Economics 3422
Spring 2012
Professor Francis Ahking
· Required text · Quizzes, Examinations, and Grade · Policies · Learning Tips · Course Description · Course outline and schedule ·
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Economics 3422 Spring 2012 Professor Francis Ahking |
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Contacting Professor Ahking:
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Required Text:
This text is available for purchase from the UConn Co-op. There are several cheaper alternatives. You can purchase this textbook from Amazon.com at a discount from one of Amazon's affiliated sellers. An e-textbook version is also available for 180-day rental from Coursesmart.com with download at half the cost of a new text. Another good source is Barnes and Noble, where you can also rent the textbook. No doubt you must have read or heard about textbook rental companies, since several of them were featured in the news. I do not have any experience with any of them and therefore cannot make a recommendation. I checked several of them, the rental prices are lower but quite close to the e-rental from Coursesmart. The decision is yours.
Student's section of text publisher's site contains multiple choice exercises and graphical exercises for each chapter. Also, it contains a set of Powerpoint notes which are very close to what I use for my lectures.
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| Exercises, online discussions, and participation: |
There will be amble opportunities to participate in class
activities. Here are some examples. They are subjected to
change, however. First, we are going to have both in-class graded and
take-home ungraded exercises. For the take-home ungraded exercises, I will
post the solutions, and will also have students discuss the solutions in
class. Note that there will be no make-up if you happen not to be in
class when there is an in-class exercise. Second, there will be several online discussions (I have planned for four, but that could change). You will find more information about online discussion in Information for Discussion and also available on the HuskyCT for the class. Essentially, I will assign one or several outside readings, both those that are already included in this syllabus and additional ones that I will assign that come from newspapers or other online sources when they become available. These readings tend to be relatively short and I find them to be useful supplements to the lectures. I will pose a few questions about the readings to get the discussion going. Third, you are always welcome, and in fact encouraged, to bring up relevant issues for discussion.
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| Quizzes: |
There will be six quizzes given on
Thursdays over the semester, approximately one every two weeks. Only your
five best quizzes will count toward your final grade.
Quizzes
will consist of multiple choice questions, definitions, and short-answer
questions. I have included sample quizzes on the class's HuskyCT
website (see below).
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| Examinations: |
There will be one midterm and one
final examinations. The midterm and the final examinations will also
consist of multiple choice questions, definitions, short-answer questions,
but will also include longer questions. Again, I have included sample
mid-semester and final examinations on the class's HuskyCT website (see
below).
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Quiz and examination dates:
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| Grading: |
Quizzes: Exercises and discussions: Midterm (Th, 3/8): Final (Th, 5/3, 8:00 - 10:00 a.m.):
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20% 10% 30% 40%
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Your letter grade is determined according to the following.
You numerical average may be adjusted before the letter grade is determined.
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| Sample quizzes, examinations (pdf): |
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| Missed quizzes and examination: |
If you miss one quiz, you will not be
given a makeup. If you miss more than one, you will need to give me a
verifiable reason and makeup will be at my discretion. If you
know you are not going to be here for a quiz or the midterm examination, let me know
ahead of time. Very often, I can make arrangement for you to take the
examination or quiz before the scheduled time. The following is
provided by the Office of Student Services and Advocacy concerning final
examination: "... Students are required to be available for their exam during the stated time. If you have a conflict with this time you must visit the Office of Student Services and Advocacy to discuss the possibility of rescheduling this exam. Please note that vacations, previously purchased tickets or reservations, graduations, social events, misreading the exam schedule and over-sleeping are not viable excuses for missing a final exam. If you think that your situation warrants permission to reschedule, please contact the Office of Student Services and Advocacy with any questions. Thank you in advance for your cooperation."
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Electronic devices:
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The classroom is a learning community.
As such, respect for each other must always be maintained. Certain
behaviors are considered disrespectful while others are considered
disruptive. We will adopt the following community rule of behavior
concerning electronic devices: Cell/Smart phone and/or pager, MP3 players:
Laptop computer, ipad or similar devices:
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| Attendance: |
You are
expected to attend all classes at their scheduled time and be responsible
for all assigned materials.
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| Cheating and plagiarism: | You are, of course, encouraged to discuss your assignments with other students. However, any work that you turn in for grade must represent your own independent work. Anyone who violates this policy will be dealt with according to the Student Code of the University, which may be found on the Division of Student Affairs's website. Pay special attention to Appendix A: Academic Integrity in Undergraduate Education and Research. If you have any questions, check with me. This is the only reminder that you will receive. |
First, read the assigned chapters for a broad understanding. Next, review your class notes for areas of emphasis. There is “Concept Check” throughout each chapter, make sure that you are able to answer the questions before going on. Make very sure that you understand the “Key Terms” at the end of each chapter. Participate in class discussions, ask questions, and utilize my office hours. Before each quiz or examination, review the practice quizzes available from the text publisher's site and/or old quizzes and examinations available from the class’s website.
The pre-requisite for this course is Econ. 2202 – Intermediate Macroeconomics. This course has 10 core chapters (excluding Chapter 1) and is divided into two main topics, and we will be covering only the International Finance portion of the book. After the introductory chapter, Chapter 1, Chapters 19 - 24 cover the foreign exchange markets, and Chapters 25 – 28 cover open-economy macroeconomics. Finally, Chapter 29 covers additional topics on International Finance that we will cover selectively if time permits. The first topic on the foreign exchange markets is concerned with the financial or the monetary side of international economics. We will cover topics such as the foreign exchange market, exchange rate determination, and international capital flows. The second topic on open-economy macroeconomics covers monetary and fiscal policies in an open-economy under the fixed and the flexible exchange rate systems, and policy co-ordination. The materials in this topic section require that you have a solid background in Intermediate Macroeconomics. Class lectures will cover chapters 1, 19-28, and selectively, Chapter 29 of the text. Your active participation is encouraged and vital to your success in the course. This includes doing your reading assignments, participate in class discussions, and keeping informed of current international economics events.
You are responsible for all the reading assignments including those not covered/discussed in class.
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1/17, 1/19: |
Chapters 1 and 19
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1/24, 1/26:
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1/31, 2/2:
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2/7, 2/9:
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2/14, 2/16:
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2/21, 2/23:
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2/28, 3/1:
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3/6:
3/8:
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Spring
Break
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3/20, 3/22:
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3/27, 3/29: |
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4/3, 4/5:
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4/10, 4/12: |
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4/17, 4/19:
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4/24, 4/26 |
Chapters 28, 29 (time permitting)
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