Course Title: PRINCIPLES OF MACROECONOMICS (Online)

Course Prefix & Number: ECON 2301

Section Numbers:  311

Semester:  Spring 2017

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:

(1) Macroeconomics: Principles, Problems, & Policies (ebook with ConnectPlus with LearnSmart) by McConnell, Brue, & Flynn, McGraw Hill, 20th edition, ISBN: 9780077660772

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

CONNECT REGISTRATION THROUGH CANVAS:  Students no longer need a course ID# or a separate website to register for Connect. Rather, the Connect website is now linked directly to Canvas, and so students will ONLY be registering for Connect through their student Canvas accounts for this course starting on the first day of class.

CONNECT ACCESS:  The textbook, Learn Smart, and Connect activities are all maintained within the McGraw Hill Connect System. Students need to be enrolled immediately in Connect, which can be purchased at the bookstore, or online directly from McGraw Hill through their student Canvas accounts for this course. Free Temporary access can be used directly from Connect McGraw Hill for 14 days from the first day of class. Students must be enrolled immediately, as multiple assignments are due the first week of class.

CANVAS/CONNECT ACCESS:  All students must have complete access to Canvas for the entire semester. It is the student’s responsibility to have access to the internet at all times, as well as having all needed programs to complete an online course. Students are not to give any other person access to his/her Canvas account. Students can be removed from the online course immediately upon violating this rule. Once a student has given another person access to his/her Canvas account, the credibility of any work completed becomes questionable.

CANVAS WEBSITE:  Students can access Canvas indirectly by going to the NCTC homepage (www.nctc.edu) and clicking on the “Canvas” icon/logo. Or, students can access Canvas directly by going straight to the website for Canvas (https://nctc.instructure.com).

Name of Instructor:

Caroline Gosch

Campus/Office Location:

Gainesville campus, MSS #816

Telephone Number:

(940) 668 - 7731 Ext. 4904

E-mail Address:

cgosch@nctc.edu

# of Graded Course Elements

Graded Course Elements

Percentage or Point Values

27

Assignments (Homework & LearnSmart)

15%

16

Quizzes

15%

5

Exams

70%

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.

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