ECON 202 Syllabus

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ECON 202 Syllabus Powered By Docstoc
					                                           ECONOMICS 202

                                            Fall 2010

Instructor: George Nwaogu                                Office Phone: 387-1086
Office: 5314 Friedmann Hall                              Office Hours: M 10am – 11am
Email:                                      F 10am – 11am
                                                         and by appointment.

Text: Principles of Macroeconomics, Brief Edition,
                by Robert Frank and Ben Bernanke

Course Website:

                                       COURSE OBJECTIVES

This course will provide an introduction to the principles of macroeconomics. Macroeconomics is the study
of the performance of national economies and the policies that governments use to try to improve that
performance. The topics we will cover include: national output, economic growth, productivity,
unemployment, wages, inflation, interest rates, fiscal policy, and monetary policy.

Web Activities: During this course, to complete certain assignments, you will be required to access
a website dedicated to students and professors of economics. To access this website, you need to
register for an account with Aplia at Included in this syllabus are instructions so
that you can register. Please register on the website within 24 hours after you receive this syllabus
and Aplia information.

Exams and Grading: There will be two midterm exams and a final exam, in addition to in class
assignments and the Aplia assignments. The midterm exams will consist of a mixture of multiple
choice and essay questions. Most of the exam questions will come from material that is both in
class and in the text. However, some of the questions will be on material found only in the text or
only in class. The final exam will be cumulative and will consist of a mixture of multiple choice
and essay questions. Each of the two midterm exams will count 20% towards your course grade
(40% total). The final exam will counts 35% towards your course grade. Aplia assignments as well
as in class assignments count the remaining 25%.

Notes on Examinations
   1. With the exception of the final examination, the date of each examination will be announced
       at least one class period in advance. The date of each examination will also be posted on the
       course website (Aplia).

    2. The comprehensive final examination will be held on Monday, December 13, 8 - 10 am

    3. In the event that you miss an examination, your absence will be excused only if you can
       provide a documented and verifiable excuse of illness. Other excuses are not acceptable.
       The excuse for the absence will be accepted at the discretion of the instructor. If an absence
       from a midterm examination is excused, the student will be given a make-up exam at a time
        and venue agreed with the instructor. An unapproved absence from an examination will
        result in a zero for that examination. No examination grades will be dropped.

   4. WMU policy allows any student assigned four final examinations during the same day to
      request one examination to be given at the make-up time.

Tentative Grading Scale
Once your average based on the total number of possible points is determined, your letter grade will
be assigned based on the following guidelines:
100-92% A; 92-87% BA; 87-80% B; 80-75% CB; 75-65% C; 65-61% DC; 61-55% D;
below 55% E.

Assignments: As each of the topics is covered during the semester, you are to read the chapter in
your text, attend class, and work through the corresponding material of the Aplia assignments.

   1. There will not be any make-up assignments for Aplia or in class assignments.
   2. In class assignments will not be announced.
   3. I will announce Aplia assignments and due dates in class.
   4. Everything presented in class and in the assigned reading is considered fair game on in class
   5. There will be a minimum of 10 assignments. Your 8 highest assignments scores will count
      toward your final grade. All other assignment scores will be dropped.

                             PRELIMINARY COURSE OUTLINE

Part One:      Introduction
               Chapter 3: Supply and Demand

Part Two:      Macroeconomics: Data and Issues
               Chapter 4: Spending, Income, and GDP
               Chapter 5: Inflation and the Price Level
               Chapter 6: Wages and Unemployment

Part Three: The Economy in the Long Run
             Chapter 7: Economic Growth
             Chapter 8: Saving, Capital Formation, and Financial Markets
             Chapter 9: The Financial System, Money, and Prices

Part Four: The Economy in the Short Run
             Chapter 10: Short-Term Economic Fluctuations
             Chapter 11: Spending and Output in the Short Run
             Chapter 12: Stabilizing the Economic: The Role of the Federal Reserve
             Chapter 13: Aggregate Demand, Aggregate Supply, and Macroeconomic
Part Five: The International Economy
              Chapter 14: Exchange Rates, International Trade, and Capital Flows

NOTE: The above chapter numbers refer to Principles of Macroeconomics, brief edition, by Frank
and Bernanke.

                               WMU Academic Integrity Statement

You are responsible for making yourself aware of and understanding the policies and procedures in
the Undergraduate Catalog that pertain to Academic Honesty. These policies include cheating,
fabrication, falsification and forgery, multiple submission, plagiarism, complicity and computer
misuse. [The policies can be found at under Academic Policies, Student
Rights and Responsibilities.] If there is reason to believe you have been involved in academic
dishonesty, you will be referred to the Office of Student Conduct. You will be given the opportunity
to review the charge(s). If you believe you are not responsible, you will have the opportunity for a
hearing. You should consult with your instructor if you are uncertain about an issue of academic
honesty prior to the submission of an assignment or test.

To access the Code of Honor and general academic policies on such issues as diversity, religious
observance, student disabilities, etc. you are encouraged to visit the following websites and

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