Syllanus

U.S. Principles of Macro Economics

ECON 2301 02W 21905

Spring 2014

Syllabus

PROFESSOR

Stanley Holmes, Ph.D.

Assistant Professor of Economics

Department of Economics & Finance

College of Business & Technology

CONTACT INFORMATION

Office: BA 132D

Office Hours 11:00 to 3:00 Tuesdays and Thursdays or by appointment.

Telephone:  TAMUC Office (903) 468-6029 or Home Office (903) 365-7190

Fax:  903-886.5601

E-Mail:  Stanley.Holmes@tamuc.edu

COURSE DESCRIPTION

This online course meets Wednesdays from1:30 to 4:45P.M. Central Time on Class Live.  The course introduces the student to the basic concepts and tools of analysis in macroeconomics. It focuses on the operation of markets, the economy in both short and long run, economic fluctuations, money and banking, inflation, unemployment, fiscal and monetary policy and the international economy.  Perhaps the most important objective of this class is to introduce the excitement of economics.  We just went through one of the most difficult economic downturns in recent memory.  At the very least you will improve your understanding of the why it occurred and how it is recovering. 

REQUIRED HARDWARE

Your must have a headset with a microphone on your computer. It is required for class participation. Test the equipment prior to attending the ClassLive sessions.

REQUIRED COURSE TEXT

Macroeconomics – Hubbard and O’Brien, 4th Edition/Pearson, ISBN 13: 978-0-13-283220-5

COURSE OUTLINE

UNIT 1

Chapter 1                     Introduction: Economics: Foundations and Models                               

Chapter 2                     Trade-offs, Comparative Advantage and the Market System                

Chapter 3                     Where Prices Come From: The Interaction of Demand and Supply

Chapter 7                     Comparative Advantage and the Gains from International Trade       

  1st EXAM—Chapters 1,2,3,7                                                                         2/13 to 2/15

UNIT 2

Chapter...