Course Description: Emphasis on study of macroeconomics: national income accounting, consumption, saving and investment, government spending in economic activity, influence of government money and banking, problems of inflation and unemployment, international trade and its influence and its impact on domestic economic activity. For prospective economic majors and students with interest in specialized business curricula, completion of full Principles of Economics sequence (ECO 2023 and ECO 2013) is highly recommended. General Course Objectives: Describe the role of the major participants in the economy and how they affect it. Recognize the role that self-interest and rational behavior in the decision-making process. Identify the key variables necessary for assessing the status of the economy. Recognize the major schools of economic thought and their approach for solving economic problems. Understand how scarcity frames the basic economic decision making process and resource allocation. Understand the basis for and implications of international trade. Understand the economic foundation of political parties. Understand the market system and how prices are established. Understand the role of economic freedom in shaping markets worldwide. Recognize and weigh different perspectives in primary and secondary sources. Produce original work and scholarly research. Connect learning across academic disciplines. Attendance: Attendance in class is critical. A daily roll will be called. Students who enter the class after roll call and leave before the end of class will be counted absent. Late arrivals or early departures are very disruptive to other students and will not be tolerated. If you are late twice that will equal to an absent. To obtain a passing grade, the student may not be absent from a class meeting for more than the maximum number of absences as established by the college during any term or semester. Group Research Paper: A group research paper (country economic analysis and comparative analysis to other nations within and outside the region) will be due this semester. Please review the information below as an initial guide to get started. Macroeconomic Country Analysis group effort (or individual project with permission) – go to and click on and then click on Factbook.” “Library” “World Pick a country or two countries or a region (comparative analysis) to present from the list of more than 250 options and read the entire summary report. Summarize the following: Brief Historical Background edit it down and summarize it. –
Course Description: Emphasis on study of macroeconomics: national income accounting, consumption, saving and investment, government spending in economic activity, influence of government money and banking, problems of inflation and unemployment, international trade and its influence and its impact on domestic economic activity. For prospective economic majors and students with interest in specialized business curricula, completion of full Principles of Economics sequence (ECO 2023 and ECO 2013) is highly recommended. General Course Objectives: Describe the role of the major participants in the economy and how they affect it. Recognize the role that self-interest and rational behavior in the decision-making process. Identify the key variables necessary for assessing the status of the economy. Recognize the major schools of economic thought and their approach for solving economic problems. Understand how scarcity frames the basic economic decision making process and resource allocation. Understand the basis for and implications of international trade. Understand the economic foundation of political parties. Understand the market system and how prices are established. Understand the role of economic freedom in shaping markets worldwide. Recognize and weigh different perspectives in primary and secondary sources. Produce original work and scholarly research. Connect learning across academic disciplines. Attendance: Attendance in class is critical. A daily roll will be called. Students who enter the class after roll call and leave before the end of class will be counted absent. Late arrivals or early departures are very disruptive to other students and will not be tolerated. If you are late twice that will equal to an absent. To obtain a passing grade, the student may not be absent from a class meeting for more than the maximum number of absences as established by the college during any term or semester. Group Research Paper: A group research paper (country economic analysis and comparative analysis to other nations within and outside the region) will be due this semester. Please review the information below as an initial guide to get started. Macroeconomic Country Analysis – group effort (or individual project with permission) go to and click on “Library” and then click on “World Factbook.” Pick a country or two countries or a region (comparative analysis) to present from the list of more than 250 options and read the entire summary report. Summarize the following: Brief Historical Background – edit it down and summarize it.
ECO%202013%20Val%20Fall%202014%20SylDrTen.docx