Course Information
Instructor:
James Murray, Ph.D.
Office: 403T Wimberly Hall
Phone: 608-406-4068
E-mail: jmurray@uwlax.edu
Office Hours
Office Hours Appointments generally available at the following times:
8:30 AM - 2:00 PM Monday
2:15 PM - 4:15 PM Tuesday / Thursday
8:30 AM - 11:30 AM, 1:00 PM - 3:00 PM Wednesday
8:30 AM - 11:30 AM Friday
Click here to make an office hours appointment
Syllabus (PDF)
Login to D2L
Practice Problems
Practice Exam 1
Practice Exam 2
Practice Homework Problems
Unit 8: Market for Money and Monetary Policy
Reading:
- What is money: Module 23
- Federal Reserve System: Module 27
- Market for money: Module 28
- Monetary policy: Module 31
Class notes: Slides, Printer Friendly Version
Pencasts on Market for Money
Unit 7: Short-run Model Aggregate Supply / Demand
Reading:
- Expenditure multiplier: Module 16, ignore pages 161-164
- Aggregate demand: Module 17
- Aggregate supply: Module 18
- Equilibrium and policy: Modules 19 and 20
Class notes: Slides, Printer Friendly Version
In-class Exercise on the Expenditure Multiplier Model
Pencasts on Expenditure Multiplier
Pencasts on Aggregate Supply and Aggregate Demand
Unit 6: Economic Growth
Reading: Modules 37 and 38.
Class notes: Slides, Printer Friendly Version
In-class Exercise on Economic Growth
Unit 5: Markets for Factors of Production
Reading:
- Labor Markets: Hubbard and O'Brien, pages 500-510, available on D2L
- Module 29, pages 277-282
Class notes: Slides, Printer Friendly Version
In-class Exercise on Labor Markets
In-class Exercise on Loanable Funds Markets
Pencasts on Loanable Funds Markets
Unit 4: Measuring the Aggregate Economy
Reading:
- Gross domestic product: Module 10 (pages 106-110) and Module 11
- Unemployment: Module 12 and 13
Class notes:
In-class Exercise on Measuring GDP and prices
In-class Exercise on the BLS Employment Situation Exercise, BLS October 2, 2015 Employment Press Release
Pencasts on Measuring the Macroeconomy
Unit 3: Exchange Rates
Reading: Module 42
Class notes: Slides, Printer Friendly Version
In-class exercise on Exchange Rates
Pencasts on Markets for Currency
Unit 2: Supply and demand
Reading: - Demand: Module 5
- Supply: Module 6
- Equilibrium: Module 7
Class notes: Slides, Printer Friendly Version
In-class exercise: Equilibrium exercises
Pencasts on Supply and Demand
Homework Writing Assignment on the Market for Florida Orange Juice Due Wednesday, Sept 30 by 11:59pm to the appropriate D2L dropbox folder.
Unit 1: Introduction to Economics and Production Possibilities
Reading:
Class notes: Slides, Printer Friendly Version
In-class exercise on Production Possibilities in Mali
Pencasts on Production Possibilities and Computing Opportunity Costs
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