Course Descriptions & Syllabi

Course Descriptions & Syllabi

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Note: some or all of the courses in the subjects marked as "Transfer" can be used towards a transfer degree: Associate of Science and Arts or Associate of Engineering Science at DACC. Transferability for specific institutions and majors varies. Consult a counselor for this information.

Areas of Study | | CECN103 syllabus




COURSE NUMBER: CECN103
COURSE TITLE:Macroeconomic Principles
DIVISION:Business
IAI CODE(S): S3 901
SEMESTER CREDIT HOURS:3
CONTACT HOURS:45
STUDENT ENGAGEMENT HOURS:135
DELIVERY MODE:In-Person, Online, Hybrid

COURSE DESCRIPTION:
An introduction to the principles of macroeconomic theory.  Units of study will include unemployment, inflation, GDP and national income accounting, economic growth, aggregate demand and aggregate supply.  Additional units of coverage will include the Keynesian--Classical model debate as well as fiscal and monetary policy. A required course for Business and Accounting majors.

PREREQUISITES:
CECN102, DEVR098, DEVM100

NOTES:

STUDENT LEARNING OUTCOMES:
Upon completion of this course, students will be able to:
  • Identify and examine theories, tools and methods of economic analysis.
  • Critically analyze those aspects of human behavior, both individual and social, through which the economic problem is addressed.
  • Identify and describe major economic institutions and describe their operation and inter-relationships.
  • Explore and analyze historical and current economic problems locally, nationally and globally, and apply economic analysis to explain economic policies.
  • Use course internet sources to examine issues related to economic problems and policies.

TOPICAL OUTLINE:
  1. The Macroeconomy: Unemployment, Inflation and Deflation
  2. Measuring the Economy's Performance (National Income Accounting)
  3. Global Economic Growth and Development
  4. Real GDP and the Price level in the Long Run
  5. Classical and Keynesian Macro Analysis
  6. Consumption, Income, and Multiplier
  7. Fiscal Policy
  8. Money and Banking System
  9. Money Creation, Payment System and Deposit Insurance
  10. Domestic and International Monetary Policy

TEXTBOOK / SPECIAL MATERIALS:
Economics Today, Miller 18th edition, Pearson 2016.

See bookstore website for current book(s) at https://www.dacc.edu/bookstore

EVALUATION:

100-90% = A

  89-80% = B

  79-70% = C

  69-60% = D

  59-00% = F


BIBLIOGRAPHY:

STUDENT CONDUCT CODE:
Membership in the DACC community brings both rights and responsibility. As a student at DACC, you are expected to exhibit conduct compatible with the educational mission of the College. Academic dishonesty, including but not limited to, cheating and plagiarism, is not tolerated. A DACC student is also required to abide by the acceptable use policies of copyright and peer-to-peer file sharing. It is the student’s responsibility to become familiar with and adhere to the Student Code of Conduct as contained in the DACC Student Handbook. The Student Handbook is available in the Information Office in Vermilion Hall and online at: https://www.dacc.edu/student-handbook

DISABILITY SERVICES:
Any student who feels s/he may need an accommodation based on the impact of a disability should contact the Testing & Academic Services Center at 217-443-8708 (TTY 217-443-8701) or stop by Cannon Hall Room 103. Please speak with your instructor privately to discuss your specific accommodation needs in this course.

REVISION:
Fall 2019

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