SYLLABUS FOR PRINCIPLES OF ECONOMICS I

1

Term:  Fall, 2003 (031) (September 2 – December 12)

Course Number: ECN 210 X

Instructor:   T. Ferrari

Office:  Classroom

Office Phone: 312-322-5479 or 1-800-333-0894 ext5479 from 8:00 AM to 4:30 PM

E-mail:  Terry.R.Ferrari@chi.frb.org

Office Hours:  Arranged

 

Instructor Background: BA, English, Augustana (IL) College, 1971.  MBA, Accounting, Loyola University of Chicago, 1976.  Public School Teacher 1971 – 1976.  Cost Analyst, Ford Motor Company, 1976 – 1981.  Cost Supervisor, G.D. Searle, 1982.  Financial Management Department, Federal Reserve Bank of Chicago, 1982 – 1988.  Supervision and Regulation Department, Federal Reserve Bank of Chicago, 1988 – present.

 

Course Time: 7:00 PM – 10:00 PM

 

Course Description: Introduce students to a range of macroeconomic theories and concepts, such as national and world aggregates, money and banking, and problems and controversies.  Illustrate the usefulness of economic analysis and the development of economic reasoning. 

Prerequisites:  As outlined in the college catalogue.

 

Learning Outcomes/ Competencies:

Students in this course will understand and appreciate the role of business and government in the national and world economies.

 

 

Textbook: Economics Principles, Problems, and Policies, 15th Edition (2002) by McConnell and Brue

 

Learning Strategies/Class Participation: Students will be expected to stay current with reading assignments and participate in class discussion.

 

Assessment:  Students will be required to take four tests and submit weekly homework assignments.  Tests are weighted based on length and overall class performance.  Extra credit exercises are available.

 

Class Policy for Assignments: Students are expected to turn assignments in on time as scheduled.  Any problems in meeting these deadlines should be discussed with the instructor so that alternative arrangement can be made.

 

Class Policy on Attendance: Students are expected to attend classes.  If possible, absences should be discussed in advance.  If absences are not anticipated, students should contact the instructor as soon as possible for make up work.

 

Class Policy on Electronic Devices: Out of respect for others in the class, we request that electronic devices be turned off during class periods.

 

 

 

Course Outline:

                                                                                               

Session

Topics/Assignments:

1

Chapter 1: Introductory Material

2

Chapters 2 – 3: Economizing Problems and Markets

3

Chapters 4 – 5: The Market System and the U.S. Economy

4

Chapters 6 – 7: The U.S. Economy and Measuring Outputs

5

Chapter 8: Unemployment, Inflation, and Business Cycles.   TEST: CHAPTERS 1 - 6

6

Chapters 9 – 10: Aggregate Expenditures

7

Chapters 11 – 12: Aggregate Demand and Supply

8

Chapter 13: Money and Banking                                             TEST: CHAPTERS 7 - 12

9

Chapters 14 – 15: Money and Monetary Policy

10

Chapter 16: Aggregate Supply                                                TEST: CHAPTERS 13 - 15

11

Chapter 17: Macro Theory and Policy Disputes

12

Chapter 18: Deficits, Surpluses, and Public Debt

13

NO CLASS – THANKSGIVING DAY, NOVEMBER 27

14

Chapter 19: Theory and Policy Disputes

15

Thursday, December 11 - TEST: CHAPTERS 13 - 15

 

 

 

Center for Academic Excellence:

Tutoring assistance is free to all students of Calumet College of St. Joseph. Call the Center for Academic Excellence (CAE), to make an appointment at 473-4287. The Center has experienced and well-trained tutors in most subject areas to help students who are struggling in a course or who are doing well and would like to do better. Regular weekly tutoring sessions are likely to improve your grade.

 

Statement of Plagiarism:

If an instructor or other Calumet College of St. Joseph personnel find that a student has plagiarized or been involved in another form of academic dishonesty, the instructor or other personnel may elect to bring the matter up for judicial review. The maximum penalty for any form of academic dishonesty is dismissal from the College. The procedures for judicial review are listed under the section of CCSJ handbook that addresses student grievances.

 

Please note: Calumet College of St. Joseph subscribes to Turnitin.com and all papers can and may be submitted for checks on plagiarism from the Internet/Electronic sources/Databases.

 

Citation Guidelines:

Calumet College of St. Joseph adheres to citation guidelines as prescribed by the particular discipline (i.e., MLA, APA, and Chicago Manual of Style or Turabian.).  All of these guidelines are available in the Calumet College of St. Joseph library or bookstore.  These texts outline how to cite references from a variety of sources, including electronic media.

 

Withdrawal from Classes Policy:

After the last day for class changes has passed (see College calendar), students may withdraw from a course in which they are registered with permission from the faculty member conducting the course. A written request detailing the reason(s) for the withdrawal must be filed with the Registrar. The Registrar must receive written request for withdrawal by the last day of classes prior to the final examination dates specified in the catalogue. Written requests may be mailed to the Registrar or faxed to the College fax number 219-473-4259. Students are to make note of the refund schedule when withdrawing from courses. The request is forwarded to the faculty member, who makes the final determination to accept or deny the request. If the request is honored, the student will receive notification of official withdrawal; if denied, the notification will indicate why the withdrawal is disallowed.

 

An official withdrawal is recorded as a "W" grade on the student's transcript. Dropping a course without written permission automatically incurs an "F" grade for the course (see Refund Schedule).