Introductory MacroeconomicsLecture 1

Dr. Jennifer P. Wissink©2015 Jennifer P. Wissink, all rights reserved.

August 25, 2015

WELCOME To Econ 1120-Wissink Welcome to (or back to) Ithaca and Cornell.

Welcome to Economics 1120: Introductory Macroeconomics–Lecture 1– COURSE SYNOPSIS: This course will introduce you to the basic tools of macroeconomic theory

necessary to analyze contemporary economic problems and their proposed solutions. In particular, we will analyze aggregate economic activity in relation to the level, stability, and growth of national income. Topics discussed include the determination and effects of unemployment, inflation, balance of payments, deficits, and economic development, and how these may be influenced by monetary, fiscal and other policies. [Note: Economics 1110 is not a prerequisite for Economics 1120. You can even take BOTH at the same time.]

Web address for THIS class: WRITE THIS DOWN

https://courses.cit.cornell.edu/econ1120jpw/

Dated announcements for the class: See our Cornell Blackboard site.

– If you have successfully enrolled in the class & a section via Student Center, then you are automatically enrolled on our Blackboard site.

– If you are currently a "guest" in the class, hoping to get in, then you can access the announcements on Blackboard by going to the site. You will need to search for the site on Blackboard.

» If you are still not in the class, please come down front and see the Head TA right after class.

Our Teaching Team

https://courses.cit.cornell.edu/econ1120jpw/

Carefully read and then re-read the syllabus.

Make note of the dates for the two prelims. – Check all your other exam dates and if you see you will have conflicts, read

the syllabus for your 1120-Wissink options.

Make note of the LAST day of finals and hope for the best.– Our final can be as late as Thursday December 17!– DO NOT purchase tix or make promises until Cornell posts the final exams

schedule.

Decide what form of the textbook you plan to use.

Get your i>clicker or device “app” and register it via the link on our class Blackboard page.

Follow the directions for signing up for our MyEconLab.– wissink09631 is our unique Course ID.– First “officially” graded MEL quiz is already posted.

Read all the FAQs on our Blackboard page.

Things To Do To Get Started

Risk To Avoid

How To Beat Intro Macro Come to the lectures and review your notes against my slides. Stay current in the textbook. Do the MyEconLab stuff for starters. Then really test yourself with the Wissink old traditional problem

sets and Wissink Econ 1120 sample exams.– Do them sincerely. Go for quality over quantity.

Use the course Web pages. Use the entire instructional team!!

– Everyone’s office hours– Everyone’s sections– Learning Strategies Center’s services– Also use the E.T.C. staring in about 10 days

Nip problems in the bud. Practice, practice, practice!!

– Go for active as opposed to passive studying!