TROY UNIVERSITY
eTROY
ECO 2251
Principles of Macroeconomics
COURSE SYLLABUS
T1 - 2015
August 10 –October 11, 2015
For course syllabus posted before the beginning of the term, the instructor reserves the right to make minor
changes before or during the term. The instructor will notify students, via e-mail or Blackboard
announcement, when changes are made in the requirements and/or grading of the course.
eTROY Courses at Troy University
All eTROY courses at Troy University utilize the Blackboard Learning System. In every eTROY course, students
should read all information presented in the Blackboard course site and should periodically check for updatesat least every 48 hours. Remember: This is not a “correspondence course” in which a student may work at
his/her own pace. Each week there are assignments, online discussions, online activities and/or exams with
due dates. Refer to the schedule at the end of the syllabus for more information.
This course is standardized throughout eTROY by the Sorrell College of Business, Department of Economics,
Finance, and RMI. Each eTROY section of ECO-2251 (ECO-2252) uses the same textbook, assignments,
assignment schedule, and course requirements. I am available to answer questions and address your
concerns. Best wishes for success this term in ECO-2251 (ECO-2252).
INSTRUCTOR & DEPARTMENT CHAIR INFORMATION
Your Instructor for this course is:
Dr. John Roufagalas
Professor of Economics
Building 135, Room 211, Montgomery Campus
334-241-5928
Email: jroufagalas@troy.edu
The Department Chair for this course is:
Dr. Phillip Mixon, Associate Chair of Economics
Email: pamixon@troy.edu
Phone: (334) 670-3140
Students: Please put ECO2251 in the subject line of any emails sent to the instructor
The contact information for Dr. Mixon, Associate Chair of Economics for this course, is presented above. This
information is provided in the event that you cannot resolve a situation with me, your instructor. Dr. Mixon is
to be contacted ONLY after (1) you have first contacted me, (2) you have not received a response from me
within 48 hours, and (3) you do not agree with my resolution of your concern. For grade appeals, please
consult the appropriate Graduate or Undergraduate Catalog for areas of permissible appeal. Thank you for
your help in this matter.
INSTRUCTOR EDUCATION
See the instructor's biography under the Faculty menu button in Blackboard.
TEXTBOOK AND/OR OTHER MATERIALS NEEDED
REQUIRED:
Please note the following:
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Students should have their textbook from the first week of class. Not having your textbook will not be an
acceptable excuse for late work. Students who add this course late should refer to the “Late Registration”
section for further guidance.
The textbook provider for eTROY classes at Troy University is Barnes and Noble. The Web site for
textbook purchases is http://troy.bncollege.com. The bundle offered by Barnes and Noble includes
a loose leaf version of the textbook as well as access codes for MindTap. The bundle price is
approx. $189.
The text you receive should look like the one pictured above.
• Note: the bundle contains the loose leaf version of the full Principles text, plus an access
code for both Macroeconomics and Microeconomics. The bundle can therefore be used for
both ECO-2251 and ECO-2252.
• Note: The loose leaf version does not contain every chapter that would be found in the full
text. By omitting these chapters, we were able to cut cost to save you money. Also, the
deletion of these chapters does not affect the material taught in this course. Check each
learning module to determine which chapters to refer to.
If you purchase your textbook outside of MBS, then you will have to purchase a MindTap code. The access
code purchased by itself for about $128 for a two semester access. This code also allows you access to the
eBook, but you will not have the textbook.
eBook access for each chapter can be found in the Learning Modules.
ADDITIONAL READING
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Required: As listed in the course schedule assignment section and in the Class Discussions section.
Specific weekly reading assignments from the textbook can be found in the Procedures section posted in
each learning module in Blackboard. PowerPoint slides and/or links to PowerPoint slides are also provided
in the Procedures section for each weekly module.
Recommended: Students are encouraged to explore the Supplemental Materials page in each module,
and the MindTap website where you will find interactive graphing exercises, games, and other material
designed to aid you in successful completion of this course.
ATTENDANCE POLICY
In addition to interaction via Blackboard and e-mail contact, students are required to contact the instructor via
e-mail or telephone by the first day of the term for an initial briefing. Although physical class meetings are not
part of this course, participation in all interactive, learning activities is required.
LATE REGISTRATION
Students who register during the first week of the term, during late registration, will already be one week
behind. Students who fall into this category are expected to catch up with all of Week #1 and Week #2's
work by the end of Week #2. No exceptions, since two weeks constitutes a significant percentage of the
term's lessons. Students who do not feel they can meet this deadline should not enroll in the class. If they
have registered, they should see their registrar, academic adviser, GoArmyEd or Military Education officer to
discuss their options. Also note that late registration may mean you do not receive your book in time to make
up the work you missed in Week #1. Not having your book on the first day of class is not an excuse for late
work after the deadlines in the Course Schedule.
If you have extenuating circumstances, check with your instructor before automatically assuming you have an
extension – you will have access to an eText so there is no excuse for not starting in immediately on the work
regardless of when you sign up for the class. Extensions will not automatically be granted.
ELECTRONIC OFFICE HOURS
Tuesday and Thursday 4:00 – 7:00 p.m.
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You can also post questions in the Course Questions and Answers section in the Class Discussions forum in
Blackboard. I check that forum daily during weekdays, but for more immediate and personal assistance,
you should contact me via phone or email.
Troy instructors are required to respond to student messages within 24 to 48 hours.
PREREQUISITES
None.
ENTRANCE COMPETENCIES
The student must possess the knowledge and skills of a high school graduate and the capability to perform on
a college level. Knowledge of basic mathematics, such as multiplying and dividing fractions and using
percentages, simple algebra, and the ability to read and construct graphs, is assumed. Students who feel they
do not possess the needed graphical skills should work through the tutorial listed in Blackboard in the Helpful
Links section
CATALOG DESCRIPTION
Macroeconomic theory of the national economy with emphasis on income, employment, banking, and public
policy.
PURPOSE (COURSE OBJECTIVES)
To provide familiarity with the fundamental concepts and theories of economics as they apply to everyday life.
These include the concepts of price determination, national income accounting, governmental fiscal and
monetary policy, and economic growth. Prerequisite for admission into upper-level business courses. A choice
of ECO 2251 or ECO 2252 is required for the ASB Business Administration minor.
STUDENT LEARNING OUTCOMES
On completion of the course, the student should be able to:
1. Explain resource allocation—both market and nonmarket methods of allocation.
2. Outline the relationships among spending, output, employment, and inflation and their relation to the
goals of macro and/or economic growth.
3. Explain changes in the equilibrium price level, output level, and level of employment using the
aggregate demand (AD) and aggregate supply (AS) framework.
4. Assess the impact of fiscal policy on an economy.
5. Explain money creation, the Federal Reserve System, and the role of monetary policy in an economy.
RESEARCH COMPONENT
No additional research component required, other than what is mentioned above.
USEFUL WEBSITES FOR THIS COURSE
See the External Links section in Blackboard.
COURSE REQUIREMENTS
Even though this is an on-line distance learning schedule, the requirements and expectations are equal to that
of the same in-class course. It is assumed that students have already considered the challenges of an on-line
course and will complete the necessary quantity of course work with the level of quality expected to consider
the requirements successfully met. ALL REQUIREMENTS MUST BE MET IN ORDER TO RECEIVE A GRADE
IN THIS COURSE.
1. Upon Enrollment:
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Order the text with MindTap for an access code to be used in conjunction with homework and access
other premium content; delays due to not ordering course materials upon your date of
enrollment will not be an excuse for late assignments.
Check your email address in Blackboard and ensure it is not listed as none@none.com and that it is
set to your TROY email account. If it isn't listed or the address listed is incorrect, update it
immediately. This is your responsibility.
Read all material in the Syllabus module in Blackboard.
Register for MindTap by accessing the any MindTap file (for instance, go to Learning Module 1
and click on the eBook file). MindTap does have a three-week trial period, so if your textbook is
late take advantage of the trial to start your assignments.
Do the Early Entry Assignment. All students must complete this timed*, 20 minute
homework assignment to verify that they have read and understand the syllabus and
course policies. The exercise is located in the Learning Modules tab under Module 1 in
Blackboard. .**YOU WILL NEED TO MARK REVIEWED (under the Syllabus and Course
Information -> How To Succeed in this Class) TO ACCESS THE EARLY ENTRY ASSIGNMENT.**
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This assignment counts 2.5% towards your final grade
Post an introductory bio post and reply to at least two other students in the Class
Discussions Board. Make sure your post your initial bio by Saturday; replies can be made
through Sunday of Week 1. This assignment counts 2.5% towards your final grade.
Also, please read about the AUTOSUBMIT feature at the end of the Tests section, as both the early
entry assignment and midterm will use this.
2. Online Discussion: Participation in on-line learning activities is required during specific periods via the
course Class Discussions Forum in Blackboard. You must actively participate every time a topic is posted –
there are no "optional" discussion assignments in this class. Content will be assessed according to the
criteria listed in the Information section on Discussion Threads. Please read this document so you
understand what is expected of you. Each discussion board post counts towards 5% of your total
grade. Posts made after the weekly deadline will not receive any credit or be graded.
NOTE: The premise for a discussion group is to provide a venue to supply your input, using relevant
economic theory, and provide discussion opportunities to other students. To submit all your discussion
requirements at the last minute – just before the due date/time does a disservice to your fellow students
as they do not have an opportunity to respond/address your comments/criticism. As a result, your essays
should be posted no later than Saturday evening each week, although replies can be done anytime up
until the Sunday (11:59 PM Central) deadline. Essays posted on Sundays will be subject to a 10% late
penalty; essays or replies submitted after the Sunday deadline will not be graded at all.
3. Recorded Lectures: There is a Recorded Lectures tab under the Learning Modules/Weekly Assignment
tab in your Blackboard course page. Each chapter has several 15 minute or shorter videos that present
the chapter material via PowerPoint presentation. You will also find numerous examples relating to the
material in these videos. These videos are embedded directly into the course, so you will not need to link
out of the course.
4. MindTap and Aplia Homework:
a.
b.
c.
MindTap houses the Aplia homework assignments. Many of the tools and study aids have
already been pulled out of MindTap and placed in the learning modules. Visit the “MinTap
files” section in “Syllabus and Course Information” for more information about MindTap.
MindTap has weekly homework assignments that are to be completed by 11:55 p.m. Central
on Sunday of the applicable week. Homework assignments afford you the opportunity to
demonstrate your knowledge of course material. You may work on each homework
assignment three times; you have the option to correct any incorrect answers. These
assignments are auto-graded with your highest score recorded in Aplia and transferred to the
Blackboard grade center. Graded assignments are only available during the applicable week.
You can find each homework assignment in the Learning Modules. Again note: these are
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d.
Aplia homework assignments that are housed by MindTap.
If you have technical issues with MindTap, please visit
http://support.cengage.com/Magellan/TechSupport/Login.aspx NOT Blackboard Support;
MindTap has its own technical support and that Blackboard Support is unable to assist with
this publisher-provided content.
5. Tomlinson Videos: These are supplemental lecture videos found in each Learning Module under the
supplemental materials folder.
a. Each module contains several lecture-like videos featuring Steven Tomlinson. These videos
are very detailed and will aid students with the graphing aspect of this course in particular.
b. To access these videos, go to the week’s learning module and access the supplemental
material page. Links to each video are hyperlinked in blue, and show the chapter and
corresponding section.
6. Learn Liberty/Stossel Videos
a.
b.
c.
Each module may contain additional videos either embedded directly in the module or with
links to the video. These videos are short, lasting approximately 3-8 minutes each.
Each video explains economic concepts from a free market perspective. These videos provide
often insightful ways to learn about particular concepts.
Some of these videos are supplemental and others are required as a part of discussion board
posts (Learning Modules 2, 4 & 7).
7. Other Supplemental Material
a.
There are many additional supplements available in the Supplemental Materials folder in
each Learning Module. These include:
i. Worked Problems – A step-by-step guide to solving many of the math style questions
in each chapter.
ii. Ask the Instructor – Short video clips of explanations of key ideas explained by an
economist.
iii. Greg Mankiw Answers Key Questions – The author of your textbook answers key
questions relevant to each chapter
iv. See It Graphing Videos – Short video clips that provide explanations on the various
graphs encountered throughout the textbook.
v. Mankiw Blog Map – Selected blog posts from Greg Mankiw’s Blog related to topics in
each chapter.
vi. Practice Questions – 20 practice questions drawn from a pool of questions in each
module. You only receive one attempt at these. You will be able to review the
questions and answers when you complete the attempt.
8. Graded Homework: Each week there are one or two graded homework assignments that must be
completed in MindTap consisting of multiple-choice, graphing and fill in the blank questions covering all
chapters assigned that week. To access the homework, go to the learning module that corresponds to the
proper week. Homework assignments are typically located near the end of each learning module. From
there, you can select the “click to launch” icon. This links you directly to the homework. The homework is
untimed. While taking the homework you may get three attempts on each question. To get these you
need to grade each problem using the “Grade it Now” before you submit your homework (see the video
tutorial on Blackboard). This gives you the option to “Try another version” with feedback from your
attempt. Once you submit your homework you will no longer be able to try each question three times. The
best score counts. Students who do not complete the homework before the weekly Sunday deadline
(11:55 PM Central) will receive a zero on any unanswered questions.
9. Test: There is one timed (1 hour and 30 minutes) midterm examination covering the first four
weeks/modules of the course that you must take in Blackboard. The exam is not proctored. The exam can
be found on the last page of Learning Module 5 and will be available at the start of week 5 (Monday 12:00
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AM Central Time) and end at the conclusion of week 5 (Sunday 11:59 PM Central Time). The midterm is
counted towards your grade and will not be dropped.
AUTOSUBMIT FEATURE: Timed assessments use a running clock – the clock starts running when you
start the test and ends after the stipulated time. All timed assessments in this course (early entry
assignment and midterm) will use Blackboard’s autosubmit feature. When the allocated time has expired
but you have not yet submitted your exam, Blackboard will automatically save and submit your
assessment so you will not be able to work longer than the allowed time. Should this happen, your grade
is based on the number correct divided by the total number of questions in that assessment. Unanswered
questions are graded as incorrect. For instance, if an exam is set to a time limit of 40 minutes, you will get
a warning indicator at various intervals to remind you that time is nearly up. There will also be a
completion bar that will be on the screen to alert you as to how far you are from finishing the
assignment. Once the time has elapsed, regardless of your completion status the exam will save
automatically and will close. You will not be given any additional time to complete unanswered questions.
Note that if you finish the exam earlier than the time allotted, you should still submit the exam yourself.
Auto-submit will only activate once the time limit is reached.
In the past, the Blackboard clock has been the official time keeper and if a student went over the allotted
time on a quiz, a 5% point deduction per minute (or portion thereof) was assessed. Please note, in the
event the “save and submit” feature does not work for some reason the same penalties will be assessed if
a manual grade is required. This feature does not remove the overage penalty; it is simply a fairer way to
ensure all students are abiding by the time constraints.
Time management is a key component of any online courses and especially so when you are preparing for
and taking exams. This feature will allow you some extra assistance keeping on track.
10. Final Examination**: Students are required to take a PROCTORED two-hour final examination
presented electronically via Blackboard during Week 9. The final exam can be found in Learning
Module 9. This PROCTORED final exam will be available from 6:00 a.m. (Central), Sunday October 5,
2015 in Week 8 until 10:00 p.m. Central, Saturday, October 10, 2015 in Week 9. This
comprehensive, closed-book/closed-notes exam will consist of multiple choice questions covering all
learning objectives in this course. The only materials you will be allowed to take into the testing center will
be a simple calculator with no text storage capability -- no telephones, books or notes are permitted.
Blank scratch paper may be provided by your proctor, but this must be given to the proctor before you
leave the testing center. There is a 5% per minute (or portion thereof) point deduction if you go over the
time allotted. Proctors must be approved by eTROY. See Blackboard for further information about this
test, its location in Blackboard, the proctoring system, and deadlines for submitting forms to eTROY.
IMPORTANT: See the Examination Schedule & Instructions section of this syllabus and the
announcement in Blackboard for how time limits on tests are handled in Blackboard.
** You will not be able to access the final exam without using a pre-approved proctor. See
Blackboard for more details and instructions on how to get a proctor approved. It is YOUR
responsibility to file forms by the deadline as approvals can take several weeks. Your instructor
does not control the proctor approval process; contact eTROY if you have questions.
METHOD OF INSTRUCTION
This is an eTROY class. It is not a “correspondence course” in which a student may work at his/her own pace.
Each week there will be assignments, on-line discussions, and/or exams with due dates. Refer to the schedule
at the end of this syllabus for more information.
MAKE-UP WORK POLICY
Missing any part of this schedule may prevent completion of the course. If you foresee difficulty of any type
(i.e., an illness, employment change, etc.) which may prevent completion of this course, notify the instructor
as soon as possible. Failure to do so will result in failure for an assignment and/or failure of the course. (See
“Attendance” Policy.) If I have not heard from you by the deadline dates for assignments, exams, or forums,
no make-up work will be allowed (unless extraordinary circumstances exist, such as hospitalization). Requests
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for extensions must be made in advance and accompanied by appropriate written documentation. “Computer
problems” is not an acceptable excuse.
INCOMPLETE GRADE POLICY
Missing any part of the Course Schedule may prevent completion of the course. If circumstances will prevent
the student from completing the course by the end of the term, the student should complete a request for an
incomplete grade. Note: A grade of incomplete or “INC” is not automatically assigned to students, but rather
must be requested by the student by submitting a Petition for and Work to Remove an Incomplete Grade
Form. Requests for an incomplete grade must be made on or before the date of the final assignment or test of
the term. The form will not be available after the last day of the term. A grade of “INC” does not replace an
“F” and will not be awarded for excessive absences. An “INC” will only be awarded to student presenting a
valid case for the inability to complete coursework by the conclusion of the term. It is ultimately the
instructor’s decision to grant or deny a request for an incomplete grade, subject to the policy rules below.
Policy/Rules for granting an Incomplete (INC): An incomplete cannot be issued without a request from the
student. To qualify for an incomplete, the student must:
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Have completed over 50% of the course material and have a documented reason for requesting
incomplete (50% means all assignments/exams up to and including the mid-term point, test, and/or
assignments.)
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Be passing the course at the time of their request.
If both of the above criteria are not met an incomplete cannot be granted.
An INC is not a substitute for an “F”. If a student has earned an “F” by not submitting all the work or by
receiving an overall “F” average, then the “F” stands.
**As of April 2013, students may submit an electronic form requesting an incomplete grade. The
following information below specifies how to do this.
Students who wish to request incomplete grades from their instructors may use the New Electronically Routed
Incomplete Grade Request form located on the Records website at
http://trojan.troy.edu/records/forms.html
SUBMITTING ASSIGNMENTS
Assignments must be submitted by the deadlines stipulated on the last two pages of this syllabus. Aplia
homework is submitted via MindTap with results posted automatically to Blackboard. Tests are automatically
submitted in the Learning Module area in Blackboard when you click the "submit" button after completing each
assessment. Responses to weekly discussion topics can be done by clicking on the “submit” buttons when in
the course Class Discussions Forum in Blackboard. Arrangements for extensions must be made in advance and
may require written documentation.
METHOD OF EVALUATION
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Introductory Bio Post /Early Entry Assignment
Class Discussions Participation:
Homework (Aplia):
Midterm Exam:
Final Examination (comprehensive):
5% of the course grade (2 total at 2.5% each)
15% of the course grade (3 total @ 5% each)
40% of the course grade (14 total @ 2.86% each)
20% of the course grade
20% of the course grade
Note: Grades are based solely on the items listed above. There is no additional extra credit work given or
assigned in this class. Students who wish to do well need to do the practice work recommended each week in
the assignments handouts before completing any graded assignments. Due dates for all graded assignments
are listed on the last two pages of this syllabus.
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ASSIGNMENT OF GRADES
All grades will be posted in the student grade book in Blackboard and will be assigned according to the
following or similar scale. Grades are based on the Weighted Total shown in Blackboard at the end of the
course:
A
90 – 100%
B
80 – 89%
C
70 – 79%
D
60 – 69%
F
59% and below
FA:
“FA” indicates the student failed due to attendance. This grade will be given to any student
who disappears from the course for three or more weeks. See the Attendance section of this
syllabus for additional information.
TROY EMAIL
All students were required to obtain and use the TROY email address that is automatically assigned to them as
TROY students. All official correspondence (including bills, statements, emails from instructors and grades,
etc.) will be sent ONLY to the troy.edu (@troy.edu) address.
All students are responsible for ensuring that the correct email address is listed in Blackboard by
the beginning of Week One. Email is the only way the instructor can, at least initially, communicate with
you. It is your responsibility to make sure a valid email address is provided. Failure on your part to do so
can result in your missing important information that could affect your grade.
Your troy.edu email address is the same as your Web Express user ID following by @troy.edu. Students are
responsible for the information that is sent to their TROY email account. You can get to your email account by
logging onto the course and clicking “Email Login”. You will be able to forward your TROY email to your
GoArmyEd account. You must first access your TROY email account through the TROY email link found on the
Web site. After you log in to your TROY email account, click on “options” on the left hand side of the page.
Then click on “Forwarding”. This will enable you to set up the email address to which you will forward your
email.
INTERNET ACCESS
This is an online class. Students must have access to a working computer and access to the Internet. Students
can use a TROY computer lab (if available), a public library, etc., to insure they have access. “Not having a
computer” or “computer crashes” are not acceptable excuses for late work. Have a back-up plan in place in
case you have computer problems.
HOW TO VIEW A COMPLETED TEST OR ASSIGNMENT IN BLACKBOARD
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Log into this course and click on "My Grades" in the Course Tools button.
Click on your score. If feedback is enabled, you'll get to see the actual test.
NOTE: Not all exams are viewable, or feedback may be delayed until after all students have taken the test. If
you click on the score and all you get is the score itself, then your instructor has not enabled feedback. If you
did not take a particular test, then no feedback is possible nor will a copy of a sample test be provided to you.
Viewing Midterm: You will only be provided a score during the term itself on the midterm. If you wish to
know what you missed before then on a particular test, arrange a phone conference. The midterm will be
available on Monday and Tuesday of Week 9 (final exam week).
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EXAMINATION SCHEDULE & INSTRUCTIONS
This course requires one proctored exam – the final exam. The time/dates of the final exam are from 6:00
a.m. Central, Sunday, October 5, 2015 to 10:00 p.m. Central, Saturday, October 10, 2015. You are
responsible for working with eTROY Undergraduate Testing to arrange for a proctor. All necessary instruction
and information can be found by clicking the Proctor Info tab at the top of your Blackboard screen or in the
proctored exam flipbook:
http://troy.blackboard.com/bbcswebdav/institution/eTROY/Academics/Proctored%20Exam/proctored.html .
Direct questions about proctoring to eTROY: http://www.troy.edu/etroy/testing/contactus.htm .
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Homework, discussion topics, and exams are available for a specific time period only. See the Course
Schedule in the back of this syllabus for the dates each is available.
All exams are delivered on-line via Blackboard and are in multiple-choice format. Links to all graded
assessments except the final examination are found in each Learning Module in the Assignments section.
All graded tests during the term are unproctored. Course integrity on these will be maintained by applying
strict time limits on the exams, and providing exams that are randomly generated from test pools.
Students will not receive the same test questions. Timed assessments use a running clock – the clock
starts running when you start the test and ends after the stipulated time.
The final examination in this course is proctored. See the Course Requirements section as well as the last
two pages of this syllabus for more information on this required proctored exam. The final examination in
this course is proctored. See the Course Requirements section for more information on this required
proctored exam.
The autosubmit feature in Blackboard will be used for the midterm. See the COURSE REQUIREMENTS
section for more information as to how this works and on which assignments it will be used.
Specific instructions are posted in the FAQ section and in a handout in the Information section as to how
to deal with problems such as a lost connection, error messages, etc. while taking exams. Please print
these out to refer to in case you run into difficulty while taking an exam so you know what to do!
Your instructor reserves the right to reject any work submitted by you which appears to be of a type or
quality that is incongruent with what the instructor perceives to be your previously-demonstrated
comprehension of course materials. While your work is expected to improve over the term, work which is
of a quality entirely inconsistent with previous submissions or written communications will cause your
instructor to question whether the work is your own or represents that of someone else. If this is
suspected in the case of an exam or quiz, the instructor may require you to retake that quiz or exam with
a proctor.
You need to understand and do the following:
• Monitor your time – time management is critical and is your responsibility. Use a watch in addition to
using the timers in Blackboard to ensure you finish the entire assessment in the time allowed. You will
not be able to see the system clock on your computer, so please have an alternate timer available!
• Ensure you know the subject matter since you will not have sufficient time to look up answers.
• Don’t wait until the last minute to take your timed assessments because technical support may not be
available in the event you have problems.
• Everyone operates under the same time constraints. Plan ahead, as poor system responsiveness is not an
excuse for an incomplete exam nor can additional time be given in this event.
• Test software problems must be documented through the Troy Help Desk (Blackboard), but it is up to the
instructor as to whether the excuse is acceptable. See “Internet Access” below.
TECHNOLOGY REQUIREMENTS
In addition to the requirements listed in the Blackboard syllabus button, students must have:
• Students must have a copy of Adobe Acrobat’s Reader, which may be downloaded for free at
http://www.adobe.com/products/acrobat/readstep2.html.
• You will also need to install Adobe Flash Player to be able to view some of the files on Blackboard. Links
are available in Blackboard.
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To view Mankiw videos, QuickTime player is required. Visit section 4.5 QuickTime Player under the
Syllabus and Course Information tab in Blackboard to find a link to download QuickTime.
ADDITIONAL INFORMATION
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Economics cannot be memorized. Similar to math, the concepts must be practiced and applied. Read
the textbook, do the assigned problems, and try as many practice questions in the text and MindTap as
time permits. I strongly suggest that you use the supplements provided and those found in
MindTap study tools regularly.
Don’t wait until the last minute to do your reading, do homework, or take assessments without having
reviewed the recommended supplements in the learning modules or in MindTap. If you give yourself time
to absorb the material slowly, your comprehension will improve substantially.
Read the study and exam tips handout at the course website (located in the Syllabus module). This
will help you learn how to take an objective format exam and how to get the most out of your study time.
Contact me if you are confused about something! Your success in this course is important to me, so
ask for help if you need it. Send me an email, call me, or post a question on the Class Discussions board.
In an online class I cannot tell you are having difficulty – you have to take the initiative to contact me. If
you seek out my help early on before things become a problem it is usually easier to sort things out.
Additional eTROY policies can be found in the Syllabus button in Blackboard. All students are
expected to read the information in this syllabus as well as the eTROY policy sections included in
Blackboard itself.
Early Entry Assignment Password – econisfun
SORRELL COLLEGE OF BUSINESS - MISSION AND VISION STATEMENTS
Mission Statement
The Sorrell College of Business supports the Troy University mission by preparing our diverse student body to
become ethical professionals equipped to compete in the global business environment. To achieve this, our
faculty, staff, and administration will:
1) provide quality education in global business through our undergraduate and graduate programs,
delivered around the world through face-to-face and online environments, to traditional, nontraditional, military, and international students;
2) contribute to the development and application of knowledge focused on applied business, learning,
and pedagogical research;
3) provide service to the University, business and professional organizations, and our communities
through individual involvement, business outreach, and our centers for research.
Vision Statement
The Sorrell College of Business will be a recognized and respected leader for quality and flexibility in the
delivery of business education that prepares graduates to succeed in the global business environment.
COURSE SCHEDULE:
T1 2015
August 10 – October 11, 2015
Note: Though there are several holidays that fall within this term, we don’t adjust deadlines to account for
these in Distance Learning. If you don't wish to work on a holiday or on your vacation days, then plan taking
tests and doing your studies around these dates. If you are going on vacation, make arrangements with me to
give you assignments early so they are completed on time. Deadlines listed are in Central Time as that is
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what Blackboard uses. If you live in a different time zone deadlines are not adjusted for you so please do not
ask. A good resource to help you convert Central Time to your local time zone can be found here:
http://www.timeanddate.com/worldclock/converter.html.
Note: Readings are primarily from the textbook. PowerPoint slides and other materials are available for
download in the Learning Modules. Chapter numbers are from Version 7 of the textbook referred to
earlier in this syllabus.
The last day to withdrawal from this course and receive a 100% refund is August 17, 2015
The last day to withdrawal from this course is September 18, 2015
WEEK
READING & OTHER ASSIGNMENTS
REQUIRED BLACKBOARD ACTIVITIES
Week 1
8/10 –
8/16
(Mon.-Sun.)
Ten Principles of Economics & Thinking
Like an Economist
•
Textbook: Read Chapters 1 and 2,
including Chapter 2 appendix
•
Complete the Graphing Pre-Test & any
sections of the tutorial suggested (see
External Links for link)
•
Try key questions in book, Practice
Questions in the Supplemental Materials
page, and view any videos in
Supplemental Materials page in
Learning Module.
Due by Saturday 11:59pm Central time:
•
Post bio in Class Discussions forum
Due by Sunday 11:55pm Central time:
•
Complete entry assignment
•
Complete Aplia Homework #1 and #2*
The Market Forces of Supply and
Demand & Supply, Demand and
Government Policies
•
Textbook: Read Chapter 4 and 6
including appendix
•
Read weekly assignments handout
•
Try key questions in book, Practice
Questions in the Supplemental Materials
page, and view any videos in
Supplemental Materials page in
Learning Module.
Due by Saturday 11:55pm Central time:
•
Complete Discussion Board Post
Due by Sunday 11:55pm Central time:
•
Complete Aplia Homework #3 and #4*
Week 3
8/24 –
8/30
(Mon.-Sun.)
Measuring a Nation’s Income &
Measuring the Cost of Living
•
Textbook: Chapters 23 and 24
•
Read weekly assignments handout
•
Try key questions in book, Practice
Questions in the Supplemental Materials
page, and view any videos in
Supplemental Materials page in
Learning Module.
Due by Sunday 11:55pm Central time:
•
Complete Aplia Homework #5 and #6*
Week 4
8/31 –
9/06
(Mon.-Sun.)
Unemployment & Production and
Growth
•
Textbook: Chapters 28 and 25
•
Read weekly assignments handout
•
Try key questions in book, Practice
Questions in the Supplemental Materials
page, and view any videos in
Supplemental Materials page in
Week 2
8/17 –
8/23
(Mon.-Sun.)
* You may repeat the homework three times if you wish
to get a higher score. The best score will be counted.
* You may repeat the homework three times if you wish
to get a higher score. The best score will be counted.
* You may repeat the homework three times if you wish
to get a higher score. The best score will be counted.
Due by Saturday 11:59pm Central time:
•
Complete Discussion Board Post
Due by Sunday 11:55pm Central time:
•
Complete Aplia Homework #7 and #8*
* You may repeat the homework three times if you wish
to get a higher score. The best score will be counted.
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Learning Module.
WEEK
READING & OTHER ASSIGNMENTS
REQUIRED BLACKBOARD ACTIVITIES
Week 5
9/07 – 9/13
(Mon.-Sun.)
Aggregate Demand and Aggregate
Supply
• Textbook: Chapters 33
•
Read weekly assignments handout
•
Try key questions in book, Practice
Questions in the Supplemental
Materials page, and view any videos in
Supplemental Materials page in
Learning Module.
Due Sunday 11:59pm Central time:
•
Complete Midterm (covers all material
from Learning Modules 1-4; link found in
Learning Module 5)
•
Complete Aplia Homework #9*
The Short-Run Trade-Off between
Inflation and Unemployment & Saving,
Investment and Financial Institutions
•
Textbook: Chapters 35 and 26
•
Read weekly assignments handout
•
Try key questions in book, Practice
Questions in the Supplemental
Materials page, and view any videos in
Supplemental Materials page in
Learning Module.
Due by Sunday 11:55pm Central time:
•
Complete Aplia Homework #10 and
#11*
The Monetary System & Money Growth
and Inflation
•
Textbook: Chapters 29 and 30
•
Read weekly assignments handout
•
Try key questions in book, Practice
Questions in the Supplemental
Materials page, and view any videos in
Supplemental Materials page in
Learning Module.
Due by Saturday 11:59pm Central time:
•
Complete Discussion Board Post
Due Sunday 11:55pm Central time:
•
Complete Aplia Homework #12 and
#13*
Week 8
9/28 –
10/04
(Mon.-Sun.)
The Influence of Monetary and Fiscal
Policies on Aggregate Demand
• Textbook: Chapters 34
•
Read weekly assignments handout
•
Try key questions in book, Practice
Questions in the Supplemental
Materials page, and view any videos in
Supplemental Materials page in
Learning Module.
Due by Sunday 11:55pm Central time:
•
Complete CengageNOW Homework
#14*
Week 9
10/05-
Review material from entire course
Due SATURDAY, 10/10/15 at 10:00 p.m.
Central
Week 6
9/14 – 9/20
(Mon.-Sun.)
Week 7
9/21 – 9/27
(Mon.-Sun.)
* You may repeat the homework three times if you
wish to get a higher score. The best score will be
counted.
* You may repeat the homework three times if you
wish to get a higher score. The best score will be
counted.
* You may repeat the homework three times if you
wish to get a higher score. The best score will be
counted.
* You may repeat the homework three times if you
wish to get a higher score. The best score will be
counted.
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10/11
(Mon – SAT)
Exam opens 6 a.m. Central Sunday
Exam closes 10 p.m. Central Saturday
•
Proctored final examination **
No extensions will be given. This exam must be
taken with a proctor in a pre-approved location.
See note below.
** You will not be able to access the final exam without using a pre-approved proctor. See
Blackboard for more details and instructions on how to get a proctor approved. It is YOUR
responsibility to file forms by the deadline as approvals can take several weeks. Your instructor
does not control the proctor approval process nor do they have access to the final exam. Contact
eTROY if you have questions.
HOW TO TAKE 3 ATTEMPTS WITH EACH APLIA
HOMEWORK ASSIGNMENT
(Please note there is a video on the Announcements page in your
Blackboard course that shows you how to access these along with another
set of screenshots.)
Ensure your Internet browser IS NOT blocking pop ups (YOU MUST ALLOW POP UPS).
Ensure your computer’s internal clock is accurately set to the correct date, time, time zone, etc.
Below is an explanation (with screenshots) of how you get three attempts for each homework
assignment.
The screenshot above (there are four total) shows a home screen view of the Aplia homework
assignment. You should see three attempts. You will also see that the highest score of the three attempts
is used as your final score for the assignment.
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This screenshot shows an answered question with Grade it Now circled. To get the second and third
attempts, you should select Grade it Now, not continue. If you select continue you will go to the next
question. You will then need to go back to the home screen view of the Aplia homework and click on
the question(s) you want the additional attempts.
The next two screenshots show after selecting Grade it Now, selecting Try Another Version to allow
you a second attempt; repeat this same process for a third attempt.
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Student Expectation Statement
As an online learner with Troy University you are expected to:
Meet all appropriate deadlines – from the application process to the course assignment deadlines to
preparing for graduation there are deadlines every step of the way that have been established to make the
process easier for students to achieve their goals. It is the student’s responsibility to meet all appropriate
deadlines. Routinely review the eTROY Academic Calendar and adhere to the deadlines. Start with completing
your official application documents within the first term to meeting graduation intent deadlines.
Use your Troy email – the Troy University email is your official notification for all that goes on with your
online program and events and notices related to the University.
Be sure to read your email and keep all correspondence with Troy staff and faculty for future reference.
Go through the orientation – the orientation for both undergraduate and graduate online learners has been
designed to assist students to have a successful educational experience with their online programs.
Information on how to access Blackboard and other learning tools are included in the orientation along with
valuable resources on how to learn in the online environment.
Make sure that your computer meets the technical requirements and that you have adequate
Internet connection. Students must have access to a working computer that they have administrator rights
on and access to the Internet. Students can use University computer labs, a public library, etc. to access the
Internet but some courses may require the ability to download course related software.
Make sure you are ready for online learning – eTROY works on nine week terms. Does your learning style
match an accelerate course pace? Do you have the time to dedicate to an interactive course? eTROY courses
are not self-paced courses, you must meet all the timelines established by the instructor and participate in all
activities assigned. Read your academic catalog – your academic catalog is your “bible” for your online
degree program. Please familiarize yourself with your degree program. The undergraduate and graduate
catalogs can be found online at http://www.troy.edu/catalogs/. Pay close attention to admission requirements
and prerequisite courses. Know the requirements for your degree plan. If you have questions your academic
counselor will assist you.
Access your degree program – a link is available for students to view all degree requirements,
prerequisites, major requirements and minors, if applicable.
Be sure to read and follow your syllabus.
Be sure to register during the registration timeframes – There are four weeks of registration for each
term. Register early and order your books. eTROY runs on nine week terms. Waiting until the first week of
classes to register and order books is too late. It is the online learners’ responsibility to be prepared for the
first day of the term. eTROY students are required to order their textbooks through MBS Direct to insure the
student has the proper materials for the course. The link to order textbooks from MBS is
http://www.mbsdirect.net/Index.htm. eTROY is not responsible for issues regarding textbooks that have not
been ordered through MBS Direct.
Work with your instructor – while in an online course the online learners are expected to work with the
faculty who teach the course when questions arise related to the course and the grades. The staff cannot “fix
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a grade”. Once the course is completed for a grade and there are still issues, there are appropriate procedures
that online learners must follow to address their concerns.
Be courteous, polite and respectful – to faculty, staff and fellow students. Inappropriate behaviors and
comments will not be tolerated.
Be ethical in your coursework – Cheating, plagiarism, and other such behaviors will not be tolerated at
Troy University. Specific penalties will be determined by the faculty and the consequences will adhere to Troy
University policy.
Notify the University re: American with Disability Act - Eligible students, with appropriate
documentation, will be provided equal opportunity to demonstrate their academic skills and potential through
the provision of academic adaptations and reasonable accommodations. Further information can be found at:
http://www.troy.edu/etroy/studentservices/adaptiveneeds.htm
eTROY Policies and Procedures Revised January 2012
eTROY COURSES AT TROY UNIVERSITY
All eTROY courses at Troy University utilize Blackboard Learning System. In every eTROY course, students
should read all information presented in the Blackboard course site and should periodically check for updates—
at least every 48 hours.
TROY E-MAIL
All students were required to obtain and use the TROY e-mail address that is automatically assigned to them
as TROY students. All official correspondence (including bills, statements, e-mails from instructors and grades,
etc.) will be sent ONLY to the troy.edu (@troy.edu) address.
• All students are responsible for ensuring that the correct e-mail address is listed in Blackboard
by the beginning of Week #1. E-mail is the only way the instructor can, at least initially, communicate with
you. It is your responsibility to make sure a valid e-mail address is provided. Failure on your part to do so can
result in your missing important information that could affect your grade.
Your troy.edu e-mail address is the same as your Web Express user ID following by @troy.edu. Students are
responsible for the information that is sent to their TROY e-mail account. You can get to your e-mail account
by logging onto the course and clicking “E-mail Login”. You will be able to forward your TROY e-mail to your
GoArmyEd e-mail account if applicable. You must first access your TROY e-mail account through the TROY email link found on the Web site. After you log in to your TROY e-mail account, click on “options” on the left
hand side of the page. Then click on “forwarding.” This will enable you to set up the e-mail address to which
you will forward your e-mail.
STUDENT/FACULTY INTERACTION
Interaction will take place via e-mail, telephone, discussion board forums, comments on written assignments
and office visits (if needed and possible).
• The student will participate in this course by following the guidelines of this syllabus and any additional
information provided by the instructor, the eTROY center at Troy University, or Troy University itself.
• The student is expected to remain in regular contact with the instructor and class via e-mail or other
communications means, by participating in the discussion forums, submitting assignments and taking exams,
all in a timely fashion.
• TROY requires instructors to respond to students’ e-mail within 24 hours Mon-Thur, and 48 hours Fri-Sun.
TECHNOLOGY REQUIREMENTS
Students must have:
• A reliable working computer that runs Windows XP Service Pack 3, Windows Vista Service Pack 2, Windows
7 Service Pack 1, Mac OSX 10.5, Mac OSX 10.6, or Mac OSX 10.7
• A TROY e-mail account that you can access on a regular basis (see "TROY e-mail" above)
• E-mail software capable of sending and receiving attached files.
• Access to the Internet with a 56.6 kb modem or better. (High speed connection such as cable or DSL
preferred)
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• A personal computer capable of running Internet Explorer 8.0 or above or current versions of Firefox or
Mozilla. Students who use older browser versions will have compatibility problems with Blackboard.
• Microsoft WORD software. (I cannot grade anything I cannot open! This means NO MS-Works, NO WordPad,
NO WordPerfect)
• Virus protection software, installed and active, to prevent the spread of viruses via the Internet and e-mail.
It should be continually updated! Virus protection is provided to all Troy students free of charge. Click on the
following link https://it.troy.edu/downloads/virussoftware.htm and then supply your e-mail username and
password to download the virus software.
TECHINICAL SUPPORT CENTER
If you experience technical problems, you should contact the Blackboard Online Support Center. If you can log
onto the course simply look at the top of the page. You will see an icon entitled, “Need Help?” If you click on
this icon, you will see the information below.
For assistance with Blackboard, Wimba, and other online tools, please go to http://helpdesk.troy.edu and
submit a ticket. The Educational Technology team is available 8:00 a.m. to 8:00 p.m. seven days a week to
support your technical needs. For instructions on submitting a ticket, please click here.
NON-HARASSMENT, HOSTILE WORK/CLASS ENVIRONMENT
Troy University expects students to treat fellow students, their instructors, other TROY faculty, and staff as
adults and with respect. No form of “hostile environment” or “harassment” will be tolerated by any student or
employee.
ADAPTIVE NEEDS (ADA)
Troy University recognizes the importance of equal access for all students. In accordance with the Americans
with Disabilities Act and Section 504 of the Rehabilitation Act of 1973, the University and its Adaptive Needs
Program seeks to ensure that admission, academic programs, support services, student activities, and campus
facilities are accessible to and usable by students who document a qualifying disability with the University.
Reasonable accommodations are available to students who:
• are otherwise qualified for admission to the University
• identify themselves to appropriate University personnel
• provide acceptable and qualifying documentation to the University.
Each student must provide recent documentation of his or her disability in order to participate in the Adaptive
Needs Program. Please visit the Adaptive Needs Website @
http://www.troy.edu/ecampus/studentservices/adaptiveneeds.htm to complete the necessary procedure and
forms. This should be accomplished before the beginning of class.
HONESTY AND PLAGIARISM
The awarding of a university degree attests that an individual has demonstrated mastery of a significant body
of knowledge and skills of substantive value to society. Any type of dishonesty in securing those credentials
therefore invites serious sanctions, up to and including suspension and expulsion (see Standard of Conduct in
each TROY Catalog). Examples of dishonesty include actual or attempted cheating, plagiarism*, or knowingly
furnishing false information to any university employee.
*Plagiarism is defined as submitting anything for credit in one course that has already been submitted for
credit in another course, or copying any part of someone else’s intellectual work – their ideas and/or words –
published or unpublished, including that of other students, and portraying it as one’s own. Proper quoting,
using strict APA formatting, is required, as described by the instructor. All students are required to read the
material presented at: http://troy.troy.edu/writingcenter/research.html
• Students must properly cite any quoted material. No term paper, business plan, term project, case analysis,
or assignment may have no more than 20% of its content quoted from another source. Students who
need assistance in learning to paraphrase should ask the instructor for guidance and consult the links at the
Troy Writing Center.
• This university employs plagiarism-detection software, through which all written student assignments
are processed for comparison with material published in traditional sources (books, journals, magazines), on
the internet (to include essays for sale), and papers turned in by students in the same and other classes in
this and all previous terms. The penalty for plagiarism may range from zero credit on the assignment, to zero
in the course, to expulsion from the university with appropriate notation in the student’s permanent file.
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LIBRARY SUPPORT
The Libraries of Troy University provide access to materials and services that support the academic programs.
The address of the TROY Global Campus Library Web site, which is for all Global Campus and eTROY students,
is http://uclibrary.troy.edu. This site provides access to the Library's Catalog and Databases, as well as to
links to all Campus libraries and to online or telephone assistance by Troy Library staff. Additionally, the
Library can also be accessed by choosing the "Library" link from the University's home page,
http://www.troy.edu.
FACULTY EVALUATION
In the eighth week of each term, students will be notified of the requirement to fill out a course evaluation
form. These evaluations are completely anonymous and are on-line. Further information will be posted in the
Announcements section in Blackboard.
HOW TO LEARN ONLINE
Troy University eTROY is designed to serve any student, anywhere in the world, who has access to the
Internet. All eTROY courses are delivered through the Learning System. Blackboard helps to better simulate
the traditional classroom experience with features such as Virtual Chat, Discussion Boards, and other
presentation and organizational forums.
In order to be successful, you should be organized and well motivated. You should make sure you log in to our
course on Blackboard several times each week. Check all “announcements” that have been posted. Start early
in the week to complete the weekly assignment. You should also go to the Discussion Board early in the week
and view the topic and question/s for the group discussion exercise. Make your “initial” posting and participate
in the discussion. Begin reviewing for the exams early in the term. Do not wait until the last minute and
“cram” for these exams. You should review the material frequently, so you will be prepared to take the
exams.
eTROY CONTACT
Whether you’re experienced at taking online courses or new to distance learning, we’re here to help you
succeed in your online education. If you have general questions about eTROY programs, courses, policies,
services or other university-wide topics, please visit the eTROY web site @ http://www.troy.edu/etroy; call 1-
800-414-5756, or ASK TROY.
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