ECON-2301 Principles of Macroeconomics
Credit Spring 2022
Section(s)
Course Requirements
Principles of Macroeconomicsis a three (3)-credit course. Your final grade for this course will be based upon a weighted average of the individual grades received for five (5) graded exercises that include
- 3 economic research projects
- 3 hourly exams
- MyEconLab quizzes
- MyEconLab homeworks
- Extra Credit: at least ten (10) classroom quizzes.
The value, or weighting, assigned to each of these five graded exercises is as follows:
|
Assignment |
Percent of Grade |
|
Economic research projects (2 projects @ 7.5% ea., final project 15%) |
30.0% |
|
Individual exams (2 @ 15% ea.), Comprehensive Final (20%) |
50.0% |
|
MyEconLab quizzes (best 10) |
10.0% |
|
MyEconLab homeworks (best 10) |
10.0% |
|
Total |
100% |
|
Extra Credit: Classroom quizzes/Blackboard discussions |
+/- 10% |
Readings
– Parken, Macroeconomics Plus MyEconLab [13th ed.). In registering for the course one will be charged for both the e-book and MyEconLab access at the MyEconLab website, see, http://www6.austincc.edu/schedule/index.php?op=browse&opclass=ViewSched_instructor&term=218F000&instructorid=sgreenfi&yr=2019&ct=CC%27%3E. I’ve put a hard copy of Parken in the library. You can obtain a hard copy of the text from the ACC bookstore for $25.
- supplemental material at, Ensuring Academic Success in Economics, then select appropriate link.
Online Review material:
· Khan Academy, http://www.khanacademy.org/#macroeconomicsthen select appropriate/relevant topic.
· Economists Do It With Models, http://www.economistsdoitwithmodels.com/economics-classroom/, then select Macroeconomics 101 in Search by classroom course
Course Subjects
Course Schedule
|
Week |
Readings/Assignments |
Due Date |
|
1-4 |
Class Introduction Readings Assignments: MyEconLab – Homeworks and Quizzes, Ch 1-3 Introduce yourself in the Introduction Conference in BlackBoard |
Feb 11 |
|
5-6 |
Part Two: Monitoring Macroeconomic Performance Readings Assignments: MyEconLab – Homeworks and Quizzes, Ch 4-5 Research Project 1, Paper due, Thursday, Oct. 12 Optional Assignments Exam 1 - Oct ? |
Feb 27 |
|
7-11 |
Part Three: Macroeconomic Trends Readings Spring Break March 18-24 Assignments: MyEconLab – Homeworks and Quizzes, Ch 6-9 Optional Assignments
|
Apr 3 |
|
Week |
Readings/Assignments |
Due Date |
|
12-14 |
Part Four: Macroeconomic Fluctuations Readings Assignments: MyEconLab – Homeworks and Quizzes, Ch 10-12 Research Project 2, Paper due, Thursday, Nov. 15 Optional Assignments:: Exam 2 - TBD |
Apr 24 |
|
15-17 |
Part Five: Macroeconomic Policy Readings Assignments: MyEconLab – Homeworks and Quizzes, Ch 13-15 Final Research Paper due, Tuesday, Dec 6 BlackBoard (BB) Conference: Conferences Comprehensive Final, Dec 13 |
May 15 |
Student Learning Outcomes/Learning Objectives
Bloom's taxonomy of learning separates the learning process into six categories—knowledge, comprehension, application, analysis, synthesis, and evaluation. Although this breakdown is not the final word in classifications of this type, it is useful in making a point about learning economics. In an economics course, it is insufficient simply to memorize facts. A look below at the goals of this course reveals the levels of learning you should be able to demonstrate upon completion. After this course, you should be able to
- the meaning of unemployment and inflation data and how that data is collected and computed;
- the meaning and components of the National Income Accounts, especially GDP;
- the meaning of the business cycle and its phases;
- and to manipulate the basic Aggregate Supply, Aggregate Demand model of the macro economy;
- how fiscal policy operates, its tools, and its advantages and drawbacks;
- how a fractional reserve banking system works;
- how monetary policy operates, its tools, and its advantages and drawbacks.
Office Hours
M W 12:00 PM - 1:30 PM RRC 8323.03
NOTE We can meet on zoom or face to face in the office. Send an email to arrange meetings.T Th 3:00 PM - 4:00 PM RRC 8323.03
NOTE Please send me an email to arrange meeting. We can meet on zoom or face to face in my officePublished: 01/13/2022 12:54:22