EC 142 Principles of Economics II (Micro)
S1H 2007 BU
Kozak, Virginia L.
Senior Adjunct Instructor
BA cum laudeMSMBA
08 Jan 07-03 Mar 07
7:35 - 10:05 PM
Textbook: Case and Fair, Principles of Economics, Prentice Hall, 7th edition
Textbooks can be purchased through the MBS bookstore
Textbooks can be purchased through the Parkville Bookstore
Additional Resources: Because the economic environment changes on a daily basis, it is essential to keep informed. Regularly reading the internet sources (below) is a good way to accomplish this.
McAfee Memorial Library - Online information, links, electronic databases and the Online catalog. Contact the library for further assistance via email or at 800-270-4347.Career Counseling - The Career Development Center (CDC) provides services for all stages of career development. The mission of the CDC is to provide the career planning tools to ensure a lifetime of career success.Park Helpdesk - If you have forgotten your OPEN ID or Password, or need assistance with your PirateMail account, please email firstname.lastname@example.org or call 800-927-3024Resources for Current Students - A great place to look for all kinds of information http://www.park.edu/Current/.
Educational Philosophy: The instructor's educational philosophy is to involve the student thoroughly in the learning process by means of class discussions, projects and problem-solving. Through the frequent use of up-to-the-minute "real-world" examples, the instructor will endeavor to ensure that the principles of economics are as relevant and understandable as possible to students, no matter what their academic and work backgrounds are.
Learning Outcomes: Core Learning Outcomes
All Park University courses must include a core assessment that measures the course's Core Learning Outcomes. The purpose of this assessment is to determine if expectations have been met concerning mastery of learning outcomes across all instructional modalities. For this course, the core assessment is a final exam to be administered in all sections of EC 142. This exam is worth 20 percent of the student's final grade and will test students' mastery of four Core Learning Outcomes (Outcomes 1, 2, 3, and 4 listed on this syllabus) through definitions, short essay, and graphing questions. For each core outcome, the student should be prepared to draw the relevant graph by hand, define basic concepts or policies, identify relevant shifts in the curves, and state final impacts on relevant variables.
The core assessment is a CLOSED BOOK, CLOSED NOTES exam that must be administered and proctored in the classroom and may not be given as a take-home exam. Students should not have access to the exam or its questions before it is administered. The duration of the exam can be no longer than two hours. No calculators, computers, or materials other than a writing instrument may be used for the exam; this applies to all students, regardless of whether the exam is for on-line or face-to-face students. Completion of the exam is strictly individual; students may not work in groups to complete the exam.
Link to Class RubricClass Assessment:
Tests 1 20%; Test 2 20%; Comprehensive Final Exam 25%
Project 25% In-Class Problems(2) 5% each (10% total) TOTAL 100%
Grading: 90-100 A 80-89 B 70-79 C 60-69 D Less than 60 F or 3 or more unexcused absences
Late Submission of Course Materials: The student must discuss the late submission with the instructor prior to the due date. If there is a valid reason (e.g., military deployment) for the late submission, it is possible that no points will be deducted for lateness. If the students does not make prior arrangements and/or there is no valid reason for late submission, points will be deducted by degree/amount of lateness.
Classroom Rules of Conduct: Responsible adult behavior is expected at all times.
Discussion Topics and Class Activities
Meeting - 1
Review and discuss Demand, Supply, Price Elasticity; see video
Read and be prepared to discuss Chapters 3-4
Meeting - 2
Discuss Household Behavior and Consumer Choice
Read and be prepared to discuss Chapter 5
Meeting - 3
Discuss The Production Process
Read and be prepared to discuss Chapter 6
Meeting - 4
TEST on Chapters 3-6
Meeting - 5
Discuss Short-Run Costs and Output Decisions
Read and be prepared to discuss Chapter 7
Meeting - 6
Costs and Output Decisions in the Long Run
Read and be prepared to discuss Chapter 8
Meeting - 7
Input Demand: Labor and Land Markets
Read and be prepared to discuss Chapter 9
Meeting - 8
Input Demand: The Capital Market and Investment Decisions
Read and be prepared to discuss Chapter 10
Meeting - 9
TEST on Chapters 7-10
Meeting - 10
General Equilibrium and the Efficiency of Perfect Competition
Read and be prepared to discuss Chapter 11
Meeting - 11
Monopoly and Antitrust Policy; see video
Read and be prepared to discuss Chapter 12
Meeting - 12
Monopolistic Competition and Oligopoly
Read and be prepared to discuss Chapter 13
Meeting - 13
Read and be prepared to discuss Chapter 14
Meeting - 14
Income Distribution and Poverty
Read and be prepared to discuss Chapter 15
Meeting - 15
Read and be prepared to discuss Chapter 16; turn in project.
Meeting - 16
COMPREHENSIVE FINAL TEST; Chapters 1-16
Academic Honesty:Academic integrity is the foundation of the academic community. Because each student has the primary responsibility for being academically honest, students are advised to read and understand all sections of this policy relating to standards of conduct and academic life. Park University 2006-2007 Undergraduate Catalog Page 87-89
Plagiarism:Plagiarism involves the use of quotations without quotation marks, the use of quotations without indication of the source, the use of another's idea without acknowledging the source, the submission of a paper, laboratory report, project, or class assignment (any portion of such) prepared by another person, or incorrect paraphrasing. Park University 2006-2007 Undergraduate Catalog Page 87Plagiarism may result in the lowering of the grade for the assignment or the course, or even failure--depending upon the degree of plagiarism.
Attendance Policy:Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.
Park University 2006-2007 Undergraduate Catalog Page 89-90
Disability Guidelines:Park University is committed to meeting the needs of all students that meet the criteria for special assistance. These guidelines are designed to supply directions to students concerning the information necessary to accomplish this goal. It is Park University's policy to comply fully with federal and state law, including Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, regarding students with disabilities. In the case of any inconsistency between these guidelines and federal and/or state law, the provisions of the law will apply. Additional information concerning Park University's policies and procedures related to disability can be found on the Park University web page: http://www.park.edu/disability .
Last Updated:12/13/2006 1:58:45 PM