Spring 2017 Syllabus

NORTH CENTRAL TEXAS COLLEGE

COURSE SYLLABUS

 

Course Title: PRINCIPLES OF MICROECONOMICS

Course Prefix & Number: ECON 2302

Section Number: 400

Semester: 2017 SP

Semester Credit Hours: 3

Lecture Hours: 3

Lab Hours: N/A

Course Description (NCTC Catalog):

Analysis of the behavior of individual economic agents, including consumer behavior and demand, producer behavior and supply, price and output decisions by firms under various market structures, factor markets, market failures, and international trade. 48 lecture hours.

Course Prerequisite(s): None

Required Materials:

Microeconomics: Principles, Problems, & Policies (ebook with ConnectPlus with LearnSmart) by McConnell, Brue, & Flynn, McGraw Hill, 20th edition, ISBN: 9781259278556

Ø  Students can purchase a loose leaf book directly from McGraw Hill when registering Connect Access

 

 

INSTRUCTOR INFORMATION

Name of Instructor:

Yvonne Kirshey

Campus/Office Location:

 Corinth/331

Telephone Number:

972-841-9438

E-mail Address:

ykirshey@nctc.edu

 

 

 Office hours:                      Mondays:  8:30 am – 9 am & 10 am - 11 am Rm TBD

(ALL in Corinth)                 Tuesdays: 9 am – 9:30 am Rm 264 & 2 pm – 3:30 pm Rm 331

                                           Wednesdays: 8:30 – 9 am, 10 - 11 am & 12 - 1:30 pm Rm TBD 

                                           Thursdays: 9 am – 9:30 am Rm 264 & 2 pm – 3:30 pm Rm 331

                                           Fridays: 8:30 - 9 am &10 am - 11 am Rm TBD

All emails answered within 24 hours.

If all of the above times conflict with other classes you may have, please email me to set up an appointment.

 

STUDENT LEARNING OUTCOMES

 

At the successful completion of this course the student will be able to:

 

Explain the role of scarcity, specialization, opportunity cost and cost/benefit analysis in economic decision-making.

 

 Identify the determinants of supply and demand; demonstrate the impact of shifts in both market supply and demand curves on equilibrium price and output.

 

Summarize the law of diminishing marginal utility; describe the process of utility

maximization.

 

Calculate supply and demand elasticities, identify the determinants of price elasticity of demand and supply, and demonstrate the relationship between elasticity and total

revenue.

 

Describe the production function and the Law of Diminishing Marginal Productivity;

calculate and graph short-run and long-run costs of production.

 

Identify the four market structures by characteristics; calculate and graph the profit

maximizing price and quantity in the output markets by use of marginal analysis.

 

Determine the profit maximizing price and quantity of resources in factor markets under perfect and imperfect competition by use of marginal analysis.

 

Describe governmental efforts to address market failure such as monopoly power,

externalities, and public goods.

 

Identify the benefits of free trade using the concept of comparative advantage.

 

GRADING CRITERIA

# of Graded Course Elements

Graded Course Elements

Percentage or Point Values

14 of 15

Homework/ Quiz / LS – all Online per chapter

15%/25%/10%

15

Class Participation activities, group work, attendance

10%

3 of 4

In class Tests

35%

 1

 Project

 5%

 

 

Grading Policy & Procedures

There will be an online chapter quiz following each chapter completion. There are no late, no make-ups.

There will be an online homework assignment for each chapter. No late assignments accepted, no make-ups.

There will be a Learnsmart Module for each chapter.  No late, no make-ups.

Approx. every 3 to 4 chapters there will be an exam which will be based on those chapters covered since the last exam. In class only. No make-ups. No exceptions.  No cell phones as calculators.

The Final will be cummulative and held ONLY during the last day of class. You must be present during the scheduled final date/time. No make-ups. No exceptions.  No cell phones as calculators.

I expect the textbook to be read, preferrably before we cover the chapter in class.

Only coming to all classes and participating will give you the 10% class participation grade.

There will be powerpoint slides in the Unit Modules in Canvas for each chapter. It is highly recommended that you print these out and bring them to class with you.

15 % : quizzes - online - one for each chapter - no late, no Make ups

25% : homework assignments - online - one for each chapter - no late, no makeups

10%:  learnsmart modules - online - one for each chapter. Check due dates carefully.

5% - POP culture project

35% : in-class exams: 3 during the semester - no make ups, no exceptions, NO cell phones as calculators.  Final exam - cummulative, No cell phone as calculators.

10%: in-class participation, worksheets, group work, etc... 

A = 89.5% and above

B= 79.5% and above

C = 69.5% and above

D = 59.5% and above

Grades posted each week so you can always be up-to-date on your progress

All class dates are very important.  If you are not in class then you miss important information.

 

 

 

 

 

Tentative Course  Schedule

 

 

 

Instructor reserves the right to change.

Date

Day

Chapter covered

 

Quiz/test

1/18

W

Syllabus

 

 

1/20&23

F/M

Chapter 1

   

1/25-27

W/F

Chapter 2

 

 

1/30

M

Chapter 2

 

 

2/1-6

W/F/M

Chapter 3

 

 

2/8

Th

Chapter 3 presentations

 

 

2/10

F

Review

   

2/13

M

Test 1 (1-3)

 

Exam 1

2/15-17

W/F

Chapter 4

 

 

2/20-22

M/W

Chapter 6

 

 

2/24

F

Chapter 6/7

 

 

2/27

M

Chapter 7

 

 

3/1-3

W/F

Chapter 9   

 

 

3/6

M

Chapter 9

 

 

3/8

W

Review

 

 

3/10

F

Test 2 (4-9)

 

Exam 2

3/13-3/17

M-F

SPRING BREAK

   No class

3/20-24

M-F 

Chapter 10

 

 

3/27

M

Chapter 11

 

 

3/29-31

W/F

Chapter 12

 

 

 4/3-7  M-F  Chapter 13    

4/10

M

HH

   

4/12

W

Review

   

4/14

F

Test 3

 

 Exam 3

4/17-19

M/W

Chapter 14

 

 

4/21-24

F/M

Chapter 15

   

4/26

W

Chapter 16

 

 

4/28

F

HH

 

 

5/1-3

M/W

Chapter 20

 

 

5/5

F

Review Final Exam

 

 

FINAL EXAM:  May 8th  (same room, same start time) NO make-ups, no excuses.

 

Ch 1 Limits, Alternatives and Choices

Ch 2 The Market System and the Circular Flow

Ch 3 Demand, Supply and Market Equilibrium

Ch 4 Market Failures: Public Goods and Externalities

Ch 6 Elasticity 

Ch 7 Consumer Behavior; Utility

Ch 9 Businesses and the Costs of Production

Ch 10 Pure Competition in the Short Run

Ch 11 Pure Competition in the Long Run

Ch 12 Pure Monopoly

Ch 13 Monopolistic Competition and Oligopoly

Ch 14 The Demand for Resources

Ch 15 Wage Determination

Ch 16 Rent, Interest and Profit.

Ch 20 International Trade

 

 

 

Other Pertinent Information

 

v  Academic Dishonesty will not be tolerated in this course.  You are not to give any person (which includes parents, spouses, friends, etc) access to your Canvas account at any time during the semester.  If you do, you are putting the integrity of the course work completed in question.  Do not ask someone to email me on your behalf in Canvas.  If you have an emergency and cannot contact me yourself, it is best to have an alternative person contact me on my office phone 972-841-9438 or my NCTC email address:_ykirshey@nctc.edu__.  Again, do not give anyone access to your Canvas account.  Any student who cheats on any course material (exams, assignment, post tests) will immediately fail the course and academic dishonesty papers will be filed with the Dean and VP of Instruction.

 

v  

 

 

 

 

 

 

 

 

 

ATTENDANCE POLICY

 

Regular and punctual attendance is expected of all students in all classes for which they have registered.  Absence does not relieve the student of the responsibility for making up required work.  Dropping a course is the student's responsibility, but you MAY be dropped for excessive absence.  See Attendance Regulations in the North Central Texas College Catalog.

 

 

 Last day to withdraw from a course with a “W” is __April 6th ___.

 

 

 

DISABILITY SERVICES (OSD)

The Office for Students with Disabilities (OSD) provides accommodations for students who have a documented disability. On the Corinth Campus, go to room 170 or call 940-498-6207. On the Gainesville Campus, go to room 110 or call 940-668-4209.  Students on the Bowie, Graham, Flower Mound, and online campuses should call 940-668-4209.

North Central Texas College is on record as being committed to both the spirit and letter of federal equal opportunity legislation, including the Americans with Disabilities Act (ADA) of 1990, ADA Amendments Act of 2009, and Section 504 of the Rehabilitation Act of 1973 (P.L. 93-112).   http://www.nctc.edu/StudentServices/SupportServices/Disabilityservices.aspx

 

 

CORE CURRICULUM FOUNDATIONAL COMPONENT AREA______________________________           

 

o         Communication

o         Mathematics              

o         Life and Physical Science

o         Language, Philosophy & Culture

o         Creative Arts

 

o         American History

o         Government/Political Science

X         Social and Behavioral Sciences

o         Component Area Option

 

 

REQUIRED CORE OBJECTIVES

 

X             Critical Thinking

X            Communication

X            Empirical and Quantitative

 

o           Teamwork

o           Personal Responsibility

X            Social Responsibility

 

COURSE TYPE

o           Academic General Education Course (from ACGM but not in NCTC Core)

x        Academic NCTC Core Curriculum Course

o        WECM Course

 

 

Disability Services (OSD)

The Office for Students with Disabilities (OSD) provides accommodations for students who have a documented disability.  A disability is anything that can interfere with learning, such as a learning disability, psychological challenge, physical illness or injury. Accommodations may include extra time on tests, tests in a distraction reduced environment, volunteer note taker in class, etc.

 

On the Corinth Campus, go to room 170 or call 940-498-6207. On the Gainesville Campus, go to room 110 in the Administration (100) Building or call 940-668-4209.  Students on the Bowie, Graham, Flower Mound, and online campuses should call 940-668-4209 to arrange for an intake appointment with OSD.

 

North Central Texas College is on record as being committed to both the spirit and letter of federal equal opportunity legislation, including the Americans with Disabilities Act (ADA) of 1990, ADA Amendments Act of 2009, and Section 504 of the Rehabilitation Act of 1973 (P.L. 93-112).

http://www.nctc.edu/StudentServices/SupportServices/Disabilityservices.aspx  

STUDENT HANDBOOK

Students are expected to follow all rules and regulations found in the student handbook. http://nctc.smartcatalogiq.com/en/2014-2015/Catalog/North-Central-Texas-College-Student-Handbook

Support Services

Counseling and Testing staff offer a variety of services to current and prospective students, such as College 101, placement testing, academic advising and course registration, transfer assistance, and College Success seminars (Time Management, Study Skills, Test Anxiety, Choosing a Major, Learning Style Strategies, Career Exploration), and much more. http://www.nctc.edu/StudentServices/CounselingTesting.aspx

 

 Student Success offers academic coaching, tutoring, including a Writing Center, a Math Lab, free 24/7 online tutoring through Grade Results and assist new students acclimate to college by providing computer lab services for prospective students.   First generation students can also participate in TRIO which offers specialized support services.

http://www.nctc.edu/StudentServices/SupportServices.aspx

 

Financial Aid offers financial resources for students that qualify, visit the financial aid offices for more information.  http://www.nctc.edu/FInancialAidHome.aspx

 

EEOC Statement

  North Central Texas College does not discriminate on the basis of race, color, national origin, gender, religion, age, or disability in the employment or the provision of services.

 

 

Name of Chair/Coordinator:

Donna Hooper-Smith

Office Location:

Corinth 209

Telephone Number:

940-498-6266

E-mail Address:

dhooper@nctc.edu

Name of Instructional Dean:

Dr. Larry Gilbert

Office Location:

Corinth 305

Telephone Number:

940-498-6216

E-mail Address:

lgilbert@nctc.edu

 

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