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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