Course Syllabus
Course Description:
An introductory course focusing on aggregate economic analysis. Topics include market systems, aggregate measures of economic activity, macroeconomic equilibrium, money and financial institutions, monetary and fiscal policy, international economics, and economic growth.
Student Learning Outcomes:
Upon successful completion of this course students will be able to:
- Understand, calculate, and analyze macroeconomic indicators including changes in employment, real GDP, interest rates, and price levels.
- Understand economic growth and the business cycle.
- Identify various causes of macroeconomic instability and evaluate different interventionist and non-interventionist perspectives.
- Identify and describe the major institutions and instruments through which macroeconomic policies are implemented.
- Identify the many consequences of scarcity and explain how changes in opportunity costs affect behavior.
Course Content:
Week 1
June 22 Chapter 1 Introduction
June 23 Chapter 2 Introduction to Choice in a World of Scarcity
June 24 Chapter 3 Introduction to Demand and Supply
June 25 Test 1
June 26
Week 2
June 29 Chapter 6 Introduction to the Macroeconomic Perspective
June 30 Chapter 7 Introduction to Economic Growth
July 1 Chapter 8 Introduction to Unemployment
July 2 Test 2
July 3
Week 3
July 6 Chapter 9 Introduction to Inflation
July 7 Chapter 11 Introduction to the Aggregate Demand and Aggregate Supply Model
July 8 Chapter 12 Introduction to the Keynesian Perspective
July 9 Test 3
July 10
Week 4
July 13 Chapter 13 Introduction to the Neoclassical Perspective
July 14 Chapter 14 Introduction to Money and Banking
July 15 Chapter 15 Introduction to Monetary Policy and Bank Regulation
July 16 Test 4
July 17
Week 5
July 20 Chapter 17 Introduction to Government and Fiscal Policy
July 21 Chapter 18 Introduction to the Impacts of Government Borrowing
July 22 Chapter 19 Introduction to Macroeconomic Policy Around the World
July 23 Test 5
July 24
Week 6
July 27 Chapter 20 Introduction to International Trade
July 28 Chapter 21 Introduction to Globalization and Protectionism
July 29 Test 6
July 30
Textbook:
Great news: your textbook for this class is available for free online!
Principles of Macroeconomics from OpenStax, ISBN 1-947172-30-1
You have several options to obtain this book:
- View online (Links to an external site.) (Links to an external site.)
- Download a PDF (Links to an external site.) (Links to an external site.)
- Order a print copy (Links to an external site.) (Links to an external site.)
- Download on iBooks (Links to an external site.) (Links to an external site.)
You can use whichever formats you want. Web view is recommended -- the responsive design works seamlessly on any device.
Important Notes:
- All first week assignments need to be completed and submitted by the due date to avoid possibly being dropped from the class.
- Any student needing accommodations should inform the instructor. Students with disabilities who may need accommodations for this class are encouraged to notify the instructor and contact the Accessibility Resource Center (ARC) early in the semester so that reasonable accommodations may be implemented as soon as possible. Students may contact the ARC by visiting the Center (located in Building 60 120) or by phone (619-644-7112 voice or email grossmont.arc@gcccd.edu). All information will remain confidential.
- Academic dishonesty and plagiarism will result in a failing grade on the assignment. Using someone else's ideas or phrasing and representing those ideas or phrasing as our own, either on purpose or through carelessness, is a serious offense known as plagiarism. "Ideas or phrasing" includes written or spoken material, from whole papers and paragraphs to sentences, and, indeed, phrases but it also includes statistics, lab results, artwork, etc. Please see the Grossmont College Handbook for policies regarding plagiarism, harassment, etc.
Course Summary:
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