Economics 3410-01: Macroeconomic Policy


Hilde Patron Boenheim, Ph.D.                                                                                 
Richards College of Business, Room 1311                                                

Office Hours
Face-to-face (RCOB 1311):    Tuesdays: 7:30-11:00AM & 12:30PM-1:30PM
                                                 Thursdays: 7:30-9:30AM & 12:30PM-1:00PM

Online office hours*:              Mondays, Wednesdays & Fridays: 8:30AM-9:30AM

*To get in touch with me during online office hours send an email to If needed, we can then log into the chat room on CourseDen.

Course Information

Meetings: This is class will be conducted in person on Tuesdays and Thursdays, from 11:00AM until 12:20PM (RCOB 1308). We will have four exams. You have to attend all exams. Tentative dates are listed below.Course Description:

The objective of this course is to study the aggregate economic forces at work in the economy. Topics include the determination of output and employment levels, the inflation rate, economic growth, and the effects of monetary and fiscal policy.

Prerequisites: ECON 2105 Minimum Grade: D and ECON 2106 Minimum Grade: D and (MATH 1111 Minimum Grade: D or MATH 1113 Minimum Grade: D )

Textbook: Mankiw, G. “Macroeconomics”. Eighth edition. You may purchase a hardcopy of the book or an electronic copy.

You can buy a copy of the book or an access code in the Univeristy's bookstore ( You can also purchase the book online. Make sure to look for used books for better prices.

Course Objectives and Learning Outcomes

The overall goal of this course is to give students a more comprehensive overview of the U.S. and the global economy.  To this end, upon completion of the course you should be able to:
(1)    accurately describe macroeconomic concepts such as GDP, inflation, unemployment, federal budget deficit, and the tools of monetary policy (LG7, LG8)
(2)    recognize open economy issues such as capital flows, exchange rates, and trade deficits and be able to identify current problems facing the U.S. and the world economy (LG7, LG8, LG9)
(3)    distinguish between short run issues such as the business cycle and stabilization policy and long run issues such as economic growth, and the natural rate of unemployment (LG7)
(4)    discuss and write about economic problems and alternative strategies for addressing these problems (LG1)
(5)    recognize and interpret economic indicators of the macroeconomy (LG7)
Note: A complete list of expected learning goals (LG) for the Economics Department can be found at the department web site (

Attendance Policy

Attendance is not required, but it is encouraged. There is no grade for coming to class, but you are responsible for all material and all announcements made in class. You cannot claim as an excuse for missing an assignment or quiz being absent when the announcement was made.


We will have four (noncumulative) exams during the semester.  Each exam is worth 25% of your grade.

Evaluation                Worth                                            Tentative dates                                 .
Exam # 1                  25%                                        Tuesday, September 11th
Exam # 2                  25%                                        Tuesday, October 9th
Exam # 3                  25%                                        Tuesday, November 6th
Exam # 4                  25%                                        Tuesday, December 4th, 11AM-12:30PM

The exams are all multiple choice. You need to bring an 882-E scantron to each test. If you miss a test you will have to provide a valid excuse in writting (doctor's excuse).I will not give make up quizzes or tests. Only verifiable doctor's excuses will be considered as valid excuses for missing a test. All excuses will be verified. (Vacations, weddings, and other social events are not valid excuses).

All grades will be posted online on CourseDen. Tests will be returned on the class period following the test. If you have questions, concerns, complaints, etc, about a grade, you need to bring it to my attention within 48 hours of the grade being posted in the case of online assignments, or the exam being returned.

No extra-credit opportunities will be offered.

If you have any questions, concerns, complaints, etc. about your grade you MUST bring it to my attention within 48 of the posting date. You cannot wait until the end of the semester to argue about missing grades, or other problems (48 hours from publication date).

Grading Scale

A: 90% or higher

B: 80% to 89.9999%

C: 70% to 79.9999%

D: 60% to 69.9999%

F: Less than 60%

Note: an 89.9% is a B!

No extra credit opportunities will be offered!

Academic Integrity

Academic dishonesty as described by the Honor Code (which you can find at will not be tolerated. Any such actions will result in a score of zero on the associated  assignment(s) and/or dismissal from the course with a grade of F.

Affirmative Action

University of West Georgia adheres to affirmative action policies to promote  diversity and equal opportunity for all faculty and students.

Americans with Disabilities Act

If you are a student who is disabled as defined under the Americans with Disabilities Act and requires assistance or support services, please seek assistance through the Center for Disability Services. A CDS Counselor will coordinate those services. See

Equal Opportunity

No person shall, on the grounds of race, color, sex, religion, creed, national origin, age, or disability, be excluded from employment or participation in, be denied the benefits of, or otherwise be subjected to discrimination under any program or activity conducted by UWG.

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The instructor reserves the right to change this syllabus at anytime during the semester. Any changes will be announced in writing.