SYLLABUS—Collins
Spring 2017 ECO 2013 Principles Of Macroeconomics
T 7:00-9:45 PM CRN 20340
Instructor:Office:
Course:
Credit Hours:
Email Address & Communication:
Class Meeting
Contact Numbers
Office Hours: / Darlene S. Collins
Building 11-103
ECO 2013 Principles of Macroeconomics
Three (03)
- When sending an email, please include your full name and your class meeting time. T 7:00
- Faculty Frontdoor Website
Social Science Department: (407) 299-5000 EXT. 1203
Fax: (407) 582-1675
By appointment only
Required Textbook / McConnell, Campbell R.,Brue, Stanley L. and Flynn, Sean M., Macroeconomics: Principles, Problems and Policies with Connect, 20th ed. McGraw-Hill Irwin, 2015.Optional Reading:
Course Description:
Prerequisites: / The Wall Street Journal. You can get the WSJ at some newsstands or by signing up in class or by going to wsj.com and ordering it online. It is the paper for the most detailed examination of economics you can read on a daily basis.
This course gives an overall scope of the performance, structure, and activities within an economic system that is influenced by government policy. Topics within this field include: national income accounting, consumption, saving and investment, government spending in economic activity, influence of government money and banking, problems of inflation, recession, and unemployment, fiscal and monetary policies, international trade and its influence and its impact on domestic economic activity. For prospective economic majors and students with interest in specialized business curricula, completion of full Principles of Economics sequence (ECO 2023 and ECO 2013) is highly recommended
None; however it is recommended that students are comfortable with grade school level thirteen math.
Valencia Student Core Competencies: / The Valencia Student Core Competencies (Think, Value, Act, and Communicate) are an established component of the College’s curriculum development and review process. A detailed overview can be found in the current Valencia Catalog or on the ValenciaWebsite .
LifeMap: / LifeMap is Valencia’s name for the system of services and programs designed to help students define and meet their life, career and educational goals. LifeMap is your guide for figuring out “what you need to do when,” in order to achieve your goals. The LifeMap handbook is laid out to guide you through the process of achieving those goals in a timely manner. Every student should have a student handbook.
Goals:
Attendance Policy
(Attendance Policy continued) / Economics is the study of choices made by people faced with scarce resources. Because resources are scarce, every decision that you have made or will ever make in life involves economics. Economics is known as the dismal science because this problem of scarcity cannot be permanently solved. Economics is both a practical and an academic discipline. As a result, economic theories are affected by changes in world economic trends as well as by advances in economic research. In this course, students will acquire an understanding of several macroeconomic theories by examining how the economy functions. Learning to analyze problems and make decisions is a major theme throughout the course. What you learn in this course will help you to make informed decisions in your role as voters, consumers, workers and citizens.
Class attendance is critical to understanding the material and adding value to the classroom. A daily roll will be called. Please note that the students arriving late to class or leaving before class is dismissed will be counted as absent and lose participation points. If you are late twice that will also be equal to an absence. Students are
responsible for all class materials and any announcements made in class whether or not they are present. More than two absences will be considered as excessive and will negatively impact your grade. Moreover, disruptions in class that come from students arriving late or leaving late will not be tolerated. Please be aware of the Valencia
Community College policy regarding excessive absences.
(Academic Dishonesty and Student Code of Classroom (Online) Conduct Continued) / Any student found guilty of academic dishonesty or cheating in academic work shall be subject to disciplinary action.
- Student Code of Conduct
- policy
- Copyright Policy
- Educational Work Products
- Discrimination and Harassment
- Information Technology Resources
- Acceptable Use of Information Technology Resources
- FERPA and Student Records
- Student Records Procedure
All forms of academic dishonesty are prohibited at Valencia. Academic dishonesty included, but is not limited to, plagiarism, cheating, furnishing false information, forgery, alteration or misuse of documents, misconduct during a testing situation, and misuse of identification with intent to defraud or deceive. All work submitted is expected to consist of the student’s own individual ideas, expression, and research. Whenever a student is using any content from another source, it must be appropriately cited.
Cheating will not be tolerated and result in an automatic “F” in the course.
Students With Disabilities / Students with disabilities who qualify for academic accommodations must provide a Notification to Instructor (NTI) form from the Office for Students with Disabilities (OSD) and discuss specific needs with the professor, preferably during the first two weeks of class. The Office for Students with Disabilities determines accommodations based on appropriate documentation of disabilities.
West Campus SSB, Rm. 102 Phone: 407-582-1523; Fax: 407-582-1326
Baycare Behavioral Health’s Student Assistance Program: / Valencia is committed to making sure all our students have a rewarding and successful college experience. To that purpose, Valencia students can get immediate help that
may assist them with psychological issues dealing with stress, anxiety, depression, adjustment difficulties, substance abuse, time management as well as relationship problems dealing with school, home, or work. Students have 24 hour unlimited access to the Baycare Behavioral Health’s confidential students assistance program phone counseling services by calling (800) 878-5470. Three free confidential face-to-face counseling sessions are also available to students.”
In-Class Assignments/Participation Points /
- Problems will be assigned at the end of each chapter and may be discussed to enhance the student’s understanding of the material. Students should bring their textbooks to each class in order to earn participation points.
- In-class group activities/discussions may be used to supplement participation points as time permits.
- Class participation and morale will be based on Valencia Community College’s core competencies: Think, Value, Act, and Communicate.
Acquainting yourself with Blackboard for Macroeconomics: /
- Each student will need an Internet connection to access the Black Board site. For this course, Black Board will be used primarily to access supplementary course materials and grades. If this is your first time using Blackboard, it is advisable that you visit Blackboard 9.1 (BB9.1) Student Orientation.
Exams/Makeup Exams/Testing:
Quizzes/Extra Credit:
Research Position Paper: /
- There will be three unit exams given during the semester and each exam will cover about 3-5 chapters. The final exam will include the remaining chapters covered after Unit Exam 3. Students will be responsible for material covered in
- ***Official test dates and sessions will be announced in class and each student will be held responsible for these announcements.***
- Make-up unit exams will only be given in the cases of documented emergencies. For any other situation, the responsibility will fall on the student to document any request to take a comprehensive final at the end of the course to replace any missed
- exams. The grade assignment for any missed exam will be a zero.
- The Final Exam is scheduled for Tuesday, April 25th, from 7:45 --10:15 p.m.
A research project paper will be due this semester. Further details about the paper will be given at a later date.
Final Exam Policy / To receive credit for a course for which you are registered, you must take the final examination. It is your responsibility to know when and where the final examination is scheduled and to be present and on time. If you do not take the required final examination, you will receive a grade of “F” for the course.
Grading Scale/Policy / The grading scale is based on the following criteria:
End of Unit Tests (3): 60% (20% each)
Final Exam: 20%
Classroom Participation: 5%
Quizzes: 5%
Research Position Paper 10%
Grade Points:
90-100 = A; 80-89 = B; 70-79 = C; 60-69 = D; Less than 60 points = F.
Student Conduct/Classroom Behavior
/ According to the Code of Student Conduct, as established by Valencia Community College: “…students who engage in any prohibited or unlawful acts that result in disruption of a class may be directed by the professor to leave the class. Violation of any Valencia policies/procedures or classroom rules may lead to disciplinary action up to and including expulsion from the College. Disciplinary action could include being withdrawn from the class, disciplinary warning, probation, suspension, expulsion, or other appropriate and authorized actions.” Valencia’s Student Code of Classroom Conduct can be found in the current Student handbook.ECO 2013 – Spring 2017
General Course Objectives:
- Describe the role of the major participants in the economy and how they affect it.
- Recognize the role that self-interest and rational behavior plays in the decision-making process.
- Identify the key variables necessary for assessing the status of the economy.
- Recognize the major schools of economic thought and their approach to solving economic problems.
- Understand how scarcity frames the basic economic decision making process and resource allocation.
- Understand the basis for and implications of international trade.
- Understand the economic foundation of political parties.
- Understand the market system and how prices are established.
- Understand the role of economic freedom in shaping markets worldwide.
- Recognize and weigh different perspectives in primary and secondary sources.
- Produce original work and scholarly research.
- Connect learning across academic disciplines.
***********Disclaimer: The instructor reserves the right to amend or make changes in the syllabus at any time during the course. It is the student’s responsibility to stay informed of any changes.***************************************************
Tentative Schedule of Topics CoveredDate /
Topics Covered
/ Chapters AssignedJan 10
/ Class Lecture: Limits, Alternatives, and Choices / 1Jan 17
/ Class Lecture: The Market System and the Circular Flow / 2Jan24
/ Class Lecture: Demand, Supply, and Market Equilibrium / 3Jan 31
/ Class Lecture: Market Failures: Government’s Role and Government Failure; An Introduction to MacroeconomicsExam 1 (Unit 1: Chapters 1,2, & 3) / 5,6
Feb 7
/ Class Lecture: An Introduction to Macroeconomics / 6Feb 14
/ Class Lecture: Measuring Domestic Output and National Income / 7Feb 21
/ Class Lecture: Economic Growth; Business Cycles, Unemployment and InflationExam 2 (Unit 2: Chapters 5, 6, & 7) / 8,9
Mar 7
/ Class Lecture: Aggregate Demand and Aggregate Supply / 12Mar 14
/ *******Valencia College will be closed from March 13th until March 19th for Spring Break*****************Mar 21
Mar 28 / Class Lecture: Fiscal Policy, Deficits, and DebtClass Lecture: Money, Banking, and Financial Institutions
Exam 3 (Unit 3: Chapters 8,9,10,12,13) / 13
14
Date / *****(See the next page for the continuation of the Tentative Topics Schedule*****)
(Tentative Schedule of Topics Covered Continued…) / Chapters
Assigned
April 4
/ Class Lecture: Money, Banking, and Financial Institutions; Money Creation / 14,15Apr 11
/ Class Lecture: Interest Rates and Monetary Policy; Extending the Analysis of Aggregate Supply / 16,18Apr 18
/ Class Lecture: Extending the Analysis of Aggregate Supply; International Trade / 18,20- .The Final Exam is scheduled for Tuesday, April 25th, from 7:45 --10:15 p.m.
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