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EC 302 Labor Economics
Nygren, Christopher W.


Mission Statement: The mission of Park University, an entrepreneurial institution of learning, is to provide access to academic excellence, which will prepare learners to think critically, communicate effectively and engage in lifelong learning while serving a global community.

Vision Statement: Park University will be a renowned international leader in providing innovative educational opportunities for learners within the global society.

Course

EC 302 Labor Economics

Semester

F2J 2007 PV

Faculty

Nygren, Christopher W.

Title

Adjunct Professor of business/economics

Degrees/Certificates

BSBA cum laude,University of Missouri
MBA,University of Missouri
MBE,Claremont Graduate School

Office Location

Class-McKay 23

Office Hours

After Class

E-Mail

christopher.nygren@park.edu

cwnprof@aol.com

Semester Dates

Oct.22,29:Nov.5,12,19,26:Dec.3,10 2007

Class Days

-M-----

Class Time

5:30 - 9:50 PM

Prerequisites

EC142

Credit Hours

3


Textbook:
"Contemporary Labor Economics" by McConnell, 8th edition ISBN: 0-07-351132-3

Textbooks can be purchased through the MBS bookstore

Textbooks can be purchased through the Parkville Bookstore

Additional Resources:

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 helpdesk@park.edu or call 800-927-3024
Resources for Current Students - A great place to look for all kinds of information http://www.park.edu/Current/.


Course Description:
A study of wages, working hours, conditions of work, fringe benefits. Also, an analysis of purchasing power of wages, and productivity. Attention is given to labor unions and to government attitudes toward labor. Prerequisites: EC142 3:0:3

Learning Outcomes:
  Core Learning Outcomes

  1. Using supply and demand analysis, demonstrate and explain how labor is supplied to the marketplace in the short and long run.
  2. Using supply and demand analysis, demonstrate and explain how labor services are demanded by the marketplace in the short and long run.
  3. Explain how the labor market is influenced by unionism and governmental policies.
  4. Define the capital-labor ratio and identify how it impacts labor in a specific industry or occupation.
  5. Describe how income differentials arise based on age, education, and experience differences and explain how the pursuit of a college degree increases an in-egalitarian distribution of income.


Core Assessment:

All Park University courses must include a core assessment that measures the course Learning Outcomes.  The purpose of this assessment is to determine if expectations have been met concerning mastery of learning out comes across all instructional modalities.  For this course, the core assessment is a research paper worth 20 percent of the student's final grade.  This paper will assess students' mastery of four core learning outcomes (Learning Outcomes 1,2, 3, and 4 listed on this syllabus).

 Each student will be randomly assigned one of the general topics identified below.  Each student must then choose an original, unique specific topic by finding areal-world example of the general topic. Students may not use real-world examples from the textbook, and no two students may have the same specific topic.

Link to Class Rubric

Class Assessment:

 

Core Assessment

Grading Plan: A: 90% and up. B: 80-89%. C: 70-79%. D: 60-69%. F: below 60%.   A 2% lower cutoff will be in effect for those who have completed all homework and do not have excessive absenteeism.

                                   Evaluation Item                     Percentage of grade                                

                                      Homework                          15%                   

                                   Midterm Exam                        25%                           

                         WSJ Project Progress Report             10%                            

                         WSJ Project Final Report2               20%                             

                                      Final Exam                         30%                           

                                         TOTAL                     100%



 

Grading:

The course grade for students will be based on the overall average of homework and tests taken during the course in accordance with the weighting of the various requirements as stated in the syllabus.

All final exams in all School of Business and Management courses will be comprehensive and will be closed book and closed notes. They will constitute 30% of the total course grade and will not be a take-home exam. They will be completed during the test week in the period designated by the registrar or by the Proctor in the case online courses. If calculators are allowed, they will not be multifunctional electronic devices that include features such as: phones, cameras, instant messaging, pagers, and so forth. Electronic Computers will not be allowed on final exams unless an exception is made by the Dean of the School of Business and Management.

Classroom Rules of Conduct:
Please turn off all electronic devices.

Course Topic/Dates/Assignments:

Teams will be assigned the first night and will be assigned team presentations regarding current labor issues,domestically and globally.
In addition,students will be asked to review and comment on the historical labor perspective of Karl Marx,The Webb's of England,and Samuel Gompers of the U.S.,and their impact on the labor movement  in America and other nations.

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 2007-2008 Undergraduate Catalog Page 85-86

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 2007-2008 Undergraduate Catalog Page 85

Attendance Policy:
Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.

  1. The instructor may excuse absences for valid reasons, but missed work must be made up within the semester/term of enrollment.
  2. Work missed through unexcused absences must also be made up within the semester/term of enrollment.
  3. Work missed through unexcused absences must also be made up within the semester/term of enrollment, but unexcused absences may carry further penalties.
  4. In the event of two consecutive weeks of unexcused absences in a semester/term of enrollment, the student will be administratively withdrawn, resulting in a grade of "F".
  5. A "Contract for Incomplete" will not be issued to a student who has unexcused or excessive absences recorded for a course.
  6. Students receiving Military Tuition Assistance or Veterans Administration educational benefits must not exceed three unexcused absences in the semester/term of enrollment. Excessive absences will be reported to the appropriate agency and may result in a monetary penalty to the student.
  7. Report of a "F" grade (attendance or academic) resulting from excessive absence for those students who are receiving financial assistance from agencies not mentioned in item 5 above will be reported to the appropriate agency.

Park University 2007-2008 Undergraduate Catalog Page 87-88

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 .



Rubric

CompetencyExceeds Expectation (3)Meets Expectation (2)Does Not Meet Expectation (1)No Evidence (0)
Evaluation                                                                                                                                                                                                                                                 
Outcomes
1                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
Supply and demand analysis is used to demonstrate and explain how labor is supplied to the marketplace in the short and long run with no mistakes. Supply and demand analysis is used to demonstrate and explain how labor is supplied to the marketplace in the short and long run with one to three mistakes. Supply and demand analysis is used to demonstrate and explain how labor is supplied to the marketplace in the short and long run with more than three mistakes. Supply and demand analysis is not used to demonstrate and explain how labor is supplied to the marketplace in the short and long run. 
Synthesis                                                                                                                                                                                                                                                  
Outcomes
2                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
Supply and demand analysis is used to demonstrate and explain how labor services are demanded by the marketplace in the short and long run with no mistakes. Supply and demand analysis is used to demonstrate and explain how labor services are demanded by the marketplace in the short and long run with one to three mistakes. Supply and demand analysis is used to demonstrate and explain how labor services are demanded by the marketplace in the short and long run with more than three mistakes. Supply and demand analysis is not used to demonstrate and explain how labor services are demanded by the marketplace in the short and long run. 
Analysis                                                                                                                                                                                                                                                   
Outcomes
3                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
The impact of unionism and governmental policies on a specific industry or occupation is identified with no mistakes. The impact of unionism and governmental policies on a specific industry or occupation is identified with one to three mistakes. The impact of unionism and governmental policies on a specific industry or occupation is identified with more than three mistakes. The impact of unionism and governmental policies on a specific industry or occupation is not identified. 
Application                                                                                                                                                                                                                                                
Outcomes
4                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
The capital-labor ratio is perfectly defined and its impact on labor in a specific industry or occupation is perfectly explained. The capital-labor ratio is defined and its impact on labor in a specific industry or occupation is explained with one to three mistakes. The capital-labor ratio is defined incorrectly and its impact on labor in a specific industry or occupation is explained with more than three mistakes. The capital-labor ratio is not defined and its impact on labor in a specific industry or occupation is not explained. 
Content of Communication                                                                                                                                                                                                                                   
Outcomes
4                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
Works Cited page is properly formatted and complete. Works Cited page has one to two errors. Works Cited page has three or more errors. Works Cited page is not present. 
Technical Skill in Communicating                                                                                                                                                                                                                           
Outcomes
1,2,3,4                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
Four research sources are correctly identified on the Works Cited page and five sources are cited. Three to two research sources are correctly identified on the Works Cited page and four to two sources are cited. One research source is correctly identified on the Works Cited page and four to two sources are cited. No research has been conducted. 
First Disciplinary Competency                                                                                                                                                                                                                              
Outcomes
1                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
Supply analysis is applied to the labor market with no mistakes. Supply analysis is applied to the labor market with one to three mistakes. Supply analysis is applied to the labor market with more than three mistakes. Supply analysis is not applied to the labor market. 

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Last Updated:10/19/2007 9:13:34 AM