Syllabus

ECON 2301 0849 - PRINCIPLES OF MACROECONOMICS

Introduction

NORTH CENTRAL TEXAS COLLEGE
COURSE SYLLABUS
COURSE AND INSTRUCTOR INFORMATION

Course title: Principles of Macroeconomics
Econ2301 0849
Fall/2022:
Semester begins August 22th-Semester ends December 10th:
Asynchronous online:
Semester credit hours: 3

Course description: 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 prerequisites: 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.

Jeff Long
jlong@nctc.edu
SYLLABUS CHANGE DISCLAIMER
The faculty member reserves the right to make changes to this published syllabus if it is in the
best interest of the educational development of this class. Any such changes will be announced
as soon as possible in person and/or writing.

SUMMARY OF COURSE ASSIGNMENTS
12 Smartbook Assignments 10% of overall grade
14 Homework Assignments 20% of overall grade
4 Discussions/Assignments 10% of overall grade
4 Tests 60% of overall grade

89.5% - 100% = A
79.5% – 89.4% = B
69.5% – 79.4% = C
59.5% - 69.4% = D
59.4% and below = F

Late work will not be accepted. You will be given plenty of time to complete the assignments
and they will be set to close at 11:59 pm on the due date. Extensions or extra time will be
dealt with on a case-by-case basis. If for any reason I change the due date, then I will email
the class and place in the Announcements of your Canvas account.

SEE CANVAS FOR THE COMPLETE COURSE CALENDAR, OUTLINE, DETAILED DESCRIPTION OF
GRADED WORK, AND OTHER RELATED MATERIAL.

COURSE POLICIES

Academic Integrity Policy: 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. In addition, if someone
other than you emails me, you will need to have a FERPA waiver form on file with the college

and copy sent to me before I am able to reply. Again, do not give anyone access to your Canvas

account. Any student who cheats on any course material (exams, assignments, and post-tests)
will immediately fail the course and academic dishonesty papers will be filed with the Dean and
VP of Instruction.

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)

Withdrawal Policy

A student may withdraw from a course on or after the official date of record. It is the student’s
responsibility to initiate and complete a Withdrawal Request Form.
Last day to withdraw from the course with a “W” is: October 31st
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:
1. Explain the role of scarcity, specialization, opportunity cost, and cost/benefit analysis in
economic decision-making.
2. Identify the determinants of supply and demand; demonstrate the impact of shifts in
both market supply and demand curves on equilibrium price and output.
3. Define and measure national income and rates of unemployment and inflation.
4. Identify the phases of the business cycle and the problems caused by cyclical
fluctuations in the market economy.

5. Define money and the money supply; describe the process of money creation by the

banking system and the role of the central bank.
6. 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.
7. Explain the mechanics and institutions of international trade and their impact on the
macro economy.
8. Define economic growth and identify sources of economic growth
Core Objectives: Critical Thinking, Communication, Empirical and Quantitative, Social
Responsibility

COLLEGE POLICIES

STUDENT HANDBOOK
Students are expected to follow all rules and regulations found in the Student Handbook.

ADA STATEMENT

NCTC will adhere to all applicable federal, state and local laws, regulations and guidelines with
respect to providing reasonable accommodations to afford equal educational opportunity. It is
the student’s responsibility to contact the Office for Students with Disabilities to arrange
appropriate accommodations. See the OSD Syllabus Addendum.

STUDENT SERVICES

NCTC provides a multitude of services and resources to support students. See the Student
Services Syllabus Addendum for a listing of those departments and links to their sites.

QUESTIONS, CONCERNS, or COMPLAINTS

The student should contact the instructor to deal with any questions, concerns, or complaints
specific to the class. If the student and faculty are not able to resolve the issue, the student
may contact the chair or coordinator of the division. If the student remains unsatisfied, the
student may proceed to contact the instructional dean.

Name of Chair/Coordinator: Donna Smith
Office location: Corinth Campus, Room 209
Telephone number: 940-498-6266
E-mail address: dhooper@nctc.edu

Name of Instructional Dean: Crystal Wright
Office location: FSB Exchange/Denton Campus, Room 204
Telephone number: 940-380-2504

E-mail address: cwright@nctc.edu

Syllabus File(s)

There are no Handouts for this set.