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Course Title:
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Principles of Macroeconomics
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Course Prefix & Number:
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ECON2301
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Section Number: 323
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Semester/Year: Summer 2019
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Semester Credit Hours:
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3
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Lecture Hours: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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Required Course Materials:
Registration in the course gives you access to the e-book needed for ECON2301. You do not
need to purchase a separate textbook.
Inclusive Access is a partnership between NCTC and McGraw-Hill Education, to provide the best
learning resources on the first day of class. Students can gain access to McGraw-Hill’s adaptive
online platforms with the latest version of the eBook at a discount. If students would like to
purchase a physical copy of the textbook, they can order a discounted loose-leaf version
through the bookstore.
Students who drop before the add/drop date will have their book fees credited back to their
student account, and students who remain in the course will be charged a materials fee by the
school to have continued access of the online platforms. If you remain enrolled in the course
but wish to opt-out of access to the book please email the NCTC Bookstore with your name and
student number to 1263mgr@follett.com.
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INSTRUCTOR INFORMATION
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Name of Instructor:
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Yvonne Kirshey
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Campus/Office Location:
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Corinth 313
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Telephone Number:
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940-498-6282 ext 6537 - not checked during the summer
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E-mail Address:
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ykirshey@nctc.edu - please use Canvas
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Teaching Schedule:
Summer 3
June 10th to Aug 15th - ECON 2301.330
Summer 2
July 15th to Aug 15th - ECON 2301.323
I will answer emails within 24 hours except on weekends and Holidays.
STUDENT LEARNING OUTCOMES (From Academic Course Guide Manual/Workforce Education Course Manual/NCTC Catalog
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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 macro economy 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 macro economy.
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Define economic growth and identify sources of economic growth.
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COURSE SUBJECT OUTLINE (Major Assignments, Due Dates, and Grading Criteria)
See Canvas for all important dates – the Calendar tool is especially useful for planning purposes. Be careful with discussion boards that have 2 due dates, however only the second (final) one shows up. In the name of the discussion board is the due date for the initial post. Only the initial post is used for grading all items on the rubric except the reply posts.
Due dates: Instructor reserves the right to change.
July 15th - Canvas Quiz, Intro Quiz - both on Canvas
16 - Math Practice Assignment through Connect (see videos in intro if you get stuck while registering) and Discussion Board #1 (BD#1), introduce yourself and say hi to at least 2 people. Discussion boards are in Canvas.
17 - Learnsmart from Chapter 1 (LS1), Homework from Chapter 1 (HW1), Quiz 3
18 - LS 2, HW 2 , Q2
19 - LS 3, HW 3, Q3
Week 2:
7/22 - DB #2, 7/23 - Exam 1, (review provided in the modules)7/24 - LS 4, HW 4,helpful slides in the module Q4, 7/25 - LS7, HW 7, Q 7, 7/26 - LS 8, HW 8, Q 8 (PLEASE NOTE: If you don't want to do an assignment on a Friday, each module's assignments open at the same time so do it earlier)
Week 3:
7/28 SUNDAY - Econ Selfie , 7/29 - LS 9, HW 9, Q 9, 7/30 DB #3, 7/31 - EXAM 2, 8/1 - LS 10, HW 10, Q 10, 8/2 - LS 12, HW 12, Q 12
Week 4:
8/5 - LS 13, HW 13, Q 13, 8/6 - DB #4, 8/7 - EXAM 3, 8/8 LS 14, HW 14, Q 14, 8/9 - LS 15, HW 15, Q 15
Week 5:
8/12 - LS 16, HW 16, Pop Project, 8/13 - LS 20, HW 20, DB # 5, 8/14 - DB #6, Assessment Quiz, 8/15 - FINAL
A = 89.5% + B = 79.5% to 89.49% C= 69.5% to 79.49% D= 59.5% to 69.49% F= below 59.5%
No other rounding or grade adjustments
GRADING CRITERIA
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# of Graded Course Elements
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Graded Course Elements
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Percentage or Point Values
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13 of 14
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Learnsmart/HW/Quiz
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10/20/15
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14
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Discussion boards
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10
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3 of 4
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Exams
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40
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1
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Project
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5
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I do not accept late work. I do not make calendar adjustments for individual students. In the case of a technology issue with our third parties or inclement weather, adjustments will be made for the entire class. Due dates are strictly enforced. No make-up work is offered or accepted. No assignments will be opened early, no exceptions.
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 judgement 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. Student will be dropped from a class by the Registrar upon 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: Don’t miss class, your attendance goes into your class participation grade.
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Last day to withdraw from a course with a “W” is __Aug 3rd_____________.
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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)]”.
Academic Dishonesty will not be tolerated in this course. You are not to give any person (which includes parents, spouses, friends, etc) access to your Canvas account at any time during the semester. If you do, you are putting the integrity of the course work completed in question. Do not ask someone to email me on your behalf in Canvas. If you have an emergency and cannot contact me yourself, it is best to have an alternative person contact me on my office phone 972-841-9438 or my NCTC email address:_ykirshey@nctc.edu. Again, do not give anyone access to your Canvas account. Any student who cheats on any course material (exams, assignment, assessment tests, projects) will immediately fail the course and academic dishonesty papers will be filed with the Dean and VP of Instruction.
QUESTIONS, CONCERNS, or COMPLAINTS
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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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