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No Cost Textbook/Resources Courses

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Course Planning by Program

2024-25

Essential Objectives

Course Syllabus


Revision Date: 21-Mar-24
 

Fall 2024 | ECO-2020-VO02 - Macroeconomics


Online Class

Online courses take place 100% online via Canvas, without required in-person or Zoom meetings.

Location: Online
Credits: 3 (45 hours)
Day/Times: Meets online
Semester Dates: 09-03-2024 to 12-16-2024
Last day to drop without a grade: 09-16-2024 - Refund Policy
Last day to withdraw (W grade): 11-04-2024 - Refund Policy
Open Seats: 6 (as of 07-19-24 5:05 PM)
To check live space availability, Search for Courses.

Faculty

Carl Hooker
View Faculty Credentials
View Faculty Statement
Hiring Coordinator for this course: Deb Grant

General Education Requirements


This section meets the following CCV General Education Requirement(s) for the current catalog year:
VSCS Social Sciences
    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 catalog year page, and your academic advisor.
  2. Courses may only be used to meet one General Education Requirement.

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.
10. Explain how macroeconomic theory has contributed to and/or been used to create, maintain, or dismantle systemic social inequities.


Required Technology

More information on general computer and internet recommendations is available on the CCV IT Support page. https://support.ccv.edu/general/computer-recommendations/

Please see CCV's Digital Equity Statement (pg. 45) to learn more about CCV's commitment to supporting all students access the technology they need to successfully finish their courses.


Required Textbooks and Resources


*** This is a no cost textbook or resource class. ***

This course only uses free Open Educational Resources (OER) and/or library materials. For details, see the Canvas Site for this class.


Methods

  • multimedia presentations and resources, lectures videos for each chapter
  • readings, writing, and inquiry-based research
  • online chapter discussion forums
  • end of chapter critical thinking questions and problems
  • chapter quizzes
  • midterm and final exams

Evaluation Criteria

Grades will be based on the following distribution:

Written Homework 15%

Quizzes 15%

Participation in Weekly Discussions 40%

Midterm Exam 15%

Final Exam 15%

Late Policy. Late submissions of Exams and Weekly Discussions are not accepted. Homework and Chapter Quizzes will be available for two days after the close of the week for late submissions. Each day late will generate a 5% deduction from the grade for that assignment.


Grading Criteria

CCV Letter Grades as outlined in the Evaluation System Policy are assigned according to the following chart:

 HighLow
A+10098
A Less than 9893
A-Less than 9390
B+Less than 9088
B Less than 8883
B-Less than 8380
C+Less than 8078
C Less than 7873
C-Less than 7370
D+Less than 7068
D Less than 6863
D-Less than 6360
FLess than 60 
P10060
NPLess than 600


Weekly Schedule


Week/ModuleTopic  Readings  Assignments
 

1
Welcome to Economics!
Choice in a World of Scarcity
  

Chapters 1 & 2

  

Discussion Forum

Chapter Quizzes

End of chapter critical thinking questions and problems

 

2
Demand and Supply
Labor and Financial Markets
  

Chapter 3 & 4

  

Discussion Forum

Chapter Quizzes

End of chapter critical thinking questions and problems

 

3
Elasticity
Consumer Choices (chapter file separate from main text file)
  

Chapters 5 & 6a

  

Discussion Forum

Chapter Quizzes

End of chapter critical thinking questions and problems

 

4
The Macroeconomic Perspective
Economic Growth
  

Chapters 6 & 7

  

Discussion Forum

Chapter Quizzes

End of chapter critical thinking questions and problems

 

5
Unemployment
Inflation
  

Chapters 8 & 9

  

Discussion Forum

Chapter Quizzes

End of chapter critical thinking questions and problems

 

6
The International Trade and Capital Flows
The Aggregate Demand/Aggregate Supply Model
  

Chapters 10 & 11

  

Discussion Forum

Chapter Quizzes

End of chapter critical thinking questions and problems

 

7
MIDTERM EXAM
    

Midterm Exam

 

8
The Keynesian Perspective
The Neoclassical Perspective
  

Chapters 12 & 13

  

Discussion Forum

Chapter Quizzes

End of chapter critical thinking questions and problems

 

9
Money and Banking
Monetary Policy and Bank Regulation
  

Chapters 14 & 15

  

Discussion Forum

Chapter Quizzes

End of chapter critical thinking questions and problems

 

10
Exchange Rates and International Capital Flows
  

Chapter 16

  

Discussion Forum

Chapter Quizzes

End of chapter critical thinking questions and problems

 

11
Government Budgets and Fiscal Policy
  

Chapter 17

  

Discussion Forum

Chapter Quizzes

End of chapter critical thinking questions and problems

 

12
The Impacts of Government Borrowing
  

Chapter 18

  

Discussion Forum

Chapter Quizzes

End of chapter critical thinking questions and problems

 

13
Macroeconomic Policy Around the World
  

Chapter 19

  

Discussion Forum

Chapter Quizzes

End of chapter critical thinking questions and problems

 

14
International Trade
Globalization and Protectionism
  

Chapter 20 & 21

  

Discussion Forum

Chapter Quizzes

End of chapter critical thinking questions and problems

 

15
FINAL EXAM
    

Final Exam

 

Attendance Policy

Regular attendance and participation in classes are essential for success in and are completion requirements for courses at CCV. A student's failure to meet attendance requirements as specified in course descriptions will normally result in a non-satisfactory grade.

  • In general, missing more than 20% of a course due to absences, lateness or early departures may jeopardize a student's ability to earn a satisfactory final grade.
  • Attending an on-ground or synchronous course means a student appeared in the live classroom for at least a meaningful portion of a given class meeting. Attending an online course means a student posted a discussion forum response, completed a quiz or attempted some other academically required activity. Simply viewing a course item or module does not count as attendance.
  • Meeting the minimum attendance requirement for a course does not mean a student has satisfied the academic requirements for participation, which require students to go above and beyond simply attending a portion of the class. Faculty members will individually determine what constitutes participation in each course they teach and explain in their course descriptions how participation factors into a student's final grade.


Participation Expectations

To earn full participation points for the week, students should:

Read the assigned material and demonstrate an understanding of those resources in your assignments and posts. Readings and resources should be cited using APA format, footnotes, or another acceptable format. Links to online sources should be embedded within your post

Post an original response to the weekly prompt(s) before Friday at midnight (11:59 PM) AND a minimum of one response to peers before Monday at midnight (11:59 PM). You are welcome to post early and/or more frequently, as your schedule allows, but you will not receive full credit if you do not meet these minimum requirements and/or deadlines. I will also deduct points for poor grammar and spelling and improper . Please also use proper paragraphing in your posts, one long paragraph is not acceptable for college writing.

Posts should be substantive and demonstrate college-level writing. A substantive post is well-developed, a minimum of two to three paragraphs (typically but sometimes one well-written paragraph will suffice) with references and other appropriate source(s). A substantive post is NOT one or two sentences of general statements or unsupported opinions.

There will be one discussion forum for each chapter for the week, the above expectations apply to EACH chapter discussion forum. A grading rubric is posted in the forum as well as covered in a lecture.



Missing & Late Work Policy

Late assignments (homework and chapter quizzes only) can be submitted up to two days past the deadline. You will lose 5% per day for a late assignment.

Late work is not accepted in the discussion forum. Interacting with classmates is an essential part of online discussions and cannot be made up after the fact.

Extensions will be granted only in extenuating circumstances. If a lengthy medical problem or other emergent personal issue will result in missing weekly discussions and/or assignments, please contact your instructor as soon as possible.

Students who know that they will not have course access for any given week should make arrangements with their instructor to complete assignments and participation requirements prior to the absence.


Accessibility Services for Students with Disabilities:


CCV strives to mitigate barriers to course access for students with documented disabilities. To request accommodations, please
  1. Provide disability documentation to the Accessibility Coordinator at your academic center. https://ccv.edu/discover-resources/students-with-disabilities/
  2. Request an appointment to meet with accessibility coordinator to discuss your request and create an accommodation plan.
  3. Once created, students will share the accommodation plan with faculty. Please note, faculty cannot make disability accommodations outside of this process.


Academic Integrity


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.