Fall 2024 Course Syllabus
Course: ECON-2301 (Section: 71, CRN: 91813)
Principles of Macroeconomics
LSCPA Logo Image
Instructor Information
Instructor Brian Lynch
Email lynchb@lamarpa.edu
Phone 4099846418
Office - Room:
Office Hours Office hours:In person- 10-11 Monday through Friday
Virtual upon request. They will be on Team. I will post in Blackboard during the first week when I will have Team meeting hours. I will post the link on there
LocationUmphrey Industrial Technology Center - Room: 
I do have a new office. Do not know the number yet. When i do, i will post it under the announcements
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 None.
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.
   
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

Core Objectives
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

Lecture Topics OutlineDescription 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 - 12:1 AM   Through  December 12, 2024 - 11:59 PM
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 Response Time Policy
Quizzes will be short answer and multiple choice will not be automatically graded. But I guarantee that I will do my best to grade them as quickly as possible. In terms of emailing me, please use the message feature in Blackboard. That is the most efficient way to contact me. If i go longer than 48 hours without replying to your messages, it will be because something unexpected and foreseen has happened  a
 
Announcements
I will post announcements weekly, usually early in the week. These announcements indicate upcoming due dates and notes important to your success in this course. You should READ these Announcements every week. I also recommend using the BlackBoard app on your phone, with notifications, so that you immediately receive notices of new announcements for this class.
 
Exams
 You must work alone while taking the exam. Cheating on exams is not acceptable and will be subject to violations of the Academic Dishonesty policy.
 
Quizzes
Weekly quizzes will be given covering the chapter studied that week. Dates for quizzes are listed on the Course Calendar and on the Task list. 
Discussions
 
Research Paper
You will be required to submit a formal research paper. The research paper is due on the date listed on the Course Calendar, in the Task List, and on the Research Project page. Required content, proper format, adequate research, and correct citations are required. A grading matrix, outline, and guidelines are provided on the Research Project page. Plagiarism will not be tolerated and will be subject to violations of academic dishonesty.
The opportunity to submit a rough draft to be graded and returned with suggestions is provided. The Research Paper is 15 percent of your final grade. Please note that the research paper is a course requirement. Failure to submit a paper will result in a failing course grade.
 
Use of Instructional Materials
Instructional materials, such as PowerPoints and concept videos, may be  provided in Blackboard for each chapter. These will be useful in understanding concepts as presented in the chapters.
 
Chat Sessions and Team Sessions
It is possible that I may schedule a chat session periodically (if needed) to answer questions. Your attendance/participation is not required and does not count for a grade. If a chat session is conducted, the session will be recorded so that you can view the session at your convenience.
 
Extra Credit
That is something that is not going to happen, and if it does, it will not significantly affect your grade

Make-Up/Late work
So, I have good news for you. Everyone has days where they can't turn in assignments, or forget to turn in assignments. THAT IS WHY I AM LETTING YOU USE WHAT I CALL EXTENSION PASSES. You do not have to email me to ask me if you can use them. They can be used on anything that will be graded (but CANNOT be used for the final exam) So how it works, is you will message me and say you would like to use an extension pass, and i will let you turn in the assignment/quiz late, and you will have the opportunity to get the full points on the assignment.
 
Due Dates
All due dates are listed on the Course Calendar – found by clicking on the Calendar Menu button – AND on the Task list – found by clicking on the Tasks menu button. Due dates are also announced in the weekly announcements. Quizzes, exams, assignments, discussion boards, and research papers will NOT be accepted nor reopened

Additional Information            Incomplete Grades
Assigning the grade of incomplete (I) requires prior approval of the Department Chair. An I is assigned only when the deadline for dropping the course has passed, the student is passing the course, and course requirements, including the final examination, cannot be completed because of unavoidable circumstances. To receive an incomplete, a student must be in good standing to pass the class and must have completed most of the course work (75%).
 
Withdrawing from the course
It is the responsibility of the student to properly withdraw from the course. The withdraw process will not be initiated by the instructor.
 
Changes in Calendar
Instructor reserves the right to change, alter, omit, or add to the tentative course outline and calendar. This course continues to be a work in progress. Assignments, due dates, etc. can and usually do change.
 
Technical/computer/Internet/software/hardware/Blackboard Issues
It is the responsibility of the students to ensure that any and all technical/computer/Internet/software/hardware/Blackboard issues are handled in a timely manner and that all tech support personnel are contacted to correct the problems. These issues do not excuse a student from assignments or exams.

Attendance Policy  To be successful in this online course, the student MUST purchase the assigned textbook, or get the free version online. Log into and  BlackBoard 4-5 times weekly. Regular, reliable access to BlackBoard via Internet is required for this online course.
Additional Information

Incomplete Grades
Assigning the grade of incomplete (I) requires prior approval of the Department Chair. An I is assigned only when the deadline for dropping the course has passed, the student is passing the course, and course requirements, including the final examination, cannot be completed because of unavoidable circumstances. To receive an incomplete, a student must be in good standing to pass the class and must have completed most of the course work (75%).

Withdrawing from the course
It is the responsibility of the student to properly withdraw from the course. The withdraw process will not be initiated by the instructor.

Changes in Calendar
Instructor reserves the right to change, alter, omit, or add to the tentative course outline and calendar. This course continues to be a work in progress. Assignments, due dates, etc. can and usually do change.

Technical/computer/Internet/software/hardware/Blackboard Issues
It is the responsibility of the students to ensure that any and all technical/computer/Internet/software/hardware/Blackboard issues are handled in a timely manner and that all tech support personnel are contacted to correct the problems. These issues do not excuse a student from assignments or exams.
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