Olympic College Alan Ward Office Phone: 360-475-7378 Office Hours: MWF – 9-10 am & TuTh 12-1 pm March 31st to June 11th – Office: BUS 107 Email: award@olympic.edu Online Macroeconomics (ECON 202) – Class Syllabus Winter Quarter 2014 – Items No. 2057 Distance Learning- Using Canvas/Pearsonmylab/Professor’s Online Required Text: Required Course Materials: Economics Today. R.L.Miller. 16th ed. Pearson Addison Wesley www.pearsonmylabandmastering.com for registration and enrollment in Online Macroeconomics OC Spring 2014 Course Code will be given to each student at first class; after registering at www.pearsonmylabandmastering.com (using the Student Access Code (bought with new textbook or online) Syllabus for the course will be emailed to each student. Course Description: An introduction to the principles of macroeconomic statistics is presented. Students will be introduced to the concepts of scarcity, trade-offs and supply and demand. Economic principles are studied within the framework of classical, Keynesian and Monetarist and alternative models. Emphasis is given to national income determination, money, banking and the central bank and the role of monetary and fiscal policy in economic stabilization and growth. Other topics include international trade and finance, and the role of international monetary policy. Course Objectives: 1. Identify the major macroeconomic problems confronting the US economy. 2. Identify and explain the primary causes of these problems. 3. Identify and explain the principle economic effects of these problems. 4. Demonstrate mastery of the macroeconomics necessary to think intelligently about these problems. 5. Identify, explain and justify appropriate policy options for resolving problems. 6. Evaluate the validity of the policies proposed by others for resolving these problems. 7. Understand the truth about inflation and its real causes. NOTE: Attendance is expected and excessive absences will result in lowering of a student’s grade. COURSE REQUIREMENTS: Chapters 1-18 & 32-33 are to be covered. Read text and review each chapter summary View videos online: Watch all videos by Dr. R. L. Miller and selected videos from Multimedia Library at www.pearsonmylabandmastering.com 3 Special Topic papers; one-page, double-spaced based on videos; Viewing video selections and writing 2 questions that relate to the video, extra credit for online. (maximum 5 points for 5 video with 2 questions about each video). ONLINE ASSESSMENT AT: www.pearsonmylabandmastering.com Directions for “How to Register” for www.pearsonmylabandmastering.com (the online assessment and study materials) will be given through an email on the first class day. To get to Professor’s Online from the Olympic College Home Page - click and hold down left mouse button at Current Students to open the pull down menu; click Professors Online; scroll down and click my name (Alan Ward); click Microeconomics; study helps and Powerpoint slides are available (along with a generic syllabus and outdated How to Register file). Tests/Quizzes/Final Exam are online at www.pearsonmylabandmastering.com Check www.pearsonmylabandmastering.com for a Calendar for available dates and due dates. Assessments are open for about 2 weeks. Register and enroll at www.pearsonmylab.com to access study materials, assigned quizzes, assigned tests and the Final Exam. This is a course requirement. Use www.pearsonmylab.com Textbook Resources, Study Plan and Calendar: Calendar – Check quiz/test available and due dates Practice tests– Prepare for quizzes and tests Video clips – reinforce the text’s concepts Audio clips – more reinforcement of the text’s concepts Animations – great help for building understanding of graphs and concepts Flash cards for vocabulary practice and quiz/test preparation 14 QUIZZES: Quizzes to cover from 1 to 3 chapters 5 TESTS and FINAL EXAM: Test 1: Chapters 1-3 Test 1B: Chapters 4-6 Test 2: Chapters 7-9 Test 2B: Chapters 10-12 Test 3: Chapters 13-17 Chapters 18, 32 &33 Emphasized on Exam Final Exam: (Comprehensive Final must be taken or score counts as a zero.) Class begins Monday, March 31st and ends June 11th, 2014 Final Exam is online Monday through Thursday, March 17th - 20th, 2014 No classes on: Monday, May 26th (Memorial Day); Last Class Day: Monday, June 6th; All work due except Final Exam Stay up-to-date by checking the calendar on www.pearsonmylabandmastering.com. Videos: Watch and record Title and date viewed and length of video; send as email attachment before the last week of class for full credit. 5 points GRADING: 5 Tests and Final Exam = 60% of course grade (100 pts each): 600 points (Final Exam may replace a lower test score) Average of 14 quizzes = 15% of course grade 150 points 3 Special Topics Papers = 15% of course grade 150 points Participation/Activities = 5% of course grade 50 points Record of Videos watched = 5% of course grade 50 points 1,000 points TOTAL = 100 points maximum Grade% = GPA 95+% = 4.0 86-80% = 3.1-2.5 69-64% = 1.4-1.0 94-92% = 3.9-3.7 79-75% = 2.4-2.0 63-61% = 0.9-0.7 91-87% = 3.6-3.2 74-70% = 1.9-1.5 < 61% = no credit earned Tests/Exams - 5 Tests and a Final Exam will be given. 14 quizzes are assigned with available and due dates at www.pearsonmylabandmastering.com. Be sure you check the Calendar at www.pearsonmylabandmastering.com frequently. The Final Exam may substitute for one lower Test Grade. Make-up Tests: Test make-up; check with your instructor. (The testing center may be used for those tests not taken by due date on calendar at www.pearsonmylab.com. Room HSS 222 and will tests will not be identical to the tests given online. The make-up tests will have questions from the test bank provided by the text’s publisher. 2 hours will be the length of the retesting time and students should complete the make-up as soon as possible or by the last day of class. A zero score will be given for not taking any of the assigned tests or quizzes by the ending date. This course has materials at Professors Online and www.pearsonmylab.com. Directions to access www.pearsonmylab.com are located at Professors Online (Alan Ward/Macroeconomics/How to Register.) SPECIAL TOPIC PAPERS: (3 required assignments) Three Special Topics are assigned & to be completed of the day of tests 1B, 2B & 3. (15% of course grade); send to my email, or bring to class on or before due date. FORMAT The heading should include the student’s name, the course name (Econ 201), the date and the # of the topic (#1, #2, #3, or Extra Credit (#4)). Typed, single-spaced. The body of the paper should be double-spaced and fill one page using font size 12 and 1 inch margins. A title is optional or may be replaced by the URL (web address) where the article was found. Format: Paragraph #1 explains the concept and discusses the source; Paragraph #2 describes how the article shows the concept; Paragraph #3 evaluates of how well the author covered topic. (Focus on any unanswered questions you have or lack of clear Information. Be specific about this, give examples.) Topic #1 Your first Special Topic Paper should be about one video from Chapters 1-6 Due on due date for Test 1B; send attached to email to award@olympic.edu Topic #2 Your second Special Topic Paper should be about a video from Chapters 7-12 Due on due date for Test 2B Topic #3 Student may select topic from articles or videos found online based on concepts from chapters 13 to 18. Due on due date for Test 3 Keep the length to one page for the Special Topic Papers. Final Exam available date and due dates are on www.pearsonmylabandmastering.com. calendar. Email me at award@olympic.edu with questions or comments during the quarter to keep in touch and let me know how things are going. I can reset quiz and test due dates, if you let me know what you need. Late work will be accepted up to two class periods after the assignment is due without reduction of grade. After this, maximum grade is 90%. Decimal to letter grade comparison (OC grade scale) 3.9 - 4.0 A 3.2 - 3.4 B+ 2.2 - 2.4 C+ 1.2 - 1.4 D+ 3.5 - 3.8 A2.9 - 3.1 B 1.9 - 2.1 C 0.9 - 1.1 D 2.5 - 2.8 B1.5 - 1.8 C0.7 - 0.8 D- 0.0** F EXPECTED STUDENT RESPONSIBILITIES: Register and enroll at www.pearsonmylabandmastering.com; check calendar frequently. Take all quizzes and tests found online at the Pearson website (including the Final Exam) as scheduled in the online calendar. Record video titles and date videos watched (all of Dr. Miller’s videos) and others from the list below. Complete and turn in 3 Special Topic Papers. Students are expected to demonstrate behavior and attitudes that are necessary to be successful in the business environment. This expectation is designed to help students understand the importance of, and develop a commitment to, those responsibilities that enable them to work successfully on their own and with others. Therefore, you are expected to: Exhibit good time management a. Being prepared, punctual and present for class. b. Completing all assigned work as scheduled. c. Scheduling sufficient time each week for reading & studying class materials. Outside of class time you will need 10 hours or more for this class. Complete individual and/or group tasks by a. Meeting assigned deadlines b. Completing your work c. Sharing your knowledge with others, in class or online Demonstrate pride in your work by a. Striving for excellence in your contributions, performances, and products b. Completing work with the correct format and complete data Read and know information that corresponds with the lectures by a. Studying the related information included in the text b. Studying the related material accessible through Professors Online and the course website (myeconlab.com) Comply with the Code of Student Conduct: WAC 132C-120. If any academic dishonesty occurs, a grade of 0.0 will be assigned. http;//www.leg.wa.gov/wac/index.cfm?fuseaction=chapterdigest&chapter=132C-120 a. Maintain high standards of honesty and integrity. All forms of dishonesty are prohibited, including cheating, plagiarism, knowingly furnishing false information to the college, and forgery. b. Complete all exams, assessments and assignments individually c. Respect the rights, privileges and property of other members of the college community STUDENTS SUBJECT TO PROVISIONS OF THE AMERICANS WITH DISABILITIES ACT If you believe you qualify for course adaptations or special accommodations under the Americans with disabilities Act, it is your responsibility to contact the disabled Students Services Coordinator in the College Service Center and provide the appropriate documentation. If you have already documented a disability or other condition, which qualify you for special accommodation, please notify me during the first week of class. STUDENTS IN THE MILITARY WHO BECAME DEPLOYED If you become deployed and are current with your assignments, please contact me to make arrangements for completing your course requirements. Have a great quarter and keep in touch especially when you have questions. Check the calendar at www.pearsonmylab.com frequently to stay up-to-date on all the assigned work. Please realize that I will not generally check my emails during weekends and from late afternoon until my office hours the next school day. I will read all emails I receive, but be aware there are some glitches that may not properly direct emails to my inbox. If there has been an important issue that needs to be resolved, see me before or after class, or during my office hours. You should also have someone look over your selection of course and graduation requirement each quarter I appreciate you’re notifying me when you will not be in class. Just send me an email. I am looking forward to working with you in this course. All students must complete their own work. Any academic dishonesty may result in a zero for that assignment. Be trustworthy and diligent to make the work you turn in the result of your own efforts. Video List: Watch all the Miller videos and choose at least one other video for each chapter. Chapter 1: ABC News Video: The Economics of Higher Education; ABC News Video: Coca Cola in India; Issues and Applications: Commuting to Work in Mumbai, India ABC News Video: The Economics of Energy; Economic Video: Myth: Outsourcing is Bad for America ABC News Video: Incentives for Perfect Attendance ABC News Video: What Drives the Market: Supply and Demand Economic Video: Stashing Your Cash ABC News Video: The Ripple effect of Oil Prices Economic Video: Government Should Leave the Farm Business Issues and Applications: Dollars for Donors YouTube: The Crisis of Credit Visualized by Jonathan Jarvis Issues and Applications: Myths, Lies & Downright Stupidity: Ethanol – the Wonder Fuel? Chapter 2: Chapter 3: Chapter 4: Chapter 5: Chapter 6: ABC News Video: Big Government: Who is Going to Pay the Bill? Issues and Applications: Increase in Social Security ========================================================================== Chapter 7: Economic Video: Gray Googlers Work from Home Economic Video: Record Job Losses ABC News Video: The Multiplier and the Business Cycle Chapter 8: Issues and Applications: GDP Slides to 20-year Low Thomas Woods, Jr. http://www.bing.com/videos/search?q=Thomas+Woods+video+The+depression+of+1921&qs=n&f orm=QBVR&pq=thomas+woods+video+the+depression+of+1921&sc=0-18&sp=1&sk=#view=detail&mid=A4D3965B7A53CB84025BA4D3965B7A53CB84025B Chapter 9-18: Optional Chapter 32, 33 Optional Videos: Watch and record Title and date viewed and length of video; send as email attachment before the last week of class for full credit. 5 points