The American Politics/Government course was developed through the Ohio Department of Higher Education OER Innovation Grant. This work was completed and the course was posted in September 2018. The course is part of the Ohio Transfer Assurance Guides (TAGs) as OSS 011. For more information about credit transfer between Ohio colleges and universities, please visit: https://transfercredit.ohio.gov.Team LeadTimothy Kinsella                                  Ursuline CollegeContent ContributorsSharon Deubreau                                Rhodes State CollegeJonathan Kreger                                  Columbus State Community CollegeNathaniel Swigger                               Ohio State University – NewarkLibrarianTimothy Sandusky                               Ohio Dominican UniversityReview TeamRobert Postic                                       University of Findlay

Public Policy (Economic, Environmental, Welfare, Education)The resources included here are intended to map to the following learning objectives for an American Government Course:Identify different forms of taxation and how they affect different economic classes.Investigate the trade-offs in various public policy decisions (e.g. Affordable Care Act vs. free market healthcare vs. socialized medicine.)Define budget deficits and differentiate it from the national debt, and identify how government debt is different from debts held by individuals.Discuss the basics of the federal budget process and major spending items.Be able to differentiate between fiscal and monetary policy and identify the key actors for both.Explain the outlines of immigration policy and be able to define key terms like: DREAMers, DACA, chain immigration, etc.

By the end of this section, you will be able to:

Differentiate among a floating exchange rate, a soft peg, a hard peg, and a merged currency
Identify the tradeoffs that come with a floating exchange rate, a soft peg, a hard peg, and a merged currency

By the end of this section, you will be able to:

Identify U.S. budget deficit and surplus trends over the past five decades
Explain the differences between the U.S. federal budget, and state and local budgets

By the end of this section, you will be able to:

Explain the reason for open market operations
Evaluate reserve requirements and discount rates
Interpret and show bank activity through balance sheets

By the end of this section, you will be able to:

Explain the structure and organization of the U.S. Federal Reserve
Discuss how central banks impact monetary policy, promote financial stability, and provide banking services

By the end of this section, you will be able to:

Describe microeconomics
Describe macroeconomics
Contrast monetary policy and fiscal policy

This is a Principles of Macroeconomics Course developed through the Ohio Department of Higher Education OER Innovation Grant. This work was completed and the course was posted in January 2019. The course is part of the Ohio Transfer Assurance Guides (TAGs) as OSS 005. For more information about credit transfer between Ohio colleges and universities, please visit: www.ohiohighered.org/transfer.Team LeadAmyaz Moledina                                  College of WoosterContent ContributorsRosemarie Emanuele                          Ursuline CollegeKenneth Fah                                        Ohio Dominican UniversityDarcy Hartman                                    Ohio State University – NewarkLibrarianNathan Wolfe                                       Kenyon CollegeReview TeamSeth Kim                                              Central Ohio Technical CollegeJoe Nowakowski                                  Muskingum University 

This topic discusses the role of a central banks and monetary policy. Monetary policy is contextual and particular to the unique institutional features of the economy of interest. For example, Chinese Monetary policy would be very different from US Monetary Policy. In order to understand monetary policy contextually it helps to start with the historical evolution of the institution (learning objective 2). This is a good way for students to see the value of economic history as a subfield. Other important topics include an understanding of how a Central Bank conducts Monetary Policy and how this Monetary Policy affects Economic Outcomes. Also important are the pitfalls of Monetary Policy and case studies on various attempt at bank regulation which are getting more and more relevant.