NORTH CENTRAL TEXAS COLLEGE
COURSE SYLLABUS
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Course Title:
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Principles of Microeconomics (Online)
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Course Prefix & Number:
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ECON 2302
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Section Number(s):
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310
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Semester/Year:
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Fall 2017
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Semester Credit Hours:
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3
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Lecture Hours:
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3
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Lab Hours:
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0
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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.
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Course Prerequisite(s): None
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REQUIRED MATERIALS:
(1) Microeconomics: Principles, Problems, & Policies (ebook with Connect Access Card) by McConnell, Brue, & Flynn, McGraw Hill, 21st edition, ISBN: 1259915735 / 9781259915734
Or
(2) Microeconomics: Principles, Problems, & Policies (ebook with Connect Access Card AND Loose-Leaf Textbook Combo) by McConnell, Brue, & Flynn, McGraw Hill, 21st edition, ISBN: 1260148777 / 9781260148770
CONNECT REGISTRATION THROUGH CANVAS: Students no longer need a course ID# or a separate website to register for Connect. Rather, the Connect website is now linked directly to Canvas, and so students will ONLY be registering for Connect through their student Canvas accounts for this course starting on the first day of class.
CONNECT ACCESS: The textbook, Learn Smart, and Connect activities are all maintained within the McGraw Hill Connect System. Students need to be enrolled immediately in Connect, which can be purchased at the bookstore, or online directly from McGraw Hill through their student Canvas accounts for this course. Free Temporary access can be used directly from Connect McGraw Hill for 14 days from the first day of class. Students must be enrolled immediately, as multiple assignments are due the first week of class.
CANVAS/CONNECT ACCESS: All students must have complete access to Canvas for the entire semester. It is the student’s responsibility to have access to the internet at all times, as well as having all needed programs to complete an online course. Students are not to give any other person access to his/her Canvas account. Students can be removed from the online course immediately up violating this rule. Once a student has given another person access to his/her canvas account, the credibility of any work completed becomes questionable.
CANVAS WEBSITE: Students can access Canvas indirectly by going to the NCTC homepage (www.nctc.edu) and clicking on the “Canvas” icon/logo. Or, students can access Canvas directly by going straight to the website for Canvas (https://nctc.instructure.com).
Connect Registration Instructions
Connect Technical Requirements and Support
Please review the following information from McGraw-Hill Higher Education before you begin any assignments in Connect.
- Run a system check: To have a successful experience in Connect, you will need to ensure that your computer's system meets the requirements needed to access and run your assignments (e.g.: operating system, browsers, plug-ins). It is strongly recommended that you troubleshoot your computer at least once a week, and before every test, to be sure that you will be able to complete the required exercises. Click on the following link to learn how to troubleshoot Connect and what the computer requirements are: http://connect.mheducation.com/connect/troubleshoot.do
- Get support: Connect has a Customer Experience Group (CXG) Support Center where you can connect with a tech specialist via chat, phone, or email. Click on this link to access the online support center: https://mhedu.force.com/CXG/s/ContactUs
If you have problems with registration or technical difficulties while completing assignments, contact CXG. I am not tech support! Every time you speak with a representative, you will receive a case/ticket number for reference. Be sure to keep this number so that you can easily check up on the status of any unresolved problems and also to share with me if required.
Here is the direct toll-free phone number for the Customer Experience Group (CXG) Support Center: 800-331-5094
Here are the hours of operation for the Customer Experience Group (CXG) Support Center below:
Sun: 12pm - 12am Mon-Thurs: 24 hours Fri: 12 am - 9pm Sat: 10am - 8pm (All in US Eastern Time)
***CONNECT TECHNICAL DIFFICULTIES / ISSUES***
If you experience any technical difficulties / issues while working on assignments in Connect, it is your responsibility as the student to take the following actions:
(1) Contact your Course Instructor (me) immediately to notify me of the issue AND
(2) Contact the Connect Customer Experience Group (CXG) immediately to report the issue at the time the issue occurs, prior to the assignment due date, so that the issue can be addressed and resolved.
Technical Problem Resolution Procedure
If you experience technical difficulties while completing an online assignment, follow the procedures as outlined below.
- Take a screen shot: Take a screen shot/Print Screen of the monitor when the problem occurs. Save as a .pdf or .jpg file.
- Contact technical support: Make sure you give a complete description of your problem so the Help Desk staff will have the pertinent information in order to assist you properly. This may include:
- course name/reference number and/or instructor name
- operating system, Internet browser, and/or Internet service provider (ISP) information
- Print Screen file
- your contact information
- Send a message to your instructor to notify him/her of the problem: Include all pertinent information of the incident (as listed above). You must provide the ticket/case number that you receive from technical support. This ticket provides proof of the time and date you tried to submit an online assignment. Any notifications that do not include this ticket/case number will be invalid.
- Follow up: If you do not hear back from the technical support within a timely manner (less than 48 hours), it is your responsibility to follow up with the appropriate person until a resolution is obtained.
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INSTRUCTOR INFORMATION
Name of Instructor:
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Caroline Gosch
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Campus/Office Location:
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Gainesville campus, MSS #816
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Telephone Number:
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(940) 668 - 7731 Ext. 4904
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E-mail Address:
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cgosch@nctc.edu
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OFFICE HOURS
Monday
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Tuesday
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Wednesday
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Thursday
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Friday
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9:00 – 9:30 am
11:00 – 11:30 am
Corinth 201
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12:00 – 12:30 pm
2:00 – 2:30 pm
Gainesville 816
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9:00 – 9:30 am
11:00 – 11:30 am
Corinth 201
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12:00 – 12:30 pm
2:00 – 2:30 pm
Gainesville 816
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Online
5:00 – 7:00 pm
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Online
5:00 – 7:00 pm
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Online
5:00 – 7:00 pm
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Online
5:00 – 7:00 pm
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*All emails will be answered within 24 hours.
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STUDENT LEARNING OUTCOMES (From Academic Course Guide Manual/Workforce Education Course Manual/NCTC Catalog
At the successful completion of this course the student will be able to:
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Explain the role of scarcity, specialization, opportunity cost, and cost/benefit analysis in economic decision-making.
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Identify the determinants of supply and demand; demonstrate the impact of shifts in both market supply and demand curves on equilibrium price and output.
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Summarize the law of diminishing marginal utility; describe the process of utility maximization.
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Calculate supply and demand elasticities, identify the determinants of price elasticity of demand and supply, and demonstrate the relationship between elasticity and total revenue.
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Describe the production function and the Law of Diminishing Marginal Productivity; calculate and graph short-run and long-run costs of production.
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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.
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Determine the profit maximizing price and quantity of resources in factor markets under perfect and imperfect competition by use of marginal analysis.
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Describe governmental efforts to address market failure such as monopoly power, asymmetric information, externalities, and public goods.
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Demonstrate the benefits of free trade using the concept of comparative advantage.
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GRADING CRITERIA
# of Graded Course Elements
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Graded Course Elements
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Percentage or Point Values
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29
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Assignments (15 Homework & 14 LearnSmart)
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15%
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15
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Quizzes
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15%
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5
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Exams
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70%
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COURSE REQUIREMENTS, EVALUATION METHODS AND GRADING CRITERIA
Each student’s semester grade will be determined by the following:
Assignments (Homework & LearnSmart): 15%
Quizzes: 15%
Exams: 70%
Total: 100%
Assignments: There will be 14 LearnSmart assignments and 15 homework assignments of which your lowest 5 (five) scores will be dropped.
The 14 LearnSmart assignments are directly over textbook content and will be completed in Connect via the “Assignments” Tab in our Canvas course. LearnSmart uses adaptive technology to tailor the assignment and learning experience to each individual student’s needs. LearnSmart starts by identifying the topics a student knows and does not know. As the student progresses, LearnSmart adapts and adjusts the content and questions on the assignment based on the individual student’s strengths, weaknesses, and confidence. Each LearnSmart assignment is set to take 30 minutes to complete on average. However, it may take some students more than 30 minutes to complete and some students less than 30 minutes to complete.
- **How quickly a student completes the assignment depends on (1) how many questions the student answers correctly and (2) how confident the student is that their answer is correct, prior to viewing the correct answer and their score for each question. So, if you are confident that the answer you have chosen is correct, make sure to click “I know it” when you are asked “Do you know the answer?” after having answered the question. If you are confident that your answer is correct , but instead you click on “Think so,” “Unsure,” or “No idea,” then LearnSmart will keep on giving you additional questions covering those same concepts until you (1) do answer all of the questions correctly and (2) are confident that you answered all of the questions correctly. Therefore, as there is no limit on the number of times that a student can attempt and work through each LearnSmart assignment, if a student continues answering all of the questions that LearnSmart presents him/her with in the assignment, the student will eventually achieve a perfect score and earn a “100” on the assignment.
Please be aware of the opening and closing dates for the LearnSmart assignments, as no assignment will be re-opened once it has closed and no late assignments will be accepted. Again, you have no limit on the number of attempts on the LearnSmart questions to get the correct answer and state that you are confident the answer is correct, and there is no time limit. Think of this as practice!
The 15 Homework assignments are directly over textbook content, excluding the first “Math Practice” assignment and the second “Graphing Tool Introduction” assignment, and will consist of 4 to 8 multi-part questions with an occasional written response question, and will be completed in Connect via the “Assignments” Tab in our Canvas course. Please be aware of the opening and closing dates for the Homework assignments, as no assignment will be re-opened once it has closed and no late assignments will be accepted. You have 3 attempts on HW questions to get the correct answer and there is no time limit. Think of this as practice!
Quizzes: There will be 15 Quizzes of which your lowest 3 (three) scores will be dropped. The quizzes are directly over textbook content, excluding the first “Course Introduction & Syllabus” quiz, and will consist of 30 multiple-choice questions and will be completed in Connect via the “Assignments” Tab in our Canvas course. Please be aware of the opening and closing dates for the quizzes, as no quiz will be re-opened once it has closed and no late assignments will be accepted. For the quizzes, you have 2 attempts to get the correct answer, and each quiz attempt is timed for a maximum of 45 minutes. **Note, you cannot pause the time on the quiz once you have started the attempt. If you click “save & exit” on the quiz and close the page, the time still keeps running and your attempt will be submitted automatically once the time has run out.
EXAMS: There will be 5 Exams of which your lowest 1 (one) score will be dropped. These are assessments directly over textbook content and will be completed in Connect via the “Assignments” Tab in our Canvas course. Exams 1, 2, 3 & 4 will each cover 1/4 of the material and consist of 50 multiple-choice questions to be completed in a maximum of 75 minutes. The Final (Exam 5) is cumulative and will cover all of the course material from the start of the semester to the end, and consist of 80 multiple-choice questions to be completed in a maximum of 120 minutes. As the lowest exam grade is dropped, the 4 individual remaining exam grades will each be worth 17.5% of the student’s overall course grade. Therefore, Exams count for 70% of the student’s overall course grade.
You will have only 1 attempt to complete and submit exams. Please be aware of the opening and closing dates for the exams, as no exam will be re-opened once it has closed and No makeup exams will be given or permitted. **Note, you cannot pause the time on the exam once you have started the attempt. If you click “save & exit” on the exam and close the page, the time still keeps running and your attempt will be submitted automatically once the time has run out.
**Details on when Assignments (Homework & LearnSmart), Quizzes & Exams are open and due will be given in Connect and/or on Canvas. It is the student’s responsibility to be aware of what is due and when it is due. Failure to regularly sign into Canvas and/or Connect could be the difference between passing and failing.
The final grade is out of 100 percent according to the following scale:
90 – 100 = A 80 - 89 = B 70 - 79 = C
60 – 69 = D 59 or below = F
IMPORTANT DATES
Classes Begin Mon, Aug 28th
Labor Day, College Closed Mon, Sept 4th (No Class)
Official Date of Record Mon, Sept 11th
Exam 1 Fri - Sun, Sept 22nd – Sept 24th
Exam 2 Fri - Sun, Oct 13th – Oct 15th
Exam 3 Fri - Sun, Nov 3rd – Nov 5th
Last Day to Withdraw with "W" Thur, Nov 9th
Thanksgiving Break Wed - Fri, Nov 22nd – Nov 24th
Classes Resume Mon, Nov 27th
Exam 4 Fri - Sun, Dec 8th – Dec 10th
Final / Exam 5 Tue - Thur, Dec 12th – Dec 14th
FINAL GRADES:
Once the Final Exam Deadline has passed, all grades are final. Do not ask for any other work, extra credit, etc., to help raise your grade at that point. All final grades are determined by the coursework completed throughout the semester and follow the standard rounding rules, rounding to the nearest whole number (i.e., a final grade of 89.5 is an “A” and a final grade of 89.4 is a “B”, etc.)
COURSE SUBJECT OUTLINE (Major Assignments, Due Dates, and Grading Criteria)
GENERAL DESCRIPTION AND TENTATIVE SCHEDULE
Subject to change, please see Canvas for most up-to-date schedule
Weekly Schedule
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Topic/Assignments
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Thur 8/31
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DUE: Math Practice Assignment – by 11:59 PM
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Fri 9/1
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DUE: Graphing Tool Introduction Assignment, Course Introduction & Syllabus Quiz – by 11:59 PM
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Tue 9/5
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DUE: LearnSmart Assignment Ch. 1 – by 11:59 PM
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Thur 9/7
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DUE: Homework Assignment Ch. 1 – by 11:59 PM
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Fri 9/8
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DUE: Quiz Ch. 1 – by 11:59 PM
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Tue 9/12
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DUE: LearnSmart Assignment Ch. 2 – by 11:59 PM
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Thur 9/14
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DUE: Homework Assignment Ch. 2 – by 11:59 PM
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Fri 9/15
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DUE: Quiz Ch. 2 – by 11:59 PM
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Tue 9/19
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DUE: LearnSmart Assignment Ch. 3 – by 11:59 PM
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Thur 9/21
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DUE: Homework Assignment Ch.3 – by 11:59 PM
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Fri 9/22
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DUE: Quiz Ch. 3 – by 11:59 PM
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Fri 9/22
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Exam 1 (Ch.’s 1, 2, 3) Opens – 8:00 AM
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Sun 9/24
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Exam 1 (Ch.’s 1, 2, 3) Closes – 11:59 PM
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Tue 9/26
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DUE: LearnSmart Assignment Ch. 4 – by 11:59 PM
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Thur 9/28
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DUE: Homework Assignment Ch. 4 – by 11:59 PM
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Fri 9/29
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DUE: Quiz Ch. 4 – by 11:59 PM
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Tue 10/3
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DUE: LearnSmart Assignment Ch. 6 – by 11:59 PM
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Thur 10/5
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DUE: Homework Assignment Ch. 6 by 11:59 PM
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Fri 10/6
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DUE: Quiz Ch. 6 – by 11:59 PM
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Tue 10/10
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DUE: LearnSmart Assignment Ch. 7 – by 11:59 PM
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Thur 10/12
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DUE: Homework Assignment Ch. 7 – by 11:59 PM
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Fri 10/13
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DUE: Quiz Ch. 7 – by 11:59 PM
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Fri 10/13
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Exam 2 (Ch.’s 4, 6, 7) Opens – 8:00 AM
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Sun 10/15
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Exam 2 (Ch.’s 4, 6, 7) Closes – 11:59 PM
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Tue 10/17
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DUE: LearnSmart Assignment Ch. 9 – by 11:59 PM
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Thur 10/19
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DUE: Homework Assignment Ch. 9 – by 11:59 PM
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Fri 10/20
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DUE: Quiz Ch. 9 – by 11:59 PM
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Tue 10/24
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DUE: LearnSmart Assignment Ch. 10 – by 11:59 PM
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Thur 10/26
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DUE: Homework Assignment Ch. 10 – by 11:59 PM
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Fri 10/27
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DUE: Quiz Ch. 10 – by 11:59 PM
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Tue 10/31
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DUE: LearnSmart Assignment Ch. 11 – by 11:59 PM
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Thur 11/2
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DUE: Homework Assignment Ch. 11 – by 11:59 PM
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Fri 11/3
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DUE: Quiz Ch. 11 – by 11:59 PM
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Fri 11/3
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Exam 3 (Ch.’s 9, 10, 11) Opens – 8:00 AM
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Sun 11/5
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Exam 3 (Ch.’s 9, 10, 11) Closes – 11:59 PM
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Tue 11/7
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DUE: LearnSmart Assignment Ch. 12 – by 11:59 PM
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Thur 11/9
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DUE: Homework Assignment Ch. 12 – by 11:59 PM
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Thur 11/9
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Last Day to Drop a Course and Withdraw with a “W”
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Fri 11/10
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DUE: Quiz Ch. 12 – by 11:59 PM
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Tue 11/14
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DUE: LearnSmart Assignment Ch. 13, LearnSmart Assignment Ch. 14 – by 11:59 PM
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Thur 11/16
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DUE: Homework Assignment Ch. 13 & 14 – by 11:59 PM
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Fri 11/17
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DUE: Quiz Ch. 13 & 14 – by 11:59 PM
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Wed 11/22 – Fri 11/24
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Thanksgiving Break
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Mon 11/27
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Thanksgiving Break
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Tue 11/28
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DUE: LearnSmart Assignment Ch. 16 – by 11:59 PM
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Thur 11/30
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DUE: Homework Assignment Ch. 16 – by 11;59 PM
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Fri 12/1
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DUE: Quiz Ch. 16 – by 11:59 PM
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Tue 12/5
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DUE: LearnSmart Assignment Ch. 26 – by 11:59 PM
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Thur 12/7
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DUE: Homework Assignment Ch. 26 – by 11:59 PM
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Fri 12/8
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DUE: Quiz Ch. 26 – by 11:59 PM
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Fri 12/8
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DUE: Assessment Quiz – by 11:59 PM
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Fri 12/8
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Exam 4 (Ch.’s 12, 13 & 14, 16, 26) Opens – 8:00 AM
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Sun 12/10
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Exam 4 (Ch.’s 12, 13 & 14, 16, 26) Closes – 11:59 PM
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Tue 12/12
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Final / Exam 5 (Ch.’s 1, 2, 3, 4, 6, 7, 9, 10, 11, 12, 13 & 14, 16, 26)
Opens – 8:00 AM
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Thur 12/14
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Final / Exam 5 (Ch.’s 1, 2, 3, 4, 6, 7, 9, 10, 11, 12, 13 & 14, 16, 26)
Closes – 11:59 PM
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** The instructor reserves the right to make changes or adjustments, as she deems necessary. Changes and/or adjustments will be announced on the Announcement page of Canvas &/or Connect.
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ATTENDANCE POLICY
Regular and punctual attendance is expected of all students in all classes for which they have registered. All absences are considered to be unauthorized unless the student is absent due to illness or emergencies as determined by the instructor. It is the student responsibility to provide documentation as to the emergency for approval and judgement by the faculty member. Approved college sponsored activities are the only absences for which a student should not be held liable and only when provided by a college official ahead of the absence. Valid reasons for absence, however, do not relieve the student of the responsibility for making up required work. Students will not be allowed to make up an examination missed due to absence unless they have reasons acceptable to the instructor. A student who is compelled to be absent when a test is given should petition the instructor, in advance if possible, for permission to postpone the exam. Student will be dropped from a class by the Registrar upon recommendation of the instructor who feels the student has been justifiably absent or tardy a sufficient number of times to preclude meeting the course’s objectives. Persistent, unjustified absences from classes or laboratories will be considered sufficient cause for College officials to drop a student from the rolls of the College. From Board Policy FC (LOCAL)
Additional Instructor-specific Absence Policy (Online Course):
While attendance will not be tracked, regular logins to Canvas and Connect are crucial to successful completion of this course. It is up to you to keep up with due dates and announcements. Note: I DO NOT drop students-- if you stop logging into Canvas and completing assignments in Connect, and do not drop the class, you will receive an “F” in the course. It is YOUR responsibility to drop the class or withdraw if you so choose.
Last day to withdraw from a course with a “W” is ______ Thursday, Nov 9th, 2017_________.
DISABILITY SERVICES (Office for Students with Disabilities)
The Office for Students with Disabilities (OSD) provides support services for students with disabilities, students enrolled in technical areas of study, and students who are classified as special populations (i.e. single parents).
Support services for students with disabilities might include appropriate and reasonable accommodations, or they may be in the form of personal counseling, academic counseling, career counseling, etc. Furthermore, OSD Counselors work with students to encourage self-advocacy and promote empowerment. The Counselors also provides resource information, disability-related information, and adaptive technology for students who qualify.
For support, please contact the counselors at (940) 498-6207 or (940) 668-4321. Alternatively, students may stop by Room 170 in Corinth or Room 110 in Gainesville.
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 (For classes in the Core)_______
o Communication
o Mathematics
o Life and Physical Science
o Language, Philosophy & Culture
o Creative Arts
Government/Political Science
X Social and Behavioral Sciences
o Component Area Option
o American History
REQUIRED CORE OBJECTIVES (For classes in the Core)
X Critical Thinking
X Communication
X Empirical and Quantitative
o Teamwork
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
STUDENT HANDBOOK
Students are expected to follow all rules and regulations found in the student handbook and published online.
ACADEMIC DISHONESTY
Scholastic dishonesty shall include, but is not limited to cheating, plagiarism, academic falsification, intellectual property dishonesty, academic dishonesty facilitation and collusion. Faculty members may document and bring charges against a student who is engaged in or is suspected to be engaged in academic dishonesty. See Student Handbook, “Student Rights & Responsibilities: Student Conduct ([FLB(LOCAL)]”.
Instructor-specific Academic Dishonesty Policy:
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_940.668.7731 Ext. 4904_or my NCTC email address: _cgosch@nctc.edu_. Again, do not give anyone access to your Canvas account. Any student who cheats on any course material (exams, assignments, and post-tests) will immediately fail the course and academic dishonesty papers will be filed with the Dean and VP of Instruction.
There is always the temptation to cheat on assignments/quizzes/exams, especially when they are online. DO NOT CHEAT. If you are caught, you will receive an immediate “F” in the class, no exceptions.
QUESTIONS, CONCERNS, or COMPLAINTS
Name of Chair/Coordinator:
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Crystal R.M. Wright
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Office Location:
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Gainesville Campus, Room 824
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Telephone Number:
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940-668-7731, ext. 4320
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E-mail Address:
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cwright@nctc.edu
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Name of Instructional Dean:
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Dr. Larry Gilbert
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Office Location:
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Corinth Campus, Room 305
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Telephone Number:
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940-498-6216
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E-mail Address:
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lgilbert@nctc.edu
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