Frederick Community College

 

EC201HYB

Spring 2010

 

Class begins: 1/25/10

Class ends:  03/12/10

Last Day to Drop: 02/24/10

 

You must send your email address to the instructor before class begins

 

Instructor Information:

 

 

Name:   Dr. Paula F. Lindsay

Office: 

E-mail:  plindsay@frederick.edu

Phone Number:  301-846-2604

Office Hours:  by appointment

Campus Mail Box #:  136

           

Course Information:

 

Credits:  3

On-campus Meetings:  Yes

On-campus Exams:  Yes

Prerequisites:  EN52

 

 

Course Description:

 

 Introduces basic concepts, the national accounts, national income analysis, business cycles and the monetary system with an essentially macro-economic approach.

 

Core Learning Outcomes:

 

Students completing this course will be able to:

 

1.            (Goal I)  Demonstrate college-level communication skills by

·         writing and speaking effective, organized, clear, and grammatically correct English appropriate for a specific subject, purpose, and audience (1)

·         interpreting financial and economic written texts (2)

 

2.         (Goal II)  Demonstrate critical thinking skills by

·         recognizing and interpreting the major concepts and problems related to the market system (4)

·         evaluating and analyzing significant economic facts and interpretations (4)

·         drawing well-reasoned conclusions based upon the evidence and logical inferences (6)

 

3.         (Goal III) Display general knowledge and historical awareness by

·         differentiating among the economic systems of the world (10)

·         interpreting and identifying the historical perspectives of fiscal policy and monetary policy (10)

·         identifying the causes and solutions to the Great Depression (10)

·         identifying the causes and solutions of the banking crisis of the early 1900s (10)

·         understanding DIDMCA (1980) (10)

 

 

 

(Goal IV)  Demonstrate quantitative problem solving by

·         working problems requiring a college-level understanding of math principles (11)

·         interpreting economic data (12)

·         appropriately using spreadsheet analysis (12)

·         constructing and interpreting graphs (13)

 

5.         (Goal VII)  Understand and be able to interpret social and educational values by

values by:

·         demonstrating an understanding of the importance of ethical standards in the securities markets (22,23)

·         demonstrating an understanding the interaction of the securities markets

and the accounting firms (22,23)

 

6.           (Goal X)  Value the emergence of a multicultural society by

·         demonstrating a knowledge of the operations of  the World Bank and IMF (31)

·         tracking the value of six different currencies (31)

 

 

 

 Instructional Methods:

Principles of Economics is traditionally a three hour lecture course. Our format for this course is similar to the traditional course; however, our delivery method is both in the classroom and online.  This is a hybrid course.  In support of our learning objectives you will be doing a great deal of independent work.  The course location is:  http://frederick.blackboard.com

 

 

 

 

 How is this course organized:

This seven week course is hybrid and will meet on campus four times as indicated in the Topical Outline. 

 

 

 

 Text(s) for Course:

 

Macroeconomics, 18 ed., McConnell, Brue & Flynn, 2009, McGraw-Hill Higher Education, ISBN-13 9780073365947

 

Progress Report:

 

By the end of the third week of the semester, you will have an opportunity to evaluate your progress in this course and decide if you need to make any adjustments (additional study, tutoring, conference with instructor) to assure your success in this course.

 


 

 

 

Evaluation Methods:

Tests / Papers / Projects

Point Value

Final Grade Scale

 

4 Quizzes 20 points each

80

A=540-600

Discussion/Participation

20

B=480-539

4 Assignments 25 points ea.

100

C=420-479

1 semester project

100

D=360-419

3 Tests

300

  F=below 360

 

600

 

 

Attendance/Participation Policy:

 

 Students must progress through the course materials in accordance with the topical outline. Some classes are in the classroom.  Some classes are online.

 

 Email Policy:

 

Email is an instructional tool essential to student-instructor and student-student communication. In the Blackboard environment by default, your email address is available to all students in this course.

However, students are permitted to use email addresses of other students in this course only for the purpose and the duration of this course.

The instructor can be expected to respond to regular student email inquiries (grades, posted assignments, and tests excluded) within the time frame of 24 to 48 hours.

 

Academic Honesty:

 

Work in this course is subject to the provisions of the FCC Code of Academic Honesty. Plagiarism in any form will not be tolerated. As a student, it is your job to practice academic honesty at ALL times.  Make sure that all sources, particularly Internet sources, get proper credit for quotations, paraphrases, and ideas. 

 .

Student Services

 

A variety of services are available to assist students in succeeding at FCC. Students can learn more about these services by visiting the Student Services web page: http://www.frederick.edu/student_services/index.aspx.

Students with disabilities who are in need of accommodations or who have questions related to disabilities services should contact the Services for Students with Disabilities (SSD) office at 301-846-2408. Students can learn more about these services by visiting the Services for Students with Disabilities web page: http://www.frederick.edu/student_services/disability.aspx.

 

 Participation Policy:

 

To maintain the highest quality of academic work, students are expected to participate fully in all course activities.

In case of serious illness, emergency, religious holidays, or participation in official college functions, students remain responsible for completing the requirements of the course. 

Further Instructions:

 

 

EC201HYB

Topical Outline

Fall 2009

 

 

Week

 

Subject

Textbook

Activity

1

 

 

1/23

Limits, Alternatives, and Choices

Ch. 1 &

Appendix

 

 

ON CAMPUS

Quiz 1

PreTest

The Market System and the Circular Flow

Ch. 2

Demand, Supply and Market Equilibrium

Ch. 3

The U.S. Economy: Private and Public Sectors

Ch. 4

The U.S. in the Global Economy

Ch. 5

2

 

1/30

Introduction to Macroeconomics

Measuring Domestic Output and National Income

Economic Growth

Business Cycles, Unemployment & Inflation

Ch. 6

Ch. 7

Ch. 8

Ch. 9

 

ONLINE

Test One

Assignment One

Quiz 2

3

2/6

Basic Macroeconomic Relationships

Ch. 10

 

 

ON CAMPUS

 

 

 

The Aggregate Expenditures Model

Ch. 11

 

 

Aggregate Demand and Aggregate Supply

Ch. 12

Assignment Two

 

 

Fiscal Policy, Deficits and Debt

Ch. 13

 

4

2/13

Money and Banking

Ch. 14

ONLINE

Assignment Three

Quiz 3

Test Two

 

Money Creation

Ch. 15

5

2/20

Interest Rates and Monetary Policy

Ch. 16

ON CAMPUS

Assignment Three

 

 

Appropriate Monetary Policy

 

6

2/27

Monetary Policy

Readings as assigned

 

ONLINE

Assignment Four

Quiz 4

Test Three

7

3/6

 

 International Trade

Balance of Payments, Exchange Rates

Ch. 20

Ch. 21

ON CAMPUS

Exit Exam

Semester Project  Due

 


NOTE:  Your instructor reserves the right to make changes to this outline as needed.