University of Southern California
University of Southern California
Marshall School of Business
GSBA 544 LA Core A Spring 2014
GSBA 544: The Firm in the National and International Economy
15816R 865 C LA Core A 6:00-7:40 PM or 8:00-9:40 PM Wednesday
Instructor: James P. Cunningham
Email: jpcunnin@marshall.usc.edu
Office: BRI 308
Course Materials:
Text: Miles, Scott and Breedon, Macroeconomics: Understanding the Global Economy (MSB), John Wiley & Sons, 3rd edition, 2012.
Statement on Academic Conduct and Support Systems
Academic Conduct
Plagiarism – presenting someone else’s ideas as your own, either verbatim or recast in your own words – is a serious academic offense with serious consequences. Please familiarize yourself with the discussion of plagiarism in SCampus in Section 11, Behavior Violating University Standards. Other forms of academic dishonesty are equally unacceptable. See additional information in SCampus and university policies on scientific misconduct, .
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Support Systems
A number of USC’s schools provide support for students who need help with scholarly writing. Check with your advisor or program staff to find out more. Students whose primary language is not English should check with the American Language Institute , which sponsors courses and workshops specifically for international graduate students.
The Office of Disability Services and Programs certification for students with disabilities and helps arrange the relevant accommodations. If an officially declared emergency makes travel to campus infeasible, USC Emergency Information provide safety and other updates, including ways in which instruction will be continued by means of blackboard, teleconferencing, and other technology.
Schedule
March 5
National Income Accounts and Other Economic Indicators
Wednesday MSB 1 --What Is Macroeconomics
8:00-9:40 PM MSB 2 --The Language of Macroeconomics:
The National Income Accounts
March 12
Productivity and the Supply of Output
Wednesday MSB 3 -- The Wealth of Nations: The Supply Side
6:00-7:40 PM MSB 4 -- Capital Accumulation and Economic Growth
March 26
Economic Growth I
Wednesday MSB 4 -- Capital Accumulation and Economic Growth (continued)
8:00-9:40 PM MSB 5 -- Total Factor Productivity, Human Capital and Technology
Lucas, “The Industrial Revolution Past and Future,” Federal Reserve Bank
of Minneapolis, The Region, May 2004
April 2 Economic Growth and World Trade: Putting Theory into Practice
Wednesday MSB 6 -- Endogenous Growth and Convergence
6:00-7:40 PM MSB 7 -- Unemployment and the Labor Market
MSB 8 -- International Trade
MSB 9 -- Globalization
April 9 Midterm Exam (50% of grade)
Wednesday Material Covered March 5, 12, 26 and April 2
8:00-9:40 PM
April 16
Business Cycles and Economic Policy
Wednesday MSB 12 -- Money and Prices
6:00-7:40 PM MSB 13 -- Monetary Policy
MSB 17 -- The Banking Sector
April 23 Long Run Fiscal Policy and the Government Budget
Wednesday MSB 14 -- Fiscal Policy and the Role of Government
8:00-9:40 PM MSB 15 -- Stabilization Policy
MSB 18 -- Sovereign Debt and Default
April 30 Exchange Rates and Global Capital Markets
Wednesday MSB 19 -- Exchange Rate Determination: The Real Exchange Rate
6:00-7:40 PM MSB 20 -- Exchange Rate Determination: Nominal Exchange Rates
and Asset Markets
MSB 21 -- Currency Crises and Exchange Rate Systems
May 15
Final Exam (50% of grade)
Thursday Material Covered April 16, 23 30
6:00-10:00 PM If you have a schedule conflict for either the Midterm or Final Exam,
please email Jeanette Christensen
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