House Bill 2504

Spring 2014 Course Syllabus

ECON-2301-73 - Principles of Economics - Macro

Faculty Information
SemesterSpring 2014
InstructorBryant, Jennifer Christine
Phone(409) 984-6839
E-mailbryantjc@lamarpa.edu
Department
Business and Technology
Chair:Sheila Guillot
Phone:(409) 984-6381
E-mail:guillsr@lamarpa.edu
Office
Hours:MWF 11a.m. till 12:30p.m., Tues- 9:15am to 12 pm.
Building:Student Center (SC)
Room:413
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 you academic advisor is by using MyLamarPA.
Course Information
Course Number11212
Course Description Emphasizes monetary theory; national income analysis; fluctuation and growth, public finance, international trade and current economic problems.
Course Prerequisites Prerequisite: Basic skills competency in reading and writing.
Required Textbooks McConnell, C, Brue, S, & Flynn, S. (2011). (Custom Edition) MacroEconomics w/ Connect Plus. McGraw-HillIrwin. 19TH Edition ISBN-13 9780077609856 ,
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. If you have an approved absence, please see instructor for instructions on make-up work. 6 absences will result in being dropped from the course at the instructors discretion. Late work is not accepted without approved absence.
Course Grading Scale  90 - 100 = A     80 - 89 = B     70 - 79 = C     60 - 69 = D     Below 59 = F
Determination of Final Grade Exams 30%, Assignments 35%, Participation 35%
Final Exam Date May 1, 2014 - 8:00 AM
Major Assignments Week 1:Introduction to Macro Economics, Quiz, Learnsmart

Week 2:Measuring domestic output and national income, Quiz, Learnsmart

Week 3:Economic growth, Last Word Paper, Learnsmart

Week 4:Business cycles, Quiz, Learnsmart

Week 5:Basic Macro Economic Relations, Quiz, Learnsmart

Week 6:The Aggregate Expenditures Model, Quiz, Learnsmart

Week 7:Aggregate Demand and Supply,Quiz, Midterm, March 3

Week 8:Fiscal policy, Quiz, Learnsmart

SPRING BREAK

Week 9:Money Banking and Financial Institutions, Quiz, Learnsmart

Week 10:Money Creation, Quiz, Learnsmart

Week 11:Interest Rates and monetary policy, Quiz, Learnsmart

Week 12:Financial Economics, Quiz, Learnsmart

Week 13:Extending The Annalist of Aggregate Supply, Quiz, Learnsmart

Week 14:Current issues in Macro Theory and Policy, Quiz, Learnsmart

Week 15:Review

Week 16:Final Exam-May 1st
Calendar of Lecture Topics and Major Assignment Due Dates Week 1:Introduction to Macro Economics

Week 2:Measuring domestic output and national income

Week 3:Economic growth

Week 4:Business cycles

Week 5:Basic Macro Economic Relations

Week 6:The Aggregate Expenditures Model

Week 7:Aggregate Demand and Supply-Midterm, March 2nd

Week 8:Fiscal policy

SPRING BREAK

Week 9:Money Banking and Financial Institutions

Week 10:Money Creation

Week 11:Interest Rates and monetary policy

Week 12:Financial Economics

Week 13:Extending The Annalist of Aggregate Supply

Week 14:Current issues in Macro Theory and Policy

Week 15:Review

Week 16:Final Exam May 1st
General Education/Core Curriculum Student Learning Outcomes
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.

Teamwork:Students will demonstrate the ability to work effectively with others to support a shared purpose or goal and consider different points of view.

Social Responsibility:Students will demonstrate intercultural competency and civic knowledge by engaging effectively in local, regional, national and/or global communities.

Personal Responsibility:Students will demonstrate the ability to connect choices, actions and consequences to ethical decision-making.

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 5: Social Responsibility Skills - Expresses intercultural competence, knowledge of civic responsibility, and the ability to engage effectively in regional, national, and global communities.

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 one’s own culture in relation to others.

Course Student Learning Outcomes Upon successful completion of this course, students will:



PSLO ALPHA: Reading skills - Demonstrates comprehension of content-area reading material. PSLO A measured by pre-post test

1. Explain the role of scarcity, specialization, opportunity cost and cost/benefit analysis in economic decision-making.(PSLO 1 measured by embedded quiz questions)

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 3 measured by embedded quiz questions)

3. Define and measure national income and rates of unemployment and inflation.(PSLO Alpha measured by embedded quiz questions)

4. Identify the phases of the business cycle and the problems caused by cyclical fluctuations in the market economy.(PSLO Alpha measured by embedded quiz questions)

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 Alpha, 2 measured by embedded quiz questions)

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 embedded quiz questions)

7. Explain the mechanics and institutions of international trade and their impact on the macro economy.(PSLO 5 measured by embedded quiz questions)

8. Define economic growth and identify sources of economic growth.(PSLO 2 measured by embedded quiz questions)
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
  • 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.

  • Electronic devices (including but not restricted to cell phones, MP3 players, and laptop computers) shall not be used during examinations unless specifically allowed by the instructor.

  • Use of electronic devices during normal class hours distracts other students, disrupts the class, and wastes valuable time. Instructors have an obligation to reduce such disruptions.

  • Turn your cellphones to vibrate when you enter the classroom.

  • Please see student handbook regarding conduct compliance.
Additional Information Please do not hesitate to contact me via email or phone with any questions or concerns. My physical and virtual door is always open. Communication is key to a successful course outcome. Late work is not accepted.
Important Information
ADA Considerations The Americans with Disabilities Act (ADA) is a federal anti-discrimination statue 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 210D, in the Madison Monroe Building. The phone number is (409) 984-6251.
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.
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.
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.

A parent or guardian may be given access to information about a student by providing a copy of a filed tax return that shows that the student was listed as a dependent of that parent or guardian. The tax return must be for last complete tax year. Again, this documentation must be submitted to the Registrar’s Office.

A parent or guardian may be given access to information about a student if the student logs on to My.LamarPA.edu and sends an email to the Registrar granting permission. The email must specify what information may be given and the name of the person to whom it may be given.

Co-enrollment students are protected by the same privacy laws as adult students.

The Registrar’s office is located in the Student Center room 303B, and can be reached at (409) 984-6165.

College-Level Perspectives This course helps add to the students’ overall collegiate experience in the following ways:

  • Establishing broad and multiple perspectives on the individual in relationship to the larger society and world in which s/he lives, and to understand the responsibilities of living in a culturally and ethnically diversified world.

  • Stimulating a capacity to discuss and reflect upon individual, political, economic, and social aspects of life in order to understand ways in which to be a responsible member of society.

  • Developing a capacity to use knowledge of how technology and science affect their lives.

  • Developing personal values for ethical behavior.

  • Developing the ability to make aesthetic judgments.

  • Using logical reasoning in problem solving.

  • Integrating knowledge and understand the interrelationships of the scholarly disciplines.

Degree Plan Evaluation A Degree Plan Evaluation will help you determine which classes you need to complete your program.

  1. Sign in to your my.lamarpa.edu account.

  2. Click on the “My Services” tab.

  3. Click on the “Student” tab.

  4. Click on Student Records.

  5. Click on Degree Evaluation.

  6. Select the term you are planning on registering for (i.e. Summer I, Summer II, Fall, or Spring)

  7. Verify that the Curriculum Information (your MAJOR) is correct

  8. Click on “Generate New Evaluation” at the bottom of the screen.

  9. Click the radio button next to Program

  10. Click on the Generate Request button.

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.

HB 2504 This syllabus is part of LSC-PA’s efforts to comply with Texas House Bill 2504.

Lamar State College - Port Arthur

Mission

Lamar State College - Port Arthur, a member of The Texas State University System, is an open-access, comprehensive public two-year college offering quality and affordable instruction leading to associate degrees and a variety of certificates. The College embraces the premise that education is an ongoing process that enhances career potential, broadens intellectual horizons, and enriches life.

Core Values

  • Shared commitment by faculty, staff and administration to a mission characterized by student learning, diversity, and community involvement

  • General education/core curriculum that develops the values and concepts that allow the student to make a meaningful contribution in the workplace or community

  • Academic and technical programs designed to fulfill our commitment to accommodate students with diverse goals and backgrounds, using a variety of delivery methods, on and off campus

  • Technical education programs that provide for the acquisition of the knowledge, skills and behavior necessary for initial and continued employment

  • Student achievement characterized by attainment of individual goals and measured by successful accomplishments and completion of curriculum

  • Co-curricular opportunities that develop social, financial and civic acuity

Principles

Lamar State College - Port Arthur operates in the belief that all individuals should be:

  • treated with dignity and respect;

  • afforded equal opportunity to acquire a complete educational experience;

  • given an opportunity to discover and develop their special aptitudes and insights; and,

  • provided an opportunity to equip themselves for a fulfilling life and responsible citizenship in a world characterized by change.

Copyright ©2011 Lamar State College - Port Arthur. All Rights Reserved.