ECN 232 Microeconomics On Line               Syllabus 

Spring/Summer 2003

Mark Schopmeyer              mark_schopmeyer@jccmi.edu

Jackson Community College

2111 Emmons Rd.

Jackson  MI  49201

Office: 517 796 8563

Fax: 517 796 8632

About the Course

Microeconomics explains how consumers and businesses behave in the economy. Students will understand supply and demand, competitive and monopolistic businesses, international trade and finance, how wages are determined, and how and why government regulates businesses.

ECN 232 is the introductory microeconomics course given at colleges and universities across the US. It transfers to nearly all schools. Most business majors are required to take Microeconomics but many other people take it to get a general understanding of how the economy works.

This course will contribute to your skills in the following areas:

 

¨       Ability to write clearly, concisely, and intelligibly.

¨       Ability to comprehend and use written and oral information.

¨       Computational skill and understanding.

¨       Critical thinking and problem solving.

¨       Understanding of social, political, and economic systems.

¨       Understanding an international perspective and the interdependency of all peoples and nations.

Taking Economics On Line

Economics is a time consuming course for most people. Successful students say they spend at least six hours a week studying economics. If you have difficulty with your computer or spend a lot of time doing research or discussion you may spend more time than that. Successful on line students create a schedule for their work so they don't put it off and get behind.

Even though the course is on line you are not expected to work alone. Use email and the discussion area to ask the instructor and other students for help. You can contact other students or set up study groups to work together on assignments, just remember the work you turn in should be your own.

Computer Requirements

You will need access to a computer with internet capability and a printer. You must also be able to send and receive email. Free email is available from a number internet services or you may use the JCC email system (JCC students automatically have email accounts).

For this course you should have Adobe Acrobat Reader 5.1 loaded in your computer. Many government documents come in this format. Acrobat Reader can be downloaded free from www.adobe.com.

You may find it useful to use spreadsheet software such as MS Works, Excel, or Lotus for making graphs. If you don't have a spreadsheet, or it's too much trouble you can draw graphs by hand and mail or fax them in.

Texts

The course textbook is Microeconomics by McConnell and Brue, 15th edition, 2002, published by McGraw-Hill. (ISBN 0072340371) On line students may also want to purchase the accompanying Microeconomics Study Guide. These books are resources to help you with the assignments. They have questions and problems that are similar to assignment questions and allow you to practice. There is also a web site that accompanies the text at www.mhhe.com/economics/mcconnell with good information for students.

Textbooks are available at the JCC bookstore on main campus any time. During the first week of the semester books are available at JCC's off campus centers. If you would like to order on line from the JCC bookstore go to www.jackson.bkstr.com, www.half.ebay.com, www.bookfinder.com or another on line bookstore.

Class Requirements

Assignments

Students must complete 14 assignments during the semester. For each assignment students will write answers to questions and problems using one chapter of the text plus other readings. Assignments will be worth about 35 to 45 points depending on the amount of work required. There will not be any tests or final exam.

Assignment Grading

Most questions can be answered in one to two paragraphs. You should write a thorough answer, including all the background information necessary to explain your ideas. If you aren’t sure whether to include some information or not, it’s best to include it. Write your answer as if you were writing for a reader who is not taking the class and include the information that person would need to understand your answer.

Each assignment question is usually worth 5 points and will be scored as follows:

5 points                 The answer is explained clearly and thoroughly in your own words, not copied from the text. Economic terms are used correctly. Original examples (not ones from the text) are used when appropriate to illustrate your ideas. Information from sources other than the text is used when appropriate.

4-4 1/2 points       The answer is mostly correct but there are slight errors. The writing is not the student’s own words. Examples are taken from the text or assigned readings.

3-3 1/2 points       The answer is accurate but not explained completely, or may be partly incorrect. Important examples or explanations are missing.

1-2 ½ points         There is some correct information but the answer is poorly explained.

0 points                 The answer is wrong, no correct information is given.

 

Numerical problems (points will vary):

Maximum points    Correct formulas are used and the answer is correct. All signs (+, -) and labels ($, %, etc,) are provided and are correct.

Partial credit           Signs or labels may be missing. Formula is correct but answer is miscalculated. Important information is missing or wrong.

0 points                 No correct information provided.

 

Graphs and tables (points will vary):

Maximum points    Correct graph is provided, all axes and lines are labeled correctly. All changes are clearly indicated, important points and intersections are labeled. A title is included.

                             Table information is complete and correct. Necessary signs, labels and a title are included.

Partial credit           Graph is mostly correct, some labels or lines are missing or incorrect.

                             Some table information, signs or labels are missing or incorrect.

0 points                 No correct information provided.

 

Discussions

Discussion is an important part of the class. It is where students and the instructor can talk about topics in detail and explore difficult issues. Each week there will be a new discussion on a topic related to the Assignment. The weekly discussion will be open for about 10 days and students may post as many responses as they like. You are encouraged to find articles (from the internet or other sources) and share them with the class.

Discussion Etiquette

Discussion should be a learning experience for everyone who posts or just reads the postings. It's a great opportunity to present information as well as ask questions. For this reason it is important that no one is turned off by someone's remarks. We want to examine controversial ideas but we want the ideas to conflict, not the people involved. If you disagree with something, make it clear that you are disagreeing with the idea, not the person posting (who may not even agree with the idea themselves). In short, treat people and their remarks with respect, even when disagreeing. The instructor will remove postings that in his judgment are abusive or inhibit the free discussion of all students. Go to http://groups.yahoo.com/ for examples of good and bad behavior during electronic discussions.

Discussion Grading

For each weekly discussion you should post at least two messages on different days. You should read other student’s postings and contribute to the ideas being discussed.

A good posting stays on the subject and explains some information or provides some new information to the discussion. Asking an important question about some information is a good way to add new energy to a discussion. A posting expressing an opinion must be explained carefully and supported by some information.

The best postings bring information from sources other than the text. Tell why you feel the information is important. If possible attach the article to your posting (this doesn’t always work in Blackboard). Provide a web address or source so others can find the original article.

Often students post simple messages agreeing with another posting. Or a student may want to express a personal opinion about something. It’s fine to post these messages but they won’t earn any points.

¨       Each posting is worth up to 5 points and you can earn up to 5 points per day. You may earn up to 15 points per discussion by posting on three different days. Over the semester you may earn a maximum of 130 discussion points.

¨       You may post as many messages as you like but for each weekly discussion a maximum of 15 points can be earned.

¨       You may post messages any time but messages posted after the closing date will not be graded.

Discussions will be graded as follows:

5 points                 A message brings new information or ideas to the discussion. The message may have an opinion that is supported with some information from the text or an article. The message may bring some relevant information from an article. The article is successfully attached or a web address is included.

4-4.5 points          A message has some new information or ideas. Opinions are weakly supported. Information from the text or an article is provided but there is no explanation about it. No attachment or address is provided for an article, or the attachment doesn’t work.

3-3.5 points          Message has little new information. Opinions are not supported with any information. No information from outside the text is provided.

1-2.5 points          Message has very little new or relevant information. Message gets off the subject. The message just agrees with another message and adds very little to the discussion.

0 points                 Messages bring no information to the discussion.

 

Due Dates and Late Work

Late assignments will be accepted with no penalty for two weeks after the due date. After two weeks late assignments will not be accepted.  Discussions close on the closing date, no exceptions. Messages can be posted after the closing date but they will not be graded.

Grading Scale

Grades are assigned according to the percentage of total points earned out of total points possible using the following scale:

90-100%

4.0

85-89

3.5

80-84

3.0

75-79

2.5

70-74

2.0

65-69

1.5

60-64

1.0

50-59

0.5

You can figure your grade at any time by dividing your current points by the total possible at the time. Figure the percentage and find your grade on the scale.

Schedule

Assignment 1

due May 23

Discussion closes midnight May 23

Assignment 2

due May 30

Discussion closes midnight Jun 2

Assignment 3

due Jun 5

Discussion closes midnight Jun 9

Assignment 4

due Jun 11

Discussion closes midnight Jun 13

Assignment 5

due Jun 17

Discussion closes midnight Jun 19

Assignment 6

due Jun 23

Discussion closes midnight Jun 25

Assignment 7

due Jun 30

Discussion closes midnight Jul 2

Assignment 8

due Jul 7

Discussion closes midnight Jul 9

Assignment 9

due Jul 14

Discussion closes midnight Jul 16

Assignment 10

due Jul 18

Discussion closes midnight Jul 21

Assignment 11

Due Jul 24

Discussion closes midnight Jul 28

Assignment 12

due Jul 30

Discussion closes midnight Aug 1

Assignment 13

due Aug 5

Discussion closes midnight Aug 7

Assignment 14

due Aug 11

Discussion closes midnight Aug 12