Class Attendance: Class attendance is strongly recommended. Students registered for the course who do not regularly come to class may receive a grade of ND. However, I do not take attendance in a regular basis and the grades are granted based on exams.

Policy on missed exam: The dates of the midterm and final exams are fixed. Students who experience a serious medical condition that requires immediate attention from a physician, or an emergency that prevents them from taking the exam may be excused. However, students must contact the instructor before the exam and must verify their condition by official documents. No exceptions will be made for job interviews, holiday travel, or other non-academic activities. When a student is properly excused from an exam, no make-up exam will be offered. Instead, his or her course grade will be adjusted based on other exams and homeworks.

Policy on Regrading: If, after reviewing the exam answers, a student feels that there is a grading mistake on his or her exam, that student can submit a re-grade request. The student must submit a written discussion within one week from the time at which the exams are handed back. When regrade request is accepted, the entire exam will be regraded, which could lower the score as well.

Academic Dishonesty: Cheating hurts our community by undermining academic integrity, creating mistrust and fostering unfair competition. The university will punish cheaters with failure on an

assignment, failure in a course, permanent transcript notation and/or expulsion. Violations can include cheating on exams, plagiarism, reuse of assignments without permission, improper use of the Internet and electronic devices, unauthorized collaboration, alteration of graded assignments, forgery, falsification and lying.

TBD

Evaluation:

• Homework (3): 15 percent


• Midterm 1: 25 percent


• Midterm 2: 25 percent


• Final exam: 35 percent

Homework: I will assign 3 homeworks during the semester. Late homeworks will not be accepted. The tentative schedule of homework is as follows: 1st Homework: (3/11, due 3/25), 2nd Homework: (4/22, due 5/6), 3rd homework (5/13, due 6/3)

Exam Times:           

• Midterm 1: Wednesday April 1, in class time.


• Midterm 2: Wednesday, May 13, in class time.


• Final: Wednesday, June 17, in class time

The main textbook is

• “Advanced macroeconomics (4th Edition or after)” by David Romer.

Some of the material follows

• “Dynamic Economics: Quantitative Methods and Applications” by Jerome Adda and Russell W. Cooper


• “Monetary Policy, Inflation, and the Business Cycle” by Jordi Gali

“Structural Vector Autoregressive Analysis” by Lutz Kilian and Helmut Lütkepohl