ECON-2301-73 - Prin of Macroeconomics
Lamar State College - Port Arthur
House Bill 2504
Fall 2017 Course Syllabus
Faculty Information | |||||||||||||
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Semester | Fall 2017 | ||||||||||||
Instructor | Bryant, Jennifer Christine | ||||||||||||
Phone | (409) 984-6389 | ||||||||||||
bryantjc@lamarpa.edu | |||||||||||||
Department |
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Office |
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MyLamarPA | Be sure to check your campus E-mail and Course Homepage using MyLamarPA campus web portal (My.LamarPA.edu). When you’ve logged in, click the email icon in the upper right-hand corner to check email, or click on the “My Courses” tab to get to your Course Homepage. Click the link to your course and review the information presented. It is important that you check your email and Course Homepage regularly. You can also access your grades, transcripts, and determine who your academic advisor is by using MyLamarPA. | ||||||||||||
Course Information | |||||||||||||
Course Number | 91813 | ||||||||||||
Course Description | An analysis of the economy as a whole including measurement and determination of Aggregate Demand and Aggregate Supply, national income, inflation, and unemployment. Other topics include international trade, economic growth, business cycles, and fiscal policy and monetary policy. | ||||||||||||
Course Prerequisites | Prerequisite: Basic skills competency in reading, writing, and math. | ||||||||||||
Required Textbooks |
OpenStax Economics, Principles of Economics. OpenStax CNX. Jul 21, 2017 http://cnx.org/contents/69619d2b-68f0-44b0-b074-a9b2bf90b2c6@11.346. Knewton. (2016) Principles of Economics. ISBN: 978-1-63545-007-1 |
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Attendance Policy | Regular and punctual attendance is important to the attainment of the educational objectives of this course. Therefore you are responsible for any covered content and missed assignments. Not logging in each week may result in your final grade being dropped a full letter grade. | ||||||||||||
Course Grading Scale | 90 - 100=A 80 - 89=B 70 - 79=C 60 - 69=D Below 59 = F | ||||||||||||
Determination of Final Grade | Exams 40%, Assignments 40%, Final Exam 20% | ||||||||||||
Final Exam Date | December 13, 2017 - 12:00 AM Through December 13, 2017 - 11:00 PM | ||||||||||||
Major Assignments |
Module 1: Module 1 runs from Aug. 28th to Sept. 24th Due Date: Oct. 22nd Chapter 19 The Macroeconomic Perspective Chapter 20 Economic Growth; Knewton Assignments Chapter 21 Unemployment; Knewton Assignments Chapter 22 Inflation; Knewton Assignments Exam One Module 2: Module 2 runs from Sept 25th to Oct. 22nd. Due Date: Oct. 22nd Chapter 23 The International Trade and Capital Flows; Knewton Assignments Chapter 24 The Aggregate Demand/Aggregate Supply Model; Knewton Assignments Chapter 25 The Keynesian Perspective; Knewton Assignments Chapter 26 The Neoclassical Perspective; Knewton Assignments Exam Two Module 3: Module 3 runs from Oct. 23rd to Nov. 19th. Due Date: Nov. 19th Chapter 27 Money and Banking; Knewton Assignments Chapter 28 Monetary Policy and Bank Regulation; Knewton Assignments Chapter 29 Exchange Rates and International Capital Flows; Knewton Assignments Chapter 30 Government Budgets and Fiscal Policy; Knewton Assignments Exam Three Module 4: Module 4 runs from: Nov. 20th to Dec. 10th. Due Date: Dec. 10th Chapter 31 The Impacts of Government Borrowing; Knewton Assignments Chapter 33 International Trade: Knewton Assignments Exam Four Final Exam Week: Final Exam Week runs from Dec. 11th to Dec. 13th Due Date: Dec. 13th Final Exam Review- Dec. 11th to Dec. 12th Final Exam: Dec. 13th |
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Calendar of Lecture Topics and Major Assignment Due Dates |
Module 1: Module 1 runs from Aug. 28th to Sept. 24th Due Date: Oct. 22nd Chapter 19 The Macroeconomic Perspective Chapter 20 Economic Growth; Knewton Assignments Chapter 21 Unemployment; Knewton Assignments Chapter 22 Inflation; Knewton Assignments Exam One Module 2: Module 2 runs from Sept 25th to Oct. 22nd. Due Date: Oct. 22nd Chapter 23 The International Trade and Capital Flows; Knewton Assignments Chapter 24 The Aggregate Demand/Aggregate Supply Model; Knewton Assignments Chapter 25 The Keynesian Perspective; Knewton Assignments Chapter 26 The Neoclassical Perspective; Knewton Assignments Exam Two Module 3: Module 3 runs from Oct. 23rd to Nov. 19th. Due Date: Nov. 19th Chapter 27 Money and Banking; Knewton Assignments Chapter 28 Monetary Policy and Bank Regulation; Knewton Assignments Chapter 29 Exchange Rates and International Capital Flows; Knewton Assignments Chapter 30 Government Budgets and Fiscal Policy; Knewton Assignments Exam Three Module 4: Module 4 runs from: Nov. 20th to Dec. 10th. Due Date: Dec. 10th Chapter 31 The Impacts of Government Borrowing; Knewton Assignments Chapter 33 International Trade: Knewton Assignments Exam Four Final Exam Week: Final Exam Week runs from Dec. 11th to Dec. 13th Due Date: Dec. 13th Final Exam Review- Dec. 11th to Dec. 12th Final Exam: Dec. 13th |
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General Education/Core Curriculum Student Learning Outcomes |
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Program Student Learning Outcomes |
PSLO ALPHA: Reading skills - Demonstrates comprehension of content-area reading material. Identifies all main ideas, supporting details, and vocabulary in reading material; demonstrates a full understanding of the reading. PSLO 1: Critical Thinking Skills � Uses creative thinking, innovation, inquiry and analysis, evaluation and synthesis of information. Creatively identifies problem, argument, or issue (to determine extent of information needed); differentiates the facts from opinions as relates to situation; constructs possible solutions or prediction or consequences; uses logical, sound reasoning to justify conclusion. PSLO 2: Communication Skills .Demonstrates effective development, interpretation and expression of ideas through written, oral and/or visual communication. Expresses a strong thesis; organizes information with effective transitions & sequencing of ideas; uses substantial, logical & specific development of ideas; details are relevant, original, credible and correctly documented when appropriate to show an effective development and interpretation of ideas; and presents ideas in appropriate mode of expression for the task. PSLO3: Empirical and Quantitative Skills � Applies the manipulation and/or analysis of numerical data or observable facts resulting in informed conclusions. Identifies mathematical or scientific principles needed to complete task; uses mathematical or scientific principles needed to complete task; analyzes how to use the principles; and applies problem-solving skills in mathematical or scientific principles needed to complete task with correct informed conclusions. PSLO 6: Personal Responsibility Skills – Integrates choices, actions and consequences in ethical decision-making. Identifies cultural characteristics (including beliefs, values, perspectives and/or practices); demonstrates knowledge of civic responsibility; provides evidence of experience in civic- engagement activities; and describes what she/ he has learned as it relates to a reinforced and clarified sense of civic identity in local, regional, national, or global communities; and shows awareness of ones own culture in relation to others. |
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Course Student Learning Outcomes |
CSLO 1. Explain the role of scarcity, specialization, opportunity cost and cost/benefit analysis in economic decision-making. (PSLO Alpha measured by Knewton Assignments) CLSO 2. Identify the determinants of supply and demand; demonstrate the impact of shifts in both market supply and demand curves on equilibrium price and output. (PSLO 1 measured by Knewton Assignments) CLSO 3. Define and measure national income and rates of unemployment and inflation.(PSLO 3 measured by Knewton Assignments) CLSO 4. Identify the phases of the business cycle and the problems caused by cyclical fluctuations in the market economy.(PSLO 1 measured by Knewton Assignments) CLSO 5. Define money and the money supply; describe the process of money creation by the banking system and the role of the central bank.(PSLO 1 measured by Knewton Assignments) CLSO 6. Construct the aggregate demand and aggregate supply model of the macro economy and use it to illustrate macroeconomic problems and potential monetary and fiscal policy solutions.(PSLO 3 measured by Knewton Assignments) CLSO 7. Explain the mechanics and institutions of international trade and their impact on the macro economy.(PSLO 6 measured by Knewton Assignments) CLSO 8. Define economic growth and identify sources of economic growth. (PSLO 2 measured by Knewton Assignments) |
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Academic Honesty | Academic honesty is expected from all students, and dishonesty in any form will not be tolerated. Please consult the LSC-PA policies (Section IX, subsection A, in the Faculty Handbook) for consequences of academic dishonesty. | ||||||||||||
Facility Policies |
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Additional Information | Please see student handbook regarding conduct compliance. No late work will be accepted. | ||||||||||||
Important Information | |||||||||||||
ADA Considerations | The Americans with Disabilities Act (ADA) is a federal anti-discrimination statute that provides comprehensive civil rights for persons with disabilities. Among other things, this legislation requires that all students with disabilities be guaranteed a learning environment that provides for reasonable accommodation of their disabilities. If you believe you have a disability requiring an accommodation, please contact the Special Populations Coordinator, Room 231, in the Madison Monroe Building. The phone number is (409) 984-6241. | ||||||||||||
Copyright Violations |
Some material in this course may be copyrighted. They may be used only for instructional purposes this semester,
by students enrolled in this course. These materials are being used fairly and legally.
No one may distribute or share these copyrighted materials in any medium or format with anyone outside this class,
including publishing essays with copyrighted material, uploading copyrighted material to Facebook or YouTube, or
painting or performing copyrighted material for public display.
Copyright violation is not the same thing as plagiarism. Plagiarism is intellectual dishonesty. Offenses of plagiarism result in lower grades or failing scores, and professors and the college strictly enforce plagiarism rules. There is never any acceptable use of plagiarism. Copyright violation is a legal offense, punishable by large fines and penalties. Copyrighted material can be used if permission from the material’s creator is obtained, or if its use meets the standards of fair use in an educational setting. For example, a student can quote a line from Shakespeare’s Hamlet in a report without violating copyright but still be guilty of plagiarism if the quotation is not properly documented. If you are in doubt about what material can be freely used, ask your professor or contact the Dean of Library Services, at (409) 984-6216. |
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Assessment Statement |
Assessment is a process by which LSCPA can help you learn better and gauge the level of progress you have made to
attain knowledge, skills, beliefs, and values. It also helps your professors understand how to improve teaching
and testing methods in your classes, and it helps each department understand and improve degree and certificate
programs.
Periodically LSC-PA will collect assessment data for research and reporting purposes, including statistical data and sometimes copies of your work. Be assured that all material the college uses for assessment purposes will be kept confidential. To ensure anonymity, your name will be removed from any material we use for assessment purposes, including video-recorded performances, speeches, and projects. If you object to allowing LSC-PA to use your material for assessment purposes, submit a letter stating so to your professor by the 12th class day. You will still be required to participate in whatever assessments are being done; we just won’t use your data. What’s the difference between assessment and grades? The grades you get on papers, projects, speeches, and assignments are specific types of focused assessment. LSC-PA’s assessment efforts include class grades, surveys, standardized tests, and other tools. |
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Privacy Notice |
Federal privacy laws apply to college students. This means that college employees, including instructors, cannot
divulge information to third parties, including parents and legal guardians of students. Even if the students are
minors, information about their college work cannot be shared with anyone except in very limited circumstances.
Anyone requesting information about a student should be referred to the Registrar. Instructors will be notified in writing by that Office about what information may be released and to whom. Please remember that releasing private information about a student, however innocuous it may seem, can be a violation of federal law, with very serious consequences. Circumstances under which information may be released:
An adult student may submit, to the Registrar, a handwritten, signed note granting permission for release of
information. The note must specify what information may be divulged, and it must specify the name of the person
to whom the information may be given.
The Registrar’s office is located in the Student Center room 303B, and can be reached at (409) 984-6165. |
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College-Level Perspectives |
This course helps add to the students’ overall collegiate experience in the following ways:
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Degree Plan Evaluation |
A Degree Plan Evaluation will help you determine which classes you need to complete your program.
All of the classes that you have taken that apply to your declared major will be listed on the right. If you have a class that still needs to be completed, a “NO” will be listed on the right next to the required class. |
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HB 2504 | This syllabus is part of LSC-PA’s efforts to comply with Texas House Bill 2504. | ||||||||||||
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