Introduction to Macroeconomics

Instructor: Email: Telephone: Laura Prince laura.prince@mstc.edu MSTC Text only: 715 49 ! 9 "#include your name in text$ Required Textbook: Macroeconomics% Step&en L. Sla'in% 1(e Meetings: See )lac*+oard Learnin, Plans Course Description: T&is course is desi,ned to ,i'e an o'er'ie- o. &o- a mar*et oriented economic system operates% and it sur'eys t&e .actors t&at in.luence national economic policy. )asic concepts and analysis are illustrated +y re.erence to a 'ariety o. contemporary pro+lems and pu+lic policy issues. Concepts include scarcity% resources% concept o. incenti'es% alternati'e economic systems% ,ro-t&% supply and demand% monetary and .iscal policy% in.lation% unemployment and ,lo+al economic issues. Suggested Materials: ,rap& paper and pencil calculator /S) 0ri'e Attendance Policy for General Education Division: T&e sta.. o. t&e 1eneral 2ducation 0i'ision +elie'es t&ere is a stron, relations&ip +et-een re,ular class attendance and earnin, a passin, ,rade. Please +e ad'ised your attendance -ill +e monitored. /pon your t&ird a+sence% excused or not excused% your instructor -ill re.er your attendance situation to t&e 0ean o. 1eneral 2ducation. T&e 0ean -ill t&en ta*e .urt&er appropriate action -it& re,ard to your attendance pattern. Assignments and Grading: )e prepared to discuss t&e -ee*ly readin, assi,nment .rom t&e text and any additional readin,s assi,ned. All tests must be taken at the designated time. Make-up tests, assignments, pro ects !ill be allo!ed onl" #or emergenc" situations. It is "our responsibilit" to noti#" the instructor i# "ou !ill be absent. $resentations%papers must be presented on the chosen da" and time. &o exceptions. I# "ou miss "our presentation because o# a documented emergenc", "ou ma" be gi'en a makeup date. (eneral Assignments " Tests #1(( points eac&$ 2ssay C&apter 3utlines #4( points eac&$ 1 Pro5ect #4(( points$ 15 6n!class #1(!"( points eac&$ 1 researc& paper #15( points$ Points 'ary .or assi,nments. C&ec* eac& assi,nment .or a'aila+le points.

Research Paper T&e purpose o. t&is assi,nment is a culmination o. your researc& t&rou,&out t&e course. T&e paper needs to demonstrate your understandin, o. t&e concept7s. 8our audience is someone t&at *no-s little a+out economics. 8ou -ill present your .indin,s to a small ,roup. 8our .inal paper needs to include a ne- section t&at includes t&e .ollo-in,: 9o- you did your researc& :6t must include 5!1( re.erences ;&at you disco'ered 9o- it mi,&t &elp t&e class Topic )uggestions: Politics and t&e economy:9o- do t&ey relate< 6ncome 0istri+ution and Po'erty in t&e /S in relation to t&e economy 1lo+al Po'erty% Po'erty and 2ducation T&e Social =esponsi+ility o. +usiness and &o- it a..ects t&eir +ottom line 1lo+ali>ation: ;&at is it< T&e /S ?ational 0e+t and @iscal Policy Asian Mar*et 2conomies: Bapan% C&ina and 6ndia ;&at does t&e /S need to do to *eep up in t&e ,lo+al economy< ;&at is t&e /S international de+t and -&y is it important< Additional examples: unemployment% economic ,ro-t&% in.lation% interest rates% @ederal =eser'e% Monetary Policy% international trade% ,lo+ali>ation% recession Anyt&in, t&at is .rom text:trou+le -it& a topic:see me. APA ormatted: =esearc& may come .rom 5ournals% 6nternet resources% ne-spapers% etc. ?ot .rom +lo,s or entertainment sites. T&e re'ie- s&ould include a description o. t&e topic% &o- it relates to one o. t&e topics co'ered in class and also &o- it relates to you. 8ou must use APA .ormattin,. 8ou must use t&e &ttp:77o-l.en,lis&.purdue.edu7o-l7resource7CC47(17 -e+site. 6. you need &elp% ,o to ASC. #Academic Success Center$ 8ou do not need to include a runnin, &ead or t&e a+stract portion o. t&e .ormat. T&e paper must +e pa,es plus t&e resource and title pa,es :.or a total 1( pa,es. Items that must be included: 1.=e'ie- o. t&e article#8ou do not need to include an a+stract or runnin, &ead$ 4. 9o- t&e researc& topics are pertinent to t&e topics in your text+oo*. 8ou must speci.ically relate t&e article to t&e topics .rom your text+oo*. 2xplain it in a -ay t&at a person -&o &as no *no-led,e o. economics mi,&t +e a+le to understand it. ". 9o- it relates to you and -&y it is important to you% your community% your country% your -orld. 4. All o. t&e items reDuired +y t&e APA .ormat. (eneral *ritten Assignment Requirements: )rie.ly summari>es t&e main points o. t&e article -it&out restatin, t&e .acts 'er+atim Ma*e connections +et-een t&e material presented in article and material presented in class #text% readin,s% discussions% etc.$

Address a +e,inner le'el audience 0iscuss personal opinions and reactions a+out t&e material presented in t&e article% -&ic& may include -&at you &a'e learned .rom t&e article% etc. Paper is -ell or,ani>ed% and re.lects under,raduate le'el pro.iciency Please see ,radin, ru+ric

Research Assessment Rubric Student Name:

All papers will be evaluated using the following criteria: Student briefly summarizes the main points of the article without restating the facts verbatim 20 Points Less than 20 Points

Student ma es direct connections between the material presented in article and material presented in class !te"t# readings# discussions# etc$% Student addresses a beginner level audience$

Student discusses his or her personal opinions and reactions about the material presented in the article# which may include what s&he learned from the article# etc$

Paper is well organized# and reflects undergraduate level proficiency$

Paper is mechanically sound !grammatically# spelling# etc$%APA formatting is used

Share research '0 points

(otal Points Possible ) *'0 (otal Points Actual ) +eneral ,omments:

A+A )tatement: 6. you *no- you &a'e a reco,ni>ed disa+ility% or suspect t&at you mi,&t &a'e one% it is your responsi+ility to identi.y yoursel. as soon as possi+le to t&e 0isa+ility Ser'ices sta.. in Student Ser'ices #Mary Mar*s$. Course standards -ill not +e lo-ered% +ut 'arious *inds o. accommodations are a'aila+le to you. AdeDuate and reasona+le time -ill +e reDuired to de'elop and pro'ide appropriate accommodations so contact 0isa+ility Ser'ices as soon as possi+le. 6t is MSTCEs ,oal to assist you in your educational plan. Academic Integrit": T&e MSTC +oard% administration% .aculty and sta.. +elie'e t&at academic &onesty and inte,rity are .undamental to t&e mission o. &i,&er education. All students are expected to maintain and promote t&e &i,&est standards o. personal &onesty and pro.essional inte,rity. T&ese standards apply to all examinations% assi,ned -or*% and pro5ects. T&ere.ore% a student -&o is .ound to &a'e +een dis&onest% .raudulent% or decepti'e in t&e completion o. -or* or is -illin, to &elp ot&ers to +e so% or -&o pla,iari>esF presents t&e -or* o. ot&ers as &is or &er o-n% is su+5ect to disciplinary action up to and includin, suspension.

Introduction to Macroeconomics all !"#$ %entative %opics Schedule

Weekly Expectations: 1. =ead and outline c&apter +e.ore comin, to class 4. Su+mit c&apter outline and +e prepared to present an oral outline o. topics .rom c&apter. ". =e'ie- Po-erPoint in class. 4. Complete all in!class acti'ities. 5. =esearc& topics .or articles and pro5ects. Topics: ;ee* 1: ;ee* 4: ;ee* ": ;ee* 4: ;ee* 5: ;ee* C: ;ee* 7: ;ee* : ;ee* 9: ;ee* 1(: ;ee* 11: ;ee* 14: ;ee* 1": ;ee* 14: ;ee* 15: ;ee* 1C: ;ee* 1C: Sylla+us% 6ntroduction acti'ity% 0e.inition o. economics% 2conomic -ay o. t&in*in, #,uide$% Gideo C&apter 1: /S 2conomic &istory% )asics o. ,rap&in,% C&apter 4: =esource /tili>ation% in class acti'ity C&apter ": Mixed 2conomy C&apter 4: Supply and 0emand 2ssay Test: C&ps. 4!4 C&oose and su+mit to instructor pro5ect topic and +e,in pro5ect researc& =e'ie- Test% C&ps. 9 and 1( 1ross 0omestic Product 2conomic @luctuations% /nemployment and 6n.lation and 1st researc& re'ie- due C&apter 14: @iscal Policy and ?ational 0e+t C&apter 1": Money and )an*in, C&apter 14: @ederal =eser'e and Monetary Policy% 4nd researc& re'ie- due 2ssay Test: C&ps. 1(% 14% 1" and 14 and researc& -or* =e'ie- Test% C&apter 1C: 2conomic 1ro-t& and Producti'ity C&apter 17: 6ncome 0istri+ution and Po'erty "rd researc& re'ie- due C&apter 1 : 6nternational Trade 2ssay Test: C&apter 1C% 17% 1 =e'ie- Test =esearc& Presentations @inal 1rades7 2'aluations