Principles of Macroeconomics (ECON-002)

Georgetown University Qatar

Dennis C. McCornac

Spring 2021

This course provides an introduction to macroeconomics. The first part of the course explores how GDP, inflation, unemployment, and other macroeconomic aggregates are measured in practice. The second part develops analytical models of macroeconomic performance and growth in the long run. The third part focuses on short-run (business-cycle) fluctuations and fiscal and monetary policies.


Professor McCornac  Sections 71 and 72

Office:                         0D27


Office Hours:             Available in Zoom conferencing. Please email me if you would like to meet.

                       Refer to the Zoom address in Canvas under Office Hours


Textbook: Krugman & Wells, Macroeconomics, 5th Edition, MacMillan Learning, 2018.

         ISBN: 9781319188122









MW 11:30 am - 12:45 pm

Maha Al Haroon


R 10:40 am - 11:30 am



MW 2:00 pm - 3:15 pm

Farasha Abdul Jaleel 

R 1:20 pm - 2:10 pm


TA Email: Maha Al Haroon     Email:        

         Farasha Abdul Jaleel  Email:


TA Office Hours: TBD


Honor System: Every student has the responsibility to abide by the GUQ Honor System. Review it at Suspected infractions of the Honor System will be referred to the Honor Council. If a student is found in violation, we reserve the right to award a failing grade on the assignment or the course as a whole, in addition to any sanction that the Honor Council and the Dean may apply.


Grading Scale:


Method of Evaluation

Points Possible

Quizzes Five (5) Quizzes - Each worth 6 points)

[Six (6) quizzes will be given – Two (2) announced and Four (4) unannounced - with the lowest grade dropped]


Exam 1: Exam will be held on Thursday, February 11


Exam 2: Exam will be held on Thursday, March 25


Final Examination: TBD


Homework [Six (6) problem sets worth six (6) points each – lowest problem set grade will be dropped]





Exams:          Plan well in advance for the exams: no early or make-up exams will be offered under any circumstances. Two class times will be re-arranged to accommodate the midterms. Extra points on one or more exams may be added at the discretion of the instructor. Extra points will never be offered to an individual student.


Letter Grades: A for above 85%, A- for above 80%, Bs for above 70%, C for above 60%, D for above 50%.


Homework:    Due date/time of homework will be indicated in every assignment. Late homework will not be accepted (do not ask the TAs to violate this rule). The one homework grade will be excused (not counted toward your grade).


Attendance:    Attendance is expected for all lectures and recitation.


Canvas:           The syllabus, problem sets, and other materials will be made available on Georgetown’s Canvas web site, which you access with your NetID and password. 


Use of Cameras During Online Classes:


There is no university policy on camera use in online classes. However, students are strongly encouraged to turn on their computer/device cameras when participating in class. Students are required to understand and abide by the university's policy on virtual learning security which prohibits any student from photographing or videorecording another student's image via Zoom or another online platform, as well as the dissemination of any such photographs or video recordings. Violations are subject to adjudication under the Code of Student Conduct.


Title IX & Non-Discrimination:


As faculty at Georgetown University, we are committed to our responsibilities under Title IX, as well as the University’s non-discrimination policies.  For details of University policies, please refer to the following links: