Syllabus

Post Baccalaureate in Pre-Health

ECON 1011: Macroeconomics – 8w Accelerated 2023 Fall 2

Credits -

Description

This course introduces students to macroeconomics, the study of the economy as a whole. Students will learn about the key macroeconomic indicators of GDP, unemployment, and inflation, and then apply these concepts to analyze economic behavior. The topics covered in this course include choice and scarcity; supply, demand, and its applications; GDP and economic growth; unemployment and inflation; the aggregate demand-aggregate supply model; Keynesian economics and Neoclassical economics; fiscal policy; money and banking; monetary policy; policy applications; globalization and trade; exchange rates and international finance; and Inequality, Poverty and Discrimination.

Materials

Required Textbook

Macroeconomics

This is an open access textbook available online at no cost.

Resources

A UNE compliant external camera to be used during proctored exams. For example: webcam 

Learning Objectives and Outcomes

Course Outcomes

Upon completion of this course, students should be able to:

  1. Explain the role of scarcity, specialization, opportunity costs in economic decision-making.
  2. Identify the determinants of supply and demand and demonstrate the impact of shifts in both market supply and demand curves on equilibrium price and quantity.
  3. Define GDP, economic growth, and identify sources of economic growth.
  4. Describe unemployment rate and inflation rate and use them to analyze the economy in quantitative terms.
  5. Construct the aggregate demand and aggregate supply model of the macro economy and use it to illustrate macroeconomic problems.
  6. Describe aggregate demand in Keynesian analysis and policy implications of the Neoclassical perspective.
  7. Define money and money supply; describe the process of money creation by the banking system, and analyze the role of money, credit, and Federal Reserve.
  8. Apply the principle of comparative advantage to international trade and evaluate the impact of exchange rates to domestic economic activity.
  9. Analyze government spending, taxation and fiscal policy, and the impact of government borrowing.
  10. Analyze fiscal and monetary policy decisions to counter business cycles fluctuations by using macroeconomic models.
  11. Describe absolute and comparative advantage and analyze the effects of barriers to international trade.
  12. Describe protectionism, and analyze international trade and its effects on jobs, wages and working conditions, and the tradeoffs of trade policy.
  13. Define Inequality, poverty and discrimination and explain their patterns in the U.S.

Assignments

FINAL EXAM

The final exam account for 30% of your grade and is designed to review important concepts found in the module materials.

The final exam will be timed and proctored. The University of New England has contracted with ProctorU to provide students with the most convenient online exam proctoring system. Upon enrollment into the course, you will register with ProctorU and establish a login name and password. This will give you access to all of ProctorU’s services.

When you’re ready, you will schedule your exam time with ProctorU at least 72 hours prior to taking the exam. Please refer to the full requirements for proctored exams in the Policies section below. You must purchase a UNE Compliant External Webcam to take your proctored examinations. Remember to order your webcam at least three weeks prior to scheduling your first proctored exam.

The exams are closed book, closed notes, and no additional resources may be used during the exam session. 

This will be a cumulative exam.  Two attempts will be available for this exam. 

KNOWLEDGE CHECKS – PRACTICE QUIZZES
The 15 module quizzes should help evaluate your performance and readiness to take the final exam. Quizzes are assigned for every module covered in the course.  You will have 90 minutes to complete a quiz.

WORKSHEETS – ASSIGNMENTS

For each of modules 1-14, there will be a worksheet. It is recommended that for each module, you read any associated material posted until you are confident in your understanding of the material and then attempt the assigned worksheet. 

DISCUSSION BOARD POSTS

There will be five discussion board posts. You are required to create a new thread with a response to the question posted in the Forum Description. Once you create your thread, you will be able to view other threads in the forum by your classmates. You are then required to post a response to at least two of your classmates’ threads. 

Grading Policy

Your grade in this course will be determined by the following criteria:

Grade Breakdown

ASSIGNMENTSGRADE WEIGHT
Discussions12%
Quizzes30%
Assignements28%
Final Exam30%
Toal100%

Grade Scale

Grade Points Grade Point Average (GPA)
A 94 – 100% 4.00
A- 90 – 93% 3.75
B+ 87 – 89% 3.50
B 84 – 86% 3.00
B- 80 – 83% 2.75
C+ 77 – 79% 2.50
C 74 – 76% 2.00
C- 70 – 73% 1.75
D 64 – 69% 1.00
F 00 – 63% 0.00

Schedule

Course Schedule

Week 1: Nov 1 – Nov 7
Week 2: Nov 8 – Nov 14
Week 3: Nov 15 – Nov 21
Week 4: Nov 22 – Nov 28
Week 5: Nov 29 – Dec 5
Week 6: Dec 6 – Dec 12
Week 7: Dec 13 – Dec 19
Week 8: Dec 20 – Dec 26

 

    Assignments Due Dates
Week 1
  • Why Study Economics
  • Economic Way of Thinking

Modules 1-2 Quizzes

Modules 1-2 Assignments

Week 1 Discussion 

Initial Discussion Posts: 11:59 PM EST on SUNDAY

Response Discussion Posts, Assignments, and Quizzes: 11:59 PM EST on TUESDAY

 

Week 2
  • Supply and Demand
  • Applications of Supply and Demand
  •  

Modules 3-4 Quizzes

Modules 3-4 Assignments

Week 2 Discussion 

Initial Discussion Posts: 11:59 PM EST on SUNDAY

Response Discussion Posts, Assignments, and Quizzes: 11:59 PM EST on TUESDAY

 

Week 3
  • GDP and Economic Growth
  • Unemployment and Inflation

Modules 5-6 Quizzes

Modules 5-6 Assignments

Week 3 Discussion 

Initial Discussion Posts: 11:59 PM EST on SUNDAY

Response Discussion Posts, Assignments, and Quizzes: 11:59 PM EST on TUESDAY

 

Week 4
  • Aggregate Demand and Aggregate Supply
  • Keynesian and Neoclassical Perspective

Modules 7-8 Quizzes

Modules 7-8 Assignments

 

Assignments, and Quizzes: 11:59 PM EST on SUNDAY

Week 5
  • Money and Banking
  • Monetary Policy

Modules 9-10 Quizzes

Modules 9-10 Assignments

Week 5 Discussion 

Initial Discussion Posts: 11:59 PM EST on SUNDAY

Response Discussion Posts, Assignments, and Quizzes: 11:59 PM EST on TUESDAY

Week 6
  • Exchange rates and International Capital Flows
  • Fiscal Policy

Modules 11-12 Quizzes

Modules 11-12 Assignments

 

Assignments, and Quizzes: 11:59 PM EST on TUESDAY

 

Week 7

 

  • Macroeconomic Policy around the world
  • International Trade and Globalization
  • Inequality, Poverty, and Discrimination

Modules 13-15Quizzes

Modules 13-15 Assignments

Week 7 Discussion

Initial Discussion Posts: 11:59 PM EST on SUNDAY

Response Discussion Posts, Assignments, and Quizzes: 11:59 PM EST on TUESDAY

 

Week 8  FINAL EXAM WEEK Final Exam Due 11:59 PM EST on TUESDAY

 

Student Resources

Online Student Support

Your Student Support Specialist is a resource for you. Please don't hesitate to contact them for assistance, including, but not limited to course planning, current problems or issues in a course, technology concerns, or personal emergencies. Questions? Email: prehealth@une.edu.

Online Peer Support

Togetherall is a 24/7 communication and emotional support platform monitored by trained clinicians. It’s a safe place online to get things off your chest, have conversations, express yourself creatively, and learn how to manage your mental health. If sharing isn’t your thing, Togetherall has other tools and courses to help you look after yourself with plenty of resources to explore. Whether you’re struggling to cope, feeling low, or just need a place to talk, Togetherall can help you explore your feelings in a safe supportive environment. You can join Togetherall using your UNE email address.

Instructor and Support Contact Information

Check Brightspace for specific instructor and support specialist contact information.

UNE Libraries

Further Assistance

Your student service advisor monitors course progression and provides assistance or guidance when needed. They can assist questions regarding ordering course materials, University policies, billing, navigating the course in Brightspace, and more.

Accommodations

Any student who would like to request, or ask any questions regarding, academic adjustments or accommodations must contact the Student Access Center at (207) 221-4438 or pcstudentaccess@une.edu. Student Access Center staff will evaluate the student's documentation and determine eligibility of accommodation(s) through the Student Access Center registration procedure.

Online Peer Support

Togetherall is a 24/7 communication and emotional support platform monitored by trained clinicians. It’s a safe place online to get things off your chest, have conversations, express yourself creatively, and learn how to manage your mental health. If sharing isn’t your thing, Togetherall has other tools and courses to help you look after yourself with plenty of resources to explore. Whether you’re struggling to cope, feeling low, or just need a place to talk, Togetherall can help you explore your feelings in a safe supportive environment. You can join Togetherall using your UNE email address.

Information Technology Services (ITS)

Students should notify their Student Support Specialist and instructor in the event of a problem relating to a course. This notification should occur promptly and proactively to support timely resolution.

ITS Contact: Toll-Free Help Desk 24 hours/7 days per week at 1-877-518-4673.

Career Ready Program

The College of Professional Studies supports its online students and alumni in their career journey!

The Career Ready Program provides tools and resources to help students explore and hone in on their career goals, search for jobs, create and improve professional documents, build professional network, learn interview skills, grow as a professional, and more. Come back often, at any time, as you move through your journey from career readiness as a student to career growth, satisfaction, and success as alumni.

Online Student Support

Your Student Support Specialist is a resource for you. Please don't hesitate to contact them for assistance, including, but not limited to course planning, current problems or issues in a course, technology concerns, or personal emergencies. Questions? Email: prehealth@une.edu.

Online Peer Support

Togetherall is a 24/7 communication and emotional support platform monitored by trained clinicians. It’s a safe place online to get things off your chest, have conversations, express yourself creatively, and learn how to manage your mental health. If sharing isn’t your thing, Togetherall has other tools and courses to help you look after yourself with plenty of resources to explore. Whether you’re struggling to cope, feeling low, or just need a place to talk, Togetherall can help you explore your feelings in a safe supportive environment. You can join Togetherall using your UNE email address.

Instructor and Support Contact Information

Check Brightspace for specific instructor and support specialist contact information.

UNE Libraries

Further Assistance

Your student service advisor monitors course progression and provides assistance or guidance when needed. They can assist questions regarding ordering course materials, University policies, billing, navigating the course in Brightspace, and more.

Policies

Proctored Examinations

The University of New England has contracted with ProctorU to provide students with the most convenient online exam proctoring system. This system provides a simple, no cost to the student, secure, online proctor for exams and allows the student to take all the exams at home and on their own schedule.

Upon enrollment into the course, each student will register with ProctorU and establish a login name and password. This will give the student access to all of ProctorU's services. When ready, students will schedule each of their proctored exams with ProctorU. Exams must be scheduled at least 72 hours in advance to avoid fees. Prior to taking their exams, students must be sure that they have downloaded the ProctorU Chrome or Firefox extension and are using the most current version of Chrome or Firefox. They must also be sure their testing site's connection meets the minimum requirements by using ProctorU's "Test It Out" utility.

Upon the exam day and hour, students will log in to ProctorU and click on "exams". After following the procedures outlined at ProctorU's website, the student will log in to Brightspace and locate their correct exam. The proctor will then allow student access to that exam.

Students must use ProctorU and must follow all proctoring requirements for their exams to be credited.

Proctored exams are not available for review at any time. You will not be able to see the questions, nor the answers you've given, after completing the exams. Please contact your instructor for specific feedback.

Course Discussions

Discussion board assignments cover interesting current events or materials related to this course that contribute to a deeper understanding of key concepts and allow you to interact with your classmates and the instructor. Each assignment may require you to conduct internet research, read additional materials (a short journal or magazine article), visit a specific webpage, AND/OR view a short video prior to writing a response following the specific guidelines in the assignment.

To earn full credit: you will need to post a response to the discussion topic, respond to the original posts of at least two other students, and then contribute meaningfully to an ongoing discussion. You will need to post your initial response before you will see any posts from your classmates. Please keep in mind that only this initial response is included in your assignment grade, so make sure you have followed all of the guidelines and written a complete response prior to submitting the post. For special cases where one or two students are accelerating faster through the course, the instructor will participate in the discussion so that everyone has the opportunity to interact.

Please see Brightspace for a full description, along with specific guidelines, for each assignment. Discussion board assignments should be completed, along with all other assignments in the course, in the order that they appear. Due to the course design, you may be unable to take a proctored exam if you do not complete all assignments that appear prior to that exam.

Please also refer to the Grading Policy/Grade Breakdown section of the syllabus to learn the percentage of your grade that each discussion board assignment is worth.

Technology Requirements

Please review the technical requirements for UNE Online Programs: Technical Requirements

Course Length

A schedule of lectures and assignments is included in this syllabus. This is, however a self-paced course and you can complete the course in less time.

  1. Courses in the SPHP program are equivalent to one-semester courses designed to be completed in 16 weeks
  2. Enrollment in the course begins the day your section opens which is listed in the Academic Calendar found on the Student Success Portal.
  3. Course start and end dates are in respect to Eastern Time.

Withdrawal and Refund Policies

Please visit the enrollment page to review the withdrawal and refund policies.

Grade Policy

Students are expected to attempt and complete all graded assignments and proctored exams by the end date of the course. View the incomplete grade policy..

Transcripts

Due to the Family Educational Rights and Privacy Act, only the student may request official transcripts. This may be done online by going to the University of New England Registrar website and following the directions on the page.

To view your unofficial UNE student transcript:

  1. Log into uonline at http://uonline.une.edu
  2. Select Student Services
  3. Select Student Records
  4. Select Academic Transcript

To request your official UNE student transcript:

Please review your Unofficial Transcript prior to requesting an Official Transcript.

  1. Log into uonline at http://uonline.une.edu
  2. Select Student Services
  3. Select Student Records
  4. Select Request Printed/Official Transcript
  5. Follow the prompts

After you click Submit Request, your official transcript will be put into the queue to be printed in the Registrar's Office.

Academic Integrity

The University of New England values academic integrity in all aspects of the educational experience. Academic dishonesty in any form undermines this standard and devalues the original contributions of others. It is the responsibility of all members of the University community to actively uphold the integrity of the academy; failure to act, for any reason, is not acceptable.

Academic dishonesty includes, but is not limited to the following:

  1. Cheating, copying, or the offering or receiving of unauthorized assistance or information.
  2. Fabrication or falsification of data, results, or sources for papers or reports.
  3. Action which destroys or alters the work of another student.
  4. Multiple submission of the same paper or report for assignments in more than one course without permission of each instructor.
  5. Plagiarism, the appropriation of records, research, materials, ideas, or the language of other persons or writers and the submission of them as one's own.

Charges of academic dishonesty will be reviewed by the Program Director. Penalties for students found responsible for violations may depend upon the seriousness and circumstances of the violation, the degree of premeditation involved, and/or the student’s previous record of violations. Appeal of a decision may be made to the Dean whose decision will be final. Student appeals will take place through the grievance process outlined in the student handbook.

Attendance Policy

Online students are required to submit a graded assignment/discussion prior to Sunday evening at 11:59 pm ET of the first week of the term. If a student does not submit a posting to the graded assignment/discussion prior to Sunday evening at 11:59 pm ET, the student will be automatically dropped from the course for non-participation. Review the full attendance policy.

Assignments

Late assignments will be accepted up to 3 days late; however, there is a 10% grade reduction (from the total points) for the late submission. After three days the assignment will not be accepted. Discussion posts: If the initial post is submitted late, but still within the discussion board week, there will be a 10% grade reduction from the total discussion grade (e.g., a 3 point discussion will be reduced by 0.3 points). Any posts submitted after the end of the Discussion Board week will not be graded. Please make every effort ahead of time to contact your instructor if you are not able to meet an assignment deadline. Arrangements for extenuating circumstances may be considered by faculty.

Proctored Examinations

The University of New England has contracted with ProctorU to provide students with the most convenient online exam proctoring system. This system provides a simple, no cost to the student, secure, online proctor for exams and allows the student to take all the exams at home and on their own schedule.

Upon enrollment into the course, each student will register with ProctorU and establish a login name and password. This will give the student access to all of ProctorU's services. When ready, students will schedule each of their proctored exams with ProctorU. Exams must be scheduled at least 72 hours in advance to avoid fees. Prior to taking their exams, students must be sure that they have downloaded the ProctorU Chrome or Firefox extension and are using the most current version of Chrome or Firefox. They must also be sure their testing site's connection meets the minimum requirements by using ProctorU's "Test It Out" utility.

Upon the exam day and hour, students will log in to ProctorU and click on "exams". After following the procedures outlined at ProctorU's website, the student will log in to Brightspace and locate their correct exam. The proctor will then allow student access to that exam.

Students must use ProctorU and must follow all proctoring requirements for their exams to be credited.

Information about exam attempts can be found in your course.

Technology Requirements

Please review the technical requirements for UNE Online Programs: Technical Requirements

Course Length

A schedule of lectures and assignments is included in this syllabus.

Courses in the program are equivalent to one-semester courses designed to be completed in 6 or 8 weeks

  1. Enrollment in the course begins the day your section opens which is listed in the Academic Calendar found on the Student Success Portal.
  2. Course due dates, start and end dates are in respect to Eastern Time.

Withdrawal and Refund Policies

Please review the policies in your confirmation email. Contact PreHealth@une.edu with any questions.

Grade Policy

Students are expected to attempt and complete all graded assignments and proctored exams by the end date of the course. Contact support with any questions.

Transcripts

Due to the Family Educational Rights and Privacy Act, only the student may request official transcripts. This may be done online by going to the University of New England Registrar website and following the directions on the page.

Academic Integrity

The University of New England values academic integrity in all aspects of the educational experience. Academic dishonesty in any form undermines this standard and devalues the original contributions of others. It is the responsibility of all members of the University community to actively uphold the integrity of the academy; failure to act, for any reason, is not acceptable.

Academic dishonesty includes, but is not limited to the following:

  1. Cheating, copying, or the offering or receiving of unauthorized assistance or information.
  2. Fabrication or falsification of data, results, or sources for papers or reports.
  3. Action which destroys or alters the work of another student.
  4. Multiple submission of the same paper or report for assignments in more than one course without permission of each instructor.
  5. Plagiarism, the appropriation of records, research, materials, ideas, or the language of other persons or writers and the submission of them as one's own.

Charges of academic dishonesty will be reviewed by the Program Director. Penalties for students found responsible for violations may depend upon the seriousness and circumstances of the violation, the degree of premeditation involved, and/or the student’s previous record of violations. Appeal of a decision may be made to the Dean whose decision will be final. Student appeals will take place through the grievance process outlined in the student handbook.

Attendance Policy

8 week: Students taking online graduate courses through the College of Professional Studies will be administratively dropped for non-participation if a graded assignment/discussion post is not submitted before Sunday at 11:59 pm ET of the first week of the term. Reinstatement is at the purview of the Dean's Office.

16 week: Students taking online graduate courses through the College of Professional Studies will be administratively dropped for non-participation if a graded assignment/discussion post is not submitted before Friday at 11:59 pm ET of the second week of the term. Reinstatement is at the purview of the Dean's Office.

Student Handbook Online - Policies and Procedures

The policies contained within this document apply to all students in the College of Professional Studies. It is each student's responsibility to know the contents of this handbook.

UNE Online Student Handbook

UNE Course Withdrawal

Please contact your student support specialist if you are considering dropping or withdrawing from a course. The last day to drop for 100% tuition refund is the 2nd day of the course. Financial Aid charges may still apply. Students using Financial Aid should contact the Financial Aid Office prior to withdrawing from a course.

Academic Integrity

The University of New England values academic integrity in all aspects of the educational experience. Academic dishonesty in any form undermines this standard and devalues the original contributions of others. It is the responsibility of all members of the University community to actively uphold the integrity of the academy; failure to act, for any reason, is not acceptable. For information about plagiarism and academic misconduct, please visit UNE Plagiarism Policies.

Academic dishonesty includes, but is not limited to the following:

  1. Cheating, copying, or the offering or receiving of unauthorized assistance or information.
  2. Fabrication or falsification of data, results, or sources for papers or reports.
  3. Action which destroys or alters the work of another student.
  4. Multiple submissions of the same paper or report for assignments in more than one course without permission of each instructor.
  5. Plagiarism, the appropriation of records, research, materials, ideas, or the language of other persons or writers and the submission of them as one's own.

Charges of academic dishonesty will be reviewed by the Program Director. Penalties for students found responsible for violations may depend upon the seriousness and circumstances of the violation, the degree of premeditation involved, and/or the student’s previous record of violations. Appeal of a decision may be made to the Dean whose decision will be final. Student appeals will take place through the grievance process outlined in the student handbook.