Econ2 #40920 Fall18 Sep.5 Nov.15 (1)

Fall Semester 2018 Economics 2 Principles to Microeconomics 3 Units Fall 2018 Dynamically Dated Course September 5- November 15 Course Prerequisites .3 units, 3 hours lecture (GR) Prerequisite: Math 203 or 211D or 205B Acceptable for credit: CSU, UC Catalogue Description Principles of micro-economics: Forms of business organization, theory of the firm within competitive and noncompetitive markets, distribution of income, poverty, labor issues, agriculture. Course Overview This course is a general introduction to the theory and practice of Microeconomics. The primary focus of this course is on how individuals and societies deal with the fundamental economic problem of scarcity. The course begins with a discussion of the methodology of economics. This is followed by a discussion of several basic tools and concepts including: marginal analysis, opportunity cost; and demand and supply analysis. Each of these introductory concepts are applied to the discussion of contemporary policy issues (e.g., the minimum wage, farm subsidies, rent control and taxation). The role of government in correcting for alternative types of market failure is also examined. The next section of the course provides a more detailed discussion of the theory of consumer demand. In this portion of the course students examine the determinants (and the importance of) several measure of the elasticity of demand and supply. In particular, students examine how the price elasticity of demand can be used to predict the change in a firm's total revenue that results from a change in the price of its output. The determinants of individual and market demand are also examined in some depth. The course focuses on an examination of the theory of the firm under conditions of: perfect competition; monopoly; monopolistic competition; and oligopoly. In each of these market models, students examine the determination of the equilibrium levels of price and output. The final portion of the course provides a discussion of the determination of equilibrium levels of wages, rental rates, interest rates, and profits under alternative market structures. Particular focus is placed on the labor market and alternative sources of wage differentials among individuals. Throughout the course, particular emphasis is placed on how economic analysis may be used to explain a wide variety of contemporary domestic and global policy issues. Student learning outcomes SLO # Outcomes 1 Demonstrate mastery of the vocabulary of microeconomics. 2 Demonstrate numerical and computational skills required for microeconomic problem solving. 3 Apply the tools and core principles of microeconomics to analyze issues facing individual consumers and producers. 4 Demonstrate mastery of the vocabulary of microeconomics. Required instructional materials and Resources In direct negotiation with the publisher, we have reached a successful $128 pricing agreement for the bundle and this price is the direct price to students . Please purchase all needed materials for this class and econ 2 at _http://www.mypearsonstore.com/stores/COA/ECON1/2_ and using these credentials to log in: Username: COA Password: econ1&2 This bundle includes the loose leaf book, the e-book and access to MyPearsonLab and is good for both econ 1 and econ 2. You can find this bundle at the college bookstore, as well. Please, order this bundle right away. Please, try to utilize the temporary free access code to get started with the course right away while you are waiting for the bundle to arrive. You do not have time to waste in this short 6 weeks course, and I will not missed deadlines, so get started right away. Course format/Instructional Methods The course will combine diverse learning modalities and tools suitable for distance learning. General information will be posted on Canvas, such as the syllabus and a list of assignments; however, we will use MyPearsonLab as the Learning Management System for this course. Please, try to use the temporary access code that MyLab provides to get started with the course right away. Course Assignments, Due Dates, and Grading Assignment % of Final Grade Chapter Quizzes (drop the lowest score) 10% TwoTerm Exams (drop the lowest by replacing it with a final comprehensive exam) 60% Module Tests (drop the lowest score) 20 % Interactive Dynamic Homework Online (drop the lowest score) 10 % Extra Credit_Video and Preparation Assignments 2 % Class grades will be based on the following letter grade distribution: Letter Grade 90–above A 78–89 B 65–77 C 55–64 D 55 and below F Exams: Each exam tests students on a segment (approx.1/3 of the course) of the course; there is a logical linkage to the material. A tentative exam schedule is given in the course calendar. No makeup exam will be given except in the case of a documented emergency. In such an event, a student should contact the instructor as soon as possible (please find e-mail on the top of the syllabus) and no later than the exam date. Exams will be online and the time is 75 minutes. It is very important to note that unlike other assignments in this class, the exams are posted within a given timeframe, so if you miss the deadline of the exam, you will not be able to take the exams, which are a major part of your grade, and can hurt your success in this course significantly. Please, make a note in your calendar of the due date for the exams. Online Quizzes: Online quizzes will prepare you for the in class exams. Online quizzes will be assigned per each chapter. You are allowed to drop the two lowest quiz scores. The quizzes are timed at 40 minutes. The graded quizzes have a firm due date, posted in your course calendar on MyLab and Canvas, and also on the last page of this syllabus. These assignments are posted in advance. Do them early to avoid any emergencies preventing your completion before the due date. After the completion of each assignment you will be provided with the score, the correct answer and you can print these assignments. You can find the results by clicking under the Results tab and clicking review button. If you do not take the quiz you do not have access to the review option. I will drop the lowest (2) quiz scores. Be cautious while planning to drop the lowest scores. The privilege of dropping lowest score is extended in the event of an illness, the "bad" day, etc. Please use this privilege wisely. There were be no makeup assignments and no late work will be accepted. Module Tests: The course is organized in learning modules based on the course content. Each module you will have a module test to assess your learning. The module test will be based on the chapters that it covers and it will resemble the quizzes. So, please, review quiz results under the result tab be better prepared for the module test. This assignment will be timed at 60 minutes and it will comprise 30 questions. You will be allowed to drop the lowest (1) module test score. Interactive Dynamic Homework: Online interactive homework will solidify your understanding of the content by allowing you to provide data in real time to reinforce your knowledge and highlight your need for further study. This is a unique learning experience that promotes experiential learning and content retention. The graded homework have a firm due date, posted in your course calendar on MyLab and Canvas, and also on the last page of this syllabus. These assignments are posted in advance. Do them early to avoid any emergencies preventing your completion before the due date. I will drop the lowest (1) scored homework. Be cautious while planning to drop the lowest score. The privilege of dropping lowest score is extended in the event of an illness, the "bad" day, the car breaking down, the printer not working, etc. Please use this privilege wisely. There were be no makeup assignments and no late work will be accepted. Extra Credit Assignments A series of videos, work sheets and preparation assignments are posted for you to be better prepared for the graded assignments. These assignments will provide you a chance to earn up to 2% extra credit points. Academic Support services COA offers a wide variety of resources and services to support and enhance student success. Find out more about each of these services and how you can access them by clicking on the link below Academic policies Please, adhere to academic policies of College of Alameda as reiterated in _Student_Conduct_Discipline_Procedures_ Attendance Policies Instructors may drop students who do not attend class by Census Day if the student has not contacted the instructor with an explanation satisfactory to the instructor as to why he/she has not attended. All drops must be recorded on the Census Rosters and Instructor’s Class Records. Academic Accommodations: “If you have a learning need which may require classroom or test accommodations, please contact Programs and Services for Students with Disabilities (DSPS) in Room D117 or call DSPS at 510-748-2328. You will need to provide written documentation of your disability.  If you think you have a disability but currently have no documentation, DSPS may be able to help you. All information will be kept confidential.” Academic Integrity College of Alameda and this instructor are committed to creating an environment where student achievement is championed and celebrated. Because the college values academic integrity as an essential component of academic excellence, students are expected to be truthful and ethical in their academic work. Commitment to academic integrity is the responsibility of every student and faculty member at College of Alameda. Academic dishonesty is defined as: an act of deception in which a student claims credit for the work or e ort of another person or uses unauthorized materials or fabricated information in any academic work. Acts of academic dishonesty include, but are not limited to, the following: Cheating ­- unauthorized copying or collaboration on a test or assignment, or the use or attempted use of unauthorized materials; Tampering -­ altering or interfering with evaluation instruments and documents including transcripts; Fabrication -­ falsifying experimental data or results, inventing research or laboratory data or results for work not done, or falsely claiming sources not used; or falsifying participation in a class in any way; Plagiarism -­ representing someone else’s words, ideas, artistry, or data as one’s own, including copying another person’s work (including published and unpublished material, and material from the Internet) without appropriate referencing, presenting someone else’s opinions and theories as one’s own, or working jointly on a project, then submitting it as one’s own; Assisting - assisting another student in an act of academic dishonesty, such as taking a test or doing an assignment for someone else, changing someone’s grades or academic records, or inappropriately distributing exams to other students. If there is clear evidence of a violation of the Academic Integrity Policy as highlighted above, I will I will assign a score of zero or F on the assignment or exam and this assignment will not be able to be dropped; If this behavior happens more than once, I will assign a grade “F” in the course for repeated or multiple violations of the Integrity Policy within that particular course; I will report this behavior to the Dean and Student Services course policies It is essential that we adhere to all principles of academic honesty in all aspects of this online class. The instructor reserves the right to call you in her office in the event that there is evidence of It is important to recognize that the online communication in this class is in fact a classroom, and certain behaviors are expected when you communicate with both your peers and your instructors. These guidelines for online behavior and interaction are known as netiquette. General Guidelines: When communicating online, you should always: Treat instructor with respect, even in email or in any other online communication such as discussion board or e-mail. I will not respond to e-mails that refer the instructor or classmates as “dudes”; “hey” or similar things like this. Please, provide me with your full name, as well as the class that you are referring to since I teach multiple sections. You will not get an answer from me if you do not identify yourself and your course number. Use clear and concise language Remember that all college level communication should have correct spelling and grammar Avoid slang terms such as “wassup?”and texting abbreviations such as “u” instead of “you” Use standard fonts Avoid using the caps lock feature AS IT CAN BE INTERPRETTED AS YELLING Limit and possibly avoid the use of emoticons like or Be cautious when using humor or sarcasm as tone is sometimes lost in an email or discussion post and your message might be taken seriously or offensive Be careful with personal information (both yours and other’s) Discussion Board Guidelines When posting on the Discussion Board in your online class, you should: Make posts that are on topic and within the scope of the course material Take your posts seriously and review and edit your posts before sending Be as brief as possible while still making a thorough comment Always give proper credit when referencing or quoting another source Be sure to read all messages in a thread before replying Don’t repeat someone else’s post without adding something of your own to it Avoid short, generic replies such as, “I agree.” You should include why you agree or add to the previous point Always be respectful of others’ opinions even when they differ from your own When you disagree with someone, you should express your differing opinion in a respectful, noncritical way Do not make personal or insulting remarks Be open minded and kind to each other and to the instructors, since we have to work together to ensure that we all succeed. Tentative Schedule and assignments This is a tentative schedule. The calendar may change over course of the semester at the sole discretion of the instructor; all changes will be communicated to students during the class time period and will be posted under the announcement tab. It is the responsibility of each student to take a note of these changes Weeks/Modules Chapters Assignments/Due Dates Module 1 Introduction Sep. 5 – Sep. 25 Chp. 1 Getting Started Chp.2 The US and Global Economies Chp. 3 The Economic Problem Chp. 4 Demand and Supply Homework 1: Syllabus Acknowledgment Statement Sep. 8 Homework chp. 2: Sep. 10 Quiz chp. 2 Sep. 12 Homework chp. 3 Sep. 14 Quiz chp. 3 September 17 Homework chp. 4 September 20 Quiz chp. 4 September 24 Module 1 Test: chps. 1, 2, 3, 4 posted online from Sep. 24-Sep. 25 ONLY Module 2 Elasticity and Efficiency Sep. 26 – Oct. 11 Chp. 5: Elasticity Chp. 6: Efficiency and Equity Chp. 7 Government Actions in Markets Homework chp. 5 Sep 27 Quiz chp. 5 Sep 30 Homework chp. 6 Oct. 2 Quiz chp. 6 Oct. 3 Homework chp. 7 Oct. 5 Quiz chp. 7 Oct. 8 Module 2 Test: chps.5, 6, 7. October 9 Term Exam 1 chps. 1, 2, 3, 5, 6, 7 posted online from October 10-Oct. 11 Module 3 Consumer Choice and Production and Costs Oct. 12 – Oct. 24 Chp. 13 Consumer Choice Chp. 14: Production and Costs Homework chp. 13 Oct. 15 Quiz chp. 13 Oct. 17 Homework chp. 14 Oct. 19 Quiz Chp. 14 Oct. 22 Module 3 Test: chps. 13, 14 Oct. 23- Oct. 24 Module 4 Market Structure and Competition Oct. 25 – Nov. 15 Chp. 15: Perfect Competition Chp, 16 Monopoly Chp. 17 Monopolistic Competition Chp. 18 Oligopoly Homework chp. 15 Oct. 26 Quiz chp. 15 Oct. 29 Homework chp, 16 Nov. 1 Quiz chp. 16 Nov. 5 Homework chp, 17 Nov. 7 Quiz chp. 17 Nov. 8 Homework chp, 18 Nov. 10 Quiz chp. 18 Nov. 11 Module Test: chps. 15, 16, 17, 18 Nov. 12- Nov.13 Term Exam 2 chps. 13, 14, 15, 16, 17, 18 posted online from Nov. 13-Nov. 14 Final Optional Exam all chapters (you have the option to take this exam to replace the lowest term exam score) posted online only on Nov. 15 Dr. Diana Bajrami Fall 2018 Econ 2 Syllabus Course Number: 40920 1 | Page