COURSE CONTENT:
COURSE CREDIT:
PREREQUISITIES:
READING MATERIAL:
Introduction to Economics focuses on the basic microeconomic and macroeconomic issues, their measures and relevance to everyday life. Microeconomic concepts related to demand, supply and market equilibrium and their applications in real life are discussed. The course helps students understand the concepts and relevance of
GDP, unemployment, inflation, the role of government and the Federal Reserve in dealing with short-run economic problems, and how these actions relate to long-run economic growth, productivity and our living standards.
Three semester hours
None
Brue, McConnell & Flynn, Essentials of Economics, 2 nd edition, McGraw-Hill Irwin (ISBN 978-0-07-351131-3)
INSTRUCTOR: Prof. Amlan Datta
E-MAIL: amlan.datta@cisco.edu
( preferred method of communication is by Blackboard e-mail, alternatively this e-mail )
ONLINE OFFICE HOURS: By appointment through e-mail
I. Course Procedure and Policy
ASSIGNMENTS:
This online ECON 1301 course is designed for students who are capable of self-discipline necessary in a nonstructured situation, to complete a three-hour course in one semester. The online format requires that students keep up with the readings and assignments.
In this course, we will have fun learning about how Economics influences and shapes our everyday lives, but expect to work hard. Skipping assignments/exam, etc., will not really work well for successful completion of this course.
All course requirements must be completed by the end of the semester in which the student is enrolled and by the specific dates.
Since this is an online course, all activities are presented online. Students may attend class at their leisure, which may be in their home, school, workplace, etc.
If you have any problems, it is highly recommended that you e-mail me . I will provide whatever reasonable assistance that I can, to help you successfully complete the course. However, as with any subject, you will ultimately be responsible for your own success in this course. I wish you the best.
COURSE CONTENT: College-level courses may include controversial, sensitive, and/or adult material. Students are expected to have the readiness for college-level rigor and content.
ACADEMIC INTEGRITY: It is the intent of Cisco College to foster a spirit of complete honesty and a high standard of integrity. Any attempt on the part of the students to present as their own any work that they have not honestly performed is regarded by the faculty and administration as a serious offense and renders the offender liable to serious consequences, possibly suspension.
STUDENT CONDUCT: Students are expected to take responsibility in helping maintain an environment that is conducive to online learning. A student is expected to be respectful to other students’ views whether in a traditional class or an internet class. Comments and language should be appropriate for a college classroom. Inappropriate behavior shall result in disciplinary action as described in the current student handbook.
CHANGE TO THE
SYLLABUS:
The information presented in this syllabus is subject to change or modification if deemed appropriate by the instructor.
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STUDENTS WITH
SPECIAL NEEDS:
COURSE OBJECTIVES:
WEIGHING SCHEME:
Students who qualify for specific accommodations under the Americans with Disabilities Act (ADA) should notify the instructor the first week of class. It is the student’s responsibility to provide the necessary documentation to the Special Populations Coordinator.
II. Course Objectives/Learning Outcomes
The Introduction to Economics course is designed to increase the student’s knowledge of both microeconomic and macroeconomic principles through the examination, analysis, and explanation of the nature and conduct of economic activity.
Primary objective for the course include the following:
1.
The employment of appropriate methods, technologies, and data that social and behavioral scientists use to investigate the human condition.
2.
The analysis of the effects of historical, social, political, economic, cultural, and global forces on the area under study.
3.
The analysis, critical assessment, and development of solutions to public policy problems.
4.
The development of an understanding of the evolution of the current role of the United States in the world economy.
5.
The recognition and assumption of one’s responsibility as a citizen in a democratic society by learning to think for oneself, by engaging in public discourse, and by obtaining information through the news media and other appropriate sources about politics and public policy.
The accomplishments of these objectives will be shown when, upon successful completion of this course, the student is able to:
1.
Identify the basic microeconomic and macroeconomic issues and their measures.
2.
Explain the concepts of demand, supply and market equilibrium, and their applications.
3.
Compare and contrast various market structures and the behavior of firms.
4.
Understand various macroeconomic measures – GDP, unemployment and inflation.
5.
Understand factors attributed to long-run economic growth, productivity and living standards.
6.
Understand the role of the government and the Federal Reserve bank in dealing with economic problems, including recessions, unemployment, and inflation through the use of fiscal and monetary policy.
7.
Recognize the expanding role of the United States in the global economy.
- Continuous self-assessment will be through quizzes (multiple-choice) at the end of each chapter.
- The Final exam is comprehensive . All quizzes and the Final exam will be in multiple-choice formats.
All the following requirements must be met to complete the course.
(You must complete all quizzes and the Final exam to receive full credit. Not completing any part will result in a zero for the same and will ultimately reduce your final grade.)
You will receive the grade you earn for the course, based on the following:
At the end of each chapter you will have a quiz. Each quiz is worth 5 points which is equivalent to 5% of your final grade. Total of all quizzes will account for 75% of your overall grade. (15 chapter-end quizzes x 5% each = 75%)
The final exam is comprehensive , and accounts for 25% of your overall grade. The Final exam will have 25 multiple-choice questions.
In summary: Chapter quizzes (15 quizzes x 5% each)
Final Exam (comprehensive)
Total
75% of your overall grade
25%
100%
- do -
A
LL THE ABOVE MUST BE COMPLETED IN THE SEQUENCE THAT THEY ARE PRESENTED
,
AND WITHIN SPECIFIED TIME LIMITS
.
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QUIZZES/EXAMS:
GRADE SCALE:
ADDITIONAL
INFORMATION:
Quizzes/ Final Exam are to be completed sequentially to get the maximum benefit in the learning process. You may not skip any items. However, you may move at a faster pace, and can complete Quizzes/Final Exam ahead of schedule, as and when they are available.
A = 90+ B = 80 - 89 C = 70 - 79 D = 60 - 69 F = 59 or less
Students wishing to drop the course must do so through the Admissions offices. Please do not rely on the
Instructor to drop you from the course.
If you do not complete the course requirements, or drop the course by the drop date, your grade on record will be an “F”.
As mentioned in the beginning, the preferred method of communication with the instructor is through Blackboard e-mail, or alternatively the e-mail given in this syllabus. I attempt to respond to all e-mail within 24 hours. If you have not received a response by this time, it’s likely I have not got your e-mail. Please check the e-mail ID, and resend.
If you send me an e-mail over the weekend (between Friday and Sunday), or during holidays, I will respond by
Monday morning, or the next working day.
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ECON 1301 Tentative schedule, Fall 2012
(subject to change or modification as per need)
Remarks Week # Coverage
Week 1 Introduction + Chapter 1
Read & understand the Syllabus , e-mail questions if any. For most questions
Syllabus should provide you the answer.
Read & complete: Chapter 1 + Chapter 1 Quiz
Week 2 Chapter 2 Read & complete: Chapter 2 + Chapter 2 Quiz
Week 3 Chapter 3
Week 4 Chapter 4
Week 5 Chapter 5
Read & complete: Chapter 3 + Chapter 3 Quiz
Read & complete: Chapter 4 + Chapter 4 Quiz
Read & complete: Chapter 5 + Chapter 5 Quiz
Week 6 Chapter 6 Read & complete: Chapter 6 + Chapter 6 Quiz
Week 7 Chapter 7
Week 8 Chapter 8
Week 9 Chapter 9
Week 10 Chapter 12
Week 11
Week 12
Week 13
Week 14
Chapter 13
Chapter 15
Chapter 16
Chapter 17
Read & complete: Chapter 7 + Chapter 7 Quiz
Read & complete: Chapter 8 + Chapter 8 Quiz
Read & complete: Chapter 9 + Chapter 9 Quiz
Read & complete: Chapter 12 + Chapter 12 Quiz
Read & complete: Chapter 13 + Chapter 13 Quiz
Read & complete: Chapter 15 + Chapter 15 Quiz
Read & complete: Chapter 16 + Chapter 16 Quiz
Read & complete: Chapter 17 + Chapter 17 Quiz
Week 15 Chapter 18
ALL COURSE REQUIREMENTS
(viz. CHAPTER QUIZZES & FINAL EXAM)
MUST BE COMPLETED BY THE GIVEN DUE DATES AND THE FINAL EXAM MUST BE SUBMITTED
BY GIVEN DATE & TIME, TO GET A GRADE.
Read and complete: Chapter 18 + Chapter 18 Quiz
Complete FINAL EXAM by given date and time (Check course page)
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