Faculty

ECON-2301 Principles of Macroeconomics

Credit Spring 2023

Section(s)

Course Requirements

Contact Expectations

Please bring two things when you ask questions: (1) Your own notes; (2) Your own understanding of the question.

I normally respond to all emails/messages within 24 hours (though possible with a longer delay over weekends or holidays). If you do not receive a response from me during that time frame, please try sending another message. My office hours are indicated above. Kindly make good use of it. You can also book an appointment to see me if need be.

All class communication will be done through ACC email and Blackboard. Be sure to check your ACC email and Blackboard Announcement in a timely manner.

Learning Management System

Blackboard and MindTap will be used for a variety of purposes in this course. In these learning platforms, students will complete an orientation quiz, be able to see their grades, view course announcements, complete homework assignments, contact me, and access supplemental videos and readings. Exams will be conducted in a face-to-face approach.

Readings

Required Texts/Materials

N. Gregory Mankiw, Principles of Macroeconomics, 9th edition, Cengage, 2021 ISBN: 9780357133491

Course Subjects

Course Outline


Unit	Readings	Assignments	Due Dates
	Syllabus	Orientation Quiz	01/15
1	Ch 1-2: What is Economics About? 01/17 – 01/24	Homework on Ch 1 Homework on Ch 2	01/24 01/24
	Ch 4: Supply and Demand 01/24 – 01/31	Homework on Ch 4	01/31
2	Ch 10,11: Data of Macroeconomics
	Ch 10: Measuring Nation’s Income 02/02 – 02/09	Homework on Ch 10	02/09

	Ch 11: Measuring Nation’s Cost of Living 02/21 – 02/23	Homework on Ch 11	02/24
3	Ch 12,13,15: The Real Economy in the Long Run
	Ch 12: Production and Growth 02/28 – 03/02	Homework on Ch 12	03/02
	Ch 13: Saving, Investment, and the Financial System 03/07 – 03/09	Homework on Ch 13	03/09
	Ch 15: Unemployment 03/21 – 03/23	Homework on Ch 15	03/24

4	Money and Prices in the Long Run
	Ch 16: The Monetary System 04/04 – 04/11	Homework on Ch 16	04/11
	Ch 17: Money Growth and Inflation 04/13 – 04/20	Homework on Ch 17	04/20
5	Short-Run Economic Fluctuations
	Ch 20: Aggregate Demand and Aggregate Supply 04/20 -04/27	*Homework on Ch 20	04/27
	Ch 21: Monetary and Fiscal Policy 04/27-05/02	*Homework on Ch 21	05/02
	Review 05/04

	Supplementary Instruction (Tutorials)	M/W 6pm – 7:30pm	Zoom

Student Learning Outcomes/Learning Objectives

Student Learning Outcomes

Students who complete this course will be able to:

Critically evaluate GDP, unemployment, and inflation data.
Explain the business cycle and its phases.
Manipulate the basic Aggregate Supply, Aggregate Demand model of the macro economy.
Explain fiscal policy tools and defend and criticize the usage fiscal policy.
Describe how a fractional reserve banking system works.
Explain monetary policy tools and defend and criticize the usage monetary policy.

Office Hours

M T W Th F 12:00 PM - 1:20 PM RRC Rm 8323.03 and zoom

NOTE Always feel free to contact me for alternative hours