Southern Utah University

Course Syllabus

Southern Utah University
Southern Utah University
Fall Semester 2025

Principles of Macroeconomics (Face-to-Face)

ECON 2020-01

Course: ECON 2020-01
Credits: 3
Term: Fall Semester 2025
Department: ECON
CRN: 30181

Course Description

Introduces measurements of national economic performances: GDP, and interest, inflation and unemployment rates. Develops a model to describe the economic situation, and to present the options available to policy makers. Discusses the institutions and constraints that frame policy. International economic issues and the relation of the U.S. economy to the global economy are then examined. (Fall, Spring, Summer) [Graded (Standard Letter)] General Education Category: Social and Behavioral Sciences

Required Texts

Class Slides (Will be uploaded but subject to change)
The class slides are made based on Macroeconomics (7th edition) Paul Krugman and Robin Wells, Macmillan, 2024.
Purchasing the textbook is not mandatory. I designed the course content (slides and assignments) to fully prepare you for exams.

Learning Outcomes

This course focuses on principles of macroeconomics, covering economic decisions, institutions, and policies that determine levels and rates of growth of production, employment, and prices. The primary objective of this class is to help you develop a consistent way of thinking about some key macroeconomic phenomena. We will start by exploring how individuals and societies allocate their limited resources in attempting to satisfy their unlimited wants. During the semester, we will also discuss topical subjects, such as current monetary and fiscal policy.
s will be provided by the instructor.

Course Requirements

Course Requirements and Grading
 | Course Components | Weight
 | Assignments | 25%
 | Midterm 1 | 25%
 | Midterm 2 | 25%
 | Final | 25%

Exams
You have three exams (midterm 1, midterm 2 and final) in this class.
You are allowed to use a calculator and a double-sided “cheat-sheet”.
All exams are not cumulative.

You are required to take two midterms and final exam to pass this course. If you miss any exam, you will fail. If you need any accommodations, please contact me as soon as possible.

Course Outline


·        Introduction to Economic Principles (Krugman/Wells chapter 1)
·        Introduction to Economic Modes: Trade-off and Trade (Krugman/Wells 2)
·        Supply and Demand (Krugman/Wells chapter 3)
·        Price Controls and Quotas (Krugman/Wells chapter 4)
·        International Trade (Krugman/Wells chapter 5)
·        Macroeconomics (Krugman/Wells chapter 6)
·        Review and Midterm 1
·        Tracking the Economy (Krugman/Wells chapter 7)
·        Unemployment and Inflation (Krugman/Wells chapter 8)
·        Long-Run Economic Growth (Krugman/Wells chapter 9)
·        Savings, Investment and Financial Systems (Krugman/Wells chapter 10)
·        Review and Midterm 2
·        Aggregate Demand and Supply (Krugman/Wells chapter 12)
·        Fiscal Policy (Krugman/Wells chapter 13)
·        Monetary Policy (Krugman/Wells chapter 15) and Final

Instructor's policies on late assignments and/or makeup work

No Late Assignment Policy

For this course, late assignments won’t be accepted since I will do review session.
Considering some unavoidable situations, your assignment with the lowest grade will be dropped from final grade calculation.

Attendance Policy

Effort-Based Opportunities

I believe in giving students multiple opportunities to succeed, and I am willing to be flexible with grading by offering extra credit opportunities or additional chances on exams when appropriate. However, these opportunities are reserved for students who demonstrate genuine effort. 

Exams may be the most efficient way to measure progress, but they are not always the best reflection of your abilities, which is why I also value consistent assignment work, engagement in class, and overall effort throughout the semester. In an online course, I can see how much time you spend engaging with Canvas, and in a face-to-face course, your attendance and attitude during class are important indicators of your commitment. 

Please understand that retakes and extra opportunities will not be offered if your effort and attitude indicate that you are not genuinely trying. My goal is to support your success, but I can only do so if you are willing to put in the work.

Course Fees

Content for this section will be provided by the instructor.

ADA Statement

Students with medical, psychological, learning, or other disabilities desiring academic adjustments, accommodations, or auxiliary aids will need to contact the Disability Resource Center, located in Room 206F of the Sharwan Smith Center or by phone at (435) 865-8042. The Disability Resource Center determines eligibility for and authorizes the provision of services.

If your instructor requires attendance, you may need to seek an ADA accommodation to request an exception to this attendance policy. Please contact the Disability Resource Center to determine what, if any, ADA accommodations are reasonable and appropriate.

Academic Credit

According to the federal definition of a Carnegie credit hour: A credit hour of work is the equivalent of approximately 60 minutes of class time or independent study work. A minimum of 45 hours of work by each student is required for each unit of credit. Credit is earned only when course requirements are met. One (1) credit hour is equivalent to 15 contact hours of lecture, discussion, testing, evaluation, or seminar, as well as 30 hours of student homework. An equivalent amount of work is expected for laboratory work, internships, practica, studio, and other academic work leading to the awarding of credit hours. Credit granted for individual courses, labs, or studio classes ranges from 0.5 to 15 credit hours per semester.

Academic Freedom

SUU is operated for the common good of the greater community it serves. The common good depends upon the free search for truth and its free exposition. Academic Freedom is the right of faculty to study, discuss, investigate, teach, and publish. Academic Freedom is essential to these purposes and applies to both teaching and research.

Academic Freedom in the realm of teaching is fundamental for the protection of the rights of the faculty member and of you, the student, with respect to the free pursuit of learning and discovery. Faculty members possess the right to full freedom in the classroom in discussing their subjects. They may present any controversial material relevant to their courses and their intended learning outcomes, but they shall take care not to introduce into their teaching controversial materials which have no relation to the subject being taught or the intended learning outcomes for the course.

As such, students enrolled in any course at SUU may encounter topics, perspectives, and ideas that are unfamiliar or controversial, with the educational intent of providing a meaningful learning environment that fosters your growth and development. These parameters related to Academic Freedom are included in SUU Policy 6.6.

Academic Misconduct

Scholastic honesty is expected of all students. Dishonesty will not be tolerated and will be prosecuted to the fullest extent (see SUU Policy 6.33). You are expected to have read and understood the current SUU student conduct code (SUU Policy 11.2) regarding student responsibilities and rights, the intellectual property policy (SUU Policy 5.52), information about procedures, and what constitutes acceptable behavior.

Please Note: The use of websites or services that sell essays is a violation of these policies; likewise, the use of websites or services that provide answers to assignments, quizzes, or tests is also a violation of these policies. Regarding the use of Generative Artificial Intelligence (AI), you should check with your individual course instructor.

Emergency Management Statement

In case of an emergency, the University's Emergency Notification System (ENS) will be activated. Students are encouraged to maintain updated contact information using the link on the homepage of the mySUU portal. In addition, students are encouraged to familiarize themselves with the Emergency Response Protocols posted in each classroom. Detailed information about the University's emergency management plan can be found at https://www.suu.edu/emergency.

HEOA Compliance Statement

For a full set of Higher Education Opportunity Act (HEOA) compliance statements, please visit https://www.suu.edu/heoa. The sharing of copyrighted material through peer-to-peer (P2P) file sharing, except as provided under U.S. copyright law, is prohibited by law; additional information can be found at https://my.suu.edu/help/article/1096/heoa-compliance-plan.

You are also expected to comply with policies regarding intellectual property (SUU Policy 5.52) and copyright (SUU Policy 5.54).

Mandatory Reporting

University policy (SUU Policy 5.60) requires instructors to report disclosures received from students that indicate they have been subjected to sexual misconduct/harassment. The University defines sexual harassment consistent with Federal Regulations (34 C.F.R. Part 106, Subpart D) to include quid pro quo, hostile environment harassment, sexual assault, dating violence, domestic violence, and stalking. When students communicate this information to an instructor in-person, by email, or within writing assignments, the instructor will report that to the Title IX Coordinator to ensure students receive support from the Title IX Office. A reporting form is available at https://cm.maxient.com/reportingform.php?SouthernUtahUniv

Non-Discrimination Statement

SUU is committed to fostering an inclusive community of lifelong learners and believes our university's encompassing of different views, beliefs, and identities makes us stronger, more innovative, and better prepared for the global society.

SUU does not discriminate on the basis of race, religion, color, national origin, citizenship, sex (including sex discrimination and sexual harassment), sexual orientation, gender identity, age, ancestry, disability status, pregnancy, pregnancy-related conditions, genetic information, military status, veteran status, or other bases protected by applicable law in employment, treatment, admission, access to educational programs and activities, or other University benefits or services.

SUU strives to cultivate a campus environment that encourages freedom of expression from diverse viewpoints. We encourage all to dialogue within a spirit of respect, civility, and decency.

For additional information on non-discrimination, please see SUU Policy 5.27 and/or visit https://www.suu.edu/nondiscrimination.

Pregnancy

Students who are or become pregnant during this course may receive reasonable modifications to facilitate continued access and participation in the course. Pregnancy and related conditions are broadly defined to include pregnancy, childbirth, termination of pregnancy, lactation, related medical conditions, and recovery. To obtain reasonable modifications, please make a request to title9@suu.edu. To learn more visit: https://www.suu.edu/titleix/pregnancy.html.

Disclaimer Statement

Information contained in this syllabus, other than the grading, late assignments, makeup work, and attendance policies, may be subject to change with advance notice, as deemed appropriate by the instructor.