ECON 2630 06: Principles of Macroeconomics

ECON 2630 - Principles 2: Macroeconomics

Fall 2026 Syllabus, Section 06, CRN 41914,

Credit hours: 3

Course Meeting Times

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Instructor

Tomi Ovaska, Ph.D. (Econ.)

Email: tpovaska@ysu.edu

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Public Instructor Information

Instructor Title:
Professor of Economics
Instructor Professional Qualifications:
Ph.D. (Economics), West Virginia University, 2003
M.A. (Political Science), University of Jyväskylä, Finland, 1997
Instructor Office Location:
Williamson Hall 3343
Instructor Office Phone:
+1-(330) 941-3434

Private Instructor Information

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Course Description

2630. Principles 2: Macroeconomics. Studies of growth, inflation, and unemployment at the national level and the performance of the U.S. economy in the global setting. The impacts of national economic policies on individual and social welfare. An extensive discussion and evaluation of the U.S. banking system and its effects on individuals and businesses. 3 s.h.

Course Readings

Group Title Author ISBN
Required Principles of Macroeconomics Frank, Robert H., Ben S. Bernanke, Kate Antonovics, and Ori Heffetz
Required Connect access card McGraw Hill

Full citation: Frank, Bernanke, Antonovics & Heffetz: Principles of Macroeconomics. 2024 Evergreen Release. McGraw Hill: New York, NY

Note: The card is needed to access the SmartBook and Role-play assignments of the course. Both the book and the card are included in YSU's First-Day-Ready program.

The course readings are subject to change in the event of extenuating circumstances, research developments, current events, and/or to ensure better learning.  

Additional Course Materials

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Course Learning Objectives

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How to Succeed in This Course

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Attendance Expectations

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Late Work Submission Policy

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Additional Course Expectations

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Artificial Intelligence Policy Statement

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Assignments/Assessments

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Grading and Grading Scale

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University Policies

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Schedule of Topics and Assessments

Week of Reading(s) Proposed Topic Due/To Prepare for Class
8/24 Book: Principles of Macroeconomics
Chapter 4: Macroeconomics: The Bird’s-Eye View of the Economy
SmartBook Ch 4
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.
See the chapter titles
.
.
Read relevant chapter before new lecture.
8/31 Chapter 5: Measuring Economic Activity: GDP and Unemployment
SmartBook Ch 5
9/7 Chapter 6: Measuring the Price Level and Inflation
SmartBook Ch 6
9/14 Chapter 7: Economic Growth, Productivity, and Living Standards
SmartBook Ch 7
9/21 Chapter 8: The Labor Market: Workers, Wages, and Unemployment
SmartBook Ch 8
Exam 1
9/28 Chapter 9: Saving and Capital Formation
SmartBook Ch 9
10/5 Chapter 10: Money, Prices, and the Federal Reserve
SmartBook Ch 10
10/12 Chapter 11: Financial Markets and International Capital Flows
SmartBook Ch 11
10/19 Chapter 12: Short-Term Economic Fluctuations: An Introduction
SmartBook Ch 12
10/26 Chapter 13: Spending and Output in the Short Run
SmartBook Ch 13
Exam 2
11/2 Chapter 14: Stabilizing the Economy: The Role of the Fed
SmartBook Ch 14
11/9 Chapter 15: Aggregate Demand, Aggregate Supply, and Inflation
SmartBook Ch 15
11/16 The Econ OverLord macroeconomic game.
Art Assignment
11/23 Contemporary topics
11/30 Course summary
Exam 3

The course schedule, policies, procedures, and assignments in this course are subject to change in the event of extenuating circumstances, by mutual agreement, and/or to ensure better learning.