Class Syllabus for Macroeconomics – ECO 2013

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					                     Class Syllabus for Macroeconomics – ECO 2013 (MWF Format)

Academic Term:           Fall 2005 (2005-1)
Class Duration:          Wednesday, August 24 – Friday, December 09, 2005
Meeting Times:           Ref # 309078, Monday – Wednesday – Friday (MWF) 8:00 – 8:50 AM, Room 1207
Instructor:              Professor Ana C. Corrales
Contact Info:            Phone: (305) 237-1239
                         Email: acorrale@mdc.edu
                         Office: North Campus, Room 3242-37
Office Hours:            MWF 7:00 – 8:00 AM; MWF 11:00 AM – 12:05 PM; TR 7:00 – 8:25 AM
                         Tuesdays 12:40 – 2:00 PM; Thursdays 1:30 – 2:05 PM
Class Text:              Economics by McConnell & Brue, 16th edition
Objective:               Learn basic economic concepts; comparative economic systems; national goals, income
                         formation & fiscal policy; money, banking, & monetary policy; international trade.


Attendance:              Class attendance is required. You will be penalized academically for missing class.
Cell Phones:             The use of cell phones is not permitted in class. You will be penalized academically
                         when your cell phone disrupts class instruction.

Article Summaries:       Using the economics theory you have learned in class, summarize and analyze recent
                         economic articles of your choosing from the following periodicals: The Economist, The
                         Wall Street Journal, The New York Times, or The Washington Post.
                             Three (3) article summaries will be due throughout the semester.
                             Summaries must be typed in New Times Roman, Font Size 12, with one-inch (1”)
                             margins.
                             Add the word count at bottom of your essay. Strive for at least 150 words per essay.
                             Use your own words. Do not plagiarize.
                             You must include a copy of the article with your summary.
                             Check your summary for proper spelling and grammar.
                             Submit your article summary at the beginning of class, in person only.
                             You may not submit any article summaries after their due date.

Grade Calculation:       Quizzes and Final Exam are based on class lectures, class handouts, and text readings.
                             Quizzes and Final Exam will be short answer.
                             Partial credit will be given as appropriate.
                             You may not make-up any missed Quizzes or the Final Exam.
                             Extra Credit will be available on each Quiz and on the Final Exam.
                             You are responsible for all the material presented in each chapter.
                             You may be tested on material in the text not covered in class lectures.
                                 Attendance + Class Participation                      10%
                                 Article Summaries                                      10%
                                 In-Class Essay on Monetary Policy                       5%
                                 Quiz 1 – Friday, September 30th                       15%
                                 Quiz 2 – Wednesday, October 26th                       15%
                                 Quiz 3 – Wednesday, November 16th                      15%
                                 Comprehensive Final Exam – See Exam Schedule           30%
                                 Total                                                 100%
Grade Scale:             A = 90 – 100; B = 80 – 89; C = 70 – 79; D = 60 – 69; Below 60 = F
Recommendation:          To fully appreciate Economics, keep yourself current on economic events. Listen to
                         National Public Radio’s Marketplace and Marketplace Money. We will discuss segments
                         featured on these programs. Tune in on 91.3 FM or online at www.npr.org.
                            Macroeconomics – ECO 2013, Fall 2005 (2005-1)
W 08/24                        First Day of Class; Introductions; Review Class Syllabus
F 08/26 & M 08/29              Chapter 1: The Nature and Method of Economics
T 08/30                        Last Day to Change Courses without Penalty (Withdraw with 100% Refund)
W 08/31 & F 09/02              Chapter 2: The Economizing Problem
M 09/05                        Labor Day Holiday – No Class
W 09/07, F 09/09, M 09/12      Chapter 3: Individual Markets: Demand and Supply
W 09/14 & F 09/16              Chapter 4: The Market System
M 09/19 & W 09/21              Chapter 5: The U.S. Economy: Private and Public Sectors
F 09/23 & M 9/26               Chapter 6: The U.S. in the Global Economy; 1st Article Summary due M 09/26
W 09/28                        Review for Quiz 1 (Ch. 1 – 6)
F 09/30                        Quiz 1 (Ch. 1 – 6)
M 10/03, W 10/05, F 10/07      Review Results from Quiz 1; Chapter 7: Measuring Domestic Output and
                               National Income
M 10/10, W 10/12, F 10/14      Chapter 8: Introduction to Economics Growth and Instability

M 10/17, W 10/19, F 10/21      Chapter 9: Basic Macroeconomic Relationships;
                               2nd Article Summary due F 10/21
M 10/24                        Review for Quiz 2 (Ch. 7 – 9)

W 10/26                        Quiz 2 (Ch. 7 – 9)

F 10/28, M 10/31, W 11/02      Review Results from Quiz 2; Chapter 10: The Aggregate Expenditures Model
                               Mid-term Performance Evaluation (10/31)

T 11/01                        Last Day to Withdraw with Grade of W
F 11/04, M 11/07, W 11/09      Chapter 11: Aggregate Demand and Aggregate Supply

F 11/11 & M 11/14              Chapter 12: Fiscal Policy; Review for Quiz 3 (Ch. 10 – 12)
                               3rd Article Summary due M 11/14
W 11/16                        Quiz 3 (Ch. 10 – 12)
F 11/18 & M 11/21              Ch. 13: Money & Banking; Ch. 14: How Banks & Thrifts Create Money

W 11/23                        Chapter 15: Monetary Policy

F 11/25                        Thanksgiving Holiday – No Class
M 11/28 & W 11/30              Chapter 15: Monetary Policy; In-Class Essay on Monetary Policy (W 11/30)

F 12/02, M 12/05, W 12/07      Applied Topics in Macroeconomics

F 12/09                        Applied Topics in Macroeconomics; Review for Comprehensive Final Exam
W 12/14                        Comprehensive Final Exam (Ch. 1 – 15 + Applied Macro Topics)
8:00 - 9:30 AM