Prof. Richard Sicotte EC 11 OL1 & OL2 Summer 2011 The textbook for this course is Macroeconomics by Michael Parkin (9th edition, Addison-Wesley, 2009). The 10th edition is also acceptable. Please purchase access to myeconlab either independently or along with your textbook. The text is available at the UVM bookstore. Alternatively, the etext is available for purchase at the myeconlab website. MyEconLab Homework Instructions This course will employ the online homework and study aid, myeconlab. You need a membership to myeconlab and you must register as a student in our class. If you purchased a new textbook at the bookstore, you received a student access kit for myeconlab. If you did not purchase a new textbook, you may purchase a subscription online at the myeconlab website. Once you are registered, you will be able to access a plethora of resources, especially practice problems, that will help you learn macroeconomics. To register, follow the instructions below. NOTE: We are using Myeconlab, NOT Myeconlab in Coursecompass. ****************************************************** How to Register and Enroll in Your MyEconLab Course Textbook: Parkin: Macroeconomics 9e Course Name: EC11 OL1 Course ID: XL0O-I1X4-801Y-9OI2 To join the course, please complete the following two steps: 1. Register for MyEconLab, and 2. Enroll in your instructor's course To register, you will need: 1. A valid email address. 2. The access code that came with you MyEconLab Access Kit. If you don't have an access kit, you can purchase access online at http://www.myeconlab.com You will have the choice to
purchase access with or without the full e-text. Once enrolled in the course, you will also have the option to purchase a discounted version of your text. Step 1: Register for MyEconLab 1. Go to http://www.myeconlab.com and click the Students button, in the Register section. 2. Follow the on-screen instructions for choosing author and title. 3. Choose "Register with an Access Kit/Code" if an access kit was included with your book. If you need to purchase access online, click "Purchase Access." 4. Follow the instructions to set up your login and password and register for your course. Step 2: Enroll in your instructor's course. 1. Log in to MyEconLab with your newly created login name and password. 2. Enter your CourseID XL0O-I1X4-801Y-9OI2. If you purchased access, visit the Student Center inside your instructor's course for additional purchase options. NOTE: If you are taking two MyEconLab courses simultaneously, you will need two separate login accounts. If you need help, please visit http://www.myeconlab.com/support Office Hours I am available 1. by phone: 656-0184. If I am not in at the moment you call, you can leave a message with your name, several possible contact times and phone number and I will return your call. 2. by email: richard.sicotte@uvm.edu Please allow a minimum of 24 hours for me to respond to your message. If you email me on Friday, you may not hear from me until Monday. 3. in person: My office is 336 Old Mill at the University of Vermont. I am available by appointment. Instructor Information
I am associate professor of economics at the University of Vermont. I have worked at UVM since 2002. Prior to that I worked at the University of Calgary and Universidad Carlos III de Madrid. I obtained my Ph.D. in economics from the University of Illinois at Urbana-Champaign in 1997. Since coming to UVM, I have taught Principles of Macroeconomics and Microeconomics many times. I also have taught courses on international trade, international finance, globalization, and industrial organization. My research interests include the economics of transportation industries, and the economic history of Latin America. Phone: 802-656-0184 Fax: 802-656-8405 Email: richard.sicotte@uvm.edu Grading and Exam Proctors Attached Files: o proctorguide_agreement.doc (155 KB) GRADING AND EXAM PROCTORS 1. Grading Myeconlab homework assignments will account for 25% of the final grade. There are five such assignments throughout the course, each is worth five percent of the grade. Myeconlab homeworks are completed on the myeconlab website. The homeworks will be available each Monday and are due each Sunday at 11:59PM. The first homework is due May 29, and the last is due June 30. Students are required to post commentary on readings, as well as respond to other students' comments. These commentaries will be posted on the "Discussion Board," a link to it is on the course menu. Instructions for postings are also available at that link. The assignments themselves, along with the relevant readings, are in the "Learning Modules" link. There are three such assignments, and each is worth five percent of the total grade.
There are three exams. The first exam is June 6, and the second is June 20. These exams are not cumulative. The first exam covers material in chapters 1-6, and the second exam covers material in chapters 7-11. These exams will be taken online, and each is worth 15% of the total grade. The final exam is July 1, and will be taken online. It is cumulative, and is worth 30% of the total grade. No late homeworks will be permitted except in the event of student illness, verified by a physician's note sent to me at my university address. Similarly, make-up exams are not possible except for the same reason. 2. Exam Proctor Policy There are two options for taking exams. First, you may obtain an approved proctor and take the exam at an off-campus location at any time during the days of the exam. Second, you may take that exam at a common time on campus: 10AM - 11:15AM June 6 or June 20, or 10AM -12 NOON July 1. The in-classroom exams will take place at the university in a room to be announced. If you choose the first option, your proctor must be identified and approved no later than 72 hours prior to each exam. The following guidelines should be followed when selecting a proctor. All questions regarding proctors should be directed to Professor Sicotte. You, the student, are responsible for making arrangements for a proctor by contacting an official from one of the categories listed below. Those typically approved as proctors include: 1. An administrator or faculty member of any accredited institution of higher education. 2. A high school or elementary school teacher, counselor, librarian, or administrator. A student who has employment as a teacher may not have another teacher proctor the examination. A school principal or superintendent may proctor the teacher's examination. 3. A local or regional librarian. 4. A Human Resources manager, a training manager, supervisor, or manager of higher rank at a company from which candidates will be tested. 5. Military personnel: an educational services officer, a base librarian, or an officer of higher rank than the student. No relative or immediate work supervisor may proctor an examination. Once you have identified a proctor please have that individual complete the Proctor Agreement form. (It is attached.) YOU MUST EMAIL ME A SCANNED FILLED OUT FORM AT LEAST 72 HOURS PRIOR TO THE EXAM.
Note: Proctor information is subject to verification. In accordance with the University of Vermont's Code of Academic Integrity, providing false proctor information may lead to disciplinary action. You will complete the exam online, therefore you will need to bring your laptop to the proctor/exam location or the proctor must provide you with one. You will also need access to the internet. YOU MUST LET ME KNOW WHETHER YOU WILL TAKE THE EXAM ONLINE OR IN THE CLASSROOM ON CAMPUS AT LEAST 72 HOURS PRIOR TO EACH EXAM. Course Schedule Week 1: May 23-May 29 May 23: Course Introduction: Parkin, Chapter 1 and Appendix May 24-25: Scarcity, Opportunity Cost and Efficiency: Parkin, Chapter 2 May 26-27: Supply and Demand: Parkin, Chapter 3 MYECONLAB HOMEWORK #1 DUE MAY 29 Week 2: May 31-June 5 Discussion board reading and assignment #1 May 31 - June 1: Measuring GDP, Economic Growth, Jobs and Inflation: Parkin, Chapters 4-5 June 2-3: Economic Growth: Parkin, Chapter 6 MYECONLAB HOMEWORK #2 DUE JUNE 5 Week 3: June 6-10
June 6: First Exam (in-class 10AM - 11:15AM, or online any 75 minute period between 12AM and 11:59PM) June 7-8: Finance, Saving and Investment: Parkin, Chapter 7 June 9-10: Money, the Price Level and Inflation: Parkin, Chapter 8 MYECONLAB HOMEWORK #3 DUE JUNE 12 Week 4: June 13-19 Discussion Board reading and assignment #2 June 13-14: The Exchange Rate and the Balance of Payments: Parkin, Chapter 9 June 15-16: Aggregate Supply and Aggregate Demand: Parkin, Chapter 10 June 17: The Multiplier: Parkin, Chapter 11 MYECONLAB #4 HOMEWORK DUE JUNE 19 Week 5: June 20-26 June 20: Second Exam (in-class 10AM - 11:15AM, or online any 75 minute period between 12AM and 11:59PM) June 21-22: The Business Cycle: Parkin, Chapter 12 June 23-24: Fiscal Policy, Parkin, Chapter 13 Week 6: June 27-July 1 Discussion board reading and assignment #3 June 27-28: Monetary Policy: Parkin, Chapter 14 June 29-30: International Trade Policy: Parkin, Chapter 15 MYECONLAB HOMEWORK #5 DUE JUNE 30 JULY 1 FINAL EXAM (in-class 10AM - 12:00NOON, or online any 120 minute period between 12AM and 11:59PM)