Syllabi for Mrs. Collins

Principles of Macroeconomics CRN 23936 Spring 2019







Credit Hours:


Email Address & Communication:




Class Meeting


Contact Numbers



Office Hours:

Darlene S. Collins

Building 11-103


ECO 2013 Principles of Macroeconomics


Three (03)


Email communication via Canvas

  • Faculty Frontdoor Website:



TR 7:00 PM-9:45 PM Building 11, Room 202


Social Science Department:  (407) 299-5000 EXT. 1203

Fax:  (407) 582-1675


By appointment only                                    


Required Textbook





Online Learning Tool (Required):


McConnell, Campbell R., Brue, Stanley L. and Flynn, Sean M., Macroeconomics: Principles, Problems and Policies with Connect, 21st ed. McGraw-Hill Irwin, 2018. 


McGraw-Hill Connect (Go to and click on students then how to register for connect and follow instructions.  From there you may purchase the Connect resource.  Note: Connect is already packaged with the textbook) If you are having problems with the assignments in Connect, contact the help desk at 1-800-331-5094 and get a case number.


Optional Reading:






Course Description:





(Course Description












The Wall Street Journal.  You can get the WSJ at some newsstands or by signing up in class or by going to and ordering it online.  It is the paper for the most detailed examination of economics you can read on a daily basis.


This course gives an overall scope of the performance, structure, and activities within an economic system that is influenced by government policy.  Topics within this



field include:  national income accounting, consumption, saving and investment, government spending in economic activity, influence of government money and banking, problems of inflation, recession, and unemployment, fiscal and monetary policies, 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.


None; however it is recommended that students are comfortable with grade school level thirteen math. 


Valencia Student Core Competencies:




The Valencia Student Core Competencies (Think, Value, Act, and Communicate) are an established component of the College’s curriculum development and review process.  A detailed overview can be found in the current Valencia Catalog or on the Valencia Website




LifeMap is Valencia’s name for the system of services and programs designed to help students define and meet their life, career and educational goals.  LifeMap is your guide for figuring out “what you need to do when,” in order to achieve your goals.  The LifeMap handbook is laid out to guide you through the process of achieving those goals in a timely manner.  Every student should have a student handbook. 
















(Goals Continued)




Attendance Policy















Cell Phones and

Electronic Devices










Withdrawal Deadline:














(Withdrawal Deadline




Economics is the study of choices made by people faced with scarce resources.  Because resources are scarce, every decision that you have made or will ever make in life involves economics.  Economics is known as the dismal science because this problem of scarcity cannot be permanently solved.   Economics is both a practical and an academic discipline.  As a result, economic theories are affected by changes in world economic trends as well as by advances in economic research.  In this course, students will acquire an understanding of several macroeconomic theories by examining how the

economy functions.  Learning to analyze problems and make decisions is a major theme throughout the course. 


What you learn in this course will help you to make informed decisions in your role as voters, consumers, workers and citizens.


Class attendance is critical to understanding the material and adding value to the classroom. A daily roll will be called.  Please note that the students arriving late to class or leaving before class is dismissed will be counted as absent and lose participation points. Moreover, disruptions in class that come from students arriving late or leaving early will not be tolerated. If you are late twice that will also be equal to an absence. Students are responsible for all class materials and any announcements made in class whether or not they are present. More than two absences will be considered as excessive and will negatively impact your grade.  Please be aware of the Valencia Community College policy regarding excessive absences.


Students are required to turn off all cell phones and

electronic devices when you enter the class, and during

 examinations. If there is an emergency situation

warranting the use of a cell phone or pager during class

time, the student must notify the instructor at the

beginning of class. During a testing situation, if a cell

phone or pager vibrates or is audible, the student’s

quiz, test, or examination will be collected and the

student may be asked to leave without an option for



March 8th 2019

Per Valencia Policy 4-07 (Academic Progress, Course Attendance and Grades, and Withdrawals), a student who withdraws from class before the withdrawal deadline of March 8th 2019) will receive a grade of “W.”  A student is not permitted to withdraw after the withdrawal deadline.  Students who stay in the class after this deadline are responsible to complete all work required for the course; e.g., homework, projects, tests, etc.  If you choose to stop coming to the class after the withdrawal deadline, you will be held responsible for all work missed, including the final. Any work that is not completed by the appropriate deadline will receive a zero.


Hence, the final grade for the course will be determined by taking into consideration the percentages obtained by work that was turned in and the zeros given to work which was not turned in on time.  Students can still be withdrawn by the college for violations of the college’s code of conduct policies.  Any student who withdraws or is withdrawn from a class during a third or subsequent attempt in the same course will be assigned a grade of “F.”  For a complete policy and procedure overview on Valencia Policy 4-07 please go to:  The Drop/Refund deadline is February 4, 2019.




Academic Integrity and Student Code of Classroom (Online) Conduct

























Any student found guilty of academic dishonesty or cheating in academic work shall be subject to disciplinary action.


>>>policy home—policies and procedures

(search policies and procedures):

§  Student Code of Conduct

§  Copyright Policy

§  Educational Work Products

§  Discrimination and Harassment

§  Information Technology Resources

§  Acceptable Use of Information Technology Resources

§  FERPA and Student Records

§  Student Records Procedure


All forms of academic dishonesty are prohibited at Valencia.  Academic dishonesty included, but is not limited to, plagiarism, cheating, furnishing false information, forgery, alteration or misuse of documents, misconduct during a testing situation, and misuse of identification with intent to defraud or deceive.  All work submitted is expected to consist of the student’s own individual ideas, expression, and research.  Whenever a student is using any content from another source, it must be appropriately cited.  Cheating will not be tolerated and may result in an automatic “F” in the course.




Students With Disabilities









Students with disabilities who qualify for academic accommodations must provide a Notification to Instructor (NTI) form from the Office for Students with Disabilities (OSD) and discuss specific needs with the professor, preferably during the first week of class. The Office for Students with Disabilities determines accommodations based on appropriate documentation of disabilities. Contact information: West Campus SSB, Rm. 102 Ph.: 407-582-1523 Fax: 407-582-1326.


Baycare Behavioral Student Assistance Program:



Valencia is committed to making sure all our students have a rewarding and successful college experience.  To that purpose, Valencia students can get immediate help that may assist them with psychological issues dealing with stress, anxiety, depression, adjustment difficulties, substance abuse, time management as well as relationship problems dealing with school, home, or work.  Students have access to the Baycare Behavioral Health’s confidential students assistance program through phone counseling services by calling (800) 878-5470 or via email at


In-Class Assignments/Participation Points






  • Homework problems will be assigned for each chapter and may be discussed to enhance the student’s understanding of the material.  Students should bring their textbooks to each class in order to earn participation points.
  • In-class group activities/discussions may be used to supplement participation points as time permits.
  • Class participation and morale will be based on Valencia Community College’s core competencies: Think, Value, Act, and Communicate.


Acquainting yourself with Canvas:


·         Each student will need an Internet connection to access the Canvas website.  For this course, Canvas will be used to access course materials, access homework links, submit the final copy of your research paper, and check grades.  If this is your first time using Canvas, it is advisable that you enroll in Canvas 101 for student orientation.



Exams/Makeup Exams/Testing:




















Quizzes/Extra Credit:





Research Project:




·         There will be three unit exams given during the semester and each exam will cover about 3-5 chapters.  Students will be responsible for material covered in the class lecture notes, any assigned readings, and homework.  The final exam will  include the remaining chapters covered after Unit Exam 3.

  •  ***Official test dates and sessions will be announced in class and each student will be held responsible for these announcements.***
  • Make-up unit exams will only be given in the cases of documented emergencies.  For any other situation, the responsibility will fall on the student to document any request to take a comprehensive final at the end of the course to replace any missed exams.  The grade assignment for any missed exam will be a zero.
  • The final exam is scheduled for the last day of class, Thursday, March 28th, from 7:00 p.m. --9:45 p.m.


There will be a total of four pop quizzes throughout the course.  The lowest quiz score will be dropped and each counted quiz may include an opportunity to earn extra credit points.


A research position paper will be due this semester.  Further details about the project will be given at a later date.


Final Exam Policy






To receive credit for a course for which you are registered, you must take the final examination. It is your responsibility to be present and on time. If you do not take the required final examination, you will receive a grade of “F” for the course. 









Grading Scale/Policy













The grading scale is based on the following criteria:

End of Unit Tests (3): 45% (15% each)

Final Exam:  20%

Homework:  10%

Classroom Participation: 5%

Quizzes:  10%

Research Position Paper 10%

Grade Points:

90-100 = A; 80-89 = B; 70-79 = C; 60-69 = D; Less than 60 points = F.



Student Conduct/Classroom Behavior


According to the Code of Student Conduct, as established by Valencia Community College: “…students who engage in any prohibited or unlawful acts that result in disruption of a class may be directed by the professor to leave the class.  Violation of any Valencia policies/procedures or classroom rules may lead to disciplinary action up to and including expulsion from the College.  Disciplinary action could include being withdrawn from the class, disciplinary warning, probation, suspension, expulsion, or other appropriate and authorized actions.” Valencia’s Student Code of Classroom Conduct can be found in the current Student handbook.





ECO 2013 – Spring 2019


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 plays 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 to 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.



***********Disclaimer:  The instructor reserves the right to amend or make changes in the syllabus at any time during the course.  It is the student’s responsibility to stay informed of any changes.***************************************************


Tentative Schedule of Topics Covered



Topics Covered



Jan 28-Feb 1


Class Lecture:  Limits, Alternatives, and Choices; The Market System and the Circular Flow





Feb 4-8

Class Lecture:  Demand, Supply, and Market Equilibrium; Government’s Role and Government Failure;  Exam 1 (Unit 1: Chapters 1,2, & 3)






Feb 11-15

Class Lecture: An Introduction to Macroeconomics;

Measuring Domestic Output and National Income; Economic Growth





Feb 18-22

Class Lecture:; Business Cycles, Unemployment, and Inflation; Basic Macroeconomic Relationships Exam 2 (Unit 2:  Chapters 5, 6,7,8)





Feb 25-Mar 1

Class Lecture:; Aggregate Demand and Aggregate Supply;  Fiscal Policy, Deficits, and Debt




Mar 4-8



Class Lecture:  Money, Banking, and Financial Institutions; Money Creation;  Exam 3 (Unit 3:  Chapters 9,10,12,13)


****Valencia College will be closed from March 11th until March 17th for Spring Break ****





Mar 18-22



Mar 25-29


Class Lecture:  Interest Rates and Monetary Policy; Extending the Analysis of Aggregate Supply

******Debate Presentations given in class******


Class Lecture:  :  International Trade



*************The final exam is scheduled for Thursday, March 28th, from 7:00 p.m. --9:45 p.m.**************