ECO2013

Principles of Macroeconomics ECO2013


Broward College Distance Learning

Nick J. Bergan, M.S. Economics


General Information Syllabus

Course title: Principles of Macroeconomics

Course number: ECO2013

Instructor Information

Instructor name: Nick J. Bergan, M.S.

Instructor office hours: by appointment or email

Instructor e-mail address: nbergan@broward.edu

Course Description

An introductory course in macroeconomic principles covering basic economic problems and concepts; Topics discussed and analyzed include the role of government in various economic systems, aggregate measures of economic performance, aspects of economic instability, macro equilibrium, fiscal and monetary policies, and the impact of both the public debt and international debt.


Course Objectives

This is an introduction to Economics and specifically, to Macroeconomics. By the end of the course, you should have a good understanding of the principles of macroeconomics. You should also be able to understand macroeconomic policy issues discussed within different media outlets. A full description of course outcomes is on hard-copy reserve in the periodicals section of the library and may also be downloaded from BCC’s web site.


Course Overview

Upon successful completion of this course, the students should be able to describe macroeconomic principles and concepts, the impact of fiscal and monetary policies, and macro-equilibrium; calculate measures of aggregate economic performance; and discuss elements of international trade.


Textbooks


The Macroeconomy Today, By: Roger LeRoy Miller, 13th Edition or 14th Edition(bookstore)

ISBN: 0-321-27899-2
Publisher: Addison-Wesley
Copyright: 2006
Format: Paper Package; 592 pp

Total Point Breakdown

Discussions 200 points

Quizzes 4 @ 100 400 points

Writing Assignment 100 points

Final Exam 300 points

Total Points Possible 1000


Principles of Microeconomics ECO2023

Course Description

An introductory course stressing microeconomic theories. Topics studied include the theory and application of supply and demand elasticity; theory of consumer demand, utility, and indifference curve analysis; the law of diminishing returns in production and the firm's profit-maximizing behaviors under market models ranging from pure competition to pure monopoly; production theory and the theory of income distribution; comparative advantage, trade policies, exchange rates, balance of payments, and other international economic issues. This is a writing credit course.

 

Course Objectives:

This is an introduction to Economics and specifically, to Microeconomics. By the end of the course, you should have a good understanding of the principles of microeconomics. You should also be able to understand microeconomic theories discussed within different media outlets. A full description of course outcomes is on hard-copy reserve in the periodicals section of the library and may also be downloaded from BCC’s web site. The content of this course has been divided into four parts: a general introduction to the basic concepts and principles of economics; an examination of the determinants of consumer behavior and the economic costs of production; a survey of optimal product pricing and output under various market models; an analysis of factors underlying the remuneration of labor as well as the other factors of production, and fundamentals of international trade theory.

 

Course Objectives:

1.0	The students should be able to calculate elasticity and apply the concept in various demand and supply situations.
2.0	The students should be able to describe the analytical basis of consumer behavior in using goods and services.
3.0	The students should be able to determine the theoretical optimum behavior of the firm as it seeks to maximize total profit in various market models ranging across the competitive spectrum, from pure competition to pure monopoly.
4.0	The students should be able to describe the basic production theory, the marginal productivity theory of income distribution, and the relationship of the latter to theories of rent, wages, interest, and profit.
5.0	The students should be able to describe the theories and problems of international trade, as well as the history and present status of the international payment system.

 

 

Unit Titles

1. Introduction to the Price System
2. Product Market Basics
3. Product Markets
4. Resource Markets
5. Issues in International Trade and Finance

 

 

Textbooks

 

Economics Today: The Micro View

By: Roger LeRoy Miller

Any edition(make sure to match the titles with course)

ISBN-10: 0321425065
ISBN-13: 9780321425065

Personal Finance: FIN1100

Course Description:

This course provides a survey of the areas of personal economic problems with which all individuals must contend. Course content guides each person towards receiving favorable results in the following areas: buying on credit, borrowing money, using bank services, and investing savings; selecting from various types of insurance coverage; home ownership vs. renting; obtaining investment information, investing in stocks and bonds; income taxes; Social Security; Medicare, retirement planning and annuities; and estate planning, wills, and trusts. Textbook: Personal Finance Authors: Rachel Siegel and Carol Yacht. C. 2013, Flatworld Knowledge Money and Banking: ECO2220 Course Description: An introductory course in macroeconomic principles covering basic economic problems and concepts. Topics discussed and analyzed include basic economic problems of unemployment and inflation. Students will recognize the role of households, businesses and governments in the market economy and in their own lives. This is a writing credit course.