Week 1: Introduction to Macroeconomics
Instructional Videos
Resources
- Overview of what is economics, macroeconomics: Krugman and Wells Module 1
- Production possibilities frontier: Krugman and Wells Module 2
- Wall Street Journal, "Makeshift Cuisinart Makes a Lot Possible in Impoverished Mali." Posted on Canvas
- Class Slides
Exercises
- Canvas Multiple Choice Quiz
due Wednesday 11:59 PM - Production Possibilities Frontier
(Slides Version)
Due Friday 11:59 PM
Week 2: Supply and Demand
Instructional Videos
Resources
- Demand: Krugman and Wells Module 5
- Supply: Krugman and Wells Module 6
- Equilibrium: Krugman and Wells Module 7
- Class Slides
Exercises
- Canvas Multiple Choice Quiz
due Wednesday 11:59 PM - Supply and Demand
(Slides Version)
Due Friday 11:59 PM
Week 3: Market for Currencies
Instructional Videos
Resources
- Supply and Demand for Currencies: Krugman and Wells Module 47
- Class Slides
Exercises
- Canvas Multiple Choice Quiz
due Wednesday 11:59 PM - Exchange Rates and Markets for Currencies
(Slides Version)
Due Friday 11:59 PM
Week 4: Measuring the Macroeconomy
Instructional Videos
Reading
- Measuring production: Krugman and Wells Modules 14, 15
- Measuring unemployment: Krugman and Wells Modules 16, 17
- Measuring prices using CPI: Krugman and Wells Module 18
- Class Slides
Exercises
- Canvas Multiple Choice Quiz
due Wednesday 11:59 PM - Measuring the Macroeconomy
(Slides Version)
Due Friday 11:59 PM
Week 6: Market for Labor
Instructional Videos
Reading
Exercises
- Canvas Multiple Choice Quiz
due Wednesday 11:59 PM - Market for Labor
(Slides Version)
Due Friday 11:59 PM
Week 7: Investment and Saving
Instructional Videos
Reading
- Krugman and Wells Module 23
- Class Slides
Exercises
- Canvas Multiple Choice Quiz
due Wednesday 11:59 PM -
Investment and Saving
(Slides Version)
Due Friday 11:59 PM
Week 8: Growth and Development
Instructional Videos
Reading
- Differences in international growth rates: Krugman and Wells Module 20
- Productivity curve model: Krugman and Wells Module 21
- Government policies that can promote economic growth: Krugman and Wells Module 22
- Class Slides
Exercises
- Canvas Multiple Choice Quiz
due Wednesday 11:59 PM - Growth Long-Run Outcomes
(Slides Version)
Due Friday 11:59 PM
Week 10: Expenditure Multiplier
Instructional Videos
Reading
- Krugman and Wells Modules 27 and 28
- Class Slides
Exercises
- Canvas Multiple Choice Quiz
Due Wednesday 11:59 PM -
Expenditure Multiplier
(Slides Version)
Due Friday 11:59 PM
Week 11: Aggregate Supply and Aggregate Demand
Instructional Videos
Reading
- Aggregate Demand: Krugman and Wells Module 30
- Aggregate Supply: Krugman and Wells Module 31
- Changes in Real GDP and Price Level in Equilibrium: Krugman and Wells Module 32
- Class Slides
Exercises
- Canvas Multiple Choice Quiz
due Wednesday 11:59 PM -
Aggregate Supply and Aggregate Demand
(Slides Version)
Due Friday 11:59 PM
Week 12: Monetary Policy
Instructional Videos
Reading
- Supply and demand for money: Krugman and Wells Module 40
- Aggregate Supply: Krugman and Wells Module 31
- Monetary policy and Aggregate Supply / Aggregate Demand: Krugman and Wells Module 41
- Class Slides
Exercises
- Canvas Multiple Choice Quiz
due Wednesday 11:59 PM -
Monetary Policy
(Slides Version)
Due Friday 11:59 PM
Instructor
James Murray, Ph.D.
  2106 Wittich Hall  608-785-6828
    608-406-4068
  jmurray@uwlax.edu
Student Hours Appointments
Student hours appointments are available with as little as a 30-minute notice, and are generally available at the following times:
- 8:30 AM - 10:30 AM Mon/Wed/Fri
- 1:00 PM - 2:30 PM Mon/Wed/Fri
- 2:30 PM - 4:30 PM Tue/Thurs
Student Hours Appointments
Student Hours Satisfaction Guaranteed!
I guarantee that coming to student hours to ask questions will increase your grade in the class. If you come and still get questions wrong on the exam about the topic we discussed, I will refund those points! This guarantee is subject to the following conditions:
- Refund points are good for up to two topics on each exam, and up to a total of 10 percentage points per exam.
- You and I must agree in writing using the following online form: https://murraylax.org/studentguarantee/
It takes just a minute to fill out the form. On this form, we document very specifically what we discussed and we both agree that I have explained the topic sufficiently and that you have acquired a good understanding from our discussion. - You must fill out the above form on the same day of your appointment.
- You must have attended class when the topic was initially taught or had an excused absence and completed any online work that served as a substitute, including watching any instructional videos.
- Only three guarantee forms may be filed before each exam.
- Only one guarantee form may be filed on a single day. Therefore, filing two or three guarantee forms before an exam will require at least two or three separate office hours visits, respectively.
- After the exam, if you get questions wrong that were guaranteed, it is your responsibility to recognize this and present your copy of the guarantee form to notify me you should get the points refunded.