SYLLABUS AND COURSE
studies economic aggregates such as Gross Domestic Product, income, inflation,
and unemployment. Concepts discussed include business cycles, diverse
macroeconomic theories, fiscal and monetary policy, international trade and
finance, and the Federal Reserve System. We employ basic mathematics and
use graphs throughout this course.
7th edition, 2014, new and unused, by Martha Stuffler outlines course lectures,
organizes the structure and format of classroom presentations. Each
student must use their own copy of the Resource Guide during each class to
record lecture notes, complete problems, perform graphical analysis and
participate in problem solving and class discussions. In addition, the
Guide provides hundreds of practice problems and homework assignments.
textbook, Principles of Macroeconomics,1st edition Mateer and Coppock 2013 supplements
lectures, but does not need to be brought to class.
calculator (or you may use your cell phone) and the Resource
Guide must be brought to every lecture.
Scantron Forms No. 882 for the three exams.
to your IVC email account (or forward your IVC email, instructions on my
webpage) and MySite.
ASSESSMENTS: Exams are
application-oriented and in-depth using multiple choice, short-answer, essay,
and graphical analysis based on material covered in lectures and if assigned,
outside readings. Students must complete all parts of the three exams or
earn an "F" grade for the course.
complete all exams on the date and time with the class for which they are
registered. The instructor does not give make-up exams. If you
cannot attend your scheduled exam with advance notice to the instructor, you
may take the exam early. If you miss an exam, since no midterm score may
be dropped for grade calculation, you must drop the course or earn an
400 points = 100%
assignments are tear-out sheets in the back of the Resource Guide. They
are collected at the beginning of class on the due date. Late
assignments, if accepted, will bear opportunity costs of a decreased point
value. Any assignment not turned in to the instructor during class and
later discovered in the instructor's mailbox will be late or may not be
late assignments will be accepted for any reason if these assignments have been
returned to any class. Missed assignments may not be made up.
GRADING: Total possible
points for the course are 400:
= 360 or more points (90% or higher)
= 320 to 359 points (80% but less
= 280 to 319 points (70% but less
= 240 to 279 points (60% but less
< 240 points
than 60% or for cases
of academic dishonesty)
dishonesty includes turning in work that is not your own; removing test
questions or other test material from the classroom; discussing test material
with students who have not taken the exam; looking at another student's
assignment or test and copying their answers, etc. Students should read
and understand this syllabus and the Student Code of Conduct in the class schedule.
instructor retains graded materials that have not been returned to students for
90 days after grades have been posted. If any student wishes to review these
materials used for grade determination, the student must contact the instructor
before this date.
ATTENDANCE: Students are
responsible for all lecture material and assignments given. If you miss
class, ask another student to get assignments, fill in Resource Guide
notes, and gain any other information missed. Your instructor does not
provide a copy of notes that you have missed.
you decide to drop the course, it is your responsibility to drop the course
through Admissions and Records. Deadlines for dropping courses are shown
in the class schedule. Any student who does not complete the course and
does not drop the course will earn the grade of "F". The instructor
reserves the right to drop any student who misses more than three classes.
PHILOSOPHY: A student
learns best when he/she knows what is expected and is presented with a
challenge. I will do my best to present complex material in a simplified
manner. I need your classroom participation to know whether or not you
grasp the material. I do not believe in surprises on exams, but they will
test your knowledge in-depth. I will help every student who is sincerely
trying to pass the course. You may reach me by phoning my office or
meeting with me during office hours or by appointment. Please do not
hesitate to ask for help at any time.
MESSAGES: If you need to
reach me, call my office telephone (949) 451-5759 during office hours or leave
a voice mail message. I will return your call as soon as possible.
Meet with me during my office hours or by arranged appointments. Please
do not leave messages for me with office staff.
1. Attend each
class meeting and complete the lecture material required in the Resource
2. Complete the
Practice Questions and Assignments in the Resource Guide.
3. Use Norton SmartWork (must be purchased) to access online
resources which include tutorial videos, practice exercises and quizzes. These online resources help you to prepare
for exams and homework assignments and confirm your strengths or identify areas
where you need more study.
4. Tape record
lectures, replay to reinforce learning.
questions during lectures.
6. Expect to
spend and dedicate 6 hours in home study per week to be successful in this
7. Form study
groups to discuss and apply concepts.
8. Read the Resource
Guide material and the textbook within 24 hours AFTER the lecture.
Reread the material at least once before exams.
9. If you have
not taken Econ 1 or 20, read textbook chapters covering supply and demand at
home to provide material you will need to understand.
dissatisfied or unsuccessful on the first exam must meet with me to discuss
ASSIGNMENT AND TEST SCHEDULE: This schedule is tentative and is
subject to change at the instructor's discretion based on the pace that we are
able to maintain. Chapters are listed in the textbook and Lessons are in
the Resource Guide.
Unit One: Read
Chapters 1, 6-8, and Lessons 1–4
Day 1 – Lesson 1
Introduction to Economics
Day 2 – Lesson 2
Production Possibilities Curve
Day 3 – Lesson 3
Introduction to Macroeconomics
Day 4 – Lesson 4
National Income and Product Accounts
Day 5 – Lesson 4 and
Unit One Test
Two: Read Chapters 13-16 and Lessons 5-8
Day 6 – Lesson 5
Aggregate Demand and Aggregate Supply
Day 7 – Lesson 6
History of Macroeconomic Theory
Day 8 – Lesson 6 and
7 The Keynesian Multiplier and Fiscal Policy
Day 9 – Lesson 7 The
Keynesian Multiplier and Fiscal Policy
Day 10 – Lesson 7 and
8 Federal Budget and Fiscal Policy
Day 11 – Lesson 8 and
Unit Two Test
Unit Three: Read Chapters 17, 18, 11, 20 and Lessons 9-12
Day 12 – Lesson 9 The
Banking System and Money
Day 13 – Lesson 9 and
10 Financial Markets and Monetary Policy
Day 14 – Lessons 10
and 11 Economic Growth
Day 15 – Lesson 11
Day 16 – Lesson 11
and 12 International Trade and Finance
Day 16 – Lesson 12
My lectures and course materials, including power point presentations,
tests, outlines, and similar materials, are protected by US copyright laws. I
am the exclusive owner of the copyright for those materials I create. You may
take notes and make copies of course materials for your own use. You may not
and may not allow others to reproduce or distribute lecture notes and course
materials publicly whether or not a fee is charged without my express written
consent. Similarly, you own copyright in your original papers and exam essays.
If I am interested in posting your answers or papers, I will ask for your