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2024-2025_hosf2313

The course 'Macroeconomics: Canada in the Global Environment' at George Brown College covers fundamental economic concepts, key indicators of economic health, and the roles of monetary and fiscal policy in stabilizing the Canadian economy. Students will learn to analyze economic problems, price influences, business cycles, and government interventions. The course includes lectures, assessments, and strict attendance policies, with a focus on academic integrity and student support services.

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Faye Tran
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© © All Rights Reserved
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0% found this document useful (0 votes)
5 views

2024-2025_hosf2313

The course 'Macroeconomics: Canada in the Global Environment' at George Brown College covers fundamental economic concepts, key indicators of economic health, and the roles of monetary and fiscal policy in stabilizing the Canadian economy. Students will learn to analyze economic problems, price influences, business cycles, and government interventions. The course includes lectures, assessments, and strict attendance policies, with a focus on academic integrity and student support services.

Uploaded by

Faye Tran
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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MACROECONOMIC: CANADA IN THE GLOBAL ENVIRONMENT

George Brown Chef School


Course Code: Co-Requisites: Pre-Requisites:
HOSF2313 Please see Course Related Please see Course Related
Information Information
Applicable Program(s): Core/Elective:
H315 - Honours Bachelor of Core
Commerce (Culinary Management)
H316 - Honours Bachelor of Core
Commerce (Culinary Management)
Prepared by: Nishreena Nisham, Professor
Approved by: Tara Montgomery-Ferguson, Associate Dean, The Chef School
Approval Date: Friday, September 13, 2024
Approved for Academic Year: 2024-2025
Contact Hours: 42.00
Credit Hours: 3.00

Course Description

This course begins with an examination of basic economic concepts, such as scarcity, economic modeling, and
price determination (demand/supply model). It continues with an introduction to each of the key indicators of
economic health (unemployment, economic growth, and inflation) and their measurement in Canada. The course
concludes with an analysis of how the Bank of Canada and Government of Canada use monetary and fiscal policy,
respectively, to help stabilize the Canadian economy.

Course Learning Outcomes

When you have earned credit for this course, you will have demonstrated the ability to:

CLO 1 Analyze the basic economic problem faced by all individuals and societies.
CLO 2 Analyze the factors which influence rising, falling and stable prices.
CLO 3 Use various economic measurements and characteristics to determine the current phase of an
economy's business cycle.
CLO 4 Analyze fiscal practices used by governments to intervene in an economy.
CLO 5 Analyze practices used by the Bank of Canada to intervene in the economy.

Learning Resources

© 2024 George Brown HOSF2313 - MACROECON:CANADA IN GLOBL ENVR, Page 1/8


Textbook:
Macroeconomics. Glenn Hubbard; Anthony O'Brien; Jason Childs; Apostolos Serletis. Third Canadian Edition.
Pearson Canada.

Delivery Methods/Learning Activities

Lectures, slide shows, class activities, graphs and charts

Course Related Information

Additional Information on Grading System


A course pass of 50% and an overall program GPA of 67% is required.

School Related Information

Attendance:

Laboratory Class:
Grades are only assigned to labs that students participate in, which means attendance is an essential element to a
student’s success. For a student to be eligible to pass, they must demonstrate proficiency in the course outcomes
with no less than an 80% attendance in the practical labs. Below this, the student will jeopardize their successful
completion of the course and it may lead to failure of the course. If a student is not able to successfully complete the
course, they will be required to take the entire course again. Missing classes due to illness will be reviewed by the
professor on a case by case basis. Professors should be notified about absences before class begins.

Theory Class:
Attendance in classes is necessary in order to cover a course adequately. Regular participation in class discussion
and completion of all term work are usually essential in obtaining a satisfactory standing.

Student Requirement for Laboratory Classes & Placement:


Turn off cell phones and all listening devices during the scheduled class time
No exposed piercings or jewelry
Clean chefs white jacket - wrinkle free
Clean chefs pants (hemmed, no rollups)
Clean white apron
Clean chefs hat
Black leather safety shoes (no running shoes) - CSA Approved
Appropriate recipes

© 2024 George Brown HOSF2313 - MACROECON:CANADA IN GLOBL ENVR, Page 2/8


Appropriate tools and small wares
Four clean cloths needed for each shift

Please review the George Brown Chef School Student Lab Standards and Expectations.
(https://www.georgebrown.ca/media/chef-school-student-standards-and-expectations)

Assignment Policy:
Assignments are due on the dates indicated unless prior arrangements have been made with your instructor for an
extension. The due dates will either be announced in class, on the course outline, or on D2L Brightspace. If an
assignment deadline is missed due to unforeseen circumstances, it is the student’s responsibility to contact the
professor as soon as possible to explain the situation. If an assignment deadline was missed for a valid reason, an
extension of up to one week from the original deadline may be granted. It is up to the professor to give an extension.
Other late assignments will be accepted for up to one week beyond the original deadline subject to a late penalty of
5% per day. No assignments will be accepted beyond one week after the original assigned date.
Or
Late assignments will be handled at the professor’s discretion, in that they may not be accepted or may incur a late
penalty. Plagiarism of any part of an assignment will not be accepted and the student will receive a mark of 0 for the
assignment.
Please review the George Brown College Academic Integrity Policy.
(https://www.georgebrown.ca/media/26)

Testing Policy:
Test dates and assignment due dates will be provided to the students on the first day of the course during the
course outline orientation and/or will be posted on D2L Brightspace and/or on the course outline. These dates have
been established by the professor in collaboration with other professors. It is the intention of the faculty to distribute
the workload evenly throughout each semester. Tests are to be written on the dates indicated unless prior
arrangements have been made with the professor to write the test on an alternate date. If a test is missed due to
unforeseen circumstances, it is the student’s responsibility to contact the professor as soon as possible to explain
the situation. If a test was missed for a valid reason, at the professor’s discretion the student may be permitted to
write a make-up test. Students without a satisfactory explanation will score 0 on the missed test.
If a student arrives to write the test after 1 or more students have completed the test, the student will not be
permitted to write the test and will need to discuss the situation with the professor. If a student arrives late to write
the test the student will not be given extra time to complete the test. There are no supplemental assignments for
missing a test. Students requesting accommodations must present appropriate documentation and submit a
request/reminder email to the professor at least 3 days before a scheduled test.
For further information regarding accommodations please visit Accessible Learning Services.
(https://www.georgebrown.ca/current-students/services/accessible-learning-services)

Students caught cheating on a test/exam will receive a mark of zero.

Allergies:
Students should be aware that various allergens including nuts, dairy and shellfish are routinely used in practical

© 2024 George Brown HOSF2313 - MACROECON:CANADA IN GLOBL ENVR, Page 3/8


labs. GBC is committed to training students about food allergies and how to prevent, prepare for and respond to
food allergies and allergens. Please note that the George Brown College Chef School is not an allergen free space.

Food Waste:
Students will be taught the importance of minimizing food waste and are encouraged to participate in donating extra
food to food banks.

Name Tags:
Name tags will be issued to all 1st semester students. It is mandatory to wear a name tag during lab classes. The
replacement cost for lost or damaged name tag is $6 (cash only).

Religious Observations:
George Brown College is sensitive to religious observances. However, while products purchased for production and
consumption meet all provincial and federal regulations, they may not meet specific dietary laws related to halal and
kosher foods.

Code of Non-Academic Student Behaviour:


The College seeks to foster a safe and respectful learning community that is animated by the principles of access,
diversity and inclusion, mutual respect and accountability. This Code of Non-Academic Student Behavior outlines
the College’s expectations for student behaviour and includes the procedure that will be followed before the College
imposes a sanction. Please review the Code of Non-Academic Student Behaviour.
(https://www.georgebrown.ca/media/code-of-non-academic-student-behaviour)

Assessment of Student Learning Policy:


George Brown College is committed to ensuring that all students are provided with an equitable framework to
ensure fair treatment with respect to the conduct and scheduling of formal learning assessments, grading, and
handling of student work once an assessment is complete. Please review the Assessment of Student Learning
Policy.
(https://www.georgebrown.ca/media/41)

Expression of Educational Concerns and Complaints Policy:


This policy provides transparent information to the George Brown College community on how program-level and
college-wide academic concerns and complaints will be managed. It is the intent of this policy to ensure that
students have access to a clear process that is founded on fairness, impartiality, accessibility, respect, and
responsiveness. Please review the Expression of Educational Concerns and Complaints Policy.
(https://www.georgebrown.ca/sites/default/files/policies/expression-of-educational-concerns-and-complaints-
policy.pdf)

Please familiarize yourself with all George Brown College Policies.


(https://www.georgebrown.ca/about/policies)

© 2024 George Brown HOSF2313 - MACROECON:CANADA IN GLOBL ENVR, Page 4/8


George Brown Related Information

ACKNOWLEDGEMENT OF THE TRADITIONAL LAND


George Brown College is located on Treaty 13, the traditional territory of the Mississaugas of the Credit First Nation
and neighbouring Indigenous Peoples who continue to live in the area. Today, this meeting place is still home to
many distinct Indigenous peoples from across Turtle Island. We are grateful to share this land as treaty people who
learn, work, and live in the community with each other.

PROGRAM LEARNING OUTCOMES


College programs are designed to deliver program learning outcomes that relate to the unique content of a particular
area of study. To review the specific program learning outcomes for your program, please go to your program page
on the George Brown College website at https://www.georgebrown.ca/

IMPORTANT PROGRAM INFORMATION


Students are advised to consult program coordinators regarding specific requirements for successfully completing
their program, including adding/dropping courses and other issues that might disrupt their course of study.

RETENTION OF COURSE OUTLINES


Students are expected to retain their course outlines to support learning in the course and for future use in
applications for transfer of credit to other educational institutions.

COLLEGE POLICIES
It is essential that students review all college policies, including Academic Policies available at
https://www.georgebrown.ca/policies.

ACADEMIC INTEGRITY
Academic Integrity is a commitment, even in the face of adversity, to honesty, trust, fairness, respect, responsibility,
and courage. Academic integrity ensures the credibility of our education system, promotes fair assessment, and
prepares students for ethical professional practices. Use of unauthorized assistance in any form of academic work
(e.g., assignments, written tests or assessments, portfolios, or any other assessment) is prohibited and constitutes
academic misconduct.

Academic misconduct occurs when a student engages in a breach (such as cheating, plagiarism, or failing to
disclose the use of Generative AI) to try to gain an unfair advantage. Students are required to read and understand
the College’s Academic Integrity Policy. If you are uncertain about academic integrity expectations, including
whether the use of generative AI is permitted, please speak to your professor. To support these principles,
professors may request the use of various tools, including text matching software, to detect and prevent academic
integrity violations.

DIGITAL LEARNING REQUIREMENTS


Students are required to have access to a computer and to the internet. There may also be additional technology-

© 2024 George Brown HOSF2313 - MACROECON:CANADA IN GLOBL ENVR, Page 5/8


related requirements to participate in a course, such as headphones, webcams, specialized software, etc. Details on
these requirements can be found in the course outline for each course.

The Library Learning Commons (LLC) has a limited number of devices including laptops and portable WIFI devices
to support students; however, the LLC cannot guarantee access to a device for all students.

ACCESSIBLE LEARNING SERVICES FOR STUDENTS


Accessible Learning Services facilitates academic support and services for George Brown College students with
physical, sensory, learning, medical or mental health disabilities. Delivered in collaboration with academic
departments and other service areas, these services are available to students in all programs at all campuses.

George Brown College is committed to upholding a student’s right to individualized and timely accommodation that
promotes dignity, independence, autonomy, equity, and inclusion for the student. In addition to our current supports,
we are working to eliminate barriers by increasing access to alternate formats, planning accessible buildings and
classrooms, enhancing employee training, and adopting inclusive practices in placement and on campus.

Only those involved in a student’s accommodation plan shall be alerted to their registration with Accessible Learning
Services, and a student’s registration with Accessible Learning Services will not be identified on the student’s official
college transcript and/or graduation documentation. For more information, please visit the
Accessible Learning Services website at http://www.georgebrown.ca/accessible-learning-services/ or call 416-415-
5000 ext. 2622 or email [email protected]

EQUITY STATEMENT
George Brown College values the diversity of our students, employees, and community partners, and is committed
to providing a learning environment where all people are safe and respected. Comments, behaviours, or interactions
that are inconsistent with our values may be a violation of the following college policies: Sexual Assault and Sexual
Violence, Human Rights Discrimination and Harassment, and the Prevention of Workplace Violence and
Harassment. These types of actions or comments are not acceptable and will not be tolerated. The commitment and
cooperation of all students and employees is required to maintain a welcoming environment in which to learn and
work.

Support and information are available through a Human Rights Advisor at [email protected] or the Sexual
Violence Response Advisor at [email protected]

For information on the relevant policies visit https://www.georgebrown.ca/diversity/

Student Evaluation System

© 2024 George Brown HOSF2313 - MACROECON:CANADA IN GLOBL ENVR, Page 6/8


Below is a list of evaluation methods included in this course along with the course learning outcomes (CLO) and
essential employability skills (EES) assessed by each. In some cases, program learning outcomes (PLO) assessed
may also be indicated.

Test(s) (20%)
Test 1
Validates Outcomes: CLO 1, CLO 2, CLO 3, CLO 4
Test(s) (30%)
Test 2
Validates Outcomes: CLO 1, CLO 2, CLO 3, CLO 4, CLO 5
Final Exam (40%)
Validates Outcomes: CLO 1, CLO 2, CLO 3, CLO 4, CLO 5
Participation (10%)
Validates Outcomes: CLO 1, CLO 2, CLO 3, CLO 4, CLO 5

Prior Learning Assessment and Recognition

Prior learning assessment and recognition (PLAR) is a process that gives students the opportunity to obtain
academic credit for one or more courses in a certificate, diploma or degree based on demonstrated prior learning
acquired through life experiences before enrollment in a program. More information regarding PLAR can be found
on the GBC website at: http://www.georgebrown.ca/plar/

• This course is PLAR eligible, please see Program Coordinator/Chair for more information.

Grading System

The passing grade for this course is 50% / "D"


Final Grade Percentage Weight

A+ 90-100 4.0

A 86-89 4.0

A- 80-85 3.7

B+ 77-79 3.3

B 73-76 3.0

B- 70-72 2.7

C+ 67-69 2.3

C 63-66 2.0

C- 60-62 1.7

D+ 57-59 1.3

D 50-56 1.0

© 2024 George Brown HOSF2313 - MACROECON:CANADA IN GLOBL ENVR, Page 7/8


Refer to the Evaluation System on this outline for information on how marks are distributed. More detailed
information on assessments may also be found in your Course Section document.

As per Office of the Registrar Policies:

“A” Range = GPA 4.0-Consistently exceeds (course) requirements; shows evidence of being well-organized; shows
original and creative thinking and a superior grasp of subject matter.

“B” Range = GPA 3.0-Shows consistent performance and evidence of being well-organized, shows elements of
original and creative thinking; has a strong grasp of subject matter

“C” Range = GPA 2.0-Applies the subject matter appropriately; comprehends the subject matter.”

"D" Range = GPA 1.0-The student inconsistently applies and communicates knowledge of the subject matter

"F" Range = GPA 0.0-The student fails to apply and communicate an understanding of the subject matter.

Additional information regarding grading for this course may also be found in the "Course Related Information"
section of this course outline.

Legend

Terms
•ILO: Indigenous Learning Outcome
•Apprenticeship LO: Apprenticeship Learning Outcome
•CLO: Course Learning Outcome
•DPLO: Degree Program Learning Outcome
•EES: Essential Employability Skill
•EOP: Element of Performance
•GELO: General Education Learning Outcome
•LO: Learning Outcome
•APO: Additional Program Outcome
•PLA: Prior Learning Assessment
•PLAR: Prior Learning Assessment and Recognition
•PLO: Program Learning Outcome

© 2024 George Brown HOSF2313 - MACROECON:CANADA IN GLOBL ENVR, Page 8/8

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