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Instructor: Basil Al Hashimi

Pleae be sure to visit each of the following links:

syllabus module 1 module 2 module 3 module 4 module 5

Welcome to Macroeconomic Principles 111. I strongly recommend you take time to read this entire syllabus before you begin. Doing this will give you an overall perspective of the material as well as allow you time to plan for assignments, reading and tests.

COURSE DESCRIPTION:

Macroeconomics is the study of the behavior of the economy as a whole. Macroeconomics examines the overall levels for the economy's (nation's) output (Gross Domestic product-GDP), employment, prices, and foreign trade; the factors which cause the major changes in these levels; and the principal economic policy instruments which are used to affect these levels. Macroeconomics became clearly distinguished as a separate branch of economic theory after the publication of "The General Theory" by Keynes in 1936. Prerequisites: None.

REQUIRED TEXTBOOK:

"Economics," by Campbell R. McConnell & Stanley L. Brue, 15th edition. This packet includes a text, homework set, student learning guide and computer disk.

You may purchase this book at the Mesa Community College Bookstore.

SUPPLEMENTAL MATERIALS:

You will need to gain access to an additional book about macroeconomics for your book analysis. I recommend the "Memos to the President" published by Charles L. Schultze, or "Bankruptcy 1995" by Swanson and Figgie.

Also, lecture notes are provided for each module, found online under "Modules 1, 2, 3, 4, and 5." These notes may be useful for you as you read your text and to study for your final examination. You may access them at the course site modules.

COURSE PURPOSE:

To understand the behavior of an economy as a whole and the economic policy instruments which may be used to accomplish Macroeconomic goals for the benefit of individuals, groups and businesses in the economy (nation). To a degree, this course compares various alternative economic systems, but the great emphasis is on the mixed market economy with the United States of America as the specific model.

COURSE OBJECTIVES AND OUTCOMES:

At the end of this course the student will be able to...

understand and develop definitions of (basic concepts) of Macroeconomics.
understand the measurement of the national output.
understand the theory of output determination and the multiplier model.
understand the presentation of Keynesian, monetarist, classical, and supply side theories not just as differences of opinion, but as debates concerning the structure of the central macroeconomic model.
understand the alternative goals and tools of central bank monetary polices and their effect on output, employment, and prices.
examine various goals and tools of fiscal policies with their impact on deficits, government debt, business investment, consumer expenditures, and prices and employment.
understand the cross currents of exchange rates, the current international monetary system and the current and probable near- term economic/business/political impact for major sectors of the world.

COURSE ACTIVITIES:

Text: "Economics," by Campbell R. McConnell & Stanley L. Brue, 15th edition. This packet includes a text, homework set, student learning guide and computer disk.
Course handouts
Course correspondence
Analysis of periodicals
Analysis of a book dealing with macroeconomic issues
Access to current periodicals and the USA Today
Use of the electronic forum, including the Internet

COURSE PROCEDURE:

A) You will need to read through the materials very carefully so that you will be ready to produce assignments in time to meet your deadlines.

B) The final exam (there is only one exam) will be multiple choice and will be administered at Mesa Community College at the end of this course.

DUE DATES:

Module One February 10th
Module Two February 28th
Module Three March 20th
Module Four April 10th
Module Five April 25th
Book Analysis May 5th
Final Exam May 8th - 12th

STUDENT ACTIVITIES:

The following student activities will result in the final course grade:

There are five modules. A paper, 2-3 pages in length, is due at the end of every Module. Each paper is worth 60 points for a total of 300 points.
Final Exam 200 points.
Book analysis 100 points

This total is a possible of 600 points. Percentages of the total and points are given below:

Grade Points:

A 540-600 90-100%
B 480-539 80-89%
C 420-479 70-79%
D 360-419 60-69%
F 359 or less anything below 60%
W Withdrawal

* Note: An (I), or Incomplete, will not be issued for this Internet class. NOTE: Consult the college catalog for deadlines and requirements. The instructor reserves the right to change the course content, outline, exam dates or periodical due dates. The college catalogue is incorporated into the syllabus; all conditions of the MCC college catalogue shall apply to this class.

NOTES ON GRADES:

-A grade of "D" does not transfer to most four year institutions, but is a passing grade at this level.

In order to receive a passing grade, students must pass course and final examination with a score of 60% (a "D" or better).

The grading scale is administered equally to all students in the course. Each student has an equal opportunity to receive a grade based upon the merit of their work completed.

Keep track of your points throughout the semester. That way you will know exactly where you stand.

Credit/No Credit option is not available.

There are no extra-credit assignments for this class. The scheduled assignments and exams are sufficient to test your understanding of the material presented in the course.

Every student is expected to produce his/her original, independent, work. Any student whose work indicates a violation of the MCCCD Academic Misconduct Policy (cheating, plagiarism) can expect penalties as specified in the Student Handbook. NOTE: Course content may vary from this outline to meet the needs of the student. The date of the exam is subject to change.

READING ASSIGNMENTS:

You are expected to complete all reading assignments.

EXAMINATIONS:

No make up exam will be given. The final exam asks you to apply the concepts, terms and ideas related to chapters 1-21. Final exam will be a comprehensive multiple choice exam. Times for the final exam will be posted later in the semester.

PAPER INCLUDING ANALYSIS OF A PERIODICAL AND MODULE DISCUSSION(60 points each):

A total of five papers are due, one to be submitted with each module assignment. Each paper should be 2-3 pages in length. The article selected should be current and from the Internet. Please use a different article for each critique. The article should be related to the chapters covered by the Module. Each critique will contain all of the following:

Brief summary of the article.
The purpose of the article and how is related to macroeconomic issue.
Your analysis.
Your evaluation and recommendation.

BOOK ANALYSIS ( 100 points):

The student will select a book dealing with some aspect of macroeconomics. I suggest "Memos to the President," by Charles L. Schultze, or "Bankruptcy 1995" by Swanson and Figgie for those interested in the economic changes and opportunities that the Internet is creating in today's marketplace and marketspace. This assignment will be a maximum of eight (8) typed pages.

BOOK ANALYSIS INSTRUCTIONS:

As stated above, you will all be required to read an additional book for this course. After reading this book you will complete an analysis of the argument presented by the authors of this book. Your final draft will be submitted in MLA format* and must include the following:

I. SUMMARY:

You will apply the skills you developed in English 101 and 102 to complete a comprehensive summary of the book including but not limited to the thesis, purpose, organization, evidence and conclusion of the book.

II. MACROECONOMIC PRINCIPLE(S):

After clearly stating the macroeconomic principle(s) of the book, you will define the principle(s), then clearly discuss at least five aspects of elements of the principle(s).

III. POSITIVE, NORMATIVE ECONOMIC, OR BOTH:

Point out the authors' use of fact and evidence to support their argument.

IV. CONCLUSIONS AND RECOMMENDATIONS:

Present your own conclusion and recommendation based on what you learned from this course.

SENDING AND KEEPING A COPY OF YOUR ASSIGNMENT:

e- mail address: hashimi@mail.mc.maricopa.edu

Phone number: (480)654-7715

Students are responsible for keeping a copy of all assignments. Please save your assignments on the computer or xerox a copy for your files.

LATE ASSIGNMENTS:

You are expected to complete assignments as the schedule indicates. Any assignment that is late will lose 10% of the total possible each day. Students are encourage to submit their assignments early. All assignments are to be in MLA format.

SPECIAL NEEDS:

The instructor is willing to make any reasonable accommodations for students with limitations due to disabilities, including learning disabilities. Please discuss it with me. Students should also notify Student Services if they have any special needs.

NOTE REGARDING WITHDRAWAL:

There are two kinds of withdrawal: student initiated withdrawal, and instructor initiated withdrawal.

The last day for student initiated withdrawal is listed in the college schedule. After this date students may ask instructors to withdraw them, until the last day for instructor initiated withdrawal, which is also listed in the college catalog.

Failing to submit assignments and maintain steady progress will result in withdrawal by your instructor.

COURSE PURPOSE: NOTE TO STUDENTS RECEIVING FINANCIAL AID: IT IS YOUR RESPONSIBILITY TO PROTECT YOUR ELIGIBLITY TO RECEIVE FINANCIAL AID BY FINISHING THIS COURSE ON TIME.

...AND FINALLY, GETTING STARTED

Your requirements for this course are to complete each of the five modules, submit a book analysis and take the final exam. For a successful start, it is recommended that you:

Access your module materials off of this site, in the menu under Modules 1, 2, 3, 4, and 5. File the materials in a 3-ring binder, manila files, folder, or whatever works best for you.

Learn how to transmit your assignments.

Read assigned chapters in your textbook.

Do assignments and periodical analysis.

Discuss any problems with your instructor.

PLANNING FOR SUCCESS:

You may find it useful to schedule about 9 hours per week of study per week. You may find it effective to break up your study time into segments of study- activity-study and so on. It is important that you keep a calendar and schedule visible at all times.

In addition to scheduling your time, find a place to study. Find what kind of lighting works best for you. Noise level tolerance is also individual.

Finally, have all materials that you need organized. An organizing folder or system is important.

STUDY TIPS:

When reading your textbook, don't let your mind wander. Actively underline, highlight, take notes, think about what you are reading. You may wish to put key words or concepts on index cards, making flash cards for convenient use.

If you cannot concentrate, do something else for a while and make a commitment to come back to your study material. Sometimes it is helpful to schedule 15 minute blocks of study time to give yourself an incentive to focus.

It is important to relate concepts to current events and your life. Read papers and other periodicals with these concepts in mind. Watch news and special programs with these concepts in mind. You will find this course giving you a base and structure upon which you can continue to build your knowledge throughout your life.

Finally, have fun with this course. I have a passion for economics which I hope to share with you. Economics and the Internet are an integral part of our lives. With the background you will gain from this course, I'm sure you'll have a whole new perspective from which to view the news and events which affect your lives.

Please contact me if I can help you in any way on our adventure in macroeconomics course on the Internet. I'm interested in your thoughts and ideas as we go through this together.

Basil Al Hashimi

Pleae be sure to visit each of the following links:

syllabus module 1 module 2 module 3 module 4 module 5

Please contact Basil al Hashimi for comments or corrections email Red Mountain Campus phone: 480-654-7715 see a map

PHONE: 480 461 7000 (main) | 1833 West Southern Avenue, Mesa, AZ 85202 USA

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