PRINCIPLES of MICROECONOMICS ECON 2200 Traditional version Columbus State Community College Please read all the syllabus information carefully. You can't play the game if you don't know the rules ... BE SURE TO CHECK UNDER "Calendar due dates" FOR IMPORTANT DATES & DEADLINES. TEXT Microeconomics : by McConnell and Brue 19 edition. You will need to have the code for CONNECT ancillary as well in order to complete the learn smart modules and home works. The text comes packaged with the CONNECT code at the bookstore at a lower price than buying it separately. HARDWARE AND SOFTWARE REQUIREMENTS PC windows 7.0 mac ; or access to college computer labs. The preferred browser is FIREFOX. Call (614) 287-3600 or (800) 621-6407 ext. 3660 for additional information. Adobe Reader is needed to read the pdf files. You need access to Blackboard to submit problem sets and quizzes. Having technical problems? Learner Support Services is available to assist students with technical questions/issues related to software and hardware from 7:30 a.m. to 10 p.m. Mondays through Thursdays and from 7:30 a.m. to 6 p.m. on Fridays. You can reach them at 287-5050. PREREQUISITES Placement into English 1100 (Beginning Composition) and completion OF MATH 1030 OR equivalent Simply put, you need good algebra & graphing skills and the ability to write effectively using standard English. COURSE DESCRIPTION An introductory course on the economic decision making approaches employed by individuals and firms. Topics include scarcity, opportunity cost, supply and demand, consumer choice, elasticity, market structure, profit maximization, resource markets, and international trade. The Ohio Board of Regents classifies class credit according to the preparation time required by students. This is a 3-credit course. It is anticipated that a student in this Econ 2200 will dedicate 9 hours per week to course preparation. COURSE OBJECTIVES To introduce you to the most important principles of microeconomics and show you how to apply them to the world in which we live. Additionally, the mission of the College (and this course) includes the following general education outcomes: effective communication, civic responsibility, mathematical inquiry, critical thinking, scientific inquiry, and literacy. ACADEMIC INTEGRITY I look forward to establishing a relationship with you based on mutual respect. YOU are responsible for what you achieve in this class! Neither cheating nor plagiarism will be tolerated. Plagiarism is the act of representing directly or indirectly someone else’s speech, wholly or partially, as your own; quoting without acknowledging the true source of quoted material; copying and handing in another person’s work with your name on it; and similar infractions. Even indirect quotations, paraphrasing, etc. can be considered plagiarism unless sources are properly cited. Cheating or plagiarism will result in a MINIMUM PENALTY of a zero on that assignment and will be reported to the Dean. 2013-2014 If you decide not to complete this course, please formally drop. Failure to officially withdraw will result in an "E" on your transcript. For help with schedule changes, talk with Registration Office staff in Madison Hall. FINANCIAL AID ATTENDANCE REPORTING If you are a financial aid recipient, attendance is monitored by your instructor and reported periodically during the quarter. Failure to attend may result in being academically withdrawn from a class. If you fail to attend when I take attendance in 2 consecutive weeks or 4 meetings in a row you will be dropped. Failure to complete an assignment in the first two weeks of the term will result in being dropped from the course and/or delaying the receipt of your financial aid. DISABILITY SERVICES It is College policy to provide reasonable accommodations to students with disabilities. To request such accommodations due to a physical, mental or learning disability, contact the st Department of Disability Services (1 floor Eibling Hall - 614-287-2570 [Voice/TTY]) and let your instructor know so we can talk about ways she might be helpful to you. INCLEMENT WEATHER POLICY Should severe weather cause Columbus State to close or cancel classes, that information will be broadcast on local radio and TV stations. Students living in areas where a Level 3 emergency is declared should not attempt to drive to campus even if we remain open. OUTCOMES ASSESSMENT Columbus State Community College is committed to assessment (measurement) of student achievement of academic outcomes. This process addresses the issues of what you need to learn in your program of study and if you are learning what you need to learn. The assessment program at Columbus State has four specific and interrelated purposes: 1. to improve student academic achievement; 2. to improve teaching strategies; 3. to document successes and identify opportunities for program improvement; 4. to provide evidence for institutional effectiveness. In class you are assessed and graded on your achievement of the outcomes for this course. You may also be required to participate in broader assessment activities. : 2013-2014 COURSE REQUIREMENTS 1) EXAMS Three 60 minute closed-book/multiple choice midterm exams -- 100 points each. Click on CALENDAR DUE DATES to find the exact deadline dates for the current quarter. The 2-hour comprehensive closed-book/multiple choice final is worth 200 points. Included in this syllabus is a list of the Core Units & Content covered on the final. Check the Calendar under course information Button for exact dates. Missing an exam deadline will result in using the score on the final over the sections of the missed exam at a 70% rate. That is if you should miss exam one I will use your score on the material over chapters 1,2,3 and 23 on the final and multiply your % correct by 70% and scale it to the 100 point exam total. Suppose you answered 80% of the questions on the final on these sections correct. I would then multiply that by 70% resulting in a 56/100 on midterm 1. 2) APPLICATION PAPERS Over the course of the quarter you will be writing 2 short (2 typed double-spaced pages + a graph page) application papers. The economic principles are prescribed. For the optional extra credit paper, you may select any other microeconomics topic covered in the assigned chapters. Your task in these papers is two-fold: (1) demonstrate a thorough understanding of a particular economic concept; and (2) show you can apply that concept to everyday events. Fax or e-mail date stamp counts as the submission date for all papers. Late papers are assessed a 1 point penalty per day. No papers accepted after the Wednesday of Final Exam Week. Click the COURSE MATERIAL-APPLICATION PAPERS buttons for more information about how to write/submit these papers. PRACTICE QUIZZES(DO NOT Count in your grade) They are PRACTICE and do NOT count toward your final grade. These are the quizzes in the Course Material section. You should do well on these as they apply concepts and are similar to exam type questions. I highly recommend that you practice on these questions. Free access questions are found at www.econtoday.com. These questions are from an old text, you’ll have to match the chapter content to what you are studying 3) 2013-2014 QUIZZES THAT COUNT These are found in the QUIZZES folder under the assignment button. Quizzes are available from the first day until Tuesday of finals week at 11:59PM. I suggest you take them after reading and studying the respective units. 2013-2014 4) PROBLEM SETS There are 7 problem sets for this course. You MUST complete at least 5 of these. They are worth 20 points each for a total of 100 points. I will record your best 5 problem sets. These sets are provided to give you practice in applying the economic concepts. I encourage you to complete them all. Deadlines for the problem sets are provided in the CALENDAR DUE DATES button. You will open the button "Problem set" and see three folders. The first has the actual problem sets and it is titled, “Problem sets.”Open the appropriate problem set and work it out. Once you have done that, open the "Problem set submission form" to answer questions concerning the problem set you completed. You may access the submission form TWICE before the deadline. I'd printout the questions and submit my answers; see how I did and go back and try to fix any errors I have on my second attempt. All deadlines are 11:59 PM EST on the dates found in the Calendar Due Dates portion of the course. After the submission deadline the answers to the problem sets will be made available in THEREFORE THESE CANNOT BE MADE UP AFTER THE DEADLINE AS ANSWERS ARE POSTED the 3rd folder, "Problem set answers." If you complete all 7 problem sets with scores above 10, you will receive a 10 point bonus. Be sure to review the "HOW TO..." button and files to prepare and see how to approach the problem sets. 2013-2014 5) Learn smart modules These are modules that have you answer question over each chapter. You will access these through the CONNECT link on BB. You will see a flash card that asks a question; first you will be asked about your confidence in answering the question; then you will be able to answer the question. More points accumulate for higher confidence and correct answers. Completion of the module will take anywhere form 30 minutes to 1 hour and 20 minutes depending on the amount of material for the chapter. Wrong answers will have you redirected to additional questions to build up your economic knowledge and will cause a greater length of time to finish the module. Repeated wrong answers will result in a time out and take you directly to the part of the text on the subject matter, further extending your time to completion. Completion of all modules will result in an accumulation of 150 graded points. Each module has its own respective deadline…see the calendar for those. 6) CONNECT Home Works In addition to the problem sets there are 5 CONNECT home works worth 10 points apiece. These fill in the gaps of material not covered by the problem sets and pertain to Chapters 1,2,5, 11 and 13. You will access these and answer them via CONNECT through the link on Bb. Each has its own respective due date (see calendar for each of these). 7) Additional opportunity to succeed You may earn extra credit (a possible 50 pts) by writing an extra credit paper. Follow the same format you used for Paper #2. You are not required to do any extra credit. Your extra credit paper cannot be submitted until you have taken both midterm exams. A student must have completed both required papers in a timely fashion to be eligible for extra credit. No late extra credit papers accepted. OR you can submit the extra credit problem set found in the Paper Assignments and Extra Credit Button. Due Tuesday of Finals week by 11:59pm. 2013-2014 GRADING Requirement 2 application papers 3 Midterms Comprehensive final 5 problem sets (best of 7) 5 online quizzes (best of 7) 5 connect home works Learn Smart modules Points per 75 100 200 20 10 10 5-15 TOTAL Total points 150 300 200 100 50 50 150 1000 points Grading scale Grade A B C D E Points 900 800-899 700-799 600-699 Below 600 % 90+ 80-89 70-79 60-69 Below 60 Please refer to “my Grades” on BB to see your score on assignments and your total points. Your total points will be found in the 2nd row marked “Total Graded points.” Papers, exams and extra credit or bonuses are manually entered. 2013-2014
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