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jbremer@oakton.edu
OAKTON COMMUNITY COLLEGE
ECO 202 COURSE SYLLABUS
SUMMER 2006
Instructor: Joyce Bremer
Email Address: jbremer@oakton.edu
Home Phone: (847) 537-4385
Fax: (847) 635-1987
Office Hours: Mon.-Thurs. 9:00-10:00a.m.(Online)
On Des Plaines Campus by Appointment
Note: Please contact me via e-mail or telephone any time you have any questions, suggestions, or comments. You may also call me at home between 7:00 a.m. and 9:00 p.m. at 847-537-4385.
I.
| Course Prefix | Course Number | Course Name | Credit | Lecture | Lab |
| ECO | 202 | Principles of Economics II | 3 | 3 | 0 |
II. Prerequisite: None
III. Course Description:
This introductory microeconomics course teaches the basic price
theory of the firm. Operation of supply, demand, cost and revenue
functions in perfectly and imperfectly competitive markets are stressed.
Markets for both products and factors are analyzed. International
trade and finance problems are examined in theory and practice. The
student makes the extensive use of graphical analysis.
IV. Learning Objectives:
A. The student will learn the basic framework of decision-making
and optimization
theory.
B. The student will apply this theory to analyze the interaction
of goals attainable under
specific market environments and develop
decision rules to attain these goals.
C. The student will achieve the ability to utilize graphical
and simple algebraic tools as
well as oral and written problem analysis.
D. Within the decision-making framework, a student will become
well grounded in the
specific conditions which exist for classification of perfect and imperfect
sellers markets as well as their counterparts in input or factor markets.
The student will be able to analyze the role of the firm as decision-maker
in these varied environments. An understanding of partial and general
equilibrium concepts will also be achieved.
E. In addition, a basic understanding of international economic
concepts such as
comparative advantage, terms of trade, balance
of payments and the advantages of
fixed or floating exchange rates will be attained.
F. In addition to the above objectives, this course will help
students develop the
following General Education Competencies that have been established
by the College:
1. Define Problems
2. Construct Hypotheses
3. Gather, analyze, and interpret
data and information
4. Differentiate between fact
and opinion
5. Communicate findings effectively
in writing
V. Academic Integrity:
Students and employees at Oakton Community College are required to demonstrate academic integrity and follow Oakton’s Code of Academic Conduct. This code prohibits:
• cheating,There are serious consequences to violations of the academic integrity policy. Oakton’s policies and procedures provide students a fair hearing if a complaint is made against you. If you are found to have violated the policy, the minimum penalty is failure on the assignment and, a disciplinary record will be established and kept on file in the office of the Vice President for Student Affairs for a period of 3 years.
• plagiarism (turning in work not written by you, or lacking proper citation),
• falsification and fabrication (lying or distorting the truth),
• helping others to cheat,
• unauthorized changes on official documents,
• pretending to be someone else or having someone else pretend to be you,
• making or accepting bribes, special favors, or threats, and
• any other behavior that violates academic integrity.
VI. Outline of Topics:
| Week | TOPIC | ASSIGNMENT |
| 1
(6/5-6/11) |
Introduction and Supply and Demand
Marginal Utility & Consumer Demand |
Review Chapters 1 & 2
Chapter 3 Chapter 20 Post a Response to the Discussion Forum |
| 2
(6/12-6/18) |
Elasticity
Applications of Supply & Demand (price ceilings and price floors; excise taxes; social benefits and costs) |
Chapter 21
Chapter 4 |
| 3
|
Production and Costs
Project 1 |
Chapter 23
Post a Response to the Discussion Forum |
|
(6/26-7/2) |
Pure Competition |
Chapter 24 Complete and Submit Pure Competition Worksheet |
| 5
|
Pure Monopoly
Monopolistic Competition, Oligopoly and Antitrust Policies |
Chapter 25
Chapters 26, 27, & 28 Post a Response to the Discussion Forum |
| 6
(7/10-7/16) |
Economic Resources
Wages, Labor Problems & Unions Project 2 |
Chapters 29 & 30
Post a Response to the Discussion Forum |
| 7
(7/17-7/23) |
The Global Economy | Chapters 33 & 34
Post a Response to the Discussion Forum |
| 8
|
|
Post a Response to the Discussion Forum
Final Exam Due no later than midnight Thursday 7/27 |
VII. Methods of Instruction
Read Assigned Material
Online Mini-Lectures
Online Discussion
VIII. Course Practice Required
A. Read and understand
course material to include charts and graphs.
B. Writing clearly
and correctly at a college level.
C. Participation in
online discussion.
D. Mathematics at
the high school algebra level, solving linear equations.
E. Graphic analysis.
IX. Instructional Materials
Required Textbook: Roger Miller, Economics Today,
The Micro View, 13th edition, Pearson Addison-Wesley, 2006.
(Purchase of a new text is required in order to obtain the access code
to MyEconLab. However, I do not assign material from MyEconLab.)
X. Methods of Evaluating Student Progress
| Midterm exam
(Multiple Choice and Essay/Problems) |
100 points |
| Final Exam
(Multiple Choice and Essay/Problems) |
100 points |
| Project 1 | 75 points |
| Project 2 | 75 points |
| Discussion | 60 points |
| Total Semester Points | 410 points |
Grading Scale used in this class:
| Total Semester Points | Grade |
| 369-410 | A |
| 328-368 | B |
| 287-327 | C |
| 246-286 | D |
| 0-245 | F |
XI. Other Course Information
Submitting Work
Tests: The mid-term and the final exam will be available online and must be submitted (via the WebCT e-mail) in one file (preferably as an attachment written in Word) during the week indicated on the Outline of Topics. If an exam is submitted after the last day of the week, the grade will be reduced 5 points for each day it is late. (e.g., If the exam is 2 days late, 10 points will be deducted from the grade.)
Projects: All projects should be e-mailed to me (via the WebCT e-mail), preferably as an attachment written in Word, during the week in which they are assigned. They must be submitted no later than the last day designated in the Outline of Topics. Projects will be evaluated on both content and format, and you will be evaluated on your success at addressing all the pertinent issues in a succinct, well-written format. If a project is submitted late, the grade will be reduced 5 points for each day it is late. (e.g., If the project is 3 days late, 15 points will be deducted from the grade.)
Online Discussion Participation
Your online participation will be evaluated on a quantity and quality
basis. Your comments should advance the discussion, add value and be relevant.
Comments such as "I agree" and "ditto" are not considered value-added participation.
Therefore, when you agree or disagree with a comment, please state and
support
your agreement or disagreement. Complete sentences, correct grammar,
punctuation and spelling should be used in all your postings.
Discussions will be active for two weeks.
Initial postings must be made by the end of the assigned week.
Initial postings made after the assigned week will not earn credit.
Responses to classmates' postings can be made either in the
assigned week or the following week. Any postings made after the second
week will not earn credit. You are required to post at least 2 substantive
postings per week.
Discussion forums will be available after the two-week time period,
but any postings made after the second week will not earn credit. I encourage
you to post messages about how the course material relates to your own
experience.
Discussions will be "threaded" and asynchronous. Each week's discussion
is worth a maximum of 7.5 points (5 points for your original response;
2.5 points for your reply to a classmate's posting). No credit will be
received for postings made after the end of the assigned week.
Homework Assignments
Homework assignments will be evaluated on the basis of the correctness
of your answers and the amount of work shown to determine these answers.
Homework must be submitted by the end of the assigned week (midnight Sunday).
If a homework assignment is submitted late, the grade will be reduced 1
point for each day it is late. (e.g., If the project is 3 days late, 3
points will be deducted from the grade.)
Policies and Expectations
E-Mail Check and Response Policy
I plan to check my e-mail for this course at least once a day. If you
email me before 3:00 p.m. on weekdays, I will try to answer the same day.
If it's after 3:00 p.m. do not expect a response until the next day. I
may respond sooner, but I cannot guarantee it. When you send e-mail, please
use the WebCT e-mail. If you use my Oakton e-mail account, please put the
title of this course (Econ 201) and the topic you are writing about in
the "Subject" line and include your name somewhere in the e-mail.
Student Commitment
You should budget adequate time each week for reading all material
and completing all assignments. You will be responsible for keeping up
to date with all lessons and assignments and participating in the discussions.
Online courses take as much, if not more, time to complete successfully
as traditional courses so please plan accordingly.
You are solely responsible for the preparation and presentation of
your assignments. Each homework assignment, written activity, and test
should be your own work. When working collaboratively, it is acceptable
to ask for criticism and help, but such input should be limited and acknowledged
when appropriate.
Instructor Commitment
As your instructor, I will follow the course outline as detailed in
this syllabus. If any changes are required, I will announce them well in
advance to give you time to adjust. You can count on my availability during
office hours, and you have the right to expect prompt responses to your
questions, comments, and requests. I will grade your work in a timely manner
and return it to you with constructive commentary. In this distance-learning
course, you will receive the same attention and care you would find in
a traditional class.
If you have a documented learning, psychological, or physical disability,
you may be entitled to reasonable academic accommodations or services.
To request accommodations or services, contact the ASSIST office in Instructional
Support Services. All students are expected to fulfill essential course
requirements. The
College will not waive any essential skills or requirements of a course
or degree Program.
Academic Calendar - Summer
2006 Link Here
Last updated May 10, 2006
Send comments to:
jbremer@oakton.edu