Weekly Schedule
Course Schedule
Week | Date | Topic | Assignments |
WEEK 1 | F 8/27 | What is Macroeconomics and Course Navigation | Nothing Due |
WEEK 2 | T 8/31 F 9/03 | Argumentation & Modeling Question Building 1 Thursday | WR 1 Due Tuesday QB1 in class Fri |
WEEK 3 | F 9/10 | Money & Inflation (part 1) | Nothing Due |
WEEK 4 | T 9/14 | No Class Thursday Money & Inflation (part 2) | WR 2 Due Tuesday |
WEEK 5 | T 9/21 F 9/24 | Economic Well-being | WR 3 Due Friday |
WEEK 6 | T 9/28 F 10/01 | Employment | WR 4 Due Friday |
WEEK 7 | T 10/05 F 10/08 | Consumption & Savings | WR 5 Due Friday |
WEEK 8 | T 10/12 F 10/15 | International Trade | WR 6 Due Friday |
WEEK 9 | T 10/19 F 10/22 | Exchange Rates | WR 7 Due Friday |
WEEK 10 | T 10/26 F 10/29 | Keynesian Cross & Multipliers | WR 8 Due Friday |
WEEK 11 | T 11/02 F 11/05 | Fiscal Policy | WR 9 Due Friday |
WEEK 12 | T 11/09 F 11/12 | Monetary Policy | WR 10 Due Friday |
WEEK 13 | T 11/16 F 11/20 | Government Budget Question Building 2 Friday | Question Building 2 (nothing to turn in, completed in class) |
WEEK 14 | T 11/23 | No Class Friday AD & AS Model | Nothing Due |
WEEK 15 | T 11/30 F 12/02 | AD & AS Model | WR 11 Due Friday |
WEEK 16 | T 12/07 F 12/09 | Review Friday is Last Day on Zoom | Nothing Due |
FINAL | F 12/17 | Final Exam Due to Blackboard on Friday 12/17 by 11:59pm |
Reading Summary Assignments
week | Date | topic | Assigned |
WEEK 5 | T 09/21 | Economic Well-being | Cristian A., Alex, Anais, Jasmine, |
WEEK 6 | T 09/28 | Employment | Andrea, Lestell |
WEEK 7 | T 10/05 | Consumption & Savings | Kenneth, Jose G., |
WEEK 8 | T 10/12 | International Trade | Anais, Adrian K., Alvecia, |
WEEK 9 | T 10/19 | Exchange Rates | |
WEEK 10 | T 10/26 | Keynesian Cross & Multipliers | Lestell, Adrian K., Alvecia, Cameron |
WEEK 11 | T 11/02 | Fiscal Policy | Ananda, Christian D., Jaiden |
WEEK 12 | T 11/09 | Monetary Policy | Giannie, Andrea, Christian D., Sean, Cristian A., Nicholas |
WEEK 13 | T 11/16 | Government Budget | Alex, Alexis, Jaiden, Jeremy, Ananda, Jose P. |
WEEK 14 | T 11/23 | AD & AS Model | Kenneth, Cristian A., Cameron, Jasmine, Nicholas, Giannie, Andrea |
WEEK 15 | T 11/30 | AD & AS Model | Jeremy, Jose G., Sean, Jose P., Alexis |
Reading List
Week 5 | Economic Well-being | 09/21
Lumen Learning. “What is Gross Domestic Product?” https://courses.lumenlearning.com/wm-macroeconomics/chapter/what-is-gross-domestic-product/
Lumen Learning. “Calculating GDP” https://courses.lumenlearning.com/wm-macroeconomics/chapter/calculating-gdp/
Pheko, Lebohang. (2020). “Feminist economics is everything. The revolution is now!” TEDxLytteltonWomen. 4 February. https://youtu.be/bDiOXjBK8xM
Week 6 | Employment | 09/28
comradecloset, @subversive.thread, and @abolish_time. (2019). “Why We Say #Abolish Work” 25 June. https://www.instagram.com/p/BzJObj4Av4f/
EPI Staff. (2021). Economic Indicators: Jobs and Unemployment. 3 September. https://www.epi.org/indicators/unemployment/
Week 7 | Consumption & Savings | 10/05
Khan, Sal. (2014). “Consumption Function Basics.” Khan Academy. https://www.khanacademy.org/economics-finance-domain/macroeconomics/income-and-expenditure-topic/macroeconomics-the-consumption-function/v/consumption-function-basics
Moore, Kyle. (2020). “The Economics of Race.” Phenomenal World. 27 February https://phenomenalworld.org/analysis/stratification-economics
Week 8 | International Trade | 10/12
Lumen Learning. “Absolute and Comparative Advantage” https://courses.lumenlearning.com/wm-macroeconomics/chapter/absolute-and-comparative-advantage/
Lumen Learning. “Comparative Advantage and Gains from Trade” https://courses.lumenlearning.com/wm-macroeconomics/chapter/reading-absolute-advantage-2/
Blumberg, Alex. (2013) “Planet Money Makes a T-Shirt.” Planet Money. NPR. https://apps.npr.org/tshirt/#/title
Notes on Blumberg:
Prioritize “People,” “Boxes”, and “You” if you have to skip some chapters but they are all very engaging and highly encouraged!
Time Breakdown by Chapter :
Intro (0:45)
Cotton (02:32)
Machines (01:33)
People (06:21)
Boxes (01:37)
You (01:40)
Week 9 | Exchange Rates | 10/19
Khan, Sal. (2021). “Exchange Rate Primer.” AP/College Macroeconomics: Khan Academy. https://www.khanacademy.org/economics-finance-domain/ap-macroeconomics/ap-open-economy-international-trade-and-finance
Lumen Learning. “Strengthening and Weakening Currencies” https://courses.lumenlearning.com/wm-macroeconomics/chapter/strengthening-and-weakening-currency/
Week 10 | Keynesian Cross & Multipliers | 10/26
The CORE Program. (2021). The Economy
“Unemployment and Fiscal Policy: the transmission of shocks, the multiplier process'” https://www.core-econ.org/the-economy/book/text/14.html#141-the-transmission-of-shocks-the-multiplier-process
“The multiplier model” https://www.core-econ.org/the-economy/book/text/14.html#141-the-transmission-of-shocks-the-multiplier-process
“Target household wealth, collateral, and consumption spending,” https://www.core-econ.org/the-economy/book/text/14.html#143-household-target-wealth-collateral-and-consumption-spending
Khan, Sal. (2013) “Keynesian Cross.” Khan Academy. https://www.khanacademy.org/economics-finance-domain/macroeconomics/income-and-expenditure-topic/macroeconomics-the-keynesian-cross/v/keynesian-cross
Week 11 | Fiscal Policy | 11/02
Lumen Learning. “Automatic Stabilizers” https://courses.lumenlearning.com/wm-macroeconomics/chapter/counterbalancing-recession-and-boom/
Mazzucato, Mariana. (2013). “Government — investor, risk taker, innovator.” TEDglobal. https://www.ted.com/talks/mariana_mazzucato_government_investor_risk_taker_innovator?language=en
(You can watch the whole thing (13:46) if you like, but the only required piece is 4:50-9:00.)
Week 12 | Monetary Policy | 11/09
Lumen Learning. (2021).
“Monetary Policy” https://courses.lumenlearning.com/wm-macroeconomics/chapter/tools-of-monetary-policy/
“Monetary Policy and Open Market Operations“ https://courses.lumenlearning.com/wm-macroeconomics/chapter/monetary-policy-and-open-market-operations/
Schamus, James. (2014). “The Second Part of That Film About Money.” wetheeconomy. https://wetheeconomy.com/films/that-second-film-about-money/
Week 13 | Government Budget | 11/16
Kelton, Stephanie. (2021). “The big myth of government deficits.” TEDMonterey. https://www.ted.com/talks/stephanie_kelton_the_big_myth_of_government_deficits
Lu, Marcus. (2020, October 30). “Charting America’s Debt: $27 Trillion and Counting.” Visual Capitalist. https://www.visualcapitalist.com/americas-debt-27-trillion-and-counting/
Lumen Learning: from Module 11: “Taxation” https://courses.lumenlearning.com/wm-macroeconomics/chapter/reading-taxation/
Week 14 | AD & AS Model | 11/23
Economics Online. (2021). “The AD- AS Model” https://www.economicsonline.co.uk/Managing_the_economy/Introduction_to_aggregate_demand_and_aggregate_supply.html
and TBD
Week 15 | AD & AS MODEL| 11/30
readings TBD