Korean Economy

2012, spring

Kijeong Park
2007 Thomson South-Western

Syllabus
1. Korean Economy
The lecture is given on the basis that it will entirely be in English.

Prof. Kim Sei-Wan had lectured this class for seven years. He has stayed the USA since last year. He will come back next semester, and he will continue this class.

2007 Thomson South-Western

Syllabus
2. Time : Wednesday 9:30-12:15(P 153) 3. Class Home Page: Cyber Campus
4. Instructor: Kijeong Park E-mail: kijeong21c@hanmail.net Tel : 02-3277-2770(Department of Economics)

2007 Thomson South-Western

Syllabus
5. Required Texts
Gregory Mankiw, Principles of Economics, Thomson South-Western Publisher; 6th edition

6. Prerequisites:
I will assume that every student has enough knowledge on Principles of Economics

2007 Thomson South-Western

Syllabus
7. Grading
There are 500 points. The breakdown is as follows
Total Number of Attendance Mid-term Exam Final Exam Team Presentation Individual Presentation Credit for good questions 500 Points 50(10%) 100(20%) 100(20%) 100(20%) 100(20%) 50(10%)

2007 Thomson South-Western

Syllabus
8. Class Schedule Part 1 : Microeconomics
week 1 2 3 4 5 6 7 Contents Introduction, Ten Principle of Economics Supply and Demand, Application of Supply and Demand Consumer, Producers, and the Efficiency of Market The Theory of Consumer Choice The Cost of Production, Production and Growth Team Presentation : Application of Korean Economy Mid-term Exam Chapter C1,C2 C4,C5 C7,C8 C21 C13,C25

2007 Thomson South-Western

Syllabus

Part 2 : Macroeconomics
Contents The Data of Macroeconomics(GDP, CPI, Interests, Inflation) Labor Market(Unemployment, Earnings and Discrimination) Capital Market(Financial System, Basic Tools of Finance) Monetary Market(Monetary system, Money and Inflation) Final Thoughts & Debates Individual presentation : Application of Korean Economy (Adding International Trade, Public Sector, Macroeconomic Policy) Final Exam Chapter C23,C24 C28,C19 C26,C27 C29,C30 C36

week 8 9 10 11 12 13-15 16

2007 Thomson South-Western

About Studying
I am a professor of economics at Harvard University 1. Summarize, dont highlight. 2. Test yourself. 3. Practice, practice, practice. 4. Go online. The website is http://mankiw.swlearning.com. 5. Study in groups. 6. Dont forget the real world.

Gregory Mankiw
2007 Thomson South-Western

About You

I am
1. name, 2. ID, 3. major, 4. grade, 5. subjects of economics you studied, 6. Reasons and Needs
2007 Thomson South-Western

Active Learning .. Discussion

1. Who worked to produce your clothes? 2. What things do you consider when buying your clothes ?

2007 Thomson South-Western