ECON 1010 Economics as a Social Science 2015-16 Instructor Name Email | Website Office | Office Hours Course Description This is a Concurrent Enrollment Course, offering both high school credit through ______________ High School and college credit through Utah Valley University. Credit from this course is transferable to all colleges and universities. Contact the receiving institution for how the credits will be applied. An introductory course which studies the operation of a mixed market system, including production, domestic and global trade, and labor-management economics. Includes business cycles and monetary and fiscal policies designed to modify those cycles. This course focuses on a study of economic problems and the methods by which societies solve them. The primary focus is given to characteristics of the economy of the United States and its function in the world. Methods of applying economics to one's personal life are also studied. Because everyone must live and work daily in an economic setting, those who understand how economies work have a distinct advantage. Prerequisites This class is available to all high school juniors and seniors in good academic standing. High school prerequisites apply. There are no college prerequisites for this course. Text and Instructional Materials Course Website(s) Blackboard< https://online.uen.org/webct/logonDisplay.dowebct Required Course Text Sotomayor, Maritza ECON 1010, McGraw Hill Create, 2010, 254 pages. Page 1 Objectives | Topics to be Covered Course Schedule Week 1 Course introduction Chapter 1 – Economics and Economics Reasoning: Chapter 1 from Economics, Eight Edition by Colander. Week 2 Chapter 1 – Economics and Economics Reasoning Blackboard: Online Quiz Chapter 1 open Blackboard: Online Assignment # 1 Chapter 1 due date. Week 3 Chapter 2 – The U.S Economy: A Global View: Chapter 2 from The Economy Today, 12th Edition, Schiller Blackboard: Online Quiz Chapter 2 open Blackboard: Online Assignment #2 Chapter 2 due date Week 4 Chapter 3 – Demand, Supply: The Basics of the Market Economy: Chapter 2 from Economics: The Basic Model by Mandel Blackboard: Online Quiz Chapter 3 open Blackboard: Online Assignment # 3 Chapter 3 due date Week 5 Chapter 3 – Demand, Supply: The Basics of the Market Economy Exam # 1 @ Testing Center Chapters 1,2,3 Online Quizzes Chapters 1,2 3 due midnight. You are required to take at least two online quizzes. Week 6 Chapter 4 – Firm Production, Cost and Revenue; Chapter 4 from Issues in Economics Today, Fifth Edition by Guell Blackboard: Online Quiz Chapter 4 open Blackboard: Online Assignment # 4 Chapter 4 due date Week 7 Chapter 4 – Firm Production, Cost and Revenue 6 2 Blackboard: Online Assignment # 5 Chapter 4 due date Week 8 Chapter 5 – Competition and Monopoly: Chapter 7 from Understanding Economics Today, Seventh Edition by Walton Wyckoff Blackboard: Online Quiz Chapter 5 open Blackboard: Online Assignment # 6 Chapter 5 due date Week 9 Chapter 5 – Competition and Monopoly Blackboard: Online Assignment # 7 Chapter 5 due date Week 10 Chapter 6 – Economic Growth: Why is the Economy so Bumpy? Chapter 11 from Economics of Social Issues, 19th Edition, Sharp, Register and Grimes Blackboard: Online Quiz Chapter 6 open Week 11 Exam #2 @ Testing Center, Chapters 4,5,6 Online Quizzes Chapters 4,5,6 due midnight. You are required to take at least two online quizzes. Unemployment and Inflation: Can We Find a Balance? Chapter 13 from Economics of Social Issues, 19th Edition, Sharp, Register and Grimes Blackboard: Online Quiz Chapter 7 open Blackboard: Online Assignment # 8 Chapter 7 due date Week 12 Chapter 8 – Money, Banking and the Financial System: Old Problems with New Twists, Chapter 12 from Economics of Social Issues, 19th Edition, Sharp, Register and Grimes Blackboard: Online Quiz Chapter 8 open Blackboard: Online Draft Writing Assignment due date Week 13 Chapter 8 – Money, Banking and the Financial System: Old Problems with New Twists Blackboard: Online Assignment # 9 Chapter 8 due date Week 14 Chapter 9 – International Trade, Chapter 7 from Essential of Economics, Eight Edition by Schiller. Blackboard: Online Quiz Chapter 9 open Blackboard: Online Writing Assignment due date 7 Page 3 Week 15 Chapter 10 – Using Economics to Make Better Policy Choices, Chapter 10 from Principles of Economics, Second Brief Edition by Frank Bernanke Blackboard: Online Quiz Chapter 10 open Final Exam Chapters 7,8,9, 10 Online quizzes Chapters 7,8,9, 10 due midnight. You are required to take at least two online quizzes. At the end of this course graduates will be able to utilize appropriate procedures, frameworks, models, and experience to gain knowledge, solve problems, and make appropriate decisions based on various informational sources such as data, written and verbal communication, process analysis, and creative thinking. Students will use appropriate analytical techniques to identify a business problem, generate and compare alternatives, and develop a solution. Students will develop a coherent business strategy and demonstrate their ability to implement processes that maximize profitability. Department Policies Attendance and Participation Regular attendance and participation is an absolute for the successful completion of this course. Assessment Assignments, Quizzes, & Exams Online Assignments: You will have a set of 9 online assignments. From the total the one with the lowest score will be eliminated and the rest will be averaged. The online assignments can be in the form of homework, comment on a documentary or answer questions from newspaper economic news. Any late assignment (quiz or discussion) will be penalized with 50% of the points, unless a serious illness or serious family emergency or death. Situations that are not considerable as acceptable reasons for late assignments include computer crashing corrupted files, going out of town etc. So, please be on time when submitting your work. Assignments are found in the Assignments area of Blackboard. Writing Assignment: The writing assignment is a critical analysis of an economic topic. Papers should be three or four pages (double space) not counting the Bibliography and cover page. The grading criteria are based on clarity, use of economic tools and critical analysis. I will use anti-plagiarism software for checking paper originality. Do not copy/paste material without the source; any citation cannot be more than one line. In UVU online you will find some examples in pdf format from Hacker’s eBook for writing references. 4 Examinations: Exams will be available in the Testing Center and may be taken at any time on the three days scheduled. The exams are multiple-choice. You are responsible for knowing when the Testing Center is open. Allow up to two hours to take an exam. Class will be held on the week of an exam. Under exceptional circumstances, such as a death in the family, an exam may be taken late with a maximum credit of 80%, providing timely arrangements are made with the instructor. Adjust your work and family schedules according to exam date before you take this course. Online Quizzes: You will have a set of 6 online quizzes. The due dates for the online quizzes are set in the course outline. Quizzes are open book with time limit. Quizzes are found in the Assessments area of Blackboard. Grading Scale A = 100-93 B - = 82-80 D+ = 69-67 A - = 92-90 C+ = 79-77 D = 66-63 B+ = 89-87 C = 76-73 D - = 62-60 B = 86-83 C - = 72-70 F = 59-0 Grades and Credit You will receive the same grade for your high school course as you receive for your college course. Your grade for this class will become part of your permanent college transcript and will affect your GPA. A low grade in this course can affect college acceptance and scholarship eligibility. University Policies Academic Integrity Utah Valley University expects all students to maintain integrity and high standards of individual honesty in academic work, to obey the law, and to show respect for others. Students of this class are expected to support an environment of academic integrity, have the right to such an environment, and should avoid all aspects of academic dishonesty. Examples of academic dishonesty include plagiarizing, faking of data, sharing information during an exam, discussing an exam with another student who has not taken the exam, consulting reference material during an exam, submitting a written assignment which was authored by someone other than you, and/or cheating in any form. Violators of this policy will be subject to disciplinary action. Cheating will not be tolerated. It will result in a FAILING grade for the course. In keeping with UVU policy, evidence of academic dishonesty may result in a failing grade in the course and disciplinary review by the college. Additional information on this topic is published in the student handbook and is available on the UVU website. Page 5 Commentary: Concepts will be explained/discussed in class. Your participation is required. Do not miss class. Additional materials will be handed out to you or via UVU blackboard to improve your understanding. The reading assignments are critical for a solid understanding of the material. Assigned readings should be done before the class in which they are covered. All are important. I would not have assigned them if they were not essential to your learning. While I will lecture on major concepts noted in the syllabus and will attempt to focus on integration and application, my teaching process assumes that you have read the material prior to coming to class. College success guides indicate you should spend two hours outside of class for each hour of class time to prepare for class and complete assignments. You should know that in order to earn an “A” in this course, such a time commitment will likely be necessary. Please turn off cell phones and pagers when you are in the classroom. Computers are to be utilized for coursework and activities related to coursework. If there is a misuse of laptops in class I’ll have to ban laptops from the classroom. Students with Disabilities If you have any disability, which may impair your ability to successfully, complete this course, please contact the Accessibility Services office, 863-8747, BU 146. Academic accommodations are granted for all students who have qualified documented disabilities. All services are coordinated with the Accessibility Services office. Dropping the Class _________ is the last day to drop the course without it showing on your transcript. _________ is the last day to withdraw from the class. If you drop the high school class, you must also withdraw from the UVU class to avoid receiving an E or UW (unofficial withdrawal). 6