COLLIN COUNTY COMMUNITY COLLEGE DISTRICT
DIVISION OF BUSINESS AND COMPUTER SCIENCE
COURSE SYLLABUS
Summer II 2015
Course Number: ECON 2301
Course Title: Principles of Macroeconomics
Course Description: An analysis of the economy
as a whole including measurement and
determination of Aggregate Demand and
Aggregate Supply, national income, inflation,
and unemployment. Other topics include
international trade, economic growth, business
cycles, fiscal policy, and monetary policy.
Course Credit Hours: 3
Lecture Hours: 3
Assessments: Placement in ENGL 1301;
College-level reading.
Instructor’s Information:
Instructor: Mike Cohick, PhD.
Office: L263 (library).
Office Hours: TW 1.00pm-3.00pm, or by
appointment.
Tutoring/Advising: M 1.00pm-3.00pm
Office Phone: 972-881-5840.
Email: mcohick@collin.edu
Class Information (meet in SCC J209):
2S1 MTWR 8.00 am - 10.00 am
2S2 MTWR 10.10 am - 12.10 pm
Class also meets on Friday the first two
weeks.
State-mandated Learning Outcomes
(SLOs): Upon successful completion of this
course, students will be able to:
1. Explain the role of scarcity, specialization,
opportunity cost, and cost/benefit analysis in
economic decision-making.
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.
3. Compare alternative economic systems with
respect to the role of government and the
private sector.
4. Define and measure the national income and
rates of unemployment and inflation.
5. Identify the phases of the business cycle and
the problems caused by cyclical fluctuations in
the market economy.
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.
7. Define economic growth and identify sources
of economic growth.
8. Define money and the money supply;
describe the process of money creation by the
banking system and the role of the central bank.
9. Explain the mechanics and institutions of
international trade and their impact on the
macro economy.
Withdrawal Policy: Students are
allowed to withdraw from the course if
they have not completed the required
work by the “Last Day to Withdraw.”
Students who do not complete all of the
required work by the end of the course
will receive a letter grade based on the
work completed. There will be no
grades of “incomplete” given. Note that
the professor cannot withdraw you
from class. You must complete a drop
form with Admissions and Records to
formally withdraw. The last day to
withdraw is July 28, 2015.
Collin College Academic Policies: Any
situation in which cheating and other
unethical activity is suspected will be
brought to the attention of the Dean of
Students for adjudication and
disposition. Do your own work. The
penalty for scholastic dishonesty is a
grade of zero on the work in question.
See the current Collin Student Handbook
for additional information.
Attendance Policy: You are expected to
attend every class and participate in
class activities. You are responsible for
all work assigned and all material
covered in class. Religious Holy Days:
Please refer to the current Collin
Student Handbook.
Course Resources: The (optional)
textbook is Miller, Economics Today:
The Macro View, 17th Edition. Do not
buy any web-based access code. I do
not use the web-based program. Any
textbook will do; pick one out of the
library or buy one on-line. Use its index
to correlate the reading assignments.
You will need 14 3x5 index cards.
Method of Evaluation:
There are 3 exams, each worth 100
points. Miss exam 1 or exam 2? Take
the make-up exam during the last two
days of classes. (Don’t miss both. Only
one make-up is allowed.) There is no
make-up for exam 3; you get a zero if
you miss it.
There are 14 quizzes, each worth 5
points, totaling 70 points. You will need
a 3x5 card to take the 5-minute quiz in
the first 10 minutes of class. Come late?
No quiz. No makeups.
Total points possible: 370 points. I will
divide by 350, so there is 20 points
“extra credit.”
To get an A (90%), you need 315 points.
To get a B (80%), you need 280 points.
To get a C (70%), you need 245 points.
To get a D (60%), you need 210 points.
There may be a small curve only for
those who have excellent attendance
and fully participate in class activities.
Blackboard:
I will post a copy of the syllabus and the
course study guide on Blackboard.
I do not post grades on Blackboard.
LESSON PLAN
Summer II 2015
Warning! There will be class on Friday, July 17 and Friday, July 24.
Dates
Part
Topic
Reading Assignment (Miller)
M 7/13 -- W 7/15
1
Basic Economic Ideas
Chapters 1 and 2
R 7/16 – F 7/17
2
The Market Economy
Chapters 3 and 4
M 7/20
EXAM 1
T 7/21 – W 7/22
3
Macroeconomic Measurements
Chapters 7 and 8
R 7/23 – M 7/27
4
The AD-AS Model; Fiscal Policy
Chapters 10 through 14
T 7/28
EXAM 2
W 7/29 – R 7/30
5
Economic Growth; Supply-Side Policy Chapter 9
M 8/3 – W 8/5
6
Money, Banking; Monetary Policy
Chapters 15 and 16
R 8/6 – M 8/10
7
International Economics
Chapters 32 and 33
T 8/11
EXAM 3