Syllabus ECO100 F 19.docx - Macro Economics SYLLABUS Course ECO 100 Professor Leo Trudel PhD Phone 207-834-7567 207-316-6190 Office Nadeau 202 Hours M W

Syllabus ECO100 F 19.docx - Macro Economics SYLLABUS Course...

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10 Macro Economics SYLLABUS Course: ECO 100 Phone: 207-834-7567 Professor: Leo Trudel, PhD 207-316-6190 Office: Nadeau 202 Hours: M & W 9:00 – 12:00 Readings : Text: Economics , Baumol, William J and Blinder Alan S., 13 th edition Other: The Price of Inequality , Stiglitz, George, Norton, 2012) “Project Syndicate” and other sources as assigned. Course Description : Introduction to Macroeconomics offers the student an opportunity to learn the basic concepts of contemporary economic theory used to analyze and manage the US economy. Through classroom lecture and discussion, the student will learn fundamental economic theories regarding markets and the macro economy. These models/theories have been used to propose solutions to the macroeconomic ailments of unemployment and inflation that occasionally plagued economies. Global course objective : The student will evidence an understanding of the following economic models: the production possibilities frontier; supply and demand; macroeconomic expenditure models; and money market models. Competency will be demonstrated through a series of tests that emphasize problem solving, quizzes on assigned readings, participation in class and the completion of assigned homework, papers and projects. Student Learning Outcomes For General Education: Communication in English (Comm). Students will: GE-C1: Demonstrate ability to manage the writing process to generate ideas, and to draft, revise and edit compositions GE-C2: Demonstrate ability to manage the research process to evaluate, analyze, and synthesize a variety of texts GE-C3: Demonstrate ability to develop well-crafted academic essays Critical Thinking (Crit). Students will: GE-Crit1: Demonstrate proficiency defining problems, significant variables, and identifying valid data GE-Crit2: Synthesize knowledge from multiple sources, integrating abstract ideas and theories into effective interpretation of relevant data Behavioral and Social Sciences (BHS). Students will: GE-BHS1: Demonstrate recognition of key terms within behavioral and social science disciplines GE-BHS2: Demonstrate ability to interpret common forms of data specific to the disciplines
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10 GE-BHS3: Apply disciplinary concepts to community service or research GE-BHS4: Describe at least two standard theories or models in a discipline GE-BHS5: Using a case study, apply a model or theory to explain a process, evaluate a scenario, or make predictions GE-BHS6: Apply disciplinary knowledge to contemporary social issues. Each Topic listed below will have an identified macroeconomic outcome where appropriate. The outcome will be listed using the numbering above. Professional Management Program ’s Common Professional Components Macroeconomics (E1) (E1-1) Demonstrate knowledge Gross Domestic Product and its component parts (E1-2) Demonstrate understanding of Consumer Price Indices (E1-3) Demonstrate understanding of monetary and fiscal policy and their differences and relationships (E1-4) Demonstrate understanding of inflation, deflation, growth, recession, and depression
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