What This Document Is
This document contains lecture notes from an introductory economics course (ECON 2) at the University of California, Berkeley, taught by Professor George Akerlof. These notes represent a foundational overview of core macroeconomic principles as presented in the Fall 2007 semester. It’s a detailed record of the course’s initial segment, before Professor Maury Obstfeld takes over instruction. The notes are designed to supplement, not replace, required course materials and active class participation.
Why This Document Matters
These notes are particularly valuable for students currently enrolled in, or planning to take, a similar introductory macroeconomics course. They can be used as a study aid to reinforce concepts discussed in lectures, prepare for problem sets and examinations, and gain a deeper understanding of the professor’s approach to the subject matter. Students who benefit from having a written record of lecture material, or those who occasionally miss class, will find these notes especially helpful. Accessing these notes can provide a significant advantage in mastering the course’s foundational material.
Topics Covered
* Course logistics and administrative details (office hours, TA information, section times)
* Initial course organization and grading policies
* Introduction to time series processes in macroeconomics
* Textbook and supplemental reader information
* Emphasis on the instructor’s unique perspective on macroeconomic thought
* Importance of problem sets and their connection to exam content
What This Document Provides
* Detailed information regarding course structure and expectations.
* A record of announcements made during the early weeks of the semester.
* Guidance on obtaining required course materials (textbook and reader).
* Insights into the instructor’s teaching philosophy and approach to macroeconomics.
* References to key resources and support available to students (office hours, website materials).
* A clear outline of assessment components, including midterms, final exams, and problem sets.
