Principles of Microeconomics

ECON 2302 PCM--Open Campus Syllabus

2nd 6 Week Session

July 7 - August 14

SUMMER 2017


PCM-Internet based Distance Learning Section
synonym 25634, section 024

NOTE: This syllabus may undergo minor changes up to the first day of the semester. The syllabus as it stands on the first day of the semester will be the final arbiter of all questions about the course, its assignments, its due dates, and its grading methodology. Small changes to the syllabus as it now stands might be made before the first of the semester. If you download this syllabus a substantial time before the beginning of the semester, I encourage you to check back to see if there have been any changes, such as deadline changes or grading changes, the first few days of class.

Instructor:

JAMES SONDGEROTH

Course Description

Office Hours

Textbooks

 Messages

Chapter Assignments

Blackboard 
Learning Objectives

MyEconLab

Deadlines

MyEconLab Homework & Quizzes
Mandatory Orientation

Extra Credit Points Type 1

Testing Information

Extra Credit Points Type 2

Final Exam

 Extra Credit Points Type 3

Testing Centers

Recommended Study Method

Grading

How to Read Effectively

Incompletes

Departmental Requirements

Withdrawals

Scholastic Dishonesty

Academic Freedom Brainfuse: free on-line tutoring click on Business
Students with Disabilities ACC Safety Statement & ACC email
Deadlines for all MyEconlab Assignments and all Exams


Office Hours: How: July 7 - August 16
in person Wednesday 9 a.m. - 5:00 p.m.
asynchronous: Email and Discussion Board at any time, I will respond within 24 hours.
by phone: Call my office number M, T, W, or Th, leave a message, and I will return your call within 24 hours.

Office:

Pinnacle Campus/7748 Highway 290 West

Rm. 1028

RGC Phone: 512-223-8135

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Messages: Please feel free to leave messages on Mr. Sondgeroth's voice mail at 223-8135. He will return the calls as soon as he is in the office again.

E-mail: accmicropcm2@gmail.com

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Mandatory Orientation:

Orientation for this course is done by taking a quiz over the course's syllabus. The document you are reading right now.

This Orientation Quiz must be taken and submitted before you can take any of the exams. The quiz consists of 20 questions. Students must get at least 15 of the 20 correct in order to gain access to the fist exam in the course.

The topics the 20 questions cover can be found here: http://www.austincc.edu/sondg/OnLineOrientation/orientintro.html.

The Orientation Quiz itself can be found on your course's ACC Blackboard site at http://acconline.austincc.edu which will not be available to students until around May 22.

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Blackboard:  

Blackboard is an on-line classroom management tool. It includes a gradebook, an announcements page, and a facility for administering on-line tests and quizzes.

Course Announcements will be posted to Blackboard; midterm exams will be administered through Blackboard; and your course grades can be accessed through Blackboard. In addition to the email address given above, communication will be done through the Discussion Board that is part of the course's Blackboard site.

Blackboard's URL is http://acconline.austincc.edu. This is the URL for ACC's Blackboard site. Do not go to blackboard.com, the company's own site.

DON’T HAVE A USERNAME AND PASSWORD YET?

If you already have an ACC Username and Password, please go directly to the ACC Blackboard site.

If you do not have an ACC Username and Password, you can create a username and password through the ACCeID Manager at this site: https://acceid.austincc.edu/idm/user/login.jsp.

If you don't have a username, do not fill in your new Username and Password on this page, since you do not actually have either yet. DO CLICK on “First-Time Login.”

Your ACCeID will be the first letter of your legal, given, first name and your seven digit ACC ID number. For example, fictional student Adam Smith might have this Username a1776701.

Once you submit this Username, just follow the instructions.

The first day students can access Blackboard is typically about a week before the start of the semester.

Helpful Hint: Once you are logged into ACC's Blackboard site, the easiest way to navigate the this course's Blackboard content is by first clicking on the "Courses" tab in the upper left hand corner of the first Blackboard page that comes up. Then click on the name of the course: 217U-25634-ECON-2302-024-Principles of Microeconomics. You are then taken to the course's main Blackboard page. It is much easier to find the "Tools" button, the "Assignments" button, and the "Exams" button, where the links to the on-line exams can be found, by doing this than if you try to navigate from the very first page that comes up when you log onto Blackboard

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Course Description:

The purpose of this course is to familiarize you with the generally accepted principles of microeconomics. Microeconomics deals with the interactions between and among households and business firms; it deals with the process by which we make our living under conditions of free market capitalism. In studying this process, the concepts of supply and demand are introduced. You will learn what these concepts mean, how they operate, how prices are determined, and how scarce resources are allocated.

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Departmental Course Description, Rationale, Common Course Objectives/Student Outcomes, and Departmental Quiz 

  1. Course Description- Principles of Microeconomics deals with the interactions between individual households and business firms. The concepts of supply and demand will be studied; 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.
  2. 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.
  3. Common Course Objectives/Student Outcomes as established by the economics department. 

    Students who complete this course will be able to understand:

    • the basic concepts of scarcity and opportunity cost;
    • the forces of demand and supply and how they interact to determine an equilibrium price;
    • how and why equilibrium prices might change and their impact on resource allocation;
    • the theory of consumer behavior;
    • the theory of the firm;
    • the theoretical market structures of perfect competition and monopoly.
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Instructional Resources:

Required #1:


Economics Today: The Micro View plus MyEconLab plus eBook 1-semester Student Access Kit, 18/E, by Roger LeRoy Miller (Pearson/Prentice Hall, 2015). There are several alternatives/formats available. See additional discussion about how to buy and to use this book below by clicking HERE.

Be careful. The cover of Economics Today: The Micro View is almost identical to the cover of Economics Today: The Macro View.

 
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Learning Objectives:

The examinations in this course are based on learning objectives composed by the instructor that you can find by clicking HERE. Read these objectives carefully before you read the corresponding chapter in the textbook and do the activities, Study Plan, Homework, and Quiz on MyEconLab. The learning objectives are correlated exactly with the questions on the exams and are more detailed than the ones that can be found under "objectives" in the textbook's web site. 

In general, after studying each chapter, you should be able to:

  1. List what topics the questions on the exams will cover. (See Learning Objectives)
  2. Define all the key terms introduced in the chapter and review the "what you should know" section at the end of the chapter.
  3. Answer questions in the Sample Tests in MyEconLab.
  4. Successfully complete the Homework Assignment over the chapter in MyEconLab.
  5. Take the Quiz over the chapter assigned in MyEconLab by your instructor.

The learning objectives are there to help you focus your mind on the important concepts and theories discussed in the unit. The exams will test your knowledge of and ability to apply these learning objectives. Knowing this will help you efficiently allocate your mental energies.

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Economics Today: The Micro View plus MyEconLab plus eBook 1-semester Student Access Kit, 18/E:

This is a traditional introduction to microeconomics college textbook. If you buy this text new, an access kit granting students access to the on-line homework site, MyEconLab, and the associated eBook has been added.

Some version of the textbook, new, used, or eBook, is required. So is access to the course's MyEconLab site.

You can buy the eBook and MyEconLab together as a package without the hardcopy of the textbook if you so desire. Instructions on how to do so can be found below.

You can buy used copies of this text also. In fact, I see no reason why you couldn't use the 17th edition if you can find it. (Hint: Search engines). However, you need to be careful here, because in all probability you will not receive a access kit that has not been used, even if you buy a used 18th edition. So, if you do buy used, you will most likely still need to buy access to MyEconLab. Instructions on how to do this can also be found below. In addition, you will need to check your table of contents and chapter titles against those found in the 17th edition; check course's ACC Blackboard site for this. 

WHERE TO PURCHASE:

  1. ACC Bookstores have the following textbook for sale:  Economics Today: The Micro View plus MyEconLab plus eBook 1-semester Student Access Kit, 18/E, by Roger LeRoy Miller (Pearson/Prentice Hall, 2015). This package will contain a hard copy of the text and an Access Code for MyEconLab and the eBook.

    I estimate the selling price will be $250 with an access kit for MyEconLab and the eBook or around $170 for the loose leaf edition with an access code.

    If the ACC bookstore at the campus nearest you does not carry this text, it can have it sent over from the main ACC bookstore. The main ACC Bookstore is located at 812 W. 12th Street. This is near the Rio Grande Campus. Its telephone number is (512) 480-0815. You can order the text on-line through the ACC Bookstore by visiting http://austincc.bkstore.com.

    This textbook can be purchased on-line also. For example, recently Amazon had a new copy without the access code for MyEconLab for sale from $239 and used copies starting at $140 without the access code. Of course if you find a used book does not have an access code for MyEconLab, the access code will have to be purchased separately for $60. If you do buy your copy on-line, be sure to do so at least two weeks in advance of the start of the semester. Students in previous semesters have told me that their on-line orders are very slow to arrive.

  2. If you wouldn't mind using just the eBook (no hard copy), you can buy access to the eBook when you sign up on-line for MyEconLab.  The eBook plus MyEconLab costs $105. The eBook will contain exactly the same material as the hardcopy of the textbook available in the bookstore. You can also purchase MyEconLab with a direct from the publisher loose leaf, 3-hole punched hard copy for $115, or you can purchase access to MyEconLab as a stand alone product for $60. (Here is a link summarizing your choices: http://www.austincc.edu/sondg/texts/miller18splitswithMEL.doc.)

  3. Here are the directions for signing up for MyEconLab: How to Register and Enroll in Your MyEconLab Course.

    Your Pearson MyLab and Mastering course is delivered inside Blackboard at Austin Community College. The first time you access the MyEconLab course, you need to enter the Blackboard course and then click the "MyEconLab" link in the left navigation column of the course to access Pearson MyLab. Once you have done this you will be able to create an account and register for the course. After you have registered for the MyEconLab course linked to this course's Blackboard site, you will only need to sign in to Blackboard; you will not need to sign in to Pearson again.

    Course ID #: NOT AVAILABLE, because students can only register inside of the course's ACC Blackboard site, so this course ID will not be needed.
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MyEconLab--Student Features:

Students benefit when they start an exam confident and prepared. MyEconLab is the only online assessment system that gives students the tools they need to learn from their mistakes right at the moment they are struggling.

  1. Personalized Study Plan

    A Study Plan is generated from each student's results on answering Study Plan questions, by taking the Sample Tests, and by completing the instructor's assignments. Students can clearly see which topics they have mastered-and, more importantly, which they need to work on. The Study Plan links to additional practice problems and tutorial exercises to help on those topics. (When you click on the "Study Plan" link in the left control column, it only opens up to a tutorial on how to use MyEconLab. Look for the link "View all chapters" to find access to all the Study Plan questions.)

  2. Unlimited Practice

    Many Study Plan and instructor-assigned exercises contain algorithmically generated values, ensuring students get as much practice as they need. Every problem links students to learning resources that further reinforce concepts they need to master. The Study Plan questions can be taken over and over again; the instructor assigned Homework Assignment can be retaken as many times as a student wants right up to the deadline for taking it (and after it for a small deduction in points). The Chapter Quizzes can be taken three times before the deadline. The highest score is used for grading the Chapter Quizzes.

  3. Learning Resources

    In the upper right corner of each practice problem is a drop down window, Question Help, that contains a link to the eText page discussing the very concept being applied. Students also have access to guided solutions ("Help Me Solve This"), animated graphs, audio narratives, and flashcards on many of the problems. MyEconLab has a suite of graphing tools for practice and current news articles that tie chapter topics to everyday issues.

  4. Test and Other Assignments

    MyEconLab comes with two pre-loaded Sample Tests for each chapter so students can self-assess their understanding of the material. Instructors can assign these Sample Tests or create assignments using a mix of publisher-supplied content and their own custom exercises.

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Recommended Study Method:

As a student you should:

  1. Spend as much time studying for this non-traditional course as you would have spent if you had registered for this course in its traditional lecture format - going to lectures and doing homework. This translates into about 12 hours a week for this 16 week course; 16 hours a week for a 12 week course; 17.5 hours a week for an 11 week course; and 32 hours a week for a 5.5 week course.
  2. Not procrastinate, and you should not cram for exams. Set up a regular study schedule for this course and stick to it!
  3. Read the learning objectives supplied by the instructor. The learning objectives listed in the textbook at the beginning of each online chapter are more general than those composed by the instructor. The instructor's learning objectives will be correlated to the examination questions.
  4. Study the assigned textbook material. This includes the "Issues and Applications" sections found at the end of most chapters.
  5. Complete the Study Plan and relevant Sample Test over the chapter you are studying. Re-study the material you were weak on.
  6. Go to the Study Plan again and take the second Sample Test for the chapter. Once again re-study the material you are still weak on.
  7. Do all of the Homework for the chapter you are studying. This Homework is graded but can be taken over and over again until you get it right.
  8. Take the relevant Quiz for that chapter after you feel comfortable with the material the chapter covers.
  9. Take the four midterm exams and the final by their assigned deadline dates.
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Reading

Reading the textbook thoroughly is the key to doing well in this Distance Learning course. Distance Learning courses have no lectures to help you understand the material being covered. You must rely almost completely on the textbook to help you understand the material. This is why reading, and re-reading the text is so essential.

I recommend that you take these steps in reading each chapter.

Step One: Skim the chapter. Spend three to five seconds looking over each page of the chapter.

Step Two: Quickly read over the chapter again reading only the title of the chapter, the learning objectives, all the headings and sub-headings in the chapter, all the words in bold print, and all the words in the left column of each page in the chapter.

Step Three: Read the introduction of the chapter, the first paragraph of each section or subsection in the chapter and the first sentence of all of the other paragraphs in the section or subsection. Finally read the summary of the chapter.

Step Four: Without referring back to the chapter make a list of all the important concepts, terms, ideas, theories, and laws that you can remember.

Step Five:  Read the introduction, the learning objectives, and the summary of the chapter in the "What You Should Know" section at the end of the chapter.

Step Six: Revise and improve your list and then use it to make the outline/map of the chapter.

Step Seven: Answer the "Study Plan" questions related to the chapter in MyEconLab so that you will know which parts of the chapter you have a weak understanding of.

Step Eight: Read the chapter in the text completely and thoroughly, especially those sections that the MyEconLab diagnosis states you have a weak understanding of.

Step Nine: Revise and improve your outline/map once again. This time add the key terms to the appropriate places in your outline/map if they had not been included before this time.

Step Ten: Answer the guided (and graded) Homework Assignments for the chapter in MyEconLab.

Step Eleven: Revise your outline/map one more time.

Step Twelve: Read over the chapter again.

Step Thirteen: Take the graded quiz for the chapter that the instructor has assigned in MyEconLab.

Step Fourteen: Review your outline/map every four or five days until the exam and then use it to prepare for the exam.

If you read your textbook in this structured and disciplined way, you will learn much more than if you approach your reading task in an unorganized manner, and you will do much better on the exams than you would otherwise do.

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CHAPTER ASSIGNMENTS/TESTING***

UNIT I

Economics Today: The Micro View

Chapter 1: The Nature of Economics and Appendix 1

Chapter 2: Scarcity and the World of Trade-Offs

Chapter 3: Demand and Supply

Chapter 4: Extensions of Demand and Supply Analysis

Test over UNIT I due by July 17 for extra credit points. 
Learning Objectives for Exam 1

UNIT II

Economics Today: The Micro View

Chapter 5: Public Spending and Public Choice
(skip Chapter 6)

Chapter 19: Demand and Supply Elasticity

Chapter 20: Consumer Choice

Chapter 21: Rents, Profits, and the Financial Environment of Business

Test over UNIT II due by July 25 for extra credit points.
Learning Objectives for Exam 2

UNIT III

Economics Today: The Micro View

Chapter 22: The Firm: Cost and Output Determination

Chapter 23: Perfect Competition

Chapter 24: Monopoly

Chapter 25: Monopolistic Competition

Test over UNIT III due by August 2 for extra credit points.
Learning Objectives for Exam 3

UNIT IV

Economics Today: The Micro View

Chapter 26: Oligopoly and Strategic Behavior
(Skip Chapter 27)

Chapter 28: The Labor Market: Demand, Supply, and Outsourcing
(Skip Chapters 29,30, and 31)

Chapter 32: Comparative Advantage and the Open Economy

Chapter 33: Exchange Rates and the Balance of Payments

Test over UNIT IV due by August 10 for extra credit points.
Learning Objectives for Exam 4

 

 FINAL EXAM due by August 14 for extra credit points.

August 14 is the last day of the 2nd 5.5 week summer session.
Check on Testing Center hours of operation HERE.

All midterm exams will be available on Blackboard for re-testing purposes through August 14.
There is no re-test for the final exam.

Important Note: If you take these tests on time you will receive extra credit points that will improve your grade. See "Extra Credit Points" under "Grading" for details. The total value of these extra credit points is equal to 2.75% of the course grade. You can earn additional extra credit points by doing more than the required Homework & Quizzes on MyEconLab. Details about all extra credit points available can be found under "Extra Credit Points."

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 Testing:

All exams, including the final exam, will be objective, multiple-choice question exams.

Exams are based on the learning objectives students are expected to master. For more information on learning objectives, please see the section on "Learning Objectives" in this syllabus. Furthermore the exam questions will be drawn exclusively from the textbook, Economics Today: The Micro View.

The exams over each Unit assigned will include ten questions over each chapter assigned for each Unit -- forty questions in all. The questions will appear on the exams in the order in which the chapters were assigned for the Unit. For example, on the first exam the first ten questions will cover Chapter 1, the next ten will cover Chapter 2, the third group of ten will cover Chapter 3, and the last group of ten will cover Chapter 4. Indeed the questions will be numbered in exactly the same way as the learning objectives  the questions are associated with are numbered. 

The midterm/unit exams will be administered over the internet through the courses Blackboard site. 

There will be ten learning objectives listed for each chapter. Each learning objective will have 10 or more questions connected to it by the testing program used in this course. That program will randomly choose one question from each group of ten for the exam. For example, if an exam is 40 questions long like the exams for this course, then there will be 10 ways to select the first question, ten ways to select the second question, and so on to the fortieth question. The number of different exams this program can generate for one midterm exam is 1040. One billion is 1 followed by 9 zeros (109). 1040 is 1 followed by 40 zeros.

The online unit/midterm exams will also be timed. You will have 60 minutes to answer 40 questions.

In addition, the exams will be administered on the Blackboard internet course platform used by ACC, so students will need to sign on to Blackboard in order to take the exams. 

Students will be allowed up to three attempts at each online exam. Students do not have to take it three times though. If a student is satisfied with his score after the first try, he can stop there. If a second or third try is made, the last attempt will completely overwrite (erase) previous efforts.  

So be careful, you can do worse on these re-tests. If you re-test, you will receive the grade you made on your last attempt.

The results of the last re-test will be used in determining your grade. This means there is some risk in re-taking an exam, since you could do worse. This risk is intentional. I put it there hoping that it would give you some incentive to re-study the material if you decide to re-take an exam. Of course, you could do much better on the re-test. If you do I will use that result to calculate your end of the semester grade.

Students will be allowed three attempts on each on-line, mid-term exam--the initial attempt and two re-tests. Blackboard 8 allows these exams to be re-set without the permission of or action by your instructor. If you want to take a re-test, just go to Assignments and the folder that contains the exam you want to re-test. Click on the link for that exam, and a message window will pop up asking you if you really want to re-test. If you indicate that you do want to re-test, then the old grade will be removed and you will be allowed to re-test. You score on the re-test will completely replace your old score on the exam. (To be clear, your old grade will be replaced by the new re-test grade. But you can still review the previous attempts by clicking on the most recent grade in "My Grades." A list of your attempts on the exam will be shown on screen. Click on the one you want to review.)

YOU SHOULD TAKE THE EXAMS NO LATER THAN THE LISTED DATE.

For all deadlines click here.  

However, all mid-term exams will be available on Blackboard until August 14 at midnight.
The Final Exam will be available in ACC Testing Centers that are open on August 14 until an hour before they close. There is no re-testing on the final.

Contact the instructor if you are unable to take any of the exams by the listed date.

Contact the instructor if you have fallen behind schedule so that you can put together a plan to catch up.



Final Exam:

The Final Exam must be taken in a Testing Center.
(The testing center does not have to be an ACC Testing Center if taken outside the central Texas area. Please see the information at this link, Distant Testing Procedures: Student Responsibilities.)

Students must take the final exam to receive a passing grade in this course.

You MUST show your student ID and a photo ID in order to take an exam at a Testing Center.

The Final Exam can be taken at the Testing Centers on the Northridge, Rio Grande, Riverside, South Austin, Pinnacle, Eastview, Round Rock, Hays, Elgin, or Cypress Creek Campuses. The Final Exam will be graded by the Testing Center personnel while students wait for the results.  

The final exam will be comprehensive. Two or three questions will be drawn from each chapter covered during the semester. The questions will be arranged in the order the chapters were assigned. Questions over Chapter 1 will be the first ones encountered and questions over Chapter 34 will be the last ones encountered. You will find no questions over Chapters 7 through 18, which are covered in the Principles of Macroeconomics course, and Chapters 6, 27, 29, 30, and 31, which are skipped in this course.

Students will be allowed to bring with them one 8.5x11 inch piece of paper with notes written on it on both sides. This crib sheet must be hand written -- not typed, and it must not be a photocopy. This crib sheet must also be turned in with your answer sheet. You must use a crib sheet even if it has nothing on it except a note saying you didn't prepare a crib sheet with your signature. 

Please make a photocopy of your crib sheet if you want to save it. The original will be taken up with the final exam in the Testing Center and will not be returned to you.

More information about the final can be found on this course's Blackboard site.

There is no re-testing on the final exam, though there is a Practice Final available on Blackboard.

This Practice Final is a copy of the actual final you will be taking in a Testing Center in the sense that it draws examination questions from the same test pools. It is not an exact copy because it will most likely draw a different question from each pool. Nevertheless, it will give you an excellent sense of what the final exam will be like when you take it in the Testing Center. As such, it should help you understand how much you will need to prepare for the actual final exam.

Finally there are several important pieces of information that students need to keep in mind when preparing for the final exam.
1) If a student makes an F on the final, (that is, makes less than 55% or 880 points out of 1600 on the final exam), then the student can make no higher than a C in the course.
In other words, a student cannot make an A or a B in the course if he makes an F on the final.
2) If a student makes a D on the final, (that is, makes at least 55% but less than 65% on the final exam), then the student can make no higher than a B in the course.
In other words, a student cannot make an A in the course if he makes an D on the final.
3) If a student makes a 94% (1504 points) or above on the final exam, the student will earn an A in the course regardless of his total points.

The first two items are why a Practice Final is being provided to students in this course. It is hoped that this Practice Final will help students better prepare for the final and take away some of the anxiety that students normally feel when approaching a final exam.

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MyEconLab Homework Assignments and Quizzes:

MyEconLab.com is the online study guide which accompanies our Miller text. 24% of your grade, 960 points, will come from MyEconLab Homework and Quizzes. MyEconLab is required, not optional.

MyEconLab has three types of assignments:

  1. Study Plan: These are ungraded practice questions. You will be given 3 tries, then the system will tell you the correct answer. When you finish, the system will tell you which sections of the chapter you need to focus your study time on.

    Each question will have a panel of Learning Aids to the left of the window. These Learning Aids include

    1. Help Me Solve This - Guided Solutions take you step by step to the correct answer. These are only available on about half the problems.
    2. eText takes you to the page of the text where the information covered by the question is presented even if you did not purchase access to the eBook.
    3. Graphing - allows you to draw a graph of the question to help find an answer
    4. Ask My Instructor - emails the question to me, so I can help you with it


  2. Homework: These are graded question sets, set up like the Study Plan sets. Each chapter will have 20 homework questions that are worth 1 point each for a total of 20 points.
    Since there are 16 Chapter Homework Assignments worth 20 points each, all the Homework Assignments add up to a total of 320 points, or 8% of the course grade.
    Learning Aids are available on Homework assignments, and students will be able to take these assignments over and over again until they get them right. Chapter Homework problems are available after the deadline for completing them passes at a 0.2 point penalty per day the Homework is completed after the deadline passes..


  3. Quizzes: These are graded assignment sets worth about twice as much as the Homework sets. Each chapter will have 20 quiz questions that are worth 40 points.
    Since there are 16 Chapter Quizzes worth 40 points each, all the Chapter Quizzes add up to a total of 640 points, or 16% of the course grade.
    No Learning Aids are available on quizzes while you are working on them, but you will be able to review the graded questions after the deadline with the help of the Learning Aids.
    You will be allowed three attempts on the quizzes just as you are on the on-line, mid-term exams. However, unlike the on-line, mid-term exams, you will not be able to re-test these quizzes after their assignment deadlines.
    You will have 60 minutes to complete a quiz.

The Results page will give you your scores on each assignment, as well as your overall average.
Chapter Quizzes and Chapter Homework Assignments will have due dates.
You will not be able to do the assignments for credit after their deadlines have passed.

Deadlines for Homework Assignments and Quizzes on MyEconLab can be found here: http://www.austincc.edu/sondg/homework/micro/2016-2017/2nd6wSummerMEL.htm

Note: For grading purposes, I will award up to 20 points for each homework assignment and up to 40 points for each quiz. The first Homework Assignment, Getting Started with MyEconLab, is different than the other 16 Chapter Homework Assignments in two respects. First, it is worth up to 40 points whereas the other Homework Assignments are worth only 20 points. Second, it only has 10 questions on it.

The 16 other Homework assignments are worth a total of 320 points (20*16) or 8% of the 4000 point grading scale.

The 16 Chapter Quizzes are worth a total of 640 points (40*16) or 16% of the 4000 point grading scale.

Adding the points available on the Chapter Homework Assignments and on the Chapter Quizzes would give a grand total of 960 points. (320 + 640 = 960) or 24% of the 4000 point grading scale.

In conclusion, the points you earn on MyEconLab will exactly equal the points I record for students on the "My Grades" page of the course's ACC Blackboard site.

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Grading:

Grading is based on the points available on the exams and the required MyEconLab Homework & Quizzes. There are four required Unit exams and a required final exam. Each midterm exam will consist of 40 questions. Each question on the Unit exams (midterms) is worth 9points. The final exam will consist of 50 questions. Each question on the final exam is worth 32 points.

  Exam 1 = (40) X (9) =   360
  Exam 2 = (40) X (9) =   360
  Exam 3 = (40) X (9) =   360
  Exam 4 = (40) X (9) =   360
  MyEconLab Homework = =   320
MyEconLab Quizzes = =   640
  Final Exam = (50) X (32) = 1600
Total Possible Points 4000

 

Number of Points needed for Final Letter Grade

 

4000-3600

(100-90%)

A

 

3599-3200

(89.9-80%)

B

 

3199-2600

(79.9-65%)

C

 

2599-2200

(64.9-55%)

D

 

2199-0

(54.9-0%)

F

There are three exceptions to the distribution of grades given above. They are:
1) If a student makes an F on the final, (that is, makes less than 55% or 880 points out of 1600 on the final exam), then the student can make no higher than a C in the course.
In other words, a student cannot make an A or a B in the course if he makes an F on the final.
2) If a student makes a D on the final, (that is, makes at least 55% but less than 65% on the final exam), then the student can make no higher than a B in the course.
In other words, a student cannot make an A in the course if he makes an D on the final.
3) If a student makes a 94% (1504 points) or above on the final exam, the student will earn an A in the course regardless of his total points.

The first two exceptions are why a Practice Final is being provided to students in this course. It is hoped that this Practice Final will help students better prepare for the final and take away some of the anxiety that students normally feel when approaching a final exam.

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Extra Credit Points:

There are three ways to for students to improve their grades by earning extra credit points. The total number of extra credit points possible is equal to 7% or 280 of the 4000 points available on exams and required MyEconLab Homework & Quizzes alone.


Extra Credit Type 1: Take the tests on time:

You can earn extra credit points by taking your exams on or before the initial testing deadlines.

You will earn 15 points for each Unit exam taken on or before its deadline. You will not lose these extra credit points if you take the re-test for unit as long as you met the deadline the first time you took the exam. In other words, you can re-test after the deadline without losing the extra credit points you earned by taking the initial exam on or berfore the deadline.

If you take the Final on or before its deadline, you will earn 50 extra credit points.

The total number of extra credit points you can earn by taking the exams on time is 110. This is equivalent to 2.75% of the total points available (4000) from the tests and required homework.


Extra Credit Type 2: Taking MyEconLab Tests on the unassigned chapters of the textbook.:

Chapters 6, 27, 29, 30, and 31 are not assigned and will not be covered on any mid-term exam on Blackboard or on the Final Exam.
However small tests over these chapters will be made available on MyEconLab. Each of these tests will be worth 30 points.
If students are looking for another way to improve their grade, then they are encouraged to read these chapters and take these tests.
Students must make 65% or better to earn any points on these tests. This policy is meant to discourage students from taking these tests without reading the chapters.
For example, if a student makes an 80% on one of these extra credit chapter tests on MEL, then he will receive 24 extra credit points: 80%*30=24. If a student makes a 64% on one, then he will earn no extra credit points.
There will be a total of 150 extra credit points available from these tests. 150 points is 3.75% of 4000 points.
The deadline for completing these extra credit tests is August 14.

 


Extra Credit Type 3: Completing the Mandatory Orientation Quiz:

The Orientation Quiz is found on the course's ACC Blackboard site. Even though it is mandatory, you earn extra credit by taking it and submitting it. There are twenty questions on this quiz asking for your contact information (three questions) and about the course's syllabus. Information about topics this quiz will ask about can be found at http://www.austincc.edu/sondg/OnLineOrientation/orientintro.html.

There are 20 extra credit points available for taking this Orientation Quiz. 20 points is 0.5% of 4000 points.

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Incompletes:

Incompletes are discouraged. They will be given only when extraordinary events intervene so as to make completion of the course impossible. If you want an incomplete, these events must be documented. To receive an incomplete the student must have completed two exams with a grade of C or better. The student must also come by my office to fill out an incomplete grade form. If the form is not filled out, an incomplete grade will not be given.

Incompletes will not be given to students who are behind schedule when the semester nears its end. Nor will incompletes be given to students who need just a few more points to make the next higher letter grade. Plenty of opportunity exists during the semester to accomplish your goals.

If you find yourself way behind or many points short toward the end of the semester, you may withdraw without a grade penalty up to three weeks before the end of the semester. Please read the following note about withdrawals.

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 Withdrawals:

Students are responsible for withdrawing themselves from this course if that is what their personal situation requires. This means that if you have taken only two of the tests and the semester ends without your having withdrawn yourself, then you will receive an F in the course. The instructor makes no promise either implicit or explicit to withdraw students from the course. The instructor does reserve the right to withdraw students who have fallen behind on taking the exams and completing the MyEconLab assignments.

In addition, students should be aware of a change in the law regarding Withdrawals passed by the Texas Legislature in the spring of 2007. Starting in the Fall of 2007, entering freshman will be 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 without penalty is Monday, August 7.

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Deadlines


For Principles of Microeconomics PCM

EXAM

Unit Covered

Chapters Covered

Exam Deadline for Extra Credit Points

Location of Exam

1

I

1, 2, 3, 4

July 17

Blackboard

2

II

5, 19, 20, 21 (skip 6)

July 25

Blackboard

3

III

22, 23, 24, 25

August 2

Blackboard

4

IV

26, 28, 32, 33 (skip 27, 29, 30, and 31)

August 10

Blackboard

Final

ALL

1-5, 19-26, 28, 32, and 33

August 14

Testing Center

Learning Objectives for Exams

FINAL EXAM due by August 14 for extra credit points.

August 14 is the last day of the 2nd 5.5 week summer session.
Check on Testing Center hours of operation HERE.

All midterm exams will be available on Blackboard for re-testing purposes through August 14.
There is no re-test for the final exam.



Deadlines for Homework Assignments and Quizzes on MyEconLab can be found here: http://www.austincc.edu/sondg/homework/micro/2016-2017/2nd6wSummerMEL.htm

Note: For grading purposes, I will award up to 20 points for each homework assignment and up to 40 points for each quiz.

The 16 other Homework assignments are worth a total of 320 points (20*16) or 8% of the course grade.

The 16 Chapter Quizzes are worth a total of 640 points (40*16) or 16% of the course grade.

Adding the points available on the Chapter Homework Assignments and on the Chapter Quizzes would give a grand total of 960 points. (320 + 640 = 960) or 24% of the course grade.

In conclusion, the points you earn on MyEconLab will exactly equal the points I record for students on the "My Grades" page of the course's ACC Blackboard site.

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Scholastic dishonesty: Acts prohibited by the college for which discipline may be administered include scholastic dishonesty, including but not limited to cheating on an exam or quiz, plagiarizing, and 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 disabilities. Students with disabilities who need classroom, academic or other accommodations must request them through the office of Student Accessibility Services (SAS). Students are encouraged to request accommodations when they register for courses or at least three weeks before the start of the semester, otherwise the provision of accommodations may be delayed. Students who have received approval for accommodations from SAS for this course must provide the instructor with the ‘Notice of Approved Accommodations’ from SAS before accommodations will be provided. Arrangements for academic accommodations can only be made after the instructor receives the ‘Notice of Approved Accommodations’ from the student. Students with approved accommodations are encouraged to submit the ‘Notice of Approved Accommodations’ to the instructor at the beginning of the semester because a reasonable amount of time may be needed to prepare and arrange for the accommodations. Additional information about Student Accessibility Services is available at http://www.austincc.edu/sas.

Academic Freedom: Each student is strongly encouraged to participate in class discussions. In any classroom situation that includes discussion and critical thinking, particularly about economic and political ideas, there are bound to be many differing viewpoints. Students may not only disagree with each other at times, but the students and instructor may also find that they have opposing views on sensitive and volatile topics. It is my hope that these differences will enhance class discussion and create an atmosphere where students and instructor alike will be encouraged to think and learn. Therefore, be assured that your grades will not be adversely affected by any beliefs or ideas expressed in class or in assignments. Rather, we will all respect the views of others when expressed in classroom discussions.

Safety Statement: Austin Community College is committed to providing a safe and healthy environment for study and work. You are expected to learn and comply with ACC environmental, health and safety procedures and agree to follow ACC safety policies. Additional information on these can be found at http://www.austincc.edu/ehs. Because some health and safety circumstances are beyond our control, we ask that you become familiar with the Emergency Procedures poster and Campus Safety Plan map in each classroom. Additional information about emergency procedures and how to sign up for ACC Emergency Alerts to be notified in the event of a serious emergency can be found at http://www.austincc.edu/emergency/.

Please note, you are expected to conduct yourself professionally with respect and courtesy to all. Anyone who thoughtlessly or intentionally jeopardizes the health or safety of another individual will be dismissed from the day’s activity, may be withdrawn from the class, and/or barred from attending future activities.

You are expected to conduct yourself professionally with respect and courtesy to all. Anyone who thoughtlessly or intentionally jeopardizes the health or safety of another individual will be immediately dismissed from the day’s activity, may be withdrawn from the class, and/or barred from attending future activities.

ACC's use of students' email addresses for safety messages: All College e-mail communication to students will be sent solely to the student’s ACCmail account, with the expectation that such communications will be read in a timely fashion. ACC will send important information and will notify you of any college related emergencies using this account. Students should only expect to receive email communication from their instructor using this account. Likewise, students should use their ACCmail account when communicating with instructors and staff. Instructions for activating an ACCmail account can be found at http://www.austincc.edu/accmail/index.php.