Dr. Rajeev Dhawan Economic Forecasting Center Robinson College of Business 35 Broad Street, Suite # 200 Atlanta, GA - 30303 Phone: 404-413-7261 Fax:       404-413-7264              Email: rdhawan@gsu.edu EMBA Home Syllabus Schedule Handouts Group Presentation Articles Macro-Model Final Exam Conference Main Page	SCHEDULE MICROECONOMICS LECTURE 1 (Friday, Jan. 4th, 2008. From 8:00 A.M. to 12:15 P.M.) Topic: Basics of Economics & Elasticity · 10 Principles of economics (Ch.1) · Review the concepts of fixed cost and opportunity cost (Ch. 1) · Demand and Supply (Ch. 4) . Concept of elasticity and their applications (Ch. 5) Readings: Chapters: 1, 4, 5 and articles for the week Download Lecture 1 new & updated! LECTURE 2 (Saturday, Jan. 5^th, 2008. From 8:00 A.M. to 12:15 P.M.) Topic: Control on prices, Production & Profits · Controls on prices (Ch. 6) · Production functions & productivity (Ch. 2) . Measurement of costs & profits (Ch. 13 & 14) · Applications to the Airline Industry with special emphasis on 9/11 (lecture notes) Readings: Chapters: 2, 6, 13 & 14 and articles for the week Download Lecture 2 new & updated! MACROECONOMICS   LECTURE 3 (Friday, Jan. 18^th, 2008. From 1:15 P.M. to 5:30 P.M.) >> Quiz #1: First 30 mins of Class (Based on Lecture 1&2: Microeconomic Topics) Topic: Basics of Macroeconomics – I · Definition of GDP and basics of NIPA accounting (Ch. 23) · Measurement of Business Cycles (lecture notes) · How / where to get data and what does it means (lecture notes) · Consumer price index & inflation (Ch. 24) Readings: Chapters: 23, 24 and articles for the week Download Lecture 3 new & updated! LECTURE 4 (Saturday, Jan. 19, 2008. From 1:15 P.M. to 5:30 P.M.) >> Distribution of Final Exam << Topic: Basics of Macroeconomics – II & Economic Forecasting I · Savings, Investment & Deficits (Ch. 26) · Modern labor market behavior and movement of labor (Ch. 28 & Lecture notes) · Monetary System: meaning of money, Alan Greenspan, Money Multiplier (Ch. 29) · Money, Growth and Inflation (Ch. 30) . Basics principles of forecasting: What is it and why we need it . Develop and analyze the basic model’s behavioral sectors . Macroeconomic Model – Demo · About · Instructions to use · Exercises Readings: Chapters: 26, 28, 29, 30 and articles for this week & Guides to Macroeconomic Model (mimeo) and articles for the week Download Lecture 4 new & updated! LECTURE 5 (Friday, Feb. 1, 2008. From 8:00 A.M. to 12:15 P.M.) >> Quiz #2: First 30 mins of Class (Based on lectures 3&4: Basics of Macroeconomics & Economic Forecasting Principles) Topic: Economic Forecasting II · Macroeconomic Model – Exercises . Policy Experiments Ø Inflation Policy         Ø Fiscal-Stimulus Policy         Ø Neutral-Budget         Ø Stop and Go Experiment . Additional Simulation exercises . Group Exercises using the macroeconomic model . Limitations related to used of model Readings: Guide to Macroeconomic Model (mimeo) and articles for the week Download Lecture 5 LECTURE 6 (Saturday, Feb. 2, 2008. From 1;15 P.M. to 5:30 P.M.) >> Group presentations in class << 20 mins group presentation, followed by 7 mins Q&A Friday, Feb. 15, 2008(From 1:15 P.M. to 5:30 P.M.) >> Final Take – Home Exam Due << FIELD TRIP (Wednesday, February 27, 2008) Robinson Economic Forecasting Center’s Quarterly Conference* Location: GSU Student Center Auditorium Time: 8:00 am–12:00 pm For more information and directions, please visit: http://robinson.gsu.edu/efc/conferences/index.html ____________________________ * Prior arrangements must be made if you cannot attend the conference. Please see the Graduate Research Assistant or me as early as possible if you cannot attend. .