The University of Tampa - St. Petersburg College



St. Petersburg College

Department of Social and Behavioral Sciences

Principles of Macroeconomics

Fall 2019

ECO2013

Saturday 12:10-3:00 pm

Instructor: Patrick Luce

E-mail: Luce.Patrick@spcollege.edu

Classroom: ES 127

Phone: 508.259.0429

Office Hours: By Appointment

INTRODUCTION

Administration.

Dr. Joseph Smiley, Dean, Social and Behavioral Sciences

Office location: Tarpon Springs Campus, PS 105

Office phone number: 727-712-5851

Course Outline.

This is a course in economic principles involving the overall operation of the market economy. Particular attention will be given to the effects of aggregate demand and aggregate supply on the levels of output, employment, and prices. The course will also examine how fiscal and monetary policy may be used in dealing with macroeconomic problems such as unemployment, inflation and economic fluctuations.

Course Goals.

Economics is primarily a method of reasoning used to form judgments regarding economic issues faced today. At the end of the term you should be able to make logical economic arguments as well as analyze the appropriateness of alternative arguments based on the analysis developed in this course. Specifically you should be able to:

• Define the terms and concepts economists use to describe macroeconomic phenomena and market economy.

• Understand the effects of aggregate demand and aggregate supply on the levels of output, employment, and prices.

• Evaluate the different types of fiscal and monetary policy tools.

• Demonstrate knowledge of basic theories of macroeconomics.

KEY INFORMATION

Required Software and Recommended Textbook.

1. Foundations of Economics (2017), 8th edition, by Robin Bade and Michael Parkin, Pearson Education Inc., ISBN 9780134641843.

2. Supplemental Reading as assigned

3. Wall Street Journal (Optional)

For Student Subscription go to:

Important Dates.

Refund Drop Date: 8/30/2019

Withdrawal “W” Grade Drop Date: 10/22/2019

MyCourses.

MyCourses will be utilized primarily to provide access to the course materials and out-of-class communication. As such, the course web site will include an online gradebook, as well as announcements of key dates. If you don't have internet access at home, be sure to use the computers available on campus.

Attendance/Active Participation/Withdrawal Policies.

Faculty will publish their own participation/attendance policies in their syllabi. However, Instructors will verify that students are in attendance during the first two weeks of class. Students classified as “No Show” for both of the first two weeks will be administratively withdrawn from any class which they are not attending. The student’s financial aid will be adjusted based on their updated enrollment status. If a student is administratively withdrawn from a class because they were a “No-Show” during the first two weeks of class, financial aid will not pay for the class and the student will be responsible.

Students who are not actively participating in class as defined in an instructor's syllabus will be reported to the Administration during the week following the last date to withdraw with a “W” (as posted in the academic calendar on the college’s web site). A grade of “WF” will be assigned to students who are not actively participating during the week following the last day to withdraw with a W grade.

Students will be able to withdraw themselves at any time during the term. However, requests submitted after the last date to withdraw with a “W” (see academic calendar) will result in a “WF.” Students and instructors will automatically receive an email notification through their SPC email address whenever a withdrawal occurs.

Withdrawing after the “Last Date to Withdraw with a Grade of ‘W’” can have serious consequences. If the student withdraws from a class after the deadline posted in the academic calendar, the student will receive a final grade of ‘WF,' which has the same impact on the student's GPA as a final grade of “F.” A “WF” grade also could impact the student's financial aid, requiring repayment of financial assistance. Students should consult with an academic advisor or financial assistance counselor prior to withdrawing.

EVALUATATION

A. Exams. There are three exams. Exams will be given on the following dates:

Mid-Term Exam: October 12, 2019

Final Exam: December 7, 2019

B. Research Paper. There will be a research paper made available during Week 11. This paper will ask you to demonstrate a full comprehension of the material covered in this course and will require you to research various macroeconomic trends and data points.

C. Homework. There will be homework assignments given throughout the semester. The purpose of the homework is to begin working with the conceptual material presented in the lectures. Homework problems will be assigned one week prior to the due date.

D. Project. You will be assigned a group project during Week 5 to practice the material covered from chapters 1-4 and 21-26.

E. Student Survey of Instruction. Completed course perception survey is due to me prior the completion of the course. This will become available online during Week 11. Your student survey of instruction is due to me, by email, by Friday, December 6.

F. Calculation of Final Grade. Final grades will be calculated as follows.

| |Percent |

|Mid-Term Exam |25 |

|Final Exam |25 |

|Research Paper |20 |

|Project |20 |

|Homework/Discussion Posts |10 |

|Complete Course Perception Survey |1 |

G. Other. There will be no make-up exams. Practices quizzes will be available on MyCourses to prepare for exams.

Grading Scale.

|Point Range |Final Course Grade |

|90-100 |A |

|80-89 |B |

|70-79 |C |

|60-69 |D |

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