MACRO
The content of this course has been divided into four parts: a general
introduction to the basic concepts and principles of economics as well
as the role and functions of government in a modern mixed economy; an examination
of the various aggregate measures of economic performance in any economy
plus the major aspects of macroeconomic instability; the determination
of macro equilibrium and the fiscal role of government; monetary economics,
budget deficits, the public debt, and global macroeconomics.
Group homework will be regularly assigned from the review material at the end of each chapter and will be returned to each study group and/or discussed prior to any scheduled quiz.
In order to check on the students' assimilation of the material, there will be a 60-minute quiz after each of the first three segments. Each quiz constitutes 15% of the final grade, for a total of 45%. All quizzes will be returned to the students to aid in their preparation for the final examination, which includes all the material covered in the course and carries a weight of 40%. The remaining 15% of the final grade is a function of class participation as well as group homework and other assigned projects.
MICRO
The content of this course has been divided into four parts: a general
introduction to the basic concepts and principles of economics; an examination
of the determinants of consumer behavior and the economic costs of production;
a survey of optimal product pricing and output under various market models;
an analysis of factors underlying the remuneration of labor as well as
the other factors of production, and fundamentals of international trade
theory.
Group homework will be regularly assigned from the review material at the end of each chapter and will be returned to each study group and/or discussed prior to any scheduled quiz.
In order to check on the students' assimilation of the material, there will be a 60-minute quiz after each of the first three segments. Each quiz constitutes 15% of the final grade, for a total of 45%. All quizzes will be returned to the students to aid in their preparation for the final examination, which includes all the material covered in the course and carries a weight of 40%. The remaining 15% of the final grade is a function of class participation as well as group homework and other assigned projects.
COURSE SYLLABI
A detailed course syllabus for each course, including itemized lecture
and quiz schedules, is distributed to all students during the first full
week of classes. Students who wish to preview this material
may do so by visiting the PERIODICALS section of the South Campus
library, where this information is on reserve. Kindly ask for the
folder pertaining to ECONOMICS.
Students may also visit the departmental resource center, where the departmental secretary, Ms Jean Berry, maintains a folder containing syllabi of all courses taught in the department.
COURSE TEXTS
Since the two economics courses offered each semester by the college
are sequential, the following two texts have been selected for college-wide
use. For students whose program of studies does not require both
courses, the paperback version in either MACRO or MICRO is equally suitable.
| a) | McConnell, Campbell R. and Brue, Stanley L. ECONOMICS, 14th edition, New York: McGraw Hill, Inc., 1999. |
| b) | The related paperback study guide by Walstad, B. and Bingham, R. covers the material for both courses. |
One copy of each text is on reserve in the PERIODICALS section of the library for students to use on a two-hour basis. It is important that all students adhere to the two-hour limit. Please do not abuse this privilege.
EMAIL REQUIREMENTS
Students are expected to familiarize themselves as soon as possible
with the newly instituted email facilities provided for all currently enrolled
students, for this new system will provide the off-campus academic backbone
for this course.
This mandatory electronic connection to each course will be used by both students and the instructor to facilitate communication pertaining to coursework and any other college-related issues. The objective is to create a potential framework for Asynchronous Learning (AL) which will enable students to establish class/study group contact with one another as well as maintain direct communication with the course instructor beyond scheduled class and/or campus hours.
Students who do not have email accounts with a commercial carrier are expected to use the computer resources of the college to establish their electronic connection to this class at the VERY latest by (Tu), January 22, 2002.
ADDENDA
Students are expected to have read through and familiarized themselves
with the assigned material prior to each class meeting.
This certainly does not mean that students will understand everything they
will have read, but prior familiarity with the assigned material will make
it much easier to understand the related lecture. It also helps in
formulating questions to be brought up for clarification and/or class discussion
Group homework is assigned upon completion of each chapter and is designed to provide "hands-on" discussion and/or analysis of contemporary economic issues. Credit for study group work is given on an all-or-none basis.
Individual homework is mandatory in ONLY TWO chapters of the course, and every single student is fully expected to comply with the given requirements. Anyone who shows up without his/her work will be excused from class in order to go immediately to the library, complete the assignment, and check it out with the instructor prior to leaving campus. The exclusive purpose of the two individual assignments is to effectively identify specific areas of potential confusion and provide the class with further clarification of the material under discussion.
LATE assignments will NOT be accepted, and credit for study group work is given on an all-or-none basis.
Each student is allowed ONLY ONE make-up quiz, subject to PRIOR arrangement with the instructor AT LEAST 24 hours in advance. A grade of zero will otherwise be recorded.
Students are required to adhere to the code of conduct that reflects the standards of academic integrity and honesty set forth in College Policy.
Students are further required to respect the academic teaching/learning environment by turning off--prior to entering the classroom--all electronic gadgets that emit distracting beeps, twirps, chirps, or any other annoying sounds! Students who fail to observe this requirement will not be permitted to remain in the classroom for the remainder of that day's lecture.
Both punctuality and attendance are MOST STRONGLY recommended.
EMERGENCY PHONE
NUMBERS
Student Hotline
(954) 476-4900
Campus Security
(954) 963-8970
Security Radio Phone (954) 983-5700