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NORTH CENTRAL TEXAS COLLEGE
COURSE SYLLABUS
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Course Title:
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Principles of Microeconomics
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Course Prefix & Number:
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ECON2302
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Section Number: 402
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Semester/Year:
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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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McConnell, Brue & Flynn. Microeconomics: Principles, Problems & Policies
(ebook with Connect Plus with Learn Smart)
McGraw Hill 21st edition
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INSTRUCTOR INFORMATION
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Name of Instructor:
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Yvonne Kirshey
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Campus/Office Location:
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Corinth Rm 313
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Telephone Number:
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Not set up yet
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E-mail Address:
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ykirshey@nctc.edu
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Teaching Schedule:
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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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8:20 – 9:40 am
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9:30 – 10:50 am
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8:20-9:40 am
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9:30 – 10:50 am
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**Marcus HS **
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**Marcus HS **
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11 am – 12:20 pm
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11 am – 12:20 pm
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12:30 – 1:50 pm
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12:30 – 1:50 pm
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2 – 3:20 pm
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2 – 3:20 pm
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Online:
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ECON 2301:310
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All classes not otherwise *designated*, are in Corinth Rm 264
Office Hours:
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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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7:50 – 8:20 am
**At Marcus HS**
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7:50 – 8:20 am
**At Marcus HS**
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10:40 am – 1:40 pm
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10:40 am – 1:40 pm
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Rm 313 COR
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2 pm – 3:30 pm
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Rm 313 COR
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2 pm – 3:30 pm
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Rm 313 COR
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Rm 313 COR
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4 pm – 5 pm
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4 pm – 5 pm
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Online
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Online
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STUDENT LEARNING OUTCOMES (From Academic Course Guide Manual/Workforce Education Course Manual/NCTC Catalog
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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
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# of Graded Course Elements
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Graded Course Elements
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Percentage or Point Values
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15 of 16
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Learnsmart/Homework/Quiz
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10/25/15
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3 of 4
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Exams
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35
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16 of 16
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Class participation – in class activites
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10
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1
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Project
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5
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NO LATE assignments accepted, no make-ups
COURSE SUBJECT OUTLINE (Major Assignments, Due Dates, and Grading Criteria)
*** See Canvas for specific dates – the Calendar should become your best tool for planning purposes ***
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: Do not miss a class, attendance counts towards your participation grade
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Last day to withdraw from a course with a “W” is _______Nov. 9th________.
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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.
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)]”.
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, assessment tests, projects) will immediately fail the course and academic dishonesty papers will be filed with the Dean and VP of Instruction.
QUESTIONS, CONCERNS, or COMPLAINTS
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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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