Hours will be posted on the course website.

It is best to contact me via the course discussion board or email.  I will respond to email within two working days. 

Email messages are checked daily Monday - Friday during the semester.  My email address is mckayg@kellogg.edu

Required:   Schiller, Bradley R. (2008)  The Economy Today, 11^th edition, McGraw-Hill Irwin. 
ISBN # 978-0-07-351126-9

Required on campus sessions:   none

Special labs or practicum:  none

Number of assignments:  5 learning assignments,  5 discussion board postings, 1 current event project, 1 reflection paper

Estimated time per week:  4-6 hours per week or more depending upon the student's background

Group interaction required:  Forum discussions, postings, and responses.  No group activities.

Scheduled activities or self paced:  Postings and responses to forum discussions are required based upon the course calendar.  The rest of the course is self paced with suggested dates for the completion of quizzes and tests subject to semester time frames.  There is a specific due date for the current event project.

Requirements: 

Students must have access to the following:

• Equipment:  You will need a computer that is able to access and interact with the Web. For best results, a Pentium or PowerMac with a 56 Kbps or faster modem and 256 MB or more of RAM should be considered the minimal system.
• Software:  You will need one of the following Internet browsers: Microsoft Internet Explorer 6 or higher; Firefox; Mac users may use Safari or Firefox.
• Internet connection: Home users need Internet access through an Internet Service Provider (ISP) that offers a reliable connection to the Internet.

Other requirements: Adobe Acrobat Reader is recommended

2. Identify and explain basic economic terms and methods used to measure economic activity.

3. Explain the role of supply and demand within the U.S. economy.

4. Examine the causes and impact of unemployment and inflation on economic activity.

6. Assess the impact of federal budgetary decisions on economic activity and growth.

6. Examine the role of the Federal Reserve system and its relationship to the money supply.

7. Assess the impact of the global economy and its impact on domestic economic policy.

5 learning assignments @ 10 points each = 50 points

5 discussion forum postings @ 10 points each = 50 points

2 proctored exams @ 100 points each = 200 points
(lowest test score is dropped)

1 current event project @ 50 points = 50 points

1 reflection paper @ 200 points = 200 points

Total points possible = 550 points

Total Points                   Percentage                                Grade

514 - 550                      94 – 100%                                 A

492 - 513                       90 – 93%                                  A-

476 - 491                       87 – 89%                                  B+

454 - 475                       83 – 86%                                  B

437 - 453                       80 – 82%                                  B-

421 - 436                       77 – 79%                                  C+

399 - 420                       73 – 76%                                  C

382 - 398                       70 – 72%                                  C-

366 - 381                        67 – 69%                                  D+

344 - 365                        63 – 66%                                  D

327 - 343                        60 – 62%                                  D-

000 - 326                        00 – 59%                                  F