NORTH CENTRAL TEXAS COLLEGE COURSE SYLLABUS

 

Course Title:	Principles of Macroeconomics
Course Prefix & Number:		ECON2301	Section Number:	0342	Semester:	Spring 2021
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 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. Macroecononics (Connect Access) Edition:  22nd ISBN:  9781264112470 MCCONNELL

 

INSTRUCTOR INFORMATION

Name of Instructor:	Yvonne Kirshey
Campus/Office Location:	Corinth  313
Telephone Number:	940-498-6282 ext 6537
E-mail Address:	ykirshey@nctc.edu

Teaching Schedule: 5 online sections for Fall 2020

Office Hours: upon request. We can do a Webex call if you wish.  Just email me through Canvas.

I will be checking most days periodically and will answer emails within 24 hours.  EXCEPT for weekends.

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.

 

 

COURSE SUBJECT OUTLINE (Major Assignments, Due Dates, and Grading Criteria)

 Chapter 1: Limits Alternatives and Choices

Chapter 2: The Market System and the Circular Flow

Chapter 3: Demand, Supply and Market Equilibrium
Chapter 4/5: Market failures, externalities and public goods

Chapter 7: Measuring Domestic Output and National Income

Chapter 8:  Economic Growth

Chapter 9: Business Cycles, Unemployment and Inflation

Chapter 10: Basic macroeconomic relationships

Chapter 12: Aggregate Demand and Aggregate Supply

Chapter 13: Fiscal Policy, Deficits and Debt

Chapter 14: Money, Banking and Financial Institutions

Chapter 15: Money Creation

Chapter 16: Interest Rates and Monetary Policy

Chapter 20: International Trade

Expect 1 Smartbook, 1 Homework, 1 Quiz and 1 assignment from each chapter.  Every 3/4/5 chapters there will be an exam for that unit.  Final exam is cumulative. 

See Canvas for all important dates – the Calendar tool is especially useful for planning purposes

No late work accepted.  No alterations of dates, no early start, or extended time.

 

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.

GRADING CRITERIA

# of Graded Course Elements	Graded Course Elements	Percentage or Point Values
13 of 14	SmartBook/HW/Quiz (through Connect)	6/20/15
6 and 14	Discussion boards  and Chapter Activities (Canvas)	5/4
3 of 4	Exams (Connect)	40
2	Projects  (Canvas)	10

 

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.

Last day to withdraw from a course with a “W” is April 5th.

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

Name of Chair/Coordinator:	Adam Ramsey
Office Location:	Gainesville Campus
Telephone Number:	940-668-7731, ext. 4925
E-mail Address:	aramsey@nctc.edu
Name of Instructional Dean:	Dr. Bruce King
Office Location:	New Denton Campus
Telephone Number:	940-668-4267
E-mail Address:	bking@nctc.edu

Syllabi Statements Spring 2021 - COVID-19 Specific

 

Conversion of Onsite Classes to Online/Remote Format: North Central Texas College students should be aware that in the event of a college closure due to COVID-19, onsite classes will be converted to an online/remote format. Students should plan ahead to ensure they have access to the computer equipment (either PC, MAC, or tablet), webcam, and internet connectivity to continue their classes in an online/remote format. Please read all your official North Central Texas College student emails as the transition from onsite to online/remote might require a reorganization in your personal situation. Students will be granted a 72-hour transition and grace period. Online classes will continue as scheduled without disruption. Wear a mask, stay safe, and contact your Instructor as the situation arises. These policies and procedures were updated on July 30, 2020 and are subject to change as conditions change.

 

Face Coverings: Per the North Central Texas College guidance on face coverings on campus, in the instructional setting, faculty and students must wear face coverings, such as masks or face shields. Students without coverings, or those who do not comply with the rules relating to face coverings, will not be able to participate in on-campus classroom activities. To request an exception to this requirement, students should contact the NCTC HR Office of Enrollment Management (ccove@nctc.edu). Failure to comply with the face coverings requirement may result in the Instructor directing the student to leave the classroom. Any student asked to leave the classroom may be referred to the student conduct officer. These policies and procedures were updated on July 30, 2020 and are subject to change.

 

Temporary COVID-19 Attendance Policy for Face-to-Face Meetings: We are facing an unprecedented situation in which all of us must be flexible and make prudent decisions in the best interest of our families, our campus, and our community. In light of this, North Central Texas College is temporarily establishing the requirement that faculty keep records of student attendance for face-to-face course meetings as well as a documented seating chart. In addition, students who are sick or need to quarantine should not attend classes. Students will not be required to provide formal documentation from a health care provider and will not be penalized for COVID-19 related absences when proper notification to campus health officials is made in accordance with the guidelines stated below.

 

Faculty will:

 

• Notify students about important course information and delivery changes through Canvas and campus email.

 

Students should:

• Provide notification to campus officials (via NCTC Daily Health Check protocol through Canvas) if they have tested positive for COVID-19 or have to quarantine so we can confirm reported absence with instructors, monitor, and assist the campus community.
• Notify instructors in advance of the absence.
• Connect with that class through Webex if the class session is being transmitted in a hybrid fashion.
• Keep up with and/or make up missed classwork or assignments.
• Submit assignments digitally through Canvas or other means as announced by your instructor.
• Work with their instructors to reschedule exams, labs, and other critical academic activities described in the course syllabus.
• Check Canvas and campus email daily to receive important announcements pertaining to the course.

During the spring 2021 semester, faculty with face-to-face meetings will establish assigned seating/work stations to facilitate roll-taking, and, if necessary, contact tracing. Additionally, we ask all members of the College community to be attentive to their health, and safeguard others, by following the CDC’s guideline to “stay home when you are sick.” You should stay home if you have symptoms. More information on what to do if you are sick is available at the CDC’s website.

Additional NCTC information is available at http://www.nctc.edu/coronavirus/index.html