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NORTH CENTRAL TEXAS COLLEGE
COURSE SYLLABUS
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Course Title: PRINCIPLES OF MACROECONOMICS
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Course Prefix & Number: ECON 2301
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Section Number: 403
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Semester: SP 2020
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Semester Credit Hours: 3
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Lecture Hours: 3
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Lab Hours: N/A
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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. 48 lecture hours.
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Course Prerequisite(s): None
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Required Materials:
Macroeconomics: Principles, Problems, & Policies (ebook with ConnectPlus with LearnSmart) by McConnell, Brue, & Flynn, McGraw Hill, 21st edition,
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
**Students can purchase a loose leaf book directly from McGraw Hill when registering Connect Access
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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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CorinthRm 313
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Telephone Number:
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940-498-6282 ext 6537
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E-mail Address:
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ykirshey@nctc.edu
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Teaching Schedule:
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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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9:30 – 10:50 am
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8:20 – 9:50 am
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9:30 – 10:50 am
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8:20 – 9:50 am
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Econ 2302.400
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Econ 2301.847
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Econ 2302.400
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Econ 2301.847
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Corinth 264
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** at FMHS **
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Corinth 264
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** at FMHS **
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**FMHS is Flower
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Mound High School
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11 am – 12:20 pm
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11 am – 12:20 pm
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Online 342
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Econ 2302.403
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Econ 2302.403
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Corinth Rm 264
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Corinth Rm 264
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12:30 – 1:50 pm
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12:30 – 1:50 pm
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12:30 – 1:50 pm
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12:30 – 1:50 pm
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Econ 2301.402
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Econ 2301.403
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Econ 2301.402
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Econ 2301.403
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Corinth Rm 264
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Corinth Rm 264
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Corinth Rm 264
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Corinth Rm 264
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Office Hours:
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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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7:50 – 8:20 am
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7:50 – 8:20 am
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** at FMHS **
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** at FMHS **
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11 am – 12:30 pm
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10:30 am – 11 am
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11 am – 12:30 pm
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10:30 am – 11 am
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Rm 264 Corinth
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Rm 264 Corinth
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1 – 2 pm
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Online/D.C
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2 pm – 3 pm
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2 – 3 pm
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2 pm – 3 pm
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2 – 3 pm
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2 – 4 pm
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Online
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Online/d.c. –
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designated for
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dual credit classes
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Plus all emails answered within 24 hours
If all of the above times conflict with other classes you may have, please email me to set up an appointment.
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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Quiz /Homework/Learnsmart for each chapter - online
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15% /20%/10%
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3 of 4
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In class tests
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35%
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14
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Class participation activities, group work
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10%
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2
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Projects
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10%
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Grading Scale
A = 89.5% and above
B= 79.5% and above
C = 69.5% and above
D = 59.5% and above
Grades posted each week so you can always be up-to-date on your progress. No other grade modifications will happen.
No online Homework assignments, Learnsmart Modules, or Quizzes will be opened early, accepted late or make-ups provided. No exams will be given early or late, no make-ups provided, no other locations permitted, without written accommodations from OSD.
STUDENT LEARNING OUTCOMES
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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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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: If you are sick or have a planned school field trip, email me BEFORE class so we can arrange a make-up for you.
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 excessive absence. See Attendance Regulations in the North Central Texas College Catalog.
TENTATIVE SCHEDULE: See Canvas: Calendar, modules and Upcoming ' To Do' List
FINAL EXAM: 12/11 (Same room) NO make-ups, no excuses.
Ch 1 Limits, Alternatives and Choices
Ch 2 The Market System and the Circular Flow
Ch 3 Demand, Supply and Market Equilibrium
Ch 4 Market Failures: Public Goods and Externalities
Ch 7 Measuring Domestic Output and National Income
Ch 8 Economic Growth
Ch 9 Business Cycles, Unemployment, & Inflation
Ch 10-(11) Basic Macro Relationships (and Aggregate Expenditures Model)
Ch 12 Aggregate Demand and Aggregate Supply
Ch 13 Fiscal Policy Deficits and Debts
Ch 14 Money, Banking and Financial Institutions
Ch 15 Money Creation
Ch 16 Interest Rates and Monetary Policy
Ch 20 International Trade
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)]”.
v 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, post tests) will immediately fail the course and academic dishonesty papers will be filed with the Dean and VP of Instruction.
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Last day to withdraw from a course with a “W” is ___Apr. 3rd__________.
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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 940-668-4321.
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.
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 (Links to an external site.)
CORE CURRICULUM FOUNDATIONAL COMPONENT AREA______________________________
o Communication
o Mathematics
o Life and Physical Science
o Language, Philosophy & Culture
o Creative Arts
o American History
o Government/Political Science
X Social and Behavioral Sciences
o Component Area Option
REQUIRED CORE OBJECTIVES
X Critical Thinking
X Communication
X Empirical and Quantitative
o Teamwork
o 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. http://nctc.smartcatalogiq.com/en/2014-2015/Catalog/North-Central-Texas-College-Student-Handbook
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Name of Chair/Coordinator:
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Crystal R.M. Wright: Division Chair of Social Sciences
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Office Location:
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Gainesville Campus Rm 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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New Denton Campus
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Telephone Number:
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940-668-3568
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E-mail Address:
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bking@nctc.edu
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