PRINCIPLES OF
MACROECONOMICS
ECON 2301
SECTION 11327
Spring 2008
Riverside Campus RM 2211
Monday 7:05-9:45
PM
INSTRUCTOR:
Cedric Grice
Phone: 512-809-0311 (cell)
E-Mail: cgrice1292@aol.com
ACC Web site: www.austincc.edu/cgrice
Office hours: Monday 6:00-7:00 PM in
classroom
Conferences: By appointment
TEXT:
Roger A. Arnold, MACROECONOMICS, 8e
COURSE DESCRIPTION:
Principles of Macroeconomics deals with
consumers and producers as a whole, the effects of government spending and
taxation policies, and the effects of the Federal Reserve Bank’s monetary
policy. Macroeconomics is concerned with unemployment, inflation, and the
business cycle.
COURSE RATIONALE:
This course is meant to give students
insight into the dynamics of our national economy. The knowledge gained will
make students better informed citizens and allow them to follow the debates
over national economic policy reported in the news media. This course is also a
foundation course that will prepare students to be successful in upper division
finance, marketing, business, economics, government, and social work courses.
Course Objectives:
Students who complete this course will
be able to understand:
-the meaning of
unemployment and inflation data and how that data
is collected and computed;
-the meaning and components of national income
accounts, especially GDP;
-the meaning of the
business cycle and its stages;
-the basic aggregate
demand / supply model of the macro economy;
-how fiscal policy
operates, its tools, and its advantages and drawbacks;
-how a fractional reserve
banking system works;
-how monetary policy
operates, its tools, and its advantages and drawbacks
INSTRUCTIONAL METHODOLOGY:
This is a lecture class with discussion of
text material, text end-of-chapter questions, and review quizzes. It is
essential that the student read the assigned reading material PRIOR to
attending class in order to be academically prepared for the lectures, the
class discussions and quizzes.
GRADE DETERMINATION
90-100 = A 80-89 = B
70-79 = C 60-69 = D < 60 = F
Final grade will be determined
as follows:
33% Quiz Average – 33%
Mid-Term Exam – 33% Final Exam
All exams and quizzes are
be multiple choice with a minimum of 4 possible answers.
Students who miss
scheduled exams will not be given make-up exams unless PRIOR arrangements are
made at least two weeks before the quiz or exam with the instructor.
All grades will be posted where
every student has access.
COURSE POLICIES:
All ACC guidelines and
policies as outlined in the student handbook and the college catalog will be
followed (scholastic dishonesty, withdrawals, incomplete grades, etc.)
Concerning freedom of expression, each student is strongly encouraged to
participate in class. In any classroom situation that includes
discussion and critical
thinking, there are bound to be many differing viewpoints. These differences
enhance the learning experience and create an atmosphere where students and
professors alike will be encouraged to think and learn. On sensitive and volatile topics, students
may sometimes disagree not only with each other but also with the
professor. Regardless, all views and
comments will be respected
when expressed in classroom discussions.
Attendance will be taken. Students are expected to attend class and
participate. Excused absences will be accepted if it is annotated on a timely
basis. (The definition of timely will be determined by the professor.)
Scholastic Dishonesty:
Acts prohibited by the
College for which discipline may be administered include scholastic dishonesty,
to include but not limited to cheating on an exam or quiz, plagiarizing, and
unauthorized collaboration with another in preparing outside work. Academic work submitted by students shall be
the result of their
own thought, research or
self-expression. Academic work is
defined as, but not limited to tests, quizzes, whether taken electronically or
on paper; projects, either individual or group; classroom presentations, and homework. If a student participates in scholastic
dishonesty, the student will be dropped and a grade
of F will be recorded.
Students with Disabilities:
Each ACC campus offers
support services for students with documented physical or psychological special
needs. Such students must request
reasonable accommodations through the Office for Students with Disabilities on
the campus where they expect to take the majority of their classes. Students are encouraged to do this three
weeks before the start of the semester.
CLASS SCHEDULE:
(NOTE: THIS CLASS SCHEDULE
IS A GUIDELINE AND IS SUBJECT TO CHANGE AS NEEDED AS THE SEMESTER PROGRESSES)
|
Date |
Lecture |
Part |
Quiz |
Exam |
|
|
||||
|
January 14 |
Chapter 1 |
I |
|
|
|
January 21 |
|
|
|
|
|
January 28 |
Chapter 2,3 |
I |
1–Chapter 1 |
|
|
February 4 |
Chapter 4,5 |
I & II |
2-Chapter 2&3 |
|
|
February 11 |
Chapter 6,7 |
II & III |
3-Chapter 4&5 |
|
|
February 18 |
Chapter 8,9 |
III |
4-Chapter 6&7 |
|
|
February 25 |
Chapter 10 |
III |
5-Chapter 8&9 |
|
|
|
||||
|
March 3 |
Chapters
1-10 |
|
Mid-Term |
|
|
|
||||
|
March 10 |
Spring
Break |
|||
|
|
||||
|
March 17 |
Chapter 11,12 |
IV |
|
|
|
March 24 |
Chapter 13,14 |
IV |
6-Chapter 11&12 |
|
|
March 31 |
Chapter 15,16 |
V |
7-Chapter 13&14 |
|
|
|
|
|
|
|
|
April 7 |
|
|
8-Chapter 15&16 (On
Line) |
|
|
April 14 |
Chapter 17,18 |
VI |
|
|
|
April 21 |
Chapter 19,20 |
VI & VII |
9-Chapter 17&18 |
|
|
April 28 |
|
|
10-Chapter 19&20 |
|
|
|
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|
May 5 |
Chapters
11-20 |
|
Final |
|
|
|
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