Weekly Schedule
Course Schedule
| Week | Date | Topic | Assignments |
| WEEK 1 | Th 8/26 | What is Macroeconomics and Course Navigation | Nothing Due |
| WEEK 2 | T 8/31 Th 9/02 | Argumentation & Modeling Question Building 1 Thursday | WR 1 Due Tuesday QB1 in class Thurs |
| WEEK 3 | Th 9/09 | 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 Th 9/23 | Economic Well-being | WR 3 Due Thursday |
| WEEK 6 | T 9/28 Th 9/30 | Employment | WR 4 Due Thursday |
| WEEK 7 | T 10/05 Th 10/07 | Consumption & Savings | WR 5 Due Thursday |
| WEEK 8 | T 10/12 Th 10/14 | International Trade | WR 6 Due Thursday |
| WEEK 9 | T 10/19 Th 10/21 | Exchange Rates | WR 7 Due Thursday |
| WEEK 10 | T 10/26 Th 10/28 | Keynesian Cross & Multipliers | WR 8 Due Thursday |
| WEEK 11 | T 11/02 Th 11/04 | Fiscal Policy | WR 9 Due Thursday |
| WEEK 12 | T 11/09 Th 11/11 | Monetary Policy | WR 10 Due Thursday |
| WEEK 13 | T 11/16 Th 11/18 | Government Budget Question Building 2 Thursday | Question Building 2 (nothing to turn in, completed in class) |
| WEEK 14 | T 11/23 | No Class Thursday AD & AS Model | Nothing Due |
| WEEK 15 | T 11/30 Th 12/02 | AD & AS Model | WR 11 Due Thursday |
| WEEK 16 | T 12/07 Th 12/09 | Review Thursday is Last Day on Zoom | Nothing Due |
| FINAL | Th 12/16 | Final Exam Due to Blackboard on Thursday 12/16 by 11:59pm |
Reading Summary Assignments
| week | Date | topic | Assigned |
| WEEK 5 | T 09/21 | Economic Well-being | Marleen, Randall, Abdullah |
| WEEK 6 | T 09/28 | Employment | Nancy, Rajat |
| WEEK 7 | T 10/05 | Consumption & Savings | Lingjiao, Jun Qi, Astri |
| WEEK 8 | T 10/12 | International Trade | Mamuna, Andrew, Bryan, Mei |
| WEEK 9 | T 10/19 | Exchange Rates | Alissa, Emmalee, Andrew, Shawn, Bryan, Camila |
| WEEK 10 | T 10/26 | Keynesian Cross & Multipliers | Michael, Thet Thet, Mei, |
| WEEK 11 | T 11/02 | Fiscal Policy | Randall, Mamuna, Manuel, Nancy, Uriel |
| WEEK 12 | T 11/09 | Monetary Policy | Achly, Lingjiao, Alisha, Mariia |
| WEEK 13 | T 11/16 | Government Budget | Alissa, Emmalee, Marleen, Osha, Shawn, Jun Qi, Abdullah, |
| WEEK 14 | T 11/23 | AD & AS Model | Michael, Astri, Mariia, Manuel, Uriel |
| WEEK 15 | T 11/30 | AD & AS Model | Achly, Alisha, Camila, Osha, Rajat, Thet Thet |
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
Week 15 | AD & AS MODEL| 11/30
readings TBD
