ECON-2302-60D - Prinof Microeconomics
Lamar State College - Port Arthur
House Bill 2504
Fall 2017 Course Syllabus
Faculty Information | |||||||||||||
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Semester | Fall 2017 | ||||||||||||
Instructor | Bryant, Jennifer Christine | ||||||||||||
Phone | (409) 984-6389 | ||||||||||||
bryantjc@lamarpa.edu | |||||||||||||
Department |
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Office |
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MyLamarPA | Be sure to check your campus E-mail and Course Homepage using MyLamarPA campus web portal (My.LamarPA.edu). When you’ve logged in, click the email icon in the upper right-hand corner to check email, or click on the “My Courses” tab to get to your Course Homepage. Click the link to your course and review the information presented. It is important that you check your email and Course Homepage regularly. You can also access your grades, transcripts, and determine who your academic advisor is by using MyLamarPA. | ||||||||||||
Course Information | |||||||||||||
Course Number | 90095 | ||||||||||||
Course Description | Analysis of the behavior of individual economic agents, including consumer behavior and demand, producer behavior and supply, price and output decisions by firms under various market structures, factor markets, market failures, and international trade. | ||||||||||||
Course Prerequisites | Prerequisite: Basic skills competency in reading and writing. | ||||||||||||
Required Textbooks |
OpenStax Economics, Principles of Economics. OpenStax CNX. Jul 21, 2017 http://cnx.org/contents/69619d2b-68f0-44b0-b074-a9b2bf90b2c6@11.346. Knewton Principals of Economics. (2016). Knewton: ISBN: 978-1-63545-007-1 |
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Attendance Policy | Regular and punctual attendance is important to the attainment of the educational objectives of this course. Therefore you are responsible for any covered content and missed assignments. 5 absences will result in a drop of a letter grade. | ||||||||||||
Course Grading Scale | 90 - 100=A 80 - 89=B 70 - 79=C 60 - 69=D Below 59 = F | ||||||||||||
Determination of Final Grade | Exams 40%, Assignments 40%, Final Exam 20% | ||||||||||||
Final Exam Date | December 13, 2017 - 12:00 AM Through December 13, 2017 - 11:00 PM | ||||||||||||
Major Assignments |
Module 1: Aug. 28th to Sept 24th. Due Date: Oct. 22nd Chapter 1 Welcome to Economics!, Knewton Assignments Chapter 2 Choice in a World of Scarcity; Knewton Assignments Chapter 3 Demand and Supply; Knewton Assignments Chapter 4 Labor and Financial Markets; Knewton Assignments Exam One Module 2: Runs from Sept 25th to Oct. 22nd Due Date: Oct. 22nd Chapter 5 Elasticity; Knewton Assignments Chapter 6 Consumer Choices; Knewton Assignments Chapter 7 Cost and Industry Structure; Knewton Assignments Week 8: Chapter 8 Perfect Competition; Knewton Assignments Exam Two Module 3: Runs from Oct. 23rd to Nov. 19th Due Date: Nov. 19th Chapter 9 Monopoly; Knewton Assignments Chapter 10 Monopolistic Competition and Oligopoly; Knewton Assignments Chapter 11 Monopoly and Antitrust Policy; Knewton Assignments Chapter 12 Environmental Protection and Negative Externalities; Knewton Assignments Exam Three Module 4: Runs from Nov. 20th to Dec. 3rd Due Date: Dec. 10th Chapter 13 Positive Externalities and Public Goods; Knewton Assignments Chapter 14 Poverty and Economic Inequality; Knewton Assignments Final Exam Week: Runs from Dec. 11th to Dec. 13th Final Exam Review Dec. 11 to Dec. 12th Final Exam: Dec. 13th |
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Calendar of Lecture Topics and Major Assignment Due Dates |
Module 1: Aug. 28th to Sept 24th. Due Date: Oct. 22nd Chapter 1 Welcome to Economics!, Knewton Assignments Chapter 2 Choice in a World of Scarcity; Knewton Assignments Chapter 3 Demand and Supply; Knewton Assignments Chapter 4 Labor and Financial Markets; Knewton Assignments Exam One Module 2: Runs from Sept 25th to Oct. 22nd Due Date: Oct. 22nd Chapter 5 Elasticity; Knewton Assignments Chapter 6 Consumer Choices; Knewton Assignments Chapter 7 Cost and Industry Structure; Knewton Assignments Week 8: Chapter 8 Perfect Competition; Knewton Assignments Exam Two Module 3: Runs from Oct. 23rd to Nov. 19th Due Date: Nov. 19th Chapter 9 Monopoly; Knewton Assignments Chapter 10 Monopolistic Competition and Oligopoly; Knewton Assignments Chapter 11 Monopoly and Antitrust Policy; Knewton Assignments Chapter 12 Environmental Protection and Negative Externalities; Knewton Assignments Exam Three Module 4: Runs from Nov. 20th to Dec. 3rd Due Date: Dec. 10th Chapter 13 Positive Externalities and Public Goods; Knewton Assignments Chapter 14 Poverty and Economic Inequality; Knewton Assignments Final Exam Week: Runs from Dec. 11th to Dec. 13th Final Exam Review Dec. 11 to Dec. 12th Final Exam: Dec. 13th |
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General Education/Core Curriculum Student Learning Outcomes |
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Program Student Learning Outcomes |
PSLO ALPHA: Reading skills - Demonstrates comprehension of content-area reading material. Identifies all main ideas, supporting details, and vocabulary in reading material; demonstrates a full understanding of the reading. PSLO 1: Critical Thinking Skills � Uses creative thinking, innovation, inquiry and analysis, evaluation and synthesis of information. Creatively identifies problem, argument, or issue (to determine extent of information needed); differentiates the facts from opinions as relates to situation; constructs possible solutions or prediction or consequences; uses logical, sound reasoning to justify conclusion. PSLO 2: Communication Skills � Demonstrates effective development, interpretation and expression of ideas through written, oral and/or visual communication. Expresses a strong thesis; organizes information with effective transitions & sequencing of ideas; uses substantial, logical & specific development of ideas; details are relevant, original, credible and correctly documented when appropriate to show an effective development and interpretation of ideas; and presents ideas in appropriate mode of expression for the task. PSLO3: Empirical and Quantitative Skills � Applies the manipulation and/or analysis of numerical data or observable facts resulting in informed conclusions. Identifies mathematical or scientific principles needed to complete task; uses mathematical or scientific principles needed to complete task; analyzes how to use the principles; and applies problem-solving skills in mathematical or scientific principles needed to complete task with correct informed conclusions. PSLO 6: Personal Responsibility Skills – Integrates choices, actions and consequences in ethical decision-making. Identifies cultural characteristics (including beliefs, values, perspectives and/or practices); demonstrates knowledge of civic responsibility; provides evidence of experience in civic- engagement activities; and describes what she/ he has learned as it relates to a reinforced and clarified sense of civic identity in local, regional, national, or global communities; and shows awareness of one�s own culture in relation to others. |
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Course Student Learning Outcomes |
CLSO 1. Explain the role of scarcity, specialization, opportunity cost and cost/benefit analysis in economic decision-making. (PLSO Alpha measured by Knewton Assignments) CLSO 2. Identify the determinants of supply and demand; demonstrate the impact of shifts in both market supply and demand curves on equilibrium price and output. (PLSO 2 measured by Knewton Assignments) CLSO 3. Summarize the law of diminishing marginal utility; describe the process of utility maximization.(PLSO 2 measured by Knewton Assignments) CLSO 4. Calculate supply and demand elasticities, identify the determinants of price elasticity of demand and supply, and demonstrate the relationship between elasticity and total revenue. (PSLO 3 measured by Knewton Assignments) CLSO 5. Describe the production function and the Law of Diminishing Marginal Productivity; calculate and graph short-run and long-run costs of production. (PSLO 3 measured by Knewton Assignments) CLSO 6. Identify the four market structures by characteristics; calculate and graph the profit maximizing price and quantity in the output markets by use of marginal analysis. (PSLO 3 measured by Knewton Assignments) CLSO 7. Determine the profit maximizing price and quantity of resources in factor markets under perfect and imperfect competition by use of marginal analysis. (PSLO 3 measured by Knewton Assignments) CLSO 8. Describe governmental efforts to address market failure such as monopoly power, externalities, and public goods. (PSLO 6 measured by Knewton Assignments) CLSO 9. Identify the benefits of free trade using the concept of comparative advantage.(PSLO 2 measured by Knewton Assignments) |
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Academic Honesty | Academic honesty is expected from all students, and dishonesty in any form will not be tolerated. Please consult the LSC-PA policies (Section IX, subsection A, in the Faculty Handbook) for consequences of academic dishonesty. | ||||||||||||
Facility Policies |
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Additional Information | Please see student handbook for conduct compliance. | ||||||||||||
Important Information | |||||||||||||
ADA Considerations | The Americans with Disabilities Act (ADA) is a federal anti-discrimination statute that provides comprehensive civil rights for persons with disabilities. Among other things, this legislation requires that all students with disabilities be guaranteed a learning environment that provides for reasonable accommodation of their disabilities. If you believe you have a disability requiring an accommodation, please contact the Special Populations Coordinator, Room 231, in the Madison Monroe Building. The phone number is (409) 984-6241. | ||||||||||||
Copyright Violations |
Some material in this course may be copyrighted. They may be used only for instructional purposes this semester,
by students enrolled in this course. These materials are being used fairly and legally.
No one may distribute or share these copyrighted materials in any medium or format with anyone outside this class,
including publishing essays with copyrighted material, uploading copyrighted material to Facebook or YouTube, or
painting or performing copyrighted material for public display.
Copyright violation is not the same thing as plagiarism. Plagiarism is intellectual dishonesty. Offenses of plagiarism result in lower grades or failing scores, and professors and the college strictly enforce plagiarism rules. There is never any acceptable use of plagiarism. Copyright violation is a legal offense, punishable by large fines and penalties. Copyrighted material can be used if permission from the material’s creator is obtained, or if its use meets the standards of fair use in an educational setting. For example, a student can quote a line from Shakespeare’s Hamlet in a report without violating copyright but still be guilty of plagiarism if the quotation is not properly documented. If you are in doubt about what material can be freely used, ask your professor or contact the Dean of Library Services, at (409) 984-6216. |
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Assessment Statement |
Assessment is a process by which LSCPA can help you learn better and gauge the level of progress you have made to
attain knowledge, skills, beliefs, and values. It also helps your professors understand how to improve teaching
and testing methods in your classes, and it helps each department understand and improve degree and certificate
programs.
Periodically LSC-PA will collect assessment data for research and reporting purposes, including statistical data and sometimes copies of your work. Be assured that all material the college uses for assessment purposes will be kept confidential. To ensure anonymity, your name will be removed from any material we use for assessment purposes, including video-recorded performances, speeches, and projects. If you object to allowing LSC-PA to use your material for assessment purposes, submit a letter stating so to your professor by the 12th class day. You will still be required to participate in whatever assessments are being done; we just won’t use your data. What’s the difference between assessment and grades? The grades you get on papers, projects, speeches, and assignments are specific types of focused assessment. LSC-PA’s assessment efforts include class grades, surveys, standardized tests, and other tools. |
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Privacy Notice |
Federal privacy laws apply to college students. This means that college employees, including instructors, cannot
divulge information to third parties, including parents and legal guardians of students. Even if the students are
minors, information about their college work cannot be shared with anyone except in very limited circumstances.
Anyone requesting information about a student should be referred to the Registrar. Instructors will be notified in writing by that Office about what information may be released and to whom. Please remember that releasing private information about a student, however innocuous it may seem, can be a violation of federal law, with very serious consequences. Circumstances under which information may be released:
An adult student may submit, to the Registrar, a handwritten, signed note granting permission for release of
information. The note must specify what information may be divulged, and it must specify the name of the person
to whom the information may be given.
The Registrar’s office is located in the Student Center room 303B, and can be reached at (409) 984-6165. |
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College-Level Perspectives |
This course helps add to the students’ overall collegiate experience in the following ways:
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Degree Plan Evaluation |
A Degree Plan Evaluation will help you determine which classes you need to complete your program.
All of the classes that you have taken that apply to your declared major will be listed on the right. If you have a class that still needs to be completed, a “NO” will be listed on the right next to the required class. |
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HB 2504 | This syllabus is part of LSC-PA’s efforts to comply with Texas House Bill 2504. | ||||||||||||
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