Fall 2024 Course Syllabus
Course: ECON-2301 (Section: 2E, CRN: 92419)
Principles of Macroeconomics
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Instructor Information
Instructor Brian Lynch
Email lynchb@lamarpa.edu
Phone 4099846418
Office - Room:
Office Hours Office hours: monday through thursday, from 9.30 to 10.30. Virtual Hours also available.upon request.
Additional Contact Information
Course Information
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.
Required Textbooks Textbook Purchasing Statement: A student attending Lamar State College Port Arthur is not under any obligation to purchase a textbook from the college-affiliated bookstore. The same textbook may also be available from an independent retailer, including an online retailer.

Textbook Purchasing Statement: A student attending Lamar State College Port Arthur is not under any obligation to purchase a textbook from the college-affiliated bookstore. The same textbook may also be available from an independent retailer, including an online retailer.

Title: Microeconomics | 3rd edition
Publisher: OpenStax

Textbook Options


Free Weblink: https://openstax.org/details/books/principles-macroeconomics-3e
 
Hardcover: ISBN-13: 978-1-711471-47-1
Paperback: ISBN-13: 978-1-711471-48-8
Digital: ISBN-13: 978-1-951693-64-0

Additional Materials/Resources You will need to purchase only 3 scantrons. If you do take any quizzes, they will be online
Corequisites/Prerequisites
  • ENGL-0302 College Reading Skills
  • ENGL-0327 Integrated Reading and Writing
Learning Outcomes

1. Explain the role of scarcity, specialization, opportunity cost and cost/benefit analysis in economic decision-making.
2. Identify the determinants of supply and demand; demonstrate the impact in shifts in both market supply and demand curves on equilibrium price and output.
3. Define and measure national income and rates of unemployment and inflation.
4. Identify the phases of the business cycle and the problems caused by cyclical fluctuations in the market economy.
5. Define money and the money supply; describe the process of money creation by the banking system and the role of the central bank.
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.
7. Explain the mechanics and institutions of international trade and their impact on the macro economy.
8. Define economic growth and identify sources of economic growth.
Core Objectives

* Communication skills: Students will demonstrate effective written, oral and visual communication.
* Critical Thinking Skills: Students will engage in creative and/or innovative thinking, and/or inquiry, analysis, evaluation, synthesis of information, organizing concepts and constructing solutions.
* Empirical and Quantitative Skills: Students will demonstrate applications of scientific and mathematical concepts.
* Social Responsibility: Students will demonstrate intercultural competency and civic knowledge by engaging effectively in local, regional, national and/or global communities
Lecture Topics Outline Description of Topic
Welcome to Economics 
Choice in a World of Scarcity
Demand and Supply
The Macroeconomic Perspective 
Economic Growth
Unemployment
Inflation
The International Trade and Capital Flows
Money and Banking
Monetary Policy and Bank Regulations
Exchange Rates and International Capital Flows
Government Budgets and Fiscal Policy
Macroeconomic Policy Around the World
International Trade
Major Assignments Schedule This is a rough outline of what we are going to do. It will change a little bit, based on what I think is BEST FOR THE CLASS. 


Week #    ASSIGNMENTS
Week 1    Discussion Board: Intro
Week 2    Chapter 1 Assignments
Week 3    Chapter 2 Homework, Research Project: Topic Selection
Week 4     Chapter 2 Applications: Interactive Assignments
Week 5     Chapter 3:Supply and Demand, Chapter 3 Quiz, Application Homework. Interactive Assignment
Week 6     Chapter 3: Supply and demand- Price ceilings and Price floors. Application Assignment. 
Week 7     Chapter 5- Elasticity, Homework assignments. Article summary. 
Week 8    Chapter 6-GDP-Chapter 6 Quiz. Homework Assignments. GDP Interactive Assignment. 
Week 9     Chapter 8-Unemployment, Chapter 8 Quiz. Homework Assignments.
Week 10    Finish Chapter 8- Interview Paper Due. Tik tok/Instagram Assignment due
Week 11     Chapter 9- CPI, Assignment Interactives, Homework Assignments,  Research Project: Creating your own Price Index- Rough                    Draft Due
Week 12    Chapter 11- Aggregate Demand/Aggregate Supply- Homework Assignment due, 
Week 13    Finish Chapter 11- Article Presentation, Chapter 11 Quiz
Week 14     Chapter 15 The Fed, Chapter 15 Quiz, Interactive Homework Assignments
Week 15    Price index:Final Project Due,  Chapter 20-International Trade, Chapter 20 Quiz, Chapter 20 Assignments
Week 16    Final Exam

Final Exam Date December 12, 2024 - 8:0 AM   Through  December 12, 2024 - 9:15 AM
Grading Scale  90 - 100=A 80 - 89=B  70 - 79=C   60 - 69=D  Below 59 = F
Determination of
Final Grade
This is a rough approximation of your grade breakdown. As I stated earlier, I want to do what is best for the class overall. I want to make the learning experience worthwhile, interactive, and also one that has academic rigor.



Chapter Quizzes 21%
Assignments 21%
Final Exam 22%
Research Project 36%
Course Policies
Instructor Policies Cell phone usage is allowed in the classroom, but only for academic reasons. That means when i asking questions that require the submission of answers. Any other usage will result in disciplinary measures, including dismissal from the course.
No food or drink allowed in the classroom. Water is allowed.

In terms of turning work in late, you get 2 extension passes. What that means is that you can miss 2 graded assignments and turn them in after the deadline. You do not have to ask for permission. Once you use both of them, you are out of options.

If you want to discuss your grades, you must come to my office, in person.

Language that is discriminatory, derogatory, sexist, and racist has no place in the classroom, or even anywhere else. We all have our opinions. But they need to be expressed in a respectful manner. If your behavior is described as above, then various disciplinary measures will be implemented. 



Attendance Policy Research has shown a cause and effect relationship between attendance and college success. Missing class is not acceptable and can significantly impact your grade.
Additional Information
Institutional Policies
MyLSCPA Be sure to check your campus email and Course Homepage using MyLSCPA campus web portal. You can also access your grades, transcripts, academic advisors, degree progress, and other services through MyLSCPA.
Academic Honesty Academic honesty is expected from all students, and dishonesty in any form will not be tolerated. Please consult the LSCPA policies (Academic Dishonesty section in the Student Handbook) for consequences of academic dishonesty.
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 the Office for Disability Services Coordinator, Room 231, in the Madison Monroe Building. The phone number is (409) 984-6241.
COVID 19 Information The Lamar State College Port Arthur (LSCPA) Student Code of Conduct COVID 19 Policy requires students who have been diagnosed with COVID 19 to report their condition directly to their local health department. Students should also contact their course faculty to report their quarantine status. In addition, this policy requires all students to wear face coverings when directly exposed to COVID 19 in compliance with the criteria included in the policy. For more information please refer to the COVID 19 link on the LSCPA website.
Facility Policies No food or tobacco products are allowed in the classroom. Only students enrolled in the course are allowed in the classroom, except by special instructor permission. Use of electronic devices is prohibited.
HB 2504 This syllabus is part of LSCPA's efforts to comply with Texas House Bill 2504.
Mandatory Reporting of Child Abuse and Neglect As per Texas law and LSCPA policy, all LSCPA employees, including faculty, are required to report allegations or disclosures of child abuse or neglect to the designated authorities, which may include a local or state law enforcement agency or the Texas Department of Family Protective Services. For more information about mandatory reporting requirements, see LSCPA's Policy and Procedure Manual.
Title IX and Sexual Misconduct LSCPA is committed to establishing and maintaining an environment that is free from all forms of sex discrimination, including sexual harassment, sexual violence, and other forms of sexual misconduct. All LSCPA employees, including faculty, have the responsibility to report disclosures of sexual misconduct, including sexual harassment, sexual assault (including rape and acquaintance rape), domestic violence, dating violence, relationship violence, or stalking, to LSCPA's Title IX Coordinator, whose role is to coordinate the college's response to sexual misconduct. For more information about Title IX protections, faculty reporting responsibilities, options for confidential reporting, and the resources available for support visit LSCPA's Title IX website.
Clery Act Crime Reporting For more information about the Clery Act and crime reporting, see the Annual Security & Fire Safety Report and the Campus Security website.

Grievance / Complaint / Concern If you have a grievance, complaint, or concern about this course that has not been resolved through discussion with the Instructor, please consult the Department Chair.
Department Information
Business and Industrial Technology
Chair:Sheila Guillot
Email:guillsr@lamarpa.edu
Phone:(409) 984-6381