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: 8:00AM-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.

** Note: Sometimes, I will have a meeting of the IRB on Tuesday morning. On these occasions, office hours will be restricted. I will let you know of my availability on the Monday prior. ***

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 three exams and three homework problems. You have to attend all exams. Tentative dates are listed below.

We will also have quizzes (announced and unannounced), and other classroom activities and experiments.

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.

Grading: We will have three (noncumulative) exams during the semester, and three homework problems.  Each exam is worth 20% of your grade.

                  Worth                                            Tentative dates                                 .

Exam # 1                  20%                                        Tuesday, September 24

Exam # 2                  20%                                        Tuesday, October 22

Exam # 3                  20%                                        Tuesday, December 10, 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).

Each homework set is worth 10% of the grade. Homework sets are due at the beginning of class on the assigned date. I will take points 10 points off if the homework is turned in during class but late (after 11:00AM). I will not accept homework sets after the class period has ended.

                      Worth                                            Tentative dates                                 .

Homework # 1           10%                                        Thursday, September 19, 11:00AM

Homework # 2           10%                                        Thursday, October 17, 11:00AM

Homework # 3           10%                                        Thursday, December 5, 11:00AM

The remaining 10% of the grade will be determined by quizzes, classroom activities and experiment, and classroom participation.

All grades will be posted online on CourseDen (D2L). 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!

Credit Hour Policy (3 credit hours): For approximately fifteen weeks, students in this class will generally spend 150 minutes with direct faculty instruction (either face-to-face or online) and work about 360 minutes outside of the classroom each week.  This out-of-class work may include, but is not limited to, readings, assignments, projects, group work, research, and test preparation.

Academic Integrity: At the University of West Georgia, we believe that academic and personal integrity are based upon honesty, trust, fairness, respect, and responsibility. Students at West Georgia assume responsibility for upholding the honor code. West Georgia students pledge to refrain from engaging in acts that do not maintain academic and personal integrity. These include, but are not limited to, plagiarism, cheating, fabrication, aid of academic dishonesty, lying, bribery or threats, and stealing.

The University of West Georgia maintains and monitors a confidential Academic Dishonesty Tracking System. This database collects and reports patterns of repeated student violations across all the Colleges, the Ingram Library, and the School of Nursing. Each incidence of academic dishonesty is subject 2 to review and consideration by the instructor, and is subject to a range of academic penalties including, but not limited to, failing the assignment and/or failing the course. Student conduct sanctions range from verbal warning to suspension or expulsion depending on the magnitude of the offense and/or number of offenses. The incident becomes part of the student’s conduct record at UWG.

Additionally, the student is responsible for safeguarding his/her computer account. The student’s account and network connection are for his/her individual use. A computer account is to be used only by the person to whom it has been issued. The student is responsible for all actions originating through his/her account or network connection. Students must not impersonate others or misrepresent or conceal their identities in electronic messages and actions.

Academic dishonesty as described by the Honor Code 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: Students with a documented disability may work with UWG Accessibility Services to receive essential services specific to their disability. All entitlements to accommodations are based on documentation and USG Board of Regents standards. If a student needs course adaptations or accommodations because of a disability or chronic illness, or if he/she needs to make special arrangements in case the building must be evacuated, the student should notify his/her instructor in writing and provide a copy of his/her Student Accommodations Report (SAR), which is available only from Accessibility Services. Faculty cannot offer accommodations without timely receipt of the SAR; further, no retroactive accommodations will be given.

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.

UWG Email Policy: University of West Georgia students are provided a MyUWG e-mail account. The University considers his account to be an official means of communication between the University and the student. The purpose of the official use of the student e-mail account is to provide an effective means of communicating important university related information to UWG students in a timely manner. It is the student’s responsibility to check his or her email

Students Rights and Responsabilities: Please carefully review the information at the following link: ( .

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