EC 102 : PRINCIPLES of MACROECONOMICS

Boğaziçi University, Department of Economics, Spring 2016

Instructor: Murat YILMAZ

Office: NB 215

Phone: 212 359 7646

Email: muraty@boun.edu.tr

Office hour: By appointment.

Class hours: Section03: Tuesday 13:00-15:00 (EF106), Thursday 13:00-14:00 (NH105)

                      Section06: Tuesday 11:00-13:00 (EF106), Thursday 11:00-12:00 (NH305)

Graduate TA: Ege Aksu egeaksu91@gmail.com   OH: Fridays, 15:00-16:00 (NB207)


Syllabus

IMPORTANT! Exam dates are as follows:

Midterm 1: 15th of March, Tuesday in class

Midterm 2: 3rd of  May, Tuesday in class

Final: 21st of May, Saturday at 10:00

Slides:                                             Problem Sets:

Chapter 1                                        Problem Set 1 (on chapters 1,2 and 3)

Chapter 2                                        Problem Set 1 - Answer Key

Chapter 3                                        Problem Set 2 (on chapters 4 and 6)

Chapter 4                                        Problem Set 2 - Answer Key

Chapter 6                                        Problem Set 3 (on chapters 10 and 11)         

Chapter 10                                      Problem Set 3 - Answer Key

Chapter 11                                      Problem Set 4 (on chapters 12,13 and 15)

Chapter 12                                      Problem Set 4 - Answer Key

Chapter 13                                      Problem Set 5  (on chapters 18 and 19)

Chapter on Crisis                           Problem Set 5 - Answer Key

Chapter 15                                      Problem Set 6  (on chapters 16 and 17)

Chapter 16                                      Problem Set 6 - Answer Key

Chapter 17                                      Problem Set 7  (on chapters 20,21 and 22)

Chapter 18                                      Problem Set 7 - Answer Key

Chapter 19

Chapter 20

Chapter 21

Chapter 22


Midterm 1 Answer Keys:   03A  03B  03C     06A   06B   06C

Midterm 2 Answer Keys:   03A  03B  03C     06A   06B   06C

Final Exam Answer Keys: TypeA   TypeB


Related Readings and Supplemantary Material:

A Critique by Ha-Joon Chang

(This is a chapter on free trade and protectionism from Chang’s book titled ‘23 Things They Don’t Tell You About Capitalism’)


Linestanding Business  

(This interesting example is taken from the book ‘What Money Can't Buy: The Moral Limits of Markets’ by Michael Sandel.)


A recent study on effects of minimum wages


An article on minimum wage from NY Times


State minimum wages in US as of Jan. 2016


Results from a survey on minimum wage laws


The World Bank Data


UN Human Development Index


A Report on Measurement of Economic Performance and Social Progress


A short video on financial crisis of 2008


TUIK website