busc 1a syllabus

Mt. San Antonio College

PRINCIPLES OF ECONOMICS: MACROECONOMIC

Prerequisite: Eligibility for ENGL 1A.

INSTRUCTOR: FRANNY CHAN

 E-mail address: fwchan@mtsac.edu Voice Mail: 909-594-5611, Ext. 3031

Office Hours: Mon & Wed 7:30-8am by e-mail

COURSE DESCRIPTION:  Principles of aggregate economic analysis; economic cycles including recession, unemployment, inflation and economic growth; national income accounts; money and financial institutions; monetary and fiscal policy; alternative economic viewpoint; budget deficits and public debts; international trade and finance.

COURSE OBJECTIVE: 

1. Use correct macroeconomic terminology.
2. Utilize tools of macroeconomic analysis including graphing models in the abstract such as supply and demand, income-expenditure applications.
3. Solve problems related to the mixed American economy; supply and demand; private and public sectors; national income, employment and fiscal policy; money, banking, monetary policy and the fiscal-monetary policy mix; economic growth and resource policies.
4. Recognize various schools of economic thought and their assumptions.
5. Explain international trade and international finance including exchange rates.
   

STUDENT LEARNING OUTCOMES:  View at http://slo.mtsac.edu

TEXTBOOK:   Roger A. Arnold; Macroeconomics, Cengage Learning.

WEBSITE:  http://instruction.mtsac.edu/fchan click on Macroeconomics

RECOMMENDED READINGS: Have access to newsmagazine and newspaper such as U.S. News and World Report, Time, Business Week, Fortune or the Wall Street Journal. Current economic news will be discussed in the class. It will be helpful if you can familiar yourself with the present economic environment of our country.

REQUIRED MATERIALS:

1. Text book
2. Notebook, 2 Pencil or Pen
3. Scantrons for Quizzes and Exams
4. Calculator
5. Computer Access: Students are required to have access to a computer with an internet connection and MS Excel.
6. SAC Email Address: Use only your official Mt.SAC email address when communicating with your professor. Contact the Help Desk immediately at (909) 274- 4357 if you are experiencing any technical problems with your email

Weekly Schedule:

Course schedule may be changed at the discretion of the instructor.

GRADING:

Your grade is based upon the following assignments and tests:

6 Classroom Assignments  20% (3.33% each)

3 Exams                                45% (15% each)

Final Exam                           35%

A=90%   B=80%  C= 60%  D= 50%

If you wish to withdraw from this class, be sure to drop officially in the record office. Failure to do so will result in an F.

Exams:  All the exams will consist two parts: true/false and multiple-choice problems. Please bring a calculator and scantron (#882-E) to each exam. Class notes will be very helpful in preparing for the exams. You can prepare a formulae sheet to bring to the exam. No makeup examinations will be given.  If you miss any exam, your final exam will replace that exam grade.  FINAL IS SELECTIVELY COMPREHENSIVE.

Classroom assignments: Classroom assignments have to be finished in the classroom.  They are open-book exercises and will be given at the end of the section. No makeup assignments will be given, and no late classroom assignments will be accepted.  If you missed an assignment, you have to do the extra ones to make up. You will be given more than 6 assignments. If you did more than 6 assignments, the extra assignments will be counted as extra credit towards your grade.

Course Rules, Policies, and Student Expectations

1. All quantitative answers in class work and exams should have at least 2 decimal digits, 4 are recommended.
2. Inactive or unprepared students may be dropped from class due to poor performance as determined by the professor. You are expected to participate in all course activities including lectures, class and group work. Not participating in 80% of class activities may result in a failing grade for the class or being dropped for failing to meet the academic standards for this class.
3. You are expected to check your Mt. SAC email daily. When communicating with your professor use only your Mt.SAC email address and be sure to correctly identify yourself in each email and list class that you are enrolled. Grade questions will not be answered by e-mail, please communicate with me in person.
4. You are expected to comply with your professor’s instructions; failure to do so may result in your dismissal and/or failing the course.
5. Be polite, display common courtesy, and respect towards your classmates and professor. Please refrain from talking during lectures. Disruptive students may be asked to leave the class, marked as absent, and reported to the Student Life office.
6. Use of profanity, disrespecting classmates, or the professor will not be tolerated.  You will be dismissed from class and may be dropped from the class and receive an “F”.
7. Turn OFF cell phones and all electronic devices before entering the class. If any of your electronic devices ring you may be penalized or dismissed from class.
8. Students registered with DSPS and require special accommodation need to contact the professor. If special arrangements are required for an exam, please notify your professor at least 1 week in advance.
9. Attendance is mandatory in this class and roll will be taken at the beginning of each class. Absent students are responsible for the material covered in class.
10. Tardy student will NOT be given extra-time for exams. Student arriving beyond 10 minutes (as determined by the professor) will not be permitted to enter the class AND will forfeit their right to take the exam. No-Make ups will be provided.

The general rules of the College, the requirements of the Business Division and the Department of Business Administration are all assumed and specially applied to the cases of cheating, plagiarism and assignment of an incomplete grade. DSP&S rules will be followed in this course.