SOLUS is Queen’s Student On-Line University System. You’ll have access to a SOLUS account once you become a Queen’s student. You’ll use SOLUS to register for courses, add and drop courses, update your contact information, view financial and academic information, and pay your tuition.
Introductory Macroeconomics
ECON 112/3.0
An introduction to macroeconomic analysis of the economy as a whole, including the determination of national income, the price level, interest rates, the money supply, and the balance of payments. The principles of monetary and fiscal policy are also examined. ECON 111/3.0 and ECON 112/3.0 are together equivalent to ECON 110/6.0.
Please note: This course is typically offered in the fall term
Learning Outcomes
Learning Outcomes
- Use the basic analytical principles and tools of modern economics to understand and assess observed economic phenomena, contemporary economic problems and government economic policies.
- Describe and model the relationships between aggregate economic variables, including national output, the level of aggregate consumption and investment, interest rates, employment and unemployment, and the average level and rate of change of all prices.
- Explain how government policies influence the aggregate behaviour and performance of an economy.
Topics
Microeconomic Foundations | Chapter 1 |
Introduction to Macroeconomics | Chapter 20 |
The Economy in the Short-Run | Chapter 24 |
The Economy in the Long-Run | Chapter 26 |
Money, Banking, and Monetary Policy | Chapter 27 |
Macroeconomic Problems | Chapter 31 |
Open Economy Macroeconomics | Chapter 35 |
Description
The purpose of the course is to introduce students to the basic analytical principles and tools of modern macroeconomics, and to illustrate how these can be used to help understand observed economic phenomena, contemporary economic problems, and government economic policies.
In particular, macroeconomics studies the determination of aggregate economic quantities, such as the level of national output (and its rate of growth), the level of total employment and the rate of unemployment, and the average price level and rate of inflation. Macroeconomics also examines how government policies influence the aggregate behavior and performance of the economy.
Terms
Fall 2022
Course Dates:
Sept. 6 - Dec. 5, 2022
Exam Dates:
Dec. 8 - 22, 2022
Evaluation
30% - Quizzes (best 5 of 6)
20% - Assignments (best 2 of 3)
50% - Proctored Final exam
Live Sessions
This course has optional live sessions (e.g. webinars, synchronous activities).
STUDENTS ENROLLED IN ONLY ONLINE COURSES WILL HAVE TWO OPTIONS TO WRITE THEIR EXAMS:
- You may choose to write your exam(s) online using Examity proctoring services where you will be charged the additional $100 exam fee; or
- You may choose to write your exam(s) in-person on Queen's campus in Kingston where you will NOT be charged the additional $100 exam fee.
LOCATION AND TIMING OF FINAL EXAMINATIONS
Once the exam schedule has been finalized the exam date will be posted on your SOLUS account. The exam dates for each Term are listed on the Faculty of Arts and Science webpage under "Important Dates." Student exam schedules for the Fall Term are posted via SOLUS immediately prior to the Thanksgiving holiday; for the Winter Term they are posted on the Friday before Reading Week, and for the Summer Term they are individually noted on the Arts and Science Online syllabi. Students should delay finalizing any travel plans until after the examination schedule has been posted. Exams will not be moved or deferred to accommodate employment, travel/holiday plans or flight reservations.
Instructor
TBA
Textbooks and Materials
ASO reserves the right to make changes to the required material list as received by the instructor before the course starts. Please refer to the Campus Bookstore website at http://www.campusbookstore.com/Textbooks/Search-Engine to obtain the most up-to-date list of required materials for this course before purchasing them.
Required Textbook
- Macroeconomics, with MyEconLab (Sixteenth Canadian Edition) by Ragan, Christopher T.S., Pearson, 2016.
**Materials Subject to Change**
Time Commitment
Students can expect to spend, on average, about 10 - 12 hours per week (120 hours per term) on the course.
Course Resources
About SOLUS
About OnQ
onQ is Queen's online learning platform. You'll log into onQ to access your course. All materials related to your course—notes, readings, videos, recordings, discussion forums, assignments, quizzes, groupwork, tutorials, and help—will be on the onQ site.
About Credit Units
Queen’s courses are weighted in credit units. A typical one-term course is worth 3.0 units, and a typical two-term course is worth 6.0 units. You combine these units to create your degree. A general (three-year) BA or BSc requires a total of 90 credit units.
Computer Requirements
To take an online course, you’ll need a high speed internet connection as well as a microphone and speakers to be able to watch videos, hear sounds, and participate in interactive online activities. A webcam is recommended but not necessary.
System Requirements:
Computer Specifications
- Windows 8.1 or newer
- OSX 10.13 (High Sierra) or newer
- Dual Core 2 GHz processor
- 4 GB RAM
- Soundcard
- USB Headset
- Webcam
Supported Browsers
- Chrome (preferred - latest version)
- Firefox (latest version)
- Safari is not recommended as it causes several known issues in onQ
- Edge is not recommended as it causes several known issues in onQ
Internet Connection
- Wired high speed access: Cable or better
- Wifi is not recommended
Java
- Latest version
Media Player
- Flash (latest version)
Adobe Reader
- Latest Version
Dates/Deadlines
The deadlines for new applications to Queen’s Arts and Science Online courses are in our Upcoming Application Dates section.
Grading Scheme
The information below is intended for undergraduate students in the Faculty of Arts and Science. Academic Regulations in other Faculties may differ.
| Letter Grade | Grade Point |
| A+ | 4.30 |
| A | 4.00 |
| A- | 3.70 |
| B+ | 3.30 |
| B | 3.00 |
| B- | 2.70 |
| C+ | 2.30 |
| C | 2.00 |
| C- | 1.70 |
| D+ | 1.30 |
| D | 1.00 |
| D- | 0.70 |
| F | 0.00 |
GPA Calculators
Have your SOLUS grade report handy and then follow the link to the Arts and Science GPA calculators.
How does this affect my academics?
See the GPA and Academic Standing page.
Follow the link above for an explanation of how the GPA system affects such things as the Dean’s Honour List, requirements to graduate, and academic progression.
Frequently Asked Questions on the Grading Scheme
Please follow this link to the FAQ's
Tuition Fees
Tuition fees vary depending when you start, your year, faculty, and program. Fees for Summer Term 2018 first-year Distance Career Arts & Science Domestic students are as follows: for a 3.0-unit course, $685.90; for a 6.0-unit course, $1371.80 See also Tuition and Fees.
Campus Bookstore
All textbooks, if required, can be purchased at Queen’s Campus Bookstore.
Non-Queen’s Students
All Queen’s Arts and Science Online courses are open to students at other universities. Before applying as a visiting student, request a Letter of Permission from your home university that states that you have permission to take the course and apply it to your degree. See also Apply.
Academic Integrity
Please see Queen’s policy statement on academic integrity for information on how to complete an online course honestly.
Delivery Mode:
Online
Equivalents:
ECON 111/3.0 and ECON 112/3.0 are together equivalent to ECON 110.
Exclusions:
No more than 6.0 units from ECON 110/6.0; ECON 111/3.0; ECON 112/3.0.
ApplyLearn more about applying to ASO!
CommunityThe full Queen's experience! See how we work hard to support and connect students.
Events
TBD - stay tuned!
E-Newsletter
Keep up to date with our most recent student e-newsletter, What's Up ASO.
