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 MacroeconomicsSemesterS2R 2010 SCXFacultyThompson, John R.TitleAdjunct FacultyDegrees/CertificatesMaster of Science (M.S.) in Policy AnalysisBachelor of Arts (B.A.) in EconomicsConcentration in Money & Banking and FinanceOffice LocationScott AFB Education CenterOffice Hours1 hour prior to class and by appointment. Available as needed via telephone and e-mail.Daytime Phone(618) 980-1398E-Mailjohn.email@example.com@sbcglobal.netSemester DatesMarch 20th, 2010 - May 8th, 201Class DaysSaturday morningsClass Time8:00 a.m. - 1:00 p.m.PrerequisitesEC141 and EC 142Credit Hours3Textbook: Macroeconomics; Gordon, Robert J., 11th Edition, Addison Wesley, copyright 2008.
Textbooks can be purchased through the MBS bookstoreAdditional Resources: 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 firstname.lastname@example.org or call 800-927-3024Resources for Current Students - A great place to look for all kinds of information http://www.park.edu/Current/.http://www.economist.comhttp://www.fee.orghttp://www.mises.orghttp://www.bloomberg.comCourse 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.Educational Philosophy: The instructor has a responsibility to create a learning environment where students are engaged to explore critical economic ideas, issues and problems.Learning Outcomes: Core Learning OutcomesExplain the evolution of the monetarist and new classical theories.Describe how new-Keynesian theory justifies the Keynesian the Keynesian policy prescriptions.Explain the relationship between the government budget deficit and the trade deficit.Explain how national savings determines the trade deficit, not protectionism.Define supply-side economics and discuss how it explains the government spending deficit.Analyze graphically the AD-AS model, the Keynesian cross, and the IS-LM model. Identify all relevant curves and causes for shifts in the curves. Instructor Learning OutcomesDelineate and explain at least three (3) benefits from the study of macroeconomic concepts and models. Identify and explore the fundamental premises and assumptions which form the basis for all economic principles.Compare and contrast the Keynesian and Monetarist paradigm in connection with the analysis of macroeconomic phenomena.Core Assessment: Write a paper analyzing the different approaches
that might be used by Keynesian theorists and monetary theorists to promote long-run
macroeconomic stability. Examine the impact of persistent budget deficits on
the trade deficit and analyze the options available to policy makers when
national savings presents opportunities to improve the trade deficit. Appraise
the position of supply-side economists as it relates to government deficits. Evaluate
recent national economic policies as they relate to the magnitude of the trade
deficit and analyze the arguments for protectionist policies and the effect, if
any, upon the trade deficit.Link to Class RubricClass Assessment: Final grade will be determined and calculated based on the following tasks, evaluation methods and fraction of possible total points:
1. One (1) open-book examinations (30%);
2. One (1) comprehensive, closed-book exam (30%);
3. Paper Assignment ("Core Assessment" Activity) (30%);
4. Attendance/Participation (10%);
This course will have a total of 500 possible points. Total points will be allocated along the following basis: exams (300 points), analytical paper (150 points), and attendance/participation (50 points).
Grading Scale: 90% - 100.0% A 80% - 89.5% B 70% - 79.5% C 60% - 69.5% D Below 60.0% F
A failing grade involves a total point score of less than 300 points and/or 3 or more unexcused absences. Each student must pass the final exam with a 60% or higher to pass the course regardless of previous course work.
Grading: 1. Two (2) examinations (60%);
2. Paper Assignment ("Core Assessment" Activity) (30%);
3. Attendance/Participation (10%).
Notes: 4 points deducted for every unexcused absence. See "Class Assessment" section above for additional details with regard to grading scale and performance evaluation. The analytical paper (see "Core Assessment" section above) represents the Core Assessment activity, and represents 30% of the course final grade. The course grade for students will be based on the overall average of homework and tests taken during the course in accordance with the weighting of the various requirements as stated in the syllabus.
EC 301 Intermediate Macroeconomics
S2R 2010 SCX
Thompson, John R.
Master of Science (M.S.) in Policy AnalysisBachelor of Arts (B.A.) in EconomicsConcentration in Money & Banking and Finance
Scott AFB Education Center
1 hour prior to class and by appointment. Available as needed via telephone and e-mail.
March 20th, 2010 - May 8th, 201
8:00 a.m. - 1:00 p.m.
EC141 and EC 142
Textbooks can be purchased through the MBS bookstore
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/.
Educational Philosophy: The instructor has a responsibility to create a learning environment where students are engaged to explore critical economic ideas, issues and problems.
Learning Outcomes: Core Learning Outcomes
Link to Class RubricClass Assessment:
The course grade for students will be based on the overall average of homework and tests taken during the course in accordance with the weighting of the various requirements as stated in the syllabus.
All final exams in all School of Business courses will be comprehensive and will be closed book and closed notes. They will constitute 30% of the total course grade and will not be a take-home exam. They will be completed during the test week in the period designated by the registrar or by the Proctor in the case online courses. If calculators are allowed, they will not be multifunctional electronic devices that include features such as: phones, cameras, instant messaging, pagers, and so forth. Electronic Computers will not be allowed on final exams unless an exception is made by the Dean of the School of Business.
Classroom Rules of Conduct: Students are expected to attend all scheduled classes unless previously excused by the instructor. Punctuality and promptness are necessary to assure an orderly start and finish to every session. Students are expected to conduct themselves in a positive and constructive manner before, during and after class. Given the accelerated nature of the course, it is imperative that students have completed all reading and homework assignments prior to class, and be prepared for the scheduled activitiesa and content discussion as delineated by the syllabus.
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 2009-2010 Undergraduate Catalog Page 92In addition, academic dishonesty refers, but is not limited, to the following: the act of plagiarism (see definition below) in connection with any work required to be performed only by the individual student, and any behavior or act in connection with the taking of an examination deemed by the instructor and Park University as cheating. If it is reported and conclusively determined that academic dishonesty has occured, the student will be given an "F" for the course. This policy will be followed in all cases and under all circumstances.
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 2009-2010 Undergraduate Catalog Page 92
Attendance Policy:Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.
Park University 2009-2010 Undergraduate Catalog Page 95
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:2/27/2010 2:45:41 PM