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Official TCC Course Syllabus
Principles of Macroeconomics
3 3Credit Hours: Lecture Hours: Clinical Hours: Lab Hours:
Studio Hours:
Discipline Prefix:
Class Section:
Course Title:ECO 201
Meeting Days/Time/Location:
O04P
Course Number:
Office Hours:
Instructor Information: Name: William Conner
Office Location:
Contact Information:
Course Website:
Blackboard site: https://learn.vccs.edu
Instructor email address: (college or VCCS):
Table of Contents
Course Information 3
. . . . . . . . . . . . . . . . . . .
Course Description 3
Prerequisites and/or Co-Requisites 3
General Education Core Competencies Supported by this Course 3
Required Course Texts and Supplementary Materials 3
Course Learning Outcomes 3
Topics Covered in this Course 3
Course Schedule 4
. . . . . . . . . . . . . . . . . . .
Description of Assignments/Assessments 4
Course Policies & Procedures 6
. . . . . . . . . . . . . . . . . . .
Grade Policy 6
Course Communication 7
Attendance Policy 7
Late Work/Make-up Exam Policy 7
Classroom Behavior 7
Inclement Weather/Emergent Hazardous Conditions 7
Course Evaluation 8
Academic Policies & Procedures 8
. . . . . . . . . . . . . . . . . . .
Withdrawal Policy 8
Academic Integrity 8
Student Outcomes Assessment Requirement 8
Plagiarism and Academic Misconduct 8
Educational Accessibility 9
Emergency Procedures 9
Student Success Resources 9
. . . . . . . . . . . . . . . . . . .
Library 9
Academic Support Services 9
Online Help Desk 10
Important Websites 10
Course Information
Course Description
Introduces macroeconomics including the study of Keynesian, classical, monetarist principles and theories, the study of national
economic growth, inflation, recession, unemployment, financial markets, money and banking, the role of government spending and
taxation, along with international trade and investments.
Prerequisites and/or Co-Requisites
Prerequisites - None Corequisites -None
General Education Core Competencies Supported by this Course
After completion of this course, students will be able to:
A competent critical thinker evaluates evidence carefully and applies reasoning to decide what to believe and how to act.
• Critical Thinking
A person who is competent in quantitative reasoning possesses the skills and knowledge necessary to apply the use of logic,
numbers, and mathematics to deal effectively with common problems and issues. A person who is quantitatively literate can
use numerical, geometric, and measurement data and concepts, mathematical skills, and principles of mathematical reasoning
to draw logical conclusions and to make well reasoned decisions.
• Quantitative Reasoning
Required Course Texts and Supplementary Materials
Economics, 21st. Edition
McConnell, Brue, and Flynn
With Connect
Course Learning Outcomes
• Interpret data on graphs such as direct, inverse, linear, and non-linear relationships between variables, including the ability
to transfer data between graphical and tabular form.
• Identify basic economic principles to include the principles of opportunity cost, scarcity, and economic systems.
• Describe the impact of economic events in terms of shifts in supply or demand in markets.
• Recognize the different phases of the business cycle and the causes of problems such as inflation and unemployment.
• Explain how money is created through the medium of demand deposits, the purpose and effect of the reserve requirement,
and the money multiplier effect.
• Describe hypothetical economic conditions using a macroeconomic model.
• Explain how government spending and tax policies affect the national economy with regard to the concept of fiscal policy.
• Describe the importance of and recent trends in international trade.
Topics Covered in this Course
• Major topics:
• • Key economic terminology
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• • Supply and demand
• • Gross Domestic Product
• • The business cycle and its byproducts
• • Macroeconomic modeling
• • Money and banking
• • Monetary and fiscal policy
• • International trade
Course Schedule
The following course schedule may change due to the progression of the course and at the discretion of the instructor. If
changes/additions are made to the schedule, students will be notified in writing.
Description of Assignments/Assessments
1) Exams - Mid-Term and Final (Worth 2,000 points each) - 4,000 Total
These contain 20 multiple choice questions and 4 problems.
2) Connect Homework - Learnsmarts and Homework (Worth 100 points each) - 3,000 Total
3) Course Project - Paper that addresses several economics topics - 1,000 Total
4) Authentication Meetings - Virtual or physical meetings (2 Worth 500 points each) - 1,000 Total
The first is a discussion of the mid-term, and the second is a discussion of your career plan. This is a microeconomic topic!
5) Discussions - Discussion Board postings (10 Worth 100 points each) - 1,000 Total
Eight of these require participation in unit discussions. They are like classroom participation.
Two of these address introductory topics: 1) A personal introduction, and 2) questions about the syllabus or an indication that you
understand.
Unit Activity Type Activity Date
1 Discussion DB # 1 Introduction August 27
1 Discussion DB # 2 Syllabus August 27
1 Reading Read Chapters 1 & 2 September 1
1 Homework Chapter 1 Learnsmart September 1
1 Homework Chapter 2 Learnsmart September 17
1 Homework Chapter 1 Homework September 1
1 Homework Chapter 2 Homework September 1
1 Homework DB #3 Limits, Alternatives, and
Choices
September 1
1 Discussion DB #4 Market Systems, and the
Circular Flow
September 1
2 Reading Read Chapter 3 September 17
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2 Homework Chapter 3 Learnsmart September 17
2 Homework Chapter 3 Homework September 17
2 Discussion DB # 5 Demand, Supply, and
Equilibrium
September 17
3 Reading Read Chapters 26 & 27 September 24
3 Homework Chapter 26 Learnsmart September 24
3 Homework Chapter 27 Learnsmart September 24
3 Homework Chapter 26 Homework September 24
3 Homework Chapter 27 Homework September 24
3 Discussion DB # 6 An Introduction to
Macroeconomics
September 24
3 Discussion DB # 7 Measuring Domestic
Product and National Income
September 24
4 Reading Read Chapters 28 & 29 October 1
4 Homework Chapter 28 Learnsmart October 1
4 Homework Chapter 29 Learnsmart October 1
4 Homework Chapter 28 Homework October 1
4 Homework Chapter 29 Homework October 1
4 Discussion DB # 8 Unemployment Protection October 1
5 Reading Read Chapters 30 & 31 October 8
5 Homework Chapter 30 Learnsmart October 8
5 Homework Chapter 31 Learnsmart October 8
5 Homework Chapter 30 Homework October 8
5 Homework Chapter 31 Homework October 8
5 Discussion DB # 9 Basic Macroeconomic
Relationships and the Aggregate
Expenditures Model
October 8
6 Exam Mid- Term Exam October 15
6 Meeting Authentication Meeting to Discuss
Mid-Term
October 15
7 Reading Read Chapter 32 October 22
7 Homework Chapter 32 Learnsmart October 22
7 Homework Chapter 32 Homework October 22
7 Discussion DB # 10 Aggregate Demand /
Supply
October 22
8 Reading Read Chapter 33 October 29
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8 Homework Chapter 33 Learnsmart October 29
8 Homework Chapter 33 Homework October 29
8 Discussion DB # 11 Fiscal Policy October 29
Project Project Course Project November 12
9 Reading Read Chapters 34 through 36 November 19
9 Homework Chapter 34 Learnsmart November 19
9 Homework Chapter 35 Learnsmart November 19
9 Homework Chapter 36 Learnsmart November 19
9 Homework Chapter 34 Homework November 19
9 Homework Chapter 35 Homework November 19
9 Homework Chapter 36 November 19
9 Discussion DB # 12 Monetary Policy November 19
10 Reading Read Chapter 40 December 3
10 Homework Chapter 40 Learnsmart December 3
10 Homework Chapter 40 Homework December 3
10 Discussion DB # 13 International Trade December 3
11 Exam Final Exam December 10
11 Meeting Authentication meeting to discuss
final exam
December 10
Course Policies & Procedures
Students need to complete their self introduction and syllabus discussion by August 27th. or risk being dropped.
Students may be dropped if any assignment is more than one week late.
Notes, resources, etc. may be used on all assignments. Cheating can only occur if a student colludes with another student, or a person who
is not taking the class.
TCC now requires authentication in on-line courses. You must arrange a virtual meeting with me by webcam over the computer, or at the
campus to comply with this requirement. You will need to show your id for such meetings.
Economics is a controversial subject. Students must be respectful on discussion forums and not resort to name calling or the use of
profanity.
Grade Policy
Based on the progression of the course, the grade distribution for each assignment may change. However, if changes are made, I will
notify students in a timely manner and in writing. Final grades are made available to each student within the Student Information System
(SIS) now web delivered via MyTCC or SIS.
A = 9,000 to 10,000 points
B = 8,000 to 8,999 points
C = 7,000 to 7,999 points
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D = 6,000 to 6,000 points
F = Less than 6,000 points
Course Communication
Check Blackboard and Announcements daily for course updates.
I will respond to [email protected]; 757-822-2315 (Office) or 757-287-7829 (Cell) within 48 hours, excluding weekends.
Attendance Policy
All students are expected to be present and on time at all scheduled class and laboratory meetings. Instructors are not required to admit a
student who arrives late to the classroom. A student who adds a class or registers after the first day of classes is counted absent from all
class meetings missed.
If a student is absent more than 15 percent of scheduled instructional time, attendance may be defined as unsatisfactory. This calculation
includes absences occurring during the add/drop period. See also the Withdrawal Policy in this syllabus for more information. Per the
college’s attendance policy, faculty have the right to develop a more stringent policy as well. Students who do not attend or participate in
class by the deadline to drop for tuition refund may be deleted from the course.
Late Work/Make-up Exam Policy
Late work may not be made up unless this has been arranged through discussion with the professor. Late work is subject to a 15% late
penalty.
Classroom Behavior
TCC is committed to maintaining a social and physical environment conducive to carrying out its education mission. Therefore, all
members of the TCC community are expected to demonstrate standards for civility.
• Be moderate in speaking. Loud, obscene, argumentative, or threatening speech is disruptive to teaching and learning and is offensive
to others. It has no place in an academic setting
• Resolve any disagreements in a positive, non-combative manner. Request the assistance of college authorities if needed.
• Show respect for the comfort of others in an educational setting by observing acceptable standards for personal cleanliness and dress.
Cell phones, pagers, and other communication devices are prohibited from use in classrooms, laboratories, and libraries, unless authorized
by the appropriate faculty or staff. Although soundless communication devices such as cell phones and pagers are permissible in
classrooms, college offices, and/or meeting rooms, they must not be answered during class.
Inclement Weather/Emergent Hazardous Conditions
Tidewater Community College uses TCC Alerts to immediately contact and inform faculty, staff and students of a major crisis or
emergency. TCC Alerts delivers important emergency alerts, notifications, and updates via:
• Email (work, home, other)
• Text Message via Cell phone
• Pager
When an incident or emergency occurs, authorized senders will be instantly notified via TCC Alerts. TCC Alerts is a personal connection
to real-time updates, instructions on where to go, what to do, or what not to do, who to contact, and other important information. New
users may also register by sending a text message to 411912 Keyword: TIDEWATER. To cancel the service, text TIDEWATER STOP
to 411911.
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All students are encouraged to sign up for TCC Alerts as soon as possible. If you have already subscribed, please verify your
contact information is up-to-date in TCC Alerts.
The closing of campus for emergencies should not affect this on-line class. Let me know if you are affected, and I will make
arrangements to accommodate you.
In the event of an emergency shutdown of the college, the president and her executive staff may elect to conclude the term in session if
eighty-five percent or more of that term has been completed. If the term in session is concluded, faculty shall compute final grades of
students based on coursework completed at that point.
Course Evaluation
Academic Policies & Procedures
Students are responsible for being aware of the policies, procedures, and student responsibilities contained within the current edition of
the TCC Catalog and Student Handbook.
Withdrawal Policy
Students who wish to withdraw without academic penalty should contact a counselor to determine the appropriate procedure.
Withdrawals through completion of 60 percent of a session will result in a W grade. After 60 percent of a session is completed, a
withdrawal will result in a grade of F in a credit course or a grade of U in a developmental course, except under mitigating circumstances
that must be documented by the instructor and approved by the academic dean. Dynamic session classes have unique refund and
withdrawal dates. Contact a campus Enrollment Services Office for more information, or visit the Academic Calendar website (URL
provided in Important Websites section).
A student who drops after the last day to withdraw does not receive a 'W'. He/she receives an 'F', in which case there is both an academic
and financial penalty. A student who withdraws by the deadline faces a financial penalty, but not an academic penalty.
09/06/2017
10/26/2017
Deadline to drop for tuition refund
Deadline to withdraw without academic penalty and to receive a grade of W for the course
Academic Integrity
TCC will expect students to demonstrate personal and academic integrity, to be open to new ideas, and to share in a community where
individuals from diverse backgrounds and cultures help one another grow intellectually, socially, and personally.
TCC expects students to achieve, not just to get by. And while many caring and talented faculty and staff are here to help, students must
take responsibility for their own learning. Students should strive for a high level of academic performance and to be responsible,
contributing citizens within the college and in outside communities. Above all, TCC wants students to develop a love of learning that will
last a lifetime, along with a life-long interest in maintaining emotional and physical wellness.
Student Outcomes Assessment Requirement
Work products submitted by students to fulfill course requirements may be used by the college to evaluate its academic programs and
general education requirements.
Plagiarism and Academic Misconduct
Academic misconduct includes, but is not limited to, the following actions: cheating on an examination or quiz—either giving or
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receiving information; copying information from another person for graded assignments; using unauthorized materials during tests;
collaboration during examinations; buying, selling or stealing examinations; arranging a substitute for oneself during examinations;
substituting for another person, or arranging such a substitution; plagiarism—the intentional or accidental presentation of another’s words
or ideas; collusion with another person or persons in submitting work for credit in class or lab, unless such collaboration is approved in
advance by the instructor.
Faculty members who have reliable evidence of academic misconduct will (1) investigate the matter, and (2) review the facts of the
matter and the proposed penalty with the appropriate academic dean. They may then take one or more of the following actions:
• Require the work to be accomplished again
• Give no credit for the test, paper, or exercise
• Assign a grade of F, U, or W for the course
• Refer the matter to the campus Dean for Student Services or designee for possible disciplinary sanction through the college’s
disciplinary procedure
If the faculty member chooses to refer the matter to the campus Dean for Student Services or designee for disposition, the Plenary
Disciplinary Procedure shall be followed, and the student’s dismissal from the college is a possibility.
Educational Accessibility
Students who have documented, diagnosed disabilities, and who need special accommodations for tests, etc., are advised to see the
Educational Accessibility Disabilities Services staff in Student Services so that the instructor may be notified of what accommodations
are appropriate in each case. Requests for accommodations should be made to the designated campus Educational Accessibility counselor
at least 45 days before classes begin. Documentation must be provided to support the need for accommodations.
For assistance with disabilities, contact the campus Educational Accessibility Counselor/Provider or the Coordinator of Educational
Accessibility Services: call 822-7752, visit Student Services/Development, or visit the Educational Accessibility webpage (URL provided
in Important Websites section).
Emergency Procedures
In the event of a bomb threat, tornado, or fire, students and staff may be directed to evacuate the building or move to an internal assembly
area within the building. Evacuation routes are posted in each classroom. The map indicates the route to the nearest exit. Students should
review the map to make sure that the exit routes for the building are clearly understood. The information regarding locations of the
Emergency Assembly Areas and Internal Assembly Areas for all classrooms or spaces used on the various campuses is available on the
College Closings and Emergencies (https://www.tcc.edu/closings-emergencies) webpage. If you require assistance during an evacuation,
let your instructor know at the end of the first class.
Student Success Resources
The following resources are available to TCC students. Visit the Student Handbook webpage for more information about student services
and locations.
Library
A library is located at each TCC campus and at the Visual Arts Center. These libraries are intended for research and study, and they
contain materials in print and digital format to support the courses, curricula, and mission of the college. The research materials include
books, newspapers, magazines, journals, DVDs, streaming media and an extensive collection of indexes, abstracts and full-text databases.
Faculty members may place materials on reserve in the libraries for their students. Visit the Library webpage for more
information: http://libguides.tcc.edu/LibraryPage
Academic Support Services
Each campus provides various kinds of academic assistance. One-on-one tutoring, math and computer labs, and other forms of individual
and group assistance may be available. Students can also find free help for writing, from short questions about commas and comma
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splices to a comprehensive review of research papers in progress, in the Writing Centers.
Online Help Desk
Visit the following website for Blackboard support: https://web.tcc.edu/academics/learningtechnologies/support.html
Important Websites
• College Website: https://www.tcc.edu
• Closings and Emergencies: https://www.tcc.edu/closings-emergencies
• Blackboard and Student E-mail: https://tcc.my.vccs.edu
• Educational Accessibility: https://www.tcc.edu/student-services/personal-support/students-disabilities
• Student Handbook: https://www.tcc.edu/studenthandbook
• TCC Catalog: https://www.tcc.edu/academics/catalog/
• Class Schedule: https://m.sis.vccs.edu/index.php/app/catalog/classSearch?institution=TC295 (or log-in to SIS for current course
offerings)
• Academic Calendar: https://www.tcc.edu/academics/calendars/
• For current financial aid information and assistance, visit https://www.tcc.edu/paying-for-tcc/financial-aid/ or https://studentaid.ed.gov/
• Library: https://www.tcc.edu/library
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- Course Information
- Course Description
- Prerequisites and/or Co-Requisites
- General Education Core Competencies Supported by this Course
- Required Course Texts and Supplementary Materials
- Course Learning Outcomes
- Topics Covered in this Course
- Course Schedule
- Description of Assignments/Assessments
- Course Policies & Procedures
- Grade Policy
- Course Communication
- Attendance Policy
- Late Work/Make-up Exam Policy
- Classroom Behavior
- Inclement Weather/Emergent Hazardous Conditions
- Course Evaluation
- Academic Policies & Procedures
- Withdrawal Policy
- Academic Integrity
- Student Outcomes Assessment Requirement
- Plagiarism and Academic Misconduct
- Educational Accessibility
- Emergency Procedures
- Student Success Resources
- Library
- Academic Support Services
- Online Help Desk
- Important Websites