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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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ECON2301
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Section Number:
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0510
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Semester/Year:
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Sum. 1/
2020
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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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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.
Macroeconomics: Principles, Problems, & Policies (eBook with Connect Access) by McConnell, Brue, & Flynn, McGraw Hill, 21st edition
NOTE: Student payment for the textbook (eBook) & Connect Access has already been included in the tuition for the course via Inclusive Access.
Inclusive Access is a partnership between NCTC and McGraw-Hill Education
- 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 m1263mgr@follett.com.
CONNECT REGISTRATION THROUGH CANVAS: Students no longer need a course ID# or a separate website to register for Connect. Rather, the Connect website is now linked directly to Canvas, and so students will ONLY be registering for Connect through their student Canvas accounts for this course starting on the first day of class.
CONNECT ACCESS: The textbook, Learn Smart, and Connect activities are all maintained within the McGraw Hill Connect System. Students need to be enrolled immediately in Connect, as multiple assignments are due the first week of class. Student payment for the textbook (eBook) and Connect Access has already been included in the tuition for the course via Inclusive Access.
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 up violating this rule. Once a student has given another person access to his/her Canvas account, the credibility of any work completed becomes questionable.
CANVAS WEBSITE: Students can access Canvas indirectly by going to the NCTC homepage (www.nctc.edu) and clicking on the “Canvas” icon/logo. Or, students can access Canvas directly by going straight to the website for Canvas (https://nctc.instructure.com).
Connect Technical Requirements and Support
Please review the following information from McGraw-Hill Higher Education before you begin any assignments in Connect.
- Run a system check: To have a successful experience in Connect, you will need to ensure that your computer's system meets the requirements needed to access and run your assignments (e.g.: operating system, browsers, plug-ins). It is strongly recommended that you troubleshoot your computer at least once a week, and before every test, to be sure that you will be able to complete the required exercises. Click on the following link to learn how to troubleshoot Connect and what the computer requirements are: http://connect.mheducation.com/connect/troubleshoot.do
- Get support: Connect has a Customer Experience Group (CXG) Support Center where you can connect with a tech specialist via chat, phone, or email. Click on this link to access the online support center: https://mhedu.force.com/CXG/s/ContactUs
If you have problems with registration or technical difficulties while completing assignments, contact CXG. I am not tech support! Every time you speak with a representative, you will receive a case/ticket number for reference. Be sure to keep this number so that you can easily check up on the status of any unresolved problems and also to share with me if required.
Here is the direct toll-free phone number for the Customer Experience Group (CXG) Support Center: 800-331-5094
Here are the hours of operation for the Customer Experience Group (CXG) Support Center below:
Sun: 12pm - 12am
Mon-Thurs: 24 hours
Fri: 12 am - 9pm
Sat: 10am - 8pm (All in US Eastern Time)
***CONNECT TECHNICAL DIFFICULTIES / ISSUES***
If you experience any technical difficulties / issues while working on assignments in Connect, it is your responsibility as the student to take the following actions:
(1) Contact the Connect Customer Experience Group (CXG) immediately to report the issue at the time the issue occurs, prior to the assignment due date, so that the issue can be documented and resolved AND
(2) Contact your Course Instructor (me) immediately to notify me of the issue.
Technical Problem Resolution Procedure
If you experience technical difficulties while completing an online assignment, follow the procedures as outlined below.
1. Take a screen shot: Take a screen shot/Print Screen of the monitor when the problem occurs. Save as a .pdf or .jpg file.
2. Contact technical support: Make sure you give a complete description of your problem so the Help Desk staff will have the pertinent information in order to assist you properly. This may include:
o course name/reference number and/or instructor name
o operating system, Internet browser, and/or Internet service provider (ISP) information
o Print Screen file
o your contact information
3. Send a message to your instructor to notify him of the problem: Include all pertinent information of the incident (as listed above).You must provide the ticket/case number that you receive from technical support. This ticket provides proof of the time and date you tried to submit an online assignment. Any notifications that do not include this ticket/case number will be invalid.
4. Follow up: If you do not hear back from the technical support within a timely manner (less than 48 hours), it is your responsibility to follow up with the appropriate person until a resolution is obtained.
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(Next page)
INSTRUCTOR INFORMATION
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Name of Instructor:
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Mike McCoy
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Campus/Office Location:
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N/A I am an adjunct instructor
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Telephone Number:
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940.217.5966
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E-mail Address:
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mimccoy@nctc.edu
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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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Online
5:00 – 7:00 pm
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Online
5:00 – 7:00 pm
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Other hours by appointment. Note: The instructor is generally available from 7:00 am to 7:00 pm Monday – Friday. The instructor makes every effort to answer emails within 24 hours. If you do not receive a reply within that timeframe, it is possible that you incorrectly input the instructor’s email address. Therefore, it is best to use the Inbox in Canvas to email the instructor.
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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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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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30
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Assignments (10 Homework & 20 LearnSmart)
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20
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10
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Chapter Quizzes
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10
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4
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Exams
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60
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1
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Assessment Quiz
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5
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1
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Participation
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5
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Total
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100%
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COURSE SUBJECT OUTLINE (Major Assignments, Due Dates, and Grading Criteria)
Learn Smart: The 20 LearnSmart assignments are directly over textbook content and will be completed in Connect via the “Assignments” Tab in our Canvas course. LearnSmart uses adaptive technology to tailor the assignment and learning experience to each individual student’s needs. LearnSmart starts by identifying the topics a student knows and does not know. As the student progresses, LearnSmart adapts and adjusts the content and questions on the assignment based on the individual student’s strengths, weaknesses, and confidence. Each LearnSmart assignment is set to take 20 minutes to complete on average. However, it may take some students more than 20 minutes to complete and some students less than 20 minutes to complete.
**How quickly a student completes the assignment depends on (1) how many questions the student answers correctly and (2) how confident the student is that their answer is correct, prior to viewing the correct answer and their score for each question. So, if you are confident that the answer you have chosen is correct, make sure to click “I know it” when you are asked “Do you know the answer?” after having answered the question. If you are confident that your answer is correct , but instead you click on “Think so,” “Unsure,” or “No idea,” then LearnSmart will keep on giving you additional questions covering those same concepts until you (1) do answer all of the questions correctly and (2) are confident that you answered all of the questions correctly. Therefore, as there is no limit on the number of times that a student can attempt and work through each LearnSmart assignment, if a student continues answering all of the questions that LearnSmart presents him/her with in the assignment, the student will eventually achieve a perfect score and earn a “100” on the assignment.
Please be aware of the opening and closing dates for the LearnSmart assignments, as no assignment will be re-opened once it has closed and no late assignments will be accepted. Again, you have no limit on the number of attempts on the LearnSmart questions to get the correct answer and state that you are confident the answer is correct, and there is no time limit. Think of this as practice!
The 10 Homework assignments are directly over textbook content and will consist of multi-part questions with an occasional written response question. They are to be completed in Connect via the “Assignments” Tab in the Canvas course. Please be aware of the opening and closing dates for the Homework assignments, as no assignment will be re-opened once it has closed and no late assignments will be accepted. You have 3 attempts on HW questions to get the correct answer and there is no time limit. Think of this as practice! The “Math Practice” assignment and the “Graphing Tool Introduction” assignment are not part of the 10 graded homework assignments, but it is highly recommended that you take them so that you can assess your skills in those areas.
Quizzes: There are 10 quizzes. The quizzes are generally over textbook content and will consist of multiple-choice questions. Quizzes are completed in Connect via the “Assignments” Tab in our Canvas course. Please be aware of the opening and closing dates for the quizzes, as no quiz will be re-opened once it has closed and no late assignments will be accepted. For the quizzes, you have 2 attempts to get the correct answer, and each quiz attempt is timed for a maximum of 45 minutes. **Note, you cannot pause the time on the quiz once you have started the attempt. If you click “save & exit” on the quiz and close the page, the time still keeps running and your attempt will be submitted automatically once the time has run out.
Exams: There will be 4 exams. Exams generally contain around 50 objective (multiple choice, true false, fill-in-the-blank, matching, etc.) questions and will be related to the content covered up to the date of that particular exam. The exams might also include essay questions. A study guide will be posted in Canvas no later than the Friday of the previous week for which they are assigned. Exam 4, the Final Exam, is cumulative.
You will have only 1 attempt to complete and submit exams. Please be aware of the opening and closing dates for the exams, as no exam will be re-opened once it has closed and no makeup exams will be given or permitted. **Note, you cannot pause the time on the exam once you have started the attempt. If you click “save & exit” on the exam and close the page, the time still keeps running and your attempt will be submitted automatically once the time has run out.
**Note: All students MUST complete the “Assessment Quiz”. It is a mandatory assignment required by the department for completion of the course. If you do not complete the “Assessment Quiz”, your grade may be reduced by 10 percentage points.
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The “Assessment Quiz” covers all of the student learning outcomes for the course and is used by the department to measure what students have learned and mastered after having completed the entire course.
**Details on when Assignments (Homework & LearnSmart), Quizzes & Exams are open and due will be given in Connect and/or on Canvas. It is the student’s responsibility to be aware of what is due and when it is due. Failure to regularly sign into Canvas and/or Connect could be the difference between passing and failing.
The final grade is out of 100 percent according to the following scale:
90 – 100 = A, 80 - 89 = B, 70 - 79 = C, 60 – 69 = D, 59 or below = F
IMPORTANT DATES
Classes Begin Monday, June 8
Exam 1 Monday, June 15 – Tuesday June 16
Official Date of Record Thursday, June 18
Exam 2 Sun - Monday, June 22 – Tuesday, June 23
Exam 3 Sun - Monday, June 29 –Tuesday, June 30
Last Day to Withdraw with "W" Tuesday, June 30
Independence Day Holiday Thursday, July 2 (College Closed)
Assessment Quiz- Monday, July 13
Exam 4 (Final Exam) – Tuesday, July 14
DO NOT ASK TO TAKE THE FINAL EXAM EARLY OR LATE. IT MUST BE TAKEN ON JULY 14,
FINAL GRADES:
Once the Final Exam Deadline has passed, all grades are final. All final grades are determined by the coursework completed throughout the semester and follow the standard rounding rules, rounding to the nearest whole number (i.e., a final grade of 89.50 is an “A” and a final grade of 89.49 is a “B”, etc.)
GENERAL DESCRIPTION AND TENTATIVE SCHEDULE
Subject to change, please see Canvas for most up-to-date schedule.
LearnSmart (LS), Homework (HW), Quizzes (Q), Exams (Ex), and the mandatory Assessment Quiz (AQ) are all located in McGraw-Hill Connect (MHC). Links to the activities are also available in Canvas.
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M
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Tu
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W
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Th
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F
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8 Classes Begin
Review Math Practice & Intro to Connect. Graphing
Start working on Ch. 1 LS &
Ch 2 LS.
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9 Finish activities
from 6/8.
Submit Ch 1,2 HW & Ch 1,2 Q.
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10 Complete
Ch 3 LS.
Start working on Ch 3 HW &
Ch 3 Q.
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11 Submit
Ch 3 HW &
Ch 3 Q.
Start working on Ch 4 LS.
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12 Submit
Ch 4 LS.
Review for
Exam 1.
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15 & 16
Submit Ex 1 by 11:59 p.m.,
Tues. 6/16.
If at all possible, submit Ex 1 on Mon. 15 since Ch 5 LS and Ch 6 LS must be submitted by 6/17.
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17 Submit
Ch 5 LS &
Ch 6 LS.
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18 Submit
Ch 7 LS &
Ch 8 LS.
Start working on Ch 7,8 HW &
Ch 7,8 Q.
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19
Submit
Ch 7,8 HW &
Ch7,8 Q.
Start working on Ch 9 LS.
Review for
Exam 2.
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22 &23
Submit Ch 9 LS, Ch 9 HW, &
Ch 9 Q by 11:59, Mon. 6/22.
Submit Ex 2 by 11:59 p.m., Tuesday, 6/23.
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24 Submit
Ch 10 LS,
Ch 10 HW, &
Ch 10 Q.
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25 Submit
Ch 11 LS &
Ch 12 LS.
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26 Submit
Ch 13 LS.
Review for
Exam 3.
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29 & 30
Submit Ch 12, 13 HW,
& Ch 12, 13 Q.
Submit Ex 3 by 11:59 p.m., Tuesday,
6/30.
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1 Submit
Ch 14 LS &
Ch 15 LS.
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2 July 4
Holiday
(NCTC campuses closed.)
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3
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6 Submit
Ch 16 LS.
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7 Submit
Ch 14,15,&16 HW &
Ch 14,15,&16
Q.
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8 Submit
Ch 17 LS &
Ch 18 LS.
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9 Submit
Ch 19 LS &
Ch 20 LS.
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10 Submit
Ch 20 HW &
Ch 20 Q.
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13 Submit
Mandatory
Assessment Quiz.
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14 Submit Exam 4 (Final Exam) no later than 11:59 p.m.
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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:
Last day to withdraw from a course with a “W” is _June 30, 2020______________.
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)_______