WELCOME TO PURDUE UNIVERSITY NORTH CENTRAL ECONOMICS 252
FALL 2005

PLEASE NOTE THAT THE HOTMAIL E-ADDRESS IS NO LONGER ACTIVE.  TO CONTACT ME PLEASE USE wsirius30@JUNO.COM.

Click here to find the new page for AS THE ECONOMY TURNS.

IMPORTANT NOTE: 
Some of the material shown below was used in the SPRING 2005 class.  The new material, for the class beginning in AUGUST 2005 will be shown in this color (RED?).   It is normally loaded on Sunday evening.
ANY LINKS SHOWN IN RED HAVE ALREADY BEEN UPDATED AND LOADED.

SYLLABUS FOR FALL 2005
QUIZ POLICY GUIDELINES
N01 NOTES FOR WEEK 1 FALL 2005/INTRODUCTION
N02 NOTES FOR WEEK 2 FALL 2005/MARKETS
N03 NOTES FOR WEEK 3 FALL 2005/NUMBERS
N04 NOTES FOR WEEK 4 FALL 2005/BUSINESS CYCLES
SAMPLE EXAM SET WITH ANSWER KEYS

MOST OF THE QUESTIONS FOR THE FIRST EXAM WILL BE TAKEN FROM THE FOLLOWING TWO QUESTION BANKS. THE FIRST, QUESTION BANK 1 , CONCENTRATES ON THE GENERAL TOPICS COVERED IN THE FIRST FEW WEEKS OF CLASS. THE SECOND,   QUESTION BANK 2 , CONTAINS QUESTIONS WITH MORE FOCUS ON MACROECONOMICS.
N05 NOTES FOR WEEK 5 FALL 2005 AD/AS
N06 NOTES FOR WEEK 6 FALL 2005 INTRO C+I+G+X
N07 NOTES FOR WEEK 7 FALL 2005 FISCAL POLICY I
N08 NOTES FOR WEEK 8 FALL 2005 DEBT AND DEFICIT
THE FALL 2005 EXAM DATE IS TUESDAY, OCTOBER 18
A  SET OF WORKSHEETS IS AVAILABLE HERE
N09 NOTES FOR WEEK 9 FALL 2005 BANKING.
N10 NOTES FOR WEEK 10 FALL 2005 THE FED IN ACTION
N11 NOTES FOR WEEK 11 FALL 2005 MONEY MARKETS AND MONETARISM
N12 NOTES FOR WEEK 12 SPRING 2005  SUPPLY SIDE VS PHILLIPS THIS IS AN EXAM WEEK
NOTES FOR WEEK 13 FALL 2005 INTERNATIONAL TRADE
NOTES FOR WEEK 14 FALL 2005: INTERNATIONAL FINANCE
NOTES FOR WEEK 15 FALL 2004: GROWTH
CLICK HERE FOR REVIEW TOPICS FOR THE FINAL EXAM FOR FALL 2004

FINAL EXAMINATION: 1 PM ON DECEMBER 13, 2005


EXAM GUIDELINES
THE QUESTIONS FOR THE EACH EXAM WILL BE MATCHED TO THE TOPICS LISTED ON MY CLASS NOTES FROM (AND INCLUDING) THOSE COVERED IN THE WEEK OF THE PREVIOUS EXAM..  FOR THE THIRD EXAM, THE ESSAY QUESTION WILL RELATE TO EITHER HOW MONEY IS CREATED AS TRANSACTIONS PASS FROM BANK TO BANK OR WILL BE ABOUT THE INTERACTION OF THE BOND MARKET AND THE MONEY MARKET.  IN THE MULTIPLE CHOICE, YOU SHOULD ALSO HAVE A REASONABLE FEEL FOR THE MOST RECENTLY REPORTED NUMBERS FOR INFLATION, UNEMPLOYMENT, AND ECONOMIC GROWTH, THE NAME OF THE CURRENT HEAD OF THE FEDERAL RESERVE, AND A CLEAR UNDERSTANDING OF WHICH TOOLS ARE AVAILABLE, WHICH TOOLS ARE USED, AND HOW THE ACTIVE ONE(S) AFFECT THE MONETARY SYSTEM.  YOU SHOULD ALSO EXPECT AT LEAST A FEW QUESTIONS RELATING TO AGGREGATE ANALYSIS, TO THE PHILLIPS CURVE, AND TO MONETARISM..

THE QUESTIONS FOR THE SECOND EXAM WILL FOCUS ON THE DETERMINATION OF MACROEQUILIBRIUM USING EITHER THE AS/AD MODEL OR ALGEBRA (MY CHOICE), THE DETERMINATION OF GROWTH, UNEMPLOYMENT AND INFLATION LEVELS, AND FISCAL POLICY.  MOST OF THE TOPICS AND QUESTIONS ARE IN
QUESTION BANK 2.  DON'T FORGET THE SAMPLE EXAM SET WITH ANSWER KEYS.

If you would like some practice working on
SUPPLY AND DEMAND questions, click hereI have posted a long list of questions I have used in previous exams and quizzes.


LINK TO PURDUE NORTH CENTRAL