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ECO 304K
Penelope Davies

ECMA06 – LEC 01, LEC 02, & LEC 60 Introduction to Macroeconomics: A Mathematical Approach Instructor Contact Information: Name: Iris Au Office: IC 286 Office hours:** Monday, 11:00am – 1:00pm Friday, 11:00am – 12:00noon Email: [email protected] Telephone: 416 – 287 – 5650 Class day/time: LEC 01 – Monday & Wednesday 2:00pm – 3:30pm IC 130 LEC 02 – Monday & Wednesday 3:30pm – 5:00pm IC 130 LEC 60 – Online Teaching Assistants’ Office Hours: We have 6 TAs, they are Amad-Ud-Din Qureshi, Edward So, Huiguan Sun, Camelia Tian, Hamoon Yousefzadeh, and Sara Zahid. They will hold weekly office hours and conduct tutorials. TA Office: IC 225 Teaching Assistant Office hours Amad-Ud-Din Qureshi Thursday 1:00pm – 4:00pm Edward So Wednesday 11:00am – 12:00noon, Friday 11:00am – 2:00pm Huiguan Sun Monday 2:00pm – 5:00pm, Thursday 11:00am – 12:00noon Camelia Tian Tuesday 12:00noon – 4:00pm Hamoon Yousefzadeh Monday 11am – 2:00pm, Tuesday 11:00am – 12:00noon Sara Zahid Thursday 12:00noon – 3:00pm, Thursday 12:00noon – 1:00pm ** In general, if you want help in the course, the first “line of defense” is the teaching assistants, all of whom have office hours and are happy to answer questions.  Of course, I am happy to offer my help if this is not enough, but the time I can spend individually with each student is limited because of the size of the class (about 1000 students in this course and well over 1200 with my other courses). You are unlikely to get lots of individual time from me, especially right before the exams. General questions such as how can I study more effectively? What further economics courses should I take? What do you think about the following article on the economy and etc. are always most welcome.  Once again, detailed questions about the material should be discussed with the teaching assistants. 1 Tutorials: Teaching Assistant Tutorial Sections Held: Amad-Ud-Din Qureshi TUT 0007, TUT 0008, TUT 0009 Edward So TUT 0003, TUT 0004, TUT 0006 Huiguan Sun TUT 0016, TUT 0017, TUT 0018 Camelia Tian TUT 0011, TUT 0012, TUT 0013 Hamoon Yousefzadeh TUT 0001, TUT 0002, TUT 0005 Sara Zahid TUT 0010, TUT 0014, TUT 0015  Tutorials have been scheduled in this course; they are led by senior undergraduate students.  These will begin in the second week of classes (but there is a first tutorial for you to do on your own). We have prepared special problems and questions that will be dealt with in these tutorials; these tutorial questions are available on the Intranet.  The answers will be taken up by your teaching assistants at the weekly tutorials; an electronic copy version of the correct answers will be available on Intranet at the end of the week.  Tutorials will parallel the material that we are also doing in class, at about the same time. These tutorials are an excellent source of supplemental help in this difficult course.  There are tutorials held every week except the first week of term. Course Coordinator: Course Coordinator: Arjuna Thaskaran Email [email protected]  Our course coordinator is Arjuna Thaskaran. She handles issues about grade entries and video version of our lectures.  If you have any questions about viewing the online lectures and/or the midterm grades, please contact her. Course Description: Macroeconomics is the study of the structure and performance of national economies and of the policies that policy makers use to affect the economy. Topics to be covered include:  Measuring national product and income  Unemployment and inflation  Macroeconomics of closed economy and open economy  Economic fluctuations in both short run and long run  Determination of money supply ECMA06 Outline (Winter 2013) 2 Prerequisite(s): Grade 12 Calculus Recommended Text: th Christopher T. S. Ragan and Richard G. Lipsey, Economics, 13 Canadian edition, Pearson Addison Wesley, 2011 Lecture Notes and Other Announcements:  Lecture notes, review questions, and other course related matters will be posted on Intranet; students are expected to check the UTSCweb course page on a regular basis.  Because our text does not use calculus and is not mathematically-oriented, we will be introducing extra mathematical material in class that is not in your textbook. Problem- solving concepts will also be introduced and discussed in your tutorial sessions. That being the case, you should plan on attending all classes and tutorials, concentrating in class, and taking proper notes.  You are responsible for what is discussed in class.  The classes are large – up to 350 students in a classroom – so noise in class can be a serious problem. Please do not talk in class. If you want to talk to your neighbour, the class and the professor would appreciate it if you both left the class and watched at home. Video Version of the Class on the Intranet:  You can access streaming video versions of the weekly lectures at the address:  You can play the lectures s at home or on the on-campus computers if you miss a class, if you wish to watch it from home, or to review something you may not have fully understood. ECMA06 Outline (Winter 2013) 3 Evaluation and Grading: Midterm – multiple-choice (MC) questions only 35% Final Exam – both MC and short-answered questions 65%  I do take improvement into consideration. If you write the final exam and your mark on the final is higher than on the midterm, I will replace the lower midterm mark with the mark you received on the final exam. This means that there is no penalty for trying a term test, even if you think you are not fully ready. My intention is not to delay the point at which you begin to take this course seriously but to provide a small safety net for students in first year as they begin to learn how to do this challenging subject.  The final exam for all students will be a three-hour exam and will take place in the final exam period. Do not plan to leave Toronto before the end of the exam period (personal circumstances are not an acceptable excuse for missing the exam).  The mid-term test will be 1 hour 30 minutes long. Check the INTRANET for information on where to write these tests. The dates and times will also be announced in class. Calculators:  Non-programmable calculators are allowed for this course.  You should avoid any calculator that has considerable storage capacity for text such as a graphical calculator, because these calculators will be confiscated during an exam or test. Grade Distribution – Winter 2012: Grade % of class 80% – 100% 23% 70% – 79% 23% 60% – 69% 21% 50% – 59% 18% 0% – 49%* 14% Class average C+ (67%) * Including those who did not write the final exam.
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