Course Overview

Introduction to ECON 110: Principles of Macroeconomics

This course provides a comprehensive introduction to macroeconomic principles, focusing on the determination of employment, output, and price levels, as well as the monetary and banking system, economic instability, inflation, growth, and development. Students will learn to apply economic models and analyze the impacts of fiscal and monetary policy on the aggregate economy.

Course Learning Outcomes

• Economic Way of Thinking: Understand concepts such as scarcity, opportunity cost, production possibilities, and marginal analysis.

• Supply and Demand Analysis: Utilize the supply and demand model to analyze market outcomes.

• Macroeconomic Indicators: Apply key indicators (output, price level, employment) to interpret aggregate economic performance.

• Economic Models: Use models to explain short-run fluctuations and long-term growth.

• Fiscal Policy: Evaluate the impacts of government spending and taxation on the macroeconomy.

• Monetary Policy: Define money and banking, and assess the effects of monetary policy.

Course Structure and Grading

Point Distribution

Grading Scale

Course Content and Schedule

Part 1: Introduction

• Chapter 1: Economics: Foundations and Models

• Chapter 2: Trade-offs, Comparative Advantage, and the Market System

• Chapter 3: Where Prices Come From: The Interaction of Supply and Demand

• Chapter 4: Economic Efficiency, Government Price Settings, and Taxes

Exam I: Friday, October 2, 2026

Part 2: Macroeconomic Foundations and Long-Run Growth

• Chapter 8: GDP: Measuring Total Production and Income

• Chapter 9: Unemployment and Inflation

• Chapter 10: Economic Growth, The Financial System, and Business Cycle

Exam II: Friday, October 30, 2026

Part 3: Short-Run Fluctuations

• Chapter 11: Long-Run Economic Growth: Sources and Policies

• Chapter 12: Aggregate Expenditure and Output in the Short Run

• Chapter 14: Banks, Money and Federal Reserve System

• Chapter 15: Monetary Policy

Final Exam: Wednesday, December 16, 2026, 7:30 AM

Assignments and Exams

• Homework: Approximately 12 assignments; lowest two grades dropped; average of remaining ten applied to final grade. All assignments are submitted via Canvas.

• Quizzes: Six in-class quizzes; lowest grade dropped; average of remaining five applied to final grade.

• Exams: Three in-class exams (multiple choice, true/false, short answer); no exam grades dropped; make-up exams only for excused absences.

• Final Exam: Not comprehensive; covers material from the last part of the course.

Course Policies and Resources

• Attendance: Strongly encouraged; linked to academic success.

• Academic Honesty: Governed by the K-State Honor and Integrity System. The Honor Pledge applies to all coursework.

• Disability Services: Accommodations available through the Student Access Center.

• Classroom Conduct: Disruptive behavior is not tolerated; mutual respect and inclusion are expected.

• Face Masks: Strongly encouraged indoors, but not required.

• Discrimination and Harassment: Zero tolerance; resources and reporting mechanisms are available.

• Student Resources: Academic, financial, and personal support available at www.k-state.edu/onestop.

Tips for Success

• Attend class regularly and participate actively.

• Complete readings before class and take notes.

• Form study groups and seek help during office hours.

• Avoid distractions such as social media during class.

Textbook Information

• Title: Macroeconomics, 9th Edition

• Authors: Glenn Hubbard and Anthony Patrick O’Brien

• Publisher: Pearson, 2025

• ISBN: 978-0-13-810249-4

• eBook with MyLab Economics access included via Canvas.

Extra Credit Opportunity

• Book Review: "Callings" by Dave Isay. Write a 3+ page review for up to 2.5 points added to your lowest exam grade. Due Friday, November 20, 2026.

Course Registration and Access to MyLab Economics

1. Log in to Canvas and enter your course.

2. Access MyLab Economics via course navigation or module links.

3. Link your Canvas and Pearson accounts as prompted.

4. Choose your access option (prepaid code, purchase, or temporary access).

5. Always access MyLab Economics through Canvas for seamless integration.

Summary Table: Key Course Topics

Additional info: This syllabus aligns with the Kansas Board of Regents' core outcomes for macroeconomics and provides a foundation for further study in economics and related fields.