BEC151 Macroeconomics

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BEC151 Macroeconomics

Work phone: 313-532-8139
Office Location: Feel free to email or call (you can call until 10 pm EST)

Greetings and salutations fellow seekers of knowledge. My name is Peter Badry
and I have eighteen plus years experience in teaching college level economics,
business (management, finance and marketing) and mathematics courses. Not
that you would know this from my writing skills, but I have quite a lovely Egyptian
accent, so don't be surprised when you call me (and please do feel free to call). A
French born colleague of mine always offered this on his first day of class, "Just
because I speak with an accent doesn't mean I think with one."

I have an undergraduate degree in Electrical Engineering, an MBA and a
Masters in Economics. My alma mater is the University of Detroit. I am a
passionate instructor, demanding of my students but always available and fair. In
spite of all my years in front of a class (or in this case, in front of a monitor) I have
always learned a great deal from my students. I do pride myself in adding value
to a student's education - I take it personally.

In case you were wondering, this is my seventh year teaching online at Henry
Ford, but I have been instructing courses online for well over eight years now.

The schedule and material are demanding and the term is lightning quick, so be
absolutely certain to stay in touch with me regarding any issues or concerns you
might have.

Let's have a great class!!!


Instructor: Peter Badry, MBA, MA.
Phone: 313-532-8139

Text: MACROECONOMICS, 18th. Edition by McConnel and Brue

Software: Excel, PowerPoint and Microsoft word

Determination of grades:

Homework = 270

Discussion Board = 90

Research Project = 140

Exams (2x 250 each) = 500

Total = 1,000 points

Grading Scale (percentage)
93-100= A
90-92 = A-
87-89 = B+
83-86 = B
80-82= B-
77-79= C+
73-76 = C
70-72 = C-
67-69 = D+
63-66 = D
0-62= E
Course Objectives

Macroeconomics refers to that portion of economic analysis which is concerned
with behavior of economy-wide issues, e.g., inflation, unemployment, etc. By
means of theoretical reasoning and empirical research, economists have
identified a number of relationships or principles which are useful in explaining
and predicting macroeconomics; their application to an understanding of current
economic problems, and their implication for economic policy.

The intent of the course is to provide the student with a basic level of economic
literacy essential for a well-informed citizenship in the years ahead. In
economics, perhaps more than any other comparable discipline, things are not
always what they appear to be; indeed, as we shall see, many economic
problems both past and present have resulted from the misunderstanding of
fundamental economic relationships.

Method of Instructions:
On Line

Discussion Board Participation (90 points): There will be discussion questions
based on lectures / textbook reading material and/or case studies. You should
respond to each question and also provide feedback/comments to at least one
other student's input for each question assigned (be as critical as you like but
please maintain your decorum); answers should be thoughtful but concise. Each
of you is expected to contribute a minimum of one (1) meaningful response to the
general discussion per day on at least five (5) out of the seven (7) days for each

Students may not receive credit for the course for poor attendance after two
consecutive weeks of accumulated absences. Though you are encouraged to
communicate frequently with each other in personal notes, only discussion
questions and comments to each other in the class folders can be counted for
this purpose. You must share the wealth with everyone!

I will be the observer/facilitator of this process and will be assessing your
contributions to the topic-related discussion. I'm looking for insightful analysis,
probing questions, and constructive suggestions to each other. Keep thinking
from the perspective  how can I add something useful? It may be an experience
you have had  or a quote from an article you creative!

I will interject questions and respond with occasional brief comments to keep
your momentum on track but for the most part, the discussions will be left to you!

Advancing discussion with substantive responses: For this class,
substantive means that your message has substance, that it helps further the
discussion of course content. Substantive messages will often include
contributions of additional ideas and sources, insights or questions about
classmates' comments, connections to the course readings, and ways of
applying the lessons from the course, and so on. As a rule of thumb, your
substantive comments should be at least several sentences in length.

Short comments, such as "Good idea" or "I agree," do not constitute
substantive posts on their own. Neither do comments that are unrelated to
the topics at hand (for example, "I saw that movie, too!"). If you say you
agree about something, please explain why you agree, and add an additional
insight or question.

Hints for Creating Substantive Participation

          o   Explain why you agree or disagree, and add some examples to
              support your belief.
          o   Relate your personal or work experiences to the topic at hand.
          o   Ask additional questions of your classmates.
          o   Make connections between the topics being discussed and the
              readings in the text.
          o   Add ways you can apply the lessons from the class in your
              work and educational life.

Late work will not be graded!
Homework (Response to Chapter Questions):
Answer all assigned chapter questions. The responses should be sent to my e-
mail: by the due dates. Answers should clearly identify
which question is being addressed. The answers should be well explained and
detailed. Only one submission per homework assignment is allowed.

Late homework will not be graded

Assignment Calendar:

#1 & 2 Chapters 1, 2 & 3 (August 26  September 10)

#3 & 4 Chapters 4, 5 & 6 (September 13  24)
#5 & 6 Chapters 7, 8 & 9 (September 27 October 8)

#7 Review and Mid-Term Exam (October 11 15)

Mid-Term (Chapters 1- 9): Exam will be given on October 16, 2010. The window
to take the exam will be from 8 AM on Saturday, October 16, through October 17,
2010, at 11 PM. You have this entire timeframe to complete and submit your
work to me via email. Please email the answer sheet as an attachment using
Microsoft Excel to by the due date.

Note: There will be no make-up exam.
#8 & 9 Chapters 10, 11 & 12 (October 18  29)

#10& 11 Chapters 13, 14 & 15(November 1  12)

#12 &13 Chapters 16, 20 & 21 (November 15  24)

Final Exam (Chapters 10-16, 20 & 21): Exam will be given on December 11,
2010. The window to take the exam will be from 8 AM on Saturday, December
11, through December 12, 2010, at 11 PM. You have this entire timeframe to
complete and submit your work to me via email. Please email the answer sheet
as an attachment using Microsoft Excel to by the
due date.

Note: There will be no make-up exam.
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