Olympic College
Professor: Alan Ward
Office Phone: 360-475-7378
Office Hours: 9-10 am MWF/10:30-11:30 am TuTh
January 4th to March 18th – Office: BUS 107
Email: award@olympic.edu
Macroeconomics (ECON& 202) – Class Syllabus
Econ 202 OC Winter 16 (Pearson Course Title)
Section 2053 MWF in BUS 206; from 11:30 am to 12:54 pm;
Course code for Pearson website: ward82547
Required Text:
Required for Course:
Materials:
Economics Today. R.L.Miller. 18th edition, Pearson Addison Wesley
www.pearsonmylabandmastering.com for registration and enrollment in
Macroeconomic (for quizzes and tests)
Course Code is given above in green print; to be used after registering at
www.pearsonmylabandmastering.com
(use the Student Access Code (bought with new textbook or online)
Course Description:
An introduction to the principles of macroeconomic statistics is presented. Students will be introduced to the
concepts of scarcity, trade-offs and supply and demand. Economic principles are studied within the
framework of classical, Keynesian and Monetarist and alternative models. Emphasis is given to national
income determination, money, banking and the central bank and the role of monetary and fiscal policy in
economic stabilization and growth. Other topics include international trade and finance, and the role of
international monetary policy.
Course Objectives:
1.
2.
3.
4.
5.
6.
7.
Identify the major macroeconomic problems confronting the US economy.
Identify and explain the primary causes of these problems.
Identify and explain the principle economic effects of these problems.
Demonstrate mastery of the macroeconomics necessary to think intelligently about these problems.
Identify, explain and justify appropriate policy options for resolving problems.
Evaluate the validity of the policies proposed by others for resolving these problems.
Understand the truth about inflation and its real causes.
NOTE: Attendance is expected and excessive absences will result in a lower grade.
COURSE REQUIREMENTS:
Chapters 1-18, 32-33 are to be covered. Read text and review each chapter summary;
Attendance to 85% of Classes; Friday activities worth up to 5% of course grade;
3 Special Topic papers; one-page, double-spaced, single-spaced heading on student selected topics.
ONLINE ASSESSMENT AT: www.pearsonmylabandmastering.com
Directions for “How to Register” for www.pearsonmylabandmastering.com (the online assessment
and study materials) will be given on the first class day.
More resources at Canvas.
To get to Canvas from the Olympic College Home Page
click down left mouse button at Programs & Courses to open the pull down menu;
click Programs and Courses;
click Canvas; Enter your user name and password;
click Courses & Groups; click either ECON&202 Winter 16 2053 for MWF class in Bremerton
Check Syllabus at menu on left side of the screen in Canvas.
Tests/Quizzes/FinalExam are online at www.pearsonmylabandmastering.com
Check www.pearsonmylabandmastering.com for a Calendar for available dates and due dates.
Assessments are open for about 1 to 2 weeks.
Register and enroll at www.pearsonmylabandmastering.com to access study materials, assigned
quizzes, assigned tests and the Final Exam. These are the course requirements along with 3 Special
Topic Papers (see additional information below).
Use www.pearsonmylabandmastering.com for Textbook Resources, Study Plan and Calendar:
Calendar
Practice tests
Web Links
Audio clips
Animations
Videos
Flash Card
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Check quiz/test available and due dates
Prepare for quizzes and tests
Reinforce the text’s concepts
More reinforcement of the text’s concepts
Great help for building understanding of graphs and concepts
May be used for Special Topic Papers and additional information
May be used for vocabulary study helps
Class begins Monday, January 4th (MWF) and ends Thursday, March 17th, 2016
Final Exam is online Tuesday through Thursday, March 15th-17th, 2016
No classes on January 18 (ML King Day); February 15 (President’s Day Holiday Day)
Last Class Day on Monday, March 14th; Finals Week starts the day following Tuesday-Friday (15-18)
Final Exam online just as for all other tests
All quizzes and test, including the Final Exam, are online at www.pearsonmylabandmastering.com
All quizzes and tests (& the Final Exam) are open note and open book, but are time limited
14 QUIZZES: Quizzes to cover from 1 to 6 chapters
5 TESTS and FINAL EXAM: (Final Exam may replace a lower test score)
Test 1: Chapters 1-3
Test 2: Chapters 7-9
Test 3: Chapters 13-18
Exam
Test 1B: Chapters 4-6
Test 2B: Chapters 10-12
Chapters 1-18, 32, 33 Chapters 13-18, 32, 33 Emphasized on Final
Final Exam: (Comprehensive Final must be taken or score counts as a zero.)
Stay up-to-date by checking the calendar on www.pearsonmylabandmastering.com
GRADING:
5 Tests and Final Exam
= 60% of course grade (100 pts each): 600 points
(Final Exam may replace a lower test score)
Average of 14 quizzes
3 Special Topics Papers
Participation/Activities
1 Extra Credit paper (optional)
= 15% of course grade
= 15% of course grade
= 10% of course grade
= 5% of course grade
150 points
150 points
100 points
50 points
1,050 points
TOTAL = 105 points maximum, if extra credit paper done
Grade% = GPA
95+% = 4.0
86-80% = 3.1-2.5
69-65% = 1.4-1.0
94-92% = 3.9-3.7
79-75% = 2.4-2.0
64-62% = 0.9-0.7
91-87% = 3.6-3.2
74-70% = 1.9-1.5
< 62% = no credit earned
Tests/Exams - 5 Tests and a Final Exam will be given. 14 quizzes are assigned with available and due dates
at www.pearsonmylab.com. Be sure you check The Calendar at www.pearsonmylabandmastering.com
frequently.
(Final Exam may replace a lower test score)
Make-up Tests: Test make-up; check with your instructor. (The testing center may be used for those
tests not taken by due date on calendar at www.pearsonmylabandmastering.com. Room HSS 222 and
will tests will not be identical to the tests given online. The make-up tests will have questions from the
test bank provided by the text’s publisher. 2 hours will be the length of the retesting time and students
should complete the make-up as soon as possible or by the last day of class. A zero score will be given for
not taking any of the assigned tests or quizzes by the ending date.
This course has materials at Canvas and www.pearsonmylabandmastering.com.
Directions to access www.pearsonmylabandmastering.com are located at Canvas (How to Register.)
Decimal to letter grade comparison (OC grade scale)
3.9 - 4.0 A
1.9 - 2.1 C
3.5 - 3.8 A1.5 - 1.8 C-
3.2 - 3.4 B+
1.2 - 1.4 D+
2.9 - 3.1 B
0.9 - 1.1 D
2.5 - 2.8 B0.7 - 0.8 D-
2.2 - 2.4 C+
0.0** F
SPECIAL TOPIC PAPERS: (3 required assignments)
Three Special Topics are assigned & to be completed of the day of tests 1B, 2B & 3. (15% of course grade);
send to my email, or bring to class on or before the due date. Check the videos on the Pearson website
under Multimedia Library; search by chapter; use these as the basis of one or more of your Special Topic
Papers, or search the internet for interesting articles from reliable sources.
FORMAT
The heading should include the student’s name, the course name (Econ 202), the date and the # of the topic
(#1, #2, #3, or Extra Credit (#4)). Typed, single-spaced. The body of the paper should be double-spaced and
fill one page using font size 12 and 1 inch margins. A title is optional or may be replaced by the URL (web
address) where the article was found.
Keep the length to one page.
Format:
Paragraph #1 explains the concept and discusses the source;
Paragraph #2 describes how the article shows the concept;
Paragraph #3 evaluates of how well the author covered topic
(Focus on any unanswered questions you have or lack of clear Information.)
(Be specific about this, give examples.)
Topic #1
Student selects a topic or concept from chapters 1 to 6 and finds
An article or video that is an example of, or discusses this concept.
Due on due date for Test 1B
Topic #2
Student evaluates a selected article using the 3 paragraph format.
Concepts from chapters 7 to 12 are to be used/described.
Due on due date for Test 2B (10 Questions about the videos may replace this)
Topic #3
Student evaluates a selected article using the 3 paragraph format.
Concepts from chapters 13 to 18 are to be used/described.
Due on due date for Test 3 (Video Log may replace this paper)
Final Exam available date and due dates are on www.pearsonmylabandmastering.com calendar.
Email me at award@olympic.edu with questions or comments during the quarter to keep in touch and let me
know how things are going. I can reset quiz and test due dates, if you let me know what you need.
Listed below are possible sources for special topic papers: There are many other acceptable sources.
Wall Street Journal (wsj.com/classroom)
Business Monthly
Business Week (businessweek.com)
Nation’s Business
Money (money.com)
Working Woman
Newsweek
Barron’s (barrons.com)
US News & World Report (usnews.com)
Harvard Business Review
Fortune (fortune.com)
Advertising Age
PC (pcmag.com)
Venture
PC World (pcw.com)
Consumer Reports
Forbes
Money
Journal of Accounting
Time-Warner Site: www.pathfinder.com
Fortune
Journal of Marketing
Kiplinger’s Personal Finance (kiplinger.com)
Sales and Marketing Management
Time
Black Enterprise (blackenterprise.com)
Modern Office Technology
Entrepreneur
Late work will be accepted up to two class periods after the assignment is due without reduction of
grade. After this, maximum grade may be 90%.
Special Topics may include the following: Use your own judgment, or ask if a topic is appropriate. Some
examples are listed below: (These are only examples.)
The Nature of Business and the importance of the Profit Motive
Comparison and Contrasting of Economic Systems
The Social Responsibility of Businesses
The Basic Forms of Business Ownership
The Functions of Management
Design and Explain an Organizational Chart
Describe the Focus of Current Operations and Production Management
Major Issues of Labor-Management Relations
The Responsibilities and Function of Human Resource Management
Motivational Approaches Available to a Manager
Significance and Function of Marketing
Short and Long Term Financing
The Federal Reserve’s Role in our Economy
How the Stock Market Functions and its Implications for Business
The Uses of Computers in Business
The Relationship between the Legal System and Current Business Practice
EXPECTED STUDENT RESPONSIBILITIES:
Students are expected to demonstrate behavior and attitudes that are necessary to be successful in the
business environment. This expectation is designed to help students understand the importance of, and
develop a commitment to, those responsibilities that enable them to work successfully on their own and with
others. Therefore, you are expected to:
Exhibit good time management
1.
2.
3.
Being prepared, punctual and present for class.
Completing all assigned work as scheduled.
Scheduling sufficient time each week for reading & studying class materials. Outside of class time you will need 10
hours or more for this class.
4. Meeting assigned deadlines
5. Completing your work
6. Sharing your knowledge with others, in class or online
7. Striving for excellence in your contributions, performances, and products
8. Completing work with the correct format and complete data
9. Studying the related information included in the text
10. Studying the related material accessible through Professors Online and the course website (myeconlab.com)
Complete individual and/or group tasks by
Demonstrate pride in your work by
Read and know information that corresponds with the lectures by
Comply with the Code of Student Conduct: WAC 132C-120. If any academic dishonesty occurs, a grade of 0.0 may be
assigned.
http;//www.leg.wa.gov/wac/index.cfm?fuseaction=chapterdigest&chapter=132C-120
1.
2.
3.
Maintain high standards of honesty and integrity. All forms of dishonesty are prohibited, including cheating, plagiarism,
knowingly furnishing false information to the college, and forgery.
Complete all exams, assessments and assignments individually
Respect the rights, privileges and property of other members of the college community
STUDENTS SUBJECT TO PROVISIONS OF THE AMERICANS WITH DISABILITIES ACT
If you believe you qualify for course adaptations or special accommodations under the Americans with
disabilities Act, it is your responsibility to contact the disabled Students Services Coordinator in the College
Service Center and provide the appropriate documentation. If you have already documented a disability or
other condition, which qualify you for special accommodation, please notify me during the first week of
class.
STUDENTS IN THE MILITARY WHO BECAME DEPLOYED
If you become deployed and are current with your assignments, please contact me to make arrangements for
completing your course requirements.
Have a great quarter and keep in touch especially when you have questions. Check the calendar at
www.pearsonmylab.com frequently to stay up-to-date on all the assigned work. Please realize that I will not
generally check my emails during weekends and from late afternoon until my office hours the next school
day. I will read all emails I receive, but be aware there are some glitches that may not properly direct emails
to my inbox. If there has been an important issue that needs to be resolved, see me before or after class, or
during my office hours. You should also have someone look over your selection of course and graduation
requirement each quarter I appreciate you’re notifying me when you will not be in class. Just send me an
email. I am looking forward to working with you in this course.
All students must complete their own work. Any academic dishonesty may result in a zero for that
assignment. Be trustworthy and diligent to make the work you turn in the result of your own efforts.
Videos for your further education: (See below and check the Multimedia Library at Pearson website.)
Video List (10 Questions): Watch these videos and choose at least one video for 5 different
chapters. Write 2 questions that pertain to these videos. 5 videos; 2 Questions for each video. Send an
email attachment before the last week of class for full credit. (5 points) Turn in before last week of the
course. Use Control-Click to access the link. This assignment can substitute for one Special Topic
Paper.
Video Logs: Watch and record Title and date viewed and length of video; send as email attachment before
the last week of class for full credit. (5 points) This assignment can substitute for one Special Topic
Paper. Turn in before last week of the course.
Video List for Video Log & 10 Questions assignments
Chapter 1:
http://www.bing.com/videos/search?q=economics&qs=n&form=QBVR&pq=economics&sc=8-9&sp=1&sk=#view=detail&mid=EBB0AB8D54338C019870EBB0AB8D54338C019870
Chapter 2:
http://www.bing.com/videos/search?q=economics+in+one+lesson+summary&qs=AS&sk=VI1AS1&FORM
=QBVR&pq=economics%20in%20one%20lesson&sc=823&sp=3&qs=AS&sk=VI1AS1#view=detail&mid=9E68D8644EB0A7964CDC9E68D8644EB0A7964CD
C
Chapter 3:
http://www.bing.com/videos/search?q=economics+supply+and+demand&qs=AS&sk=&FORM=QBVR&p
q=economics%20supply%20and&sc=820&sp=1&qs=AS&sk=#view=detail&mid=9E6D774433D1B2FBFDEF9E6D774433D1B2FBFDEF
Chapter 4:
http://www.bing.com/videos/search?q=Economics%20government%20policies%20that%20change%20the
%20market&qs=n&form=QBVR&pq=economics%20government%20policies%20that%20change%20the%
20market&sc=0-30&sp=&sk=#view=detail&mid=355151A4D82CD13DDA3E355151A4D82CD13DDA3E
Chapter 5:
http://www.bing.com/videos/search?q=economics+and+taxes&qs=AS&sk=&FORM=QBVR&pq=economi
cs%20and%20taxes&sc=519&sp=1&qs=AS&sk=#view=detail&mid=00CAFF746774F07B03F200CAFF746774F07B03F2
Chapter 6:
http://www.bing.com/videos/search?q=economics+and+taxes&qs=AS&sk=&FORM=QBVR&pq=economi
cs%20and%20taxes&sc=519&sp=1&qs=AS&sk=#view=detail&mid=00CAFF746774F07B03F200CAFF746774F07B03F2
==========================================================================
Chapter 7-9:
http://www.bing.com/videos/search?q=Unemployment%20John%20Stossel&qs=n&form=QBVR&pq=une
mployment%20john%20stossel&sc=0-22&sp=1&sk=#view=detail&mid=BFCA2CD18534876A520FBFCA2CD18534876A520F
http://www.bing.com/videos/search?q=peter+morici&qs=PA&sk=&FORM=QBVR&pq=peter%20mor&sc
=8-9&sp=1&qs=PA&sk=#view=detail&mid=59282230063BF0AB61D659282230063BF0AB61D6
For one of your Special Topic Papers, or for extra credit write a short paragraph or 2 questions about one of
the following videos.
Chapter 10-12:
The Crisis of Credit Visualized; on youtube.com (by Jonathan Jarvis)
Chapter 13-15:
The Card Game; on youtube.com (PBS/NYTimes, Lowell Bergman)
Chapter 16-18:
The Money Hole; on youtube.com (John Stossel)
Chapter 32, 33
Why you have never heard about the Great Depression of 1920; on youtube.com
(by Thomas Woods, Jr.)
