Syllabus

NORTH CENTRAL TEXAS COLLEGE

COURSE SYLLABUS

 

 

Course Title:   Principles of Macroeconomics

Course Prefix & Number: ECON2301

Section Number:  852

Semester/Year:  Fall 2019

Semester Credit Hours:  3

Lecture Hours:  3

Lab Hours:  0

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.

Course Prerequisite(s): None

Required Materials:

 

McConnell, Brue & Flynn.  Principles, Problems & Policies

(ebook with Connect Plus with Learn Smart) 

McGraw Hill 21st edit  ISBN 9781259915680

 

Connect Access:  The textbook, LearnSmart, 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 in Canvas on the first day of class.  Temporary access can be obtained from McGraw-Hill for 14 days.  Students must be enrolled by the end of Day 1, as assignment are due immediately.

 

 

INSTRUCTOR INFORMATION

Name of Instructor:

Melissa Blankenship

Campus/Office Location:

FM 107

Telephone Number:

972-899-8400 x8504

E-mail Address:

mblankenship@nctc.edu (Please use CANVAS email unless not available)

 

OFFICE HOURS

 

Monday

Tuesday

Wednesday

Thursday

Friday

8-9:20 am Econ 2301

8:20-9:50 Econ 2301 (LHS)

8-9:20 am Econ 2301

8:20-9:50 Econ 2301 (LHS)

By appt only

9:30-11 Office

10:30-12 Office

9:30-11 Office

10:30-12 Office

 

11-12:20 Econ 2302

2:05 – 3:35 Econ 2301 (LHS)

11-12:20 Econ 2302

2:05 – 3:35 Econ 2301 (LHS)

 

2-3:30 Office

7-8 Online Office Hours

2-3:30 Office

 

 

 

 

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:

 

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.

 

Define economic growth and identify sources of economic growth.

 


 

GRADING CRITERIA

 

Graded Course Elements

Percentage or Point Values

Homework/LearnSmart/Discussion Boards

20%

Quizzes

20%

Projects

20%

Exams

40%

 

 

 

GRADING POLICIES

 

The 2 lowest homework grades will be dropped.  The lowest quiz grade will be dropped.  No late assignments will be accepted.  The lowest exam grade will be dropped, providing the student submits the Assessment Quiz at the end of the course.  For an extra credit point, email me a picture of a duck.  No makeup exams are given – you must check the schedule and notify me at the beginning of the course if you have a conflict with an exam date.  A cumulative Assessment Quiz will serve as your capstone assessment for the course.  StudentsMUST complete the Assessment Quiz in order to have their lowest exam grade dropped The Assessment Quiz may not be dropped.

 

Extra credit assignments are NOT guaranteed and will be given at the discretion of the instructor.  Any extra credit will be assigned to enhance the learning experience and not simply to raise a grade.

 

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 for violating this rule.  Once a student has given another person access to his/her Canvas account, the credibility of any work becomes questionable.

 

Assignments must be submitted via Canvas/Connect.  No assignments will be accepted via email.

 


 

 

 

ATTENDANCE POLICY

 

Regular and punctual attendance is expected of all students in all classes for which they have registered.  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)

Students are awarded 20 extra credit points for attendance. Each absence will cost the student 2 points.

Dropping a course is the student's responsibility, but you MAYbe dropped for excessive absence.  See Attendance Regulations in the North Central Texas College Catalog

 

Last day to withdraw from a course with a “W”is November 1, 2019.

 

COURSE SCHEDULE

(Subject to change. Refer to Canvas calendar for most current due dates.)

 

Date

Lecture Topic

Assignment(s) due

8/26

Course Introduction

 

8/28

 

Ch 1 LearnSmart

8/29

How to Think Like an Economist

 

9/2

 

Ch 2 LearnSmart

9/3

Economic Systems and the Flow of Resources

Course Introduction Quiz, Math Practice, Into to Connect Graphing

9/4

 

DB#1, Ch 3 LearnSmart

9/6

 

Choose Your Country

9/9

 

Ch 1&2 HW, Ch 1&2 Quiz

9/10

Demand, Supply, and Market Equilibrium

 

9/12

Review and catch up

 

9/16

 

Ch 3 HW, Ch 3 Quiz

9/17

Exam 1

 

9/18

 

DB#2, Ch 20 LearnSmart

9/19

International Trade

 

9/24

International Trade

 

9/25

 

Ch 6 LearnSmart

9/26

Introduction to Macroeconomics

 

9/27

 

Trade data

9/30

 

Ch 7 LearnSmart, Ch 20 HW, Ch 20 Quiz

10/1

Measuring Domestic Output and Income

 

10/2

 

DB#3

10/3

Measuring Domestic Output and Income

 

10/7

 

Ch 8 LearnSmart

10/8

Economic Growth

 

10/9

 

Ch 9 LearnSmart

10/10

Business Cycles, Unemployment, and Inflation

 

10/11

 

GDP Data

 

 

 

10/14

 

Ch 7&8 HW, Ch 7&8 Quiz

10/15

Business Cycles, Unemployment, and Inflation

 

10/16

 

Ch 9 HW, Ch 9 Quiz

10/17

Exam 2

 

10/18

 

Unemployment and Inflation Data

10/21

 

Ch 10 LearnSmart

10/22

Basic Macroeconomic Measurements

 

10/23

 

Ch 12 LearnSmart

10/24

Aggregate Demand and Aggregate Supply

 

10/28

 

Ch 10 HW, Ch 10 Quiz, Ch 13 LearnSmart

10/29

Fiscal Policy, Deficits, and Debt

 

10/31

Fiscal Policy, Deficits, and Debt

 

11/4

 

Ch 12&13 HW, Ch 12&13 Quiz

11/5

Exam 3

 

11/6

 

DB#4

11/7

No class

 

11/11

 

Ch 14 LearnSmart

11/12

Money, Banking and Financial Institutions

 

11/13

 

Ch 15 LearnSmart

11/14

Money Creation

 

11/15

 

EconSelfie

11/19

Money Creation

 

11/22

 

Currency and Central Bank Data

12/2

 

Ch 16 LearnSmart

12/3

Interest Rates and Monetary Policy

 

11/27

No class

 

12/4

 

DB#5, Ch 14,15,16 HW, Ch 14,15,16 Quiz

12/5

Exam 4

 

12/6

 

Final Country Project

12/9

 

Assessment Quiz

TBA

Final Exam

 

 

 

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, 972-899-8400 x8504, or my NCTC email address: mblankenship@nctc.edu Again, do not give anyone access to your Canvas account.  Any student who cheats on any course material (exams, assignments, quizzes) will immediately fail the course and academic dishonesty papers will be filed with the Dean and VP of Instruction.

 

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

 

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