ECON-2010: Macroeconomics ( Flex, Split | Fall 2017 )

Download this syllabus as a PDF Document.

Instructor Information
Instructor Name

Ashley Geisewite

Instructor Rank

Associate Professor

Instructor Email ageisewite@southwest.tn.edu
Instructor Website

http://faculty.southwest.tn.edu/ageisewite

Instructor Office

MAS 214c Maxine A. Smith Center

Instructor Phone

901-333-6018

Department Phone

901-333-4013

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 onthe 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.

1a. 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.

2a. Recognize how business cycles affect the economy.

2b. 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.

3a. 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.

4a. 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

Macroeconomics 6th edition by R. Glenn Hubbard and Anthony Patrick O'Brien with MyEconLab access code.

Note that I do provide you with free access to MyEconLab and e-text for the first few weeks of class.

*Please note that you MUST have MyEconLab access for this course.  If you have questions about this contact the instructor at ageisewite@southwest.tn.edu 

Supplementary Materials

MyEconLab Access Card which is purchased with your textbook.  You can also purchase this access directly from the website if you already have a textbook.

Hardware Requirements

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
  • Microsoft Edge+
  • IE 10 & 11: some issues+
  • Firefox (latest)+
  • Firefox ESR+
  • Chrome (latest)+
  • 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 http://southwest.tn.onthehub.com.

Assessment and Grading
Method of Evaluation

Each week you will be expected to read the assigned chapter, take a weekly quiz and complete a homework assignment on the MyEconLab site, and attend class.

Grading Scale

A  90-100

B  80-89

C  70-79

D  60-69

F  0-59

Testing Procedure / Policy

Your grade will be comprised from:

  • Mid-term 25%- This test is a timed exam in MyEconLab
  • Final 25%- This test is a timed exam in MyEconLab
  • Homework 20%- Homework is completed in MyEconLab
  • Quizzes 20%- Quizzes are in MyEconLab
  • Attendance and class discussion contributions 10%
Major Assignments

Each week you will be expected to read the assigned chapter, take a weekly quiz in MyEconLab, and turn in the assigned homework on the MyEconLab site.  Additionally there will be a midterm exam and a final exam.

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. Also, you will be expected to participate in the weekly discussions in class.

You will earn 8% of the attendance grade for each class you attend and 8% of the attendance grade for each class you actively participate in.  So each class meeting has the potential to earn you 16% of your participation grade.

Policy on Student Professional Conduct

 I insist that you use correct capitalization, punctuation and sentence structure.  Communicate in a manner that is appropriate for a college level course.

You will communicate with me and fellow classmates in a respectful tone without attitude.

Additional Policies

I do NOT accept late work unless prior arrangements were made BEFORE the due date.  Do not ask after the due date has past unless you have documentation of a medical emergency or death in the family.

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
Technical Support

My.Southwest: Submit a Student Technical Support Request. Please provide a full detailed explanation of the problem.

PAWS: For course related questions, contact your instructor. For technical issues with the PAWS website, contact the College Helpdesk at (901) 333-4357.

Course Topics
Tentative Schedule
  • Economics: Foundations and Models
  • Trade-offs, Comparative Advantage, and the Market System
  • Where Prices Come From: The Interaction of Demand and Supply
  • Economic Efficiency, Government Price Setting, and Taxes
  • Comparative Advantage and the Gains from International Trade
  • GDP: Measuring Total Production and Income
  • Unemployment and Inflation
  • Economic Growth, the Financial System, and Business Cycles
  • Long-Run Economic Growth: Sources and Policies
  • Aggregate Demand and Aggregate Supply Analysis
  • Money, Banks, and the Federal Reserve System
  • Monetary Policy
  • Fiscal Policy
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

Academic Support

The Academic Support Center(ASC) provides free services and resources to help Southwest students successfully reach their academic and career goals. These services include tutoring by peer and master tutors, computer labs, success workshops, academic coaching, early alerts from your instructors and areas for individual or group study at numerous locations. The ASC also provides Supplemental Instruction in some of our general education classes and the Center is also responsible for Academic Progress Reporting so that you will be award of your academic standing during the 5th-6th week of the semester. Online tutoring services are offered through Smarthinking 24 hours a day, 7 days a week. Simply login to your PAWS to access this online tutoring resource.

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 http://www.southwest.tn.edu.

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: Available during working hours
  • Bert Bornblum Library: Available during library hours
  • Farris 2131: M-R 8-5:30, F 804:30

Union Avenue

  • Academic Support Center - F Building, Room 319, available during working hours
  • Parrish Library - Available during library hours
  • M105: 8-6:30

Gill

  • 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.

Whitehaven

  • 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.