Course Information
Course title
Principle of Economics (with Recitation) (2) 
Semester
104-2 
Designated for
DEPARTMENT OF FINANCE  
Instructor
KELLY BARTON OLDS 
Curriculum Number
ECON1005 
Curriculum Identity Number
303E13112 
Class
04 
Credits
Full/Half
Yr.
Full 
Required/
Elective
Preassign 
Time
Monday 3,4(10:20~12:10) Friday 2,3,4(9:10~12:10) 
Remarks
Restriction: students whose last two digits of their student ID are divisible by 4
The upper limit of the number of students: 100. 
Ceiba Web Server
http://ceiba.ntu.edu.tw/1042ECON1005_04 
Course introduction video
 
Table of Core Capabilities and Curriculum Planning
Association has not been established
Course Syllabus
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Course Description

This class introduces the principles behind macroeconomics. . It follows the first semester class which introduced the principles of microeconomics. Concepts such as GDP, price indices, inflation, unemployment, monetary & fiscal policy, etc. will be examined. The class is taught completely in English. The presentation will be largely based on Mankiw’s text. Grades will be based on a midterm (40%), a final (45%), homework and quizzes (15%).  

Course Objective
A basic knowledge of macroeconomics 
Course Requirement
No prerequisites 
Student Workload (expected study time outside of class per week)
 
Office Hours
 
Designated reading
待補 
References
Zhu X (2012), "Understanding China's Growth: Past, Present, and Future," Journal of Economic
Perspectives, 26(4): 103-124.

Autor, DH (2015), "Why Are There Still So Many Jobs? The History and Future of Workplace
Automation." Journal of Economic Perspectives, 29(3): 3-30.

La Porta, R and A Shleifer (2014), "Informality and Development." Journal of Economic
Perspectives, 28(3): 109-126.

Bloom, N (2014), "Fluctuations in Uncertainty." Journal of Economic Perspectives, 228(2): 153-176. 
Grading
 
No.
Item
%
Explanations for the conditions
1. 
Midterm 
40% 
 
2. 
Final 
45% 
 
3. 
Homework & quizzes 
15% 
 
4. 
Extra Credit Report 
4% 
3-4 pages on one of the listed readings 
 
Progress
Week
Date
Topic
Week 1
2/22,2/26  2/22 Introduction
2/26 Chapter 23: What is GDP?  
Week 2
2/29,3/04  2/29 Holiday
3/04 Chapter 23 
Week 3
3/07,3/11  3/07 Chapter 24: What is the CPI?
3/11 Chapter 24 
Week 4
3/14,3/18  3/14 Chapter 25: How do economies grow?
3/18 Chapter 25 
Week 5
3/21,3/25  3/21 Chapter 26: How do people invest?
3/25 Chapter 26 
Week 6
3/28,4/01  3/28 Chapter 27: How does one estimate the value of investments?
4/01 Holiday 
Week 7
4/04,4/08  4/04 Holiday
4/08 Chapter 27 
Week 8
4/11,4/15  4/11 Chapter 28: Why are people (& other resources) left unemployed?
4/15 Chapter 28 
Week 9
4/18,4/22  4/18 Midterm
4/22 Chapter 29: What is money and how is it created? 
Week 10
4/25,4/29  4/25 Chapter 29
4/29 Chapter 30: How does money affect the economy? 
Week 11
5/02,5/06  5/02 Chapter 30
5/06 Chapter 31: How does international trade & finance affect the economy? 
Week 12
5/09,5/13  5/09 Chapter 31
5/13 Chapter 32: How do economic models help us understand the economy? 
Week 13
5/16,5/20  5/16 Chapter 32
5/20 Chapter 35: Are inflation & unemployment related? 
Week 14
5/23,5/27  5/23 Chapter 35
5/27 Chapter 33: How do economists explain booms and recessions? 
Week 15
5/30,6/03  5/30 Chapter 33
6/03 Chapter 34: How do governments try to manage booms and recessions? 
Week 16
6/06,6/10  6/04 Saturday (not 6/10 ) Chapter 34
6/06 Chapter 34  
Week 17
6/13,6/17  6/13 Chapter 36: What have we learned this semester?
6/13 Chapter 36 & final questions 
Week 18
6/20,6/24  final