Fall 2020 Course Syllabus
Course: ECON-2302- Section: 01
Principles of Microeconomics
|COVID 19 Information||The Lamar State College Port Arthur (LSCPA) Student Code of Conduct COVID 19 Policy requires students who have been exposed to COVID 19 or diagnosed with COVID 19 to report their condition on the COVID 19 Notification Form (available via a link on the Student Code of Conduct COVID19 webpage). This information will be provided to the Dean of Student Services. In addition, this policy requires all students to wear face coverings in compliance with the criteria included in the policy. For more information please refer to the COVID 19 link on the LSCPA website.|
|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.|
|Prerequisites||TSI Completed Reading|
1. Explain the role of scarcity, specialization, opportunity cost, and cost/benefit analysis
2. Identify the determinants of supply and demand; demonstrate the impact in shifts in both market supply and demand curves on equilibrium price and quantity
3. Summarize the law of diminishing marginal utility; describe the process of utility maximization
4. Calculate demand elasticities, identify the determinants of demand elasticities, and demonstrate the relationship between elasticity and total revenue.
5. Describe the production function and the law of diminishing marginal productivity; calculate and graph short and long run costs of production
6. Identify the four market structures by characteristics; calculate and graph the profit maximizing price and quantity in the output markets using marginal analysis
7. Determine the profit maximizing price and quantity of resource markets
8. Describe governmental efforts to address market failure
9. Identify the benefits of free trade using absolute and comparative advantage
* Critical thinking skills: Students will engage in creative and innovative thinking
* Empirical and Quantitative Skills: Students will demonstrate applications of scientific and mathematical concepts
* Social Responsibility: Students will demonstrate intercultural competency and civic knowledge by engaging various communities
|Program Student Learning Outcomes|
Textbook Purchasing Statement: A student attending Lamar State College Port Arthur is not under any obligation to purchase a textbook from the college-affiliated bookstore. The same textbook may also be available from an independent retailer, including an online retailer.
Micro 5th editiion Cengage Learning, William A. McEachern
|Lecture topics are given in the attached file fall 2020 micro syllabus|
|Final Exam Date||December 9, 2020 - 2:00 AM Through December 9, 2020 - 2:00 AM|
|Grading Scale||90 - 100=A 80 - 89=B 70 - 79=C 60 - 69=D Below 59 = F|
Three Mid term exams 25% each
Final exam 30%
|Instructor Policies||I will not discuss your grades over the phone or by email. If you want to discuss your grades, you must come to my office in person.|
|Attendance Policy||Attendance is recommended due to the analytical nature of this course.|
|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.|
|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 the Office for Disability Services Coordinator, Room 231, in the Madison Monroe Building. The phone number is (409) 984-6241.|
|MyLSCPA||Be sure to check your campus E-mail and Course Homepage using MyLSCPA 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 MyLSCPA.|
Changes may be made to the grading scale if necessary.
The 24 hour rule: The instructor will not discuss any materials or questions concerning any exam until 24 hours after a student receives an exam.
No make up exams will be given under any circumstances. If a student misses a midterm exam, the final exam will be worth 55% of the students grade. If a student misses the final exam, the student must make arrangements with the instructor within one semester, including summer, to take a final exam. Without a final exam grade, the student will receive a grade of F.
If you have a physical, emotional, or learning disability, there may be special services available to help you be successful at LSCPA. Documentation of your disability is required. For further information, call the office of Student Affairs at 984-6545.
MyLamarPA: Be sure to check your campus email and course homepage using MyLamarPA campus web portal (MyLamarPA.edu). When you have 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 your academic advisor by using MyLamarPA.
Core assignments will be included in all exams.
|HB 2504||This syllabus is part of LSC-PA's efforts to comply with Texas House Bill 2504.|