This course examines national economic systems with emphasis on the United States. Topics include gross national product, business cycles, employment and prices, recession and inflation, fiscal and monetary policy, and rudiments of international trade. Basic algebra skills required.
1. Explain the fundamental principles and theories of macroeconomics, including aggregate economic performance, trends in production, consumption, prices and employment.
2. Describe the development of macroeconomics as a social science, and provide examples of how macroeconomic concepts such as output, unemployment, and inflation can be used to explain human behavior and subsequent historical phenomena.
3. Examine the impact of human social, cognitive, and emotional behaviors on economic decisions of individuals and firms, and discuss the impact of this behavior on consumption, savings, and investment.
4. Identify the principal components of national production, including consumption, investment, government spending, imports/exports, and their interrelation.
5. Explain causes of economic fluctuation, the nature of business cycles and corollary trends in national price levels, and causes and impacts of interest rate levels.
6. Describe national fiscal and monetary policy; analyze their respective roles, historically and in the current economic environment; and explain how different policies impact the behavior of individuals and society.
7. Identify functions of money and activities of the United States banking system including the role of the Federal Reserve System.
8. Compare capitalism with other economic systems and analyze current world economic development in the context of comparative economic systems.
9. Examine current research and analytical methods in macroeconomics, and explain how economists apply these methods to analyze and respond to real world events.
Fall 2019 textbook data will be available on May 13.
On that date a link will be available below that will take you to eCampus, CCV's bookstore. The information provided there will be for this course only. Please see this page for more information regarding the purchase of textbooks.
ECO2020 - Macroeconomics
Credits 3
This course examines national economic systems with emphasis on the United States. Topics include gross national product, business cycles, employment and prices, recession and inflation, fiscal and monetary policy, and rudiments of international trade. Basic algebra skills are required.
Prerequisites: Students must been basic skills policy Requirements. No other course prerequisites required.
CCV Catalog
Course Outcomes:
At the end of this course, students will be able to:
·Properly explain supply and demand and describe their impact on a market.
·Identify monopoly and summarize it's impact on a market.
·Describe how a government can remedy market failures.
Outline
Every section has a prescribed checklist of activities required to successfully complete the lesson. Follow this checklist, in the specified order, to complete each lesson.
|
Section
|
Chapters
|
Requirements
|
|
Section 1
|
Chapters 01-03
|
Discussion 01, Quiz 01
|
|
Section 2
|
Chapters 04-07
|
Discussion 02,Quiz 02
|
|
Section 3
|
Chapters 08-11
|
Discussion 03, Quiz 03
|
|
Section 4
|
Chapters 12-15
|
Discussion 04,Quiz 04
|
|
Section 5
|
Chapters 16-19
|
Discussion 05, Quiz 05
|
|
Section 6
|
Chapters 20-22
|
Discussion 06, Quiz 06
|
|
Section 7
|
Review Chapters 01-22
|
Discussion 07,Final Paper
|
Required Textbooks
Textbooks required for this course include:
·Mankiw, G (2015). Principles of Macroeconomics, (7th ed.). Boston, MA: Cengage.
·Optional: Several Open Educational Resources (OER) links are located at the front page of this course.
Quizzes and Exams
ECO2020 includessix quizzes that cover the concepts from your textbook readings. There will be a total of 30 questions per quiz. The quizzes will be timed (one hour). You are only allowed to take the quiz one time. The quiz will auto-submit at the end of the time limit, even if you are not finished. A clock will show remaining time in the upper left block and feedback will be provided after your quiz is submitted. When you are finished with each group of questions click Next. Check the upper left to make sure you have answered all the questions or perform any reviews of questions. Submit your quiz using the Submit all and finish button.
Grades
The following table shows the graded assignment types contained within this course and the assigned weight to determine the final course grade.
|
Graded Assessment Type
|
Points
|
Weight (%)
|
|
Discussions (07 at20 points each)
|
140 total
|
28%
|
|
Quizzes (06 at 30 points each)
|
180total
|
36%
|
|
Final Paper
|
180 total
|
36%
|
|
Total
|
500 total
|
100%
|
Letter grades for the course will be based on the following grading scale.
|
Letter Grade
|
Percentage
|
Grade Point
|
|
A
|
93-100%
|
4.0
|
|
A-
|
90-92.9%
|
3.7
|
|
B+
|
87-89.9%
|
3.3
|
|
B
|
83-86.9%
|
3.0
|
|
B-
|
80-82.9%
|
2.7
|
|
C+
|
77-79.9%
|
2.3
|
|
C
|
73-76.9%
|
2.0
|
|
C-
|
70-72.9%
|
1.7
|
|
D+
|
67-69.9%
|
1.3
|
|
D
|
63-66.9%
|
1.0
|
|
F
|
Below 63%
|
0
|
For complete information on the Grading Policy, please refer to theCCV Online Catalog(Sub-Section of Catalog on "Grading")
Course Description
This is a fast-paced course. Your regular participation is essential to you passing this course. This includes participating in weekly discussions, and timely submissions of your written work.
Discussion Groups
You will be assigned to a small discussion group. Each week your group will have a graded discussion. The quality of your posts and those of your fellow students will create a lively discussion and ensure that a high level of learning occurs.
Your first post should be substantive (approximately 200-300 words) and should be made by Wednesday at the latest. It should answer the question using your own experiences, if appropriate, and, very importantly, it should refer to the readings of that week, using correct citations. For this course, we will use APA and there are helpful writing guidelines on the main course page for you to access when citing your sources.
Your second post should be responses to posts of your fellow group members. Responses such as, "Good point", or, "I agree" are not sufficient. Your response posts should be substantive: ask questions, point out additional thoughts, etc. Disagreement and critical feedback are part of an academic classroom, as is respect for the diversity of opinion.
Online Etiquette
A student's online behavior is expected to be professional, ethical, and in compliance with college rules and regulations.
Late Work
It is important that all written assignments and discussion posts be completed on time. Extensions will be given only for serious extenuating circumstances. In the absence of such extensions, assignments may be downgraded for lateness at the discretion of the instructor.
Academic Honesty
A student must submit work that represents the student's own original analysis and writing. Copying another's work is not appropriate. If the student relies on the research or writing of others, the student must cite those sources. Words or ideas that require citation include, but are not limited to all hardcopy or electronic publications, whether copyrighted or not, and all verbal or visual communication when the content of such communication clearly originates from an identifiable sources. While students are encouraged to seek editing feedback, extensive revisions of one's work by another person is considered a lack of academic honesty, as it is representing another student's work as one's own.
For more information see:
Academic Honesty Policy
Copyright Notice
