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EC 301 Intermediate Macroeconomics
Prater, Richard


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.

Course

EC 301 Intermediate Macroeconomics

Semester

S1D 2006 DA

Faculty

Prater, Richard

Title

Adjunct Faculty

Degrees/Certificates

Masters of Business Administration (MBA)
Bachelor of Arts (BA), Economics

Office Location

DMAFB

Office Hours

By Appointment

Daytime Phone

520-791-4554 Ext 107

Other Phone

520-954-3253

E-Mail

richard.prater@park.edu

richard.prater@tucsonaz.gov

Semester Dates

16 January - 12 March 2006

Class Days

--T-R--

Class Time

7:30 - 10:10 PM

Prerequisites

EC-141

Credit Hours

3


Textbook:
Macroeconomics Tenth Edition, Robert J. Gordon, Pearson/Addison-Wesley 2006.

Textbooks can be purchased though the MBS bookstore


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:
My educational philosophy is to integrate lecture, readings, and creative thought using concepts introduced by the text.  Students will develop the capability to tie theoretical ideas and models to real-world actions and reactions.  I will facilitate active learning to engage students to teach themselves and develop a fundamental capability to understand and use these concepts and ideas as tools for future reference.

  Instructor Learning Outcomes

  1. Derive and use the Keynesian cross, IS-LM, and AD-AS models.
  2. Explain how the evolution of the monetarist and new-classical theories.
  3. Describe how the new-Keynesian theory justifies the Keynesian policy prescriptions.
  4. Explain the relationship between the government-budget deficit and the trade deficit.
  5. Explain how national savings determines the trade deficit, not protectionism.
  6. Define supply-side economics and discuss how it explains the government-spending deficit.
  7. Research and write a term paper on a macroeconomics topic.
Class Assessment:
Examinations (Midterm and Final), class participation, research paper, presentation

Grading:
Class Participation 140
Research Paper / In-Class Presentation        150
Mid-Term Examination        125
Final Examination        125

Total 540 Points

Late Submission of Course Materials:
Classes missed for legitimate reasons will be excused with prior coordination as listed above. If you should miss a class due to an excused absence, you will be required to turn in an outline of each chapter missed.

Classroom Rules of Conduct:
Class participation is highly encouraged and will form part of the final grade.  You are expected to come to all classes.  Students arriving late or leaving early will lose attendance / participation credit if not coordinated with me prior to class.

Course Topic/Dates/Assignments:
17 Jan Introductions, Chapter 1
19 Jan Chapter 2,3
24 Jan Chapter 13
26 Jan Chapter 4
31 Jan Chapter 5
2 Feb Chapter 6
7 Feb Chapter 7, Review for Midterm
9 Feb Midterm; Research Paper/Presentation Topic Due
14 Feb Chapters 8
16 Feb Chapter 9
21 Feb Chapter 10
23 Feb Chapter 11
28 Feb In-Class Presentations
2 March Chapter 12
7 March Chapter 14, Review for Final
9 March Final Examination; Research Paper Due

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 2005-2006 Undergraduate Catalog Page 85-87

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. Park University 2005-2006 Undergraduate Catalog Page 85-87

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 2005-2006 Undergraduate Catalog Page 89

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 .

Additional Information:

Copyright:

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