ECO 1002: Macro-Economics (MSL)
The Bernard Baruch College, CUNY
Zicklin School of Business
Spring 2026
Instructor: Dr. Rubaiyat Tasnim Office hours: Sat 2:15 - 3:15 p.m.
Sat 11:10 a.m. - 2:05 p.m. Office: B-Vert 10-240B
Lectures: B-Vert 8-150 Email: [Link]@[Link]
Prerequisite
MTH 2001 or MTH 2002T or MTH 2003 or MTH 2000 or MTH 2009 or Pre/Co-requisite: MTH
2610 or MTH 2205 or MTH 2207 or MTH 3010
Course Description
A study of the determinants of aggregate levels of production, employment, and prices. Impact of
government spending, taxation, and monetary policy on the level of unemployment and the rate of
inflation. Emphasis on the institutional framework within which monetary policy operates.
Course Learning Goals
Upon completion, students will
1. Understand the effects of economic policies. Students will be introduced to fiscal and mone-
tary policies. As students gain an understanding of aggregate economic variables, they will
learn how these variables are influenced by government policies and their motive behind doing
so.
2. Understand how economic problems can impact different levels of government (state and
national). Students will learn to compare alternative policies combating economic problems
and its impact on state and national level.
3. Learn how U.S. economy can be affected by global economy. Students will be introduced to
international trade, various barriers to trade such as embargo, tariffs, quotas and the effect
of barriers to trade on the domestic economy as well as on global economy.
4. Obtain an understanding of current national and global economic issues through reading and
discussions of Wall Street Journal articles. Students will learn to communicate their views
effectively and clearly to audience.
5. Learn how to apply basic mathematical tools such as algebra and geometry to answer economic
questions.
Course Website
I will be using three websites for this course:
1. Brightspace: Lecture slides, review materials, this syllabus, announcements, additional
exercises, and grades will be posted on Brightspace.
2. Connect: Problem sets will be posted on Connect. For more information on Connect, see
below.
3. Poll Everywhere: to record attendance and class participation.
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Course Text
The textbook for the course is:
• Karlan and Murdoch, Macroeconomics: Improve Your World, Release: 2025.
Before you purchase the textbook or Connect, read the Connect registration portion.
Connect:
Students are required by the Department to purchase an Electronic Access Key for McGraw-Hill
Connect. This key will include access to an online copy of the textbook and access to weekly
problem sets and extra practice problems. You must have access to the bespoke textbook and to
Connect in order to participate in this course. To register for Connect, go to the following link:
[Link]
This link will take you to the Connect course page specific to this class. You will be asked to
put in your email address. If you already have a Connect account, then it will ask for the password.
If you do not have a Connect account, then it will ask you make a new account. After you make
your account or log in, you will see the following:
1. You can pay for it right away. It will cost $78.13 for the full digital experience. This comes
with the e-book and access to Connect problem sets. This is the least expensive option. I
recommend this option. To choose this option, you must go to the class link for Connect
provided above and then go through the process there. This option is not available through
any other link. If you cannot pay now, you can select 14 days trial period. This way you can
access Connect for the next 14 days and pay later.
If you have any issues with your purchase, the connect software, or anything else relating to the
textbook package, please contact McGraw Hill technical support:
• Technical issues: 800-331-5094
• [Link]
Class Format:
This class follows an in-person format. I will hold lectures in person on Saturdays from 11:10 a.m.
- 2:05 p.m. Attendance is not mandatory. However, class participation is part of course grade and
class participation will be recorded every day using Poll Everywhere. If you miss a class and your
absence was not excused, then you are responsible for finding out what was covered. I will not go
over these during office hours without a valid reason.
Office Hours:
I will hold office hours on Saturdays after class from 2:15 p.m. - 3:15 p.m. in person. If this timing
does not work for you, email me and I will set up an online meeting based on our schedule.
Grading
You will be graded on in-person quizzes, a departmental final examination, Connect problem sets,
and class participation.
1. In-person quizzes (45%):
• There will be three in-person quizzes. Each quiz will have 25 multiple choice questions.
For each of the quiz you are allowed to bring 1 page cheat sheet.
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• Quiz 1: Chapters 2, 3, and 7 on February 28, 2026 in person.
• Quiz 2: Chapters 8, 9, and 10 on March 28, 2026 in person.
• Quiz 3: Chapters 11, 12, and 13 on April 25, 2026 in person.
• I will drop the lowest quiz grade. Highest of the two remaining quizzes count as 25%
and the other one counts as 20% of your final grade.
• There will be NO makeup quiz under any circumstances. If you miss a quiz, then that
quiz gets dropped and your other quiz grades will count towards final class grade.
• Collaborating for answers during the exams is strongly prohibited. Any student found
guilty of doing so will get a grade of 0 for the exam and will be reported to the Dean.
2. Final Examination (30%):
• All students in all sections of ECO 1002 will take a common in-person final on a date
decided by the registrar. Please plan accordingly. If you miss the final exam, you will
have to take the final in December with the Fall semester students. Documented evidence
of serious illness or family emergency is required to be excused from the exam.
• For the final examination, you are allowed to use 1 page cheat sheet.
• Collaborating for answers during the exam is strongly prohibited. Any student found
guilty of doing so will get a grade of 0 for the exam and will be reported to the Dean.
3. Connect Problem sets (20%):
• There will be an online problem set due for each chapter typically on Sundays.
• The problem sets will have set deadlines and there will be no extensions. If you have
difficulty completing any one of the problem sets, you should inform me before the
deadline to ask for an extension. Each student can extend up to 3 online problem sets.
There will not be any extension given after the due date of the problem sets has passed.
• I will drop the lowest problem set score.
4. Attendance:
• Attendance will be taken every class but this is not for grading purposes. This is partly
for registration purposes.
5. Class participation (5%):
• Each class we will do a few practice questions in the beginning of the class covering
previous week’s material (be on time or you will miss out on points for these questions)
and throughout the lecture as well via Poll Everywhere.
• I will send you a link to register for Poll Everywhere to the email that is listed on your
CUNYfirst account. This is free of cost.
• You should be attentive and participating in class discussions. Your contribution to
class discussions in the form of asking questions, answering questions, or responding to
other students all count as class participation. I am not looking for “right” answers, but
mainly your response and engagement. I welcome and encourage questions in lectures
and that it is your responsibility to ask questions if you do not understand something. It
is helpful not only for you, but for all the students in our course. If you have a question
that may be relevant to the whole class, please try and ask during lectures. They can
be helpful to others.
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• If a student is found to be disrespectful to other students (as in talking or distracting
during lectures), the student will have points deducted from their final grade.
• The use of cellphones and laptop is prohibited in class except for taking notes. If your
device sounds during class and you are identified, you will receive a warning on the first
incidence and on the second incidence, points will be deducted from your course grade
and you will be asked to leave the classroom.
• Sleeping during lectures, extensive use of cell phones or keeping your headphones on will
result in points deduction from the final grade.
How to do well in this class?
Attending lectures and keeping up with the material through reading chapters is absolutely nec-
essary to do well in this course. I will assume that you are reading the chapters each week as we
cover the material. Additionally, in class we will solve old exam questions as examples and also as
class participation. Paying attention to these additional material provided will help you succeed
in class. Students who have earned grades in the A range in the past have records of consistently
asking and answering questions in class. Being engaged with the class will help you understand the
material better.
Connect problem sets are also designed to give you practice and applications of the concepts
learned in class. It is important that you do them on your own. This will allow you to assess how
well you understood the material each week. If you struggle with the problem sets, you should email
me and ask for help. I strongly recommend that you engage with the extra material (additional
chapter videos, practice quizzes, examples) on the Connect platform. But please note that they do
not count towards your final grade in this course.
The topics we cover are related. For example, it is crucial to understand chapter 11 to do
well in chapters 12, 13, 14 and so on. And since we meet only once a week, you have to keep up
with the material in order to do well. I strongly advise everyone to not wait for the exam weeks to
start studying. You need to check with yourself to see if you have understood the material every
week. If you are struggling, let me know as soon as possible. I will work with you on understanding
the material.
Letter GPA Grade
A 4.0 93.0-100.0
A- 3.7 90.0-92.9
B+ 3.3 87.1-89.9
Component Weight
B 3.0 83.0-87.0
In-person quizzes 45%
B- 2.7 80.0-82.9
Final 30%
C+ 2.3 77.1-79.9
Problem sets 20%
C 2.0 73.0-77.0
Class participation 5%
C- 1.7 70.0-72.9
D+ 1.3 67.1-69.9
D 1.0 60.0-67.0
F 0.0 below 60.0
Academic Honesty
I fully support Baruch College’s policy on Academic Honesty, which (in part) states:
“Academic dishonesty is unacceptable and will not be tolerated. Cheating, forgery, plagiarism and
collusion in dishonest acts undermine the college’s educational mission and the students’ personal
and intellectual growth. Baruch students are expected to bear individual responsibility for their work,
to learn the rules and definitions that underlie the practice of academic integrity, and to uphold its
ideals. Ignorance of the rules is not an acceptable excuse for disobeying them. Any student who
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attempts to compromise or devalue the academic process will be sanctioned.”
If you are found cheating in the exam or assignments, you will get a grade of zero for that exam or
assignment and a report of suspected academic dishonesty will be sent to the Office of the Dean of
Students.
Additional information and definitions can be found at:
[Link] [Link]
Student with Disabilities & Special Needs
Students with disabilities are supported in their academic studies by Baruch College’s Office of
Services for Students with Disabilities according to their Mission Statement:
The Office of Services for Students with Disabilities exists to provide reasonable accommo-
dations to students with disabilities to ensure they have equal access to the college’s programs
and services. Through student intake, faculty consultation, and outreach to the community,
students can develop interpersonal, social, vocational and emotional growth.
Students who feel that they may need a reasonable accommodation based on a disability should
contact the staff at the Office of Services for Students with Disabilities, Newman Vertical Cam-
pus, Room 2-271, or by phone at (646) 312-4590. More information is available on their website,
[Link]
At Baruch, we acknowledge that as a student, you are balancing many demands.
During the semester, if you start to experience personal difficulties or stressors that
are interferring with your academic performance or day to day functioning, please
consider seeking free and confidential support at the Baruch College Counseling Cen-
ter. For more information or to make an appointment, please visit their website at
[Link] or call 646-312-2155. If it’s out-
side of business hours (Monday-Friday 9-5 pm) and you need immediate response,
please call 1-888-NYC-WELL (888-692-9355). If you are concerned about one of
your classmates, please share that concern by filling out a Campus Intervention Team
form at [Link]
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Course Outline (This is tentative, may change depending on how much we cover
on each day)
Date Topic Chapter
01/31 Specialization & Exchange Ch. 2
02/07 Supply and Demand - with appendix Ch. 3
02/14 Measuring GDP Ch. 7
02/21 Cost of Living Ch. 8
Review for Quiz 1
02/28 Quiz 1 Ch. 2, 3, 7
LECTURE AFTER QUIZ: Cost of Living Ch. 8
03/07 Labor Markets Ch. 9
Economic Growth Ch. 10
03/14 Aggregate Expenditure Ch. 11
03/21 Aggregate Demand and Supply Ch. 12
Review for Quiz 2
03/28 Quiz 2 Ch. 8, 9, 10
LECTURE AFTER QUIZ: Aggregate Demand and Supply Ch. 12
04/04 No Class (Spring Recess)
04/11 Fiscal Policy Ch. 13
The Financial System Ch. 14
04/18 Money and the Monetary System Ch. 15
Review for Quiz 3
04/25 Quiz 3 Ch. 11, 12, 13
LECTURE AFTER QUIZ: Money and the Monetary System Ch. 15
05/02 Inflation Ch. 16
05/09 Financial Crisis Ch. 17
Review for Final
TBD Final Ch. 7-17
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Program Learning Goals: BBA
Analytical Skills Students will possess the analytical and critical thinking skills to evaluate
issues faced in business and professional careers.
Technological Students will possess the necessary technological skills to analyze problems,
Skills develop solutions and convey information.
Communication Students will have the necessary oral communication skills to convey ideas
Skills: Oral and information effectively and persuasively.
Communication Students will have the necessary written communication skills to convey
Skills: Written ideas and information effectively and persuasively.
Civic Awareness Students will have the knowledge base and analytical skill to guide them
and Ethical when faced with ethical dilemmas in business. Students will have an
Decision-making awareness of political, civic and public policy issues affecting business.
Global awareness Students will know how differences in perspectives and cultures affect
business practices around the world.
Proficiency in a Students will possess a deep understanding of and intellectual competence in
Single Discipline at least one business discipline.
Assurance of Learning chart
BBA Learning goals Significant Moderate Minimal Not Part of
Part of Part of Part of Course
Course Course Course
Analytical Skills X
Technological Skills X
Communication Skills: Oral X
Communication Skills: Written X
Civic Awareness and Ethical X
Decision-making
Global Awareness X
Proficiency in a Single Discipline X