NORTH CENTRAL TEXAS COLLEGE
COURSE SYLLABUS
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Course Title:
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Principles of Macroeconomics
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Course Prefix & Number:
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ECON 2301
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Section Number:
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Semester/the Year 2019
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SPRING/2019
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Semester Credit Hours:
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3
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Lecture Hours:
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3
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Lab Hours:
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0
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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.
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Course Prerequisite(s): None
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McConnell, Brue & Flynn. Principles, Problems & Policies
(ebook with Connect Plus with Learn Smart
1260148769 / 9781260148763
MCCONNELL
GEN COMBO LOOSELEAF MACROECONOMICS; CONNECT ACCESS CARD
21
2018
03/07/2017
1259915689 / 9781259915680
MCCONNELL
Connect Access Card for Macroeconomics
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INSTRUCTOR INFORMATION
Name of Instructor:
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Professor Wanda Fuster
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Campus/Office Location:
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Corinth, TX
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Telephone Number:
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E-mail Address:
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wmartinez-fuster@nctc.edu
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OFFICE HOURS
Monday
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Tuesday
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Wednesday
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Thursday
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Friday
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9:00 am.-9:30 am.
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9:00 am.-9:30 am.
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STUDENT LEARNING OUTCOMES (From Academic Course Guide Manual/Workforce Education Course Manual/NCTC Catalog
At the successful completion of this course the student will be able to:
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Explain the role of scarcity, specialization, opportunity cost, and cost/benefit analysis in economic decision-making.
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Identify the determinants of supply and demand; demonstrate the impact of shifts in both market supply and demand curves on equilibrium price and output.
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Define and measure national income and rates of unemployment and inflation
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Identify the phases of the business cycle and the problems caused by cyclical fluctuations in the market economy.
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Define money and the money supply; describe the process of money creation by the banking system and the role of the central bank.
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Construct the aggregate demand and aggregate supply model of the macroeconomy and use it to illustrate macroeconomic problems and potential monetary and fiscal policy solutions.
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Explain the mechanics and institutions of international trade and their impact on the macroeconomy.
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Define economic growth and identify sources of economic growth.
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GRADING CRITERIA
# of Graded Course Elements
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Graded Course Elements
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Percentage or Point Values
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Test #1
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Chapters 1-5
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100
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Test #2
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Chapters 6-10
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100
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Midterm
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Chapters 11-16
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100
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Final Test
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Chapters 17-21
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100
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COURSE SUBJECT OUTLINE (Major Assignments, Due Dates, and Grading Criteria)
[instructor-specific upload]
ATTENDANCE POLICY
Regular and punctual attendance is expected of all students in all classes for which they have registered. All absences are considered to be unauthorized unless the student is absent due to illness or emergencies as determined by the instructor. It is the student responsibility to provide documentation as to the emergency for approval and judgment by the faculty member. Approved college-sponsored activities are the only absences for which a student should not be held liable and only when provided by a college official ahead of the absence. Valid reasons for absence, however, do not relieve the student of the responsibility for making up required work. Students will not be allowed to make up an examination missed due to absence unless they have reasons acceptable to the instructor. A student who is compelled to be absent when a test is given should petition the instructor, in advance if possible, for permission to postpone the exam. The student will be dropped from a class by the Registrar upon the recommendation of the instructor who feels the student has been justifiably absent or tardy a sufficient number of times to preclude meeting the course’s objectives. Persistent, unjustified absences from classes or laboratories will be considered sufficient cause for College officials to drop a student from the rolls of the College. From Board Policy FC (LOCAL)
Additional Instructor-specific Absence Policy:
Last day to withdraw from a course with a “W” is _______________.
DISABILITY SERVICES (Office for Students with Disabilities)
The Office for Students with Disabilities (OSD) provides support services for students with disabilities, students enrolled in technical areas of study, and students who are classified as special populations (i.e. single parents).
Support services for students with disabilities might include appropriate and reasonable accommodations, or they may be in the form of personal counseling, academic counseling, career counseling, etc. Furthermore, OSD Counselors work with students to encourage self-advocacy and promote empowerment. The Counselors also provides resource information, disability-related information, and adaptive technology for students who qualify.
For support, please contact the counselors at (940) 498-6207 or (940) 668-4321. Alternatively, students may stop by Room 170 in Corinth or Room 110 in Gainesville.
CORE CURRICULUM FOUNDATIONAL COMPONENT AREA (For classes in the Core)_______
o Communication
o Mathematics
o Life and Physical Science
o Language, Philosophy & Culture
o Creative Arts
Government/Political Science
X Social and Behavioral Sciences
o Component Area Option
o American History
REQUIRED CORE OBJECTIVES (For classes in the Core)
X Critical Thinking
X Communication
X Empirical and Quantitative
o Teamwork
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 and published online.
ACADEMIC DISHONESTY
Scholastic dishonesty shall include but is not limited to cheating, plagiarism, academic falsification, intellectual property dishonesty, academic dishonesty facilitation, and collusion. Faculty members may document and bring charges against a student who is engaged in or is suspected to be engaged in academic dishonesty. See Student Handbook, “Student Rights & Responsibilities: Student Conduct ([FLB(LOCAL)]”.
[Instructor-specific Academic Dishonesty Policy:
I’m expecting my student’s honest development and personal efforts to do their best. I’m here to help.
QUESTIONS, CONCERNS, or COMPLAINTS
Name of Chair/Coordinator:
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Crystal R.M. Wright
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Office Location:
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Gainesville Campus, Room 824
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Telephone Number:
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940-668-7731, ext. 4320
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E-mail Address:
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cwright@nctc.edu
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Name of Instructional Dean:
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Dr. Bruce King
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Office Location:
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1525 W. California St., Gainesville, Texas
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Telephone Number:
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940-668-4267
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E-mail Address:
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bking@nctc.edu
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Course Syllabus
WELCOME TO Macroeconomics 2301 Professor Wanda Fuster
ECON 2301. This course will meet:
Room:
Text Book: Macroeconomics 21st. edition, Mc Connell, Brue & Flynn
Important Rules to follow:
Note: Every 45 minutes we will have a break of 5 minutes to use the restroom and drink water, The Instructor reserves the right to change those rules at any time. Also, the instructor can make changes and can add more work to do during this course.
Warnings: Telephones, I Pads and I Phones or other electronic devices are strictly prohibited and not allowed during this class. You can make calls and text messages during the breaks only in the lobby area. The Instructor reserves the right to change those rules at any time.
Expected Behavior: I expect from my students at all times respect between peers and between students and your Instructor, this includes watch your vocabulary, watch your body language and be courteous at all times. Remember this class would be a great opportunity to share and have a lot of Fun!! Be relaxed, enjoy, work diligently and learn the most that you can!!
Quizzes: For the quizzes, I would provide 30 minutes to finish and turn to your instructor.
Tests: For the Mid Term and Final test I would provide 1 hour and a half to finish and turn to your instructor.
Punctuality: Please be advised that the punctuality in my class is a win situation; if you are punctual you have advantages over the ones that are not punctual.
Participation in Class: Is expected, I would like to see a courteous and respectful discussion in class, also I will be asking questions on a Socratic method. If you don't know about the Socratic Method this means about to answer the Professor (Instructor) questions shortly. I do promote the constant participation of every single student to engage in the discussion. Don't be afraid to participate in those intellectual discussions, be prepared and ready to say something meaningful. I won't be allowing any kind of critics or demonstrations of hate between peers. Should be a very soft and nice conversation back and forward between all of us. Enjoy this class it’s an Amazing one!!
Late Assignments: To help a student which can demonstrate that was sick or with transportation or other serious problems or a family situation I can allow to turn late assignments with proof in writing about the problem. But be aware that all of those late assignments have a 10% penalty. Example: 25 total expected points less the 10% penalty would be minus- 2.5 points possible.