Department of Social Sciences Ammerman REMOTE Campus ECO 112 – Microeconomics: The Price System Course Syllabus Course Number/ Title: ECO 112—Microeconomics: The Price System 3.0 Credit hours 3.0 Lecture hours Associated Term: Fall 2020 Remote Meeting Time: Monday / Wednesday 12:30-1:15 PM Remote delivery – via Blackboard and Zoom Professor: J Krueger Ed.D., MBA Office Hours: By appointment Email: kruegej@sunysuffolk.edu Required Text: Economics- Hubbard and O’Brien 9th ed Supplemental: The Wall Street Journal, the New York Times, the Economist, NPR, PBS Texts/Readings: As assigned Catalog Description: Course begins with the simplified description of a complex matter; how and how well does a national economy work? Over short periods of time, production and employment are known to be volatile, while over longer periods of time production and employment grow. Why is each of these observations true and what is the role of the government (if any) in the process? Note: Fulfills SUNY General Education Requirement for Social Sciences. No prerequisite. Offered on: A-E-G / 3 cr. hrs. Fall 2020 Week Dates 1 2 09/02 09/07, 09/09 Topic Reading/Homework Assignment/ Learning goals Introduction Chapters 1&2/ First principles WK1WS1/ critical thinking Tradeoffs/Opp cost Chapter 2 (critical thinking) Wk2Ws1 Supply and demand 3 4 5 6 09/14, 09/16 09/21, 09/23 09/28, 09/30 10/05, 10/07 The individual firm Chapter 3 (decision making) Wk3Ws1 Decision making Chapter 4 & 6 (critical thinking) Wk4Ws1 The consumer Chapter 7 & 8 (decision making) Wk5Ws1 Behavior Chapter 9 (critical thinking) Wk6Ws1 Chapters 10 &11 7 10/12, 10/14 Market Structures Wk7Ws1 8 10/19, 10/21 Micro-Public Policy Review 9 10/26, 10/28 Market failures Chapter 14 (leadership) (ethics) Wk9Ws1 10 11/02, 11/04 Financial Planning Decision making Wk10Ws1 11 11/09, 11/11 Credit and Debt Review Wk11Ws1 12 11/16, 11/18 Monetary Policy/ The Fed- Chapters 15 & 16 (leadership)Wk12ws1 13 11/23, 11/25 Supply-Side SR / LR Chapters 17 & 18 14 11/30, 12/02 Reality Chapters 19-21 15 12/07, 12/09 Key Principles 16 12/14, 12/16 Everything Term recap 12/21, 12/22 Final exam review/ Final Exam STUDY! 17 Review Sheets * Advanced notice will be given prior to tests and exams. Learning Outcomes: The Learning Outcomes listed here should be considered the minimum core outcomes for the course. Many other learning outcomes may also be a part of the learning experience within the course. Upon completion of this course, students will be able to: 1. Understand the economic way of thinking. 2. Use opportunity cost. 3. Understand the uses of production possibility frontiers. 4. Use supply and demand analysis for individual markets and for the macro economy. 5. Explain how the U.S. economy is performing through an understanding of the national income accounts. 6. Understand unemployment, inflation, and business cycles. 7. Know the difference between the short and long run aggregate supply curve. 8. Manipulate aggregate demand and supply curves to determine the implications of different fiscal and monetary policies. Remote Modality: This course is delivered in real-time. Students are expected to attend video conferences at the scheduled class time. Expectations also include the following: Students are to only use their SCCC email for all communications with the professor. SCCC email is to be checked as often as practicable Students are to use Zoom invitations to enter video classes. Invitations will be in ANNOUNCEMENTS and sent to SCCC email Students will access Blackboard and the “key tabs” regularly during the Fall 2020 remote term. Key tabs include but are not limited to- CONTENT, ANNOUNCEMENTS, DISCUSSIONS, COLLABORATE, ASSIGNMENTS Students are to review all materials provided in each week’s content folders Students are to complete all assignments by the due dates. Students are to upload assignments only in Word doc. Or PDF format Students are not to submit assignments via emails Students are to complete all tests and exams via blackboard as scheduled (this means scheduled during regular class times) Students are not permitted to use smart phones for tests or exams Students are to notify the professor ASAP regarding any issue that may have an impact on the student’s ability to fulfill class requirements. SHARKS RESPECT REMOTELY We are a diverse community that takes pride in a welcoming environment and unwavering promotion for the values of equity and inclusion. We benefit from all perspectives and are committed to courtesy and respect. There will be opinions and ideas that differ from yours; you do not have to agree, but you should be respectful, cooperative, and ensure the privacy and the rights of others. Positive intent does not erase impact. The exchange of diverse thoughts, ideas and opinions are an important part of the scholarly environment. DO DON’T Participate in your remote learning class. Write professionally and be clear. Explain your ideas fully. Think before you push the "Send" button. Did you say what you meant to say? Read over what you've written before you send it. Be honest and ethical. Commit to academic integrity and use appropriate citations. Avoid sarcasm that can be misconstrued. Remember there is no tone, body language, facial expressions, or other social cues to help interpret your meaning. Ask for feedback! If you're not sure how your ideas and comments will be taken, ask! Remember there's a person on the other side. If you disagree with what someone has said, practice all your communication skills as you express that disagreement. Assume the good intentions of what other classmates are sharing with you. Be forgiving of other people’s mistakes. If you experience offensive or inappropriate content being shared in your remote classrooms and discussions tell your instructor. Don’t capitalize entire sentences. This is interpreted and equal to SHOUTING! Don’t use informal language that you would use while texting or chatting. This is a remote classroom environment, and still a classroom. Don't be inappropriate. “Flaming," or flying off the handle and ranting at someone else is unacceptable; it's the equivalent of having a tantrum, something most of us wouldn't do in an on-site face-to-face classroom. Don’t plagiarize or cheat. Students who abuse the online learning system are subject to the SCCC plagiarism policy and may be removed from the course. Don’t use any derogatory or inappropriate comments regarding any protected class including but not limited to race, ethnicity, gender, age, religion, disability, sexual orientation and gender identity. These are unacceptable and subject to the same disciplinary action that they would receive if they occurred in the physical classroom. If you have questions or need support, the College is here for you. If you hear, see, read or experience discrimination, harassment or a biasrelated incident, report it! Retaliation is prohibited. Campus Associate Deans of Student Affairs Eastern - Dr. Mary Reese: reesem@sunysuffolk.edu Grant – Dr. Meryl Rogers: rogersm@sunysuffolk.edu Ammerman – Dr. Edward Martinez: martineze@sunysuffolk.edu Civil Rights Compliance Officers Christina Vargas vargasc@sunysuffolk.edu Dr. Dionne Walker Belgrave walkerd@sunysuffolk.edu www.sunysuffolk.edu/coronavirus/ www.sunysuffolk.edu/nondiscrimination www.sunysuffolk.edu/forms/student-handbook.pdf * Note: This course outline is subject to change by the instructor. Attendance Policy Attendance will be taken for each remote video class (meeting) via Zoom using all the report capabilities available. These reports will include student join time, leave time, and duration of time in meeting. Additionally, attendance may be checked periodically during the live meeting using an attendance roster and a student’s verbal (audio) acknowledgement. The technological features of the learning platforms (Zoom and Blackboard) provide instructors with reliable evidence of all users’ (students’) levels of engagement. The College expects that each student will exercise personal responsibility with regard to class attendance. All students are expected to attend every remote class session of each course for which they are registered. Students are responsible for all that transpires in class whether they are in attendance or not, even if absences are the result of late registration or add/drop activity at the beginning of a term as permitted by college policy. The College defines excessive absence or lateness as more than the equivalent of one week of class meetings during the semester. Excessive absence or lateness may lead to failure in, or removal from, the course. Absences due to religious observance will be deemed an excused absence with no negative consequences. Any student who enters a class after the first meeting, regardless of reason, is accountable for all course requirements including assignments and attendance. A student may be required to drop or withdraw from a course when, in the judgment of the instructor, absences have been excessive. A student may also be withdrawn from a course by the Associate Dean of Student Services or the Student Conduct Board following a disciplinary hearing for violating the Student Code of Conduct as described in the student handbook. Attendance on Religious Observance As provided for in New York State Education Law §224-a, student absences from class necessitated by religious observance will be deemed an excused absence, with no academic consequences. Students must notify their professor in advance of their religious observance, via their College email accounts or otherwise in writing, of their intention to be absent from a particular class due to a religious observance; notification should occur at least one week prior to the religious observance. Observing students shall be granted reasonable arrangements and/or be permitted a reasonable amount of time to make up missed quizzes, tests, assignments, and activities covered in their absence. Please refer to the College’s Religious Observance Policy, which is available on the Office of Legal Affairs’ website, for additional information. Services for Students with Disabilities Suffolk County Community College provides reasonable accommodations to registered students with disabilities who have self-identified and been approved by the Office of Disability Services. Once approved for reasonable accommodations, such students will be provided with a laminated letter, describing the specific accommodations. Students must present this laminated letter to each of their professors before accommodations can be provided. Students who have, or think they may have, a disability are invited to contact Disability Services for a confidential consultation. Disability Services Contact Information: Ammerman Campus Call the Disability Services Office at 631-451-4045, email the Office at disabilityserv-ammr@sunysuffolk.edu or stop by to make an appointment at Room 202 in the Ammerman Building. Eastern Campus Call the Disability Services Office at 631-548-2527, email the Office at disabilityserv-east@sunysuffolk.edu or stop by to make an appointment at the Student Success Center in the Peconic Building, Room 122. Michael J. Grant Campus Call the Disability Services Office at 631-851-6355, email the office at disabilityserv-west@sunysuffolk.edu or stop by to make an appointment in Caumsett Hall, Lower Level 20. Academic Integrity: Suffolk County Community College provides students with the opportunity to demonstrate their knowledge by submitting coursework that is uniquely theirs and giving proper attribution to the work of others. Participating honestly in the SCCC academic community ensures that students can take pride in their education and their contributions to scholarship. Without academic integrity, students gain unfair advantage over others and prevent their own intellectual progress. As a student in this class, you are expected to uphold the SCCC core value of Integrity and understand the Special Procedures for Academic Dishonesty in the relevant sections of the SCCC Student Code of Conduct. The Code prohibits academic misconduct, which includes any action that results in students giving or receiving unauthorized assistance in an academic exercise, or receiving credit for work that is not their own. Academic exercise includes all forms of work submitted for credit. Academic misconduct includes, but is not limited to, the following behaviors: cheating on exams; plagiarizing - using another person’s work or ideas without crediting them; complicity - helping a student, or being helped, to engage in academic misconduct; multiple submissions - submitting the same work for credit in more than one course without the instructor’s permission; falsification and forgery - inventing information or falsifying the identity of a student. Information about the Student Code of Conduct, plagiarism and the citation process is in the Academic Integrity and Plagiarism Guide. Diversity Syllabus Statement In alignment with our institutional mission and strong support of diversity, equity and inclusion, Suffolk County Community College reaffirms its commitment to providing access to higher education and a welcome environment to all students. No matter your age, race, ethnicity, national origin, gender identity or expression, sexual orientation, family status, U.S. citizenship status, religion, socio-economic status, political ideology, military-connected status, or intellectual or physical ability - you belong here. Therefore, in this class, we will maintain an atmosphere of mutual respect, civil discourse and cross-cultural communication. The college prohibits discrimination and harassment and you can read more at: www.sunysuffolk.edu/nondiscrimination. SCCC CARES: At Suffolk, we are CREATING AWARENESS and READINESS to END STIGMA about mental health issues. Please know that if you need support related to your psychological, emotional or social well being, there are counselors available on campus in the Counseling Center (Am merman Building Room 209) to provide free and confidential counseling services. Contact Sarah Boles, Coordinator of Mental Health Services, atboless@sunysuffolk.edu or (631) 451-4530 for more information. Grading: Final grades will be based on the following: 1) Assignments ……………………………....20% 2) Tests …………………………………………20% 3) Mid-term exam ……………………………25% 4) Attendance & Participation …. ….. 10% 5) Final exam …………………………………. 25% Make up exams are rarely if ever granted. Students will be required to provide written acceptable documentation for absence during scheduled exams/tests to be considered for a possible make up. Late assignments are not accepted. Extra credit work is not assigned. Emailing Prof. Krueger kruegej@sunysuffolk.edu Please be sure to inform me of which class you are in and which campus you are associated with. Use only your SCCC email account Email communications are not “texts” Please address me professionally and close your message properly. Example. Dear Dr. Krueger, I attend your Macro remote class from the Grant campus. Your message goes here. Thank you, Your name Important Dates to Remember Classes start - Wednesday, 9/2/2020 Labor Day- no classes Monday 9/7/2020 SCCC Professional Development Day- no classes Tuesday, 10/13/2020 Mid-Semester- Wednesday 10/21/2020 Withdrawal date: Tuesday, 11/10/2020 Veterans Day- no classes Wednesday, 11/11/2020 Thanksgiving recess- no classes Wednesday, 11/25-Sunday 11/29/2020