Administrative Building, II-nd Floor 355 4 2273 056
355 4 2273 059 akukeli@unyt.edu.al
as scheduled

 

The purpose of this course is to enable you to analyze macroeconomic issues. You will gain an understanding of the behavior of economic aggregates, such as output, employment, and prices. The interactions between these variables will be examined using macroeconomic models. Both the short run and long run will be examined.

Prerequisites: Introduction to Microeconomics, Macroeconomics, and Composition II Required Text: Olivier Blanchard, Macroeconomics: International Edition, 5/E [ISBN-13:

9781408291023, Publisher: Pearson Higher Education, 2011]

EVALUATION:

Evaluation will be based on examinations:
There will be three exams: – two midterm each worth 30%, and cumulative final exam worth

40% of the final grade. Multiple choice and essay questions will be used to better evaluate your effort in mastering Money and Banking.

***There will be problems assigned for each chapter we cover. This work will be entirely for you to practice and exercise on topics and issues in money and banking. Homework will not be collected or graded.

The following grade scale will be used as a standard.

B+ 87-89 D+
B 83-86 D 63-66

Grade

A

Percentage

96-100

Room 4-D

Grade

C

C-

Percentage

73-76

A-

90-95

70-72

67-69

B-

80-82

D-

60-62

C+

77-79

F

0-59

General Policies:

1. 2. 3. 4.

5.

WEEKS WEEK I

WEEK II WEEK III WEEK IV WEEK V WEEK VI WEEK VII WEEK VIII WEEK IX WEEK X WEEK XI

Lecture attendance is mandatory. UNYT’s policy is that if a student is absent for more than 20% of the course (i.e. 12 hours), then ‘F’ will be the grade awarded for the course.
The workload assumes that students are spending two hours studying for every one hour in class. For this session that means that you should expect to study for about 6 hours a week outside of the class time.

I reserve the right to make changes in the syllabus that do not affect the total amount of work required by students.
Students who are disruptive in class will be asked to leave. Disruption includes anything that negatively interrupts the flow of lecture or discussion. If you need to sleep, please do so outside of class. Cellular phones should be off during class. On no account should students answer their cell phones during class, or leave the room to do so unless you clear it with the professor before class starts.

I encourage students to work together and help each other out as much as possible in terms of discussing and reviewing the material. However, each student must turn in or complete in class work they have completed originally for this class. Plagiarism involves passing of the work of others as your own or any other form of academic dishonesty such as copying from another student in class or submitting the same paper to two different classes. The first incident of plagiarism or cheating will result in a “zero” on the assignment or exam. The second incident will result in an automatic “F” in the course, and appropriate action will be taken with the university authorities.

Tentative Class Schedule:

Topics

Introduction to Macroeconomics
The Goods Market and the Financial Market
The IS- LM Model
The Labor Market, AD- AS Model
Unemployment, Inflation, and Phillips Curve [EXAM I]
The Facts of Growth. Saving, Capital Accumulation, and Output Technological Progress and Growth: SR, MR and LR Expectations: Basic Tools and Financial Markets
Expectations: Consumption, Investment and Output
Openness in Goods and Financial Markets [EXAM II]
Output, the Interest Rate, and the Exchange Rate Regimes

Chapters

1, 2

3, 4

5

6, 7

8, 9

10, 11

12, 13

14, 15

16, 17

18, 19

20, 21

WEEK XII

Depressions, Slumps and High Inflation

22, 23

WEEK XIII

Monetary Policy: A Summing Up

25

WEEK XIV

Fiscal Policy: A Summing Up

26

WEEK XV

Final Examination [comprehensive]

1-23, 25-26

Good Luck!

Faculty: Economics.

Department: Business.

Scheduele: Friday09:00-13:00

Instructor: Agim Kukeli, Ph. D.

Credits:

Prerequisite: