William Rainey Harper College MACROECONOMICS! MACROECONOMICS IN THE GLOBAL ECONOMY ASSIGNMENTS ~/~ Home ~/~ Syllabus ~/~ Schedule ~/~ Assignments ~/~ Lectures ~/~ Blackboard ~/~ Textbook Website ~/~

 

Unit 1-What is Economics and Globalization? Chapter 1 - The 5Es of Economics Reading Assignments: Chapter 1 ALL (including the appendix "Graphs and Their Meaning") Ch. 3 Efficient Allocation pp. 58-59 Ch. 5: pp. 108-109, "Society's Optimal Amount of Externality Reduction" The online lecture is VERY IMPORTANT: See: "The 5Es of Economics" at: [http://www.harpercollege.edu/mhealy/eco212i/lectures/ch1-18.htm] Study Guide Chapter 1: Multiple Choice:5 Problems: # 4, 5 Appendix to Chapter 1: Multiple Choice: # 1, 2, 6, 11, 12 15, 16, 17 Problems: # 1a, 1b, 2a, 4 Chapter 5: Multiple Choice: # 16, 23, 24, 25 Problem: # 5 Worked Problems: 1.1 and 1.2 at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter1/worked_problems.html Web Quiz: Chapter 1 at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter1/quiz.html Textbook End-of-Chapter Questions and Problems [The answers to the End-of-Chapter Questions and Problems are on our class Blackboard site - see: "TEXTBOOK SOLUTIONS"] Chapter 1: Questions: 5, 7-11 Problems: 1, 3, 4, 5, 7, 8 Chapter 1 Appendix: Problems # 1, 2, 7, 8 Chapter 2 - Economic Systems and Globalization Reading Assignments: Chapter 2 ALL PLUS Ch. 2 Last Word: "Shuffling the Deck": p. 42 Ch. 8 The Last Word - "Economic Growth in China": p. 166 Ch. 8 Global Competition, p. 164 Ch. 20 "Multilateral Trade Agreements", pp. 416-418 "Petition of the Candlemakers, 1845": p. 419 http://www.harpercollege.edu/mhealy/eco212i/lectures/command/econsys.htm  Chapter 23W of the 16th edition of our textbook, pages 2-13, found on our Blackboard site  State Ownership and Central Planning: pp. 23W-2 to 23W-3  Problems with Central Planning pp. 23W-3 to 23W-5  The Collapse of the Soviet Economy pp. 23W-5 to 23W-6 The Russian Transition to a Market System pp. 23W-6 to 23W-9 Market Reforms in China pp. 23W-10 to 23W-11 Outcome and Prospects pp. 23W-11 to 23W-13 Conclusion pp. 23W-13 Study Guide: Chapter 2 Multiple Choice: # 1, 2, 3, 6, 7, 9, 11, 12, 13, 19-25 Problems: # 1, 4  Web Quiz: Chapter 2 # 1-9 at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter2/quiz.html End-of-Chapter Questions and Problems: [The answers to the End-of-Chapter Questions and Problems are on our class Blackboard site - see: "TEXTBOOK SOLUTIONS".] Chapter 2: Questions #1, 3, 5, 9, 10, 11, 13 Chapter 8 Questions # 11; Chapter 20 Question #15 Chapter 3 - The Efficiency of Markets: Supply and Demand Reading Assignments: Chapter 3 pp. 47-61 only Chapter 3 appendix: pp. 69-74 PLUS: http://www.harpercollege.edu/mhealy/eco211/lectures/s%26d/sdeff.htm Study Guide Chapter 3: Multiple Choice: # 1-28 Problems: # 2-6, 8 Chapter 3 Appendix: Multiple Choice: # 1-8, 10-15 Problems: # 1, 2 Web Quiz: Chapter 3 ALL questions at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter3/quiz.html End-of-Chapter Questions and Problems: [The answers to the End-of-Chapter Questions and Problems are on our class Blackboard site - see: "TEXTBOOK SOLUTIONS".] Chapter 3: Questions # 1-9; Problem # 2, 3, 4 Chapter 3 Appendix: Questions # 1, 4-7; Problem: # 3 Chapter 5 - The Public Sector (Government): Role and Finance (includes parts of chapters 5, 22W, 3, and micro Ch.16) Reading Assignments: Chapter 3: Application: Government-Set Prices pp. 61-64 Chapter 5: Public Goods; Externalities; Governmentâ�™s Role in the Economy pp. 99-110  â�œThe Role of Governmentâ�� found in Web Chapter 22W, pp. 12 -13 at: http://highered.mcgraw-hill.com/sites/dl/free/0077337727/883829/mcc37727_ch22W_001_020.pdf Microeconomics Chapter 16, pp 238-246 (Government Finance; Federal Finance; State and Local Finance; Local, State, and Federal Employment; Apportioning the Tax Burden; The VAT). Found on our Blackboard site. Study Guide Chapter 3 Multiple Choice: # 29, 30 Problems # 1, 7 Chapter 3 Appendix Multiple Choice: # 9 Chapter 5 Multiple Choice: # 7, 8, 17-22 Problems # 6 Worked Problems: 16.1 at http://highered.mcgraw-hill.com/sites/0077337735/student_view0/chapter16/worked_problems.html Web Quizzes: Chapter 3: #5-6 at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter3/quiz.html Chapter 5: #4-6, 9 at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter5/quiz.html Chapter Micro 16: #1, 2, 3, 5, 7, 9 at http://highered.mcgraw-hill.com/sites/0077337735/student_view0/chapter16/quiz.html End-of-Chapter Questions and Problems: [The answers to the End-of-Chapter Questions and Problems are on our class Blackboard site - see: "TEXTBOOK SOLUTIONS".] Chapter 3: Questions 11, 12; Problem 7 Chapter 5: Questions 1, 4, 5, 7, 8, 10   Chapter 20 - TRADE: Specialization and Exchange Reading Assignments: Chapter 20: pp 398-407, 411-420 "The Mystical Power of Free Trade" http://www.cnn.com/ALLPOLITICS/time/1999/12/06/free.trade.html "Poor Countries and Trade" http://news.bbc.co.uk/1/shared/spl/hi/pop_ups/03/business_trade_and_poor_countries/html/1.stm Study Guide  - Chapter 20 Multiple Choice: # 1-12, 18-20, 22-27, 29, 30 Problems: # 1 a-d Worked Problems 20.1 at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter20/worked_problems.html Web Quiz: Chapter 20 # 1, 2, 3, 7, 8, 10 at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter20/quiz.html End-of-Chapter Questions and Problems: [The answers to the End-of-Chapter Questions and Problems are on our class Blackboard site - see: "TEXTBOOK SOLUTIONS".] Questions # 1, 3, 4, 8-12, 14 Problems 1, 2, 3 Unit 2: An Introduction to Macroeconomics  Chapter 12 - AS/AD Reading Assignments: Chapter 12 - Aggregate Supply and Aggregate Demand: ALL (not the appendix) PLUS: Ch. 9: The Business Cycle: pp. 171-173 Ch. 13: Fiscal Policy and the AD-AS Model: pp. 258-261 Ch. 18: Taxation and AS (Supply -Side Economics): pp. 374-378 Ch. 18: From Short Run to Long Run / Applying the Extended AS-AS Model - pp. 362-368 Ch. 9: Types of Inflation: pp. 179-180 Study Guide Chapter 12: Multiple Choice # 1, 3-9, 14-20, 22-25; Problems: # 1, 2, 4 Chapter 13: Multiple Choice #1, 3; Problems #1 Chapter 18: Multiple Choice # 2, 3, 5, 6, 8, 10; Problems # 2, 5 [Problem #5a error: C orrect answers are B, increase, increase] Web Quiz Chapter 12 # 1-6, 8-10 at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter12/quiz.html Chapter 13 # 7, 9 at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter13/quiz.html Chapter 18 # 5, 7, 8, 10 at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter18/quiz.html End-of-Chapter Questions and Problems: [The answers to the End-of-Chapter Questions and Problems are on our class Blackboard site - see: "TEXTBOOK SOLUTIONS".] Chapter 12: Questions # 2, 3, 4, 5, 8, 9, 10; Problem 3, 5 Chapter 18: Questions # 1, 4, 9, 10; Problem #1 Chapter 6 - An Introduction to Macroeconomics Reading Assignments: Chapter 6 ALL PLUS: Review Ch. 9: The Business Cycle: pp. 171-173 Review Ch. 1: "Present Choices, Future Possibilities": pp. 16-18 Study Guide: Chapter 6 Multiple Choice: 1-5, 7-10, 13-15, 22, 25 Problems: 2, 3 Web Quiz: Chapter 6 # 2-10 at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter6/quiz.html End-of-Chapter Questions and Problems: [The answers to the End-of-Chapter Questions and Problems are on our class Blackboard site - see: "TEXTBOOK SOLUTIONS".] Questions # 1, 4, 5, 6 Problems # 3, 5 Chapter 9 - Unemployment and Inflation Reading Assignments: Chapter 9: ALL Ch. 7: "GDP Price Index," pp. 141-142 Study Guide : Chapter 9 Multiple Choice: # 1, 2, 4-11, 14-17, 19-23, 25 Problems: # 1, 3, 4 Worked Problems 9.1 and 9.3 at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter9/worked_problems.html Web Quiz: Chapter 9 # 1-6, 8, 10 at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter9/quiz.html End-of-Chapter Questions and Problems: [The answers to the End-of-Chapter Questions and Problems are on our class Blackboard site - see: "TEXTBOOK SOLUTIONS".] Questions # 1, 3, 5-10; Problems #3 1, 2, 4, 5, 6 Chapter 7 - Measuring the Economy Reading Assignments: Chapter 7 - ALL  Study Guide : Chapter 7 Multiple Choice: # 1, 2, 4-7, 9-13, 15-19, 24-30 Problems: Chapter 7: # 4, 5 Chapter 6: #1 Worked Problem 7.2 at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter7/worked_problems.html Web Quiz # 1, 2, 4-9 at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter7/quiz.html End-of-Chapter Questions and Problems: [The answers to the End-of-Chapter Questions and Problems are on our class Blackboard site - see: "TEXTBOOK SOLUTIONS".] Question 7-4, Problem 7-7 Chapters 8 and Web Chapter 22W - Economic Growth and the Less Developed Countries Reading Assignments Chapter 8 - ALL Ch. 1 "A Growing Economy" pp. 15-16 Web Chapter 22W - ALL at: http://highered.mcgraw-hill.com/sites/0077337727/student_view0/web_chapters_and_supplements.html Also read: http://www.harpercollege.edu/~mhealy/g101ilec/intro/eco/ecomea/ecomeafr.htm Study Guide Chapter 8: Multiple Choice: # 1-3, 6-10, 13-22, 25 Problems: # 1, 2, 4 Chapter 22W: Multiple Choice: # 1-8, 10-13, 17-21 Problems: # 1, 2 Chapter 6: Multiple Choice # 11 Web Quizzes Chapter 8: 1-7, 10 at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter8/quiz.html Chapter 22W: 1-9 at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter_22w/quiz.html End-of-Chapter Questions and Problems [The answers to the End-of-Chapter Questions and Problems are on our class Blackboard site - see: "TEXTBOOK SOLUTIONS".] Chapter 8: Questions # 1-4, 6, 7, 10; Problems # 1-3 Chapter 22W: Questions # 1, 2, 4, 7, 10; Problems # 1, 2 Unit 3 : Macroeconomic Policy Chapters 10 and 13 - Fiscal Policy Reading Assignments: Chapter 10: ALL Chapter 13: ALL PLUS Review Ch. 18 pp. 374-378 "Taxation and Aggregate Supply" Study Guide Chapter 10: Multiple Choice: ALL Problems: ALL Chapter 13: Multiple Choice: # ALL Problems: # 1, 2, 4, 5 Worked Problems 10.1 and 10.2 at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter10/worked_problems.html Web Quizzes Chapter 10: ALL at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter10/quiz.html Chapter 13: ALL at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter13/quiz.html End-of-Chapter Questions and Problems: [The answers to the End-of-Chapter Questions and Problems are on our class Blackboard site - see: "TEXTBOOK SOLUTIONS".] Chapter 10: Questions ALL; Problems # 1, 2, 5, 9, 10 Chapter 13: Questions # 2, 4, 5, 6, 8, 9, 11, 12; Problems 1, 5   Chapters 14 and 15 - Money and How Banks Create It Reading Assignments: Chapter 14: ALL Chapter 15: ALL  Chapter 16: Interest Rates pp. 315-317 Study Guide Chapter 14 Multiple Choice: # 1-5, 7, 9, 11, 13, 15-25 Chapter 15 Multiple Choice: # 1, 3-25 Problems: # 1-4 Chapter 16 Multiple Choice: # 3-8 Problem # 1 Worked Problems Chapter 15: 15.1 and 15.2 at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter15/worked_problems.html Web Quizzes Chapter 14: 1-4, 6-8, 10 at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter14/quiz.html Chapter 15: ALL at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter15/quiz.html End-of-Chapter Questions and Problems: [The answers to the End-of-Chapter Questions and Problems are on our class Blackboard site - see: "TEXTBOOK SOLUTIONS".] Chapter 14: Questions # 1, 5, 6, 8, 10; Problem # 2, 4 Chapter 15: Questions # 2-7, 9; Problems # 2-7 Chapter 16: Question # 1; Problem #1 Chapter 16 - Monetary Policy Reading Assignment: ALL of Chapter 16  Study Guide: Chapter 16 Multiple Choice: # 1, 9, 12-30 Problems: # 3-6 Worked Problem 16.3 at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter16/worked_problems.html Web Quiz: Chapter 16 # 1-9 at http://highered.mcgraw-hill.com/sites/0077337727/student_view0/chapter16/quiz.html End-of-Chapter Questions and Problems: [The answers to the End-of-Chapter Questions and Problems are on our class Blackboard site - see: "TEXTBOOK SOLUTIONS".] Question # 2-4, 6-8; Problems # 1, 3, 7(?)