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Macroeconomic Principles

Course Details

Course Number
Section Number
Fall 2010
Dillard College of Business Administration
Classroom Number
Days & Times

9:30a - 10:50a

Dr. Yoshi Fukasawa (view Profile)
Course Objectives

The main objective of the course is to provide the student with an understanding of economics as a part of everyday life and introduce some basic macroeconomic concepts to help the student better understand the economy of the United States and the world.

    General Learning Goals:


  1. Problem solving and decision-making abilities through critical analysis, evaluation, and interpretation of business information.


      The students will demonstrate their abilities in problem solving and decision-

      making abilities by applying macroeconomic concepts to the problem/short essay

      section of homework and quizzes.


     2.   An understanding of the influence of global and multicultural issues on business  activities. 


                        The students will gain the basic understanding of international trade and

                        related issues by working on homework and solving problems in the examination

                        related to the topic.


            These general learning goals are among those established by the Dillard College of

            Business Administration.  General learning goals represent the skills that graduates

            will carry with them into their careers.  While assessing student performance in

            obtaining these general learning goals, the College hopes to assess its programs. 

            The assessments will assist us as we improve our curriculum and curriculum


Course Expectations

Course Specific Learning Goals:


  • Gain basic ideas behind economic science
  • Understand the demand and supply model
  • Learn basic roles of government in market
  • Understand Macroeconomic measurements
  • Understand the effect of inflation and unemployment
  • Learn basic concepts of the monetary system
  • Understand basic macroeconomic policies
  • Become aware of open-economy macroeconomics
  • Gain basic knowledge of international trade and finance
Grading Standards

Grading and Evaluation:


Grades will be determined on the basis of the total points earned on four 100-point exams, including the final, and ten 10-point quizzes.  Letter grades will be given, with only minor adjustments, according to the following scale:


Examination #1                       100 points

Examination #2                       100 points

Final Examination                   100 points

Quizzes                                   100 points

Total                                        400 points


                        A  360 - 400 points (90-100%)                       D  240 - 279 points (60-69%)

                        B  320 - 359 points (80-89%)             F  below 240 points (below 60%)

                        C  280 - 319 points (70-79%)


            The examination will cover the assigned chapters, in-class lectures, quizzes, handouts, and

            any other assigned readings.  Students are responsible for all assigned textbook material,

            even if the material is not directly discussed in class.  The examination will have 50 multiple

            choice questions, each worth 2 points.  Please bring a Scantron sheet (Form No. 882-E, 4¼”

            x 11’) and some #2 pencils for the exam.  A simple calculator, but not a phone calculator,

            may be allowed for the exams.


            In addition to the scheduled exams, you are required to take ten (10) unannounced quizzes.

            Each quiz will worth 10 points.  The quizzes are based on handouts and at-the-end-of-

            chapter problems. 


You will be assigned a randomly selected 4-digit ID number for record keeping in this class when Quiz #1 is returned to you.  Please record your number for future reference.  


Keep all the exams and quizzes until the end of the semester to verify any discrepancy in records. If you happen to be absent on the day the quizzes or exams are returned in the class, you must come to my office to pick them up.  The results of your exams and quizzes will be posted periodically.  

Submission Format Policy Note: You may not submit a paper for a grade in this class that already has been (or will be) submitted for a grade in another course, unless you obtain the explicit written permission of me and the other instructor involved in advance.
Plagiarism Policy

Plagiarism is the use of someone else's thoughts, words, ideas, or lines of argument in your own work without appropriate documentation (a parenthetical citation at the end and a listing in "Works Cited")-whether you use that material in a quote, paraphrase, or summary. It is a theft of intellectual property and will not be tolerated, whether intentional or not.

Student Honor Creed

As an MSU Student, I pledge not to lie, cheat, steal, or help anyone else do so."

As students at MSU, we recognize that any great society must be composed of empowered, responsible citizens. We also recognize universities play an important role in helping mold these responsible citizens. We believe students themselves play an important part in developing responsible citizenship by maintaining a community where integrity and honorable character are the norm, not the exception.

Thus, We, the Students of Midwestern State University, resolve to uphold the honor of the University by affirming our commitment to complete academic honesty. We resolve not only to be honest but also to hold our peers accountable for complete honesty in all university matters.

We consider it dishonest to ask for, give, or receive help in examinations or quizzes, to use any unauthorized material in examinations, or to present, as one's own, work or ideas which are not entirely one's own. We recognize that any instructor has the right to expect that all student work is honest, original work. We accept and acknowledge that responsibility for lying, cheating, stealing, plagiarism, and other forms of academic dishonesty fundamentally rests within each individual student.

We expect of ourselves academic integrity, personal professionalism, and ethical character. We appreciate steps taken by University officials to protect the honor of the University against any who would disgrace the MSU student body by violating the spirit of this creed.

Written and adopted by the 2002-2003 MSU Student Senate.

Students with Disabilities

The Americans with Disabilities Act (ADA) is a federal anti-discrimination statute that provides comprehensive civil rights protection for persons with disabilities. Among other things, this legislation requires that all students with disabilities be guaranteed a learning environment that provides for reasonable accommodation of their disabilities. If you believe you have a disability requiring an accommodation, please contact the Disability Support Services in Room 168 of the Clark Student Center, (940) 397-4140.

Safe Zones Statement

The professor considers this classroom to be a place where you will be treated with respect as a human being - regardless of gender, race, ethnicity, national origin, religious affiliation, sexual orientation, political beliefs, age, or ability. Additionally, diversity of thought is appreciated and encouraged, provided you can agree to disagree. It is the professor's expectation that ALL students consider the classroom a safe environment.

Contacting your Instructor

All instructors in the Department have voicemail in their offices and MWSU e-mail addresses. Make sure you add your instructor's phone number and e-mail address to both email and cell phone lists of contacts.

Attendance Requirements

Students are expected to attend all class meetings for this course, following the university attendance policy.  (See Midwestern State University Undergraduate Catalog, Vol. LXXVIII, No. 1 (20010-2012),  p. 78.  Each meeting of the class will run as scheduled.  So as not to disturb the class, you are not to walk in and out of the classroom during the class hour except for an emergency.  The students who fail to meet any of these policies may be dropped from the class with a grade of “F” by the instructor.

Other Policies

Other Related Policies:

 If a student misses a regularly scheduled exam, the student must immediately notify the instructor of his/her intention to schedule a make-up exam.  A make-up exam consists of five problem/short essay questions.  There is no other recourse available for a missed exam in the class.  The exam dates are tentative and subject to change.  There is absolutely no make-up for missed quizzes.         Homework must be turned in on time.  Please staple all the homework when you turn it in.

Dillard Building Classroom Policy:


  • No food or drink is allowed in the classroom.
  • Keep cell phones dormant in the classroom.


Syllabus Change Policy:


            This syllabus is a guide for the course and is subject to change.

Writing Proficiency Requirement

All students seeking a Bachelor's degree from Midwestern State University must satisfy a writing proficiency requirement once they've 1) passed the 6 hours of Communication Core and and 2) earned 60 hours. You may meet this requirement by passing either the Writing Proficiency Exam or English 2113. Please keep in mind that, once you've earned over 90 hours, you lose the opportunity to take the $25 exam and have no option but to enroll in the three-credit hour course. If you have any questions about the exam, visit the Writing Proficiency Office website at, or call 397-4131.

Campus Carry

Senate Bill 11 passed by the 84th Texas Legislature allows licensed handgun holders to carry concealed handguns on campus, effective August 1, 2016. Areas excluded from concealed carry are appropriately marked, in accordance with state law. For more information regarding campus carry, please refer to the University’s webpage at

If you have questions or concerns, please contact MSU Chief of Police Patrick Coggins at