EC 141 Principles of Macroeconomics
FA 2006 HO
Assistant Professor of Economics
M 10am-12pm, W 10-11am, F 10am-12pm
816 584 6867
Aug. 21-Dec. 15
9:00 - 9:50 AM
Textbook: Macroeconomics: Principles, Problems, and Policies by Campbell McConnell and Stanley Brue, 16th Edition, The McGraw-Hill Companies Inc., 2005.
Textbooks can be purchased though the Parkville Bookstore
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Educational Philosophy: The facilitator's educational philosophy is one of interactiveness based on lectures, readings, quizzes, dialogues, examinations, internet, videos, web sites and writings. The facilitator will engage each learner in what is referred to as disputatious learning to encourage the lively exploration of ideas, issues and contradictions. The instructor is new to Park and a recent PhD, so please do not hesitate to bring to him any concerns and suggestions.
Learning Outcomes: Core Learning Outcomes
All Park University courses must include a core assessment that measures the course's Core Learning Outcomes. The purpose of this assessment is to determine if expectations have been met concerning mastery of learning outcomes across all instructional modalities. For this course, the core assessment is a final exam to be administered in all sections of EC 141. This exam is worth 20 percent of the student's final grade and will test students' mastery of four Core Learning Outcomes (Outcomes 1, 2, 3, and 4 listed on this syllabus) through definitions, short essay, and graphing questions. For each core outcome, the student should be prepared to draw the relevant graph by hand, define basic concepts or policies, identify relevant shifts in the curves, and state final impacts on relevant variables.
The core assessment is a CLOSED BOOK, CLOSED NOTES exam that must be administered and proctored in the classroom and may not be given as a take-home exam. Students should not have access to the exam or its questions before it is administered. The duration of the exam can be no longer than two hours. No calculators, computers, or materials other than a writing instrument may be used for the exam; this applies to all students, regardless of whether the exam is for on-line or face-to-face students. Completion of the exam is strictly individual; students may not work in groups to complete the exam.
Link to Class RubricClass Assessment: Based on examinations, quizzes, homework, class presentation, and homework. Tests will have multiple choice, and/or short answer, and have problem solving and analyzing questions.
Test 1: 20%
Test 2: 20%
Test 3: 20%
Final exam: 25% Current events/presentations, participation: 10%
The comprehensive final will not be take-home. It is a closed book, closed notes exam.
Up to 5% extra credit can be earned through pop quizzes which will be given unannounced during the semester. This extra credit will be added to your final grade. That will be the only way to earn extra credit. Absolutely NO MAKE-UP.
The following defines the letter grade: A = 90 - 100% B = 80 - 89% C = 70 - 79% D = 60 - 69% F = 59% and below.
Twice during the semester, students will bring in one article of economic interest. These can be from an economic newspaper/ magazine, business journal, or from economic site on the internet. Students will give a brief (about 5 minute) presentation of their current event article to the class. Please indicate the economic relevance of the article to our class before your presentation. Dates for presentation can be requested by the students or assigned by the instructor. Failure to make a presentation on a day when a student is assigned to do so will result in a loss of 3% of the presentations/participation grade.
Late Submission of Course Materials: No late submissions will be accepted.
Classroom Rules of Conduct:
Do not use cell phones in class. Absolutely no cell phones during tests. You are allowed to use only a simple hand-held calculator.
Please observe good discipline and do not be tardy.
Do not wear hats during tests.
Late arrivals: Students arriving late to an exam or quiz may take the exam only if no other student has turned in the exam/quiz. If another student has completed the exam/quiz, the late student cannot take the exam/quiz.
Dates and assignments are tentative and subject to change.
Week #1 Introduction, and class administration. An Introduction to Economics and the Economy
Ch. 1-2Week #2 Review Chapters 1 – 2Review Homework assignments Oral presentations of current events 3 Supply and Demand
4 The Market System Week #3 Review Chapters 3,4Review Homework assignments Oral presentations of current events
6 The United States in the Global Economy 7 Measuring Domestic Output and National Income Week #4 Test 1 and review Oral presentations of current events Week #5 Oral presentations of current events
8 Introduction to Economic Growth and Instability 9 Basic Macroeconomic Relationships
Review Homework assignments Oral presentations of current events 10 The Aggregate Expenditures Model
11 Aggregate Demand and Aggregate Supply
Week #7 Review Chapters 11 & 12 Review Homework assignments Oral presentations of current events 12 Fiscal Policy
13 Money and Banking
Test 2 and review
Oral presentations of current events
Week #9Review Homework assignments Oral presentations of current events
14 How Banks and Thrifts Create Money 15 Monetary Policy
Week #10 Review of Homework
17 Economic growth
Review of Homework
20 International trade
Test 3 and review
21 Exchange rates
Disputes over Macro Theory and Policy
Review for the final
Coverage of any uncovered material from the chapters
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 2006-2007 Undergraduate Catalog Page 87-89
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 2006-2007 Undergraduate Catalog Page 87
Attendance Policy:Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.
Park University 2006-2007 Undergraduate Catalog Page 89-90All excused absences require written documentation and prior notification. Valid excuses include documented medical emergencies, inability to attend school due to a medical reason (as signed by a physician), death in the immediate family.
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. 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 .
Sources for your class presentations on current events:
The Wall Street Journal, the Economist, National Review, www. cnn.com.
There will be NO make-up tests during the semester. If you skip a test, then your final will count for 45% of your grade. If you skip a second test and you do not notify the instructor before the test, your grade for the second test will be 0. The only way you can get a make up on a second missed test is if you notify the instructor in advance AND there is a genuine emergency documented with written evidence. Makeup tests will be rarely given and will have a different structure and will include material presented since the exam. Makeup tests will only be given during the final week.
Grades will not normally be curved.
Last Updated:8/22/2006 10:22:28 AM