ECONOMICS 2105 – 25H (TTH 2:00-3:20 pm)

FALL 2013


Principles of Macroeconomics (Honors Section).  Updates to the syllabus will be posted on the CourseDen site for the course.  The class will meet in Adamson 115.


David Boldt
Office Phone: 678-839-6477


M-F 9:30-11:30 am, TTH from 1:15-1:45 pm, and other times by arrangement.


1) McEachern, William A., ECON Macro 3nd edition, Southwestern/Cengage Learning, 2012-2013. 


2) The CourseMate website is available to all students who purchased a new book (need to use an access code to register).  This site provides tutorials, practice quizzes, and other helpful resources.


3) Other reading material will be distributed in class.

PREREQUISITES: No course prerequisites but must have at least a 2.0 overall GPA.


The overall objective of this course is for you to learn basic economic concepts, specifically macroeconomics, and more about the economic system in which we live.  To this end, upon completion of the course, the expectation is that students will be able to:

  • Demonstrate a basic knowledge of macroeconomic concepts such as gross domestic product, inflation, and unemployment (LG7)
  • Demonstrate a basic knowledge of international economics including concepts such as exchange rates and net exports (LG9)
  • Demonstrate a basic knowledge of the banking system, the impact of the Federal Reserve on the economy, and government taxation and spending policy (LG7)
  • Be able to analyze at a basic level the effectiveness of fiscal and monetary policy in combating inflation or unemployment (LG7)

Note: A complete list of expected learning goals (LG) for the Economics Department can be found at the department web site (





Grading in the course will be based on your performance on the four tests and on class participation. The examinations will be composed of short answer and multiple choice questions based on our class presentations/discussions and on assigned reading material (text and other readings handed out in class). Each of the tests will be worth 20% of your grade. If your grade on the final examination is higher than one of your previous examination grades, I will count the final examination as 30% or your overall grade (and your lowest test grade as 10%).  Your class participation grade (20% of total) will be based on contributions to class discussion, class attendance, and short classroom assignments/presentations.

ASSIGNMENTS:  Readings and other assignments will be updated at: (


Please carefully review the information in the link below concerning the American with Disabilities Act, UWG Email Policy, UWG Credit Hour Policy and the UWG Honor Code.


During the semester, students in this course will generally spend 150 minutes per week of direct faculty instruction in the classroom.  As a guide, students should expect to spend about 300 minutes per week outside the classroom on various assignments, reading the textbook, and in studying the course material. 



Attend one or more of the following lectures and submit a one-page, typed response paper on the lecture.  The response paper should summarize the key points of the lecture and include a brief critical analysis of the presentation.  Each response paper is worth 1.5 points (added to your final average).  I will give credit for at most 3 extra credit activities.

1)      Sept 12 BBT Lecture in Free Enterprise (Jessica Jackley, KIVA, 8:00 pm, Townsend Center)

2)      Sept. 17 Constitution Day Lecture (Keith Pacholl, UWG, 11:00 am, Ingram Library)

3)      Sept. 24 Alexander Hamilton’s Character/Ideas (John Ferling, UWG, 7:00 pm, Ingram Library)

4)      Sept. 30 Hamilton-Burr Duel (Joanne Freeman, Yale, 11:00 am, Ingram Library)

5)      Another lecture (must be approved by me in order to earn extra credit)












          ECON 2105-25H   Course Outline, Examination Dates, and Assignments




1 (8/27)

Ch. 1 Intro to Course and Economic Analysis

2 (8/29)

Ch. 2. Economics Tools and Economic Systems

3 (9/3)

Ch. 3 Economic Decision Makers

4 (9/5)

Ch. 4 Demand, Supply and Markets

5 (9/10)

Ch. 4 Demand, Supply and Markets (cont.)


6 (9/12)

Ch. 5 Introduction to Macroeconomics

7 (9/17)

Ch. 5 Introduction to Macroeconomics (cont.)


8 (9/19)

Test I (Chapters 1-5)


9 (9/24)

Ch. 6 Tracking the U.S. Economy


10 (9/26)

Ch. 7 Unemployment and Inflation


11 (10/1)

Ch. 7 Unemployment and Inflation


12 (10/3)

 Ch. 9 Aggregate Expenditure


13 (10/8)

Guest Speaker, Michael Chriszt, Atlanta Federal Reserve

Submit a one page (typed) response paper.

14 (10/10)

Ch. 12 Fiscal Policy.

15 (10/15)

Ch. 12 Fiscal Policy (cont.)


16 (10/17)

Test II (Chapters 6-12).  Note the last day to withdraw with a grade of W is Oct 18.

17 (10/22)

Ch. 13 Fiscal Budgets and Public Policy


18 (10/24)

Ch. 13 Fiscal Budgets and Public Policy


19 (10/29)

Ch. 14 Money and Financial System


20 (10/31)

Ch. 14 Money and Financial System (cont.)


21 (11/5)

Ch. 15 Banking and Money Supply


22 (11/7)

Ch. 15 Banking and Money Supply (cont.)


23 (11/12)

Ch. 15 Banking and Money Supply (cont.)


24 (11/14)

Test III (Chapters 13-15)


25 (11/19)

Ch. 19 International Finance


26 (11/21)

Ch. 19 International Finance (cont.)


27 (12/3)

Class Discussion on the Economic Legacy of Alexander Hamilton

Reading TBD

28 (12/5)

Class Discussion on Sustainability Issues

Read the following articles from The Economist: Melting North (June 16, 2012); China and the Environment (August 10, 2013).  Have these articles read prior to class on 12/5.

29 (12/10)

Test IV (2-4:30 pm).  This test will cover Ch. 19 in the text and the topics covered and discussed on 12/3 and 12/5.  The test will also contain a few comprehensive questions.