ECON-2301 Principles of Macroeconomics

Mehrdad Setayesh

Credit Fall 2025

Section(s)

ECON-2301-010 (20523)
LEC DIL HYD DIL

LEC M 6:00pm - 7:20pm DIL HLC1 2211

Course Requirements

All lectures for this class will be hybrid, mix of Face-2-Face Classes at Highland Campus and Online assignments and exams.  All exams and assignments must be submitted online via the Blackboard Ultra.  Please be sure you’re familiar with the Blackboard Ultra.

ECON 2301 – 20523 / 010  -  Principles of Macroeconomics

Instructor:      Mehrdad Setayesh

Fall 2025 (16-Week Session):     August 25, 2025  –  December 14, 2025

Class Time:      Mondays Only; 6:00 – 7:20 PM; Highland Campus; Building 2000; Room 2211

Office Hours:    15 minutes before and after each class, plus E-mail and call 512-837-1401.

Office Location:      Adjunct Faculty Office; Building 2000; Highland Campus.

E-mail:      msetayes@austincc.edu

Home Phone No.:      512-837-1401

Textbook:      The Macro Economy Today, Bradley R. Schiller, McGraw-Hill Irwin Publishing Co., 17th Edition, 2024  Hardbound Rental ISBN: 978-1-265-43990-74;  Loose-leaf Purchase ISBN: 978-1-265-41676-8;  E-book Access Card ISBN: 9781266662065

GRADE AFTER CURVE                    

A             90 - 100%                            

B             80 - 89%                              

C             65 - 79%                                                                                      

D             50 - 64%                              

F              Below 50%                         

W           Last drop date:  Thursday, November 20, 2025

Exams and Special Project:       All must be submitted via Blackboard.  Exams are not timed nor proctored.  Based on honor system.

Mid-Term 1 Due Friday, Sept 26, 2025)         35%         Chapters (1, 1A, 3, 5)                                                             

Final Exam Due Saturday, December 13, 2025)    35%        Chapters (6,7,8,9,9A,10,12,11,13,14,15)                               

First Special Project Due Friday, Oct 17, 2024)      15%   (Answer questions using current Economics data)

Second Special Project Due Friday, Nov 14, 2025)      15%  (Demand & Supply plus Economic Policy)

Exams consist of 45 ~ 60 questions, mostly multiple choice plus some short answers.  They’re directly out of lecture notes.  Be sure you understand every term listed under “Review Topics” for each chapter.  You can use textbook for additional reference since it has additional graphs and examples for each topic.

Special Project requires access to a computer to download data from the Federal Government’s Website.  You can use computer resources at any of ACC’s Student Learning Labs to download data or your own computer.  Please refer to Blackboard for step-by-step process on how to download data, examples of what required final data look like and a list of 7 questions to answer. You'll need to submit all graphs, tables containing data and answers to all 7 questions in one file.

To get the latest updates / requirements, be sure to check “Announcements” Tab in Blackboard and your ACC E-mail Address throughout the semester.

Readings

In addition to the textbook, other reading sources all have been posted to Blackboard.  They include lecture notes, handouts, lecture recordings and review topics.  Be sure to keep up with all reading materials.  Do not wait until the last minute to prepare for each exam.  Ask questions, ask questions, and ask questions.

Course Subjects

Basics, Supply & Demand, GDP, National Income Accounting, Unemployment, Inflation, Macro Equilibrium (AD & AS Diagram), Federal Budget, Fiscal Policy, Money & Banking, Monetary Policy, International Economics (International Trade and Finance)

 

Student Learning Outcomes/Learning Objectives

Students who complete this course will be able to critically evaluate GDP (Ch. 5), unemployment (Ch. 6), and inflation (Ch. 7) data; explain the business cycle and its phases (Ch’s. 9 & 10); manipulate the basic Aggregate Supply, Aggregate Demand model of the macro economy (Ch. 8); explain fiscal policy tools and defend and criticize the usage fiscal policy (Ch’s 12 & 11); describe how a fractional reserve banking system works (Ch. 13); explain monetary policy tools and defend and criticize the usage monetary policy (Ch’s 14 & 15).

Office Hours

M T W Th 5:15 PM - 6:30 PM Online Classes

NOTE I can reached via E-mail and phone during Office Hours for Online Classes and 15 minutes before and after each Face-2-Face Class. ACC E-mail Only: msetayes@austincc.edu; Home Phone No: 512-837-1401.

Office Hours

M T W Th 5:15 PM - 6:30 PM Online Classes

NOTE I can reached via E-mail and phone during Office Hours for Online Classes and 15 minutes before and after each Face-2-Face Class. ACC E-mail Only: msetayes@austincc.edu; Home Phone No: 512-837-1401.

Published: 05/11/2025 21:14:16