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Syllabus for ECON 201: Principles of Macroeconomics

Correspondence

2023-2024

Course Description

ECON 201 Principles of Macroeconomics (GT-SS1) 3(3-0)

Applications oriented approach to understanding the economy including monetary policy, deficits and surpluses, international issues; fundamental differences between liberal and conservative

economic policies.

Prerequisite: None.

Corequisite: None.

(Gen Ed: SS, GT-SS1)

Credit Hours and Expected Student Effort

The course minimum is 2,250 minutes per credit hour.

As an Independent Study correspondence course, the class is largely independent, and you are asked to take responsibility for your own learning. Your instructor is available for assistance, clarification, and feedback on material as needed, but the course is designed for you to independently read any required textbook and materials and progress through the course at a pace that is convenient and efficient for your schedule.

Important Dates

Students may drop courses before 15% of the course duration has passed from your registration date, without a record of the dropped course appearing on the student’s permanent record.

When a student withdraws from a course before 60% of the course duration has passed, a grade of “W” (withdrawal) will be recorded on the academic record. After 60% of the course duration has   passed, a student may not withdraw. Tuition and fees will not be adjusted for course withdrawals   during this withdrawal period.

Note: Drop/withdrawal dates for each course may vary. Please reach out to Independent Study

Program staff for your specific dates. Those dates can also be found in your registration confirmation.

Class Schedule

Correspondence courses require self-motivation. We recommend that you create a schedule for yourself to keep up with the work to ensure your successful completion of the course.

Program Student Learning Outcomes (SLOs)

Hasan School of Business

Goal 1. Communication

1.1. Prepare a written document and/or oral presentation that are focused, well-organized, as well as mechanically and professionally sound.

Goal 2. Problem Solving

2.1. Identify problem(s) in unstructured settings and apply appropriate quantitative techniques to solve the problem(s).

2.2. Identify problem(s) in unstructured settings and analyze appropriate information to develop viable recommendations.

Goal 3. Global Awareness

3.1. Demonstrate understanding of global issues and perspectives that may impact business solutions.

Goal 4. Ethical Awareness

4.1. Demonstrate awareness of ethical issues and possible impacts on business decision making.

Course Objectives or Student Learning Outcomes/Instructional Methods

1.   Students will gather and interpret current economic data with the intention of providing an assessment of the current and expected state of the economy.

2.   Students will understand the basics of fiscal and monetary policy.

3.   Students will understand the differences between conservative (Republican) and liberal (Democrat) economic policies.

General Education SLOs

.    SLO 1: Written Communication

Develop and express ideas in writing, learning to work in many genres and styles, and with many different writing technologies, and mixing texts, data, and images.

.    SLO 2: Quantitative Reasoning

Apply numeric, symbolic and geometric skills to formulate and solve quantitative problems.

.    SLO 3: Inquiry & Analysis

Explore issues, objects or works through the collection and analysis of evidence that results   in informed conclusions or judgments and break complex topics or issues into parts to gain a better understanding of them.

.    SLO 4: Oral Communication

Prepare purposeful presentations designed to increase knowledge, to foster understanding, or to promote change in the listeners' attitudes, values, beliefs, or behaviors. (Does not apply to  Independent Study students.)

.    SLO 5: Critical Thinking

Comprehensive exploration of issues, ideas, artifacts, and events before accepting or formulating an opinion or conclusion.

.    SLO 6: Creative Thinking

Combine or synthesize existing ideas, images, or expertise in original ways and the

experience of thinking, reacting, and working in an imaginative way characterized by a high degree of innovation, divergent thinking, and risk taking.

.    SLO 7: Information Literacy

Know when there is a need for information, to be able to identify, locate, evaluate, and effectively and responsibly use and share that information for the problem at hand.

.    SLO 8: Technical Literacy

Use, manage, understand, and assess technology. (Does not apply to print-based students.)

.    SLO 9: Problem Solving

Design, evaluate and implement a strategy to answer an open-ended question or achieve a desired goal.

.    SLO 10: Teamwork

Belong to teams where effort, manner of interacting with others, and the quantity and quality of contributions are valued.

GT Pathways Designation and SLOs

This course satisfies the Guaranteed Transfer (GT) Pathways Requirements for SS1 in Social

and Behavioral Sciences. The Colorado Commission on Higher Education has approved ECON 202 for inclusion in the Guaranteed Transfer (GT) Pathways program in the GT-SS1 category.   For transferring students, successful completion with a minimum C- grade guarantees transfer   and application of credit in this GT Pathways category. For more information on the GT

Pathways program, go to

https://highered.colorado.gov/guaranteed-transfer-gt-pathways-general-education-curriculum-0

This designation verifies the following Content Criteria and Competencies are met in this course.

GT-SS1 Social & Behavioral Sciences COURSE – ECONOMIC OR POLITICAL SYSTEMS Content Criteria:

This GT Pathways Social & Behavioral Science GT-SS1 course is designed to provide content knowledge in Economic or Political Systems.

Students should be able to:

a. Demonstrate knowledge of economic or political systems.

b. Use the social sciences to analyze and interpret issues.

c. Explain diverse perspectives and groups.

GT-SS1 Competencies and Student Learning Outcomes (SLOs):

Critical Thinking Competency (SLOs 1, 2, & 5)

Students should be able to:

1. Explain an Issue: Use information to describe a problem or issue and/or articulate a question related to the topic.

2. Utilize Context:

a. Evaluate the relevance of context when presenting a position.

b. Identify assumptions.

c. Analyze one’s own and others’ assumptions.

5. Understand Implications and Make Conclusions:

a. Establish a conclusion that is tied to the range of information presented.

b. Reflect on implications and consequences of stated conclusion.

Civic Engagement Competency (SLO2 Civic Knowledge).

Students should be able to:

1.   Connect Disciplinary Knowledge to Civic Engagement through one’s own participation in civic life, politics, and/or government.

GT-SS1 Additional Criteria: This course in the Social & Behavioral Sciences includes significant high impact educational practices such as writing, collaborative learning, immersive learning,

community/civic engagement, or research.

Required Textbook

Krugman, P. R., & Wells, R. (2022). M“croeconomics in modules. 5th Edition. Worth Publishers.

Digital and eTextbook ISBN: 9781319386726, 1319386725.

Print ISBN: 9781319245368, 1319245366.

Course Requirements

This section provides an overview of the course requirements. A more detailed breakdown of the Course Agenda is at the end of the syllabus. It includes topics and expected student efforts.

Please reach out to Independent Study Program staff for your specific dates and course completion deadline.

Assignments

You will be required to complete 15 section assessments.

Answer every question completely. Bullet-pointed answers will not be accepted. Use complete sentences.

If you are asked to create a graph or visual, do so by hand and upload an image of your graph/visual.

Instructions for Assignments

.    As you read through each module, I recommend answering the check your understanding questions. You can assess your progress by checking your answers in the back of the

textbook.

.    Answer all questions completely on section assessments and exams. Make sure to answer all parts of the questions.

.    Answer in complete sentences. Do not use bullet points.

.    If your response requires a graph/table/visual: please complete this portion by hand. Upload an image of your work.

.    All work must be legible.

Exams

You will be required to complete one midterm exam and one final exam.

These exams will consist of free-response questions and short-answer questions. Bullet- pointed answers will not be accepted.

If you are asked to create a graph or visual, do so by hand and upload an image of your graph/visual.

Make sure that all graphs are correctly and completely labeled. You will lose points for failing to completely label your graphs.

Grading

A = 90- 100

B = 80-89

C = 70-79

D = 60-69

F = 0-59

Handouts based on Sections:

15 Section Handouts

560 points

1 midterm exam

This does not require a proctor.

75 points

1 final exam

This does not require a proctor.

100 points

Total

735 points

Use of Technology

(This section does not apply to print-based students.)

Any course materials you need (beyond textbooks) are provided in Blackboard.

Information for Print-Based Students

All the materials you need will be provided.

Handwritten materials that you submit must be legible.

Attendance/Participation

Due to the nature of correspondence courses, attendance is not required. Participation will be gauged based on investment and effort exhibited in course requirements.

Accommodations

https://www.csupueblo.edu/disability-resource-and-support-center/faculty-staff-resources.html

If you have a documented disability that may impact your work in this class and for which you may require accommodations, please see the Disability Resource & Support Center (DRSC) as soon as    possible to arrange services. The DRSC is located in LARC 187 and can be reached by phone (719- 549-2648) and email (dro@csupueblo.edu).

Print-based students can send written correspondence to:

CSU Pueblo

ATTN: Disability Resource & Support Center

2200 Bonforte Blvd.

Pueblo, CO 81001

Starfish Performance Notifications

Starfish notifications inform you and your academic success team on your performance in this class. Reading these emails and/or texts and taking the suggested actions is highly encouraged for your success. Please access Starfish through PAWS to view your kudos or flags. You may also request  assistance from many services through Starfish. Starfish is not applicable to non-degree seeking or self-pay guest students

Although this is a self-paced course, students who are not progressing in their course(s)  at 4, 8 and 12 weeks will be flagged for follow-up from their Academic Success Coach to encourage course completion.