ECO 3203 (FALL 2002)

AGGREGATE ECONOMIC CONDITIONS

Download the course outline.

GO TO THE CLASS PHOTO. 

The Final Exam Grades and the OVERALL GRADES are available on the CBA web page.

HAPPY HOLIDAYS 

and 

MERRY CHRISTMAS

LECTURE NOTES and ARTICLES: 

The lecture notes are not substitutes for the textbook, they are a complement to the textbook.

Download the Acrobat Reader (version 5.0) to Read and Print all documents.

• Chapter 1 - Slides in pdf format.
• Chapter 1 - Handouts in pdf format.
• The Consumer Price Index--Why the Published Averages Don't Always Match An Individual's Inflation Experience. The Bureau of Labor Statistics.
• Chapter 2 - Slides in pdf format.
• Chapter 2 - Handouts in pdf format.
• Chapter 3 - Slides in pdf format.
• Chapter 3 - Handouts in pdf format.
• Why Did Productivity Fall So Much During the Great Depression? by Lee E. Ohanian (2001) American Economic Review.
• Chapter 4 - Slides in pdf format.
• Chapter 4 - Handouts in pdf format.
• Chapter 5 - Slides in pdf format.
• Chapter 5 - Handouts in pdf format.
• Chapter 6 - Slides in pdf format. 
• Chapter 6 - Handouts in pdf format.
• Chapter 7 - Slides in pdf format. REAL BUSINESS CYCLE MODEL 
• Chapter 7 - Handouts in pdf format.
• Chapter 10 - Slides in pdf format.  KEYNESIAN STICKY WAGE MODEL 
• Chapter 10 - Handouts in pdf format.

ASSIGNMENTS:

• Assignment I. (due September 4, 2002)
• Solution to Assignment I.
• Assignment II. (due September 11, 2002) 
• Solution to Assignment II.
• Assignment III. (due September 18, 2002)
• Solution to Assignment III.
• Assignment: (Not due, not graded) To prepare for the QUIZ II on October 16, 2002. 
  • ALL the Questions for Review - Chap 3 and Chap 4.
• Assignment IV. (due November 6, 2002)
• As an assignment: QUIZ III. (due November 27, 2002)
• Solution to QUIZ III.

EXAMS:  

• Download the Solution to the Final Exam. 

• Final Exam Schedule --> Note: The exam starts at 7:00 p.m.

• FINAL-EXAM GUIDELINES: 

  The Final EXAM will cover chapters: 4, 5, 6, 7 and 10. 

  • 60 % of the exam will be multiple choice.
    • heavy emphasis (at least 70 percent of the multiple choice questions) will be on chapters 6, 7 and 10.
  • 40 % of the exam will be short-essay questions.
  • There will be 5 short essay questions.
    • one from the questions for review of chapter 5.
    • one from the questions for review of chapter 6.
    • one from the questions for review of chapter 7.
    • one from the questions for review of chapter 10.
    • one from nowhere.
  • Study Well and Good Luck.
• I will hold a question/answer session on Wednesday, December 4, 2002 at 1:00 p.m. Location: BA 234.
• QUIZ III GRADES ARE AVAILABLE ONLINE.
• Download the Solution to QUIZ III. 
• Download QUIZ III. 
• QUIZ III is scheduled for November 13, 2002. QUIZ III covers  chapters 5 and 6. Prepare by answering/solving the questions for review and the problems at the end of each chapter.
• QUIZ II GRADES ARE AVAILABLE ONLINE.  
• Download QUIZ II and the Solution.
• QUIZ II is scheduled for October 16, 2002. QUIZ II covers  chapters 3 and 4. Prepare by answering/solving the questions for review and the problems at the end of each chapter.
• QUIZ I GRADES ARE AVAILABLE ONLINE.  
• Download QUIZ I and the Solution. 
• QUIZ I is scheduled for September 11, 2002. QUIZ I covers Chapters 1, 2 and 3 (Excluding the concept of variability and its applications in Chapter 3). Prepare by answering/solving the questions for review and the problems at the end of each chapter.
  • For example: (all of the following are OUT because they address the issue of VARIABILITY)
    - last paragraph of page 74.
    - last paragraph of page 76.
    - last two sentences of page 77.
• No exam on September 4, 2002. 

MISCELLANEOUS:

• I will hold a question/answer session on Wednesday, December 4, 2002 at 1:00 p.m. Location: BA 234.
• Note the new addition to the lecture notes: Chapter 10.
• Look at the final-exam guidelines. Scroll to the Exams Section.
• Read the FLORIDA ECONOMY REPORT. 
• The United States Economy at a Glance.
• Example on how to compute GDP using the different approaches. This is the solution to problem 2, Chapter 2. 
• Go to the book Web page
• A Guide to the NIPA's By Eugene P. Seskin and Robert P. Parker (Important for Definitions)
• Teach yourself basic Macroeconomics.

Minimum Wages

• A Cross-National Analysis of the Effects of Minimum Wages on Youth Employment 
  http://papers.nber.org/papers/W7299
• Minimum Wages and Youth Employment in France and the United States 
  http://papers.nber.org/papers/W6111
• An Evaluation of Recent Evidence on the Employment Effects of Minimum and Subminimum Wages
  http://papers.nber.org/papers/W4528
• The Effects of the Minimum Wage on the Employment and Earnings of Youth 
  http://papers.nber.org/papers/W0849
• http://www.epionline.org/
  http://www.dol.gov/esa/minwage/q-a.htm
  http://www.chn.org/issues/issue.asp?iss=18
• http://www.self-gov.org/cox02.html

Conversion Table for the GRADES:

The following letter grade system will be used,

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GO to the CBA web site, click on SUPPORT, then click on CHECK GRADES ONLINE,

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http://www.bus.ucf.edu/cbagrades/cgi-bin/cbag_login.pl?sa_01=opt_sls

Login using your Social Security Number and check your grade. Again, the password is eco3203. The password is case sensitive (there is no CAPITAL LETTERS in it).

QUIZ I GRADES: The grade is over 100 points, convert your grade into the letter grade system A/A-/B+/B/B-/C+/C/C-/F using the conversion table.

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QUIZ III GRADES: The grade is over 100 points, convert your grade into the letter grade system A/A-/B+/B/B-/C+/C/C-/F using the conversion table.

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Last Updated Monday, February 23, 2009 01:56:24 PM