EC 141 Principles of Macroeconomics
SP 2007 HOA
MacKay 30 D
Monday and Friday by appointment
11:00 - 12:15 PM
The Textbook for EC141 is:
Karl E. Case, Wellesley CollegeRay C. Fair, Yale University
Publisher: Prentice HallCopyright: 2007Format: Paper; 560 pp
Or, you can purchase the textbook that combines both EC141 and EC142:
Publisher: Prentice HallCopyright: 2007Format: Cloth; 896 pp
Textbooks can be purchased through the MBS bookstore
Textbooks can be purchased through the Parkville Bookstore
Wall Street Journal:
The WSJ is an excellent reference for this course. It is available at most libraries, in many offices, and other places. While not required for this course, it will enhance your understanding immeasurably. Low priced, special discounted rates for students (currently 15 weeks for $29.95) that include hard copy subscriptions with the online WSJ are available to you.
Click Here to subscribe online! http://wsjstudent.com/ Following this link and selecting Joseph Kubec as your instructor will let the WSJ folks know you are enrolled as a student in this course. Delivery will start in a few days and they will bill you directly, usually within 3 or 4 weeks.
McAfee Memorial Library - Online information, links, electronic databases and the Online catalog. Contact the library for further assistance via email or at 800-270-4347.Career Counseling - The Career Development Center (CDC) provides services for all stages of career development. The mission of the CDC is to provide the career planning tools to ensure a lifetime of career success.Park Helpdesk - If you have forgotten your OPEN ID or Password, or need assistance with your PirateMail account, please email email@example.com or call 800-927-3024Resources for Current Students - A great place to look for all kinds of information http://www.park.edu/Current/.
The instructor's educational philosophy is one of interactiveness based on lectures, readings, quizzes, dialogues, examinations, Internet, videos, web sites and writings.
The instructor challenges and engages each learner to encourage the lively exploration of ideas, issues, and contradictions. He believes that the application of theoretical concepts is equally important as the visualization of these concepts.
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:
The final course grade will be determined using the following measurements:
The following percentages will be used to assign course grades: 90% - 100% = A 80% - 89% = B 70% - 79% = C 60% - 69% = D Below 60% = F
The work you do in this course is valued as follows:
Homework Assignments 20% of grade 200 pointsThree Section Exams (15% each) 45% of grade 450 pointsComprehensive Final Examination 20% of grade 200 points Participation 5% of grade 50 points In Class Quizzes 10% of grade 100 points TOTAL 100% 1000 points
Note that point deductions will be made for nonparticipation and absences.
All examinations, including the section examinations and the final examination, are closed book and closed notes and will be taken in the classroom. No calculators, computers, or materials other than a writing instrument may be used during the examinations. Completion of the examinations is strictly individual and students may not work in groups to complete an examination.
Late Submission of Course Materials:
Late work will not receive full grade credit.
Work not turned by the due date, but which is turned in no more then 7 days late, will receive 1/2 the score it would have received otherwise. Work not received within 7 days of the due date will not be scored.
Work received after the last class meeting of the term will not be scored.
Classroom Rules of Conduct:
Any classroom conduct that disrupts the learning environment in the opinion of the instructor, will not be tolerated.
Turn off cell phones and other electronic communication devices before entering the classroom. Advise the instructor if you bring a recording device and plan to record the lecture for your notes
Also remember that computers make writing and revising much easier and more productive. Students must recognize though that technology can also cause problems. Printers run out of ink and hard drive crash. Students must be responsible for planning ahead and meeting deadlines in spite of technology. Be sure to save copies of your work to disk, hard drive, and print out paper copies for backup purposes.
Course Topic/Dates/Assignments: Note that the assignments, topics and examination dates in the following table are subject to change at the instructor's discretion.
Introduction to economics
chapters 1 and 2
Demand, Supply and Market Equlibrium
Demand and Supply applications
Introduction to Macroeconomics
Measuring National Output and Income
Section Examination 1
Growth, Productivity, unemployment and inflation
Aggregate expenditure and equlibrium output
The government and Fiscal Policy
Money supply and the Federal Reserve
Section Examination 2
Money and the interest rate
Aggregate demand and aggregate supply
The labor market
Macroeconomic issues and policy
Monetarism, new classical theory, and supply side economics
Section Examination 3
Final Examination Week
Comprehensive final Exam
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 89-90
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 .
Last Updated:12/6/2006 5:53:53 PM