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EC 301 Intermediate Macroeconomics
Welles, Henry


Mission Statement: The mission of Park University, an entrepreneurial institution of learning, is to provide access to academic excellence, which will prepare learners to think critically, communicate effectively and engage in lifelong learning while serving a global community.

Vision Statement: Park University will be a renowned international leader in providing innovative educational opportunities for learners within the global society.
CourseEC 301 Intermediate Macroeconomics BEI
SemesterS2A2005
FacultyWelles, Henry
TitleSenior Adjunct Instructor
Degrees/CertificatesB.A. Centre College
M.P.Aff. The University of Texas at Austin
Daytime Phone512/491-1368
E-MailHenry.Welles@pirate.park.edu
Semester Dates3/14/05-5/8/05 Enrollment Adjustment 3/14-3/21 Last Date to Withdraw 4/17
Class DaysM/W except for two Sunday classes
Class Time8-10:30 p.m. M/W 4:00-6:30 p.m. Sunday
Credit Hours3

Textbook:
Gordon, Robert J. Macroeconomics, ninth edition. Boston: Addison-Wesley, 2003.


Course Description:
This course begins with a review of national income concepts including national income accounting. It analyzes fiscal and monetary policy using the ISLM model. The primary course focus is on the critical analysis of fiscal, monetary, new Keynesian, and new classical models and their success in explaining economic stability and the stimulation of economic growth. Pre-requisite: EC141. 3:0:3

Educational Philosophy:
The instructor's educational philosophy is one of interactiveness, based on lectures, dialogues, readings, examinations, and writings. The instructor will engage each student in what is referred to as disputatious learning to encourage the lively exploration of ideas, issues and contradictions.

Learning Outcomes:
Learn economics measurement.
Become familiar with income, interest rates, and policy in the open economy.
Know about inflation and unemployment
Study economic growth and public finance
Learn stabilization policy in an open economy
Become familiar with private economy sources of instability.
Study debates at the macroeconomic frontier.

Course Assessment:
Examinations and papers will be graded on focus, development, organization, and mechanics.

Grading:
Final Examination:                  35 percent
Midterm Examination:                30 percent
Papers:                             30 percent
Class Participation:                 5 percent

Late Submission of Course Materials:
Late submissions will be marked down.

Classroom Rules of Conduct:
1. Come to class on time.
2. Tell me in advance if you cannot make class.
3. You will make up midded midterm examinations at my discretion.
4. Make up final examinations, permitted only in extraordinary circumstances, will require written documentation and approval of the campus director.

Course Topic/Dates/Assignments:
1. March 14, Gordon, chapters 1-2.

2. March 16, Gordon, chapter 3

3. March 21, Gordon, chapter 4

4. March 23, Gordon, chapter 5

5. March 30, Gordon, chapter 6

6. April 3, Gordon, chapter 7

7. April 4, Gordon, chapter 8

8. April 6, Gordon, chapter 9

9. April 11, Midterm Examination

10. April 13, Gordon, chapter 10

11. April 18, Gordon, chapters 11-12

12. April 20, Gordon, chapter 13

13. April 24, Gordon, chapter 14

14. April 27, Gordon, chapters 15-16

15. May 2, Gordon, chapters 17-18

16. May 4, Final Examination

 Class Activities
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Academic Honesty:
Academic integrity is the foundation of the academic community. Because each student has the primary responsibility for being academically honest, students are advised to read and understand all sections of this policy relating to standards of conduct and academic life.  
Park University 2004-2005 Undergraduate Catalog
Page 101

Plagiarism:
Plagiarism involves the use of quotations without quotation marks, the use of quotations without indication of the source, the use of another's idea without acknowledging the source, the submission of a paper, laboratory report, project, or class assignment (any portion of such) prepared by another person, or incorrect paraphrasing. <a href="http://www.park.edu/catalog">
Park University 2004-2005 Undergraduate Catalog</a> Page 101

Attendance Policy:
Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.

  1. The instructor may excuse absences for valid reasons, but missed work must be made up within the semester/term of enrollment.
  2. Work missed through unexcused absences must also be made up within the semester/term of enrollment, but unexcused absences may carry further penalties.
  3. In the event of two consecutive weeks of unexcused absences in a semester/term of enrollment, the student will be administratively withdrawn, resulting in a grade of "WH".
  4. A "Contract for Incomplete" will not be issued to a student who has unexcused or excessive absences recorded for a course.
  5. Students receiving Military Tuition Assistance or Veterans Administration educational benefits must not exceed three unexcused absences in the semester/term of enrollment. Excessive absences will be reported to the appropriate agency and may result in a monetary penalty to the student.
  6. Report of a "F" grade (attendance or academic) resulting from excessive absence for those students who are receiving financial assistance from agencies not mentioned in item 5 above will be reported to the appropriate agency.

Park University 2004-2005 Undergraduate Catalog Page 100

Disability Guidelines:

Park University is committed to meeting the needs of all students that meet the criteria for special assistance. These guidelines are designed to supply directions to students concerning the information necessary to accomplish this goal. It is Park University's policy to comply fully with federal and state law, including Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, regarding students with disabilities. In the case of any inconsistency between these guidelines and federal and/or state law, the provisions of the law will apply. Park University is committed to meeting the needs of all learners that meet the criteria for special assistance. These guidelines are designed to supply directions to learners concerning the information necessary to accomplish this goal. It is Park University's policy to comply fully with federal and state law, including Section 504 of the Rehabilitation Act of 1973 and the American with Disabilities Act of 1990, regarding learners with disabilities and, to the extent of any inconsistency between these guidelines and federal and/or state law, the provisions of the law will apply. Additional information concerning Park University's policies and procedures related to disability can be found on the Park University web page:
http://www.park.edu/disability
 
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Copyright:
This material is copyright and can not be reused without author permission.