Syllabus

NORTH CENTRAL TEXAS COLLEGE

COURSE SYLLABUS

 

Course Title: PRINCIPLES OF MACROECONOMICS

Course Prefix & Number: ECON 2301

Section Number:  407

Semester: 161S

Semester Credit Hours: 3

Lecture Hours: 3

Lab Hours: N/A

Course Description (NCTC Catalog):

An analysis of the economy as a whole including measurement and determination of Aggregate Demand and Aggregate Supply, national income, inflation, and unemployment. Other topics include international trade, economic growth, business cycles, and fiscal policy and monetary policy. 48 lecture hours.          

Course Prerequisite(s): None

Required Materials:

Macroeconomics: Principles, Problems, & Policies (ebook with ConnectPlus with LearnSmart) by McConnell, Brue, & Flynn, McGraw Hill, 20th edition, 9781259278563

   **Students can purchase a loose leaf book directly from McGraw Hill when registering Connect Access

 

INSTRUCTOR INFORMATION

Name of Instructor:

Daniel Hachem

Campus/Office Location:

Ponder High School

Telephone Number:

940-498-6295

E-mail Address:

dhachem@nctc.edu

 

GRADING CRITERIA

Exam 1:                                   20%

Exam 2:                                   20%

Exam 3:                                   20%

Exam 4:                                   20%

Connect Assignments:             20%

Total                                        100%

 

STUDENT LEARNING OUTCOMES

 

At the successful completion of this course the student will be able to:

 

Explain the role of scarcity, specialization, opportunity cost and cost/benefit analysis in

economic decision-making.

 

Identify the determinants of supply and demand; demonstrate the impact of shifts in both market supply and demand curves on equilibrium price and output.

 

Define and measure national income and rates of unemployment and inflation.

 

Identify the phases of the business cycle and the problems caused by cyclical fluctuations in the market economy.

 

Define money and the money supply; describe the process of money creation by the

banking system and the role of the central bank.

 

Construct the aggregate demand and aggregate supply model of the macro economy and use it to illustrate macroeconomic problems and potential monetary and fiscal policy solutions.

 

Explain the mechanics and institutions of international trade and their impact on the

macro economy.

 

ATTENDANCE POLICY

 

Regular and punctual attendance is expected of all students in all classes for which they have registered.  Absence does not relieve the student of the responsibility for making up required work.  Dropping a course is the student's responsibility, but you MAY be dropped for excessive absence.  See Attendance Regulations in the North Central Texas College Catalog.

 

TENTATIVE SCHEDULE

 

 

 

Last day to withdraw from a course with a “W” is November 3.

 

 

DISABILITY SERVICES (OSD)

The Office for Students with Disabilities (OSD) provides accommodations for students who have a documented disability. On the Corinth Campus, go to room 170 or call 940-498-6207. On the Gainesville Campus, go to room 110 or call 940-668-4209.  Students on the Bowie, Graham, Flower Mound, and online campuses should call 940-668-4209.

North Central Texas College is on record as being committed to both the spirit and letter of federal equal opportunity legislation, including the Americans with Disabilities Act (ADA) of 1990, ADA Amendments Act of 2009, and Section 504 of the Rehabilitation Act of 1973 (P.L. 93-112).   http://www.nctc.edu/StudentServices/SupportServices/Disabilityservices.aspx

 

CORE CURRICULUM FOUNDATIONAL COMPONENT AREA______________________________           

 

o         Communication

o         Mathematics              

o         Life and Physical Science

o         Language, Philosophy & Culture

o         Creative Arts

 

o         American History

o         Government/Political Science

X         Social and Behavioral Sciences

o         Component Area Option

 


REQUIRED CORE OBJECTIVES

 

X             Critical Thinking

X            Communication

X            Empirical and Quantitative

 

o           Teamwork

o           Personal Responsibility

X            Social Responsibility

 

COURSE TYPE

o           Academic General Education Course (from ACGM but not in NCTC Core)

x        Academic NCTC Core Curriculum Course

o        WECM Course

 

 

 

 

 

 

STUDENT HANDBOOK

Students are expected to follow all rules and regulations found in the student handbook. http://nctc.smartcatalogiq.com/en/2014-2015/Catalog/North-Central-Texas-College-Student-Handbook

 

 

Name of Chair/Coordinator:

Donna Hooper

Office Location:

Corinth 209

Telephone Number:

940-498-6266

E-mail Address:

dhooper@nctc.edu

Name of Instructional Dean:

Dr. Larry Gilbert

Office Location:

Corinth 305

Telephone Number:

940-498-6216

E-mail Address:

lgilbert@nctc.edu

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

GENERAL DESCRIPTION AND TENTATIVE SCHEDULE

 

 

Week 1: Chapter 1: Limits, Alternatives, and Choices

 

Week 2: Chapter 2: The market System and the Circular Flow and Chapter 3: Demand, Supply and Market Equilibrium

 

Week 3: Chapter 3: Demand, Supply and Market Equilibrium

 

Week 4:  Review for Exam 1 and Exam 1. Connect Assignment Due.

 

Week 5: Chapter 6: An Introduction to Macroeconomics and Chapter 7: Measuring Domestic Output and National Income

 

Week 6: Chapter 8: Economic Growth and the Business Cycle and Chapter 9: Business Cycles, Unemployment and Inflation

 

Week 7: Review for Exam 2 and Exam 2. Connect Assignment Due.

 

Week 8:  Chapter 10: Basic Macroeconomic Relationship and Chapter 11: The Aggregate Expenditures Model

 

Week 9: Chapter 12: Aggregate Demand and Aggregate Supply Model and Chapter 13: Fiscal Policy, Deficits , and Debt

 

Week 10: Review for Exam 3 and Exam 3. Connect Assignment Due.

 

Week 11: Chapter 14: Money, Banking and Financial Institutions and Chapter 15: Money Creation

 

Week 12:  Chapter 16: Interest Rates and Monetary Policy and Chapter 17: Financial Economics

 

Week 13: Chapter 20: International Economics

 

Week 14: Chapter 21: The Balance of Payments, Exchange Rates, and Trade Deficits

 

And Make-Ups

 

Week 15: Review for Exam 4 and Exam 4. Connect Assignment Due.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

There are no Handouts for this set.