Fall 2017
ECN 2801G sections 003 and 004
Dr. Dao
Principles of Maicroeconomics
3 credit hours
Office: Coleman 2871
Office Hours: 12:30-1:30 MW;
10:45-11:45 TR
COURSE DESCRIPTION: An exploration of the policy options, such as changes in taxation, government spending, the money supply or interest rates, available to government agents to achieve the goal of stable prices, high employment, and steady growth.
LEARNING GOALS: Upon satisfactory completion of this course, students will:
a)
demonstrate an understanding of the theories,
tools, and methods of economic analysis,
b)
apply economic principles in the analysis of
economic problems and policies,
c)
identify the major economic institutions and
describe their operation and interrelationships,
d)
analyze those aspects of human behavior,
both individual and social, through which the
economic problem is addressed, and
e)
describe the different economic systems into
which societies organize themselves to deal
with the economic problem
TEXT: Lee Coppock and Dirk Mateer,
Principles of Macroeconomics, second edition, Norton.
EXAM: Three exams and a Final Exam
consist of objective questions.
EXAM SCHEDULE:
First during the 4th week of classes (Sep. 11-15, 2017)
Second during the 8th week of classes (Oct. 9-13, 2017)
Third during the 12th week of classes (Nov. 6-10, 2017)
Final on Wednesday, Dec. 13, 2017 from 8:00 a.m. to 10:00 a.m. (section 003) and Monday, Dec. 11, 2017 from 12:30 to 2:30 p.m. (section 004)
QUIZZES: 12 quizzes @ 5 points each.
There are no make-up quizzes.
COURSE GRADE BREAKDOWN:
First Exam: 20%
Second Exam: 25%
Third Exam: 25%
Quizzes: 10%
Final: 20%
CLASS ATTENDANCE:
Students are expected to attend class. Three unexcused absences may affect
final grade in borderline cases. Two late
arrivals will count as one unexcused absence unless I am notified ahead of
time.
NOTE: If you have a documented
disability and wish to receive academic accommodations, please
You are expected to maintain principles of academic integrity and conduct as defined in EIU's Code of Conduct (http://www.eiu.edu/judicial/studentconductcode.php). Violations will be reported to the Office of Student Standards.
Those of you who are having difficulty achieving their academic goals are encouraged to contact the Student Success Center (www.eiu.edu/~success) for assistance with time management, test taking, note taking, avoiding procrastination, setting goals, and other skills to support academic achievement. The Student Success Center provides individualized consultations. To make an appointment, call 217-581-6696, or go to 9th Street Hall, Room 1302.
COURSE OUTLINE
PART I. Introduction
Chapter 1: Five Foundations of Economics
Chapter 2: Model Building and Gains from Trade
PART II. Macroeconomic Basics
Chapter 6: Introduction to Macroeconomics and Gross Domestic Product
Chapter 8: The Price Level and Inflation
Chapter 9: Savings, Interest Rates, and the Market for Loanable Funds
PART III. The Long and Short of Macroeconomics
Chapter 11: Economic Growth and the Wealth of Nations
Chapter 13: The Aggregate Demand-Aggregate Supply Model
Chapter 14: The Great Recession, the Great Depression, and Great Macroeconomic Debates
PART IV. Fiscal and Monetary Policy
Chapter 17: Money and the Federal Reserve System