NORTH CENTRAL TEXAS COLLEGE

COURSE SYLLABUS

 

 

 

Course Title: PRINCIPLES OF MACROECONOMICS (TR)

11:00 am-12:20 am-Fall 19 A 16-Week Course  

Course Prefix &Number: ECON 2301

Section Number: 504

Semester: Fall 2019 (Aug. 26-Dec. 14)

Semester Credit Hours: 3

Lecture Hours: 3

FLM  RM203

Lab Hours: Simulation Portfolio Project Analysis AND Course Tutoring Sessions: 6:00 pm-8:00 pm-RM 202 (TR)

Course Description (NCTC Catalog):

An analysis of the economy including measurement and determination of Aggregate Demand and Aggregate Supply, national income, inflation,

and unemployment. Other topics include international trade, economic growth, business cycles, fiscal policy, and monetary policy.

Course Prerequisite(s): None

Required Materials:

Macroeconomics: Principles, Problems, & Policies (eBook with ConnectPlus with LearnSmart) by McConnell, Brue, & Flynn, McGraw Hill, 21st edition, ISBN 9781259915640

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

Supporting Materials

Low-function (11 Functions or less) calculator and Graph Sheets for use during class sessions and exams: This is Pivotal!

 

INSTRUCTOR INFORMATION

Name of Instructor:

Moses Omane-Boateng

 

Campus/Office Location:

Econ & Govt. Dept.: Corinth (RM 313) Flower Mound (RM 107)

FLM Library/R202 For Office Hrs. And Tutoring Sessions 6:00 pm-8:00 pm (TR)

 

Telephone Number:

Corinth: 940-498-6295 Ext. 6256

 

E-mail Address:

Momane-boateng@nctc.edu/ kwadwo@yahoo.com

 

 

 

 

 

 

 

 

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.

 

GRADING CRITERIA

# of Graded Course Elements

Graded Course Elements

Percentage or Point Values

3

Three Exams: 100 Points Each

300 Points

3

Three Pre-Exam Quizzes: 33, 33, & 34 Points

100 Points

10

 

 

Selected End of Chapters Questions Assignments: Please Identify the Discussion, Review, and Problems Questions Carefully

100 Points

4 PHASES

 

 

 

 

Investment Portfolio SIMULATION PROJECT:

Phase 1-Portfolio Inception Report 25 points

Phase 2-Final Portfolio Performance Report 60 points

Phase 3-Presentations 5 Points

Phase 4-A Local Bank Trip Day- Money Market and Savings Accounts Rates Research 10 Points

Connect Learn-Smart Pre/Post Chapters Presentations Practice Assignments

Readiness Quizzes (90)  plus An Internet Search: Economic Indicators Article Summary Assignment (10)

Canvas Computed Attendance Grade

100 Points

 

 

 

 

 

100 Points

100 Points

 

100 Points

Course Expected Aggregate Points is 900

 

   NOTE: THANKSGIVING HOLIDAYS-NOVEMBER 27-30-Best Wishes

 

 

GRADING POLICY AND PROCEDURES

 

 

 

TOTAL POINTS EARNED MEASURED BY PERCENTILE LEVELS ARE:

100-90=A, 89-80=B, 79-70=C, 69-60=D, 59-0=F

NOTE THE FOLLOWING GUIDELINES CAREFULLY

Students will make corrections on homework assignments Chapters 1-7 for extra credit to reinforce the chapter’s fundamental power points presentations CONCEPTS.

·         Late and Missing assignments will be subject to a 10-point Penalty deduction-After The One Day (1) Grace Period

·         You have One (1) Day Grace Period to Complete All Late and Missing Assignments. Please, Tardiness is Unacceptable

·         Please Don’t Submit your assignments per the web-site/Internet.

·        All Assignments MUST Be Typed and submitted in class

Make-Ups

Rare instances are make-ups given. If you know in advance you will be absent on a test date, you may make a special arrangement with your professor for the Make-Up Quizzes/Exams. All Make-Up Exams Without Prior Permission, Are Subject To The Department Chair’s Endorsement Or A Physician’s Official Note. Arrange With Your Professor For Readiness Make-Up Quizzes.

 

 

TENTATIVE COURSE SCHEDULE

 

TEST 1:Oct. 3.

·         Limits Alternatives and Choices-Chapter 1: Review Questions: p. 19: Q. 1 and Problems p. 20 Q. 5.  Plus Sept. 5

APPENDIX: Using Graphs and Their Meaning: Problems: p. 26: Q. 3.  Due: Sept. 5

·         Market System and Circular Flow-Chapter 2: p. 44- Discussion Q. 1-Write A Comparative One Page Summary on the Capitalist and

Command Market Systems & on p. 45-Work on Review Q. 2- Due: Sept. 10

·         Price, Quantity, and Efficiency: Demand, Supply and Market Equilibrium-Chapter 3: p. 57:With the Graph Sheets, Plot The data,

Develop the Graph, and Practice Figure 3.6. And Also Complete the Quiz Below The Graph. On p. 68, Solve Problem Q. 7A, 7B, AND 7C.

Due: Sept. 17

·         Complete Learn Smart Post Presentation Chapters 1, 2, 3-Due: Sept. 26

Pre-Exam Quiz#1-Due: Sept. 24.

Readiness Quiz 1-Sept. 5; Quiz 2- Sept. 10; Quiz 3-Sept. 17

 

PORTFOLIO SIMULATION PROJECT UNITS DUE DATES

Unit 1-Portfolio Inception Due: Sept. 10

Unit 2-`Money, Banks, and the Federal Reserve System-Chapter 14 and Bank Trip Research Collaboration Day Due: Nov. 19

Unit 2-Portfolio Performance Final Report -SUBMISSIONS, PRESENTATIONS AND FIRST VERICITE DROP BOX UPLOD- Nov. 21

Unit 3-Presentations CONTINUATION-Nov. 26.

Unit 4-Portfolio Corrections Report and FINAL VERICITE UPLOAD-Due. Nov. 26

 

 

TEST 2: Nov. 5-Learning Outcomes

·         Market Failures: Public Goods and Externalities-Chapter 4: p. 96: Discussion Q. 2 and p. 96: Review Q. 2.  Due: Oct. 8

·         Government Role and Government Failure-Chapter 5: p. 114, Solve Review Questions Q. 4 & 5. In Page115, read and Write A half  Page

Summary of Public Choice Theory Due: Oct. 15

·         GDP, Growth, and Instability: An Introduction to Macroeconomics-Chapter 6: p. 136. Problem Q. 3.  Due: Oct. 22

·         GDP, Growth, and Instability: Measuring Domestic Output and National Income-Chapter 7: p. 147: Use Graph Sheets To Develop The Table

Categories, The Structure, and Carefully Practice Table 7. 5. Also Work on p. 157 Problems Q. 5 &

Q. 7 Due: Oct. 24- Note: These are Final Exam Preview Questions.

Pre-Exam Quiz # 2-Oct. 29

·         Complete Learn Smart Post Presentation Chapters 4, 5, 6, & 7 Due: Oct. 29

Readiness Quizzes: Q. 4-Oct. 8; Q. 5- Oct. 22, Q. 6-Oct. 31

 

Final Exams-According To The College Calendar-Learning Outcomes

·         GDP, Growth, and Instability: Economic Growth-Chapter 8: p. 178: Review Q. 1 & Problem Q. 1 & 2. Due: Nov. 12

·         GDP, Growth, and Instability: Business Cycles-Chapter 9: p. 198: Discussion Q. 1 & 8. Due: Nov. 19.

·         Money, Banks, and the Federal Reserve System-Chapter 14 and Bank Trip Research Collaboration Day Due: Nov. 19

·         Economic Models and Fiscal Policy: Basic Macroeconomic Relationships-Chapter 10: p. 218: Discussion Q. 7.  p. 220 Problems Q. 1.

 Due: Nov. 21.

·         An Internet Search: Economic Indicators Article Summary Assignment Due: Nov. 26

·         International Economics: International Trade- Case For Protectionism: President Trump’s Tariff Policy Feb. 2018-Class Critical Application-

Chapter 20-pp. 423-430 Review: Nov. 26

·         Complete Learn Smart Post Presentation Chapters 8, 9, & 10-Due: Dec. 3

Pre-Final Quiz Due: Dec. 3

Readiness Quizzes: Q. 7-Nov. 12; Q. 8 Nov. 19, Q. 9-Nov 26; and Q. 10-Dec. 3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

OTHER PERTINENT INFORMATION

 

 

 

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 Corinth: 940-498-6295 or my NCTC email address: momane-boateng@nctc.edu

v     Again do not give anyone access to your Canvas account.  Any student who cheats on any course material (exams, assignment, and posttests) will immediately fail the course and academic dishonesty papers will be filed with the Dean and VP of Instruction.

v See page 7 Below For Specific Conduct Regulations/Restrictions as found in NCTC Catalog 2017-18, pages 266-267.

 

v    Last day to Withdraw from The Course with a “W” Nov. 1

 

 

 

 

 

 

 

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 5 excessive absences.  See Attendance Regulations in the North Central Texas College Catalog Posted in Course Home Page Module Unit 1

 

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______________________________


             Communication

             Mathematics                           

             Life and Physical Science

             Language, Philosophy & Culture

             Creative Arts

 

             American History

             Government/Political Science

X             Social and Behavioral Sciences

             Component Area Option

 


 

REQUIRED CORE OBJECTIVES


X                     Critical Thinking

X                     Communication

X                     Empirical and Quantitative

 

                     Teamwork

X                     Personal Responsibility

X                     Social Responsibility


COURSE TYPE

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

X             Academic NCTC Core Curriculum Course

             WECM Course

 

Disability Services (OSD)

The Office for Students with Disabilities (OSD) provides accommodations for students who have a documented disability.  A disability is anything that can interfere with learning, such as a learning disability, psychological challenge, physical illness or injury. Accommodations may include extra time on tests, tests in a distraction reduced environment, volunteer note taker in class, etc.

On the Corinth Campus, go to room 170 or call 940-498-6207. On the Gainesville Campus, go to room 110 in the Administration (100) Building or call 940-668-4209.  Students on the Bowie, Graham, Flower Mound, and online campuses should call 940-668-4209 to arrange for an intake appointment with OSD.

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  

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

Support Services

Counseling and Testing staff offer a variety of services to current and prospective students, such as College 101, placement testing, academic advising and course registration, transfer assistance, and College Success seminars (Time Management, Study Skills, Test Anxiety, Choosing a Major, Learning Style Strategies, Career Exploration), and much more.  http://www.nctc.edu/StudentServices/CounselingTesting.aspx

 

 Student Success offers academic coaching, tutoring, including a Writing Center, a Math Lab, free 24/7 online tutoring through Grade Results and assist new students acclimate to college by providing computer lab services for prospective students.   First generation students can also participate in TRIO which offers specialized support services.

http://www.nctc.edu/StudentServices/SupportServices.aspx

 

Financial Aid offers financial resources for students that qualify, visit the financial aid offices for more information.  http://www.nctc.edu/FInancialAidHome.aspx

 

Specific Conduct Regulations/Restrictions as found in NCTC Catalog 2017-18, page 266-267

 

Violations of the Student Code of Conduct shall include aiding, abetting, conspiring, soliciting, inciting of, or attempting to commit the following:

1. Academic Dishonesty:

a. Cheating:

 (1) Copying from or reviewing another student’s examination prior to or during the examination.

(2) Copying from another student’s paper, laboratory report, presentation, computer program, or other assignment.

(3) Using or possessing unauthorized notes, books, test materials, electronic devices, or other aids in any academic exercise or activity.

(4) Submitting the same paper, report, or other assignment for more than one course without the expressed permission of the faculty member.

(5) Collaborating with or seeking aid from another student during a test without permission from the test administrator.

(6) Knowingly using, buying, selling, stealing, or soliciting, in whole or in part, the contents of a paper, another assignment, or test, whether it has been administered or not.

(7) The unauthorized transporting or removal, in whole or in part, of the contents of a test, whether it has been administered or not.

(8) Substituting for another student, or permitting another student to substitute for one’s self, to take a test.

(9) Bribing another person to obtain a test or information about a test, whether it has been administered or not.

b. Plagiarism:

(1) Appropriating, buying, receiving as a gift, or obtaining by any means another’s work and the unacknowledged submission or incorporation of it into one’s own written work.

(2) Copying or using the ideas, writings, paraphrases, data, reports, graphic designs, or computer codes of published or unpublished work of another person without appropriate citation or acknowledgments.

(3) Reproducing or using the ideas, materials, works, paraphrases, data, reports, graphic designs, or computer codes prepared by another person or agency without authorization, permission or acknowledgment.

c. Collusion: Unauthorized collaboration with another person in preparing written work for fulfillment of course requirements including a presentation, laboratory report, quiz, homework, take-home examination, project, or other work expected to be completed as an individual or independently.

d. Academic Falsification:

(1) Providing false, altered, or fabricated information or documentation in the context of an academic assignment, examination, or obligation, such as creating a false source for an assignment or citing a source one did not use.

(2) Altering grades on an assignment, examination, laboratory report, quiz, or other academic work and submitting such to a faculty member or College District employee.

(3) Using false or altered information, data, or identification in the context of an academic obligation.

e. Intellectual Property Dishonesty:

(1) Altering, removing, or defacing College District library or educational materials.

(2) Selling, electronically posting, publishing, or distributing course lecture notes, handouts, recordings, or other materials or information from the faculty member of the course without the expressed permission of the faculty member.

(3) Removing or intentionally damaging the academic property of a faculty member or another student, including projects, books, papers, notes, laboratory assignments, clinical forms, or electronic hardware or software.

(4) Obtaining or using the password of a faculty member or another student to access course hardware or software.

(5) Taking credit on a group assignment when one did not contribute toward completion of the assignment.

(6) Violating the ethical standards of practices in professional programs (i.e., health sciences, nursing, emergency medical assistance, and the like).

f. Academic Dishonesty Facilitation: Assisting any person in the commission of academic misconduct, including but not limited to:

(1) Aiding, abetting, or attempting to commit an academic misconduct violation.

(2) Allowing another student to copy or use one’s answers during an examination or in the completion of an assignment.

 (3) Taking, completing, or attempting to take an examination or complete assignment for another student.

(4) Listing another student on a group assignment when the student did not contribute in any manner toward completion of the assignment.

 

 

EEOC Statement

  North Central Texas College does not discriminate on the basis of race, color, national origin, gender, religion, age, or disability in the employment or the provision of services.

QUESTIONS, CONCERNS, or COMPLAINTS

Name of Chair/Coordinator:

Crystal R.M. Wright

Office Location:

Gainesville Campus, Room 824

Telephone Number:

940-668-7731, ext. 4320

E-mail Address:

cwright@nctc.edu

Name of Instructional Dean:

Dr. Bruce King

 

Office Location:

1525 W. California St., Gainesville, Texas

 

Telephone Number:

940-668-4267

 

E-mail Address:

bking@nctc.edu

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

There are no Handouts for this set.