Big Sandy Community and Technical College
Course Syllabus
PS Number:
3714
Semester:
Faculty
Name
Daniel E. Bell
Course Prefix & Number:
Summer
Year:
Title:
Professor of Business &
Economics
2015
Course
Prerequisites:
Credit Course
Hours: 3
Credit will not be given for this course to students who have receive credit in
ECO 260.
Course Title:
Principles of Macroeconomics
Catalog Course
Description
ECO 202
A study of how society’s needs are satisfied with the limited resources
available. Topics include contemporary issues such as inflation,
unemployment, economic growth, international dependencies, and
how public policy deals with them.
Instructor Contact Information:
Campus
Location:
Office Hours:
Building &
Room:
Prestonsburg
Pike 215D
N/A
Office Phone
Number:
Best Times to Call:
1-888-641-4132
Alternate Number:
886-3863, Ext. 64781
The best place to communicate with me is in the message area of the
blackboard course shell.
Daniel.bell@kctcs.edu
KCTCS
Email:
Special
N/A
Instructions:
Supervisor Contact Information:
Name:
Keithen McKenzie
Campus
Location:
Office Phone
Number:
Mayo
788-2896
Building & Room:
C -- 118
KCTCS
Email:
Keithen.McKenzie@kctcs.edu
Text and Supplies:
Macroeconomics, McConnell & Brue, Flynn 19th Edition – Copyright 2012
by McGraw-Hill-Irwin.
Approved Course Competencies
General Education: (KCTCS General Education Competency Statements and General
Education Requirements)
I. Communicate Effectively
1.
2.
3.
Read and listen with comprehension.
Speak and write clearly using Standard English.
Interact cooperatively with others using both verbal and nonverbal means.
4.
Demonstrate information processing through basic computer
skills.
How Implemented in Class:
Students in Economics 202 will fulfill this competency by
demonstration of creative presentation and to answer the end of
chapter question competency by reading the textbook.
II. Think Critically
1.
Make connections in learning across the disciplines and draw
logical conclusions.
2.
Demonstrate problem solving through interpreting, analyzing,
summarizing, and/or integrating a variety of materials.
3.
Use mathematics to organize, analyze, and synthesize data to
solve a problem.
How Implemented in Class: Students in Economics 202 will fulfill this competency by using critical
thinking skills in their analysis of economic data in answering the end of
chapter questions and problems.
III. Learn Independently
1.
Use appropriate search strategies and resources to find,
evaluate, and use information.
2.
Make choices based upon awareness of ethics and differing
perspectives/ideas.
3.
Apply learning in academic, personal, and public situations.
4.
Think creatively to develop new ideas, processes, or products.
How Implemented in Class:
Students in Economics 202 will fulfill this competency by through the
creative presentation…
IV. Examine Relationships in
1.
Recognize the relationship of the individual to human heritage
Diverse and Complex
and culture.
Environments
2.
Demonstrate an awareness of the relationship of the
individual to the biological and physical environment.
3.
Develop an awareness of self as an individual member of a
multicultural global community.
How Implemented in Class: Students in Economics 202 will fulfill this competency by their read
through their creative presentation.
Course Specific Competencies:
Student achieving a passing grade will be able to demonstrate proficiency in the following areas, to a
degree commensurate with the grade received.
Upon completion of this course, the student can:
1.
Demonstrate an understanding of the three basic macroeconomic goals: full employment,
economic growth, and price stability.
2.
Calculate domestic output, national income, the price level, and unemployment.
3.
Demonstrate and apply basic macroeconomic relationships using the aggregate expenditures
model and the aggregate demand-aggregate supply model.
4.
Describe the role of fiscal and monetary policies as stabilization tools.
5.
Identify and describe the competing schools of thought of macroeconomics.
6.
Demonstrate an understanding of the gains from trade and identify types and effects of trade
restrictions.
7.
Identify and discuss current macroeconomic issues.
Lab Competencies: (Enter N/A if this does not apply.)
N/A
Course Outline:
Course Outline
I. Measuring Macroeconomic Outcomes
A. National Income Accounting
B. Unemployment
C. Inflation
II. Basic Macroeconomic Relationships
A. Aggregate Expenditure
B. Aggregate Demand and Aggregate Supply
III. Stabilization Tools
A. Fiscal Policy
B. Monetary Policy
IV. The International Economy
A. International Trade
B. International Finance
Week / Date
Activities / Assignments
1.
Read your syllabus and send me a message through this course telling me if
you plan on being an active participant in the course. That is, do you plan on
starting and finishing this course? Also, let me know if you have any questions
about this course. Please send all communication through this course
shell. Use the "messages" link through the communication tab
Learn Smart Chapter 6 An Introduction to Macroeconomics, Video Case The
Economics of Upgrading, P3C6 Learn Smart Chapter 7 Measuring Domestic
Output and National Income, Due Friday 6/12/15 11:59 p.m.
2.
Chapter Six Quiz, Chapter Seven Quiz, P1C7, P4C7, P7C7 , Learn Smart
Chapter 8 Economic Growth, Chapter Eight Quiz, P1C8,, Learn Smart Chapter
9 Business Cycles Unemployment, and Inflation, ,Chapter Nine
Quiz,P1C9,Q1C9, Test One
Due Friday 6/12/15 11:59 p.m.
3.
Learn Smart Chapter 10 Basic Macroeconomic Relationships, Video Case The
Economics of Fiscal Stimulus, Chapter 10 Quiz, P1C10, Q2C10, Learn Smart
Chapter 11 The Aggregate Expenditures Model, Chapter Eleven Quiz, P1C11,
P3C11
Due on Friday 6/26/15 11:59 p.m.
4.
Learn Smart Chapter 12 Aggregate Demand and Aggregate Supply, Chapter
twelve Quiz, P3C12,, Learn Smart Chapter thirteen Fiscal Policy, Deficits and
Debt, Chapter Thirteen Quiz, P1C13 ,Q4C13, Test Two
Due on Friday 6/26/15 11:59 p.m.
5.
Learn Smart Chapter 14 Money Banking and Financial Institutions, Video Case
The Economics of Banking, , P1C14, Q1C14, Learn Smart Chapter 15 Money
Creation , Due Friday, 7/10/15 , 11:59 p.m.
6.
Chapter Fourteen Quiz, P5C15, Q2C15, Chapter Fifteen Quiz, Learn Smart
Chapter 16 Interest Rates and Monetary Policy, Chapter Sixteen Quiz, P1C16,
Q4C16,Learn Smart Chapter 17 Financial Economics, Chapter 17 Quiz, P1C17,
Test Three Due Friday July 10/15, 11:59 p.m.
7.
Creative presentation and article due by 7/17/15 11:59 p.m. Friday
Learn Smart Chapter 18 Extending the Analysis of Aggregate Supply, Chapter
Eighteen Quiz, Learn Smart Chapter 19 Current Issues in Macro Theory and
Policy, Chapter Nineteen Quiz, Q7C19, Test Four Due on Friday , 7/17/15 ,
11:59 p.m.
8.
Learn Smart Chapter 20 International Trade, Chapter Twenty Quiz, Q1C20,
P1C20, Learn Smart Chapter 21 The Balance of Payments Exchange Rates and
Trade Policy, Video Case The Economics of Chinese Exchange Rates, Chapter
Twenty-One Quiz, P1C21, Test Five Due
FRIDAY, 7/24/15, 11:59 pm.
9.
10.
11.
12.
13.
14.
15.
16.
17.
Course Structure:
The following methods of instruction will be used. I rely on the following activities: Learn
Smart, questions and problems at the End of the chapters, video cases, quizzes, tests, and the
creative presentation for this course. I communicate daily within the course shell (message
area). I will also communicate with you through Face Book.
Technology/Media Component:
This course uses the Connect platform. Students must purchase a user code to access the course.
Service-Learning:
N/A
Course Requirements and Evaluation:
Exams: There will be five exams given for this course. Each exam will be worth 100 points.
Exams will be a mixture of multiple choice, and true & false questions.
Quizzes: There will be sixteen quizzes given for this course. One quiz will be given per
chapter
Learn Smart: There will be sixteen Learn Smart activities (Flash Cards). One Learn Smart
per chapter.
Problems: There will be sixteen problems. These are problems I will assign from the end of
the chapter from your textbook.
Questions: There will be eight questions. These are questions I will assign from the end of
the chapter from your textbook.
Video Cases: There will be four video cases. These are video cases developed to aid you in
learning the material
CREATIVE PRESENTATION: Students will be required to give a presentation over a micro economic
idea. The creative presentation involves taking an economic idea, concept, or theory and explaining it
in a creative way. The student should first define the idea he or she is going to talk about. After
defining the idea or concept you should start explaining it in a creative fashion. For example, explain
how this idea or concept impact you or society as a whole. How do you see the influence of this idea
or concept within the marketplace? What are the effects of this idea upon your behavior or society’?
The creative presentation is not about a conglomeration of facts and figures. Rather it rest on a basic
concept, theory, term or principle that you choose to explain and reflect upon. Use your critical
thinking and creativity to shed light upon the idea you choose to explain. The creative presentation can
be done either by a written approach or a power point presentation. The written approach should
consist of 3-5 well written paragraphs .Alternatively; you may also choose to use the power point
format. If you do this approach think about how you can make it creative as you organize you
information. In either approach, do your best not to just list data and facts, but think about what the
idea is that you want to convey. Then convey your idea in such a way as to bring about some element
of creativity and freshness to an old idea or concept. Hence, the creative presentation is not about
regurgitating information about facts but rather about presenting a fact, idea, theory, concept, or
principle in a creative way. This is worth twenty five
The instructor is not responsible for equipment (hardware) or software problems.
Your grade will be based on the following:
Video Cases 4@ 10 points each
End of Chapter Questions 5 @ 10 points each
1@ 20 points and 2@30 points
End of Chapter Problems 16 @ 10 points each
Lean Smart activities 16 @ 10 points each
Exams 5 @ 100 points each
Quizzes 16 @ 10 points each
Creative Presentation
40
130
160
160
500
160
25
Total
1175
In addition, your instructor reserves the right to weigh other factors (such as degree and quality of
class participation (usually judged by completion of total items possible) and/or extra-credit work, in
determining each student’s final course grade. Late extra credit will not be accepted.
Grading Policy:
The scale below shows the relationship between your semester percent average and the letter grade
you will receive. Slight deviations from this scale are possible if they seem advisable Your final grade
will be based on the following scale:
A= 1057.5-1175
B= 940 -1056.5
C= 822.5-939
D= 705-821.5
E= 0-820.5
Attendance Policy:
I expect students to respond to a question I will send out during the first day of class in regard
to his/her reading of the class syllabus and intentions on completing the course. If you do not
respond within the first week of class I may have you administratively withdrawn from the
course. Furthermore, students are expected to read all messages sent to them and to read all
communication within the course shell
Missed Exam Policy:
No Make-up exams will be given. Instead, for exams (1-4) a 2% penalty will apply for each day it is
submitted late. All exams MUST be submitted by the last day of class (final exam date for test 5) listed
in the syllabus. Otherwise a grade of zero will be assigned for a missed exam
IF a student misses test 5 a grade of zero will be assigned for that test.
Late Assignment Policy:
There will be no late item acceptance on any required item EXCEPT test (1-4) and quizzes
(Chapter Six Quiz through Chapter Nineteen Quiz)-for these quizzes a 5% penalty will apply
for each day it is submitted late. All quizzes and test MUST be submitted by the last day of
class (final exam date for test 5) listed in the syllabus. Otherwise a grade of zero will be
assigned for a missed quiz or test.
Late assignments (Video Cases, Questions and Problems at the end of the chapter, Learn Smart
activities, chapter twenty quiz, chapter twenty-one quiz,, test 5, and creative presentation)) will NOT be
accepted. A grade of zero will be assigned if any of these are not submitted by the due date.
Withdrawal Policy:
From the date to drop a course without a grade through mid-term, students at their discretion,
may officially withdraw from a class and receive a grade of W. After the mid-term date
through the end of class work (see Academic Calendar), this instructor will allow a student to
withdraw only under extraordinary circumstance such as illness, accident, etc. The student
must see the instructor.
ARTICLE II - ACADEMIC POLICIES AND PROCEDURES
http://www.kctcs.edu/student/studentcodeofconduct.pdf
(Referenced in the Rules of the Community College Senate, Section VII and in the Rules of the
Technical College Senate, Section VII). The following information is available on the BSCTC
Homepage: www.Bigsandy.kctcs.edu go to Current Students and under Right to Know click
on Student Code of Conduct. Paper copies of all the documents listed under Right to Know
are also available upon request at the Admissions Office or Library on the Mayo, Pikeville and
Prestonsburg Campuses.
2.1 Academic Honesty Policy
2.2.1 Information about course content
grading criteria
2.2.3 Contrary opinion
2.2.5 Academic records
and ability
2.3 Student Academic Offenses and Academic Sanctions
Offenses
2.3.1.1 Plagiarism
2.3.1.3 Student Co-Responsibility
Falsification of Academic Records
2.3.2 Academic Sanctions/Penalties of Students
Sanctions
2.4 Student Appeals and Responsibilities
2.2 Academic Rights of Students
2.2.2 Information about course
2.2.4 Academic evaluation
2.2.6 Evaluation of student character
2.3.1 KCTCS Academic
2.3.1.2 Cheating
2.3.1.4 Misuse or Student
2.3.2.2 Other Academic
2.4.1 Student Responsibilities
2.4.1.1 Responsibility Involving Academic Rights of Students (section 2.0)
Please refer to flowchart: Appeals in Cases of an Alleged Violation of Student Academic Rights Figure
1) 2.4.1.2 Responsibility Involving Academic Offenses (section 2.3) When a student is believed to be
guilty of any of the four academic offenses (2.3.1.1 – 2.3.1.4), a student will find information concerning
responsibilities of college personnel in section 2.5.2.
Safety and Security - The following information is available on the BSCTC Homepage at:
http://www.bigsandy.kctcs.edu/safety_security/index.html
Safety Handbook v. 08-09, KCTCS Emergency Notification System Guidelines, Emergency
Management in the Instructional Setting, and Opt-in for SNAP Safety Notification and Alert
Process.
Center for Enrichment Resources
http://www.bigsandy.kctcs.edu/student_support/cer/
The BSCTC Center for Enrichment Resources (CER) offers students academic assistance in all
subject areas. Campus Locations: Prestonsburg Campus the CER is located in the Magoffin
Bilding, room 219. The Testing Center is located in the Magoffin Building, room 218. Pikeville
Campus the CER is located in room N202. The Testing Center is located in room N216. Mayo
Campus the CER is located in Building C, room 124. The Testing Center is located in Building
C, room 112.
Additional Information Available at the Current Student Portal
http://www.bigsandy.kctcs.edu/current_students
Online Access
Student Services
Information
College Life
Academic Information
Know
Registration
Right to
Americans with Disabilities Act (ADA)Statement
http://www.bigsandy.kctcs.edu/student_support/disability
Students with disabilities: If you are in need of an
accommodation because of a documented disability, you are
required to register with Disability Support Services each
semester.
Contact: Janie Beverley, Coordinator for Disability Support
Services; Student Center Room 103; Ph: (606) 886-7359;
Toll-free 888-641-4132, ext. 67359; Email:
janie.beverley@kctcs.edu