- Required Textbook: Macroeconomic
by Campbell R. McConnell, Brue, and Flynn, 19th
edition, McGraw-Hill, 2012 (Be sure to get the
- Required Online Videos: Tomlinson Videos
- Required Yellow Pages, (Free, distributed in
class and available on our Blackboard site)
- Useful NEW! Mac Web App: An app for your cell
phone or tablet
- Recommended Textbook Study Guide: Study
Guide For Macroeconomics, McConnell/Brue/Walstad,
19th edition, McGraw-Hill, 2012
[The options and prices below are not guaranteed by
your instructor. They are provided only to give students
information on some of the options available. Students
should verify the information before purchasing.]
Macroeconomic by Campbell R.
McConnell, Brue, and Flynn, 19th edition,
Just the textbook. No textbook access codes.
No "Connect". NOTE: be sure to get the
19th edition even though there is
a 20th edition available
- ISBN: 9780077337728
- Used textbooks can be bought online for
less than $30
- Textbooks can also be bought or rented at
the Harper College Bookstore (L
building) or online at: http://www.harperstore.com
Tomlinson Videos on
BUYING the Tomlinson Videos on
(Once you log in to the Thinkwell class
site click on the "Chapter Checklist"
link for a list of the videos by their
- Go to: http://www.thinkwell.com
- Click on "Register" in the upper right
- In the "Classroom and Distance Learning"
area use the pull-down menu to select your
- Use the pull-down menu to select your
school: "Harper College"
- Use the pull-down menu to select your
- Click on
- Then click on Checkout
to purchase for $49.
- Follow the instructions to enter the
- Next time you go to Thinkwell.com click
on the "Sign In" button to enter your
username and Password.
USING the Tomlinson Videos on
LOGIN is a link to sign into the
Tomlinson video lectures that you must
purchase online. Assigned video lectures are
listed on the LESSONS
page with a numbering system that looks like:
1.1.1, 1.1-2, 2.1.1, etc.
- Once you log in to the Thinkwell class
site click on the "Chapter Checklist"
link for a list of the videos by their
- Note that each video can be watched FULL
- Also, for each video you will have access
to a "Thinkwell Excercise" of from six to
fifteen multiple choice review questions, as
well as Video Transcripts. The exercises are
Finally, you will want to have the VIDEO
NOTES handy when you are watching the
The Yellow Pages are packet of worksheets. We
will do many of the graphing exercises in class
and some of the Quick Quizzes. You will not get
points for doing them, but I think you will find
them very useful while you prepare for the
quizzes and exams.
The Yellow Pages are available to you for
free in class or on our Blackboard site. Answers
to the Yellow Pages are also available on
Blackboard. Make sure you CHECK YOUR
MAC WEB APP: [under construdction -
not all functions may be working]
On your cell phone or tablet go to: http://www.harpercollege.edu/mhealy/eco212/macwebapp/macwebapp.htm,
then click on the link at the bottom to put an
icon to the app on your device screen. Please
put an icon to the app on your device so that
you have quick access. Without the icon you will
most likely not use the app. The app will also
work on any computer.
The app is not designed to replace your
textbook, computer, or paper and pencil. To
learn the class material you will have to read
the textbook, watch the Tomlinson video
lectures, and DO PROBLEMS. When doing problems
you will need to use pencil and paper.
The app is designed to allow you to to do a
quick review after you have
studied the material.
The app is organized according our
twenty-five lessons. For each lesson you will
usually find a quick introduction, an
interesting topic, the reading and video
assignments, key term flachcards, a quick review
quiz, key graphs, and YouTube review videos.
Study Guide For Macroeconomics,
McConnell/Brue/Walstad, 19th edition,
- For various online
sources (often quite cheap) click
and scroll down.
- The Study Guide can be bought at the
Harper College Bookstore (L building)
or online at: http://www.harperstore.com
- ISBN 9780077337964
- Cost about $65 new, $40 used, plus
- The Study Guide is also available in
an online version for only $15:
- To Purchase:
- Click on "I am a Student"
- Then, in the right column you can buy
the online version of the Study Guide by
- A PRINTED STUDY GUIDE can be
bought online for less than
Almost every day we hear news reports
of economic problems and successes from around
the world. All over the world, countries are
undertaking economic reforms (often called
GLOBALIZATION or STRUCTURAL ADJUSTMENT POLICIES)
that their leaders believe will provide their
citizens with lower unemployment and higher
This course will cover the area of economics
commonly defined as macroeconomics. The
main goal of macroeconomics is to gain a better
understanding of the causes of, and remedies
for, UNEMPLOYMENT and INFLATION, as well as the
factors that affect ECONOMIC GROWTH
(unemployment, inflation, and economic
We will study these macroeconomic issues in
an international context to try to understand
the economic reforms many countries are
For more information see: The
5Es of Economics
All students must log-in to our Blackboard
website, study the syllabus, and take the required
5-point, online, "Syllabus Quiz".
Always use the the Firefox browser when using
- Go to http://harper.blackboard.com
- Follow the instructions to "log-in",
- You should see "ECO 212-003 - MACROECONOMICS (Fall
2016)" in the "My Courses" box. If you do not please
e-mail the instructor:
When e-mailing your instructor always put
"ECO 212" and a message in the subject line. Please
use proper spelling, punctuation, and grammar.
Option to Forward Mail from your Harper E-mail
If you are not planning on using your Harper email
account, you can find instructions on how to forward
email from that account to one you check frequently by
logging in to the Harper Student Portal and clicking on
the "My Harper E-Mail" tab. All correspondence in this
class will be sent to your harper e-mail account. All
correspondence in this class will be sent to your Harper
The final grade for the class will be awarded
according to the following point system. Changes may
be made to this grading policy. All changes will be
announced in class and posted on Blackboard.
Letter grades will be awarded as follows:
Number and Points
Approximate % of Total
1 syllabus quiz
24 @ 2 points each.
16 @ 1 point each
3 @ 10 points each.
3 comprehensive unit exams
Unit 1: 40 points
Unit 2: 45 points
Unit 3: 50 points
Comprehensive Final Exam
80 multiple choice questions,
TOTAL: 314 POINTS
90%=A, 80%=B, 70%=C, 60%=D, below 60%=F
Syllabus Quiz (5 points): The
syllabus quiz will be taken online via our class
Blackboard site. It can be taken as many times as you
wish. See schedule. Only the
highest score will count.
Prequizzes (2 points each day of class):
BEFORE CLASS a short quiz must be taken that will cover
the material in the assigned video lectures and textbook
readings. Some prequizzes can be taken three
times, some can only be taken twice. All
prequizzes must be finished by 7:30 the morning of the
lesson. After that they will no longer be available. Once
you have completed a prequiz and when it is no longer
available you can still access your results by going to
MY GRADES on Blackboard and clicking on your score. This
could be helpful when studying for exams.
Required Activity (1 point for each
chapter): The "Required Activities" are to be taken on
Blackboard after we have competed each chapter. They
usually consist of about 20 multiple choice questions.
They can be taken as many times as you wish and only the
highest score will count. Required activities for each
unit should be finished BEFORE the unit exam. In order
to be allowed to take a unit exam retake (see below), you
must have finished all the unit's required activities
BEFORE the unit exam.
Papers (3 at 10 points each) Papers can
be rewritten for full credit with the following
- original papers must be turned in by the due date
to earn the chance to be rewritten. Papers turned in
late cannot be rewritten. Please note that papers are
either graded as an "1" or an "10", so the chance to
rewrite the paper is important.
- No rewrites can be handed in later than the 6th
class period from the date the original is handed
back. NOTE: the paper3 must be handed in BEFORE the
- You must hand in all earlier drafts with each
For more information see PAPERS.
Exams (NOTE: All exams are
- Comprehensive Unit Exams (135
points): There will be three in-class unit exams. The
unit 1 exam will consist of 40 multiple choice
questions and a three point extra credit essay
question. The exam for unit 2 will have 45 questions
(40 from unit 2 and 5 from unit 1) and a three point
extra credit question. The exam for unit 3 will have
50 questions (40 from unit 3 and 10 from units 1 and
2) and a three point extra credit essay question. The
exams are NOT open book, NOT open notes, and you can
NOT bring in a sheet of notes or formulas.
- Comprehensive Retake Exams The unit
exams will have an OPTIONAL RETAKE EXAM for those who
want to study harder and improve their grades. In
order to be allowed to take the retake, you must have
finished all the unit's Required Activities (see link
on Blackboard) BEFORE the unit exam. The number of
questions will be the same as the unit exams. They
will be comprehensive and they will have a three-point
extra gredit short answer question.
- Comprehensive Final Exam (80
points): A final exam consisting of 80 multiple choice
questions will be given during final exam week. The
final exam will cover material from all four
Prequizzes are worth 2 points a day (total 48
points or approximately 15% of the total grade). These
must be completed before 7:30 a.m. on the day of
class. No make-ups are allowed. "Stuff"
happens. GET AHEAD! Some prequizzes can be taken only
twice and some can be taken three times.
If a student must miss taking an exam at the
scheduled time taking the retake exam is their only
option. They may be allowed to take the RETAKE exam
1. the instructor is notified
BEFORE the scheduled exam time AND
2. the student has a very good reason to miss the
exam at the scheduled time.
These can be taken as many times as
necessary. Only the highest score will count.
- If the papers are handed in by their due dates
then they can be re-written as many times as
necessary until the final due date.
- No rewrites can be handed in later than the final
due date which is usually the 6th class period from
the date the original is handed back. See paper final
re-write due dates on our class schedule.
- If a paper is handed in late (after the original
due date) then no rewrites will be allowed, but
the paper can still be handed in before the final
rewrite due date. Remember, papers are either graded
an "F" (1-3 points) or an "A" (10 points). Hand
your papers in on time!
IN THE GLOBAL ECONOMY
IMPORTANT: For exact reading assignments see:
We may not read the whole chapter or a "chapter" may
include pages from other chapters, so always check the
page before reading
UNIT 1 - WHAT IS ECONOMICS and
Introduction to Efficiency and to the
Study of Economics
The Role of Government in the Global
Efficiency and Markets: Supply and
Efficiency, Specialization, and Exchange
UNIT 2 - INTRODUCTION TO MACROECONOMICS
* Chapter 22W is online
A Model of the Macro Economy: AS and
An Introduction to Macroeconomics
Business Cycles: Unemployment and
Measuring Domestic Output
Ch. 22 W*
The Economics of Developing Economies
UNIT 3- -MACROECONOMIC POLICY
The Money Market
How Banks Create Money
The Spending Multiplier
NOTE: This outline may be changed. All changes
will be posted on the Blackboard announcements, announced
in class, and sent via e-mail.
Class attendance is strongly recommended, but
not required. Former students have indicated that the
material covered in class is very helpful at the time of
HOW TO PASS ECONOMICS
This is a difficult course! There is an old rule
of thumb concerning studying for college courses: on
average students should study TWO hours for every ONE
hour of class. This is an average, which means some
courses require more study time and some less. You may
find that economics requires MORE.
The following suggestions should help you learn
- GET AHEAD!. There will be assignments for each day
of class. You should try to be at least one to two
days (one week) ahead. See the LESSONS
and the SCHEDULE.
- STUDY This is a difficult course! There is an old
rule of thumb concerning studying for college courses:
on average students should study TWO hours for every
ONE hour of class. Since this is a 3 credit-hour
course you should plan to study microeconomics 6 hours
per week. This is an average, which means some courses
require more study time and some less. You may find
that economics requires more.
- BEFORE CLASS EACH DAY: (a) watch the video
lectures, (b) read the assigned readings, and (c) take
the prequiz. See LESSONS
for the daily assignments.
- READ THE BOOK! Passive reading of the textbook is
not very helpful. Read with a pen in your hand and a
notebook on which to list, repeat, copy, calculate,
etc. ALSO, pay close attention to the TABLES and
GRAPHS. THEY ARE IMPORTANT. Many students do
not read the textbook and many students fail the class
or withdraw. I believe the two are related.
- WATCH THE VIDEOS! Passive watching of the video
lectures is not very helpful either. Most of the
Tomlinson videos have an online review quiz
(Thinkwell Exercise), transcripts, and lecture notes.
Use them. Also, I have watched each of the assigned
video lectures and taken my own notes. These VIDEO
NOTES are available on our Blackboard site. Once
you log in to the Thinkwell class site click on the
"Chapter Checklist" link for a list of the
videos by their number. Many students do not
watch and many students fail the class or withdraw. I
believe the two are related. Students have told me
that the videos are VERY HELPFUL. If you want a good
grade then watch the videos.
- ATTEND CLASS Come to class each day and come
prepared to work. You will get a lot of your studying
done during class. Please don't be late. NO CELL
PHONES can be used in class.
- DO PROBLEMS. If you don't do the problems you will
do poorly on the quizzes and exams.
Many are available on our Blackboard site. Begin with
the REQUIRED ACTIVITIES (since you earn points
for doing them) and the YELLOW PAGES. Then, do
other exercises that can be found in the PRACTICE
EXERCISES section of the Blackboard menu. Also,
there are review quizzes (THINKWELL EXERCISES) for
most of the online video lectures (VIDEO
- GET HELP
- See the instructor duing office
hours.. This should be done EARLY in the
- Or, ask questions in class and on the
Blackboard Discussion Board.
- The Tutoring Center also offers help.
- You may also want to make use of SUCCESS
SERVICES FOR STUDENTS AT HARPER COLLEGE (see
- APPLY the concepts learned in class to the "real
world" including issues in the news and aspects of
your personal life.
LEARN TO STUDY SMARTER: SUCCESS SERVICES FOR STUDENTS AT
Make the most of your college experience this
fall by visiting Success Services for Students. Be aware
of your academic needs and work to effectively change
behaviors to improve academic success. Schedule an
appointment for one of the following free sessions: Study
Skills, Test Taking Tips, Time Management, Memory,
Motivation, Test Anxiety, Reading Strategies, Math
Strategies, Note Taking Skills, Concentration, Study
Behavior Inventory, Learning Styles, Test Performance
Analysis, Accounting Tips, Economics Tips, Preparing for
Finals, and Online Study Tips.
Stop by our new location in D-202, call 847.925.6715
or email firstname.lastname@example.org to schedule an
appointment. See: http://www.harpercollege.edu/academicsupport
DAILY SCHEDULE OF LESSONS
12/5 - Exam 3
- last day for paper 3 rewrite
12/12- Final Exam -
- 1:45-3:30 J253
Optional Exam 3 retake:
Optional Exam 3 retake:
1:45-3:30 J253 -
LAST DAY TO DROP THE CLASS: Sunday, 11/20
- Paper 1 - Supply and Demand - Wed.,
Last day for rewrites: 10/17
- Paper 2 - Agg. Demand and Agg. Supply -
Last day for rewrites: 11/14
- Paper 3 - Monetary Policy - Wed.,
Last day for rewrites: 12/7
For more information on the papers see:
Prequizzes: Due EVERYDAY (except exam and
review days) by 7:30 am.
- Syllabus Quiz, on, or before, Wed.,
- Exam 1: Mon., 10/3
- Exam 2: Wed., 11/2
- Exam 3: Mon., 12/5
- Final Exam: Mon., 12/12
1:45-3:30 in room J-253