Olympic College Office Hours: 9-10 Am MWF/10:30-11:30 Am Tuth

Olympic College Office Hours: 9-10 am MWF/10:30-11:30 am TuTh

Professor: Alan Ward January 5th to March 17th – Office: BUS 107

Office Phone: 360-475-7378 Email:

Microeconomics (ECON& 201) – Class Syllabus

Econ 201 OC Winter 16 (Pearson Course Title)

Section 2050 MWF in Bus 105; from 10 am to 11:24 am;

Course code for Pearson website: ward27656

RequiredText: Economics Today. R.L.Miller. 18th edition, Pearson Addison Wesley

Required forCourse: www.pearsonmylabandmastering.com for registration and enrollment in

Microeconomic (for quizzes and tests)

Materials: Course Code is given above in green print; to be used after registering at

www.pearsonmylabandmastering.com

(use the Student Access Code (bought with new textbook or online)

Course Description:

An introduction to the principles of business and economic statistics is presented. Students will be introduced to the concepts of inferential statistics for decision making; frequency sampling; probability; hypothesis testing and regression. Models are used to solve the problem of relative change; Excel spreadsheets are used for analyzing data; probability is used for forecasting outcomes and focus discussions.

Course Objectives:

1.Explain the nature of economics: 4 major aspects of the economic problem all societies face.

2.Discuss the difference between micro and macroeconomics.

3..Use economic models and graphs to explain and predict human behavior.

4. Use economic tools to explain the decisions that are made at the margin.

5. State the history and concepts of economic research clearly.

6. Explain the fundamentals of supply and demand.

7. Discuss choices people in modern society make.

8. Learn to think economically about every day decisions.

9. Use Supply and Demand analysis and the profit table to explain decisions for the 3 main groups:

1) individuals; 2) firms/businesses; 3) governments.

10. Use tools that help organize individual financial decisions.

11. Understand and discuss the various types of markets and their differences and similarities.

12. Make and support predictions made with sound economic reasoning about topic to include: Regulation and Antitrust issues, Unions & the Labor Market, Income, Poverty & Health Care, Environmental Economics, Trade and the Balance of Payments

NOTE: Attendance is expected and excessive absences will result in a lower grade.

COURSE REQUIREMENTS:

Chapters 1-6, 19-33 are to be covered.Read text and review each chapter summary;

Attendance to 85% of Classes; Friday activities worth up to 5% of course grade;

3 Special Topic papers; one-page, double-spaced, single-spaced heading on student selected topics.

ONLINE ASSESSMENT AT: www.pearsonmylabandmastering.com

Directions for “How to Register” for www.pearsonmylabandmastering.com (the online assessment and study materials) will be given on the first class day.

More resources at Canvas.

To get to Canvas from the Olympic College Home Page

click down left mouse button at Programs & Courses to open the pull down menu;

click Programs and Courses;

click Canvas; Enter your user name and password;

click Courses & Groups; click Econ 201 OC Winter 16 for Bremerton class

Check Syllabus at menu on left side of the screen in Canvas.

Tests/Quizzes/FinalExam are online at www.pearsonmylabandmastering.com

Check www.pearsonmylabandmastering.com for a Calendar for available dates and due dates of assigned tests and quizzes.

Assessments are open for about 1 to 2 weeks.

Register and enroll at www.pearsonmylabandmastering.com to access study materials, assigned quizzes, assigned tests and the Final Exam. These are the course requirements along with 3 Special Topic Papers (see additional information below).

Use www.pearsonmylabandmastering.com for Textbook Resources, Study Plan and Calendar:

Calendar – Check quiz/test available and due dates

Practice tests – Prepare for quizzes and tests

Web Links – Reinforce the text’s concepts

Audio clips – More reinforcement of the text’s concepts

Animations – Great help for building understanding of graphs and concepts

Videos – May be used for Special Topic Papers and additional information

Flash Cards – May be used for vocabulary study helps

Class begins Monday, January 4th (MWF) and ends Friday, March 18th, 201

Final Exam is onlineMonday through Thursday, March 14th-17th, 2016

No classes on January 18 (MLKing Day,

No classes on February 15 (President's Day)

Last Class Day on Monday, March 14th;

Finals Week starts Tuesday-Friday, March 15th-18th

Final Exam online just as for all other tests.

All quizzes and test, including the Final Exam, are online at www.pearsonmylabandmastering.com

All quizzes and tests (& the Final Exam) are open note and open book, but are time limited

13 QUIZZES: Quizzes to cover from 1 to 5 chapters

5 TESTS and FINAL EXAM: (Final Exam may replace a lower test score)

Test 1:Chapters 1-3 Test 1B: Chapters 4-6
Test 2:Chapters 19-22 Test 2B: Chapters 23-26
Test 3: Chapters 27-31 Chapters 1-6, 19-33 Chapters 27-33 Emphasized on Final Exam

Final Exam: (Comprehensive Final must be taken or score counts as a zero.)

Stay up-to-date by checking the calendar on www.pearsonmylabandmastering.com

GRADING:

5 Tests and Final Exam = 60% of course grade (100 pts each): 600 points

(Final Exam may replace a lower test score)

Average of 13 quizzes = 15% of course grade 150 points

3 Special Topics Papers = 15%of course grade 150 points

Participation/Activities = 10% of course grade 100 points

1 Extra Credit paper(optional)= 5% of course grade 50 points

1,050 points

TOTAL = 105 points maximum, if extra credit paper done

Grade%= GPA

95+% = 4.0 94-92% = 3.9-3.7 91-87% = 3.6-3.2

86-80% = 3.1-2.5 79-75% = 2.4-2.0 74-70% = 1.9-1.5

69-65% = 1.4-1.0 64-62% = 0.9-0.7 < 62% = no credit earned

Tests/Exams -5 Tests and a Final Exam will be given. 13 quizzes are assigned with available and due dates at www.pearsonmylab.com. Be sure you check The Calendar at www.pearsonmylab.com frequently.

(Final Exam may replace a lower test score)

Make-up Tests: Test make-up; check with your instructor. (The testing center may be used for those tests not taken by due date on calendar at www.pearsonmylab.com. Room HSS 222 and will tests will not be identical to the tests given online. The make-up tests will have questions from the test bank provided by the text’s publisher. 2 hours will be the length of the retesting time and students should complete the make-up as soon as possible or by the last day of class. A zero score will be given for not taking any of the assigned tests or quizzes by the ending date.

This course has materials at Canvas and www.pearsonmylabandmastering.com.

Directions to accesswww.pearsonmylabandmastering.com are located at Canvas (How to Register.)

Decimal to letter grade comparison (OC grade scale)

3.9 - 4.0 A3.5 - 3.8 A-3.2 - 3.4 B+2.9 - 3.1 B2.5 - 2.8 B-

2.2 - 2.4 C+ 1.9 - 2.1 C1.5 - 1.8 C-1.2 - 1.4 D+0.9 - 1.1 D

0.7 - 0.8 D- 0.0** F

SPECIAL TOPIC PAPERS: (3 required assignments)

Three Special Topics are assigned & to be completed of the day oftests 1B, 2B & 3. (15% of course grade); send to my email, or bring to class on or before the due date. Check the video on the Pearson website under Multimedia Library; search by chapter; use these as the basis of on or more of your Special Topic Papers, or search the internet for interesting articles from reliable sources.

FORMAT

The heading should include the student’s name, the course name (Econ 201), the date and the # of the topic (#1, #2, #3, or Extra Credit (#4)). Typed, single-spaced. The body of the paper should be double-spaced and fill one page using font size 12 and 1 inch margins. A title is optional or may be replaced by the URL (web address) where the article was found.

Keep the length to one page.

Format: Paragraph #1 explains the concept and discusses the source;

Paragraph #2 describes how the article shows the concept;

Paragraph #3 evaluates of how well the author covered topic

(Focus on any unanswered questions you have or lack of clear Information.)

(Be specific about this, give examples.)

Topic #1 Student selects a topic or concept from chapters 1 to 6 and finds

An article or video that is an example of, or discusses thisconcept.

Due on due date for Test 1B

Topic #2 Student evaluates a selected article using the 3 paragraph format.

Concepts from chapters 19 to 25 are to be used/described.

Due on due date for Test 2B (10 Questions about the videos may replace this)

Topic #3 Student evaluates a selected article using the 3 paragraph format.

Concepts from chapters 26 to 32 are to be used/described.

Due on due date for Test 3 (Video Log may replace this paper)

Final Exam available date and due dates are on www.pearsonmylabandmastering.com calendar.

Email me at with questions or comments during the quarter to keep in touch and let me know how things are going. I can reset quiz and test due dates, if you let me know what you need.

Listed below are possible sources for special topic papers: There are many other acceptable sources.

Wall Street Journal (wsj.com/classroom) Business Monthly

Business Week (businessweek.com) Nation’s Business

Money (money.com) Working Woman

Newsweek Barron’s (barrons.com)

US News & World Report (usnews.com) Harvard Business Review

Fortune (fortune.com) Advertising Age

PC (pcmag.com) Venture

PC World (pcw.com) Consumer Reports

Forbes Money

Journal of Accounting Time-Warner Site: www.pathfinder.com

Fortune Journal of Marketing

Kiplinger’s Personal Finance (kiplinger.com) Sales and Marketing Management

Time Black Enterprise (blackenterprise.com)

Modern Office Technology Entrepreneur

Late work will be accepted up to two class periods after the assignment is due without reduction of grade. After this, maximum grade may be 90%.

Special Topics may include the following: Use your own judgment, or ask if a topic is appropriate. Some examples are listed below: (These are only examples.)

The Nature of Business and the importance of the Profit Motive

Comparison and Contrasting of Economic Systems

The Social Responsibility of Businesses

The Basic Forms of Business Ownership

The Functions of Management

Design and Explain an Organizational Chart

Describe the Focus of Current Operations and Production Management

Major Issues of Labor-Management Relations

The Responsibilities and Function of Human Resource Management

Motivational Approaches Available to a Manager

Significance and Function of Marketing

Short and Long Term Financing

The Federal Reserve’s Role in our Economy

How the Stock Market Functions and its Implications for Business

The Uses of Computers in Business

The Relationship between the Legal System and Current Business Practice

EXPECTED STUDENT RESPONSIBILITIES:

Students are expected to demonstrate behavior and attitudes that are necessary to be successful in the business environment. This expectation is designed to help students understand the importance of, and develop a commitment to, those responsibilities that enable them to work successfully on their own and with others. Therefore, you are expected to:

·  Exhibit good time management

1. Being prepared, punctual and present for class.
2. Completing all assigned work as scheduled.
3. Scheduling sufficient time each week for reading & studying class materials. Outside of class time you will need 10 hours or more for this class.
4. Meeting assigned deadlines
5. Completing your work
6. Sharing your knowledge with others, in class or online
7. Striving for excellence in your contributions, performances, and products
8. Completing work with the correct format and complete data
9. Studying the related information included in the text
10. Studying the related material accessible through Professors Online and the course website (myeconlab.com)

·  Complete individual and/or group tasks by

·  Demonstrate pride in your work by

·  Read and know information that corresponds with the lectures by

·  Comply with the Code of Student Conduct: WAC 132C-120. If any academic dishonesty occurs, a grade of 0.0 may be assigned.

http;//www.leg.wa.gov/wac/index.cfm?fuseaction=chapterdigest&chapter=132C-120

1. Maintain high standards of honesty and integrity. All forms of dishonesty are prohibited, including cheating, plagiarism, knowingly furnishing false information to the college, and forgery.
2. Complete all exams, assessments and assignments individually
3. Respect the rights, privileges and property of other members of the college community

STUDENTS SUBJECT TO PROVISIONS OF THE AMERICANS WITH DISABILITIES ACT

If you believe you qualify for course adaptations or special accommodations under the Americans with disabilities Act, it is your responsibility to contact the disabled Students Services Coordinator in the College Service Center and provide the appropriate documentation. If you have already documented a disability or other condition, which qualify you for special accommodation, please notify me during the first week of class.

STUDENTS IN THE MILITARY WHO BECAME DEPLOYED

If you become deployed and are current with your assignments, please contact me to make arrangements for completing your course requirements.

Have a great quarter and keep in touch especially when you have questions. Check the calendar at www.pearsonmylab.com frequently to stay up-to-date on all the assigned work. Please realize that I will not generally check my emails during weekends and from late afternoon until my office hours the next school day. I will read all emails I receive, but be aware there are some glitches that may not properly direct emails to my inbox. If there has been an important issue that needs to be resolved, see me before or after class, or during my office hours. You should also have someone look over your selection of course and graduation requirement each quarter I appreciate you’re notifying me when you will not be in class. Just send me an email. I am looking forward to working with you in this course.

All students must complete their own work. Any academic dishonesty may result in a zero for that assignment. Be trustworthy and diligent to make the work you turn in the result of your own efforts.

Videos for your further education: (See below and check the Multimedia Library at Pearson website.)

Video List (10 Questions): Watch these videos and choose at least one video for 5 different chapters. Write 2 questions that pertain to these videos. 5 videos; 2 Questions for each video. Send an email attachment before the last week of class for full credit. (5 points) Turn in before last week of the course. Use Control-Click to access the link. This assignment can substitute for one Special Topic Paper.

Video Logs: Watch and record Title and date viewed and length of video; send as email attachment before the last week of class for full credit. (5 points) This assignment can substitute for one Special Topic Paper. Turn in before last week of the course.

Video List for Video Log & 10 Questions assignments