microeconomics

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Syllabus2019.html.zip

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ECO2023 Syllabus

Course Name: Principles of Microeconomics

Term and Session: Spring 2019 - Session 3

Reference Number: 620764

Faculty Contact Information

Instructor Name: Dr. Suzanne Page

Email: Please contact me through the D2L email tool. Use my Broward College email only if you are unable  to access the course email. My Broward College email is [email protected]

BC Online Phone: 954-201-7900

Dr. Page's cell phone: 561-926-2980

Online Office Hours: I am available to meet Monday, Thursday, 6-8 p.m. via (email, Skype, Blackboard Collaborate,telephone, and/or other method). I can be reached at 561-926-2980

Course Information

This is a 3-credit hour fully online course without proctored exams. In this class, you will engage in structured out-of-class and online activities. The online activities may include, but are not limited to, readings, discussions, essays, case studies, research, and/or online quizzes and tests. See the course schedule for a detailed description of activities. Students are responsible for regularly reviewing the course schedule and completing all required assignments.

Course Description

This is an introductory course stressing microeconomic theories. Topics studied include the theory and application of supply and demand elasticity; theory of consumer demand, utility; production and cost theory including law of diminishing returns; the firm's profit-maximizing behaviors under market models ranging for pure competition to pure monopoly; the theory of income distribution; comparative advantage, trade policies, exchange rates, balance of payments, and other international issues.This is a writing credit course.

View the course description for more details.

Prerequisites and Corequesites

To maximize your chances for success in this course, make sure that you meet the following course pre- or co-requisites:
  • Prerequisites:  Successful completion (or testing out) of REA006 & eligible for ENC1101

General Course Outcomes

By the end of this course, the students will be able to:

  • define the basic of economic concepts and explain the role of government in modern mixed and will learn and apply the language and terminology of economics to the world around us.
  • calculate elasticity and apply the concept in various supply and demand situations.
  • apply the analytical basis of consumer behavior in using goods and services.
  • determine the theoretical optimum behavior of the firm as it seeks to maximize total profit in various market models ranging across the competitive spectrum, from pure competition to pure monopoly.
  • analyze the basic production theory, the marginal productivity theory of income distribution, and the relationship of the latter to theories of rent, wages, interest, and profit. 
  • examine the theories and problems of international trade, in developed and developing economies as well as the history and present status of the international payment system.

Textbook and Materials

no textbooks

Required Text: NONE

This course uses Lumen Mastery Macroeconomics, a new set of digital course materials designed using open educational resources (OER) instead of a traditional textbook. You can freely access all readings, videos, quizzes and other activities through course site in our learning management system (LMS):

This course is different from most other courses in these ways:

  • There is no separate textbook. Everything you need is here in your learning management system. No online access code is required.
  • Learning outcomes are clear throughout the course. Every learning activity is linked directly to something you need to know or do to succeed in this course.
  • You can take graded quizzes twice. Quizzes can help you learn. If you don’t like your first quiz score, you can keep studying and retake it. The higher score counts.
  • The more you use the course materials, the more I can help. When you participate, it provides information to help me help you succeed in the course.

This Lumen Mastery course was created with funding from the Bill & Melinda Gates Foundation through the Next Generation Courseware Challenge. This course is part of a research project exploring how well students perform using Lumen Mastery materials compared to what’s been used in other course sections. Learning data will be used to analyze what’s working, what’s not working, and how to improve the educational experience Lumen Mastery provides. Individuals using the courseware will be asked to provide consent to use their data for research purposes. Completing this form is one of the course assignments.

In order for you to have the most effective learning environment, it is important that you are using the right equipment. For this course, you will need:

  • A reliable Internet connection.
  • Regular access to a laptop or desktop computer with an updated operating system and web browser. Visit the technical requirements page for a complete list of system and software requirements. And the D2L System Check to ensure your browser is properly configured for online learning.
  • Microsoft Office 365 is available for download for all Broward College students. Follow the directions to download and access Microsoft 365.

Student Expectations

Attendance Verification

You are expected to participate in an academic activity to be considered “present” in the course. You must complete an academic activity during the first week of the course, so that it is done before the attendance verification date. The academic activity is usually the syllabus or syllabus quiz or a discussion post. Just logging into the course or sending an email to your instructor will not satisfy the attendance requirement. Like your on-campus courses, if you are reported for non-attendance in an online course and then withdrawn, you are still responsible for paying for the course. If for any reason you cannot complete the attendance verification requirement before the deadline, make certain to drop the course by the official drop/add deadline or you will still have to pay for the course.

Participation

To succeed in this course, log in and participate multiple times throughout the week (check email, announcements, class discussions, feedback, etc.) so you do not miss critical course information and updates. Additionally, communication with your professor is very important and plays a vital role in your success.

Withdrawal policy

It is your responsibility to withdraw from this course. If you stop participating and do not withdraw by the deadline, you may receive an F.

Computer Knowledge and Skills

By taking an online course, your computer literacy skills will grow. Some of the skills that you will need at the beginning of the course include:

  • working knowledge of how to use multiple web browsers (Chrome, Firefox, Safari, etc.) to navigate the Internet and locate information.
  • sending and receiving email using your D2L email (within the online course) and your BC email address. You should only use your instructor’s BC email if you cannot access D2L.
  • file management skills including downloading and saving files on your computer, uploading files to D2L, and sending email messages with attachments. 

Class Activities

Discussions

Remember, discussions are public and everyone in your course can read what you post. Review the D2L discussion tutorial for general support with the discussion tool.

Discussion Expectations:
  • There are 12 discussions worth 10 points each.
  • Original posts preferably should be completed 3 days before the close of the discussion board.
  • Original posts should be a minimum of 6-8 sentences.
  • Responses to 2 classmate(s) posts should be a minimum of 4-6 sentences.
  • Refer to the discussion rubric for specific grading criteria.
  • Grades will be posted within 7 business days of the discussion due date.

Assignments

Assignments must be submitted by the due dates as specified in your syllabus. The submission of an assignment is your sole responsibility. You should keep an electronic copy of all assignments. Review the D2L assignment tutorial for general support with the assignment tool.

Assignment Expectations:
  • See course schedule for assignment due dates.
  • Assignments submitted to the corresponding drop-box will be screened for academic honesty using Turnitin. Turnitin will show an originality score. This score may not be more than 15%. If you receive a score greater than 15%, you must revise your submission so that it is in your own words.
  • Refer to the assignment rubric and other assignment resources for grading criteria.
  • Grades will be posted within 7 business days of the assignment due date.
  • No late work will be accepted without approval from the instructor before the due date (see note below regarding late work).
  • A list of acceptable and unacceptable sources to use for each assignment is posted as an attachment for each assignment.

Quizzes & Tests

Quizzes and tests may be taken only during the availability dates as specified in the course schedule. Give yourself plenty of time to complete assessments and pay close attention to the time limits. Make sure you have a reliable Internet connection prior to taking quizzes or tests. Review the D2L quizzes & tests tutoria l for general support with quizzes and tests.

Quiz & Test Expectations:
  • There are 12 quizzes at 20 points each.
  • Quizzes contain multiple choice and true/false questions.
  • You have 2 attempt(s) at each quiz.
  • The score will be available when you complete the quiz.
  • Feedback will be provide for suggestions as to how to improve your score.
  • Study guides for each quiz will be posted Under the Communication tab of the class under the heading Quiz Study Guides

Amnesty Program

The amnesty program allows you to re-take a number of the quizzes beyond the 2 maximum allowed by the syllabus. To be eligible for the Program, you must complete each quiz by the due date posted in the syllabus.

Late Work Policy

For this course, unless otherwise noted by the instructor, submitting work late will be permitted only under qualifying circumstances and only with prior notification and supporting documentation (original funeral notice, original doctor’s note, etc.). Computer and Internet connectivity problems are not valid reasons for late work. It is the student's responsibility to be technologically prepared to take an online course.

Course Schedule

Read and refer to this section regularly. The submission of all work is the sole responsibility of the student. Students should plan their workloads accordingly and not wait until the last minute to meet deadlines. If you are unsure of a due date, contact your instructor for clarification.

Orientation Module: 1/28 -2/3/2019

Activities

Orientation module is located on the homepage, or you may access Orientation by clicking on Content on the navy navigation bar Contents

Read

  • Welcome
  • Syllabus
  • All items within the "Succeeding with Waymaker" sub-module

Discussions

  • Introduction Discussion Available 1/28 -2/3 @ 11:59 pm

Assessments

  • Research Consent 
  • Syllabus Quiz Available 1/28 - 2/3 @ 11:59 pm
  • Last day to withdraw with 100% refund 2/4/2019

Unit 1: Basic Economic Concepts  - 1/28 - 2/17/2019

Activities

Read

  • Economic Thinking 
  • Government  Action
Located in the Content Area there are ancillaries to assist you with the material.
  • Study Plans 
  • Key Points
  • Readings 
  • Videos (may need to view in Internet Explorer)
  • Self-check Exercises  
  • Additional articles or Internet sites

Discussions

  • Discussion 1: Is Economics a Science? Available 1/28 - 2/17 @ 11:59 pm 
  • Discussion 2: Junk Food and Government Action Available 1/28 - 2/17 @ 11:59 pm 

Assessments

  • Quiz 1: Economic Thinking (20 points) Available 1/7 - 1/27 @ 11:59 pm
  • Quiz 2: Government Action (20 points) Available 1/28 -2/17 @ 11:59 pm

Assignment

  • Assignment A Available 1/28 - 2/17 @11:59 pm

Unit 2: Theory and Application of Demand and Supply Elasticity  - 2/18- 3/3/2019

Activities

Read and Complete 

  • Supply and Demand 
  • Elasticity
Located in the Content Area there are ancillaries to assist you with the material.
  • Study Plans 
  • Key Points
  • Readings 
  • Videos (may need to view in Internet Explorer)
  • Self-check Exercises  
  • Additional articles or Internet sites

Discussions

  • Discussion 3: Supply and Demand Available 2/18 - 3/3 @ 11:59 pm 
  • Discussion 4: Price Elasticity of Demand Available 2/18 3/3 @ 11:59 pm 

Assessments

  • Quiz 3: Supply and Demand (20 points) Available 2/18- 3/3 @ 11:59 pm
  • Quiz 4: Elasticity (20 points) Available 2/18- 3/3 @ 11:59 pm
  • SPRING BREAK  3/4 - 3/10 ENJOY!!! :-)

Unit 3: Theory of Consumer (household) Behavior  - 3/11 - 3/17/2019 

Activities

Read and Complete 

  • Utility
Located in the Content Area there are ancillaries to assist you with the material.
  • Study Plans 
  • Key Points
  • Readings 
  • Videos (may need to view in Internet Explorer)
  • Self-check Exercises  
  • Additional articles or Internet sites

Discussions

  • Discussion 5: Consumer Equilibrium Available 3/11 - 3/17 @ 11:59 pm 

Assessments

  • Quiz 5: Utlity (20 points) Available 3/11 - 3/17 @ 11:59 pm

 

Unit 4: Theory of the Firm  - 3/18 - 4/14/2019

Activities

Read and Complete 

  • Perfect Competition  
  • Monopoly
  • Oligopoly 
  • Monotonically Competitive Industry 
Located in the Content Area there are ancillaries to assist you with the material.
  • Study Plans 
  • Key Points
  • Readings 
  • Videos (may need to view in Internet Explorer)
  • Self-check Exercises  
  • Additional articles or Internet sites

Discussions

  • Discussion 6:Independent Trucking Analysis Available 3/18 - 4/14 @ 11:59 pm 
  • Discussion 7: Price Discrimination Available 3/18 - 4/14 @ 11:59 pm 
  • Discussion 8:Oligopoly Available 3/18 - 4/14 @ 11:59 pm 
  • Discussion 9: Monopolistic Competition Available 3/18 - 4/14 @ 11:59 pm 

Assessments

  • Quiz 6: Perfect Competition (20 points) Available 3/18 - 4/14 @ 11:59 pm
  • Quiz 7: Monopoly (20 points) Available 3/18 - 4/14 @ 11:59 pm
  • Quiz 8: Oligopoly (20 points) Available 3/18 - 4/14 @ 11:59 pm
  • Quiz 9: Monopolistic Competition (20 points) Available 3/18 - 4/14 @ 11:59 pm

Assignments

  • Assignment B Available 3/18 - 4/14 @ 11:59 pm
  • Last day to withdraw 3/26/2019

Unit 5: Distribution of Income: The pricing of the productive factors - 4/15 - 4/28/2019

Activities

Read and Complete 

  • Production 
  • Income Distribution 
Located in the Content Area there are ancillaries to assist you with the material.
  • Study Plans 
  • Key Points
  • Readings 
  • Videos (may need to view in Internet Explorer)
  • Self-check Exercises  
  • Additional articles or Internet sites

Discussions

  • Discussion 10: Diminishing Returns Available 4/15 - 4/28 @ 11:59 pm 
  • Discussion 11: Income Distribution Available 4/15 - 4/28 @ 11:59 pm 

Assessments

  • Quiz 10: Production (20 points) Available 4/15 - 4/28 @ 11:59 pm
  • Quiz 11: Income Distribution (20 points) Available 4/15 - 4/28 @ 11:59 pm

Unit 6: International Economics  - 4/15 - 4/28/2019

Activities

Read and Complete 

  • Globalization, Trade, and Finance
Located in the Content Area there are ancillaries to assist you with the material.
  • Study Plans 
  • Key Points
  • Readings 
  • Videos (may need to view in Internet Explorer)
  • Self-check Exercises  
  • Additional articles or Internet sites

Discussions

  • Discussion 12: Absolute and Comparative Advantage Available 4/15 - 4/28 @ 11:59 pm 

Assessments

  • Quiz 12: Globalization, Trade, and Finance  (20 points) Available 4/15 - 4/28 @ 11:59 pm

End-of-Course Survey

Grades

Grades 
Assessment Graded Points
Introductory Activities (3 @ varying points) 14
Discussions (12 @ 18 points each) 216
Assignment A 65
Assignment B 65
Module Quizzes (12 @ 20 points each) 240
Total 600

Grading Scale
Grades Percentage
Grade = A 90  - 100%
Grade = B 80  - 89.9%
Grade = C 70 - 79.9%
Grade = D 60 - 69.9%
Grade = F 59.9 - 0.0 %

Communication and Faculty Response

Communication

During the semester, your communications concerning the course should be restricted to the D2L email. As mentioned earlier, do not send class related emails to the instructor's BC email address. 

It is recommended that you post class-related questions in the discussion area called the Course Café. Other students may have the same questions as you or may even be able to answer your questions.

Netiquette

  • In all online communications, it is expected that students will follow the rules of online netiquette, a guideline for polite online behavior. Review some of the general netiquette rules
  • Individuals who violate netiquette rules or engage in disruptive online behaviors, such as flaming (posting disrespectful or hostile comments), posting inappropriate comments, or shouting (posting messages using all capitals), may have their class access privileges revoked and/or they may be referred to the Dean of Student Affairs. Students who continue to engage in unacceptable online behavior even after being warned, may be permanently denied access to the class and/or may receive an F for the class.
  • Don't use email short hand like ROTFLO (rolling on the floor laughing out loud), BTW (by the way), or text-style writing like R-U thinking, etc. Not everyone knows what these abbreviations mean. If you want to use emoticons (smileys) to convey feelings, stick with the basics happy :-) sad :-( or wink ;-). Others are less well-known and are subject to different interpretations. The idea is to be clear in your communications.
  • Use discretion when posting and/or sending emails. Make sure to check spelling, punctuation, grammar, capitalization, and sentence structure.

Faculty Response

Class emails will be answered within 24-36 hours. If you need information related to a test or assignment, plan ahead and submit your questions in advance of the due date. If for some reason the class communication tools are unavailable for more than 24 hours, the instructor will communicate with students (if necessary) via their BC email address. Once the semester has ended, and only if necessary, you may contact the faculty member using the instructor’s email address.

Policies and Procedures

You are responsible for being familiar with all BC Online policies and procedures related to your activity in this course.

Accessibility Accommodations

If you are registered with Accessibility Resources (formerly the Office of Disability Services) and are seeking accommodations, provide your instructor with a copy of your accommodation plan at the start of the semester.   

If you are not yet registered with Accessibility Resources, you must register with them prior to requesting academic accommodations. Once you do so, provide your instructor with a copy of your accommodation plan as soon as it is approved.

In either case, academic accommodations will not be provided until your instructor receives an accommodation plan. Any previous grades or work will not be eligible for change.

Your documentation and any related communication will remain strictly confidential.

Academic Honesty

When you log into D2L, you do so with the understanding and agreement that you will produce your own work, complete class assignments and discussions yourself, and take class exams, tests, or quizzes without the assistance of others. All academic work must be the result of your own thought, research, or self-expression. Academic misconduct includes, but is not limited to, the following:

Types of Academic Dishonesty:
  • Sharing Access or Passwords to D2L: Keep your username and password confidential.
  • Cheating: Obtaining or attempting to obtain, or aiding another to obtain credit for work by dishonest or deceptive means.
  • Plagiarism: Using the words or ideas of the original creator without attribution as if they were your own. Plagiarism ranges from copying someone else’s work verbatim and elaborating on or altering someone else’s work.
  • Self-Plagiarism: Submitting or reusing parts of a previous paper without referencing source it was first submitted. This includes retaking a course and turning in previously submitted papers and data.
  • Unacceptable Collaboration: Using answers, solutions, or ideas that are the results of collaboration without citing the fact of the collaboration.
  • Falsification of Data: Making up or falsifying information and data. Examples include making up or altering data for an experiment or citing reference to sources you did not actually use.
  • Pay Services: Employing an assignment writing service or having another person/student write the paper for you.
  • Enabling: Aiding and abetting another student in an act of academic dishonesty. Examples include giving someone a paper to copy and/or allowing someone access to your account.
  • Unauthorized or Malicious Interference: Deliberately interfering with the work or activities of another person on purpose to cause the other harm or irreparable damages.
  • Inappropriate Use of Course Materials: Distributing materials in this class and on D2L, including the syllabus, exams, slides, handouts, study aides, and presentations, that may be protected by copyright and are provided solely for the educational use of students enrolled in this course. You are not permitted to redistribute them for purposes unapproved by the instructor; in particular, you are not permitted to post course materials, quiz or exam questions, or discussions on commercial websites. Unauthorized uses of course materials may be considered academic misconduct.

Online courses use tools such as Turnitin and Proctortrack to deter and detect academic dishonesty.

In this course, the first time you are found being academically dishonest, you will receive a zero for the assignment. If you are found academically dishonest a second time, you will receive an F in the course. Academic dishonesty may result in further disciplinary action and/or a referral to the Dean of Student Affairs. For more information, refer to the Student Code of Conduct Policy and the Student Code of Conduct section located in the Student Handbook.

Critical Event Procedures

In the event of a school closing, due to weather or other major events that might impact class schedules, the instructor will post an announcement and/or send an email indicating what changes, if any, the event will have on the course schedule and due dates.

For more information, review the Broward College Critical Event Procedures.

Changes to the Syllabus

The instructor reserves the right to make changes to the class syllabus. The syllabus is a guide and every attempt is made to provide an accurate overview of the class. However, circumstances and events may make it necessary for the instructor to modify the syllabus during the semester. In the event changes become necessary, students will be notified through class email, the discussion board, and/or the announcements tool.

Help Desk

If you need help using D2L, you can review the D2L step-by-step tutorials. For 24-hour technical assistance, visit the 24/7 Help Desk page or contact the BC Help Desk at 954-201-7521.

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