Pima County Community College
EAST CAMPUS
SYLLABUS ECN201 - MICRO ECONOMICS
FALL 2014
TUESDAY & THURSDAY
INSTRUCTOR: Don Roberts
HOME PHONE: 749-4630
PIMA PHONE: 206-7000 Ext. 7633
PIMA DIRECT: 206-7633(Voice Mail)
Home E-mail: uncledon@pobox.com
ECN201 8:40- 9:55 am
Tuesday & Thursday
CRN 10500
CLASSROOM: E1 – 107
Office E-mail: droberts@pima.edu
Web site: http://ecc.pima.edu/~uncledon
OFFICE HOURS:
MONDAY THROUGH THURSDAY
7:00 a.m. -- 8:30 a.m.
COURSE OBJECTIVES:
1. Describe and define microeconomics terms and concepts.
2. Analyze the microeconomics questions that all societies must answer.
3. Apply microeconomic analysis to consumer and producer behavior.
4. Explain and apply demand and supply analysis of current problems facing our country.
5. Explain and apply elasticity analysis to determine appropriate actions to solve social
problems.
6. Explain and apply utility and demand analysis to solve public sector problems.
7. Define and appraise production models of competition, monopoly, monopolistic competition,
and oligopoly.
COURSE TEXT BOOK:
We will use the text titled, Principles of Economics, 2014, 3rd Edition by Timothy Taylor,
ISBN 1-930789-26-2.
The text is available in our bookstore and bundled with the online
Sapling home work problems. Both are required. The text can also be purchased online through
Textbook Media, http://www.textbookmedia.com. And the home work problems are available
through Sapling Learning, http://www2.saplinglearning.com/. If you find a used copy of the 2nd
edition of the text, that edition can be used and you can purchase the online home works
directly from Sapling Learning.
.
A Study Guide is available but not required.
I suggest that you use The Wall Street Journal (WSJ), and The Economist for most of your
outside readings, especially Business majors. These two publications tend to be balanced and
unbiased. . Both of these publications are available through the Pima Library. After logging into
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the Pima web site, use your student ID and log into My Pima, in My Pima click the library tab
and follow the following links: go to Library Search, the fifth tab down is Library Guide, once in
Library Guide Browse guide by subject; select Business, once in business select BUS 100 East
Campus. Once in the BUS 100 tab you will see most of the direct business publication you will
be able to select and access them.
American Institute for Economic Research is also available, at no cost, and can be found at
http://www.aier.org/ . Their web site contains educational bulletins and essays on contemporary
economic issues
GRADING POLICY:
The number of points you earn throughout this semester will determine your course grade. I will
determine your course grade according the scale on page 8. The points indicated multiplied by
the percentage correct on each exam determines the points earned. Please record your grades
on the attached Grade Sheet and monitor your progress. Remember you are responsible for
your grade.
You must request in writing that I award an “I” grade. Your request must cite extenuating
circumstances that support the granting of an incomplete, Extenuating or exceptional
circumstances would include, but not limited to, your hospitalization or the death of an
immediate family member. At the time of the request you must be passing and have completed
at least four-fifths (4/5s) of the course. Departing Tucson before the last day of class, medical
or dental appointments or visiting friends and relatives do not constitute emergencies. See
Classroom Guidelines, item # 8.
Your failure to return a receipt acknowledging receipt of this syllabus and Classroom
Guidelines by Tuesday, August 28, 2014 will result in my withdrawing you from this class. You
must acknowledge that you understand the contents of this syllabus and Classroom Guidelines.
Prior to class, I expect you to read the chapters as assigned in the course calendar. By being
prepared for class we will be able to discuss the material within each chapter and allow me to
elaborate on the points that the author makes.
You may earn points for the following activities
1. Attendance and Class Participation: Two Hundred and Fifty (250) points are possible for
perfect attendance. Beginning with the class session, Tuesday, August 26, 2014, you will lose
ten points for each class session missed or for lack of your participation in class discussions.
The five exam days are omitted for attendance. Tardiness is very disruptive. Being late to class
will result in the loss of five points for each time you are late. For special needs, I will negotiate
in this area on a case-by-case basis. I will give unannounced pop quizzes on assigned
chapters. There will be no makeup of the quizzes. If you fail to achieve a 70% passing grade
you will be docked one-half a point. You are not participating when playing computer games,
text messaging, or doing homework for another class while attending this class.
I reserve the option to drop you from the class in the event you fail to attend three (3)
consecutive sessions without prior coordination. If you are absent four or more classes, I
reserve the option to drop you from this course. In the event that this occurs after Thursday
November 12, 2014, I will determine your grade based on the course grading criteria contained
in this syllabus.
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2. Online Home Work Problems: You are required to complete 20 Chapter practice quizzes
online with Sapling Learning. Each chapter as listed for each course quiz on page 8 of this
syllabus. The chapter quizzes are specifically written for the Taylor text and consist of ten
objective questions. Where appropriate each question will require calculation and/or
interpretation of graphs. Each question is weighted one point, or ten points for a perfect quiz
score. If you miss a question on the first attempt, you will be allowed a second attempt for an
80% score for that question or .8 points for a correct response.
Since these quizzes are designed to prepare you for the course exams, you must complete the
appropriate quizzes prior to the corresponding exam dates listed in our calendar.
You will be required to pay a fee of $29.95 for the use of the Sapling program, unless you
purchased it as part of a bundle at our Bookstore . You are required to pay with a credit card.
The instructions and link to Sapling Learning are listed below:
(1.) Go to http://saplinglearning.com<http://saplinglearning.com/>
(2.) a. If you already have a Sapling Learning account, log in, click "View Available Courses",
then skip to step 3.
b. If you have Facebook account, you can use it to quickly create a Sapling Learning account.
Click "create account" located under the username box, then click "Login with Facebook". The form
will auto-fill with information from your Facebook account (you may need to log into Facebook in the
popup window first). Choose a password and time zone, accept the site policy agreement, and click
"Create my new account". You can then skip to step 3.
c. Otherwise, click "create account" located under the username box. Supply the requested
information and click "Create my new account". Check your email (and spam filter) for a message
from Sapling Learning and click on the link provided in that email.
(3.) Find your course in the list (listed by school, course, and instructor) and click the link.
(4.) Select your payment options and follow the remaining instructions.
(5.) Once you have registered and enrolled, you can log in at any time to complete or review your
homework assignments.
(6.) During sign up -- and throughout the term -- if you have any technical problems or grading
issues, send an email to support@saplinglearning.com<mailto:support@saplinglearning.com>
explaining the issue. The Sapling support team is almost always more able (and faster) to resolve
issues than your instructor.
3. Exams; I will test you on five (5) parts of the text. The value (points) you may earn on each
exam is presented on page 8. These tests will be objective (multiple choices) and will be
individual effort. We will complete an extensive critique of each exam. Each exam will cover
material in the text as indicated by chapters/parts and material I present in class including
videos. Page five (5) is a brief outline of the text chapters and is annotated to indicate the
chapters included in each exam. I reserve the right to include short essay type question on all
exams. For the first four exams I will allow groups (in Class) to redo the exam using books and
notes. If you improve your grade by 5% as a result of the redo, I will raise your exam grade by
5%, I reserve the right to increase the bonus dependent upon class performance. You must
complete each exam, in class, on date indicated. I will allow make-up exam in the Testing
Center on a case by case basis; however, it must be complete prior to the critique date for each
exam. THERE ARE NO MAKE UPS AFTER THE DATE OF THE EXAM CRITIQUE. This option
will not be available for Exam 4b the last course exam. You must complete Part 4b Exam on or
before the date scheduled. There is no make-up of any exams after this date. Failure to
complete Part 4b Exam by this date will result in a zero grade.
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NOTE: I grade exams on a percentage correct basis, the numbers correct divided by the total
number of questions on that exam. The percentage will be multiplied by the number of points
allotted for that exam to determine the number of points you earned. Page 8 is the course
Grade Sheet. All graded material will be returned to you, and you are responsible to record
grades and monitor your progress in this course.
4. The last page of this document is a Syllabus Receipt. You must return the receipt, signed,
by Tuesday. August 28, 2014. If you fail to return the receipt I will assume you want me to
withdraw you from this class.
5. In the East Campus Library we have Timothy Taylor’s Thirty-Six Lecture Series on DVDs.
These DVDs are in the library for you viewing. These Lectures are a supplement his text. The
DVDs’ must be viewed in the Library. I encourage you to take the time to view the appropriate
award winning lectures. Each Lecture is Forty-Five minutes in duration. Page 6 is the Table of
Contents listing the subject matter of each lecture. I will use some of these recorded lectures in
class as indicated on the Course Calendar. If you miss the in class recorded lecture you have
the opportunity to view it in the Library.
6. It is your responsibility to follow the Course Calendar and read before each class the chapter
assigned. A good student will attempt to answer the chapter review questions and be prepared
to discuss them in class. At this juncture I will not require you to submit written answers.
7. Pima Community College is committed to providing accommodations for qualified individuals
with disabilities in a timely and effective manner. To request a reasonable accommodation,
students must be registered with the campus Disabled Student Resources (DSR) office.
Accommodations will be made based on eligibility determined by Disabled Student Resources.
Services can be requested at any time during the semester. Requesting services well in
advance will help to ensure that resources are available when needed. Please contact a DSR
office at 206-4500 or DSRhelp@pima.edu.
Page 8 is the course Grade Sheet. I will return all graded material to you. It is your responsibility
to record grades and to be aware of your progress in this course. A FINAL NOTE: I am always
available for help on a scheduled basis. Your grade will reflect your efforts. Good Luck.
Available at the reference desk in our library are the following Great Courses Series. Each of
these sets is presentations by outstanding professors who are experts in in their fields. If you
have questions about economic concepts and terminology, please take the time to review the
content of these college level presentations. These DVD sets are copyrighted media and must
be viewed in the library.
Economics by Tim Taylor (Our Author) 36 Lectures similar to content of our text
Modern Economic Issues (6 disc DVD set) and 1 guidebook
Understanding Investments (4 disc DVD set) and 1 guidebook
Why Economics Rise or Fall (4 disc DVD set) and 1 guidebook
Money and Banking: What Everyone Should Know
Uncle Don
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Principles of Economics 3nd Edition by Tim Taylor 2014. Brief Table of Contents
Microeconomics ECN201 Fall 2014
Part I: The Interconnected Economy
1.
The Interconnected Economy
Part1 Exam
2.
Choice in a World of Scarcity
3.
International Trade
Part II: Supply and Demand
4
Demand and Supply
5
Labor and Financial Capital Markets
Part 2 Exam
6
Globalization and Protectionism
Part III: The Fundamentals of Microeconomic Theory
7
Elasticity
8
Household Decision Making
9
Cost and Industry Structure
Part 3 Exam
10
Perfect Competition
11
Monopoly
12
Monopolistic Competition and Oligopoly
Part IVa: Microeconomic Policy Issues and Applications
13
Competition and Public Policy
Part 4a Exam
14
Environmental Protection and Negative Externalities
15
Technology, Positive Externalities, and Public Goods
16
Poverty and Economic Inequality
Part IVb: Microeconomic Policy Issues and Applications
17
Issues in Labor Markets
18
Information, Risk, and Insurance
Part 4b Exam
19
Financial Markets
20
Public Choice
Part V: The Macroeconomic Perspective and Goals
21
The Macroeconomic Perspective
22
Economic Growth
23
Unemployment
24
Inflation
25
The Balance of Trade
Part VI: A Framework for Macroeconomic Analysis
26
The Aggregate Supply – Aggregate Demand Model
27
The Keynesian Perspective
28
The Neoclassical Perspective
Part VIIa: Monetary and Fiscal Policy
29
Money and Banking
30
Monetary Policy and Bank Regulation
31
Exchange Rates and International Capital Flows
Part VIIb: Monetary and Fiscal Policy
32
Government Budgets and Fiscal Policy
33
Government Borrowing and National Savings
34
Macroeconomic Policy Around the World
Appendix: Chapter 1, Interpreting Graphs
Appendix: Chapter 19, Present Discounted Value
Appendix: Chapter 27, An Algebraic Approach to the Expenditure – Output Model
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The Great Course Economics 3rd Edition Lectures by Timothy Taylor
Part I
Lecture One
Lecture Two
Lecture Three
Lecture Four
Lecture Five
Lecture Six
Lecture Seven
Lecture Eight
Lecture Nine
Lecture Ten
Lecture Eleven
Lecture Twelve
How Economist Think
Division of Labor
Supply and Demand
Price Floors and Ceilings
Elasticity
The Labor Market and Wages
Financial Markets and Rate of Return
Personal Investing
From Perfect Competition to Monopoly
Antitrust and Competition Policy
Regulation and Deregulation
Negative Externalities and the Environment
Part II
Lecture Thirteen
Lecture Fourteen
Lecture Fifteen
Lecture Sixteen
Lecture Seventeen
Lecture Eighteen
Lecture Nineteen
Lecture Twenty
Lecture Twenty-one
Lecture Twenty-Two
Lecture Twenty-Three
Lecture Twenty-Four
Positive Externalities and Technology
Public Goods
Poverty and Welfare Programs
Inequality
Imperfect Information and Insurance
Corporate and Political Governance
Macroeconomics and GDP
Economic Growth
Unemployment
Inflation
The Balance of Trade
Aggregate Supply and Aggregate Demand
Part III
Lecture Twenty-Five
Lecture Twenty-Six
Lecture Twenty-Seven
Lecture Twenty-Eight
Lecture Twenty-Nine
Lecture Thirty
Lecture Thirty-One
Lecture Thirty-Two
Lecture Thirty-Three
Lecture Thirty-Four
Lecture Thirty-Five
Lecture Thirty-Six
The Unemployment-Inflation Tradeoff
Fiscal Policy and Budget Deficits
Countercyclical Fiscal Policy
Budget Deficits and National Saving
Money and Banking
The Federal Reserve and Its Powers
The Conduct of Monetary Policy
The Gains of International Trade
The Debates over Protectionism
Exchange Rates
International Financial Crashes
A Global Economic Perspective
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Class Guidelines
As a college student enrolled in an academic course, you are expected to adhere to the standards of
behavior outline in the Student Code of Conduct and the Scholastic Ethics Code.
Specific Guidelines
Learning requires a time investment on your part. A minimum time investment is two to three hours per
unit per week (e.g. nine hour per week for a three-unit class) in addition to the time spent in class. I will
update the web site when changes are made.
1. If you are absent from class for any reason, you have assumed the responsibility for learning, on your
own, the material presented in that class period, obtaining a copy of the class notes, announcements,
assignments made in class, and preparing for the next class. Be sure and link up with a classmate to
accomplish the above.
2. You are responsible for knowing the information in the class syllabus given to you by myself, including
my name and the class starting time.
3. Outside assignments must be submitted when requested or by due dates, using specified format. There
is no make up of exams. Exams must be taken before the critique date of each exam. I will negotiate this
requirement on a case by case basis.
4. You must be officially enrolled to attend class. If you miss more than three classes I may, at my option,
withdraw you for lack of attendance. I reserve the right to withdraw you from this class for disruptive
behavior, which includes talking during lectures. Please refer to the Student Code of Conduct.
5. Tardiness is a very disruptive behavior. Know what time the class begins and arrive on time. If you
have a problem – please discuss it with me.
6. Certain devices – cellular phones, radios tape player and the like – should not be brought into
classroom unless cleared by myself. Please set your pager to vibrate.
7. Cheating is grounds for dismissal from class and a grade of “F”. Please refer to the Pima College
Scholastic Ethics Code.
8. Incomplete (I) grades are rarely awarded and are always at my discretion. You must request in writing
that I award an “I” grade. Your request must cite extenuating circumstances that support the granting of an
incomplete, Extenuating or exceptional circumstances would include, but not limited to, your
hospitalization or the death of an immediate family member. At the time of the request you must be
passing and have completed at least four-fifths (4/5s) of the course.
9. We are not allowed to bring children into classrooms, laboratory or work areas. Children will not be
left with working college employees to supervise. Children are not to be left in the library or at other
College indoor or outdoor areas unsupervised. Non-registered students are not allowed to attend classes
or laboratories.
10. Turn off all electronic devices during class. Class interruption is a violation of the student code of
conduct. A violation can lead to your removal from this course. Text messaging during class will result in a
zero grade for class participation for that class period. Since we have an online text you may use you
laptop in class; however, playing games or accomplishing requirements for other courses will result in a
zero grade for class participation.
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GRADE SHEET MICRO ECONOMICS ECN201
Fall 2014
ECN201 CRN 10500
Tuesday and Thursday
ACTIVITY AREA
POINTS
ASSIGNED
POINTS
EARNED
1. Attendance: You will lose 10 points for
each absence and 5 points for each
tardy or lack of class participation.
250
______
2. Sapling home work problems:
20 Chapters@10 points each
200
______
Part 1 Exam
Ch’s 1 through 3 &
100
______
Part 2 Exam
Ch’s 4 through 6
100
______
Part 3 Exam
Ch’s 7, through 12
200
______
Part 4a Exam
Ch’s 13 through 16
100
______
Part 4b Exam
Ch’s 17 through 20
100
______
1050
______
3. Exams:
Total:
EARNED POINTS GRADE
800 - or greater
700 -- 799
600 -- 699
500 -- 599
000 -- 499
A
B
C
D
F
Final Letter Grade Earned
______
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SYLLABUS RECEIPT
ECN201 MICROECONOMICS
Fall 2014
TUESDAY AND THURSDAY
CRN 10500
I, __________________________________ HAVE RECEIVED A SYLLABUS FOR THIS
PLEASE PRINT YOUR NAME
COURSE ON (DATE)______________. I HAVE READ AND UNDERSTAND THE CONTENTS
OF THIS SYLLABUS AND THE CLASSROOM GUIDELINES.
___________________________
SIGNED
___________________________
DATE
If you have a home e-mail address please share your e-mail address.
My home e-mail address is:
My home phone numbers is:
My cellular phone number is:
*Please send a test e-mail to: droberts@pima.edu. Indicate that you are a member of
ECN201 T/T.
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