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Readings for Econ 200

Grayed-out readings and topics are tentative and subject to change. Blue readings are as assigned in class.
Jan. 11 Introduction to Economics, and to Macroeconomics
Mankiw, ch. 1
Jan. 13 Scarcity and Choice
Mankiw, ch. 2 and appendix
SG: ch. 1 multiple choice (MC): 1, 2, 3, 6, 19
ch. 2 Practice Problem 2
ch. 2 MC: 6, 7, 8, 10, 11, 12, 13, 14, 15, 16, 18
Jan. 18 Markets and Demand
Mankiw, ch. 3; also pp. 65-73
SG: ch. 3 MC: 1, 2, 3, 4, 5
ch. 4 MC: 2, 5, 7
Jan. 20 Supply and Equilibrium
Mankiw, pp. 73-86
SG: ch. 4 MC: 8, 9, 10, 11, 12, 13, 20
Jan. 25 More on Markets and Price Controls
Mankiw, pp. 113-123
SG: ch. 4 Practice Problem 2
ch. 6 MC: 1, 2, 3, 4, 5, 6, 8, 9
Jan. 27 Macro Transition Day
Mankiw, pp. 203-211
SG: ch. 10 Practice Problems 1, 2
MC: 1, 2, 4
Feb. 1 Measuring and Interpreting GDP
Mankiw, pp. 211-220
SG: ch. 10 Practice Problem 4
MC 1, 2, 4, 6, 7, 9, 10, 11, 12, 13 Advanced Critical Thinking (ACT) problem
Feb. 3 Measuring Inflation and Long-Run Growth
Mankiw, ch. 11 and pp. 245-250
SG: ch. 11 Practice Problem 1, 3
SG: ch. 11 MC 4, 5, 6, 13, 14, 16
SG: ch. 12 MC 1, 3, 4
Feb. 8 Long-Run Growth
Mankiw, pp. 250-269 and box p. 296
SG: ch. 12 MC 7, 8, 14, 16
SG: ch. 14 practice problem 2
Online ch. 12 tutorial quiz at
http://websites.swlearning.com
Feb. 10 Test day -- no new reading

Feb. 15 Assessment day: No classes 8 a.m.-4 p.m.

Feb. 17 Test return, then:
The Financial System
Mankiw, pp. 271-281
SG: ch. 13 MC 3, 4, 6, 10, 11
Feb. 22 Loanable Funds and Finance Basics
Mankiw, pp. 281-290, 293-296
SG: ch. 13 practice problem 3
ch. 13 MC: 12, 13, 14, 16, 18, 20
ch. 14 MC: 1, 2, 5, 6, 7
Feb. 24 Financial Elements of Macroeconomics; Unemployment
Mankiw, pp. 296-307, 309-312
SG: ch. 14 MC 11, 12, 13, 20;
ch. 15 MC 1, 2, 3, 4, 5, 6
March 1 Unemployment and its Natural Rate; Introduction to Money
Mankiw, ch. 15; and pp. 337-345
SG: ch. 15 MC: 10, 12, 17, 19, 20; also, ch. 15 ACT problem
SG: ch. 16, MC 1, 2, 3, 5, 6,
March 3 The Money Creation Process
Mankiw, pp. 345-355
SG: ch. 16 MC 8, 9, 10, 11, 12, 13
March 15 The Federal Reserve
Mankiw, pp. 359-362
SG: ch. 16 MC 14, 15, 18;
ch. 17 MC 1, 2, 3, 4
March 17 The Quantity Theory of Money
Mankiw, pp. 362-372
SG: ch. 17 MC 5, 6, 7, 8, 9, 10
March 22 Consequences of Inflation and the Open Economy
Mankiw, pp. 372-381, 387-389
SG: ch. 17 MC 13, 14, 15, 17, 18; also ch. 17, Practice Problem 2;
ch. 18 MC 1, 2
March 24 The Open Economy and International Payments
Mankiw, pp. 387-398
SG: ch. 18 MC 3, 5, 6, 7
SG: ch. 18 practice problem 2
March 29 Foreign Exchange Rates and Short-Run Fluctuations
Mankiw, pp. 398-407; 435-438
SG: ch. 18 MC 8, 9, 10, 13, 14, 15, 17, 18; ch 20 MC 1, 2
March 31 Short-Run Fluctuations in the Macroeconomy
Mankiw, pp. 438-451
SG: ch. 20 MC 3, 4, 5, 7; practice problem 2
April 5 Aggregate Supply and Aggregate Demand in the Long Run
Mankiw, pp. 451-457
SG: ch. 20 MC 6, 8; practice problems 3, 4
April 7 The Full AS-AD Model
Mankiw, pp. 457-468
SG: ch. 20 MC  9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20
April 12 Money and Aggregate Demand
Mankiw, pp. 473-476
SG: ch. 21 MC 1, 3
April 14 Test day -- no new reading
April 19 Test return, then:
Monetary and Fiscal Policy
Mankiw, pp. 476-494
SG: ch 21 Practice Problems 1, 2, 3
MC 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 20
also, Advanced Critical Thinking Problem
April 21 Fiscal Policy and the Phillips Curve
Mankiw, ch. 22
SG: ch 22 Advanced Critical Thinking Problem
MC 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 18, 20
April 26 The Phillips Curve and Five Debates about Macroeconomic Policy
Mankiw, ch. 23
SG: ch. 23 MC 1, 2, 3, 4, 5, 6, 7, 8, 9, 11, 12, 14, 15
April 28 Review and synthesis