COURSE SYLLABUS

Course Number and Title:  ECONOMICS 200 – Principles of Economics I            

Instructor:         Ki-Tai Pae, Ph.D.

Office: RC Vance Academic Center (RVAC) Room 200802

Office Hours:   MW 11:00-12:00 noon, TR 2:00-3:30 p.m., and by appointment

E-Mail:              pae@ccsu.edu

Telephone:        832-2729

Topical Outline:

 1.      Introduction to Economics and the Economy (Chapter 1)

2.      The Market System (Chapter 2)

3.      Demand, Supply, and Market Equilibrium (Chapter 3)

4.      The U.S. Economy:  Private and Public Sectors (Chapter 4)

5.      The U.S. Economy in the Global Economy (Chapter 5)

6.      Gross Domestic Product (Chapter 6)

7.      The Business Cycle, Unemployment, and Inflation (Chapter 7)

8.      Basic Macroeconomic Relationships (Chapter 8)

9.      Equilibrium GDP (Chapter 9)

10.  Aggregate Demand and Aggregate Supply (Chapter 10, optional)

11.  Fiscal Policy, Deficits, and Debt (Chapter 11)

12.  Money and Banking (Chapter 12)

13.  Money Creation (Chapter 13)

14.  Monetary Policy (Chapter 14)

15.  Exchange Rates, the Balance of Payments, and Trade Deficits (Chapter 19)

Textbook:

Campbell R. McConnell/Stanley L. Brue, MACROECONOMICS, 17^th Edition (paper).  New York:  McGraw-Hill, 2008.

 Recommended Readings:  Bingham/Walstad, STUDY GUIDE to accompany the text.

 Evaluation:

 The semester grade of the course is based on 1) class attendance, 2) assignments, 3) two mid-term exams, and 4) the final exam.  Students are required to get the instructor’s permission to take a make-up exam.  There will be no make-up final exam.