Download ECO 2013 Principles of Economics: Macro (Online) Fall 2010, Term

ECO 2013 Principles of Economics: Macro
(Online)
Fall 2010, Term A (Section 0515 Online)
Instructor: William L. Huth, Ph.D.
email: [email protected]
Prerequisite: None
MyEconLab Course ID: XL0J-S1H4-201Y-5VK2 (note: zero not an O (oh),
University Catalog Course Description
Introduction to economics with emphasis on the study of aggregate
economic activity, national income, price level determination, and
economic growth and development.
Online Delivery
This course is delivered completely online. You must have fast,
consistent, and reliable access to the internet and a computer
sufficiently capable of running the requisite software and plug-ins.
You must also use your UWF email address for correspondence
regarding the course. This delivery medium may well be a different
environment for many. You will generally set your own schedule,
participate in class activities at your convenience, and work at your
own pace. You may end up spending additional time online during
the first week or two as you become acclimated to the online
format. You should be prepared to spend about 5-6 hours online
each week completing lessons, activities, and participating in class
discussions. Finally you may want to consider the following tips to
get started:
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Set yourself a schedule: check the course web site early in
each class week to see what tasks require completion that
week.
Become very familiar with the web sites and how to use them.
Team up with classmates to discuss class assignments and
questions you might have. Use the discussion forums. Check
the “classlist” link ? for biography info and email contact info.
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Ask questions in the forums when you need answers. If you
have a significant issue, contact me via my email address.
Course Materials
Text: Hubbard, Glenn R. and Anthony P. O’Brien, 2010. Economics,
Third Edition (Please note that this is the third edition; there is both
a first and second edition of the text that can substitute for the
third). New Jersey: Pearson-Prentice Hall. This Hardback text has
content for BOTH online Macro (ECO2013) and online Micro
(ECO2023).
MyEconLab Student Access Kit. A six month subscription is included
with the textbook. This covers both Micro and Macro. The access
code is located in the text package and you can register by visiting:
http://www.myeconlab.com Note: You MUST have this to
complete Homework and Quizzes, if it is not bundled with
your text then you must purchase it directly.
Other Materials
The Hubbard and O’Brien text also comes in a softcover split format,
the split formats have content for only one course:
Hubbard and O’Brien (2010), Macroeconomics
Hubbard and O’Brien (2010), Microeconomics
There is also a text in a ringed/spiral binder available from
Pearson that is much cheaper.
If you go to the http://www.prenhall.com web site you can find
other materials including an eText subscription alternative to
purchasing the book(s) and “Vangonotes” an mp3 based audio
study guide supporting the Hubbard and O’Brien text.
Special Technology Requirements
This course is totally online so that all instructional content and
interaction will take place over the internet. You should have regular
and reliable access to the internet via a fast connection. Your
computer should run the Microsoft Windows XP operating system
(Note that Vista or Windows 7 can also be used but there may be
technology issues associated with that operating system and UWF
ELearning). For documents use Microsoft Word (Note that Microsoft
Office 2007 formats are also supported). In addition to fundamental
word processing and spreadsheet skills, you should be able to send
and receive emails with attachments and you should be able to
upload files to and download files from the internet. You should also
have the following:
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Browser: Internet Explorer (version 6.0 or above), Netscape
(version 7.1 or 7.2)
Adobe Acrobat Reader:
http://www.adobe.com/products/acrobat/readstep2.html
Power Point Viewer:
http://microsoft.com/downloads/details.aspx?FamilyId=D1649
C22-B51F-4910-93FC-4CF2832D3342&displaylang=en
Windows Media Player:
http://www.microsoft.com/windows/windowsmedia/download/
Quicktime Player: http://www.apple.com/quicktime/download/
Macromedia Flash Player:
http://macromedia.com/shockwave/download/download.cgi?P
1 Prod Version=ShockwaveFlash
Course Requirements and Grading
Your course grade will be based on four components: required
homework, quizzes, weekly essays, and a paper. You will be
required to complete a weekly module homework assignment and
quiz at the MyEconLab (http://www.myeconlab.com) web site based
on the assigned chapters in the particular module. You will also be
required to develop a macroeconomic research paper. Finally you
are expected to develop a weekly essay on macroeconomic topics
from the assigned chapter(s). You may also participate
in discussions with your classmates on the elearning discussion
forums for extra credit. Each course component will accumulate
points and your grade will be determined on the percent of total
points that you are able to accumulate. The point distribution is as
follows:
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Homework (25 points),
Quizzes (25 points),
Paper (25 points), and
Essays (25 points).
Homework and quizzes combine equally to determine 50% of your
grade and the paper and essays combine equally to contribute the
other 50%. Extra credit from participation in class discussion
forums is possible. Your final grade will be determined on a percent
of total points basis and recorded as outstanding (A), above
average (B) , average (C), below average (D), or failure (F) with an
appropriate letter and a minus or plus.
Course Requirement Information: Homework will be assigned
and completed using the MyEconLab (http://www.myeconlab.com)
web site. The homework assignments and quizzes will be available
for completion starting at 1pm on the Friday prior to the first day of
each Module/Week and will close at 11:59pm cst on the Sunday of
that Module/Week. Homework assignments are not time limited.
Quizzes are time limited and once you begin you will have 35
minutes to complete. Homework can be a group effort but the
quizzes are to be taken individually. The quiz for each student will
be different. You will not be able to view your quiz results until after
the module closes. The paper dropbox will be open until 11:59pm
cst the Sunday following the last day of classes. The weekly essay
dropbox will also close with the module each Sunday at 11:59pm.
Course Goals, Objectives, and Learning Outcomes
An overall goal for this course is to provide you with the opportunity
to acquire the knowledge and skills needed to study and understand
the workings of an economy. The topics outlined above will provide
the basic tools necessary to develop economic models that describe
how the United States macro economy operates so that you can
understand the policy issues that face the nation. In order to meet
this goal, by the end of the course you will be able to do the
following (in other words, you should expect these core learning
outcomes if you meet the expectations for satisfactory engagement
with and involvement in the course):
(a) You will be able to comprehend, explain, and discuss
basic macroeconomic concepts and theory.
(b) You will be able to apply macroeconomic reasoning in
the examination of problems facing decision makers in both
business and the formation of public policy.
(c) You will be able to interpret basic macroeconomic data
and information within the context of aggregate demand and supply
concepts and theory to expand your understanding and knowledge
of economic systems.
(d) You will be able to apply your knowledge of the macro
economy economic to explain the formation of basic business and
economic plans and strategies.
(e) You will be able to explain how and why the federal
government intervenes in the economy to maintain full
employment, growth, and stable prices. Basically, at the end of the
course, you should be able to read newspaper articles about or
watch news coverage of the current economic state be comfortable
in understanding the issues raised (eg. The principal causes of the
economy’s current state), anticipated changes (eg. interest rates),
and expected impacts.
Each text chapter in the various course modules also has a set of
specific student learning objectives associated with it. Those
objectives are specified in each chapter's "Learning Objectives and
Overview" document along with a chapter summary and outline.
Homework and quizzes are coupled directly with the learning
objectives associated with the particular knowledge area.
Topical Outline
I. Foundations, Models and Markets, Chps. 1-3
II. Measuring Production and Income, Unemployment and Inflation,
Chps.19, 20
III. Business Cycles and Growth, Chps. 21, 22
IV. Output and Expenditure, Aggregate Demand and Supply,
Chps.23, 24
V. Money, Banks, and the Fed, Monetary Policy, Chps. 25, 26
VI. Fiscal Policy and Federal Policy Chps.27, 28
VII. International Aspects, Chps. 29, 30
Schedule
(See Schedule Document)
Please note that I reserve the right to alter the above requirements
to adapt to changing circumstances in order to achieve optimal
student learning.
University Required Syllabus Content
Special Needs Assistance
Students with special needs who require specific examinationrelated or other course-related accommodations should contact
Barbara Fitzpatrick, Director of Student Disability Resource Center,
[email protected], (850) 474-2387. Student Disability Resource
Center will provide the student with a letter for the instructor that
will specify any recommended accommodations.
Academic Conduct Policy
Expectations for Academic Conduct/Plagiarism Policy
As members of the University of West Florida, we commit ourselves
to honesty. As we strive for excellence in performance, integrity –
both personal and institutional – is our most precious asset.
Honesty in our academic work is vital, and we will not knowingly act
in ways to erode that integrity. Accordingly, we pledge not to cheat,
nor to tolerate cheating, nor to plagiarize the work of others. We
pledge to share community resources in ways that are responsible
and that comply with established policies of fairness. Cooperation
and competition are means to high achievement and are
encouraged. Indeed, cooperation is expected unless our directive is
to individual performance. We will compete constructively and
professionally for the purpose of stimulating high performance
standards. Finally, we accept adherence to this set of expectations
for academic conduct as a condition of membership in the UWF
academic community.
The Student Code of Conduct sets forth the rules, regulations and
expected behavior of students enrolled at the University of West
Florida. Violations of any rules, regulations, or behavioral
expectations may result in a charge of violating the Student Code of
Conduct. It is the student’s responsibility to read the Student Code
of Conduct and conduct themselves accordingly. You may access
the current Student Code of Conduct at
http://www.uwf.edu/judicialaffairs.
Links:
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Academic Conduct Policy:
http://uwf.edu/academic/policies/acadpol/acpolicy.htm
Plagiarism Policy: http://uwf.edu/cas/aasr/Plagiarism.pdf
Student Handbook: http://www.uwf.edu/uwfmain/stuHandbk/