Credit Hours: |
3 |
Contact Hours: |
3
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Laboratory Fee: |
None.
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Prerequisites: |
There are no prerequisites for this course.
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Corequisites: |
There are no corequisites for this course.
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Comments: |
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Catalog Description: |
This course is a basic survey of economic principles, concepts and
institutions. The course describes the basic mechanism of the
American economoic system, examines how well the system operates,
shows how to develop economic measuring devices, and outlines
potential policies to keep the economy operating effectively. It
offers some consideration to the development of economic concepts
that treat mainly macro theory.
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Required Materials: |
Books:
- McConnell. Macroeconomics, 20 ed., McGraw-Hill, 2014. ISBN: 978007766002
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Supplemental Materials: |
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Special Requirements: |
None
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Program Learning Outcomes: |
Upon successful completion of this program students will:
- Apply financial accounting principles in a business
environment.
- Demonstrate business related computer competencies.
- Perform oral/written communication skills as required in
business/industry.
- Apply positive interpersonal/human relation skills in a business
environment.
- Identify, analyze, and apply legal and ethical issues in a
business environment.
Global Learning Outcomes:
- Critical Thinking: The student analyzes, evaluates,
and, if necessary, challenges the validity of ideas, principles, or
data in order to develop informed opinions, probable predictions, or
defensible conclusions.
- Communication: The student effectively communicates knowledge
and ideas.
- Cultural Literacy: The student demonstrates an understanding of
human culture and its diversity.
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Course Learning Outcomes: |
Basic economic concepts at the end of this course, students will
define basic economic concepts and correctly apply economic
terminology.
Measurement of economic performance at the end of this course,
students will measure and evaluate economic activity using national
income accounts, inflations and unemployment, and summarize the
causes and effects of economic growth.
National income and price determination at the end of this
course, student will analyze national economic activity through the
aggregate demand and supply model.
Financial sector at the end of this course, students will
evaluate the roles of money, banking and the financial sector in the
national economy.
Stabilization policies at the end of the course, students will
describe the theories and problems of international trade, balance,
payments and exchange rates.
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Methods of Evaluation: |
Evaluation of student progress towards achieving the stated learning
outcomes and performance objectives is the responsibility of the
instructor, within the policies of the college and the department.
Detailed explanations are included in the expanded Syllabus
developed by the instructor for each section being taught.
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Flexibility: |
It is the intention of the instructor to accomplish the objectives specified in the course syllabus. However, circumstances may arise which prohibit the fulfilling of this endeavor. Therefore, this syllabus is subject to change. When possible, students will be notified of any change in advance of its occurrence.
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Student Email Accounts: |
Pensacola State College provides an institutional email account to all credit students. Pirate Mail is the official method of communication, and students must use Pirate Mail when communicating with the College. In cases where companion software is used for a particular class, emails may be exchanged between instructor and student using the companion software.
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Note: |
For students with a disability that falls under the Americans with Disability Act or Section 504 of the Rehabilitation Act, it is the responsibility of the student to notify Student Resource Center for ADA Services to discuss any special needs or equipment necessary to accomplish the requirements for this course. Upon completion of registration with the Student Resource Center for ADA Services office, specific arrangements can be discussed with the instructor.
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Equity Statement: |
Pensacola State College does not discriminate on the basis of race, color, national origin, sex, disability, age, religion, marital status, pregnancy, sexual orientation, gender identity or genetic information in its programs, activities and employment. For inquiries regarding the College's non-discrimination policies, contact: The Executive Director of Institutional Equity and Student Conduct 1000 College Boulevard. Building 5, Pensacola, Florida 32504 (850) 484-1759
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