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2018-19

Web Schedule Fall 2018


Revision Date: 29-Jul-18

ECO-2020-VO01Y - Macroeconomics


Synonym: 177336
Location: Online
Credits: 3 (45 hours)
Accelerated Section: This course has special meeting dates and times. See comments below or consult VSC Web Services - Search for Sections in the VSC portal for specific dates and times. If you have any questions call the site office offering the course.
Semester Dates: 10-30-2018 to 12-17-2018
Last day to drop without a grade: 11-08-2018 - Refund Policy
Last day to withdraw (W grade): 11-27-2018 - Refund Policy
Faculty: Carl Hooker | View Faculty Credentials
This course has started, please contact the offering academic center about registration
This section meets the following General Education Requirement(s):
Human Behavior
    Note
  1. Many degree programs have specific general education recommendations. In order to avoid taking unnecessary classes, please consult with additional resources like your program evaluation, your academic program page, and your academic advisor.
  2. Courses may only be used to meet one General Education Requirement.

Browse the Moodle Site for this class.

Course Description:

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.

Essential Objectives:

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.

Additional Instructor Pre-Assignments/Notes/Comments:

 Please be sure to read ALL of the material I post. Before classes start it is helpful to read all of the itemas at the top if the class portal, get your textbook, and review the syllabus.

It is my hope that this will be an interesting class, stay current with your reading, post early and often in order to achieve the best possible interaction for understanding the material. Enjoy and have some fun, we talk about real world stuff within economic theories and policies.

Methods:

Assignment Guidelines 

 Rather than repeating the same instructions for you each week, I thought I would outline your general responsibilities in this document. Specific instructions will be provided from time to time. 

I will open up the entire course at the beginning since in essence a 7 week class is essentially a go at your own pace class. I will post expectations of where you should be by the end of each week as part of the syllabus, but if you need/want to work ahead you may. Just note that the discussions are a very large part of how any online class works and if you are well ahead of your classmates you will not get their feedback until they catch up.

a). Reading assignment: Every week, you will have several chapters, or portions thereof, to read from your textbooks.

b). Homework Questions: These are your individual "homework" questions. Of course, you must do your own work. Your homework constitutes a significant portion of your course grade.

Graphs are NOT required to be submitted, just indicate on your posting that you did it. So if a graph is needed for Problem #4 a. you would put

#4 a. Drew graph

Note that some parts will ask for a graph and then some sort of calculation or explanation in the same part, make sure you do that part as well.

1). The questions will be the PROBLEMS at the end of each chapter, not the True/False or Multiple Choice sections.

2). Some questions will require more discussion than others. Use your best judgment. Do NOT, however, simply repeat portions of the text as your answer. I am expecting you to think and analyze the issues; the assignments are not challenges to find something hidden in the book. You may have to explain an answer in your own words or provide examples. 

3). Please answer your questions within the body of the assignment link, as opposed to attaching them in a separate document. Attachments can create conversion issues and may present unpleasant virus problems. 

I encourage you to retain a copy of your answers, in case, for some reason, they do not post properly. 

Proper Email addresses:

Carl.Hooker@ccv.edu

You may also receive emails from me at ccvmacroeconomics@gmail.com

Critical Thinking Questions: Each week, you must contribute to your Group's discussion board. This is an important part of the course, in fact the most important, and constitutes a large portion of your grade. In accordance with attendance policies you must post your answers/comments over two separate days. Three separate posts are required for full credit. The week runs from Tuesday thru Monday. You should endeavor to stay at least on pace with the syllabus.

The questions that will be discussed on the discussion board will be drawn from each week's materials. 

Please respond to existing threads. This should make the logistics of reading and responding to comments more efficient. Thus, if there are four discussion board questions assigned in a given week, there should be four threads on the discussion board that week. Please keep your responses to approximately 150 words. Do not forget to cite sources where appropriate, a footnote is fine or a link in the body of your post will also do. Since this is an online class I expect you to do some research on your own as we do not have the same chances to dialog as we would in a traditional classroom.

I would hope that you format the posts to be readable containing good spelling, punctuation, grammar, and font size and selection.

Again, every student must have at least three substantive and substantial comments in total (not for each question) each week over TWO separate days. When posting to the discussion boards, post your comments early in the week. This has two benefits. First, the discussion will be better if it progresses throughout the week. Therefore, you're more likely to learn something through the discussions. (You won't learn as much by making "drive by" postings). Second, if you wait until the last minute, you may find that someone else has raised the same point that you wanted to mention. You will thus find it more difficult to make substantive comments. 

To earn full credit for your participation, your comments must be both substantive and substantial. A comment such as "I agree" or "good job" does not further a discussion and will not earn full points. Therefore, please do not clutter the discussion boards with these sorts of comments. Please make your postings count! 

Quiz: There is a quiz each week of class from the selected chapters for the week. 

If you have questions about concepts in a particular assignment, please discuss them in the discussion section with your fellow students. While you must do your own work, I do not object to (and I actually encourage) the use of your colleagues as a resource in this fashion. You may also find answers in your textbook or in other resources; I encourage you to share these, as well. 

Please stay current with the material. This course will require a lot of work, and if you fall behind, it will be very difficult to catch up. 

I will try to stay reasonably current with the grades. You can check your grades on Moodle. Please recognize that this is a large class and I have another sections also quite large, and try to be patient, but if you have questions about your grades, feel free to ask. 

Although it is an unpleasant subject to bring up, I must remind everyone that I will not tolerate cheating in any form. It should go without saying that your academic honesty is expected (and anticipated). Any academic dishonesty will be dealt with in as severe a manner as possible. "Academic dishonesty" includes, but is not limited to, unauthorized collaboration on course work with other students (including past or former students), the passing off of another's work as one's own, or assisting other students in such activities.

 

Evaluation Criteria:

 Grades will be based on the following: 

Written Homework 15%

Quizes 15%

Participation 40%

Midterm Exam 15%

Final Exam 15%

Grading Criteria:

Grade Criteria 

The following grade scale will be used to evaluate student performance for awarding letter grades. Grades A through C constitute a Satisfactory Evaluation. 

-A- 

Outstanding work which demonstrates an understanding of all course objectives. 

Positions well argued in classroom discussions with many supportive examples and illustrations from readings, cultural experiences and lectures. 

Accurate use of the special vocabulary and key concepts appropriate to the discipline being discussed. 

Written assignments which are well organized and without significant conceptual or grammatical error. 

-B- 

Fine work which demonstrates an understanding of all course objectives. 

Positions reasonably argued in classroom discussions with some supportive examples and illustrations from readings, cultural experiences and lectures. 

Accurate use of key concepts and some vocabulary appropriate to the discipline being discussed. 

Written assignments which are clearly organized with few conceptual or grammatical errors. 

-C- 

Solid work of a satisfactory nature which demonstrates an understanding of a majority of the course objectives. 

Positions which demonstrate clear evidence of comprehension but make limited use of examples and illustrations from readings, cultural experiences and lectures. 

Written assignments with some organizational, factual or interpretive errors. 

-D- 

Sub-standard work of an unsatisfactory nature which does not demonstrate an understanding of a majority of the course objectives. 

Positions which demonstrate poor comprehension, does not make use of examples and illustrations from readings, cultural experiences and lectures. 

Written assignments with many organizational, factual or interpretive errors. 

-F- 

Unacceptable work submitted with such significant deficiencies that no credit can be awarded. 

Textbooks:

Fall 2018 textbook data will be available on June 4. 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.

ECO-2020-VO01Y Textbooks.

The last day to use a Financial Aid advance to purchase textbooks is the 3rd Tuesday of the semester. See your financial aid counselor at your academic center if you have any questions.

Contact Faculty:

Email: Carl Hooker
Hiring Coordinator for this course: Philip Crossman

Attendance Policy:

 Critical Thinking Questions: Each week, you must contribute to your Group's discussion board. This is an important part of the course, in fact the most important, and constitutes a large portion of your grade. In accordance with attendance policies you must post your answers/comments over two separate days. Three separate posts are required for full credit. The week runs from Tuesday thru Monday.

The questions that will be discussed on the discussion board will be drawn from each week's materials. 

Please respond to existing threads. This should make the logistics of reading and responding to comments more efficient. Thus, if there are four discussion board questions assigned in a given week, there should be four threads on the discussion board that week. Please keep your responses to approximately 150 words. Do not forget to cite sources where appropriate, a footnote is fine or a link in the body of your post will also do. Since this is an online class I expect you to do some research on your own as we do not have the same chances to dialog as we would in a traditional classroom.

I would hope that you format the posts to be readable containing good spelling, punctuation, grammar, and font size and selection.

Again, every student must have at least three substantive and substantial comments in total (not for each question) each week over TWO separate days. When posting to the discussion boards, post your comments early in the week. This has two benefits. First, the discussion will be better if it progresses throughout the week. Therefore, you're more likely to learn something through the discussions. (You won't learn as much by making "drive by" postings). Second, if you wait until the last minute, you may find that someone else has raised the same point that you wanted to mention. You will thus find it more difficult to make substantive comments. 

To earn full credit for your participation, your comments must be both substantive and substantial. A comment such as "I agree" or "good job" does not further a discussion and will not earn full points. Therefore, please do not clutter the discussion boards with these sorts of comments. Please make your postings count! 

 

Syllabus:

'7 Week Syllabus'

 wk# ch# chapter

1 Intro Introduction: A Brief History of U.S. Economic Growth

1 Scarcity and Choices

2 Trade and Economic Systems

3 Demand, Supply, and Equilibrium

2 17 Elasticity

18 Utility

4 Inflation and Unemployment

3 5 Measuring Total Output:  GDP

6 The Aggregate Market

4 MIDTERM EXAM

7 Classical Economic Theory

8 Keynesian Economic Theory

5 9 Fiscal Policy

10 Money and Money Creation

11 The Federal Reserve System and Inflation

6 12 Monetary Policy

13 Taxes, Deficits, and the National Debt

14 Economic Growth

7 15 Less Developed Countries

16 International Trade

FINAL EXAM

 

Please note: In order to receive accommodations for disabilities in this course, students must make an appointment to see the Americans with Disabilities Coordinator in their site and bring documentation with them.

Academic Honesty: CCV has a commitment to honesty and excellence in academic work and expects the same from all students. Academic dishonesty, or cheating, can occur whenever you present -as your own work- something that you did not do. You can also be guilty of cheating if you help someone else cheat. Being unaware of what constitutes academic dishonesty (such as knowing what plagiarism is) does not absolve a student of the responsibility to be honest in his/her academic work. Academic dishonesty is taken very seriously and may lead to dismissal from the College.

Course description details subject to change. Please refer to this document frequently.

To check on space availability, choose Search for Classes.


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