WEEKLY SCHEDULE

WEEK

TOPIC

READING

September 24

Economics Defined

Incentives

Methods and Assumptions of Economic Analysis

Web Readings (WR)

Wheelan

W

Ch 1

October

1

Economic Systems

• Tradition

• Command

• Market

 Adam Smith and Harmony of self-interest

WR

2

October

8

Market System

• Trade

• Consequences of trade

• Supply and demand a model of trade

WR

October

15

Exam October 16

Competing Analytical Frameworks

• Smith

• Marx

• Keynes

WR

October

22

Role of Government  

 W

3 & 4

WR

October

29

Microeconomic Issues

W

5 & 6

WR

November

5

Exam November 5

Capitalism, Economic Growth and the financial system

W

7

WR

November

12

No class November 12 (Veterans Day)

Macroeconomics

• Unemployment
• Inflation
• GDP

After Exam

W

9

WR

November

19

Macroeconomic Policy

• Federal Reserve and Monetary Policy

No class November 22 & 23 (Thanksgiving Holiday)

W

10

WR

November

26

Globalization

• Impact on the developed and developing world

W

11

WR

December

3

Globalization

• Impact on the less developed world

Last day of class December 5  

Final Exam Tuesday Dec 7^th 11:00-1:00

W

12

WR