ECON-2301 Principles of Macroeconomics

Nicholas Jenkins

Credit Fall 2025

Section(s)

ECON-2301-050 (20546)
LEC DIL ONL DIL

Course Requirements

This is an online class.  No Face-2-Face classes.  All exams and assignments must be submitted online via the Blackboard Ultra.  Please be sure you’re familiar with the Blackboard Ultra.

ECON 2301 – 20546 / 050

Principles of Macroeconomics

Instructor:      Mehrdad Setayesh

Fall 2025 (2nd 8-Week Session):     October 20, 2025  –  December 14, 2025

Class Time:      No Face-2-Face classes. 

Office Hours:    Tues & Thur;  6:00 PM – 6:30 PM  (Section 20546 / 050)

Office Location:      Please join Blackboard Ultra Live Sessions during Office Hours, E-mail me or call me.

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:  Monday, December 8, 2025

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

Mid-Term 1 Due Friday, November 7, 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, Nov 21, 2025)      15%   (Answer questions using current Economics data)

Second Special Project Due Friday, December 5, 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. 

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 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

Office Hours

Published: 05/11/2025 13:09:35