Download ECON 2101-007: PRINCIPLES OF MACROECONOMICS Syllabus for Fall 2015 Friday 142

ECON 2101-007: PRINCIPLES OF MACROECONOMICS
Syllabus for Fall 2015
3:30 p.m. – 4:45 p.m. MW
Friday 142
Instructor
Rob Roy McGregor
227C Friday Building
Phone 704-687-7639
Email [email protected]
Office Hours
2:30 p.m. – 3:15 p.m. MW & 4:45 p.m. – 5:30 p.m. MW
If the hours established are not convenient, feel free to make an appointment with me for another time or to
stop by at another time when I am in the office.
Textbook
The required textbook for this course is Principles of Macroeconomics, v. 2.1, by Libby Rittenberg and
Timothy Tregarthen (Washington, DC, Flat World Knowledge, 2014). The appropriate readings for each
topic are indicated on the course schedule at the end of the syllabus.
Course Objectives
Macroeconomic analysis is the study of a nation’s economy as a whole. It involves analysis of the factors
that affect aggregate output and income, employment and unemployment, inflation, and economic
growth. ECON 2101 provides (1) a foundation in basic economic analysis and (2) a framework for
thinking about the effects that significant economic shocks and policy actions may have on the domestic
and international business environments.
Means of Student Evaluation
Your grade in this course will be determined by your performance on 10 short quizzes, 3 tests, and a
comprehensive final examination. These components will be weighted as follows: 1% for each of the 10
short quizzes, 20% for each of the 3 tests, and 30% for the comprehensive final examination.
As a general rule, make-up quizzes and tests will not be given. The weight of missed quizzes and missed
tests will be added to the weight of the comprehensive final examination. The quizzes will include both
multiple-choice questions and short-answer questions. The tests and the comprehensive final examination
will include only multiple-choice questions.
Letter grades for the course will be based on the following scale:
A
B
C
D
F
90% and above
80%-89.99%
70%-79.99%
60%-69.99%
below 60%
NOTE WELL: Grades will be based solely on your performance on the 10 short quizzes, the 3 tests, and the
comprehensive final examination. Individual extra credit assignments will NOT be made.
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Attendance
Regular attendance is expected and should be considered essential to satisfactory performance in this
course because not all of the material presented in class will be found in the required textbook. You are
responsible for this material and for any other work that you miss because of an absence from class.
Academic Integrity
Students are required to abide by the UNC Charlotte Code of Student Academic Integrity. Violations of
the Code will result in disciplinary action as provided in the Code. The Code is available from the Dean
of Students Office or online at http://legal.uncc.edu/policies/up-407.
Disability Accommodations
UNC Charlotte is committed to access to education. If you have a disability and need academic
accommodations, please provide a letter of accommodation from the Office of Disability Services early in the
semester. For more information about accommodations, you may contact the Office of Disability Services at
704-687-0040 or visit the Office of Disability Services itself in Fretwell 230.
Other
The standards and requirements set forth in this syllabus may be modified at any time by the course
instructor. Notice of such changes will be by announcement in class and by email.
On any given class day, if I am more than 15 minutes late for class and you have received no notification
from me to the contrary, you may assume that class is canceled.
The Belk College of Business strives to create an inclusive academic climate in which the dignity of all
individuals is respected and maintained. Therefore, we celebrate diversity that includes but is not limited
to ability/disability, age, culture, ethnicity, gender, language, race, religion, sexual orientation, and socioeconomic status.
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Course Schedule
All of the readings listed on the course schedule below are from the Tregarthen and Rittenberg textbook.
Date
Topics
Readings
August 26
Course Requirements, Policies, & Procedures
Course Overview
Chapter 1, “Economics: The Study of Choice”
August 31
Basic Economic Concepts: Part I
Chapter 2, “Confronting Scarcity: Choices in
Production”
September 2
Basic Economic Concepts: Part II
Chapter 2, “Confronting Scarcity: Choices in
Production”
Quiz #1
September 7
Labor Day Holiday
No Class
September 9
Demand, Supply, & Price Determination: Part I
Chapter 3, “Demand and Supply”
Quiz #2
September 14
Demand, Supply, & Price Determination: Part II
Chapter 3, “Demand and Supply”
September 16
Applications of Demand-Supply Analysis
Chapter 4, “Applications of Demand and Supply”
Quiz #3
September 21
Measuring Economic Performance: Part I
Chapter 5, “Macroeconomics: The Big Picture”
September 23
Test #1
None
September 28
Measuring Economic Performance: Part II
Chapter 6, “Measuring Total Output and Income”
September 30
National Income & Price Determination: Part I
Chapter 7, “Aggregate Demand and Aggregate
Supply”
Quiz #4
October 5
National Income & Price Determination: Part II
Chapter 7, “Aggregate Demand and Aggregate
Supply”
October 7
Economic Growth
Chapter 8, “Economic Growth”
Quiz #5
October 12
Fall Break
No Class
October 14
Money & Banking: Part I
Chapter 9, “The Nature and Creation of Money”
Quiz #6
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October 19
Money & Banking: Part II
Chapter 9, “The Nature and Creation of Money”
October 21
Financial Markets & the Economy: Part I
Chapter 10, “Financial Markets and the Economy”
Quiz #7
October 26
Financial Markets & the Economy: Part II
Chapter 10, “Financial Markets and the Economy”
October 27
Last Day to Withdraw from Courses
Grade Subject to Withdrawal Policy
October 28
Test #2
None
November 2
The Federal Reserve & U.S. Monetary Policy:
Part I
Chapter 11, “Monetary Policy and the Fed”
November 4
The Federal Reserve & U.S. Monetary Policy:
Part II
Chapter 11, “Monetary Policy and the Fed”
Quiz #8
November 9
Fiscal Policy: Part I
Chapter 12, “Government and Fiscal Policy”
November 11
Fiscal Policy: Part II
Chapter 12, “Government and Fiscal Policy”
Quiz #9
November 16
Inflation & Unemployment: Part I
Chapter 16, “Inflation and Unemployment”
November 18
Inflation & Unemployment: Part II
Chapter 16, “Inflation and Unemployment”
November 23
Test #3
None
November 25
Thanksgiving Break
No Class
November 30
Macroeconomic Thought & Policy in Historical
Perspective: Part I
Chapter 17, “A Brief History of Macroeconomic
Thought and Policy”
December 2
Macroeconomic Thought & Policy in Historical
Perspective: Part II
Chapter 17, “A Brief History of Macroeconomic
Thought and Policy”
Quiz #10
December 7
Review
None
December 9
Review
None
December 16
Comprehensive Final Examination
2:00 p.m. – 4:30 p.m.
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