Econ 343 Intermediate Macroeconomics (3 Credits) Fall 2024

Asynchronous

Instructor: James Caton

Office Hours: https://ndsu.zoom.us/j/93448215337

Wednesday 5 PM

And by Appointment

Office: Barry Hall, 400C

Email: james.caton@ndsu.edu

Website: http://JamesLCaton.com

Navigating Blackboard/Achieve:

Required Texts:

Achieve Essentials for Mankiw, Macroeconomics 11e

Course Prerequisites:

ECON 201 and ECON 202

Catalog Description:

Analysis of national output, business cycles, inflation, unemployment rates, interest rates, exchange rates, impact of monetary and fiscal policies, and economic growth

Grading:

Readings 10%

Learning Curve Quizzes: 15%

Work It Out Modules 10%

Quick Quizzes 15%

Practice Quizzes 15%

Econofact Analysis 10%

End of Chapter Problems 25%

Be aware that there will be no special extra credit offered to help students to raise their grade. Only extra credit offered in this syllabus will be available during the semester.

Grades

H igher Than 90% A

Between 80% and 89.99% B

Between 70% and 79.99% C

60% and Less Than 69.99% D

Less Than 60% F

Zoom:

All class meetings will be provided asynchronously via Zoom.

Achieve:

All readings and assignments will be provided on Macmillan’s Achieve platform. The schedule of assignments is listed on Achieve and follows the general schedule that is provided in the syllabus

Assignments:

Assignments are listed throughout the course and should be approached on a weekly basis. These include:

1. Completion of ALL reading assignments

2. Learning Curve Quizzes

3. Work It Out Modules

4. Quick Quizzes

5. Post Reading Practice Quizzes

6. Econofact Analysis

7. Post Reading Homework

The first week of class also include two assignments for ensuring that your are familiar with the structure of the course and the Achieve application.

Exams:

There are no cumulative exams in this course. Comprehension of material is tested by the post reading homework.

Extra Credit:

You may attend one (1) event held by the Challey Institute for extra credit. To receive extra credit, you must sign an attendance sheet and complete a 1-page writeup (single spaced, Times New Roman 11 font, with one-inch margins) that discusses and summarizes the content of the event and considers the implications of that content. Remote attendance of the event is acceptable. Your reflection may be awarded up to 1% extra credit that will contribute to the overall class grade.

Attendance:

Students are expected to view lectures posted online.

Communication

Whenever necessary, I will email the class with announcements via blackboard. This requires that each student regularly check his or her @NDSU.edu email account. It is the student’s responsibility to activate the NDSU.edu email account and employ it in communicating with their department and university administration whenever necessary.

When you send an email to me please put ECON 343 in the title line of the email. If you do not receive a response to an email within 48 hours from me, please send a followup email.

CAFSNR Syllabus Attachment – Fall 2024

Academic Honesty

The academic community is operated on the basis of honesty, integrity, and fair play. NDSU Policy 335: Code of Academic Responsibility and Conduct applies to cases in which cheating, plagiarism, or other academic misconduct have occurred in an instructional context. Students found guilty of academic misconduct are subject to penalties, up to and possibly including suspension and/or expulsion. Student academic misconduct records are maintained by the Office of Registration and Records. Informational resources about academic honesty for students and instructional staff members can be found at www.ndsu.edu/academichonesty.

Students with special requirements

Any students with disabilities who need accommodations in this course are invited to share these concerns or requests with the instructor and contact the Center for Accessibility and Disability Resources as soon as possible.

Veterans and military personnel

Veterans or military personnel with special circumstances or who are activated are encouraged to notify the instructor as early as possible and are encouraged to provide Activation Orders.

Family Educational Rights and Privacy Act (FERPA)

Your personally identifiable information and educational records as they relate to this course are subject to FERPA.

Important Dates (Full NDSU dates/deadlines can be found here)

Aug 26 Mon Classes begin at 4:00 p.m.

Aug 27 Tue First full day of classes

Sep 2 Mon HOLIDAY — Labor Day (no classes, offices closed)

Sep 2 Mon Last day to be added to Campus Connection Wait Lists

Sep 4 Wed Last day to Add classes via Campus Connection* Permit needed after this date.

Sep 4 Wed Last day for no-record Drop of classes @ 100% refund*(full semester classes only)

Sep 4 Wed Last day to Withdraw to Zero Credits @ 100% refund*(full semester classes only)

Sep 10 Tue Financial aid applied to NDSU account balances

Sep 11 Wed Payments due for NDSU account balances

Oct 4 Fri Last day to Withdraw to Zero Credits @ 75% refund*(full semester classes only).

Oct 15 Tue Late fees applied to unpaid account balances (11:59 p.m.)

Oct 21 Mon 2nd half (8-week session) of Fall semester begins

Nov 3 Sun Last day to Withdraw to Zero Credits @ 50% refund*(full semester classes only).

No refunds issued for withdraw to zero credits after this date.

Nov 11 Mon HOLIDAY — Veterans Day Observed (no classes, offices closed)

Nov 15 Fri Last day to Drop classes with 'W' record

Nov 15 Fri Last day to Withdraw to Zero Credits for Fall

Nov 15 Fri Late fees applied to unpaid account balances (11:59 p.m.)

Nov 27-29 Wed-Fri HOLIDAY — Thanksgiving (no classes; offices closed Thurs only)

Dec 9-13 Mon-Fri Dead Week

Dec 13 Fri Last day of Fall classes

Dec 16-20 Mon-Fri Final Examinations

Dec 20 Fri Commencement ceremony

Course Schedule:

1.

Chapter 1: The Science of Macroeconomics

Chapter 2: The Data of Macroeconomics

Due: 9/1

2.

Chapter 3: National Income: Where it Comes From and Where it Goes

Due: 9/8

3.

Chapter 4: The Monetary System: What it is and How it Works

Due: 9/15

4.

Chapter 5: Inflation: Its Causes and Its Effects

Due: 9/22

5.

Chapter 6: The Open Economy

Due: 9/29

6.

Chapter 7: Unemployment and the Labor Market

Due: 10/6

7.

Chapter 8: Capital Accumulation as a Source of Growth

Due: 10/13

8.

Chapter 9: Population Growth and Technological Progress

Due: 10/20

9.

Chapter 10: Growth Empirics and Policy

Due: 10/27

10.

Chapter 11: Introduction to Economic Fluctuations

Due: 11/3

11.

Chapter 12: Aggregate Demand I: Building the IS-LM Model

Due: 11/10

12.

Chapter 13: Aggregate Demand II: Applying the IS-LM Model

Due: 11/17

13.

Chapter 14: The Open Economy Revisited: The Mundell-Fleming Model and the Exchange-Rate Regime

Due: 11/24

14.

Chapter 15: Aggregate Supply and the Short-run Tradeoff Between Inflation and Unemployment

Due: 12/1

15.

Chapter 16: A Dynamic Model of Economic Fluctuations

Due: 12/8

16.

Chapter 17: Alternative Perspectives on Stabilization Policy

*Due 12/15*