EC 142 Principles of Microeconomics
F2DD 2008 DC
Bowen, John E.
5:00 - 10:45 PM
Textbook: Principles of Economics, 8th Edition, Case Fair. This book is used for both Econ 1 (Macro) and this Econ 11 (Micro - this class) but this book is also in a smaller version for Microeconomics. ISBN's 0-13-228914-8, 0-13-222721-5. NOTE: if you have the 8th edition by Case Fair you have the right book BUT NOT if the cover reads Principles of Macroeconomics. The Macro book will not be used in this Micro class.
Additional Resources: The Wall Street Journal is not required but is highly recommended and will be useful in class projects and discussion.
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: Students are expected to master course content to the degree that they can make practical applications to current events, controversies, and their own personal lives.
Learning Outcomes: Core Learning Outcomes
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 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 30 percent of the student’s final grade and will test students’ mastery of core learning outcomes through Multiple Choice, Tools and Methods of Economics questions, Quantitative Critical Thinking Problems, and Graphical Problems in the Communications section. For each core learning outcome, the student should be prepared to draw the relevant graph; define basic concepts or policies; determine costs, revenue and profit levels; and state final impacts on the individual, firm, and/or industry.
Link to Class RubricClass Assessment: See grading plan below which includes all aspects of class assessment. Note that the core assessment (see above) is not an open book or open notes exam. It is not a take home test. Electronic devices will not be used during the exam.
Midterm 30% 30 points
Second Exam 20% 20 points
Comprehensive Final Exam 30% 30 points
Project 10% 10 points
Homework 10% 10 points
TOTAL 100% 100 points
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: Consideration and respect for others is mandatory and nothing less will be tolerated. During class time, there will be no private conversations, use of cell phones, work on anything not related to the class, or any other action that would be distractive.
Everyone is expected to be on time and remain until class is over.
SESSIONS ONE THROUGH THREE: Chapters One through Six.
Session One: Introduction and overview. Organization of groups.
Homework and project assignments. Begin study of basic economic
Sessions Two and Three: Basic economic analysis. Input and output markets.
SESSION FOUR: Review. Midterm. Group and project status reports. Overview of second part of course.
SESSIONS FIVE THROUGH SEVEN: Chapters Seven through Fourteen.
Sessions Five and Six: Production costs and market models.
Session Seven: Costs and models (Cont.) Project presentations. Homework due. Second exam. Discussion of final exam.
SESSION EIGHT: Review of Course. Comprehensive Final Exam.
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 2008-2009 Undergraduate Catalog Page 87
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 2008-2009 Undergraduate Catalog Page 87
Attendance Policy:Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.
Park University 2008-2009 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 .
Additional Information:It is very important to be present for the first night of class since it will impact the rest of the course.
Last Updated:9/24/2008 4:44:11 PM