Macroeconomics Course Introduction

1
Macroeconomics Course Introduction

• Discuss Syllabus
• Index Cards
• Grades
• Why Study Econ?
• Thousands, Millions, Billions, Trillions

2
Macroeconomics -- Syllabus

• Contact Information
• Text
• Points Earned Grades
• Attendance
• Late Work It will cost you points
• Miscellaneous Stuff
• My Biography

3
Macroeconomics Grade Example
4
Macroeconomics Why Study Econ?

• 1. The problems and solutions to 97 of the
  worlds issues are
• economic
• 2. Will impact your entire life job/life
  style/well-
• being/taxes/retirement/health
  care/education/etc.
• 3. Econ explains how people, business, and
  governments make
• decisions
• 4. Study of economics will help you to have an
  informed opinion
• 5. This is what I was told I have to do.

5
Macroeconomics Thousands, Millions, Billions,
Trillions
6
For Next Time PowerPoint Macro L3 Capitalism,
the Market Driven Economy

• What is the Macroeconomic Problem?
• What is meant by the term the Market System?
• What social conditions had to be developed before
  a Market System could emerge?
• Who was
• Adam Smith Karl Marx
• Thomas Malthus Thorstein Veblen
• John Stuart Mill John Maynard Keynes