ECON-2301 Principles of Macroeconomics


Credit Spring 2024

Section(s)

Course Requirements

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. Instructor will utilize readings (the required textbook, in addition to readings provided in Blackboard), PowerPoint presentations, videos, homework assignments, and exams. In order to continue this course, you must earn at least an average of 80% on the orientation quiz in MindTap under the caption COURSE ORIENTATION QUIZ.

 

There will be 11 regular homework assignments, each one at the end of every chapter and THREE exams. There will be NO Homework on chapter(s) marked *. There will be two mid-term exam and one final exam.

Readings

N. Gregory Mankiw, Principles of Macroeconomics, 10th edition, Cengage, 2021 ISBN: 9780357133491

 

This course is centered around the textbook, and there will be some assigned readings from this textbook (and the textbook can also serve as a reinforcement for content introduced in lecture). You will need a MindTap access to do your homework and access the text book and other resources.  You have a direct link to the textbook and homework on Blackboard. Technical Support is posted on Blackboard as well so you can always refer to it if you need help accessing the materials.

Supplementary Readings will be assigned on blackboard.

Course Subjects

Course Outline

 

 

 

Unit

Readings

Assignments

 

 

Syllabus

Orientation Quiz

  

1

Ch 1-2: What is Economics About?

Homework on Ch 1

Homework on Ch 2

 

 

Ch 4: Supply and Demand   

Homework on Ch 4

  

2

Ch 10,11: Data of Macroeconomics

 

 

 

Ch 10: Measuring Nation’s Income 

Homework on Ch 10

 
   

 

 

 

Ch 11: Measuring Nation’s Cost of Living

Homework on Ch 11

 

3

Ch 12,13,15: The Real Economy in the Long Run

 

 

 

Ch 12: Production and Growth

Homework on Ch 12

 

 

Ch 13: Saving, Investment, and the Financial System 

Homework on Ch 13

 

 

Spring Break 03/11 – 03/17     

 

 

 

Ch 15: Unemployment

Homework on Ch 15

 

4

  

 

 

 

Money and Prices in the Long Run

 

 

 

Ch 16: The Monetary System

Homework on Ch 16

 

5

Ch 17: Money Growth and Inflation

Homework on Ch 17

 

 

Short-Run Economic Fluctuations

 

 

 

Ch 20: Aggregate Demand and Aggregate Supply

Homework on Ch 20

 

 

Ch 21: Monetary and Fiscal Policy

*Homework on Ch 21

 
   

 

 

Student Learning Outcomes/Learning Objectives

Students who complete this course will be able to:

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

Office Hours

M W 5:00 PM - 6:20 PM Zoom

NOTE There will be tutorial sessions via zoom and the details will be communicated through Blackboard

Office Hours

M W 5:00 PM - 6:20 PM Zoom

NOTE There will be tutorial sessions via zoom and the details will be communicated through Blackboard

Published: 01/11/2024 20:00:34