ECON-2010: Macroeconomics ( On Campus | Spring 2016 )

Download this syllabus as a PDF Document.

Instructor Information
Instructor Name

Semih Minareci

Instructor Rank


Instructor Email
Instructor Office

E131-B Union

Office Hours

Posted on office door or by appointment.

Instructor Phone


Department Fax

(901) 333-4377

Department Phone

(901) 333-4130

Course Information
Course Description

The study of economics necessitates an understanding of the principles, which govern the operation of the economic system. This course focuses attention on the aggregate (macro) relationships and gives attention to the central problems of economic organization, the functioning of the price system, the economic role of government, the determination of national income and a brief glance at economic policy.

Student Learning Objectives

General Education Outcomes

Related Departmental Student Learning Outcome

Explore the relationship between the individual and society as it affects the personal behavior, social development and quality of life of the individual, the family and the community.

a. Demonstrate an understanding of the basic interaction of supply and demand.

Using the most appropriate principles, methods, and technologies, perceptively and objectively gather, analyze, and present social and behavioral science research data, draw logical conclusions, and apply those conclusions to one’s life and society.

a. Recognize how business cycles affect the economy.

b. Identify what the GDP measures and how it is formulated.

Analyze and communicate the values and processes that are used to formulate theories regarding the social context of individual human behavior in the social and behavioral sciences.

a. Demonstrate an understanding of the role of the Federal Reserve in Monetary Policy.

Recognize, describe, and explain social institutions, structures, and processes and the complexities of a global culture and diverse society.

a. Demonstrate an understanding of the role the executive branch of federal government plays in Fiscal Policy





Instructional / Learning Methods

Lecture, group discussions, quizzes, and critical thinking assignments.

Textbooks, Supplementary Materials, Hardware, and Software Requirements
Required Text

ECON - Macro. 4th edition. R. Glenn Hubbard Anthony P. O'Brien



ISBN-10:       0-13-283220-8



Additional Text


Supplementary Materials

Hardware Requirements

Misuse of Computers “Computers located in classrooms and laboratories are for EDUCATIONAL PURPOSES ONLY.”

If this course requires the use of a computer, these are general recommendations for accessing any of the services that Southwest offers on the Web (e.g. My.Southwest, etc.).

  • minimum Pentium IV or higher processor (recommended)
  • SVGA monitor, minimum resolution 800x600 (1024x768 strongly recommended)
  • CD-ROM or DVD drive
  • floppy drive, zip drive, or CD-RW drive
  • Mouse or compatible pointing device
  • at least 512 MB of RAM (recommended)
  • (optional) printer
Software Requirements

The software listed below is recommended for any student accessing Southwest services through the internet. Your course may have specific software requirements.

  • Windows 7, Vista, XP
  • Mac OS X (up to 10.6) (OS 10.6 recommended)
  • Linux with a Supported Browser
  • Internet Explorer 7+
  • Firefox 3+
  • Opera 9+
  • Safari 4+
  • Current Anti-Virus protection
  • Reliable Internet connection (broadband recommended but not required)

Many instructors may require assignments to be submitted using Microsoft Excel or Microsoft Word. To learn how to obtain discounted software from Microsoft, visit

Assessment and Grading
Method of Evaluation

You will be expected to read the assigned chapters before class and be prepared for in-class quizzes.    Additionally, there will be two exams over the course of the semester, all taken on  This will be discussed the first day of class, and students with questions should feel free to contact the instructor.

Grading Scale





Below 60

Testing Procedure / Policy

Your grade will be comprised from: Exams [2] 50% each,  Quizz/ Homework 50%

Major Assignments

You will be expected to read the assigned chapters before class and be prepared for in-class quizzes.    Additionally, there will be two exams over the course of the semester, all taken on

Participation / Attendance Policy

Regular attendance is expected and is important to the learning experience. It is also a determinant in Financial Aid. For these reasons a roll will be taken in each class.  Attendance will be determined by the in-class quiz, taken during the first 10-15 minutes of each lecture.  If you don't turn in a quiz, you will be marked as absent.  I expect you to log into the course and check your Southwest E-mail account several times a week to stay aware of any changes on the calendar or announcements I have made.

Attendance Policy: 

It is campus policy to take attendance in all classes.  Attendance will be taken at the beginning of each class.  Absences and tardiness may affect the student’s grade adversely. Students are expected to attend all classes as scheduled.  Regardless of the reason or nature of the absence, students are responsible for the work covered by the professor and for timely submission of all assignments.    Late assignments will not be accepted.  Missed quizzes and tests cannot be made up.  The professor will not provide copies of notes for missed classes.  In the event of an absence, it is the student’s responsibility to obtain class notes, any materials provided during class, and information regarding announcements made in class from another student in the class.

In accordance with federal regulations and the College’s commitment to the academic success of students, faculty members are required to record and report the attendance of students for the entire semester.  Further, faculty must indicate the last date of attendance for each student who has not officially withdrawn, has not been excused for absence, and has been determined to be no longer attending class.


Policy on Student Professional Conduct



Additional Policies

Cell Phones and other Communication Devices: Cell phones and other communication devices must be put on vibrate during class time.  Making or receiving telephone calls, pages, and/or text messages during class is prohibited.  Students who violate this policy repeatedly will be asked to leave the class.

NOTE: Use of cell phones or any other communication devices during tests is prohibited.  If a student engages in this prohibited behavior, the professor will take that student’s test immediately, that student will receive a zero as his/her score for that test, and further action will be taken as outlined in the College policies set forth herein.

The instructor has the primary responsibility for control over classroom behavior and the maintenance of academic integrity and can order the temporary removal or exclusion from the classroom of any student engaged in disruptive conduct or conduct that violates the general rules and regulations of the College.  Extended or permanent exclusion can be effected only through appropriate procedures of the College.  Examples of classroom misconduct are listed below:

Usage of Electronic Devices

• Using cellular phones, text messaging, iPods, MP3 players, laptops, etc. during class. 

Unexcused exits

• Leaving to retrieve a soda or other snack items • Leaving to engage in a conversation (by phone or person to person)• Leaving before class is finished for any reason without prior permission  


Non-Permitted Communication during Classroom Instruction

• Talking while the instructor is talking • Talking before being recognized by instructor (i.e. blurting out information) • Talking without permission during classroom instruction (side conversations) • Mimicking and/or consistently repeating an instructor’s words

Personal Attacks

• Engaging in abusive or mean-spirited criticism of another student or an instructor • Questioning an instructor’s authority in front of the class • Continuing to insist on speaking with an instructor during classroom instruction • Telling an instructor to “shut-up”

Threatening Behaviors

• Abusing an instructor or student verbally (cursing or extremely loud talking directed at a particular person) • Threatening to physically harm an instructor or student through verbal or body gestures • Intimidating through body gestures/posture or persistent staring at an instructor or student

Overt Inattentiveness

• Sleeping in class • Preventing others from concentrating on classroom instruction • Reading a newspaper  



Guidelines for Communications
Email Guidelines

Each student has been provided a Southwest e-mail account. Please do not email your classmates unless the topic relates specifically to this course. E-mails that contain advertisements, solicitations, personal interests, etc. are strictly forbidden. Below are a few guidelines that you should keep in mind when sending email:

  • Always include a subject line.
  • Typing in all CAPS is considered SHOUTING in Cyberspace. So please use upper and lower case characters when sending e-mails.
  • Remember, without facial expressions some comments may be taken the wrong way. Be careful in wording your e-mails and use good Netiquette
  • Use standard fonts.
  • Do not send large attachments without permission.
  • Respect the privacy of other class members.

Online instructors will respond to all e-mails within 48 hours.

Discussion Guidelines

Below are a few guidelines that should be adhered to when using the Discussion forum. Messages that contain advertisements, solicitations, personal interests, etc. are strictly forbidden.

  • Review the discussion threads thoroughly before entering the discussion.
  • Please try to maintain threads by using the "Reply" button rather starting a new topic.
  • Do not make insulting or inflammatory statements to other members of the class. Be respectful of others' ideas.
  • Be patient and read the comments of other group members thoroughly before entering your remarks.
  • Be positive and constructive in group discussions.
  • Respond in a thoughtful and timely manner.
Technical Support
My.Southwest Support

When experiencing problems with My.Southwest, you may need to submit a Student Technical Support Request.

When requesting help please provide as much information as possible, such as, your name and a full detailed explanation of the problem.

If you are experiencing difficulty with this Web site, please contact your instructor.

Online Course Support

Many problems can be solved by making sure your browser settings are correct. Visit the PAWS Online Orientation - and run the "system check" to check your browsers compatibility.

For technical support call the Helpdesk at (901) 333-4357.

Course Topics
Tentative Schedule


Student Services
Embedded Librarian Service This service may be found inside PAWS courses.
Two Southwest Librarians are assigned to work with you and your instructor throughout the course for the entire semester. The Librarians will suggest library resources and answer questions sent to "Ask A Librarian".

To contact a Librarian, go to the Classlist and select the "Ask A Librarian" tab.
Student Services Links
Drop/Withdrawal Dates

See the official college catalog for the current withdrawal policies. Important semester drop and withdrawal dates can be found on the college Web site at

Academic Misconduct

Plagiarism, cheating, and other forms of academic dishonesty are prohibited. A student guilty of academic misconduct, either directly or indirectly, through participation or assistance, is immediately responsible to the instructor of the class. The instructor has the authority to assign an “F” grade or a zero for the exercise or examination, or to assign an “F” for the course. College sanctions for academic misconduct may include suspension or dismissal from the College. Please see the section in the current Catalog on Academic Misconduct.

Classroom Behavior: Any student engaged in disruptive conduct or conduct violating the general rules or regulations of the College may be ordered to temporarily leave the classroom. Extended or permanent exclusion from the classroom can be achieved only through appropriate procedures of the College.

Open Labs

Macon Cove

  • Academic Support Center - Nabors Auditorium, Room 100 (Mac), Room 108 (PC)
  • Bert Bornblum Library (Mac and PC) - Available during Library hours only.

Union Avenue

  • Academic Support Center - F Building, Room 319
  • Parrish Library - Available during Library hours only.


  • Computer Lab- Room 101 (Please note - this room is available when classes are not scheduled. Schedule fluctuates each semester.)
  • Library - Available during Library hours only.

Maxine Smith

  • Open Lab- Room 101.
  • Library - Available during Library hours only.


  • Open Lab Building 6, Room 127
  • Library - Available during Library hours only.
Syllabus Updates The instructor reserves the right to make changes as necessary to this syllabus. If changes are necessitated during the term of the course, the instructor will immediately notify students of such changes.