Course
Syllabus
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Principles of Macroeconomics
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ECO2013
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Reference #
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Office Phone:
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561.603.5551
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Email:
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All communication should be through the course email tool. Use
my BC email ONLY if you are unable to access the course
email:nbergan@broward.edu
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Office Hours:
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I may be available for appointments only, but will respond to
emails within 8 hours.
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Virtual Office Hours:
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Course emails and discussion posts will be answered within 8
hours. Emails sent on Saturday or Sunday may not be answered until Monday. It is
recommended that you post course related questions in the discussion area. If
you need info related to a test or assignment, plan ahead and submit your
questions well ahead of the due date. Your instructor is not online 24
hours per day, so please allow time for response.
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BC Safety Phone#:
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954-201-HELP (4357)
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Course Description: An
introductory course in macroeconomic principles covering basic economic
problems and concepts. Topics discussed and analyzed include basic economic
problems of unemployment and inflation. Students will recognize the role of
households, businesses and governments in the market economy and in their own
lives. This is a writing credit course .
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Learning Units
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General Course Outcomes
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Basic
Economic Concepts
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At the
end of this course, the students will be able to define the basic economic
concepts and explain the role of government in modern mixed economy and will
learn and apply the language and terminology of economics to the world around
us.
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Measure
of Economic Performance
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At the
end of this course, the students will be able to analyze the national income
accounts; the inflation and adjustment; and unemployment.
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National
Income & Price Determination
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At the
end of this course, the students will be able to explain the aggregate demand
and supply model; and explain the macroeconomic equilibrium.
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Financial
Sector
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At the
end of this course, the students will be able to examine money, banking and
financial markets; and analyze central bank and controls of the money supply.
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Inflation, Unemployment,
and Stabilization Policies
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At the
end of this course, the students will be able to analyze fiscal and monetary
policies; and explain inflation and unemployment.
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Economic
Growth & Productivity
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At the
end of this course, the students will be able to examine how long run
economic growth occurs; and describe the role of productivity in output and
the standard of living.
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Writing
for Economics
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At the
end of this course, the students will read, research and submit written
assignments that require analysis and evaluation of economic topics.
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Collaborative
Application of Economic Concepts
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At the
end of this course, the students will participate in a collaborative activity
that will require research, analysis and evaluation of a current topic in
economics.
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Course Prerequisites:To
maximize your chances for success in this course, make sure that you meet the
following course course prerequisites: Successful completion (or testing out)
of REA001
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Special Needs -Students having special
needs as defined by the Americans with Disabilities Act should:
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Students having special needs as defined by the Americans with
Disabilities Act should notify the Office
of Disability Services as early in the term as possible. It is the
student's responsibility to contact the Disability Support Office prior to
document disability prior to receiving services.
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Notify the instructor after you have contacted the Office of
Disability Services so that the instructor can consult with the Office of
Disability Services to discuss what reasonable accommodations would be
appropriate for your situation.
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Prerequisites Computer Knowledge and Skills
To insure success students should be very familiar with the following computer skills. |
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File Management - You should be familiar
with finding and saving files on your computer.
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The Internet - You should be familiar with connecting to
the Internet through an Internet Service Provider or Network Connection.
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Web Browser Software - You should be familiar
with using web browser software to navigate the Internet and locate
information. I suggest you have two different types of browsers such as Internet
Explorer and Mozilla FireFox
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Email - You should be familiar with sending and receiving email
messages.
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Discussions - You should be familiar with posting and
reading discussion messages in a threaded format.
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Attachments - You should be familiar with sending email
messages with attached files.
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Word Processing - You should be familiar
with creating, editing, saving, and printing documents using Microsoft Word.
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Other Requirements
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You'll need a County Library Card or University/College Library
Card.
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You may obtain at either North Campus Library or South
Campus Library or University/College
Library (UCL)Central Campus Library. These cards will allow you to use select
library databases.
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Log into course
management system/e-Learning Course
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Click here to log
into the online portion of this course. The direct link for
login is https://bconline.broward.edu.
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To access a wide variety of support resources for students
enrolled in online, blended, or enhanced e-Learning courses, such as library
services, advising, and counseling. In addition, to access course management
system tutorials and tutoring services for some course.
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Attendance/Withdrawal
Policy:
Participation:
Students:
Regular, active, and meaningful participation in online learning activities is
a critically important component of this course and is essential to your
success. It is recommended that you log into the course several times during
the online week. Frequency and quality of participation may effect your grade.
- Participation:
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- Active
participation is expected of all students in this course.
- Check
your email and course discussions regularly. Ask questions.
- Post
and respond to messages.
- BC
Attendance Policy:Please familiarize yourself with BC's
Attendance Policy. pg.81
- Mandatory
online orientation must be completed within 72 hours after the course has opened.
- To
stay in the course you must successfully complete (earn 10 points) on the
mandatory online Orientation.
- This
includes posting a Welcome discussion, submitting the Welcome Assignment,
and completing the Orientation Quiz with a grade 100 percent.
- Course
Attendance Policy: Any student not participating in
any learning activities (quizzes, exams, assignments, projects, or
discussions) for two consecutive weeks will be denied access's to the
course. Just logging into the course does not constitute participation.
During the first week of
class, you must complete the online orientation, or you will be reported as a
no-show and be administratively withdrawn from the course. Simply logging into
the course will not satisfy your attendance during this time. As with on-campus
courses, students who are reported for non-attendance in an online course and
are withdrawn are still responsible for paying for the course. If you do not
complete the requirements of the first week of class, you should drop the
course by the official drop/add deadline or expect to pay for the course.
It is very important for
you to actively participate in this online class. If you stop participating in
class discussions, do not submit assignments, or fail to take quizzes or tests prior
to the withdrawal date, you will be administratively withdrawn from class
and receive a W or, if it is your third attempt, an F.
If you stop participating after the withdrawal date, you will receive an F. To avoid this situation, you should remain an active learner in this class and always communicate extenuating circumstances to me. Ongoing communication with the instructor is critical to your course success. Completion of tests, assignments, and other class activities are used as indicators of your participation in order to satisfy this reporting requirement.
If you stop participating after the withdrawal date, you will receive an F. To avoid this situation, you should remain an active learner in this class and always communicate extenuating circumstances to me. Ongoing communication with the instructor is critical to your course success. Completion of tests, assignments, and other class activities are used as indicators of your participation in order to satisfy this reporting requirement.
Students : To
complete the online segments of this course, you must have access to computer
hardware and software that meets or exceeds BC's minimum hardware and software
standards for e-learning courses. It is strongly recommended that you check
your computer to verify that its hardware and software configuration meets or
exceeds the BC standard.
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Is your computer ready to
meet BC's Standards?
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Additional Software
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- Assignments that require word processing must be submitted in
Microsoft Word format. documents created using Microsoft Works, or files that
have ".txt", ".pdf", or ".asci" extensions will
not meet course requirements. If you do not have proper software on your
computer, you can use the Microsoft Word program on any of the "open
lab" computers at any BC
Learning Resource Center or in public libraries.
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You should have two
different types of browsers.
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 Mozilla-FireFox seems
to work well in our course management system. Click on Mozilla-Firefox to
download the browser and Internet
Explorer .
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I-Phones or Smart Phones
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- It is advisable to not use these types of phones to submit
assignments or to take quizzes or exams. If you do and have problems the
assignments or quizzes or exams will be not extended or re-opened. -Segments
of the course uses Flash instead of being html based.
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Lack of requirements
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- Is not an excuse for missing assignments or quizzes or
exams. Plan ahead.you are responsible for your software and hardware to meet
BC's standards.
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Course Materials
- You
need to buy only one version of the textbook.
- Buy
the one that best suits your learning style.
- MyEconLab
is an excellent tutorial and is not required in this course.
- If
you buy a textbook without the MyEconLab code and you wish to use the
tutorial you may buy an access code online for $50.00.
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Macro Textbook Options (you
need only one version of the textbook, below are your choices).
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Broward
College Versions at the Bookstore
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A Fully Online Course for
the Winter term This is an accelerated 3 credit hour course. Normally, a three
credit hour course would meet four days during the week (during a 6 week term)
for a total of 8 hours per week or 48 hours per term. In this class, we will
"meet" online. A mandatory online orientation must be completed by
date posted in the course calendar. Failure to complete this orientation, you
will be withdrawn from the course. See the course syllabus for a detailed
description of learning activities online assignments. Students are responsible
for regularly reviewing the course calendar and completing all required class
assignments.
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Unit: Basic Economic
Concepts
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Week 1
Learning Outcomes
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Learning Materials
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Assessments, Discussions
& Assignments
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Complete the mandatory
online orientation to stay in the class.
Print out course schedule
and calendar for all due dates for assignments, discussions, projects, and
assessments due dates
1.1 Differentiate between
laymen's use of economic terms and their meanings.
1.2 Distinguish the
difference between microeconomics and macroeconomics.
1.3 Distinguish between
positive and normative economics.
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11.1 Examine the history
of macroeconomics.
11.2 Compare and contrast
economic theories: Keynesian, Free Markets, & Monetarism
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1.
Read the syllabus
2.
Read chapters 1 Nature of Economics.
2.
Episode One: Battle of Ideas is thesection
you are to view.
1.
Click on "See Chapter Menu" to view the video or you
may read the transcripts.
2.
Select the software that best fits your computer to view to the
video
3.
This will give you a brief history of 20th Century economics.
4.
The video is 2 hours, so grab a cup of java and sit back &
relax.
5.
This video assists with the first discussion topic
Obama. |
1.
Post a discussion about yourself (worth 2 pt.)
2.
Complete the orientation assignment (worth 3 points)
3.
Complete the mandatory online orientation quiz with a score of 5
pts. or 100% to stay in the course.
4.
1/11 you must have completed orientation with a total 10 points
by 11:59 PM.
5.
1/7 @ 12:30 AM to 1/18 @ 11:59 PM the Discussion Obama is
available. (Relates to learning outcomes 11.1, 11.2, & 11.3)
6.
You may wish to complete the extra credit quizzes in the
chapters 1, 2, 3, & 4.
7.
All extra quizzes are located in Course materials under the
respective chapters.
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Week 2
Learning Outcomes
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Learning Materials
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Assessments, Discussions
& Assignments
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2.1 Explain scarcity,
choice,and opportunity costs.
2.2 Analyze production
possibility curve & methods for economic growth.
2.3 Distinguish between
comparative advantage, absolute advantage, specialization, & exchange.
2.4 Analyze the impact of
technology on the economy.
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1.
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Read chapter 2 Scarcity & World of Trade-Offs
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1. Assignment
PPC is due @ 11:59 PM. (Relates to learning outcomes 2.1 & 2.2)
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3.1 Differentiate between
points on a demand or supply vs the determinates of demand & supply.
3.2 Categorize and list
the determinates of demand & supply.
4.1 Define the concept
and results of price ceilings and price floors.
4.2 Explain the rationing
functions of prices
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1.
Read chapter 3 Supply & Demand.
2.
Read chapter 4 Extensions of Demand & Supply Analysis.
3.
Review the video on Supply & Demand
(Relates to learning outcomes 3.2, 3.3, 3.4, 3.5, 3.6, & 3.7).
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1.
Assignment Supply & Demand due @ 11:59 PM
(Relates to learning outcome 3.2, 3.4, & 3.5)
2.
All
extra credit is due @ 11:59.
3.
Exam I (chapters 1 to 4)
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Unit:
Measurement of Economic Performance
Unit:
Economic Growth & Productivity
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Week 3
Learning Outcomes
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Learning Materials
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Assessments, Discussions
& Assignments
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5.1 Differentiate between
the economic & non-economic functions of the government.
5.2 Explain the concept
of spillovers, their impact on resource allocation and corrective actions
needed.
6.1 Distinguish between average
tax rates and marginal tax rates.
6.2 Explain the structure
of the US tax system.
7.1 Describe
macroeconomic issues:
7.1.1 Business Cycle 7.1.2 Unemployment 7.1.3 Inflation 7.1.4 Growth
7.2 Evaluate the nature
& causes of unemployment.
7.2.1 Evaluate the costs of unemployment. 7.2.2 Evaluate how unemployment is measured. 7.2.3 Evaluate criticisms associated with the measurement of unemployment rate & the factors that affect it.
7.3 Categorize types of
unemployment.
7.4 Define the natural
rate of unemployment.
7.5 Explain the impact of
inflation on different groups in US society.
7.6 Compare real vs
nominal interest rates.
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1.
Read chapter 5 Public Spending & Public Choice.
2.
Review the video, click on: My Stuff then
click on Visit Int'l Site and click on English. This video relates the
concept of spillovers & resource allocation (learning outcome 5.2).
3.
Read chapter 6 Funding the Public Sector (Taxes)
4.
Read chapter 7 The Macro economy: Unemployment, Inflation
& Deflation.
6.
View the video Inflation 101
Both videos relate to learning outcomes 7.1, 7.2, 7.3 8.5, 10.5, & 10.6). |
1.
Assignment Unemployment due @ 11:59 PM. ( Relates to learning
outcome 7.2)
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8.1Examine the model of
circular flow and products that contain four sectors
8.1.1 Households 8.1.2 Businesses 8.1.3 Government 8.1.4 International
8.2 Explain how GDP is
measured & identify its components.
8.3 Distinguish between
real GDP & nominal GDP.
8.4 Identify and
calculate the five major social accounts.
8.5 Explain inflation;
how it is measured; & the costs of inflation.
8.5.1 Examine CPI. 8.5.2 Examine the GDP deflator.
9.1 Demonstrate the role
of investment in research & development, & technological progress.
9.2 Analyze the role of
investment in human capital formation.
9.3 Analyze the role of
investment in physical capital formation.
9.4 Illustrate how public
policies influence the long-run economic growth.
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2.
Read chapter 8 Measuring the Economy's Performance.
4.
Read chapter 9 Global Economic Growth & Development.
5.
Listen to the Audio of Are we
supposed to be spending or saving? (Relates to learning
outcome 8.5 & 12.1).
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1.
Assignment GDP due @ 11:59 PM (Relates to learning
outcome 8.1, & 8.2)
2.
All extra credit is due @ 11:59 PM
3.
Exam II (chapters 5, 7, 8, & 9)
4.
Extra credit quizzes(chps 5-9)
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Unit:
National Income Price Determination
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Week 4
Learning Outcomes
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Learning Materials
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Assessments, Discussions
& Assignments
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10.1 Examine the
determinants of aggregate demand & aggregate supply.
10.2 Analyze the
different views about the shape of the AS in the short-run & long run.
10.3 Explain the causes
of inflation.
10.4 Differentiate
between demand-pull inflation & cost-push inflation.
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1.
Read chapter 10 Real GDP & Price Level in the Long Run
3.
View the video Inflation 101
Both videos relate to learning outcomes 7.1, 7.2, 7.3, 8.5, 10.5, & 10.6).
4.
Research from viable & creditable sources such as and
not limited to economic journals, periodicals, books, data bases, & web
sites.
5.
Analyze & evaluate the principle of economic topics (in
chapters 8 or 9) in a written format that follows the news article format.
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1.
News Article Analysis I due @ 11:55 PM. (Relate
to one of the following learning outcomes 8.1, 8.2, 8.3, 8.4, 8.5, 9.1, or
9.2)
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11.1 Compare &
contrast the economic theories : Classical, Keynesian, & Monetarism
models.
11.2 Differentiate
between demand-pull inflation & cost-push inflation.
11.3 Identify
inflationary & recessionary GDP Gaps.
11.4 Analyze the
different views about the shape of the AS in the short-run.
12.1 Explain the key
determinates of consumption & saving in the Keynesian model.
12.2 Interpret the
multiplier concept.
12.3 Explain how spending
& the multiplier effect impact the AD.
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1.
Read chapter 11 Classical & Keynesian Macro Analysis
4.
You may wish to review the Commanding
Heights Video. Episode One: Battle of Ideas.
(Relates to learning outcome 11.1).
5.
Read chapter 12 Consumption, Real GDP, and the Multiplier.
6.
Review the video on the Multiplier
located in chapter 12 (Relates to learning outcome 12.5 & 12.6).
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1.
Discussion Consumption (Relates to learning
outcomes 10.4, 12.1, 12.2, & 2.3).
2.
All the extra credit quizzes chapters 10 to 12 are due @ 11:59 PM.
3.
Exam III (chapters 10 to 12).
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Unit: Financial Sector
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Week 5
Learning Outcomes
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Learning Materials
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Assessments, Discussions
& Assignments
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13.1 Analyze fiscal fiscal
policies from the demand side effects.
13.2 Analyze fiscal
policies from the supply side effects.
13.3 Compare the concept
of the "automatic" fiscal stabilizers & discretionary finance.
13.4 Evaluate the
relevant time lags involved.
13.5 Interpret the crowding
out effect.
13.6 Compare &
contrast the economic theories : Classical, Keynesian, Monetarism models
& Supply Side Economics (Laffer Curve).
14.1 Evaluate the impact
of government deficits & debt.
14.2 Interpret crowding
out effects.
15.1 Define the four
functions of money.
15.2 Explain the
structure of the Federal Reserve System.
15.3 Summarize the
functions of the Federal Reserve.
15.4 Explain the
"fractional cash reserve" system used in the US.
15.5 Explain how money is
created.
15.6 Demonstrate how the
money market operates.
16.1Analyze monetary
policies from the demand side effects.
16.2 Analyze monetary
policies from the supply side effects.
16.3 Explain what is
meant by 'transaction demand" & asset demand for money.
16.4 Compare the tools of
the Federal Reserve System.
16.5 Define what is meant
by "easy money" & "tight money" supply polices.
16.6 Evaluate the
comparative effectiveness of monetary and fiscal policy alternatives ( Review
chapter 13, pg. 280).
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1.
Read chapter 13 Fiscal Policy
2.
Read chapter 14
Deficit Spending & the Public Debt.
5.
Read chapter 15
Money, Banking & Central Banking.
6.
More information about the Federal Reserve go to fed 101
(Relates to learning outcomes 15.1, 15.2, 15.3, 16.1, 16.2, 17.2, 17.3, &
17.4).
8.
Read chapter 16
Money Creation & Deposit Insurance.
9.
Video on How
the Federal Reserve Works Part 2 in chapter 16. (Relates
to learning outcome 16.1 & 16.2)
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1.
Assignment Fiscal Policy due @ 11:59 PM
(Relates to learning outcomes 13.1, 13.2, 13.3, 13.4, & 13.5).
2.
Assignment Monetary Poclicy due @ 11:59 PM (Relates
to learing outcomes 16.2, 16.4, &16.5)
3.
All extra credit is due @ 11:59 PM.
4.
Exam IV (chapters 13 to 16)
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Week 6
Learning Outcomes
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Learning Materials
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Assessments, Discussions
& Assignments
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17.1 Discuss the
historical perspective of inflation & unemployment to Phillips Curve.
17.2 Define the Natural
Rate of Unemployment.
17.3 Discuss sticky-price
& sticky-wage models & their implication for AS supply curve.
17.4.Evaluate the impact
of economic functions on the economy's real output & price level in both
the short & long run.
17.5 Describe the
Rational Expectations Theory.
18.2 Analyze the role of
investment in human capital formation.
18.3 Analyze the role of
investment in physical capital formation.
18.4 Illustrate how
public policies influence the long-run economic growth.
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1.
2.
Read chapter 17 Domestic & International Dimensions of
Monetary Policy.
3.
View videos How the Federal
Reserve Works Parts 3, 4, & 5. (Relates
to learning outcomes 17.1, 17.2, 17.3, & 17.4).
4.
Read chapter 18 pages 449 to 463,
Stabilization in an Integrated World Economy.
5.
Click on the link for another presentation of the Philips Curve
(Relates to learning outcome 18.3).
6.
Now, let's see if the introduction video makes more sense to you
then in the beginning of the semester.
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1. 11:59
PM the Discussion 'The President ?'
(Relates to learning outcomes 13.1, 13.3, 13.4,.14.1, 15.5, 15.6, 16.1, & 17.1).
2. extra
credit quizzes are due @ 11:59 PM
3. Exam V
(chapters 17 & 18)
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Unit: Inflation,
Unemployment Stabilization Policies
Unit: Economic Growth & Productivity |
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Learning Outcomes
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Learning Materials
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Assessments, Discussions
& Assignments
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17.1 Discuss the
historical perspective of inflation & unemployment to Phillips Curve.
17.2 Define the Natural
Rate of Unemployment.
17.3 Discuss sticky-price
& sticky-wage models & their implication for AS supply curve.
17.4.Evaluate the impact
of economic functions on the economy's real output & price level in both
the short & long run.
17.5 Describe the
Rational Expectations Theory.
18.2 Analyze the role of
investment in human capital formation.
18.3 Analyze the role of
investment in physical capital formation.
18.4 Illustrate how
public policies influence the long-run economic growth.
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1.
Research from viable & creditable sources such as and
not limited to economic journals, periodicals, books, data bases, & web
sites.
2.
Analyze & evaluate the principle of economic topics (in
chapters 13 or 17) in a written format that follows the news article format.
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1. News
Article II due @ 11:59 PM (Relate to one of the following learning
outcomes; 13.1, 13.2, 13.3, 13.4, 13.5, 13.6, 13.7, 13.8, 17.1 17.2, 17.3 or
17.4.).
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NO Make-up Exams
NO Late Submissions of
course work will be accepted
NO On-Campus Exam Exams
The Location of Learning
Activities:
- Exams : are located
in each unit on the Homepage.
- Assignments/
Case Studies
: All are located in the appropriate chapter on the Homepage under the
correct chapter. or You may access Assignments on the the Menu Bar
at the top or the page under Assignments.
- Discussions : All are
located in the appropriate chapter on the Homepage under the correct
chapter.or You may access discussions on the the Menu Bar at the
top of the page under Discussions.
- Extra
Credit Quizzes
: All are located in the appropriate chapter module on the Homepage. Each
chapter has an extra credit quiz.
- Videos: Are located in
the appropriate chapter on Homepage under the chapter to assist in
understanding concepts.
- Tutorials : Each chapter
has Publisher Materials which holds information from the author of your
textbook and from the publisher to help you study or clarify points.
- MyEconLab : The link is
located under Help on left side of the course. This is an excellent study
tool. You will need an access code to use that tutorial. You will need an
access code and a course code.
- Web
Links
: are located on the left-hand side of the course to assist with web
links.
- What
does Critical
Thinking Mean ?
Exams
- NO
make up exams
- The
BC policy on missed work BC catalog General Academic Information .
- All
five exams will be taken online with a secure Internet connection.
- All
Exams are timed, after 1 hour the exam will close. You will lose all
points for answers not saved.
- Each
exam is worth 100 points and are made-up of multiple choice questions.
- There
are approximately seven to ten questions per chapter.
- If
you should miss an exam you will receive a zero for that exam.
- Exams
will not be administered after the dates and times indicated in the
syllabus, unless there are extenuating circumstances.
- Only
with prior notification and documentation (original funeral notice,
original doctor note, etc.). and you have made prior arrangements with
the instructor.
- Exams
cannot be made up after the exam date has passed unless prior
arrangements have been made.
- The
use of notes, books, binder, texts, calculators etc. is not permitted for
any test.
- It
is advisable to save your answers as you move through the exam.
- If
something happens, i.e. you run out of time, or your Internet fails your
answers that have been save will count. Do not wait until the end of the
exam to save all your answers.
- Make
sure you have a solid Internet connection. If your ISP
disconnects you during an exam, that will count as an attempt and you will
not be able to repeat the quiz. If unsure of your Internet connection you
may go to the LRC.
- All
exams are located in Course Materials (on the Homepage) in each specific
Unit of Study. For example, Exam I chapters 1 to 4 is in Unit
1:Fundamentals of Economic Concepts... Key Terms, Practice Quizzes, Extra
Credit Quizzes, MyEconLab and other learning tools are available in the
Course Materials (on the Homepage) in the specific chapters.
- Exam
Instructions --Choose the best possible answer. Record and save your
answer as you complete each question.
- If
you should run out of time or there is a power outage the answers you
saved will still count toward your grade. Exam dates are located in the
syllabus under Course Schedule. For more information about how Exams or
Assessments operate click on: http://www.earthsights.com/orientations/assessment/assessment.html
Academic Honesty
- Each
student's academic work must be the result of his or her own thought,
research, or self-expression.
- Cheating
includes, but is not limited to: copying the work of another person ( plagiarism ) or permitting
your work to be copied by another person, discussing test answers or
questions with people who have not completed the test, distributing
assignment materials to other students, poses sing course materials that
have not been formally released to students in the course, and
collaborating on the completion of assignments not specifically designated
in the syllabus as being group projects".
- Cheating
will be considered a breach of BC's Code
of Conduct Policy and may result in academic
penalties (zero points on the assignment/test in question, a failing grade
for the course), disciplinary action, and/or a referral to the Dean of
Student Affairs. Examples 1) If it appears that two or more students have
submitted the same material for any solo assignments, each student
involved will receive zero points for that assignment. 2) If it appears
that a student has copied an assignment from published material (including
Internet sites), the student will receive an zero points for that
assignment.
Discussions
Guidelines
- No
late discussion posting will be accepted.
- Discussions
are open for about one week to post and reply.
- All
discussions are on a selective release, which means the discussion will
appear in the discussion area at the date and time stated in the course
schedule .
- Once
the discussion topic closes, the discussion is no longer listed in your
discussion area (it disappears).
- There
are three discussions worth 30 points each for a total of 90 points.
- At
the end of this course, the students will participate in a collaborative
activity that will require research, analysis and evaluation of a current
topic in economics.
Here is a quick, down and
dirty cheat sheet for discussions. For more detail grading
guidelines click on Discussions
- Postings
& replies should be evenly distributed during the discussion period
(not concentrated all in one day or at the beginning and/or end of the
period) & you must reply to a colleague's posting to receive full
credit and not in the same time period.
- Postings
posted toward the end of the time period or only on the last day will
receive a lower score (Postings should be evenly distributed during the
discussion period).
- Postings
should be a minimum of one short paragraph & a maximum of two
paragraphs.
- Avoid
posting that are limited to 'I agree' or 'great idea', etc. If you agree
or disagree with the posting then say why you agree by supporting your
statement with concepts from the readings (text or scholarly sources) or
by bringing in a related example or experience (work experience, prior
coursework, readings, etc.).
- Try
to use quotes from the articles that support your postings. Include page
numbers when you do that.
- Address
the questions as much as possible (don't let the discussion stray).
- Use
proper etiquette
- Proper
language
- Typing,
spelling, & grammar.
|
Learning Activity
Discussions |
Relationship to learning outcomes
|
|
Obama Discussion
|
11.1 Examine the history
of macroeconomics.
11.2 Compare and contrast economic theories: Keynesian, Free Markets, & Monetarism |
|
Consumption Discussion
|
10.1 Examine the determinants
of aggregate demand & aggregate supply.
12.1 Explain the key determinates of consumption & saving in the Keynesian model.
12.2 Interpret the
multiplier concept.
12.3 Explain how spending
& the multiplier effect impact the AD.
|
|
Discussion 'Is the President Responsible for the Economy?'
|
13.1 Analyze fiscal fiscal policies from the demand side effects.
13.2 Analyze fiscal
policies from the supply side effects.
13.3 Compare the concept
of the "automatic" fiscal stabilizers & discretionary finance.
13.4 Evaluate the
relevant time lags involved.
13.5 Interpret the
crowding out effect.
14.1 Evaluate the impact of government deficits & debt. 16.1 Analyze monetary policies from the demand side effects.
16.2 Analyze monetary
policies from the supply side effects.
16.4 Compare the tools of
the Federal Reserve System.
16.5 Define what is meant
by "easy money" & "tight money" supply polices.
16.6 Evaluate the
comparative effectiveness of monetary and fiscal policy alternatives ( Review
chapter 13, pg. 280).
|
Academic Honesty
- Each
student's academic work must be the result of his or her own thought,
research, or self-expression.
- Cheating
includes, but is not limited to: copying the work of another person (plagiarism) or permitting
your work to be copied by another person, discussing test answers or
questions with people who have not completed the test, distributing
assignment materials to other students, poses sing course materials that
have not been formally released to students in the course, and
collaborating on the completion of assignments not specifically designated
in the syllabus as being group projects".
- Cheating
will be considered a breach of BC's Code
of Conduct Policy and may result in academic
penalties (zero points on the assignment/test in question, a failing grade
for the course), disciplinary action, and/or a referral to the Dean of
Student Affairs. Examples 1) If it appears that two or more students have
submitted the same material for any solo assignments, each student
involved will receive zero points for that assignment. 2) If it appears
that a student has copied an assignment from published material (including
Internet sites), the student will receive an zero points for that
assignment.
Assignments
There are 6 assignments.
- Each
worth 30 points for a total of 180 points toward your grade.
- You
will be graded on how well you related the information in the from your
textbook or Internet resources.
- No
late assignments will be accepted.
- At
the end of this course, the students will read, research and submit
written assignments that require analysis and evaluation of economic
topics.
To avoid unforeseen
technical complications that can occur, even when you think everything is
working well, it is strongly recommended that you complete and submit your
assignments well ahead of schedule. Check the course schedule for the due dates
of the assignments. All assignments are due at midnight.
Information
- All
assignments are located in the appropriate chapter of study.
- All
assignments have a due date and due time. For dates and times of your
assignments refer to your Course Schedule.
- Do
not e-mail me your assignment, unless I request you to email me the
assignment.
- Analyze
each assignment and submit your analysis in Assignment Drop Box in course
management system. All assignments are open and are due by midnights on
specific dates.
- Assignments
must be submitted in Microsoft Word or Excel format. If the professor is
unable to open your assignment; the consequence is a zero for that
assignment.
- Each
assignment is worth 30 points for a total of 180 points.
- Information
about the opening, saving, and editing assignments. Go to the assignment
and open the file and Save As to your desktop. Next, open your Word
program, click on File and open the file in Word, then you should be able
to file out the form.
- Save
it as a word document and upload to the Assignment Drop Box. More
information click on: Assignments.
- Click
here to view Grading
criteria for assignments
Summary of learning
activities& their relation to learning outcomes.
Please note the notations
before the learning outcome relate to the chapter that contains the content.
|
Assignment PCC
|
2.1 Explain scarcity, choice,and
opportunity costs.
2.2 Analyze production
possibility curve & methods for economic growth.
2.3 Distinguish between
comparative advantage, absolute advantage, specialization, & exchange.
2.4 Analyze the impact of technology on the economy.
2 .1 Explain scarcity,
choice,and opportunity costs.
2.2 Analyze production
possibility curve & methods for economic growth.
2.3 Distinguish between
comparative advantage, absolute advantage, specialization, & exchange.
2.4 Analyze the impact of technology on the economy. |
|
Assignment Supply & Demand
|
3.1 Differentiate between the points on a demand or supply
schedule & concepts of demand & supply.
|
|
Assignment Unemployment
|
7.2 Evaluate the nature
& causes of unemployment.
7.2.2 Evaluate how unemployment is measured. |
|
Assignment GDP
|
8.2 Explain how GDP is
measured & identify its components.
|
|
Assignment Fiscal Policy
|
13.1 Analyze fiscal
fiscal policies from the demand side effects.
13.2 Analyze fiscal
policies from the supply side effects.
13.3 Compare the concept
of the "automatic" fiscal stabilizers & discretionary finance.
13.4 Evaluate the
relevant time lags involved.
13.5 Interpret the crowding
out effect.
|
|
Assignment Monetary Policy
|
16.4 Compare the tools of
the Federal Reserve System.
16.5 Define what is meant
by "easy money" & "tight money" supply polices.
|
Academic Honesty
- Each
student's academic work must be the result of his or her own thought,
research, or self-expression.
- Cheating
includes, but is not limited to: copying the work of another person ( plagiarism) or permitting
your work to be copied by another person, discussing test answers or
questions with people who have not completed the test, distributing
assignment materials to other students, poses sing course materials that
have not been formally released to students in the course, and
collaborating on the completion of assignments not specifically designated
in the syllabus as being group projects".
- Cheating
will be considered a breach of BC's Code
of Conduct Policy and may result in academic
penalties (zero points on the assignment/test in question, a failing grade
for the course), disciplinary action, and/or a referral to the Dean of
Student Affairs. Examples 1) If it appears that two or more students have
submitted the same material for any solo assignments, each student
involved will receive zero points for that assignment. 2) If it appears
that a student has copied an assignment from published material (including
Internet sites), the student will receive an zero points for that
assignment.
News Article Analysis
- Certain
General Education Courses have been designated as writing courses.
- This
course is a writing course and you do not have to sign-up for writing
credit.
- You
must analyze two news articles and each report is worth 100 points for a
total 200 points.
- Yes,
that means you must complete this part of the course or you will lose 200
points.
- At
the end of this course, the students will read, research and submit
written assignments that require analysis and evaluation of economic
topics.
Procedures
- Grade
of "C" or better is necessary to meet the A.A. Degree
requirement, in this course, ECO 2013 to receive writing credit.
- Student
must be qualified to take (3) credit hours of English Composition ENC 1101
- There
are two critiques of news articles, not opinions, ed op pages, for
example click on http://www.washingtonpost.com/wp-dyn/content/opinions/ , not
book reviews, or advertisements.
- The
economic articles must be dated within the beginning of the semester, no
earlier articles will be accepted.
- The
Article Review Form is located in the assignment drop box, located under
Course Tools on the left-hand of the side in Assignments. Click on News
Article Analysis Form to view the form to be used when analyzing a news
article.
- Use
the form and strong emphasis is placed on how you relate the article to the
learning outcomes referencing to chapter (s) in our textbook.
- Then
fill out the form. To analyze or critique your news article use our
textbook and other creditable resources. Wikapedia is not a
scholarly resource and will not be accepted.
- Click
here to view an example of a News
Article Analysis
Suggested Source &
Other Notes:
- http://ucl.broward.edu/Getting_Started.htm
- Grammar,
spelling, sentence structure, and appearance do count.
- Use
the form. Submit the form to the Assignment Drop Area.
- Please
use citations.
- Summary
of News Analyses & their relation to learning outcomes
- Please
note the notations before the learning outcome relate to the chapter that
contains the content.
- Do
not duplicate news articles.
- Click
here to view the grading criteria for the News
Article Analysis
|
Learning Activities News Article Analysis
|
Relationship to learning outcomes
|
|
News Article Analysis I
must relate to at least
one of the learning outcomes of chapters 8 or 9.
|
8.1 examine the model of
circular flow and products that contain four sectors
8.1.1 Households
8.1.2 Businesses
8.1.3 Government
8.1.4 International
8.2 Explain how GDP is
measured & identify its components.
8.3 Distinguish between
real GDP & nominal GDP.
8.4 Identify and
calculate the five major social accounts.
8.5 Explain inflation;
how it is measured; & the costs of inflation.
8.5.1 Examine CPI.
8.5.2 Examine the GDP
deflator.
9.1 Demonstrate the role
of investment in research & development, & technological progress.
9.2 Analyze the role of
investment in human capital formation.
9.3 Analyze the role of
investment in physical capital formation.
9.4 Illustrate how public
policies influence the long-run economic growth.
|
|
News Article Analysis II
must relate to at least one of the learning outcomes of chapters 13 or 17. |
13.1 Analyze fiscal
fiscal policies from the demand side effects.
13.2 Analyze fiscal
policies from the supply side effects.
13.3 Compare the concept
of the "automatic" fiscal stabilizers & discretionary finance.
13.4 Evaluate the
relevant time lags involved.
13.5 Interpret the
crowding out effect.
13.6 Compare &
contrast the economic theories : Classical, Keynesian, Monetarism models
& Supply Side Economics (Laffer Curve).
16.1 analyze monetary policies
from the demand side effects.
16.2 Analyze monetary
policies from the supply side effects.
16.3 Explain what is
meant by 'transaction demand" & asset demand for money.
16.4 Compare the tools of
the Federal Reserve System.
16.5 Define what is meant
by "easy money" & "tight money" supply polices.
16.6 Evaluate the
comparative effectiveness of monetary and fiscal policy alternatives ( Review
chapter 13, pg. 280).
|
Academic Honesty
- Each
student's academic work must be the result of his or her own thought,
research, or self-expression.
- Cheating
includes, but is not limited to: copying the work of another person (plagiarism ) or permitting
your work to be copied by another person, discussing test answers or
questions with people who have not completed the test, distributing
assignment materials to other students, poses sing course materials that
have not been formally released to students in the course, and
collaborating on the completion of assignments not specifically designated
in the syllabus as being group projects".
- Cheating
will be considered a breach of BC's Code
of Conduct Policy and may result in academic
penalties (zero points on the assignment/test in question, a failing grade
for the course), disciplinary action, and/or a referral to the Dean of
Student Affairs. Examples 1) If it appears that two or more students have
submitted the same material for any solo assignments, each student
involved will receive zero points for that assignment. 2) If it appears
that a student has copied an assignment from published material (including
Internet sites), the student will receive an zero points for that
assignment.
Extra Credit Quizzes
- In
each chapter there is a five point extra credit quiz and the extra credit
quizzes score is applied to your next unit exam.
- If
you score 5 points on an extra credit quiz and 100 points on an exam then
your unit exam grade is 105.
- All
the extra credit quizzes close at midnight before the unit exam.
- Before
you take the extra credit quiz, you may want to print out the extra credit
quiz first.
- Research
your textbook for the answers and record your answers, then go back to the
extra credit quiz and record your answers. Be careful because the order of
the questions may have changed or the order of the answers.
- You
have only one attempt at the quiz.
- Below
are instructions for printing your quiz.
- Extra
Credit Quizzes are not open while an exam is in process.
- Extra
Credit Quizzes are not extended or re-opened because they are just that
extra credit.
- After
you complete the quiz, is when you may review your results. Click on OK,
click on OK again, click on View Attempt, and click on View Attempt 1.
- No
late extra credit will be accepted .
- Collaboration
between students and discussion of quiz answers are NOT permitted.
Publisher's Materials
- Located
in each chapter there are Publisher's Materials, which contain the
following learning materials:
- These
materials are linked to an older Pearson site. Let's hope Pearson does not
break the link.
- Key
Terms
- Audio
Definitions
- Videos
Author's comments
- Flashcards
- Chapter
Outline
- PowerPoint
Slides
- Self-study
quizzes
MyEconLab Practice quizzes,
etc.
The publisher has a web
site to help you pinpoint which sections you have mastered and which ones you
need to study.
- Register
and log in to http://www.econlab.com . or the link
on the Homepage in the module Student Support & Resources.
- Click
on Take a Test and select Sample Test A for chapter 1.
- Take
the diagnostic test. MyEconLab will grade automatically and create a
personalized Study Plan so you see which section so the chapter you should
study further. The Study Plan will serve up additional practice problems
and tutorials to help you master the specific areas where you need to
focus. By practicing online, you can track your progress in the Study
Plan. After you have mastered the sections, go to Take a Test and select
Sample test B for chapter 1. Take the test and see how you do.
View your Grades
- Online
quiz and exam grades will be available after finishing the quiz or exam.
View "My Grades" from the course homepage.
- Grades
for assignments will be posted usually within seven BC working days of
the closing date of the assignment.
- Grades
for discussion postings will be posted within seven BC working days after
the discussion has closed.
- Your
final grade will be available at the end of the course.
- How
your Grade will be Determined
|
Assessments
|
Possible
Points
|
|
Assignment PPC
|
30
|
|
Assignment Supply & Demand
|
30
|
|
Assignment Unemployment
|
30
|
|
Assignment GDP
|
30
|
|
Assignment Fiscal Policy
|
30
|
|
Assignment Monetary Policy
|
30
|
|
Total Possible Points for Assignments
|
180
|
|
Exam I
|
100
|
|
Exam II
|
100
|
|
Exam III
|
100
|
|
Exam IV
|
100
|
|
Exam V
|
100
|
|
Total Possible Points for Exams
|
500
|
|
News Article Critique I
|
100
|
|
News Article Critique II
|
100
|
|
Total Possible Points for
News Articles
|
200
|
|
Discussion Topic Obama
|
30
|
|
Discussion Topic
Consumption
|
30
|
|
Discussion Topic Is the Pres...
|
30
|
|
Total Possible Points for Discussions
|
90
|
|
Total Possible Points
|
970
points
|
- Grading
Scale
|
Points
|
Letter
Grade
|
Percentage
|
|
873 to
970
|
A
|
90% to
100%
|
|
776 to
872
|
B
|
80% to
89.9%
|
|
679 to
775
|
C
|
70% to
79.9%
|
|
582 to
678
|
D
|
60 to
69.9%
|
|
0 to
581
|
F
|
59.9%
and below
|
Expectations for Course
Communication
- Email: Use the email
tool only for private, personal, one-to-one communication with a specific
individual or groups of individuals. Please do not send course related
emails to the instructor's BC email address. Solicitations will not be
tolerated. Assignments sent to the instructor's BC email will notbe
accepted.
- Alternate
Communication: In
the event that the course communication tools are unavailable for more
than 24 hours, the instructor will communicate with students (if
necessary) via their BC email addresses. Access your BC email account at http://www.broward.edu/info/studentemail/Home.jsp.
- Discussions: Use the
"coffee shop " discussion thread to post questions that might be
of general interest to all students such as questions about assignments,
tests, etc. Feel free to respond to other students if you think you can
help them. Proofread the content of your posts before making them public;
proper grammar and sentence structure are expected. Remember that the
discussion tool is public - everyone will be able to view posts and
responses. See the Netiquette section below for expectations regarding
appropriate behavior in online discussions.
- Faculty
Response Policy: Course emails and discussion posts
will be answered within 48 hours. Emails sent on Saturday or Sunday may
not be answered until Monday. It is recommended that you post
course-related questions in the discussion area. If you need info related
to a test or assignment, plan ahead and submit your questions well ahead
of the due date. Your instructor is not online 24 hours per
day, so please allow time for responses.
- Netiquette: In all online
communication, it is expected that all students will follow rules of
online "netiquette". Netiquette is a set of rules for polite
online behavior that all members of this class are expected to follow. Read some
general netiquette rules here. Basically, these rules say
"be respectful and be polite to each other" and "be
patient," etc. No one is perfect and we all have different approaches
to life, work, and school.
- Individuals
who violate the netiquette policy 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 course access privileges revoked and/or they may
be referred to the Student Dean. Students who continue to engage in
unacceptable online behavior after being warned, may be permanently
denied access to the course and/or may receive an F for the course.
- Please
don't use email shorthand like ROTFL (rolling on the floor laughing) or
BTW (by the way) - not everyone knows what these abbreviations mean. If
you want to use emoticons (smileys) to convey feelings, please 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.
- Privacy Notice: Course
access records, quiz scores, email postings, discussion postings, and
chat room conversations will be stored. This is one more reason to make
sure that your communications adhere to the netiquette policy.
Special Needs - Students
having special needs as defined by the Americans with Disabilities Act should:
- Notify
the Office of
Disability Services as early in the term as possible.
It is the student's responsibility to contact the Disability Support
Office prior to document disability prior to receiving services.
- Notify
the instructor after you have contacted the Office of Disability Services
so that the instructor can consult with the Office of Disability Services
to discuss what reasonable accommodations would be appropriate for your
situation.
Academic Honesty
- Academic
Honesty
- Each
student's academic work must be the result of his or her own thought,
research, or self-expression.
- Cheating
includes, but is not limited to: copying the work of another person ( plagiarism ) or
permitting your work to be copied by another person, discussing test
answers or questions with people who have not completed the test,
distributing assignment materials to other students, poses sing course
materials that have not been formally released to students in the course,
and collaborating on the completion of assignments not specifically
designated in the syllabus as being group projects".
- Cheating
will be considered a breach of BC's Code
of Conduct Policy and may result in academic
penalties (zero points on the assignment/test in question, a failing
grade for the course), disciplinary action, and/or a referral to the Dean
of Student Affairs. Examples 1) If it appears that two or more students
have submitted the same material for any solo assignments, each student
involved will receive zero points for that assignment. 2) If it appears
that a student has copied an assignment from published material
(including Internet sites), the student will receive an zero points for
that assignment.
Critical Event Procedure
- In
the event of a school closing due to weather or other major event that
might impact class schedules, the instructor will post an announcement
indicating what changes, if any, the event will have on the course
schedule and due dates.
Logging Off
- Security
Warning:
If you do not close your browser or log off, a person using that machine
after you will have access to your course materials, could send e-mail to
me in your name, and view your confidential student record. Protect your
password. Click "Logout."
Changes to the Syllabus
- The
instructor reserves the right to make changes to this syllabus. In the
event that changes become necessary, students will be notified through
course email.
24/7 Helpdesk Information
- For
year-round, 24 hour technical assistance use the information below to
reach the BConline.
- Phone
number: 1 866 468-0009
- Chat:
https://chat.perceptis.com/c/broward
- You
can also open your own ticket online and can track any of your open help
desk tickets at the BConline
Support Center.
In order to be successful
in this course, you need to be organized and manage your time well so that you
can complete all assignments and assessments on time. You will need to devote at least
twelve hours per week to complete the learning activities required in this
course. Make sure that you do not allow yourself to procrastinate, and that you
communicate with the instructor or your classmates via the course email if you
have any questions on any course materials or need assistance completing any assignments.
E-Learning Resources for
Students
- Click here to
access a wide variety of support resources for students
enrolled in online and blended e-Learning courses, such as library
services, advising and counseling, tutorials, tutoring services,
disability services and more.
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