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Main Campus · Richards College of Business · Economics

Principles of Macroeconomics

  • Fall 2020
  • Section 01
  • 3 Credits
  • 08/12/2020 to 12/05/2020
  • Modified 08/06/2020


A study of the economy as a whole including production, economic fluctuations, inflation, unemployment, public policy, and international economics. Requires overall GPA of 2.0.


GPA 2.00 or above required 2.00

Contact Information

David Boldt [email protected]
Office Phone: 678-839-4771

Office: RCOB 1311 (Miller Hall)

Note: Please contact me by using my official campus email address ([email protected]).  I do not utilize the email function in Course Den.  If I need to contact you individually, I will do so via your official campus email address.  However, announcements impacting the entire class will be posted in Course Den.

Meeting Times

The class meets face to face on Tuesday and Thursday at 8am in Miller Hall, Room 1201.  On the first day of class (August 13), students with the last name beginning with A-K are invited to come to class at 8am.  Please arrive on time as I will need to finish the presentation by 8:30am.  Students with the last name beginning with L-Z are welcome to come into the classroom at 8:45am on the first day of class.  Throughout the rest of the semester, students whose last names end with A-K are asked to attend class on Tuesdays while students whose last names end with L-Z are asked to attend class on Thursdays.  The same lecture will be given on Tuesday and Thursday.  The class is being separated into two groups as a means of promoting social distancing in the classroom.  Class attendance is highly recommended.  If the university requires that we go online at sometime during the semester, we will continue to meet at the regular class time (but online).

Office Hours

All office hours will be held virtually using Collaborate Ultra (a real time video conferencing tool in CourseDen).  Virtual office hours will be held on Mondays and Wednesdays from 3:00-5:00pm and on Thursdays from 10:00am-12noon.  Use the following link to participate in the virtual office hours:   I will also be available for short in-person meetings before and after class and other times by arrangement.    I can also meet virtually in Collaborate Ultra with students on an individual basis at mutually available times.  If we are directed by the university administration to meet only online at some time during the semester, the office hour schedule may be adjusted.




Course Content

In addition to the course textbook, the other principal content for the course is contained in the course lectures notes (PowerPoint slides) which will be posted in CourseDen.  In addition to a summary of the lecture presentations, these notes will also include a listing of the required reading assignments from the course text as well as links to other required outside readings/podcasts/videos.  The notes will also contain a number of practice problems which will help you better understand the course material. 

Textbook Title: Macro Econ 6

  • Author: William McEachern
  • Publisher: Cengage
  • Edition: 6th
  • ISBN: 978-1-337-40874-5
  • Availability: Campus Bookstore
  • Price: $80

The textbook will be used extensively in the course and you are strongly encouraged to obtain a copy. The bookstore price for a new copy of the book is about $80.  Rental or used copies (at lower cost) should also be available.  Make sure you purchase/rent the 6th edition.  You might consider Cengage Unlimited for $119.99 if you could benefit from access to all Cengage published texts for a semester. For $119.99 per semester you get access to all Cengage products including Mindtap (visit for information on Cengage Unlimited).  If you purchase a new copy of the book (or a subscription) you will obtain access to Mindtap.  Mindtap contains practice chapter quizzes, flashcards, interactive videos, an audio textbook and other useful study resources.. See below for how to access Mindtap.   

How to Register for Mindtap access for ECON 2105-01 Prin. of Macro - Fall 2020 - Boldt 

  1. Go to
  2. Enter this Course Key: MTPQLJWQP9WN
  3. Follow the on-screen instructions to complete your MindTap registration


The overall objective of this course is for you to learn basic economic concepts, specifically macroeconomics, and more about the economic system in which we live.  To this end, upon completion of the course, the expectation is that students will be able to:

  • Demonstrate a basic knowledge of macroeconomic concepts such as gross domestic product, inflation, and unemployment
  • Demonstrate a basic knowledge of international economics including concepts such as exchange rates and net exports
  • Demonstrate a basic knowledge of the banking system, the impact of the Federal Reserve on the economy, and government taxation and spending policy
  • Be able to analyze at a basic level the effectiveness of fiscal and monetary policy in combating inflation or unemployment


Grading in the course will be based on your performance on completed assignments, two online tests, and your successful completion of a syllabus quiz.  The assignments will be composed of short answer questions, graphical or other problems based on class lectures/discussions summarized in the powerpoints and on assigned material (textbook readings and other assigned materials). There are eight (8) scheduled assignments (see the course schedule in CourseDen for due dates). Each assignment counts for 8% of your point total (total of 64% for assignments). The assignments will be posted in CourseDen.  You will also submit your responses to the questions in each assignment in CourseDen.  In addition, there will be two online tests.  I anticipate that these tests will be mainly composed of multiple choice questions.  The tests will be timed and will be taken in CourseDen.  Each of these tests will be worth 18% of your grade (total of 36% for tests). The times/dates for the tests are listed in the class schedule.  Successful completion of the syllabus quiz will add up to 2 points to your final average.




The assignments will be composed of short answer and multiple choice questions based on class lectures/discussions summarized in the powerpoints and on assigned material (textbook readings and other assigned materials). There are eight (8) scheduled assignments (see the course schedule in CourseDen for due dates). Each assignment counts for 8% of your point total (total of 64% for assignments). The assignments will be posted in CourseDen.  You will also submit your responses to the questions in each assignment in CourseDen.


The detailed class schedule is posted in CourseDen.

College/School Policies

Wolf Pact

Having read the Honor Code for the University of West Georgia, I understand and accept my responsibility to uphold the values described therein and to conduct myself in a manner that will reflect the values of UWG and the Richards College of Business so as to respect the rights of all UWG community members. As a UWG student, I will represent myself truthfully and complete all academic assignments honestly and within the parameters set by my instructor.

I understand and accept that if I am found guilty of violations (through processes due me as a UWG student and outlined in the UWG Student Handbook), penalties will be imposed.

I also recognize that my responsibility includes a willingness to confront members of the UWG community if I feel there has been a violation of the Honor Code.  

Ultimately, I will conduct myself in a manner that promotes UWG as the best place to work, learn, and succeed for my generation, and those to come!

About the Richards College of Business

To become a globally recognized college of business preparing forward-thinking, responsible leaders.

We are in the business of transforming lives through education, engagement, and experiences.

Strategic Goals and Values

Student Success
Admit quality students and provide them with an education that is rich in experiences and engagement opportunities to prepare them to be effective and ethical professionals.

Academic Success
Recruit, retain and develop faculty and staff by providing sufficient resources to support dynamic and up-to-date bachelor and master-level curricula, to conduct research and other professional activities, and to support engagement with all stakeholders.

Operational Success
Recruit, retain and develop administrative management and staff personnel to manage, develop and support infrastructure and those activities that build internal and external partnerships while working in an ever-changing environment.

Ethical Values
The Richards College of Business community (administrators, faculty, staff, students, and business partners) share a commitment to the principles of honesty and integrity in interactions and undertakings, accountability for personal behavior, and respect for the rights, differences, and dignity of others. In addition, we strive to continuously improve our abilities to recognize unethical behavior and to make ethical and moral decisions.

Institutional Policies

Academic Support

Accessibility Services: Students with a documented disability may work with UWG Accessibility Services to receive essential services specific to their disability. All entitlements to accommodations are based on documentation and USG Board of Regents standards. If a student needs course adaptations or accommodations because of a disability or chronic illness, or if he/she needs to make special arrangements in case the building must be evacuated, the student should notify his/her instructor in writing and provide a copy of his/her Student Accommodations Report (SAR), which is available only from Accessibility Services. Faculty cannot offer accommodations without timely receipt of the SAR; further, no retroactive accommodations will be given. For more information, please contact Accessibility Services.

Center for Academic Success: The Center for Academic Success provides services, programs, and opportunities to help all undergraduate students succeed academically. For more information, contact them: 678-839-6280 or [email protected]

University Writing Center: The University Writing Center assists students with all areas of the writing process. For more information, contact them: 678-839-6513 or [email protected]

Online Courses

UWG takes students’ privacy concerns seriously: technology-enhanced and partially and fully online courses use sites and entities beyond UWG and students have the right to know the privacy policies of these entities. For more information on privacy and accessibility for the most commonly used sites, as well as technology requirements visit the UWG Online site.

Students enrolled in online courses can find answers to many of their questions in the Online/Off-Campus Student Guide.

If a student is experiencing distress and needs help, please see the resources available at the UWG Cares site. Online counseling is also available for online students.

Honor Code

At the University of West Georgia, we believe that academic and personal integrity are based upon honesty, trust, fairness, respect, and responsibility. Students at West Georgia assume responsibility for upholding the honor code. West Georgia students pledge to refrain from engaging in acts that do not maintain academic and personal integrity. These include, but are not limited to, plagiarism, cheating, fabrication, aid of academic dishonesty, lying, bribery or threats, and stealing. 

The University of West Georgia maintains and monitors a confidential Academic Dishonesty Tracking System. This database collects and reports patterns of repeated student violations across all the Colleges, the Ingram Library, and the School of Nursing. Each incidence of academic dishonesty is subject to review and consideration by the instructor, and is subject to a range of academic penalties including, but not limited to, failing the assignment and/or failing the course. Student conduct sanctions range from verbal warning to suspension or expulsion depending on the magnitude of the offense and/or number of offenses. The incident becomes part of the student’s conduct record at UWG.

Additionally, the student is responsible for safeguarding his/her computer account. The student’s account and network connection are for his/her individual use. A computer account is to be used only by the person to whom it has been issued. The student is responsible for all actions originating through his/her account or network connection. Students must not impersonate others or misrepresent or conceal their identities in electronic messages and actions. For more information on the University of West Georgia Honor Code, please see the Student Handbook.

UWG Email Policy

University of West Georgia students are provided a MyUWG e-mail account. The University considers this account to be an official means of communication between the University and the student. The purpose of the official use of the student e-mail account is to provide an effective means of communicating important university related information to UWG students in a timely manner. It is the student’s responsibility to check his or her email.

Credit Hour Policy

The University of West Georgia grants one semester hour of credit for work equivalent to a minimum of one hour (50 minutes) of in-class or other direct faculty instruction AND two hours of student work outside of class per week for approximately fifteen weeks. For each course, the course syllabus will document the amount of in-class (or other direct faculty instruction) and out-of-class work required to earn the credit hour(s) assigned to the course. Out-of-class work will include all forms of credit-bearing activity, including but not limited to assignments, readings, observations, and musical practice. Where available, the university grants academic credit for students who verify via competency-based testing, that they have accomplished the learning outcomes associated with a course that would normally meet the requirements outlined above (e.g. AP credit, CLEP, and departmental exams).

HB 280 (Campus Carry)

UWG follows University System of Georgia (USG) guidance:

You may also visit our website for help with USG Guidance:

Mental Health Support

If you or another student find that you are experiencing a mental health issue, free confidential services are available on campus in the Counseling Center. Students who have experienced sexual or domestic violence may receive confidential medical and advocacy services with the Patient Advocates in Health Services. To report a concern anonymously, please go to UWGcares.

ELL Resources

If you are a student having difficulty with English language skills, and / or U.S. culture is not your home culture, specialized resources are available to help you succeed. Please visit the E.L.L. resource page for more information.


Proctored Exams/Online Instruction: Students should be aware and plan ahead for the possibility of having to complete all courses and/or exams online or in a proctored environment. This means talking with your instructors about what minimum technical requirements (software and hardware) will be required should your class move online or a student's personal needs dictate. This also includes making plans for internet access at whatever location participation may occur.

Virtual or in-person proctored exams, if your instructor should require them, may result in an additional cost to the student. Please discuss these details with your instructor or see the information provided here.

Face Coverings: Effective July 15, 2020, University System of Georgia institutions, including the University of West Georgia, will require all faculty, staff, students, and visitors to wear an appropriate face covering while inside campus facilities/buildings where six feet social distancing may not always be possible. Face covering use will be in addition to and is not a substitute for social distancing.

Face coverings are not required in campus outdoor settings where social distancing requirements are met. Anyone not using a face covering when required will be asked to wear one or must leave the area.

Reasonable accommodations may be made for those who are unable to wear a face covering for documented health reasons.

Student FAQs: For more information about UWG COVID-19 guidance for students visit the Student FAQ webpage


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