BU108 MACROECONOMICS
Syllabus
Instructor: Laurie VanSloten
Credit: 3 Credit Hours
Course Objective:
Macroeconomics is concerned with the behavior of the economy as a whole. In this course, we will explore the construction of theories that explain and predict variations in aggregative variables that occur on a national level, such as GNP, inflation and unemployment, the general price level, fiscal policy, interest rates, growth rates, and the exchange rate, and the Federal Reserve. Prerequisite: EN111
Required Text:
Gottheil, Fred, M. Principles of Macroeconomics, 4th edition, Cincinnati, Ohio; South-Western College Publishing, 2005 ISBN #0-324-26019-9
Hardware and Software required:
Internet access and a browser such as Netscape 4-- the browser must be Java-capable and have Java enabled.
Course Overview:
Upon completion of this course the student will have demonstrated:
- A basic knowledge of Aggregate Demand and Aggregate Supply.
- Knowledge on how GDP is used to measure the economic performance of the Country.
- Familiarity with some basic macroeconomic data, with an emphasis on the U.S. economy.
- Knowledge of some standard Neoclassical and Keynesian comparative statistics.
- Exploration of some institutional background, raise some basic questions of method, and motivate some basic behavioral equations used in macroeconomic modeling.
- Knowledge of some implications of interest rates and growth rates for the behavior of debt.
- An understanding of the different types of unemployment.
- The ability to describe the organizational structure of the Federal Reserve System.
- The knowledge to present a public goods argument in order to justify government spending.
Attendance Policy:
Students have 15 weeks to complete the course from the time they receive their password. See the Procedures Manual for more information. If a student wishes to drop the course, s/he must contact Laura Parish, the Virtual College Coordinator, by e-mail at lparish@bmcc.edu.
BMCC's Policies
All students please review the following policies and procedures
Student Handbook : (http://www.bmcc.edu/StudentServices1/Handbook/index.html).
Drop or Add a Class : (http://www.bmcc.edu/StudentServices1/Handbook/index.html#course).
Book Refund and Book BuyBack Policies:(http://www.bmcc.edu/StudentServices1/vbookstore.html)
Billing or an outstanding bill: (http://www.bmcc.edu/StudentServices1/Handbook/billingProcedures.html).
Information about class schedules and transcripts:(http://www.bmcc.edu/StudentServices1/Handbook/transcripts.html).
Grading Policy:
All assignments are to be completed by the student. Grades will be posted using your initials and four digits as identification. Grades will be established using an average of the assignments shown on your grades page.
Grading and Evaluation:
| A | = 94 - 100% | C | = 74 - 76% |
| A- | = 90 - 93% | C- | = 70 - 73% |
| B+ | = 87 - 89% | D+ | = 67 - 69% |
| B | = 84 - 86% | D | = 64 - 66% |
| B- | = 80 - 83% | D- | = 60 - 63% |
| C+ | = 77 - 79% | F | = 00 - 59% |
Grades of incomplete will be given under exceptional circumstances, and only if the student has completed 70% of the course requirements with an average grade of C or better.
Grammar Requirement:
All written work will be graded for both form and content.
1. Assignment #1 10% 2. Assignment #2 25% 3. Tests 50% 4. Final Exam 15%
Plagiarism and Cheating:
The instructor reserves the right to fail any student for cheating on any assignment or plagiarizing (copying) the work of others or the web. The BMCC Administrative board may discipline students who cheat or plagiarize.
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