SYLLABUS FOR PRINCIPLES OF ECONOMICS I

1

Term:  Fall 2004 (041)

Course Number: ECN 210-X

Instructor:   Terry Ferrari

Office:  Arranged

Office Phone: 312-322-5479 or 800-333-0894, extension 5479

E-mail:  Terry.R.Ferrari@chi.frb.org

Office Hours:  One hour before class or as arranged

 

Instructor Background: B.A., English, Augustana (IL) College; M.B.A., Accounting, Loyola University Chicago.  1976 – 1981: Cost Analyst, Ford Motor Company; 1981 – 1982: Cost Supervisor, G.D. Searle Pharmaceuticals; Various positions, 1982 – Present: Federal Reserve Bank of Chicago.

 

Course Time: 7:00PM  – 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:  See CCSJ course catalogue.

 

Learning Outcomes/ Competencies:

Students in this course will: 1) define basic economic laws and principles; 2) understand the role of business and government in the national and world economies; 3) understand the theories behind economic reasoning; 4) develop an awareness of world economic issues; and 5) apply these concepts to situations that require economic analysis.

 

Textbooks: Economic Principles, Problems, and Policies, 16th Edition (2005) by McConnell and Brue

 

Learning Strategies: Students are expected to stay current with reading assignments and participate in class discussions.  Weekly written homework assignments are to be completed.  Students are encouraged to bring to class articles from the current media that are relevant to class topics.

 

Assessment:  Students will be required to take six short answer/essay tests.   Tests will be weighted based on length and class performance.  Extra credit exercises are available.

 

Class Policy for Assignments:  Students are expected to submit assignments as scheduled.  Any problems meeting these deadlines should be discussed with the instructor so that alternative arrangements 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 other students, please mute cell phones.  If it is absolutely necessary to conduct a conversation or follow up on a page, please leave the room to do so.

 

 

 

 

 

 

Course Outline:

                                                                                               

Class Dates:     

Topics/Assignments:

Sep 02

Chapter 1: Introductory Material

Sep 09

Chapters 2 - 3: Economizing Problems and Markets

Sep 16

Chapter 4: The Market System                                                 TEST on Chapters 1 -  3

Sep 23

Chapters 5 - 6:  The U. S. Economy

Sep 30

Chapter 7:  Measuring Outputs                                                 TEST on Chapters 4 -  6

Oct 07

Chapters 8 - 9:  Unemployment, Inflation, and Business Cycles; Economic Relationships

Oct 14

Chapter 10:  Aggregate Expenditures                                     TEST on Chapters 7 - 9

Oct 21

Chapters 11 - 12:  Aggregate Demand and Supply and Fiscal Policy                            

Oct 28

Chapter 13: Money and Banking; The Federal Reserve       TEST on Chapters 10 – 12

Nov 04

Chapters 14 - 15:  Creation of Money and Monetary Policy                        

Nov 11

Chapter 16: Aggregate Supply                                               TEST on Chapters 13 - 15

Nov 18

Chapters 17 - 18:  Economic Growth, Deficits, Surpluses, and Public Debt                    

Nov 25

No class – Thanksgiving Day

Dec 02

Chapter 19:  Theory and Policy Disputes

Dec 09

                                                                                               TEST on Chapters 16 - 19

 

 

 

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 any 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 plagiarism checks 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).

School Closing Information:

 

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