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
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
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: 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.
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
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
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.