St. Charles Community College
ECON 110 -80, Principles of Macroeconomics
Spring Semester, 2014
Tuesdays 6:00-9:30 PM, SSB 1206
George W. Bowling
Office: Tech 205
Classroom: SSB 1206
Home Phone: (636) 537-3292
Office Phone: (636) 922-8419
E-mail (Home): firstname.lastname@example.org
E-mail (College): email@example.com
Office Hours: 5:00 - 6:00 PM in SSB 1206 or by appointment.
Mission Statement: The Economics Department of SCCC is committed to enhancing the student’s level of economic literacy with the goal of making the student a better decision-maker.
Case, K. & Fair, R., Oster S., Principles of Economics , 10th Edition (Created for SCCC), Prentice Hall, Inc., 2011 OR
Case, K. & Fair, R., Principles of Economics, 9th Edition, Prentice Hall, Inc., 2009
Required Readings Book:
Miller, R. L., and Benjamin, D. K.. The Economics of Macro Issues, Pearson Addison Wesley, 2010
Class Handouts: Students will be given numerous handouts related to the course material that is being discussed.
Dates to Note: February 18 is the last day to change from credit to audit or audit to credit. April 8 is the last day to drop a class and receive a “W” grade. You must fill out a drop slip to officially withdraw in order to receive a “W” grade. If you simply stop attending class you will be given an “F” grade.
Evaluation: Your course grade will be determined on the basis of your performance on three in-class examinations and a comprehensive final examination.
Raw Score Points % of Final Grade
In-Class Examinations 150 60
Final Examination 100 40
The comprehensive final is mandatory. The following cut-offs, subject to modification, establish the letter grades: 90-100=A; 80-89=B; 70-79=C; 60-69=D.
Make-up examinations will be given upon agreement with the Instructor if the student has served notice that he/she can not sit for the scheduled exam. Those make-up tests will be given at the Assessment Center in the Student Center Building, room 133. The make-up examinations may not be the same as the examination that was missed.
There will be optional, written, take-home assignments handed out as the course progresses. These assignments are in lieu of a term paper, and are designed to enhance the student’s understanding of the subject matter. Successful completion of these assignments can only help the student’s final grade.
It is the Instructor’s policy to return graded test papers during the next scheduled class after the test is taken. Take-home assignments will normally be returned during the next class after they are turned in.
Course Objectives: Upon completion of this course, the student will:
The following should be regarded as a provisional outline of the content and chronology of the course, and is subject to modification as the semester progresses. The test chapters shown in standard font are for those students using the ninth edition of the text. The text chapters shown in italics are for those student using the eighth edition of the text.
|Lesson Topics||Text Chapters||Readings
|Jan 21||Introduction to Fundamental Economics||1, App 1
|28||Concepts and Institutions||2
|Feb 4||Demand and Supply, Market Equilibrium||3, 4
|11||Exam #1 (Chapters 1-4)
Introduction to Macroeconomics
|18||National income accounting.|
|25||Money and the Banking System
The Federal Reserve & The Instruments of Monetary Policy
|Mar 4||Aggregate Demand and Aggregate Supply||
235 - 238
245 - 249
|11||Inflation and Unemployment||7
pp 274 - 281
Exam #2 (Chapters 5,6,7,10,11,12)
Lecture on Taxation
The Keynesian Model
Fiscal Policy and Demand Management
|15||Putting it all together||15
|22||Exam #3 (Chapters 8,9,16)
Topics in International Economics
25, 26, 27, 28
|May 6||Comprehensive review|
The text chapter(s) should be read before you come to class. Although you are responsible for all assigned readings, the examinations will be heavily based on the material discussed in the lectures. Attendance should be thought of as a necessary condition for academic success.