UNIVERSITY OF ST. FRANCIS
College of Business
SYLLABUS
ECON 101 – PRINCIPLES OF MACROECONOMICS Dr. Veree Ethridge
3 Credit Hours Fall 2007
Tu & Th 9:30 & 11:00 a.m.
REQUIRED TEXT: Macroeconomics by Fred Gottheil, 5th Edition
Webct (http://www.stfrancis.edu)
Login to MyUSF Portal
ADDITIONAL SOURCES:
Power point slides on network: O drive: CollegeofBusiness/Ethridge/pmacro
From home computer use http://myfiles.stfrancis.edu to see O drive
Web sites and other sources on Dr. Ethridge’s home page
COURSE DESCRIPTION:
This course will provide the student with a working knowledge of macroeconomics; unemployment, inflation, economic growth, supply and demand, fiscal policy, business cycles, the banking system and money supply as well as emphasis on the linkage between international trade and domestic output.
COURSE AND GENERAL EDUCATION OBJECTIVES:
Upon completion of this course the student should be able to demonstrate the following:
Quantitative Analysis: how to locate and interpret economic data.
Reasoning Ability: how to use logic and critical thinking to understand economic cause and effects
Historical Awareness: how to understand the economic events that shape our nation and world.
Scientific Awareness: how to understand the use of data to support theories.
Social Awareness & Responsibility: how to develop the capacity to make informed and responsible social judgments in relation to economic events.
Literacy: how to express the knowledge learned in both written and spoken form.
SPECFIC COURSE OBJECTIVES BY SUBJECT TOPIC AVAILABLE
TO PRINT FROM THE NETWORK (Specific objectives will be given for each
lecture and can be found on the course webct site listed as Reviews for exams which is under course material on last chapter before each exam.)
TENTATIVE COURSE OUTLINE:( Check Webct calendar for changes)
Week of Topic Text Chapter
Aug. 21 Introduction 1
Production Possibilities 2
Aug. 28 Demand & Supply 3
Sept. 4 Circular Flow of Macroeconomy
Aggregate Demand & Supply 4
Sept. 13 EXAM I - CHAPTERS 1-4 AND LECTURES
Sept. 18 GDP – Accounting 5
Consumption & Investment 6
Sept. 25 Equilibrium National Income 7
Fiscal Policy (CPI-handout) 8
Oct. 11 EXAM II – CHAPTERS 5-8 AND LECTURES
Oct. 23 Money 10
Money Creation 11
Oct. 30 Federal Reserve & Monetary Policy 12
Nov. 6 Economics Growth 9
Stabilization 13
Nov. 13 EXAM III – CHAPTERS 9-13 AND LECTURES
Nov. 15 Government Spending 14
Nov. 20 Taxes & Debt 15
Nov. 27 International Trade 16
Dec. 4 International Finance 17
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Exam week EXAM IV – CHAPTERS 14-17 (during first hour of final exam time)
EXPECTATIONS OF STUDENTS:
ATTENDANCE: Class participation grade requires regular attendance or active
Participation. Attendance is taken at the beginning of the class
period. If you are late you may not get credit for attendance.
Some material is presented only in the class lectures.
EXAMS: The format of the exams will be discussed in class. Any exams
missed on the assigned exam days must be made up on the very
next class meeting and must have prior approval. The exams dates
could be changed if the class needs additional time to master
the material. A week’s notice is given in class as to exact date.
CLASS ASSIGNMENTS:
During the semester five homework assignments will be given.
Due dates will be announced and late papers (without prior approval)
will have points deducted for each day later. After the homework
is returned to the class, it will not be accepted. Seven Webct quizzes
will be assigned (5 highest will count). Dates for these will be on
on webct calendar. Cell phones are not to be used during class and
must be turned off when class begins.
GRADING POLICY:
EXAMS I – IV 400 points
Class Participation 50 points
Class Assignments 100 points
Webct quizzes 50 points
Total points = 600
540 points = A
480 points = B
420 points = C
360 points = D
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OFFICE HOURS: Monday & Wednesday 10:00-11:30 a.m.
Tuesday & Thursday 8:30–9:30 a.m.
And by appointment
Office – N222
Phone – 740-3849
Email - vethridge@stfrancis.edu
Web site: http:// www.stfrancis.edu/cob/vereee/
Academic Integrity:
Students have an obligation to exhibit honesty in carrying out their academic assignments. Students may be found to have violated this obligation if they plagiarize
or cheat. Plagiarism is presenting the work of others as one’s own. Cheating is taking, giving or accepting any illicit advantage for any course work inside or outside of the classroom.
ADA Statement:
The University strives to be in compliance with Americans with Disabilities Act (ADA) regulations. To this end, a student who requires special support or arrangements due to a disability should contact the Academic Resource Center, Library L 214, 815-740-5060 to coordinate accommodations. This contact should occur no later than the first week of classes in order to allow for sufficient time to provide accommodations. Should a need arrive after the start of a semester, the student is encouraged to contact the ARC as soon as possible. Each case will be reviewed on an individual basis.
Academic Resources:
If you need academic-related resources or assistance, please contact the Academic Resource Center on the second floor of the USF Library, room 214, or call them at (815) 740-5060.
USF Mission Statement:
As a Catholic university rooted in the liberal arts, we are a welcoming community of learners challenged by Franciscan values and charism, engaged in a continuous pursuit
of knowledge, faith, wisdom and justice, and ever mindful of a tradition that emphasizes reverence for creation, compassion and peacemaking. We strive for academic excellence
in all programs, preparing women and men to contribute to the world through service and leadership.
College of Business Mission Statement:
The mission of the College of Business is to offer undergraduate and graduate degree programs that are career oriented and focus on academic excellence. Undergraduate programs are designed for traditional and nontraditional students providing a blend of professional studies, technology and a strong liberal arts curriculum. Graduate programs are designed for working professionals and are practitioner based. All programs in the College of Business are driven by the University’s Catholic Franciscan mission. The College seeks to inspire in its students a love of knowledge and truth and to instill the Franciscan values of respect, compassion, integrity and service.
Policies not covered in this syllabus will be handled in accordance with the USF catalog.