Principles of Macroeconomics

Student Learning Outcomes, Goals, Objectives:

Students successfully completing this course will be able to:

• Identify important positive macroeconomic issues present in the economy. (UNCG GSB SLO 1 & 2; Bryan School SLO 1)

• Identify important public policy and other normative macroeconomic issues present in the economy. (UNCG GSB SLO 1 & 2; Bryan School SLO 1)

• Choose appropriate models and other frames of reference for addressing macroeconomic issues. (UNCG GSB SLO 2; Bryan School SLO 1)

• Gather information appropriate to addressing macroeconomic issues. (UNCG GSB SLO 1 & 2; Bryan School SLO 1)

• Use appropriate information, models, and other frames of reference to analyze macroeconomic issues. (UNCG GSB SLO 1 & 2; Bryan School SLO 1)

• Students will implement the various steps of the critical thinking process, supported by the appropriate use of analytical and quantitative techniques, to formulate recommendations for subsequent decision making.

• Apply appropriate ethical standards when making recommendations for business decision making.

• Evaluate business decisions in the context of sustainability goals, balancing environmental, social, and economic needs, conditions, and potential decision impacts.

• Formulate appropriate strategies, in the context of global issues and forces, to improve business performance in the world economy.

• Explain the roles of innovation and innovation management in achieving successful business strategies, decisions, and performance.

• Plan, schedule, contribute to, and lead projects.

• Critically analyze claims, arguments, artifacts or information. In this course, student learning related to MAC Critical Thinking and Inquiry in the Social and Behavioral Sciences SLO 1 will be assessed primarily through biweekly in-class quizzes.

• Construct coherent, evidence-based arguments. In this course, student learning related to MAC Critical Thinking and Inquiry in the Social and Behavioral Sciences SLO 2 will be assessed through Packback discussion posts and responses.

Course Grading Information:

Activity/Performance Measure	Percentage/Points
Daily Work (attendance)	5%
Class Assignments (in-class experiments, worksheets, etc.; multiple choice, open-ended)	15%
Pearson Revel Assignments	20%
Packback Discussions (14 posts, online interactive discussion forum, reply to two students, drop lowest)	15%
Quizzes (eight, in-class, multiple choice, short answer)	20%
Comprehensive Final Exam (Canvas, multiple choice)	25%

Grading Scale

Percentage	Letter Grade
93% or higher	A
90 – 92.9%	A-
86 – 89.9%	B+
83 – 85.9%	B
80 – 82.9%	B-
76 – 79.9%	C+
73 – 75.9%	C
70 – 72.9%	C-
66 – 69.9%	D+
63 – 65.9%	D
60 – 62.9%	D-
< 60%	F

Attendance/Participation:

Daily attendance is recorded. Weighted 0 for absence and 100 for present. Students receive two free days, which replaces the two lowest scores.

Course Materials Purchased by the Students:

• Parkin, M., Bade, R., & Sarbaum, J. (2022). Macroeconomics Interactive, 1st edition. Boston, MA: Pearson (includes Pearson Revel access; ISBN 13: 8220144568750).

• Packback Questions (ISBN 13: 9780578986159)