2023-Fall-ECONS-102-ONLIN-1-01-12247-Fund of Macroeconomics

The final syllabus will be available in the Learning Management System.

This is a past syllabus providing a general idea of what the course entails. This does not represent the current course's syllabus, requirements or expectations.

Course Overview

We explore the foundation of macroeconomic theory, including subjects as the aggregate economy, inflation, recession, economic policy, economic growth, business cycle theory, and international trade. The course is online. It features, textbook readings, pre-recorded lectures, as well as livestreams which are recorded and viewable later. Assessment will be through homework as well as two midterms and a cumulative final. 

Prerequisite:

MATH 101, MATH 103 (or higher) or concurrent enrollment, MGTOP 215, STAT 205, STAT 212 or concurrent enrollment. For more info: https://catalog.wsu.edu/Pullman/Courses/BySubject/ECONS

Textbook:

Principles of Macroeconomics w/ Achieve Access
By Betsey Stevenson & Justin Wolfers
2nd Edition.
Use the link in Canvas

Required Materials:

Access to a computer with a webcam and microphone for exams. The exam proctoring software is NOT compatible with Chromebook or any tablet device (such as IPad).

Student Learning Outcomes (SLOs)

Upon successful completion of this course, you will be able to:

  1. Express the basic terminology of macroeconomics.
  2. Apply the tools of supply and demand, applying them to a variety of markets.
  3. Analyze the circular-flow of the economy and GDP and formulate how macroeconomic policy affects it.
  4. Discuss unemployment and inflation; their causes and policy correctives.
  5. Debate in a constructive professional manner macroeconomic controversies.

Course Work

Exams

There are two mid-terms and a cumulative final exam. The exams will be taken via the ProctorU software on Canvas. You will need a webcam and microphone attached to the device with which you take the exam. The ProctorU software is NOT compatible with Chromebooks or tablets. There is a fee associated with each exam. The two midterms are 50 minutes each; the final exam is two hours. You are permitted the use of a calculator and scratch paper on all exams. The exams are closed book. However, note that for Exam 2 and the Final, you will be permitted a 3"x5" notecard. 

Instructions for ProctorU:

https://gcps.wsu.edu/for-students/virtual-proctoring/preparing-for-your-proctoru-session/ 

I remind you of the University’s Academic Honesty Policy.

https://communitystandards.wsu.edu/policies-and-reporting/academic-integrity-policy/

Homework

This is located on the textbook’s website, Achieve. The link is on Canvas. Homeworks are due at 11:59PM on the Thursdays. Homework is graded for correctness. You have unlimited opportunities to answer a question correctly. However, note it will take a 10% penalty for every additional attempt.

We also have "pre-class" activities. They are labeled either "Decision Points" or "Problem Video Walkthrough" depending on the chapter. These are quick, low stakes, assignments designed to get you thinking about the topic early on.

Late work is not accepted. However, one chapter's homework grade will be dropped.

For any technical assistance using Achieve, please go to https://macmillan.force.com/macmillanlearning/s/achieve.

Writing Assignments - NetTA

Writing assignments are completed and graded via NetTA. You access Net Tutor through Canvas. The assignment includes the reading, a prompt, and a rubric. There are 3 assignments. After your first submission you will receive feedback from Net Tutor. You are graded in two areas: economic analysis and writing. After receiving feedback, you will have one chance to revise and resubmit your essay. I will count only the higher of the two grades for each assignment. You cannot do any submissions after the due date. Do not procrastinate.