SYLLABUS
ECO – 232 – 01
3 Credit Hours
Principles of Microeconomics
Spring 2011
Course Information
Prerequisite(s)
Course
Description
Student
Learning
Outcomes
Class days
and time
Campus and
Class location
Required
textbook and
Course
Materials
Last Date of
Withdrawal
Make-up
policy
Daily
Activities,
Class
Participation,
Pop Quizzes,
etc.
Final
Examination
None
This course is an introduction of the microeconomic theory, analysis, and applications.
Topics include scarcity, the theories of consumer behavior, production and cost,
markets, output and resource pricing, and international aspects of Microeconomics.
Students will acquire an understanding of the role of supply and demand, consumer
and market behavior, efficiency advantages in a market and the role of prices and
output decisions, and be able to identify the costs and benefits of a global market
economy through examinations, quizzes, and homework assignments.
Tuesday and Thursday; 10:00 AM – 11:15 AM
C. A. Fredd Campus
Room Number 107
Textbook: Essentials of Economics, 5th Edition
Author: N. Gregory Mankiw
Aplia: www.aplia.com
Monday, May 2, 2011
No make-up exams or quizzes are given without permission of the instructor. Students
who miss an exam or quiz with a DOCUMENTED excused absence will be allowed to
make up the missed assignment provided that the student: 1) initiates the make-up
process by presenting a documented excuse within one week of returning to the class
and 2) makes arrangements with the instructor for making up the test at a mutually
agreed upon time (usually within the instructor’s posted work schedule).
All of the policies incorporated in the standard school policies are part of this class.
For example, required class assignments and announcements will be presented during
class period; therefore, attendance is important for acquisition of assignments and
announcements made in class. Quizzes may be given during the semester, some may
be unannounced.
Final Exam is scheduled for Tuesday, May 3, 2010 from 10:30AM to 12:30PM. The
Final Exam will consist of two parts. The first part is mandatory and serves as a
fourth exam and is not cumulative. The second part of the exam is comprehensive and
serves as a make-up/ optional final. Part 2 of the final is a mandatory final for
students who miss one of the first three exams without a documented excuse. In
addition, if taken at the scheduled time in the course outline, other students may take
part 2 of the final to replace the lowest of the first 3 required exams given. This
substitution will only be made if the student benefits by it. Thus, there is no risk
associated with taking the optional final.
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Instructor Information
Instructor
Instructor’s
E-mail and
phone number
Student hours
and location
for Student
Hours
J. Ashley McLeod
amcleod@sheltonstate.edu
(205) 391 – 5863
Tuesday & Thursday, 1:30 PM – 2:30 PM
2513 Martin Campus
Website
http://www.sheltonstate.edu/Faculty06.aspx?PageID=1411
It can also be found on Shelton’s main page (www.sheltonstate.edu) under the Faculty/Staff
tab, Faculty Website Directory, and then click on my name at the bottom of the screen
Division
Chair’s
E-mail and
phone number
Darrell Wright
dwright@sheltonstate.edu
(205) 391 - 2428
College Policy Information
Academic
Misconduct
Attendance
Policy
Standard
College
Policies
Student Email
(Bucs Mail)
Quality
Enhancement
Plan
Students are expected to be honorable in all college assignments. Suspected cases of
academic misconduct are reported to the Dean of Instructional Services.
SSCC Attendance Policy: Students are expected to attend all classes for which they
are registered, to be prompt and to remain in class/lab for the entire time. Attendance
will be recorded at every class/lab meeting. On the final grade report, instructors are
required to identify the last day of attendance for all students who receive a grade of
“F” or “U.” Students who are unable to attend class regularly, regardless of the reason
or circumstance, should withdraw from the class. Withdrawal from class can affect
eligibility for federal financial aid.
The Standard College Policies apply to all classes at the college and are a part of every
official course syllabus; each student receives a copy when he or she completes the
vehicle registration/waiver procedure. It is also available from the College website,
www.sheltonstate.edu. It is the responsibility of the student to have a copy of these
policies and to abide by them. This class syllabus is intended to give further detail
about the policies and expectations in this class. College policies are also published in
the Schedule of Classes and the SSCC College Catalog/Student Handbook. Students
are expected to be aware of and abide by College policies in every class.
All students who are or have been registered for classes at Shelton State Community
College are provided an email account. Students who are currently registered must
have an email account. Electronic mail is the official method of communication for
delivery of information Shelton State designated communicators may use this email
account to send official communications to the student body. Student email addresses
will be recorded in the college’s electronic directories and records. To activate/sign in
to your Bucs Mail account, visit the Bucs Mail icon at www.sheltonstate.edu.
Shelton State’s Quality Enhancement Plan (QEP)
Improving Student Success in Online Classes
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Grading:
Activities and Material covered by that Activity
Exam 1 (Chapters 1 - 4)
Exam 2 (Chapters 5 - 8)
Exam 3 (Chapters 9, 12, & 13)
Exam 4 (Chapters 14, Handouts on Monopolistic Competition &
Oligopoly)
Quizzes
Aplia Assignments
Percentage of Grade
Or Number of Points
20%
20%
20%
Student’s
Score
20%
10%
10%
100 %
Comprehensive Final Examination – Optional
Your exam average will be computed from four equally weighted exam scores. Each exam will contain
questions worth a total of 110 points. Thus, you have the opportunity to earn up to 10 “extra” points on
each exam. The score on the optional final exam may be used to replace your lowest score on the first 3
mid-semester exams, but this substitution will be made only if you benefit by it. Thus, there is no risk
associated with taking the optional final.
Aplia assignments account for 10% of your grade. These homework problems will be assigned on a
weekly basis. Each homework assignment is due at a specified day and time. You will receive a grade
of zero if you submit your homework past the time when it is due. There is no excuse policy for
homework. Your three lowest homework grades will be dropped in the calculation of your final
homework average.
Class Attendance Policy:
Attendance is vital to success in this class. Students are responsible for all lecture material, including all
in class announcements. Students may be awarded bonus based on attendance as follows:
Number of Absences
0-1
2
3
4 or more
Bonus Points
3
2
1
0
Note:
1. There are no excused absences for the purpose of this policy.
2. Attendance will be taken at every class meeting.
3. To be counted as present, students must be in class on time and must remain in class until it is
dismissed. Students should inform me prior to class if they need to leave early.
Letter grades will be assigned according to the following:
Percentage
Grade
90-100
80-89
70-79
60-69
59 and below
Letter
grade
A
B
C
D
F
Grades will be determined in strict accordance with the policy above. I will not entertain needs based
appeals of your course grade.
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ECO – 232 – 01
Course Outline Calendar – Spring 2011
J. Ashley McLeod
Tuesday & Thursday; 10:00AM – 11:15AM
nd
Last Day to withdraw from class is May 2
Date
Material
Assignment
Class Cancelled
Tuesday, January 11
Course Syllabus – Introduction, Ch. 1 - Ten Principles of
Thursday, January 13
Economics, & Ch. 2 - Thinking Like an Economist
Tuesday, January 18
Ch. 3 - Interdependence and the Gains from Trade
Thursday, January 20
Ch. 3 (cont'd)
Tuesday, January 25
Ch. 4 - The Market Forces of Supply and Demand
Thursday, January 27
Ch. 4 (cont'd)
Tuesday, February 1
Review
Exam 1 (Ch. 1 - 4)
Thursday, February 3
Tuesday, February 8
Ch. 5 - Elasticity and Its Application
Thursday, February 10
Ch. 5 (cont'd)
Tuesday, February 15
Ch. 6 - Supply, Demand, and Government Policies
Thursday, February 17
Ch. 6 (cont'd)
Tuesday, February 22
Ch. 7 - Consumers, Producers, and the Efficiency of Markets
Thursday, February 24
Ch. 7 (cont'd)
Tuesday, March 1
Ch. 8 - Application: The Costs of Taxation
Thursday, March 3
Ch. 8 (cont’d)
Tuesday, March 8
Review
Exam 2 (Ch. 5 - 8)
Thursday, March 10
Spring Break - No classes
Tuesday, March 15
Spring Break - No classes
Thursday, March 17
Tuesday, March 22
Ch. 9 - Application: International Trade
Thursday, March 24
Ch. 9 (cont'd)
Tuesday, March 29
Ch. 12 - The Costs of Production
Thursday, March 31
Ch. 12 (cont’d)
Tuesday, April 5
Ch. 13 - Firms in Competitive Markets
Thursday, April 7
Ch. 13 (cont'd)
Tuesday, April 12
Review
Exam 3 (Ch. 9, 12, & 13)
Thursday, April 14
Tuesday, April 19
Ch. 14 - Monopoly
Thursday, April 21
Handout – Monopolistic Competition
Tuesday, April 26
Handout - Oligopoly and Game Theory
Thursday, April 28
Review
Exam 4 (Ch. 14, Monopolistic Competition, & Oligopoly) &
Tuesday, May 3
Optional Comprehensive Final Exam
10:30AM – 12:30PM
This course outline and the dates established therein are tentative, and the instructor reserves the right to change
them.
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How to access your Aplia course
ECO-232-01 Principles of Microeconomics Spring2011
Instructor: Jennifer A McLeod
Start Date: 01/10/2011
Course Key: ZV52-JWGC-ZFM5
Registration
Aplia is part of CengageBrain, which allows you to sign in to a single site to access your
Cengage materials and courses.
1. Connect to http://login.cengagebrain.com/
2. If you already have an account, sign in. From your Dashboard, enter your course
key (ZV52-JWGC-ZFM5) in the box provided, and click the Register button.
If you don't have an account, click the Create a New Account button, and enter
your course key when prompted: ZV52-JWGC-ZFM5. Continue to follow the onscreen instructions.
Payment
Online: Purchase access to your course (including the digital textbook) from the
CengageBrain website for US$90.00.
Bookstore: Purchase access to Aplia from your bookstore. Check with the bookstore to find
out what they offer for your course.
After paying, you will have the option to purchase a physical book from the Aplia website at
a discounted price. If you choose to pay later, you can use Aplia without paying until
11:59 PM on 01/30/2011.
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