ECONOMICS 101 - Hybrid course – Half of the time is online!! PRINCIPLES OF MACROECONOMICS Jose L. Esteban TEXT: Macroeconomics, 16th edition by C McConnell and S. Brue. Study Guide for the textbook is recommended. OBJECTIVES: Introduction to basic economics theory with an emphasis on how Economics affects our daily lives. Also, preparation for upper division courses. HYBRID COURSE INSTRUCTIONS: This is a hybrid course. The class will meet only on Thursdays at 9-30 in Room P-30. The rest of the work is to be conducted online. Readings and Assignments for each week are posted on the Blackboard site. To access the Blackboard site, go to http://www.palomar.edu/pconline/ . When you log in, your user name and default password are your 9-digit Palomar student ID number. TEACHING METHOD: Each week you will read the assigned textbook chapters listed below, then carefully read the material in the Assignments section of Blackboard for week 1,2, and so on. You will also need to complete the coursework assignments listed. You must check your email at least three times per week since assignments will be sent to you often. Interaction online with other students enrolled and with me will be a major source of information for all of us. You must participate in these weekly sessions as part of your grade. OFFICE HOURS: On campus TTH 11-12 or by appointment. Office location: P17-D Phone: 744-1150 extension 2421 e-mail: jesteban@palomar.edu Economics Department extension 2412. Cyber hours will be by appointment. Time management TENTATIVE OUTLINE WEEK 1 Introduction to Economics Read Chapters 1 and 2 WEEK 2 Supply and Demand Analysis Read Chapters 3 & 3Web WEEK 3 The Market System Read Chapter 4 WEEK 4 The US economy Read Chapters 5-6 WEEK 5 Gross Domestic Product Read Chapter 7 WEEK 6 Unemployment and Inflation Read Chapter 8 WEEK 7 Macroeconomic relationships Read Chapters 9-10 WEEK 8 Aggregate Supply and Demand Read Chapter 11 WEEK 9 Fiscal Policy and the deficit Read Chapter 12 WEEK 10 Money and Banking Read Chapter 13 WEEK 11 Banks Read Chapter 14 WEEK 12 Monetary Policy Read Chapter 15 PPC QUIZ NO. 1 TEST NO. 1 QUIZ NO. 2 TEST NO. 2 WEEK 13 Economic Growth Read Chapter 17 WEEK 14 Deficits and the Public Debt Read Chapter 18 WEEK 15 International Trade Read Chapter 20 WEEK 16 International Finance Read Chapter 21 WEEK 17 FINAL EXAM QUIZ NO. 3 May 14 -20 GRADING POLICY FIRST TEST 100 points SECOND TEST 100 Points TEN QUIZZES - 10 POINTS EACH 100 points VARIOUS PROJECTS AND PARTICIPATION 250 points FINAL TEST 150 points TOTAL 700 points Notes: All tests are cumulative and are made up of multiple choice and/or essay questions. No make-ups are possible unless an emergency occurs. If you have a problem, please see me or call me. Homework assignments will be randomly collected for extra points. Drop deadline is March 11th, after this date AUTOMATIC F! To get a grade of A/Credit you need 90% of the total points To get a grade of B/Credit you need 80% of the total points To get a grade of C/Credit you need 70% of the total points To get a grade of D/No Credit you need 60% of the total points To get a grade of F/No Credit you would be under 60% of the points SUGGESTIONS - To do well in class I suggest you do the following: a) Finish your reading assignment before going to class or Blackboard and take notes about the information you gather. You will discover that you need to read the material over a couple of times before it makes sense. Go to Assignments and do the homework listed, post any questions you may have under that chapter and check your answers with the ones posted. b) Make sure you post questions in the Discussion Board about the material in the book or homework you do not understand. Bring up current events for discussion. Economics is a very current topic. c) Your class participation on the Discussion Board is CRITICAL! You are in this class because you chose to be here. Make it a rewarding and interesting experience for you. Economics is a challenging subject, and by the same token, an interesting one. In order for you to learn, you will have to work at it. HAVE FUN!!! Jose's Webpage