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MSJC > Dan Pynn > Macro Economics 201

Macro Economics 201


ECONOMICS  11th Edition

The Communist Manifesto
By: Karl Marx




This course covers the basic theories, concepts, terminology, and uses of macroeconomics. Emphasis is placed on Classical and Keynesian theories, Federal Reserve System,  and how institutions achieve domestic and international economic goals using monetary and fiscal policies. Concentrates on aggregate supply and demand, economic fluctuations, money and banking, national income and expenditure, employment, inflation, output, economic stability and growth. Other topics covered include international trade and finance, globalization and international impacts on economies.


Upon the completion of this course, Learners will be able to demonstrate the following:


  1. Explain the basic principles of economic analysis.
  2. Describe and apply economic concepts.
  3. Construct and analyze different economic models.
  4. Compare and contrast economic theories and polices.
  5. Predict, evaluate, and interpret sources economic data using charts, figures, financial statements, graphs, and numerical data for analyzing economic trends domestically and internationally.
  6. Differentiate and appraise a variety of fiscal and monetary policies and their application to the areas of economic stability and instability for domestic and global economies.
  7. Explain the basic functions of the Federal Reserve, money and banking, and its impact on the domestic and global economies
  8. Evaluate globalization and its impacts on economies.
  9. Calculate, compare, and assess different macroeconomic measurements.
  10. Explain the basic functions of globalization and international trade and finance.


The listed course objectives cover a broad scope of economic knowledge and skills which a Learner is expected to gain from the course. Achievement of these course objectives will be accomplished through ______________________________________________________. Whereas, course learning outcomes (CLOs) specify mastery of essential economic knowledge and skills.


Fill-in the blank with course assessment activities that you use to  accomplish the course objectives. For example, in-class activities, problem based learning scenarios, problem sets, videos, quizzes, course assignments, exams, etc.


Course learning outcomes (CLOs) cover specific economic knowledge and skills which a Learner is expected to master. Learners will be assessed periodically for specific mastery of essential economic knowledge and competency.



  1. Chapters 1 thru 8, then the mid-term
  2. Chapters 8 thru 17, then the final exam

*there will be review notes for each chapter, these should be used for course review.


Chapter Question Sets​ ​25%
Mid-term Exam 25%
Final Exam 25%
Term Paper 10%
Home work and extra credit 10%
Karl Marx Book Report 5%
90% to 100% A
80% to 90% B
70% to 80% C
60% to 70% D
59% or below



You are expected to attend all class meetings and be on time for class. If you need to drop this course, it is your responsibility to do so. Failure to officially drop this class, will result in receiving a undesirable grade. You may pick up and submit a drop form from admissions and records.

If you registered late, it is your responsibility to officially add the course by submitting an add / reinstate form to the admissions and records office. Failure to submit the proper form may result in no grade or credit for the course. Please check to see if your name is on the permanent roster by the fourth week.


Any student who plagiarizes material, or who is otherwise found to be cheating, will have all such material assigned zero points, and will be referred to the Dean for administrative action.


All late assignments must be turned in by the date assigned in class, unless you make special arrangements with me. Please note: if you turn in assignments outside of the normal class time, it is your responsibility to get the paper to me.


Mt. San Jacinto College abides by the Americans with Disabilities Act and Section 504 of the Rehabilitation Act of 1973 that prohibits federal and state agencies or programs from discriminating against qualified  individuals with disabilities.  Students in this course who have a documented disability that limits a major life activity which may have some impact on your work in this class and for which you may require accommodations should meet with a counselor in Disabled Student Services and Programs (DSP&S) as soon as possible.