关键词 > Econ2
EC 2 Principles of Macroeconomics Summer 2024
发布时间：2024-06-19
Hello, dear friend, you can consult us at any time if you have any questions, add WeChat: daixieit
EC 2 Principles of Macroeconomics –Section 1276
Summer 2024; 6 weeks; Mon 6/17 – Fri 7/26/2024; meets ONLINE: asynchronous with no required meeting times.
This class requires students:
i) Have a reliable internet connection and meet deadlines - none are ever individually extended or changed.
ii) Purchase access to the MyLab online homework website either from the bookstore or directly from the publisher.
iii) Regularly check email and the Canvas class site and be self-motivated
iv) Read this syllabus VERY carefully before deciding to remain in this class; pay attention to the drop deadlines.
Basic Information:
- Online Office Hrs. Wednesdays 8-10 PM on Zoom, starting June 19 (I’ll be online 8-8:30 PM and will remain if any students are present or if requested): https://cpp.zoom.us/j/4877940151
- This section is fully online and asynchronous - students are not required to “attend” at any specific time.
- I’m best contacted by email (anticipate 24 hr. response time) brown_bruce@smc.edu
- This course follows the text: Foundations of Macroeconomics 9th ed., Bade/Parkin VERY closely.- MyEconLab online problem set access is mandatory. I recommend purchasing directly from the publisher:http://www.pearson.com/mylab They will give 14 day complementary access
- The MyEconLab ID is brown89355; Students must purchase access to the homework/quiz/testing site: MyLab which
also provides eText. It is least expensive and most convenient to purchase directly from the publisher site:
https://mlm.pearson.com/northamerica/students/get-registered/index.html
After “Are you using an LMS?” answer “NO - SEE BELOW.” We use Canvas but it is NOT connected to MyLab at SMC for this course. The two sites are both required but independent. I’ll transfer points into Canvas at the course end.
- If you purchase elsewhere (e.g., the SMC bookstore), be SURE you get MyLab, NOT just the textbook. A hardcopy is not required; but access to MyLab website is required. An eText is included with MyLab.
- Instructions showing how to sign up for MyLab are posted on Canvas just under the syllabus.
Any student who has not completed the introduction Homework in MyLab (IntHw) by Saturday 6/22; or introduction
Quiz in MyLab (IntQu); introduction Quiz in Canvas, Canvas Video Quiz #1 and Introduction post in Canvas by Sunday 6/23; will be dropped from the class on Monday 6/24. If a dropped student wishes to be reinstated they will need to email me ASAP, AFTER completing the MyLab Homework and Quiz (they will be unable to complete the Canvas assignments late, so if not completed the score of 0 will remain).
We cover material much faster than in an ordinary 16-week class since we cover the same amount of material in 6 weeks online. No deadlines will be individually adjusted. There will be no adjustment for problems with any individual student’s computer or internet connection. Grades are determined without exception by the scale on this syllabus. E.g., any student who earns a point total from 350 to 399.99 has earned a C in the class.
Grades are based on assignments in MyLab (= ML) and assessments in Canvas, SMC’s Learning Management System (LMS). Some numerical questions in ML homeworks are randomized, so that numbers differ for different students, and
for the quizzes, different questions. Often wording is slightly different between questions on different versions implying a different correct answer, so be sure to read questions carefully.
Course Goals for Students:
1) Gain a basic understanding of economic ways of thinking and approaching questions.
2) Be able to use simple theory to analyze real world issues.
3) Understand and be able to use the terminology of economics.
4) Understand how microeconomic principles relate to the daily decisions and activities of individuals, groups of people, businesses, and government.
5) Learn how economic reasoning can usefully augment approaches of other social science and business.
Background and Motivation:
Economics can be defined as “the study of allocation of scarce resources by societies, firms, and households.” Although many definitions exist, most include the terms “allocation” and “scarcity.” While economics is closely related to business management, it is not directly about how to run a business firm or how to make money in the stock market. Nonetheless, economic reasoning is useful and should indirectly help individuals make beneficial market decisions. The relationship between economics and business is similar to that between physics and engineering. In both comparisons the former is more theoretical, and the latter more applied.
Economics is a “social science” along with political science, sociology, anthropology, and psychology. It analyzes the behavior of people. Economics focuses directly on individual consumers and producers and how their interaction in markets can influence resource allocation (who gets what). In contrast, sociology focuses directly on groups, their goals, perspectives and behavior. At some universities the economics department is in the business school (e.g., Cal State Northridge), while at others it is grouped with social sciences (e.g., Santa Monica College, where Economics is in the Social Science and Philosophy Department).
Macroeconomics (EC2) focuses on aggregate or economy-wide values such as national output, unemployment, interest rates, and price inflation (or deflation). In contrast, Microeconomics (EC1) examines the behavior of producers, consumers, and governments in the economy and how these decision making “agents” interact within markets. It addresses determination of prices in individual markets and how price changes effect production and consumption. At SMC either EC1 or EC2 maybe taken first, or one could take them both simultaneously.
Expect to read the text more than once in order to truly understand the material.
Grades will be determined by the following:
Points Percent
1) MyLab Homeworks due Saturdays (highest 17 of 20) 170 34%
2) MyLab Quizzes due Sundays (highest 17 of 20) 170 34%
3) Online Final Exam open 8 AM Wed 7/24 – 11:59 PM Sun 7/28 100 20%
4) Canvas Quizzes RE posted material due Sundays, (highest 5 of 6) 50 10%
5) Introduction Discussion Board Post on Canvas (due Sunday 6/23) 5 1%
6) Introduction Quiz on Canvas (due Sunday 6/23) 5 1%
There are no individual adjustments or extra credit. All grades are objectively determined by points alone.
Course Grade will be determined as follows:
A: 450-500 points 90 % - 100 % of total possible
B: 400-449.99 points 80 % - 89.9 % “ “
C: 350-399.99 points 70 % - 79.9 % “ “
D: 300-349.99 points 60 % - 69.9 % “ “
F: fewer than 300 points below 60 %
NOTE: grades are determined by points, NOT “percent correct” as visible in either Canvas on MyEconLab. I will
adjust the scores (drop the lowest) and transfer points from MyEconLab into Canvas at the conclusion of the course.
E-mail and Canvas Technical Help
It is best for students to use their SMC email address for all SMC-related correspondence. Non-SMC emails maybe
stopped by the SMC spam filters and not received. It is essential students regularly check emails at the email address on record at SMC.
Dropping/Withdrawing:
If you plan to drop the class you must do so officially through the admissions office.
The last day to drop without a W on your transcript is Saturday 6/29; and with a W (which does not affect GPA) is 7/17 If your name is on my roster at the end of the term and I must assign a letter grade. To receive an I grade, one must provide a physically verifiable reason which both I and Admissions and Records find acceptable. Deadlines in 6-week classes come VERY quickly; I strongly recommend anyone who falls behind at the start should drop.
Final Exam:
The final has a 3 hour time limit (180 minutes) and 100 objective questions. It maybe taken only ONE time and covers all course material including that posted on Canvas. It will be available between 7/24 & 7/28 11:59 PM
MyEconLab Homeworks:
Homeworks typically have 10-20 multi-part questions each (except for the introduction homework). Questions maybe answered up to 10 times (after that the student cannot get points for that problem). If you miss parts of a question, you may log out and try again. They have no time limit. Homeworks are due Saturdays and maybe submitted late with a penalty of 30%. The three lowest homework scores will be dropped.
MyEconLab Quizzes:
Quizzes have ten objective questions each (except the first). They maybe taken twice, no time limit, with the higher score counting towards one’s grade. Quizzes are due Sunday nights, but maybe submitted late with a penalty of 30%. The three lowest MEL quiz scores will be dropped.
Quizzes in Canvas:
The 6 quizzes in Canvas maybe taken twice with the higher score counting towards one’s grade. They are due Sunday nights at 11:59 PM. The lowest of the 6 ordinary quizzes (not intro quiz) scores will be dropped.
Discussion Boards:
Students are required to enter one introduction post on Canvas by 11:59 PM Sunday 6/23. This post is worth up to 5 points. One’s introduction may contain information about where they are from, hobbies, will major in, or intend to transfer. Very brief posts (e.g.: “Hi everyone. I hope we all dowell in this class”) will earn less than 5 points.
A general discussion board for general questions relevant for other students is open and I recommend general questions be asked here rather than by email. If one emails a general question, I may paste it and answer ithere. Posts on this discussion board do not directly earn points.
Official Student Learning Outcomes for SMC students in Macroeconomic Principles, EC 2:
1. Demonstrate academic responsibility and integrity.
2. Demonstrate through oral and/or written work knowledge of the course content: measures of economic aggregates including GDP, the unemployment rate, the GDP Deflator and the Consumer Price Index, the tools of fiscal and monetary policy and their impact on aggregate demand, prices, income and interest rates, and the Classical, Keynesian, Monetarist and Supply Side models with their corresponding policy implications and recommendations.
3. Demonstrate proficiency in the research, analytical, and communication skills necessary to present compelling and original arguments, orally and/or in writing, that advance reasonable conclusions concerning the different expectations of two or more economic theories and the varying consequences and opportunity costs of each on the macro economy in terms of level of employment, output and prices, inflation, and economic growth.
