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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. 13 Introduction to Economics, and to Macroeconomics
Mankiw, ch. 1
Jan. 15 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. 20 Markets and Demand
Mankiw, ch. 3; also pp. 63-71
SG: ch. 3 MC: 1, 2, 3, 4, 5
ch. 4 MC: 2, 5, 7
Jan. 22 Supply and Equilibrium
Mankiw, pp. 71-84
SG: ch. 4 MC: 8, 9, 10, 11, 12, 13, 20
Jan. 27 Class cancelled -- snow and ice
Jan. 29 Markets and Price Controls
Mankiw, pp. 113-124
SG: ch. 4 Practice Problem 2
ch. 6 MC: 1, 2, 3, 4, 5, 6, 8, 9
Feb. 3 Macro Transition Day
Mankiw, ch. 10
SG: ch. 10 Practice Problems 1, 2, 4
MC 1, 2, 4, 6, 7, 9, 10, 11, 12, 13 Advanced Critical Thinking (ACT) problem
Feb. 5 Measuring Inflation
Mankiw, ch. 11
SG: ch. 11 Practice Problem 1, 3
SG: ch. 11 MC 4, 5, 6, 13, 14, 16
Feb. 10 Long-Run Growth
Mankiw, ch. 12 and box p. 296
SG: ch. 12 MC 1, 3, 4, 7, 8, 14, 16
SG: ch. 14 practice problem 2
Online ch. 12 tutorial quiz at
http://websites.swlearning.com
Feb. 12 Test day -- no new reading

Feb. 17 Assessment day: No classes 8 a.m.-4 p.m.

Feb. 19 Test return, then:
Long-Run Growth and the Financial System
Mankiw, pp. 271-282
SG: ch. 13 MC 3, 4, 6, 10, 11
Feb. 24 The Financial System
Mankiw, ch. 13 282-288
SG: ch. 13 practice problem 3
MC: 12, 13, 14, 16, 18, 20
Feb. 26 Financial Elements of Macroeconomics
Mankiw, pp. 293-305
SG: ch. 14 MC 1, 2, 5, 6, 7, 11, 12, 13, 20
March 3 Unemployment and its Natural Rate
Mankiw, ch. 15
SG: ch. 15 MC: 1, 2, 3, 4, 5, 6, 10, 11, 12, 17, 19, 20; also, ch. 15 ACT problem
March 5 Money and the Money Creation Process
Mankiw, pp. 337-349
SG: ch. 16 MC 1, 2, 3, 5, 6, 8, 9, 10, 11, 12, 13
March 17 The Federal Reserve
Mankiw, pp. 357-361
SG: ch. 16 MC 14, 15, 18;
ch. 17 MC 1, 2, 3, 4
March 19 The Quantity Theory of Money
Mankiw, pp. 361-371
SG: ch. 17 MC 5, 6, 7, 8, 9, 10
March 24 Consequences of Inflation and the Open Economy
Mankiw, pp. 371-381, 387-389
SG: ch. 17 MC 13, 14, 15, 17, 18; also ch. 17, Practice Problem 2;
ch. 18 MC 1, 2
March 26 The Open Economy and International Payments
Mankiw, pp. 387-397
SG: ch. 18 MC 3, 5, 6, 7
SG: ch. 18 practice problem 2
March 31 Foreign Exchange Rates and Short-Run Fluctuations
Mankiw, pp. 397-407; 435-438
SG: ch. 18 MC 8, 9, 10, 13, 14, 15, 17, 18; ch 20 MC 1, 2
April 2 Short-Run Fluctuations in the Macroeconomy
Mankiw, pp. 438-451
SG: ch. 20 MC 3, 4, 5, 7; practice problem 2
April 7 Aggregate Supply and Aggregate Demand in the Long Run
Mankiw, pp. 451-455
SG: ch. 20 MC 6, 8; practice problems 3, 4
April 9 The Full AS-AD Model
Mankiw, pp. 455-468
SG: ch. 20 MC  9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20
April 14 Money and Aggregate Demand
Mankiw, pp. 473-476
SG: ch. 21 MC 1, 3
April 16 Test day -- no new reading

April 21 Test return, then:
Monetary and Fiscal Policy
Mankiw, pp. 476-493
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 23 Short-Run and Long-Run Phillips Curves
Mankiw, pp. 497-521
SG: ch 22 Advanced Critical Thinking Problem
MC 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 18, 20
April 28 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 30 Review and synthesis