SYLLABUS
FACULTY ECONOMIC AND BUSINESS
INTERNATIONAL PROGRAM FOR ISLAMIC ECONOMICS AND FINANCE (IPIEF)
1 Name of Course / Module Introduction to Macroeconomics
2 Course Code EI6406
3 Credit Value 3
4 Objective
This course is designed to provide the economics students a fundamental insight as to how the macroeconomic theories be applied to analyse the current domestic environment, policy debates as well as international events.
5 Learning Outcomes
At the end of this course, the students should be able to (1) have a basic understanding of roots of macroeconomics, (2) possess a profound insight into macroeconomic concern and long run economic growth, (3) demonstrate a thorough knowledge of money and banking system as well as the government policies to address the economic issues.
6 Synopsis
The following guidelines apply for the course, but may be superseded in class or on the course email. When in doubt, it is your responsibility to ask for clarification.
Assignments. Homework will be announced in class or on the course email, and must be uploaded to the course website.
Exams. There will be two exams in this course: a midterm and a final. All are closed book, closed notes. Unless otherwise specified, you may use any simple calculator with no programming capabilities. Please be aware that in general no makeup exams will be given.
Attendance. Your attendance is encouraged, but not required. If you miss class, you are still responsible for the material covered and should get class notes from a fellow student.
7 References
Main Reference:
Mankiw, Gregory. Principles of Macroeconomics, 6th Edition
8 Lecturer Dr. Lilies Setiartiti, M.Si
9 Correspondence
Lecturer Room, E4 Building 2nd Floor E-mail: [email protected] Phone: 081392626661
10 Consultation time By appointment
11 Academic Evaluation
1. Competency Test I 30%; Competency Test II 50%
2. Assignments 10%
3. Quiz 10%
Total 100%
COURSE OUTLINE
Meetings Course Material
1 Introduction to the course: syllabus, goals and class agreement 2 Introduction to macroeconomics
3 Thinking Like an Economist 4 Roots of macroeconomics 5 Macroeconomics Concern
6 Aggregate economic variables: GDP & prices 7 Long run economic growth
8 Saving & investment 9 Competency Test I 10 Unemployment
11 Money and banking system 12 Short term economic fluctuations 13 Government in the Macroeconomics 14 Monetary policy
15 Fiscal policy
16 Supply Side Policies 17 Open economy 18 Competency Test II
Rules of class meeting:
1. Academic Honesty. Exams are individual work and cheating will not be tolerated.
Students must not glance at their neighbor exams. Students must not change their answers after they have turned their exams.
2. Check the student handbook for further information about cheating, plagiarism etc.
Cheating of any kind may result in expulsion from the university. The Department of
Economics will follow university policy in case of academic dishonesty. These rules complement/supplement the university rules, which can be found online.
3. Academic integrity is the cornerstone of the Department's rules for student conduct and evaluation of student learning. Students accused of academic misconduct will be referred directly to the Once of Community Standards and Student Conduct for disciplinary action pursuant to the Student Conduct Code and, if found guilty, will be subject to sanctions.
Sanctions range from a disciplinary warning, to academic probation, to immediate dismissal for the Department and the University, depending on the seriousness of the misconduct. Moreover, a grade of zero can be assigned by the instructor for the course.
4. Grading System
Grading and Weight Interval (%)
A A≥80
AB 75≤AB<80
B 65≤B<75
BC 60≤BC<65
C 50≤C<60
D 35≤D<50
E <35
