Prince William Sound Community College
Principles of Macroeconomics
Course Syllabus ECON 201
Credits: 3
Instructor: Melissa Reese, 835-3066 melissa_reese@valdez.cc
Web Page: http://www.valdezcityschools.org/reese
Date: August 26, 2008
Schedule: T/TH 5:00 - 6:30 pmCourse Description
This course is an introduction to economic theory. Macroeconomics explores the concepts behind national income, money, banking, public finance, taxation and international trade. The focus of the class is on capitalistic systems and the U.S. economy. Prerequisite: knowledge of basic algebra is recommended.
Objectives
Students will demonstrate their understanding of macroeconomic theory by their performance on examinations and their ability to apply macroeconomic principles by their written analyses of issues facing the modern American economy. On completion of the course, students should have a basic understanding of the economic problem, economic systems, the market economy, the factors, which affect aggregate economic activity, and the relevant institutions, which influence macroeconomic activity. The student should be able to demonstrate the use of this knowledge through explanation, application, and interpretation of economic issues.
Teaching Methodologies
This introductory course emphasizes on-line and textbook assignments. Students will complete and e-mail assignments to the instructor. All assignments have firm due dates. Late assignments will not be accepted.
Evaluation Methodologies
Students must complete assignments on time. Late work will not be accepted.
Final Exam 20% Unit Tests 30% Chapter Quizzes 10% Study Guide Assignments 20% Personal Economic Plan 20% Required Text
Milller, Roger LeRoy. Economics Today The Macro View 14th Ed. Addison Wesley Longman, Inc. Boston. 2007. ISBN-10: 0321421442 | ISBN-13: 9780321421449
Miller, Roger LeRoy & VanHoose, David. Study Guide for Economics Today: The Macro View, 14/E. Addison Wesley Longman, Inc. Boston. 2007. ISBN-10: 0321442679 | ISBN-13: 9780321442673
Recommended Resources
IBM-compatible or Macintosh computer for use with:
Course Schedule
August 26 - Chapter 1 - The Nature of Economics
Chapter DiscussionAugust 28 - Chapter 2 - Scarcity and the World Trade-Offs
Chapter Discussion
Chapter 1 Study Guide Pages Due
Chapter 1 Quizzes Due
Chapter 2 Study Guide Pages Due
Chapter 2 Quizzes Due
September 2 - Chapter 3 - Demand and Supply
Chapter Discussion
Chapter 3 Study Guide Pages Due
Chapter 3 Quizzes Due
Unit 1 Test Review SheetSeptember 4 - Chapter 4 - Extension of Demand and Supply Analysis
Chapter Discussion
Chapter 4 Study Guide Pages Due
Chapter 4 Quizzes DueSeptember 9 - Chapter 5 - Public Sector and Pubic Choice
Chapter Discussion
Chapter 5 Study Guide Pages Due
Chapter 5 Quizzes Due
September 11 - Chapter 6 - Funding and the Public Sector
Chapter Discussion
Chapter 6 Study Guide Pages Due
Chapter 6 Quizzes DueSeptember 16 - Unit 1 Test (Chapters 1-6)
September 18 - Chapter 7 - The Macroeconomy: Unemployment, Inflation, and Deflation
Chapter Discussion
Chapter 7 Study Guide Pages Due
Chapter 7 Quizzes Due
Unit 2 Test Review SheetSeptember 23 - Chapter 8 - Measuring the Economy’s Performance
Chapter Discussion
Chapter 8 Study Guide Pages Due
Chapter 8 Quizzes DueSeptember 25 - No Class
September 30 - Chapter 9 - Global Economic Growth and Development
Chapter Discussion
Chapter 9 Study Guide Pages Due
Chapter 9 Quizzes DueOctober 2 - Unit 2 Test (Chapters 7-9)
October 7 - Chapter 10 - Real GDP and the Price Level in the Long Run
Chapter Discussion
Chapter 10 Study Guide Pages Due
Chapter 10 Quizzes Due
Unit 3 Test Review SheetOctober 9 - Chapter 11 - Classical and Keynesian Macro Analyses
Chapter Discussion
Chapter 11 Study Guide Pages Due
Chapter 11 Quizzes DueOctober 14 - Chapter 12 - Consumption, Real GDP, and the Multiplier
Chapter Discussion
Chapter 12 Study Guide Pages Due
Chapter 12 Quizzes DueOctober 16 - Chapter 13 - Fiscal Policy
Chapter Discussion
Chapter 13 Study Guide Pages Due
Chapter 13 Quizzes DueOctober 21 - Chapter 14 - Deficit Spending and the Public Debt
Chapter Discussion
Chapter 14 Study Guide Pages Due
Chapter 14 Quizzes DueOctober 23 - Unit 3 Test (Chapters 10-14)
October 28 - Chapter 15 - Money, Banking, and Central Banking
Chapter Discussion
Chapter 15 Study Guide Pages Due
Chapter 15 Quizzes Due
Unit 4 Test Review SheetOctober 30 - Chapter 16 - Money Creation and Deposit Insurance
Chapter Discussion
Chapter 16 Study Guide Pages Due
Chapter 16 QuizzesNovember 4 - Chapter 17 - Domestic and International Dimensions of Monetary Policy
Chapter Discussion
Chapter 17 Study Guide Pages Due
Chapter 17 QuizzesNovember 6 - Chapter 18 - Stabilization in an Integrated World Economy
Chapter Discussion
Chapter 18 Study Guide Pages Due
Chapter 18 Quizzes
- Chapter 19 - Policies and Prospects for Global Economic Growth
Chapter Discussion
Chapter 19 Study Guide Pages Due
Chapter 19 QuizzesNovember 11 - Unit 4 Test (Chapters 15-19)
Final Exam Review SheetNovember 13 - Chapter 33 - Comparative Advantage and the Open Economy
Chapter Discussion
Chapter 33 Study Guide Pages Due
Chapter 33 QuizzesNovember 18 - No Class
November 20 - No Class
November 25 - Chapter 34 - Exchange Rates and the Balance of Payments
Chapter Discussion
Chapter 34 Study Guide Pages Due
Chapter 34 Quizzes
Personal Project DueDecember 4, 2:45 pm Final Exam (Chapters 1-34)