Principles
of Microeconomics
ECON 2302
Office:
Office 121 Terrell Campus
Telephone: 903-675-6378 in
972-563-4909 in Terrell (Tuesdays and
Thursdays)
Fax: 903-675-6263
in
E-Mail: lgann@tvcc.edu
Textbook
and Required Materials
Economics 8th
edition; Arnold, Roger Thomson Southwestern Publishing Company, 2008 ISBN-10: 0324538014 (New Edition)
*Textbooks may be purchased at the TVCC Bookstore. The Bookstore will
ship books upon request by contacting James Quattlebaum at 903-675-6203.
Course
Learning Outcomes
The student will acquire an
understanding of the following course learning outcomes:
· Price elasticity of demand, cross price
elasticity, income elasticity, and price elasticity of supply
· Consumer choice, utility theory, consumer equilibrium
and demand, and behavioral economics
· Production and costs, maximizing profits, and
marginal analysis
· Characteristics of perfect competition market
structure, pricing, perfect competition
in the short, and perfect competition in the long run
· Characteristics of monopoly market structure,
monopoly pricing and output decisions, comparison of perfect competition and
monopoly, the case against perfect competition, and price discrimination
· Characteristics of monopolistic competition
market structure, characteristics of oligopoly structure, price and output
under the three oligopoly theories, and game theory
· Government and product markets, antitrust
laws, and government regulation
· Factor markets, labor markets, and labor
market information
· Types of labor unions, objectives, practices,
and effects on the economy of labor unions
· The distribution of income, measuring income
equity, income inequality, and poverty
· Interest, rent, and profits
· Market failures, externalities, internalizing
externalities, negative externalities, and public goods
· Public choice theory, the political market,
voters and rational ignorance, and special interest groups
· International trade theory, trade
restrictions, and the world trade organization
· International finance, balance of payments,
foreign exchange market, flexible exchange rate, fixed exchange rate, and
current international monetary system
Course Access on Blackboard
Learning System – Log in Instructions
Please note that even in you
are familiar with Internet course work, the log in information has changed. The log in and password will now be the same
with one minor difference. The log in will be: your last name then your first
initial and then the last four numbers of your social security number; all
lower case with no spaces. For
example: doej1234. You will follow the
same procedure to create your password except that you need to use a capital
letter to begin your last name (Doej1234).
After you log in for the first time, you will need to create an 8-digit
password that conforms to the strong password security requirements. If your
password does not meet these requirements, you will receive an error message.
Error messages include:
·
Please
enter a password with at least 8 characters.
·
Your password
does not meet the strong password requirement. It must include 3 of the
following types of characters: Uppercase
letters, lowercase letters, numbers, and/ or symbols. For example: Pa55w*rd.
You will have to continue to try until you submit an acceptable
password.
Should you have any problems with your log in, please contact Karen
McGrew at 903-675-6324. If you should have trouble contacting Ms. McGrew (She
will be pretty busy with all our distance ed students), please feel free to
call me (90-.675-6378 in
Orientation
Your orientation to this course will take place on line and will be a
simple questionnaire to reinforce what you have read in this syllabus. You will
be asked to answer the questions, submit an attachment, send an email, etc.
This is done acquaint the students with the format of the course. This
questionnaire is not a graded assignment.
Submitting Work and/or
Contacting Your Instructor
All work and all communication regarding this course must take place
within the Blackboard system. All
records including what each student submits along the time and date submitted,
are all recorded electronically. Email communication with attachments, course
wide announcements, etc. will all travel through the Blackboard system.
Instructional Methods
This course is offered as an integrated program of independent study. The
textbook Economics (
Tests
This course will include four tests. The tests will be based on the
material in the textbook, Economics (
Test will include the following chapters:
Test 1 - Chapters 17-19
Test 2 - Chapters 20-23
Test 3 - Chapters 24-27
Test 4 - Chapters 28-32
Assignments
Discussion Questions
Ten discussion questions will be posted to the Blackboard Discussion
Board on designated dates. Students will be required to post their answer to
the DQ and as well as an additional response to other student posts for each
discussion question. The Discussion Questions are worth 10 points each for a
total of 100 points. You will be given a copy of the DQ grading form which will
explain what is expected of a high quality discussion posting. Discussion
Questions will not be accepted late. This accumulative score will represent the
remaining 20% of the final course grade.
Bonus
Points Assignments
Students may submit the answers to the chapter questions provided on the
course homepage and will receive 3 bonus points per test. The answers to the
questions can be located in the Economics by Roger Arnold. Students must
submit the woras an attachment on the Blackboard
e-mail on/before taking the original test date to receive the 3 extra points on
the test. This work will not be accepted late.
Schedule
of Deadline Dates to be Determined for the following:
Discussion Questions 1-2
Test 1
Discussion Questions 3-5
Test 2
Discussion Questions 6-8
TVCC Drop Deadline
Test 3
Discussion Questions 9-10
Test 4
Class Deadline
Assignments and test should be submitted and taken before the due dates
if at all possible. Tests may be taken at the TVCC testing center or TVCC
Learning Resources Centers. Testing center and LRC hours are posted on the TVCC
homepage. Students have two weeks past the test due date to take a late test
for a 10 point late deduction (with the exception of Test 4 and we simply do
not have two weeks left in the semester
at this point). After two weeks, students will be given a zero on the test.
TVCC students that have not taken Test 1 and Test 2 by close of Test 2 will be
dropped from the class.
Class
Grade
The course grade will be determined by the following grades on the
following assignments:
(1) 4
tests-------------------100 points each (80% of grade)
(2) 10 Discussion
Questions--100 points (20% of grade)