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This 7 page Class Notes was uploaded by Stephen Zawada on Monday February 1, 2016. The Class Notes belongs to Econ 2133 at East Carolina University taught by Dr. Nehad Elsawaf in Spring 2016. Since its upload, it has received 75 views. For similar materials see Principles of Macroeconomics in Economcs at East Carolina University.
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Date Created: 02/01/16
EAST CAROLINA UNIVERSITY DEPARTMENT OF ECONOMICS PRINCIPLES OF MACROECONOMICS ECON 2133 SPRING 2016 Professor : Nehad Elsawaf, Ph.D. Office: BrewsterC 303b Phone: (252) 7374340 Office hours: MWF from 10:0011:00 am, W from 12:301:30 pm and by appointment. EMail: firstname.lastname@example.org Course Objectives : This course is designed to introduce students to the basic macroeconomic models and concepts measurement of economic activity, operations of the banking system, effect of government fiscal and monetary policies…etc. Students learn how to apply these basic models in order to understand real economic issues such as economic growth, recessions and inflation. Moreover, the course emphasizes the relevance of economics as a method of evaluating decisions and teaches how individual choices and government polices collectively influence the state of the economy at large.Upon completion of the course students will: Have the basic understanding of the major macroeconomic variables such as national income , aggregate demand and aggregate supply, inflation, unemployment and how they’re measured Understand the importance of money and prices and the Fed’s tools of monetary control Learn about short run economic fluctuations and how fiscal and monetary policy work to mitigate the effects of such fluctuations. Be familiar with the major and current macroeconomic policy debates. Required Materials: Text: Brief Principles of Macroeconomics Seventh edition By: N. Gregory Mankiw REQUIRED: Purchasing the APLIA ACCESS printed Card bundled with the ebook (free) is required by all students. IS9781305135321 Aplia is an interactive Homework tool that allows you feedback on each question that you miss in the HW and provides you a thorough and complete explanation of the HW questions and concepts. It’s generally set up to allow you 3 trials on each HW question. Each time you miss the question, it explains what you did wrong and why you missed it. Through your access card you’ll also get a free access to the ebook with all the chapters using the mindtap reader tool which gives you many interesting features that facilitate how to study and read the book. Students could purchase the Aplia access card either from the university ‘s bookstore ( DOWDY) or online through the Cengagebrain website ( the publisher’s website directly). The information on how to register and buy the Aplia software through cengagebrain is provided in the “Aplia registration and course key” handout posted on Bb under course documents. Whether you buy the access card through the bookstore or through Cengage learning you still need the Course Key in order to be able to view my course with the related reading chapters and see the due dates for the HW assignments …etc. The course key is provided in the “Aplia registration and course key” handout that I mentioned above. OPTIONAL: Buying a hardcopy of this edition of the textbook or any earlier editions of the book (new or used) is optional. I don’t require it! A reliable internet connection is also required to be able to access the course's blackboard (Bb). On Bb I’ll make available my power points for each chapter. I’ll send some reminders via the course announcements section, as well as post your online quizzes for this course. Your quizzes will be administered via Bb (under course assignments) as I’ll explain in the components of student evaluation and grade section below Class Policies: Attendance: T he most important class policy is attendance. Attendance and good grades always go hand in hand. Although I don’t give grades for attendance, being in class every week, participating in class discussions and taking good notes are vital for your success in this class. I discuss important information that may not be even mentioned in your textbook. I will also give several extra credit opportunities from time to time in class, some will be announced and some will not, so attendance is required in order not to miss them. If you miss a class it is your responsibility to know what you missed and keep up with the material and submit the course requirements on time. All students are also required to check the course’s blackboard for postings and announcements. This course requires a high degree of personal motivation and an excellent ability of organizing and planning your time and schedule. If you procrastinate, you’re setting yourself up for disappointment, hardship and eventually failure in the course. Students are strongly encouraged to contact me at the first sign of trouble. It’s your responsibility to let me know if you’re struggling with something academically in the course or otherwise so I can be aware and be able to help as soon as possible. I’m your first line of defense not your last resort. Class Communications: Email : The easiest, fastest and most guaranteed way to reach me is via email (see my email above). You can email me Monday through Friday from 9:00 am to 5:00 pm. If you email during those times you’re guaranteed a fast and prompt response on the same day. If you email after 5:00 pm, most likely I’ll respond the next day. I don’t respond to emails on weekends. (emails received on Fridays after 5:00 pm will be replied to on Monday!!) Email Policy: When you email please make sure that you enter the appropriate subject in the subject line. Begin your email with the appropriate professional greetings( such as Dear Dr. Elsawaf, Dear Dr. E, Dear Professor, Good morning/afternoon professor Elsawaf…etc). In the first line please don’t forget to restate your name, the class (ECON 2133) and your section number or the times and days our class meets (if you can’t remember the section number!). This will allow me to respond to your concern faster and more effectively. Also don’t forget to close your email with the appropriate professional ending as well ( such as;Thank you, Sincerely Yours, Have a great day, Best regards…etc). Office hours: Please see my office hours schedule above. You’re most welcome to utilize them (just walk in during office hours) or if my office hours don’t work for you, simply email and set up an appointment with me if you need to. I’m always willing to help a student who is trying hard and is making an honest attempt to understand the material. Office Phone calls and voice messages: Please don’t call my office unless you absolutely have an emergency. when you do, please leave a voice message so I know who called. Most likely I’ll reply using an email depending on the situation. Withdrawals and Incomplete: Grades assigned for withdrawals or incompletes are determined in strict compliance with policies stated in the university catalog. An incomplete grade is only given in extremely exceptional circumstances. Make up Exams: No Make up quizzes or assignments are allowed in the courseNo exceptions! In exam cases only, if there is a documented medical excuse or a verifiable, dire emergency, I will allow the weight of the missed exam to be added onto your final exam. Please note that a simple note from the student health services saying that you’ve been seen by their office is not enough to document a dire emergency or an excuse for that matter. I need to see a note from the physician explaining the nature of your emergency and whether it was enough and reasonable to miss the exam on this particular day. All documented exam excuses should be turned in within a week of the missed test in order to be approved. I’ll not accept any late documentation especially if you wait till the end of the semester! All unapproved excuses will result in a grade of zero for that missed exam. Components of Student Evaluation and Grade: Your overall grade in this course will be determined by your weighted average scores on four in class exams, a number of Bb quizzes, and 8 Aplia HW assignments. Exams: Three exams will be given during the semester. (Closed book and closed notes). The use of note cards or other resources is strictly forbidden during the exam. Each exam will cover approximately 2 3 chapters. The fourth exam is the final, which is a comprehensive exam. All four exams will be multiple choice and T/F. (please bring bubble sheets and #2 pencils). All exams are curved and the curved grade is what counts towards your final grade. The dates of the exams are given below (under course grades, Exam dates.) Quizzes: A number of short quizzes will be administered throughout the semester. I will announce in advance (at least a week) the date of the quiz. The quizzes will also be multiple choice and T/F in nature. To help you plan ahead, please expect a quiz at the end of every chapter we cover and be prepared. Please note the following: All quizzes will be administered via the course's blackboard Bb under the course assignments section. .Quizzes will be closed book and notes You'll be given a window to complete each quiz ( typically a work week The quiz is restricted to a time limit ( typically 10 15 minutes once launched) You'll be allowed 2 trials to take the quiz, the highest of the 2 grades will count. Once the quiz window expires, you ARE NOT ALLOWED TO RETAKE THE QUIZ!! Answers to each quiz will be provided in class after the quiz window expires. Please note that the purpose of the quizzes is to help you keep up with the material as well as identify problem areas that you need to address before the exams (consider the quiz a trial run for the exam). Homework assignments: Homework assignments are mostly quantitative and target development of proficiency in understanding of the material. I will assign a number of HW questions at the end of every chapter from the Aplia software. You'll be allowed 3 trials for each question and the highest will count. You'll be given one week to submit the HW. The due dates for each HW will be posted on the Aplia course outline. Once you register for Aplia and have the course access key you'll be able to view the course outline with the HW due dates. You'll view each Hw 2 weeks in advance prior to the due date. PLEASE NOTE: You won't be able to view the HW after the due date expires and I can't go back to activate the HW for you. Timely submission of the HW is required. Late submission will result in a zero in that assignment. I will also devote time in class for problems that are deemed difficult or feel that students are having problems with. PLEASE NOTE: Your exams will include questions that are similar to those on the quizzes and in the HW assignments. So take your HW seriously! Course Grade, Exam Dates and the Grading Scale: Exam 1 (15%) Monday February 15th. Exam 2 (15% ) Monday March 14th. Exam 3 (15%) Monday April 11 th. Final Exam comprehensive (25%) Per ECU schedule please check the university academic calendars: http://www.ecu.edu/fsonline/senate/fscalend.cfm for date and time of the final. The final exam will be in our classroom. Total Quizzes (15%) Total Aplia Homework Assignments (15%) =Total 100% The grading scale is as follows: 94100 A 9093 A 8789 B+ 8386 B 8082 B 7779 C+ 7376 C 7072 C 6769 D+ 6366 D 6062 D Below 60 F DISABILITY POLICY: East Carolina University seeks to fully comply with the Americans with Disabilities Act (ADA). Students requesting accommodations based on a covered disability must go to the Department for Disability Support Services, located in Slay 138 to verify the disability and register with the office before any accommodations can occur. The telephone number is: 2527371016. ACADEMIC INTEGRITY :Academic integrity violations include acts of cheating, plagiarism, falsification, or attempting any of these. If I determine that an academic integrity violation has taken place, I reserve the right to assign a grade penalty or to refer the case to the Office of Student Rights and Responsibilities for an Academic Integrity Board hearing. The grade penalty could be up to an F for the assignment or for the course. Should it come to my attention that you have had a prior academic integrity violation at ECU, I will refer the case directly to the Office of Student Rights and Responsibilities, which has the power to impose more severe sanctions, up to and including suspension from the university. See the Student Handbook at http://www.ecu.edu/csstudentlife/policyhub/academic_integrity. for additional information about the academic integrity policy at ECU. CLASSROOM BEHAVIOR: Students are expected to conduct themselves at all times in a manner that does not disrupt teaching or learning. Do not operate cell phones in class. Behavior that disrupts learning may lead to disciplinary action and/or removal from class as specified in university policies, including the Student Code of Conduct (http://www.ecu.edu/cs studentlife/policyhub/conduct_code.cfm. WEATHER AND OTHER EMRGENCIES: In the event of a weather or other emergency, information about the status of classes at ECU will be available through the ECU emergency information hotline (2523280062) and on the ECU emergency alert web site (http://www.ecu.edu/alert/). I will also post Bb announcements if classes are cancelled. RETENTION POLICY: ECU is implementing changes to its retention requirements this semester: Please see below and discuss the retention requirements, entrance to major requirements, and your goals with your academic advisor. New Retention Targets (effective with Fall 2011 grades) GPA Hours at ECU Old Retention Requirement New Retention Requirement Plus Transfer Credit Hours (all courses taken at ECU) (all courses taken at ECU) 129 semester hours 1.6 GPA 1.8 GPA 3059 semester hours 1.8 GPA 1.9 GPA 6074 semester hours 1.9 GPA 2.0 GPA 75 or more semester hours 2.0 GPA 2.0 GPA Suggestions For Success in ECON 2133: Be Responsible: Be prepared, complete assignments, on due dates and complete all, tests and quizzes, take good notes in class. Homework is the student’s responsibility. Attempting the homework problems during the assigned week is essential for success in this course. Participate and be an Active Learner: Ask questions, and participate positively in class discussions. Be Honest: Cheating, plagiarism, etc. of any type are not tolerated and are grounds for receiving an "F" in the course. Students having difficulties are always welcome to communicate with me, use my office hours or request separate appointments, send me emails. Remember I’m your first line of defense, not your last resort. I’m always here to help!!
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