Introduction to Macroeconomics · 2013/14
1r Grau d'Economia, ADE i Finances i Comptabilitat · M5
   

 
 


Antonio Quesada
Office 314
Departament d'Economia
Universitat Rovira i Virgili

Avinguda de la Universitat 1
43204 Reus

E-mail: aqa@urv.cat


Office hours (February - May 2014)
Monday  08:00-11:00
Tuesday 08:00-09:00 & 11:00-13:00


Lecture room A2.1 · 3 February 2014 - 22 May 2014
Monday 11
:00-13:00 & Thursday 09:00-11:00  
 
Class timetable
February
3
6
10
13
17
20
24 27
March
3
6
10
1317
20
24 27 31
April
3
7
10
24
28

 


May
5
8
12
15
1922 



End-of-term exam in red · Mid-term exam (Topics 1 to 5) in blue
Green colour identifies the closing dates for giving in answers to the selected exercises
(24/02 - Set 1;  
03/03 - Set 2;   10/03 - Set 3;   24/03 - Set 4;
 03/04 - Set 5,   12/05 - Set 6;   19/05 - Set 7)
Session with oral questions on Topic 8 (Economic policy): 12 May 2014


  
 Review sessions: Wednesday, March 26 and Thursday, April 3, 15:00-17:00, Classroom A0.5   

   Review session: Wednesday, May 21, 15:00-1700, Classroom A0.12  

  Bad examples to avoid       More bad examples     Another bad example

  Tips on test taking

  THE THREE WHEELS
     

 
 


Contents    

  0. General information  Overview
  Around the world in seven macroeconomic magnitudes

  1. GDP and inflation rate (Version 1.1 | 10 Feb 2014 17:29)
           One slide per page 
Six slides per page  Mainly text version

  2. Money and monetary aggregates (Version 1 | 12 Feb 2014 19:56)
           One slide per page  Six slides per page  Mainly text version

  3. Financial assets (Version 1 | 19 Feb 2014 12:15)
           One slide per page 
Six slides per page  Mainly text version

  4. Interest rate (Version 1 | 25 Feb 2014 17:06)
           One slide per page 
Six slides per page  Mainly text version

  5. Exchange rate (Version 1 | 3 Mar 2014 19:03)   ADDENDUM
           One slide per page  Six slides per page

  6. Unemployment rate and employment (Version 2 | 11 Apr 2014 | 10:58)
           Versió 2 amends a serious flaw in the monopsony analysis
           One slide per page 
Six slides per page

  7. Business cycle  (Version 1 | 8 Apr 2014 | 12:57)
           One slide per page 
Six slides per page

  8. Economic policy (Version 1.1 | 7 Apr 2014 | 20:32)
           One slide per page  Six slides per page

       This last topic will not be explained in class: on Monday 12th of May,
       students will be orally evaluated
on this topic.
      



Problem sets

  Problem set 1 | GDP and inflation rate

       Exercises ·
Version 1.1 | 11 Feb 2014 07:05 
       Version 1.1 corrects some typos from the handout (see 8 & 22)
      
       Answers to exercises 1, 2(i), 2(iii), 4, 5, 8, 9, 10, 13, 15, 16, 18, 19, 20,
      
24, 27, 28, 30, and 31 must be delivered not later than the 24th of Feb 2014

       Multiple choice questions · Version 1.1 | 11 Feb 2014 08:15 
       Version 1.1 corrects typos from the handout and reformulates some options

  Problem set 2 | Money

       Exercises ·
Version 1 | 17 Feb 2014 09:40 
            
       Answers to exercises 1, 2, 3, 6, 8, 10, 12, 13, 16, and 19
must be
       delivered not later than the 3rd of March 2014

       Multiple choice questions · Version 1 17 Feb 2014 09:40  
     
  Problem set 3 | Financial assets

       Exercises ·
Version 1 | 24 Feb 2014 09:25 
            
       Answers to exercises 1, 2, 3, 4, 9, and 11
must be
       delivered not later than the 10th of March 2014

       Multiple choice questions · Version 1 | 24 Feb 2014 09:25  

  Problem set 4 | Interest rate
        
       Exercises ·
Version 1 | 5 Mar 2014 12:01 
            
       Answers to exercises 3, 5, 6, 9 (at least ten cases), 12, 15, 16, 17, 18, 20,
       21(i), 21(ii), 23, and 28
must be delivered not later than the 24th of March 2014

       Multiple choice questions · Version 1 5 Mar 2014 16:29  

  Problem set 5 | Exchange rate
        
       Exercises ·
Version 1 | 5 Mar 2014 20:05 
            
       Answers to exercises 2, 5, 7, 9, 12, 14, 15 (at least six cases), and 18

       must be delivered not later than the 3rd of April 2014

       Multiple choice questions · Version 1 | 6 Mar 2014 08:29    
    
  Problem set 6 | Business cycle and unemployment

       Exercises · Version 1 | 9 Apr 2014 16:58 
            
       Answers to exercises 2, 3, 5, 6, 7, 8, 9, 10, 11, 13, 14 (at least ten cases),

       19, 21, and 22 must be delivered not later than the 12th of May 2014

       Multiple choice questions · Version 1 | 9 Apr 2014 16:58    

  Problem set 7 | Economic policy

       Exercises · Version 1 | 9 Apr 2014 19:40 
            
       Answers to exercises
3, 6, 10, 12, 13, 17, 19, 21, 26, 27, 29, 31, 35 i 36
       must be delivered not later than the 19th of May 2014


       Multiple choice questions · Version 1 | 10 Apr 2014 19:45    












Continuous assessment and exams
 
1st examination period
 

30% (of the final mark): mid-term activities & exams
30% (of the final mark): end-of-term exam (22 May 2014)
40% (of the final mark): final exam (6 June 2014, 12:00)
   

2nd examination period

100% (of the final mark): final exam (27 June 2014, 12:00)
    

Exams

  Exam 1 | 10 March 2014
  Exam 2 | 13 March 2014
  Exam 3 | 17 March 2014
  Exam 4 | 20 March 2014
  Exam 5 | 24 March 2014
  Mid-term exam | 8 May 2014
  End-of-term exam | 22 May 2014
  Final exam | 6 June 2014
  Final exam | 27 June 2014




Marks

  From exam 1 | 10 March 2014 | Mortality rate: 20/21=95.2%
  From exam 2 | 13 March 2014 | Mortality rate: 13/17=76.4%
  From exam 3 | 17 March 2014 | Mortality rate: 18/19=94.7%
  From exam 4 | 20 March 2014 | Mortality rate: 11/16=68.75%
  From exam 5 | 24 March 2014 | Mortality rate: 14/16=87.5%
  From the mid-term exam | 8 May 2014 | Mortality rate: 13/16=81.25%
  From the end-of-term exam | 22 May 2014 | Mortality rate: 8/13=61.53%

  Aggregate mark | 30% from continuous evaluation + 30% from end-of-term exam 
      Please, send a message to aqa@urv.cat if you find any error or omission in the
      calculation of the aggregate mark
 

  From the final exam | 6 June 2014 
       Includes the official mark for the 1st examination period


       From the final exam | 27 June 2014     
      Includes the official mark for the 2nd examination period
       To take a look at the correction, come to office 314 on
         Wednesday, the 2nd of July, from 12.30 to 13.30
              or ask [
aqa@urv.cat] for another day/hour.   



Web sites

  European Central Bank (Statistics · Statistical data warehouse)
  Spanish central bank (Banco de España)

  International Monetary Fund · World Economic Outlook Database (Jan 2014)
  Tradingeconomics

  Instituto Nacional de Estadística
  Institut d'Estadística de Catalunya
 
  Eurostat
  Global Financial Development Database

  Economy of the European Union



Interesting links and readings

  How much will it cost to the planet?  (Suggested by Fabio Roy)
  Money or credit?

  Allianz Global Wealth Report    Fourth edition · 2013 

  Where does money come from? (Paul Grignon)
  
  The Spanish public debt sets new record | EL PAÍS (17 Feb 14)

  Homage to Caledonia  | The Economist (22 Feb 2014)

  Crimean crisis  | The Guardian (3 Mar 2014) | BBC (7 Mar 2014)
 
  Deflation | EL PERIÓDICO (28 Mar 2014)

  The roots of shadow banking | CEPR

  Tearing Europe apart Yanko Tsvetkov

  Super Mario B | EL PAÍS | 2 May 2014

  The government as employer of last resort 

  European Economic Forecast (2014) by the European Commission 

  "Habíamos aprendido... pero nos hemos olvidado"  | JI Crespo · EXPANSIÓN (16/05/2014)




http://cincodias.com/cincodias/2014/04/30/economia/1398835224_153078.html


Last update: 1 July 2014 · 19:21