ST. CHARLES COMMUNITY COLLEGE
Principles of Macroeconomics
  Fall Semester , 2008


ECO 110-80, Tuesdays, 6:00-9:30 PM, SSB 1206

SYLLABUS



George W. Bowling
Office: Tech 205
Classroom: SSB 1206
Home Phone:  (636) 537-3292
Office Phone:  (636) 922-8419
E-mail (Home):  cgb@socket.net
E-mail (College):  gbowling@stchas.edu

Office Hours: 5:00 – 6:000 pm Tuesdays 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.

Required Text: Case, K. & Fair, R., Principles of Economics , 8th Edition, Prentice Hall, Inc., 2004 OR
                         Case, K. & Fair, R., Principles of Economics, 7th Edition, Prentice Hall, Inc., 2001

Required Readings Book:  Miller, R. L., and Benjamin, K. B. The Economics of Macro Issues, 
                                              Pearson Addison Wesley, 2004

Recommended Supplement: ,Beveridge, Thomas, Study Guide, 8th Edition for use with Ptinciples of                                                                   Economics by Case & Fair.

Class Handouts:  Students will be given numerous handouts related to the course material that is being discussed.

Dates to Note: September 12 is the last day to change from credit to audit or audit to credit.  October 24 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:
 


General Comments:
 


COURSE OUTLINE

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 seventh edition of the text.  The text chapters shown in italics are for those student using the sixth edition of the text.
     
  

Class
Meeting
Dates
Lesson Topics
Text Chapters
Readings
Book
Chapters
Aug 19
Introduction to Fundamental Economics
1, App 1
1, App. 1, 2

26
Concepts and Institutions
2
2

Sept 9
Demand and Supply, Market Equilibrium
3, 4
3,4 (pp 71-83)

16
Exam #1 (Chapters 1-4)
18
17

23
National Income Accounting
19
18

30
Money and the Banking System
The Federal Reserve & The Instruments of Monetary Policy
23,24
22,23
18, 19,20,21,22
Oct 7
Aggregate Demand and Aggregate Supply
26
25

14
Inflation and Unemployment
pp 221-22, 27
19, 26
6, 7,8,9,10, 11

  21
Exam #2 (Chapters 18,19,23,24,26,27)
               (Chapters 17,,17,18,21,22,24,25)
17
16

     28
The Keynesian Model
21
20

Nov 4
Fiscal Policy and Demand Management
Budget Deficits and the National Debt
22,28
21,27
12,13,14,15,
16,17
           11
Putting It All Together                                                                                   
25
24

        18
Exam #3 (Chapters 17,22,25,28)
               (Chapters 19,20,23, 26)
29
30

           25

Economic Growth
Topics in International Economics
31,33,34
30,32,33
1,2,3,4,5
23, 24, 25, 26, 27, 28

Dec 2
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.
 


--------- COMPREHENSIVE FINAL---------
(Mandatory)
  December 9, 2008

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