Austin Community College
Department of Economics
ECON 2302
Principles of Macroeconomics
Name: Shirin Murrassa-I-Khuda
Course Name: Principles of Microeconomics
Course Number: ECON 2302
Section Number: 009, Synonym: 40222
Class Hours: MW 10:35-11:50 am
Class
Room: 2213, Bldg 2000, CYP 5
Office
Hours: MW 12:00-12:30 pm
Office: Room 1104, Adjunct
Faculty Offices, Bldg 2000/1000, Austin Community College, Cypress Creek, 1555 Cypress Creek Rd, Cedar Park,
Texas, 78613.
Special
office hours: Only by
appointment at Room 1104, Adjunct
Faculty Offices, Bldg 1000, Austin Community College, Cypress Creek, 1555
Cypress Creek Rd, Cedar Park, Texas, 78613.
Office
Phone: 223-1790 Ext 26443. Please call 223-8132, leave a message with Rachel and
she will contact me if you need to leave me an urgent message.
Email: smurrass@austincc.edu. Email is the
best way to reach me.
Website: http://www.austincc.edu/smurrass/
Blackboard:
Go to http://www.austincc.edu/ and click on
blackboard option on the left of the screen to login to blackboard. Username is first letter of your first name and your
ACCeID after that. Password and ACC email is listed in the registration
documents for this class. Check http://www.austincc.edu/acceid/faq.php
for ACCeID and Password
related questions. If you
need additional help with login to Blackboard call help desk at 223-4357 during regular office
hours. At any point in time, if you have problem in accessing blackboard
contact help desk and get it fixed. If it does not please bring it to my
attention in class or email me about the issue.
Course
Description:
Principles of
Microeconomics deals with the interactions between individual households and
business firms. The concepts of supply and demand will be studied in this
course; students will learn what these concepts mean, how they operate, and how
prices are determined. Market structure, market failure and income distribution
will also be considered.
This
class will help you to develop and improve your analytical, problem solving
skills and team work.
Textbook:
Required: Microeconomics, by Roger A. Arnold, 9th Edition (South-Western College Publishing, 2010, 2008). ISBN 0324785496
Study Guide (Optional)
Back Ground Requirements for Students:
Basic Math/Statistics
and Graph skills is a plus for this class.
Course
Rationale:
This course is meant to give students insight into the dynamics of
a market based economy and how through its mechanism scarce resources are
allocated. The theoretical and actual role of the government in this market
system will also be addressed. The knowledge gained in the course will make
students better informed citizens and allow them to follow the debates over
various economic events and policies reported in the news media. This course is
also a foundation course that will prepare students to be successful in upper
division finance, marketing, business administration, economics, government,
and social work courses.
Common
Course Objectives/Student Outcomes as established by the economics department.
Students
who complete this course will be able to understand:
Instructional
Methodology:
The
instructional methodology involves lectures and discussion. I will use Power
Point slides white board and internet for instructions. Please read your
assigned chapter before each class. Reading the assigned chapter prior to the
class will help greatly in understanding, grasping the concepts/issues well and
will also help in solving problems both in and out of the class room for the
course. Class participation is highly encouraged. Please ask question(s) in class
where you need help to understand better. If you have questions outside of
class and office hours, please email me with your problem. I will schedule a
time to meet with you at Cypress Creek Adjunct Faculty Offices, Room 1104.
Student Requirements:
Calculator,
Textbook, Pen, Pencil, Eraser for In Class assignments, Quizzes and Exams.
Students are required to submit homework in a separate handwritten/typed sheet.
Homework should be submitted on the dates assigned in the class schedule. You
are responsible to collect your homework assignments from blackboard. If you
cannot access it please email me at: smurrass@austincc.edu.
Don’t miss submitting homework(s), in class(es), quiz(zes), exam(s), as there
is no makeup. You are responsible for turning your In class, Homework, Exam to
me. You will sign in a “sign in sheet” for each in my class list when you turn
in these things to me in class.
Course
Evaluation/Grading System:
There
will be three Exams, 3 Homeworks, 6* or more In Class works depending on class
performance during the semester. There
will be no makeup homework, in class work, or exams. Only under special
circumstances makeup exams can be taken later or earlier than the specified
exam day. Special arrangements have to be made with me depending on the time of
the issue's occurrence. If you are sick and cannot take the exam on the day of
the exam, you would need a “doctor’s note” and “receipt of the visit” as
documentation. I will arrange for a makeup test for you at a later date that
works for you (late exam have to be taken within next two class days of the
previous exam with the exception of the final exam. Final exams can only be
taken earlier. No late finals accepted). However, the questions on the exam
might be different than one taken on the exam day by other students. If you
want to take the exam earlier then contact me and tell me the reason and
document it and I will arrange an earlier exam for you. For early exams, please
let me know at least two weeks before you plan to take the exam so I can
prepare a special exam for you. Every student in the class earns 1%
extra credit point for their overall academic good behaviors during the
semester. Only if they are having behavioral issues I will not assign them
the extra credit 1% with their grades. Every student in the class will earn 1%
extra credit for class participation-(please participate), and will earn 5% for
full class attendance during the semester. Do not miss out this extra
credit points as they help to push up your grades one grade level.
Grading
Points Distribution Tables
|
Grade
on |
Numbers |
Points
Each |
Total
Possible Points |
Average |
Grade
Percentage |
|
Exam |
3 |
100 |
300 |
300/3 =
100 |
75% |
|
Homework |
3 |
25 |
75 |
75/3 =25 |
10% |
|
In
Class work |
6 |
10 |
30 |
60/6 =10 |
15% |
Exams will be mixture of multiple choice,
True/False and Fill in the Gaps, Questions with short answers, graphs, and math
problems. Exams will take up one full class hour. Exam closed book and notes. Exams
will be based on lectures, textbook, and in class works, homeworks, and other
handouts given in the class.
Homework will be assigned from the textbook’s
“Questions and Problems” and “Working with numbers and graphs” section or on
concepts from the textbook. I will provide the homeworks at blackboard, printed
copy of Homework I will be available in class the first time. The other homeworks
(II and III) will be only available on line on blackboard. If you have problems
accessing it please email me at: smurrass@austincc.edu.
*In class work might be more
depending on our progress and per class need. In class work will be done in
groups of two students. Each group will turn in one in class group work with
the group members name listed at the top.
Absent students will miss in class work.
Grading
System
A 90 - 100
B 80 - 89
C 70 - 79
D 60 - 69
F Below 60
Extra
Credit Points Distribution Tables
|
Grade
on |
Points |
Points
|
Points |
Points |
Points |
Points |
Grade
Percentage |
|
Attendance |
5 for
full attendance |
4 for one
missed class |
3 for
two classes missed |
2 for
three classes missed |
1 for
fourth missed class |
0 for
fifth missed class |
5% |
|
Class
Participation |
1 |
|
Ask
questions, participates in class discussion/in class work |
1% |
|||
|
Overall
Behavior |
1 |
|
No misbehavior for the course
reported during the semester |
1% |
|||
Some Homeworks
and Exams will have extra credit points.
Course
outline/Calendar:
Tentative Class Schedule
|
Date |
Day |
Lecture |
Chapter Titles |
|
8/24/09 |
M |
Syllabus, Course
overview and Background evaluation |
|
|
8/26/09 |
W |
Lecture on Chapter 1 |
Part 1: The Science of
Scarcity “What Economics is
About” |
|
8/31/09 |
M |
Lecture on Chapter 2 |
“Economic Activities:
Producing and Trading” |
|
9/2/09 |
W |
Lecture on Chapter 3 |
“Supply and Demand:
Theory” |
|
9/7/09 |
M |
Labor day holiday (college closed) |
|
|
9/9/09 |
W |
Lecture on Chapter 3 |
“Supply and Demand:
Theory” |
|
9/14/09 |
M |
Lecture on Chapter 5 |
“Elasticity” |
|
9/16/09 |
W |
Lecture on Chapter 5 |
“Elasticity” |
|
9/21/09 |
M |
Lecture on Chapter 6 |
“Consumer Choice:
Maximizing Utility and Behavioral Economics” |
|
9/23/09 |
W |
Lecture on Chapter 6 |
“Consumer Choice:
Maximizing Utility and Behavioral Economics” |
|
9/28/09 |
M |
Review day, Homework I
due, Homework I review |
Review of Chapter
1-3,5,6 and Homework I |
|
9/30/09 |
W |
Exam I |
Chapter 1, 2, 3, 5, 6 |
|
10/5/09 |
M |
Lecture on Chapter 7 |
“Production and Costs” |
|
10/7/09 |
W |
Lecture on Chapter 7,
Chapter 8 |
“Production and Costs”,
“Perfect Competition” |
|
10/12/09 |
M |
Lecture on Chapter 8 |
“Perfect Competition” |
|
10/14/09 |
W |
Lecture on Chapter 8,
Chapter 9 |
“Perfect Competition”,
“Monopoly” |
|
10/19/09 |
M |
Lecture on Chapter 9,
Chapter 10 |
“Monopoly”, “Monopolistic
Competition, Oliogopoly, Game Theory” |
|
10/21/09 |
W |
Lecture on Chapter 10 |
“Monopolistic
Competition, Oliogopoly, Game Theory” |
|
10/26/09 |
M |
Lecture on Chapter 10,
Chapter 11 |
“Monopolistic Competition,
Oliogopoly, Game Theory”, “Government and Production Markets: Antitrust and
Regulation” |
|
10/28/09 |
W |
Lecture on Chapter 11,
Homework II due |
“Government and
Production Markets: Antitrust and Regulation” |
|
11/2/09 |
M |
Review day |
Review of Chapter 7-11
and Homework II |
|
11/4/09 |
W |
Exam II |
Chapter 7, 8, 9, 10,
11 |
|
11/9/09 |
M |
Lecture on Chapter 12 |
“Factor Markets: with
Emphasis on Labor Markets” |
|
11/11/09 |
W |
Lecture on Chapter 12,
Chapter 14 |
“Factor Markets: with
Emphasis on Labor Markets”, “The Distribution of Income and Poverty” |
|
11/16/09 |
M |
Lecture on Chapter 14,
Chapter 15 |
“The Distribution of
Income and Poverty”, “Interest, Rent and Profit” |
|
11/18/09 |
W |
Lecture on Chapter 15 |
“Interest, Rent and
Profit” |
|
11/23/09 |
M |
Lecture on Chapter 15,
Chapter 16 |
“Interest, Rent and
Profit”, “Market Failure: Externalities, Public Goods and Asymmetric
Information” |
|
11/25/09 |
W |
Lecture on Chapter 16 |
“Market Failure:
Externalities, Public Goods and Asymmetric Information” |
|
11/30/09 |
M |
Lecture on Chapter
17/19/21, Homework III due |
“Public Choice:
Economic Theory Applied to Politics”/ “International
Finance”/ “Stocks, Bonds, Futures and Options” |
|
12/2/09 |
W |
Lecture on Chapter
17/19/21, Review day, Homework review |
“Public Choice:
Economic Theory Applied to Politics”/
“International Finance”/ “Stocks, Bonds, Futures and Options” and
Review day of Chapter 12, 14, 15, 16, 17/19/21 |
|
12/7/09 |
M |
Exam III |
Chapter 12, 14, 15,
16, (17/19/21) |
|
12/9/09 |
W |
No Class |
Exam Schedule
EXAM I: September
30, 2009
EXAM II: November
4, 2009
EXAM III: December 7, 2009
Course Policies--
Class
Policy:
No electronic
device allowed in class. No texting, ipod or playing video games or any other
kind of games or watching movies or internet browsing during normal class hour.
Please turn your cell phones on vibration mode and if you need to take the
call, please go outside and take the call. If you are late, try not to disturb
the class when you enter. You will need a calculator to solve class problems;
please do not use the cell phone calculator as I will not allow that in test or
to solve in class problems also.
Teaching
Assistance
If you are
having problems with the class, please see me with your concern before it gets
too late in the semester. You can see me during my regular office hours or
email me. I will meet with you in the Adjunct Faculty Offices of ACC located at
Cypress Creek, Building 1000, Room1104. However, if you are having problems
with other things beyond my control, you need to withdraw from the course
rather than get an undesired grade at the end of the semester.
Academic
Freedom
Everyone is
encouraged to participate in class discussions. Differing viewpoints breathe
enrichment of knowledge and generate new learning experience and may result in
new theories for the future. Please participate in discussions and make the
class lively with your thoughts and ideas.
Attendance
100% class
attendance will earn you 5% of the total grade for the class as extra credit to
push up your grade. If you miss one class you will get 4%, two classes you will
get 3% and three classes you will get 2% and 4 classes you will get 1% and 5
classes you will get 0% as extra credit points. I will do the attendance at the
beginning of the class, if you are late make sure I register your attendance
for that day.
Incomplete
I will not
give you an incomplete grade. So if you are having problems please withdraw
before the withdrawal date yourself. Withdrawl date is November 23, 09.
If any major
incidence happens after the withdrawal date and you cannot continue with the
class, please document the incidence and show me. To get an incomplete, you have to fill out an
incomplete form and give it to me. Without filling the form an incomplete
grades will not be given.
Please
read the following note about withdrawals.
Withdrawals
Students
are responsible for withdrawing themselves from this course. I will assign you the grade you make in the
class including the extra credits, even if it is a "F" grade. Withdrawal
Policy of Fall 2007 states that entering freshman is restricted to six
non-punitive withdrawals for the whole of their undergraduate careers (while
attending state colleges). The last day
to withdraw from this course is November 23, 2009.
Scholastic
Dishonesty
Acts prohibited by the college for which
discipline may be administered include scholastic dishonesty, including but not
limited to cheating on exam or quiz, plagiarizing, unauthorized collaboration
with another in preparing outside work. Academic work submitted by students
shall be the result of their thought, research or self-expression. Academic
work is defined as, but not limited to tests, quizzes, whether taken
electronically or on paper; projects, either individual or group; classroom
presentations, and homework.
Students
with disabilities
Each ACC campus offers support services for students with documented
physical or psychological disabilities. Students with disabilities must request
reasonable accommodations through the Office for Students with Disabilities on
the campus where they expect to take the majority of their classes. Students
are encouraged to do this three weeks before the start of the semester.
Class
Handouts
I will provide you all with copies of chapter lectures at the beginning of
each chapter lectures. In Class work and
Exams will be distributed in class.
Grades
Your class grades for homework, In class and exams will be available at
blackboard. I will assign you a letter grade for the class at the end of the
semester. Your letter grades will be posted in blackboard after completion of
the classes. If you need to check your grades earlier, please check with me in
class or send me an email.