Spring 2020 Course Syllabus
Course: ECON-2301- Section: 4E
Principles of Macroeconomics
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Instructor Information
Instructor Warren Bilotta
E-mailbilottawa@lamarpa.edu
Phone(409) 984-6418
Office
Location:Industrial Technology - Room: 201A
Hours:MWF 11:00-1:00, T 9:25-9:45, 11:25-11:45, 1:20-2:15, th 9:25-9:50,12:25, 1:20-2:30
Department
Business and Industrial Technology
Chair:Sheila Guillot
E-mail:guillsr@lamarpa.edu
Phone:(409) 984-6381

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.
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.
Prerequisites TSI Complete in Reading.
Learning Outcomes To determine how a modern economic system determines and maintains full employment output and a stable price level over time.
Core Objectives An introductory study of the nature economics, economic concepts and problems, economic system, and the role of government.
Program Student Learning Outcomes
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.

ECON Macroeconomics, 5e William A. McEachern.
Lecture Topics
Outline
1. The Art and Science of Economics.
2. Fundamentals of Macroeconomics.
3. Fiscal and Monetary Policy
4. The International Setting.
Major Assignments
Schedule

Tentative Course Schedule: Week 1 01/22 - 01/24 Chapter 1 & chapter 1 appendix Introduction to Economics, and reading graphs.

Week 2: Chapter 2 01/27 01/30 Economic Tools and Economic Systems.

Week 3: Chapter 3 and chapter 4 01/31 - 02/07 Demand, Supply and Markets.

Week 4: Chapter 4 02/10 02/12 continued. Friday, 02/14 Exam 1.

Week 5: 02/17 02/21 02/13 chapter 5 Introduction to Macroeconomics and chapter 6 Tracking the U.S. Economy.

Week 6: 02/18 - 02/24 02/28 chapter 7 Unemployment and Inflation.

Week 7: 03/02 03/06 chapter 9 Aggregate Demand. 03/02 Last day to drop or withdraw without academic penalty.

03/09 03/13: NO CLASS DUE TO SPRING BREAK!!

Week 8: 03/16 - 03/18 Aggregate Supply. Friday, 03/20 Exam 2.

Week 9: 03/23 -03/27 chapter 11 Fiscal Policy.

Week 11: 03/30 04/03 chapter 11 continued.

Week 12: 04/06 04/08 chapter 12 Budget Deficits and Public Policy
04/10 MIDTERM EXAM 3.

Week 13: 04/13 04/17 chapter 13 Money and the Financial System. 04/17 last day to withdraw with academic penaly.

Week 14: 04/20 - 04/24 chapter 14 Banking and the Money Supply.

Week 15: 04/27 05/01 Monetary Theory and Policy.

Week 16: Adaptive Price Expectations, Rational Price Expectations, and Economic Growth over time. NOT IN BOOK!!

COMPREHENSIVE FINAL EXAM: MONDAY, MAY 8th 8:00 A.M. - 10: A.M. High school students TBA.



Final Exam Date May 8, 2020 - 8:00 AM   Through  May 8, 2020 - 10:00 AM
Grading Scale Grading Scale: 90 - 100: A
80 - 90: B
70 - 79: C
60 - 69: D
60 and below: F.
Adjustments may be made to the grading scale if necessary
Determination of
Final Grade
The class will consist of 15 weeks of lecture, and one week of final exams.
Each of the three midterm exams will be worth 25% of the student grade.
The COMPREHENSIVE FINAL EXAM will be worth 30% of the student grade.
NO MAKE UP EXAMS WILL BE GIVEN FOR MIDTERM EXAMS UNDER ANY CONDITIONS!!!
If a student misses a midterm exam, those points will be added to the weight of the final exam.
For example, if a student misses exam 1, the final exam will now be worth 55% of the student grade. If a student misses the final exam, the student will be given a grade of I. The student will have one semester (including summer semester) to present the instructor with a legitimate written excuse for missing the final exam, and make arrangements to take a final exam. If the student does not follow this procedure, the student fails the course.


Students may use personal notes. If a student decides to take the exam without notes or BEFORE the exam begins, the instructor will add 10 points to the student exam grade. BOOKS AND WORKBOOKS OF ANY KIND ARE NOT PERMITTED FOR EXAMS!! Translation guides may be used for non English speaking students with the permission of the instructor. Calculators are permitted for exams, and any type of computer equipment or cell phone ARE NOT PERMITTED FOR EXAMS. Of course, the use of any other intelligent life forms MAY NOT be used to assist students during exams.

Exams will consist of two sections.
Section 1 will be problem solving and essay questions.
Section 2 will be multiple choice.
Section 1 will be worth 60% of the exam grade, and
section 2 will be worth 40% of the exam grade.

Grade appeals:
A student may appeal an exam grade in writing explaining exactly the subject matter on the exam being appealed. The instructor will then re-grade the entire exam. The instructor can then agree with the student, and add points to the exam grade, deny the appeal and add no points to the exam grade, or find areas where points should have deducted, and deduct those points from the exam grade. All appeals must be made before the next midterm exam. Final exam appeals must be made before the end of the next semester, including summer semester.
Course Policies
Instructor Policies I will not discuss your grades over the phone or by email. If you want to discuss your grades, you must come to my office, in person.
Attendance Policy Attendance is highly recommended due to the analytical nature of the material covered in this course.
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
  1. No food or tobacco products are allowed in the classroom.

  2. Only students enrolled in the course are allowed in the classroom, except by special instructor permission.

  3. Use of electronic devices is prohibited.
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 the Office for Disability Services Coordinator, Room 231, in the Madison Monroe Building. The phone number is (409) 984-6241.
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.
Other UNDER NO CIRCUMSTANCES WILL GRADES BE GIVEN OUT OVER THE TELEPHONE, BY E-MAIL, OR POSTED IN ANY PLACE BY THE INSTRUCTOR!! The Registrars office will post grades on line.
The 24 hour rule: Class time will be provided for specific review questions prior to each exam. The Instructor will not answer any questions 24 hours prior to the start of any exam. The instructor will NOT discuss any exam material until 24 hours after the student receives a graded exam.
HB 2504 This syllabus is part of LSC-PA's efforts to comply with Texas House Bill 2504.