Macroeconomic (ECO121)
Vietnamese title: Kinh tế vĩ mô
Credits: 3
Prerequisites: ECO111

Description:
Economics is the study of how society manages its scarce resources. Economics has been divided into the subcategories of microeconomics and macroeconomics. While microeconomics focuses on the behavior of individual economic agents, this course - macroeconomics - studies how economists measure macroeconomic variables and covers topics such as determination of national output, economic growth, unemployment, inflation, interest rates, and exchange rates. Macroeconomics also discusses and assesses the effectiveness of monetary and fiscal policies under different scenarios.

Learning outcomes:
Discuss the theory of supply and demand
Recognize the influences of market equilibrium and disequilibrium
Describe the theory of supply and demand in real-life scenarios
Identify the tools and strategies to understand supply and demand applications
Apply CPI and GDP to prices and unemployment
Review the influences of aggregate demand and aggregate supply
Shows self-reliance when working independently and collaboratively
Demonstrate ethical awareness and reflection in business context

Student tasks:
+ Class attendance is strongly encouraged. Attend at least 80% of class hours in order to be accepted to the final examination
+ Read textbooks and other materials in advance before the class
+ Actively participate in class activities
+ Complete all homework assignments and other tasks given by the instructor
+ Use personal laptop in class only for learning purposes
+ Don’t have private conversations or arrive at class late, which can disrupt the learning environment of the class

Tools:

Materials:
description: Principles of Economics (International Edition)
author: Mankiw, N. G.
publisher: South-Western CENGAGE Learning
published_date: 2012
edition: 6th
isbn: 978-0-538-45342-4
description: For instructors: CD with solutions, PPT, Test Bank
description: Principles of Economics (International Edition)
author: Mankiw, N. G.
publisher: South-Western CENGAGE Learning
published_date: 2018
edition: 8th
isbn: ISBN13 978-1-305-58512-6
description: Principles of Microeconomics (International Edition)
author: Mankiw, N. G.
publisher: South-Western Cengage Learning
published_date: 2009
edition: 5th
note: https://openlibrary.org/books/OL23174415M/Principles_of_microeconomics
description: AE Principles of Economics
author: N. Gregory Mankiw
publisher: Cengage
published_date: 2020
edition: 9th
isbn: ISBN-13: 9789814915342 | ISBN-10: 9814915343
note: Chọn một trong 3 quyển. Nếu mua ưu tiên mua version mới nhất

Assessments:
category: Class Participation
type: on-going
weight: 10.0
question_type: LO7,LO8
category: Group Assignment (01)
type: on-going
weight: 30.0
duration: 15' for each group presentation and 10' for Q&A
question_type: LO1, LO2, LO3, LO4, LO5, LO6, LO7, LO8
no_question: Option 1: Students will be divided into 4-6 groups in the first session. Students could join some in-class activities as members of those groups. Each group will be assigned one topic, or will choose one topic subject to the instructor's approval, which is related to current economic issues in the real world. Students need to apply all comprehensive knowledge of macroeconomics to explain and analyze those issues. Option 2 (For Constructivism Approach only): Follow lecturer's proposal
knowledge_and_skill: Option 1: One topic related to real current economic problems for each group Option 2 (For Constructivism Approach only): Follow lecturer's proposal
grading_guide: Option 1: This group presentation will test critical thinking and skills of applying microeconomic theory to explain and predict the economic phenomena in the real world.Option 2 (For Constructivism Approach only): Follow lecturer's proposal
note: Option 1: Preparation at home and group presentation in class room
Option 2 (For Constructivism Approach only): Follow lecturer's proposal
category: Individual Assignments (02)
type: on-going
weight: 20.0
question_type: LO2, LO3, LO4, LO7, LO8
no_question: Option 1: Written homework in forms of computation exercises and open problems. Option 2: Questions or Activities proposed by lecturer
knowledge_and_skill: Option 1: not detailledOption 2 (For Constructivism Approach only): Follow lecturer's proposal
grading_guide: Option 1: Coverage of Individual Assignment 1 is chapters 23, 24, 28, 25, 26 and 29. Coverage of Individual Assignment 2 is chapters 30, 3, 31, 32, 33, and 34. Specific content of each individual assignment is subject to the instructor's decisions. Questions can either be theoretical analysis, computational exercises, or case analysis.Option 2 (For Constructivism Approach only): Follow lecturer's proposal
note: Option 1: Do at home and due according to deadlines
Option 2 (For Constructivism Approach only): Follow lecturer's proposal
category: Quizzes (02)
type: on-going
weight: 10.0
duration: 15' each
question_type: LO1, LO2
no_question: Option 1: Multiple choice questions
Option 2 (For Constructivism Approach only): Follow lecturer's proposal
knowledge_and_skill: Option 1: 15 Questions.
Option 2 (For Constructivism Approach only): Follow lecturer's proposal
grading_guide: Option 1: Quizzes will test for knowledge of subjects in the relevant chapters assigned for quiz days. Coverage of Quiz 1 is chapters 23, 24, 28, and 25. Coverage of Quiz 2 is chapters 26, 29, 30, and 3.
Option 2 (For Constructivism Approach only): Follow lecturer's proposal
note: Option 1: Class room
Option 2 (For Constructivism Approach only): Follow lecturer's proposal
category: Final Exam
type: Final exam
weight: 30.0
duration: 60'
question_type: LO1, LO2, LO3, LO4, LO5, LO6
no_question: Multiple choice questions
knowledge_and_skill: 50 multiple choice questions
note: Exam room

Schedule:
session: -Course Overview
-Introduction to AI Integration into the Course
-Handout of Individual Assignment 1 (Chapters 23, 24, 28, 25, 26, 29)
Chapter 23: Measuring A Nation's Income
learning_outcomes: IT
materials: ECOchap1-8
session: Course Introduction
Handout of Individual Assignment 1 (Chapters 23, 24, 28, 25)
Chapter 23: Measuring A Nation's Income
learning_outcomes: IT
materials: ECOchap9-16
session: Group Formation
Group Assignment Guidelines
Chapter 23: Measuring A Nation's Income
[Practice: 1 period(s)]
learning_outcomes: T
U
materials: ECOchap17-24
session: Group Formation
Group Assignment Guidelines
Chapter 23: Measuring A Nation's Income
[Practice: 1 period(s)]
learning_outcomes: T
U
materials: ECOchap25-32
session: Chapter 24: Measuring The Cost of Living
learning_outcomes: I
T
materials: ECOchap33-36
session: Chapter 24: Measuring The Cost of Living
learning_outcomes: I
T
session: Chapter 24: Measuring The Cost of Living
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Chapter 24: Measuring The Cost of Living
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Chapter 28: Unemployment
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Chapter 28: Unemployment
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Chapter 25: Production and Growth
learning_outcomes: I
T
session: Chapter 25: Production and Growth
learning_outcomes: I
T
session: Group Topic Discussion
Chapter 25: Production and Growth
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Group Topic Discussion
Chapter 25: Production and Growth
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Progress Review & Practice
[Practice: 2 period(s)]
learning_outcomes: U
session: Progress Review & Practice
[Practice: 2 period(s)]
learning_outcomes: U
session: Chapter 26: Saving, Investment, and The Financial System
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Chapter 26: Saving, Investment, and The Financial System
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Chapter 26: Saving, Investment, and The Financial System
[Practice: 1 period(s)]
learning_outcomes: TU
session: Chapter 26: Saving, Investment, and The Financial System
[Practice: 1 period(s)]
learning_outcomes: TU
session: Quiz 1 (Chapters 23, 24, 28, 25) - Chapter 29: The Monetary System
[Practice: 1 period(s)]
learning_outcomes: ITU
session: Chapter 29: The Monetary System
[Practice: 1 period(s)]
learning_outcomes: ITU
session: Chapter 29: The Monetary System
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Submission of Individual Assignment 1
Handout of Individual Assignment 2 (Chapters 30, 3, 31, 32, 33, 34)
Chapter 29: The Monetary System
[Practice: 1 period(s)]
learning_outcomes: TU
session: Review Individual Assignment 1
Group Topic Finalization
Chapter 30: Money Growth and Inflation
learning_outcomes: IT
session: Group Topic Finalization
Chapter 30: Money Growth and Inflation
learning_outcomes: I
T
session: Chapter 30: Money Growth and Inflation
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Chapter 30: Money Growth and Inflation
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Chapter 3: Interdependence and the Gains from Trade
learning_outcomes: I
T
session: Chapter 3: Interdependence and the Gains from Trade
learning_outcomes: I
T
session: Chapter 3: Interdependence and the Gains from Trade
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Chapter 3: Interdependence and the Gains from Trade
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Chapter 31: Open-Economy Macroeconomics: Basic Concepts
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Chapter 31: Open-Economy Macroeconomics: Basic Concepts
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Chapter 31: Open-Economy Macroeconomics: Basic Concepts
[Practice: 1 period(s)]
learning_outcomes: TU
session: Chapter 31: Open-Economy Macroeconomics: Basic Concepts
[Practice: 1 period(s)]
learning_outcomes: TU
session: Chapter 32: A Macroeconomic Theory of the Open Economy
[Practice: 1 period(s)]
learning_outcomes: TU
session: Chapter 32: A Macroeconomic Theory of the Open Economy
[Practice: 1 period(s)]
learning_outcomes: TU
session: Quiz 2 (Chapters 26, 29, 30, 3) Chapter 32: A Macroeconomic Theory of the Open Economy
[Practice: 1 period(s)]
learning_outcomes: TU
session: Chapter 32: A Macroeconomic Theory of the Open Economy
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Chapter 32: A Macroeconomic Theory of the Open Economy
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Chapter 32: A Macroeconomic Theory of the Open Economy
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Chapter 33: Aggregate Demand and Aggregate Supply
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Chapter 33: Aggregate Demand and Aggregate Supply
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Chapter 33: Aggregate Demand and Aggregate Supply
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Chapter 33: Aggregate Demand and Aggregate Supply
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Chapter 33: Aggregate Demand and Aggregate Supply
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Chapter 33: Aggregate Demand and Aggregate Supply
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Chapter 34: The Influence of Monetary and Fiscal Policy on Aggregate Demand
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Chapter 34: The Influence of Monetary and Fiscal Policy on Aggregate Demand
[Practice: 1 period(s)]
learning_outcomes: T
U
session: Submission of Individual Assignment 2
Chapter 34: The Influence of Monetary and Fiscal Policy on Aggregate Demand
[Practice: 1 period(s)]
learning_outcomes: TU
session: Chapter 34: The Influence of Monetary and Fiscal Policy on Aggregate Demand
[Practice: 1 period(s)]
learning_outcomes: TU
session: Review of Individual Assignment 2
Submission of Group Assignment
Course Review & Practice
[Practice: 2 period(s)]
learning_outcomes: U
session: Review of Individual Assignment 2
Submission of Group Assignment
Course Review & Practice
[Practice: 2 period(s)]
learning_outcomes: U
session: Course Review & Practice
[Practice: 2 period(s)]
learning_outcomes: U
session: Course Review & Practice
[Practice: 2 period(s)]
learning_outcomes: U
session: Presentation of Group Assignment
[Practice: 2 period(s)]
learning_outcomes: U
session: Presentation of Group Assignment
[Practice: 2 period(s)]
learning_outcomes: U
session: Presentation of Group Assignment
[Practice: 2 period(s)]
learning_outcomes: U
session: Presentation of Group Assignment
[Practice: 2 period(s)]
learning_outcomes: U