Download ECON 2013 pdf - Tulsa Community College

Syllabus: Macroeconomics ONLINE
Spring 2015
Instructor:
Course #: Econ 2013
Office Hours:
Email: [email protected]
Office: 2307
Phone:
Sandy Zingo, M.A.
Wednesday 8:30-1:30
or by appointment
(918)595-8458 (office)
(918) 812-9315 (home/cell)
You may text me.
Associate Dean: Patrick Green 595-7440 Division of Business and
InformationTechnology
Textbook:
Economics by Stephen L. Slavin, 11th edition you do NOT need
CONNECT software that accompanies Slavin’s text. (10th edition is ok)
Course Description:
Economics draws upon the political sciences, psychology, sociology, mathematics, accounting,
management and marketing principles. Economics is the study of how people choose to use their
scarce and limited resources to satisfy their unlimited wants and needs. After successfully
completing this course you should have an understanding of the components that make up the
overall economy. The course of study will focus on growth and how it is affected. You will learn
how economics is a part of you daily life and will be able to apply economic concepts to real world
situations. In addition, you will learn about many other types of economies and cultures that will
enable you to better understand the global economy.
Course Objectives:
Successful completion of this course will help prepare you for the next course, Microeconomics.
You will also learn how economies are directed, how the unemployment and inflation rates are
calculated, and how money is created and destroyed via the banking system. You will be more
prepared to be an efficient and effective business leader.
Evaluation:
There will be a total of four exams. Exams will be a combination of short answer essay and
multiple-choice questions. There will be 50 questions on each exam. These questions will be
derived from the assignments and the textbook. The answers to the back of each chapter questions
will be provided via your Blackboard course.
Exam 1
Exam 2
Exam 3
Exam 4
100 Open book, Chapters 1-4
100 Open book, Chapters 5-8
100 Open book, Chapters 9-12
300Must be taken at the Testing Center at NEC Closed
book and cumulative Chapters 1-15
Assignments:
100 points
700 total points
Please note: The book is most important for the cumulative exam so be sure to
know its content before attempting the final. There are topics to know that are
listed in the Exam files to help you focus on what to study.
The grading scale is as follows:
630-700
560-629
490-559
420-489
Below 420
A
B
C
D
F
General topics you will learn are but not limited to:
Scarcity
4 Economic Rresources
Market Failure
The Great Depression
Opportunity Cost
The Production Possibilities Frontier
Economies of Scale/Diseconomies of Scale
Supply and Demand
Changes in the Demand Curve Causes
Changes in the Supply Curve Causes
Change in Price and its effects
Price Ceilings/Floors
GDP and its 4 components
The term “Marginal”
Types of Businesses
Taxes- MTR/ATR Regressive, Progressive, Proportional
Real GDP
Labor Force
Inflation and how it is measured, deflation and disinflation
4 types of unemployment
Leading Economic Indicators
Fiscal Policy - a change in taxes and a change in government spending
Money Multiplier
Monetary Policy - a change in the reserve ratio, a change in the discount rate/federal fund rate and
Open market operations
Federal Reserve
Fractional Reserve Banking
How banks "create" and "destroy" money
M1 M2 M3
The 3 jobs of money
National debt defined - an accumulation of all deficits minus any surpluses since the inception of
our budget
National Budget Deficit is a yearly budget shortfall
National Budget Surplus is a yearly budget overage
Defining GDP
Calculating the APS and APC, and the MPS and MPC
The Five schools of economic thought
Trade
Course Requirement:
Be sure to allot plenty of time to work the exercises at the end of the chapters. Economics cannot
be learned by cramming before an exam
Reading the newspaper, watching the news, listening to NPR 89.5 FM (in Tulsa) will help you learn
and use the theories we are studying. You will be surprised about how much of what you are
learning in economics is in the news every day.
Plagiarism:
Plagiarism is representing someone else’s ideas or work as your own. To avoid plagiarism, you
must make it clear that the work, other’s data, arguments, designs, words, ideas, projects, etc.,
originated with someone else by citing the source. Dishonesty in class-work will result in a failing
grade and/or expulsion from the course.
ADA Statement:
If you have special physical, psychiatric or learning disabilities, please let me know immediately so
that your learning needs may be appropriately met. You will need to provide documentation of your
disability. TCC offers a number of services for disabled students through the DisABLED Student
Resource Center, the Resource Center for the Deaf and Hard of Hearing at Northeast Campus and
through the Counseling Centers on all campuses.
Course Withdrawal: The deadline to withdraw from a course shall not exceed 3/4 the
duration of any class. Check the TCC Academic Calendar for the deadline that applies to
the course(s). Begin the process with a discussion with the faculty member assigned to
the course. Contact the Advisement Office at any TCC campus to initiate withdrawal from
a course ('W' grade) or to change from Credit to Audit. Withdrawal and/or change to an
audit from a course after the drop/add period can alter the financial aid award for the
current and future semesters. Students may receive an outstanding bill from TCC if the
recalculation leaves a balance due to TCC. Students who stop participating in the course
and fail to withdraw may receive a course grade of “F,” which may have financial aid
consequences for the student.
Miscellaneous:
Any evidence of cheating will result in disciplinary actions. Notes are prohibited during tests.
Your input is welcome. Should a problem occur please notify me immediately so that alternate
arrangements may be made.
The material accompanying the text should be treated as mandatory reading and will be included in
the exams. Students are responsible for all assigned readings.
Tulsa Community College does not discriminate against any person on the basis of gender, race,
ethnicity, age, religion, military service or physical challenge.
Please notify the instructor and the Bursar’s office of any address, email or telephone changes.
Reading & Writing Tutoring Services
The Technology Learning Center’s Reading and Writing Services helps students build analytic
reading, solid research and effective writing skills. Additionally, Reading and Writing Services can
supplement classroom instruction with information on MLA, APA or Chicago Manual styles,
Internet research strategies, source evaluation and documentation methods, and essay writing
techniques. Hours: Monday –Thursday 8:00 a.m. – 8:00 p.m.; Friday 8:00 a.m. – 5:00 p.m.
Saturday 8:00 a.m. – 1:00 p.m.
Inclement Weather: TCC rarely closes. If extreme weather conditions or emergency
situations arise, TCC always gives cancellation notices to radio and television stations.
This information is also posted on the TCC website (www.tulsacc.edu).
GENERAL EDUCATION GOALS: General Education courses at TCC ensure that our
graduates gain skills, knowledge, and abilities that comprise a common foundation for
their higher education and a backdrop for their work and personal lives. TCC’s General
Education goals are: Critical Thinking, Effective Communication, Engaged Learning, and
Technological Proficiency.
SYLLABUS CHANGES: Occasionally, changes to the syllabus may be necessary.
Students will be notified of any changes to the syllabus in writing.
STUDENTS WITH DISABILITIES: TCC provides accommodations for qualifying
students in compliance with the Americans with Disabilities Act. For information, students
may contact the disabled Student Resource Center, 918-595-7115, or the Resource Center
for the Deaf and Hard of Hearing, 918-595-7428V, 918-595-7434TTY.
ACADEMIC DISHONESTY: Academic dishonesty (cheating) is defined as the deception
of others about one’s own work or about the work of another. Academic dishonesty or
misconduct is not condoned or tolerated at campuses within the Tulsa Community College
system. Tulsa Community College adopts a policy delegating certain forms of authority for
disciplinary action to the faculty. Such disciplinary actions delegated to the faculty include,
but are not limited to, the dismissal of disrespectful or disorderly students from classes. In
the case of academic dishonesty a faculty member may:
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Require the student to redo an assignment or test, or require the student to
complete a substitute assignment or test;
Record a "zero" for the assignment or test in question;
Recommend to the student that the student withdraw from the class, or
administratively withdraw the student from the class;
Record a grade of "F" for the student at the end of the semester. Faculty may
request that disciplinary action be taken against a student at the administrative
level by submitting such a request to the Dean of Student Services.
INSTITUTIONAL STATEMENT: Each student is responsible for being aware of
the information contained in the TCC Catalog, the TCC Student Policies & Resources
Handbook, and semester information listed in the class schedule. All information
may be viewed on the TCC website: www.tulsacc.edu
If you are unable to take the FINAL at the Testing Center at the Northeast Campus (NEC), then
REMEMBER THAT THE FINAL IS CUMULATIVE AND IT MUST BE PROCTORED BY AN
APPROVED PROCTOR AND SITE BY ME AT LEAST ONE WEEK BEFORE COURSE ENDS.
I am offering Macro on campus at both NEC and Owasso. If you need or want to attend let me
know and I will tell you when and where they are. You are most welcome and encouraged to attend
whenever possible. It could greatly enhance your understanding of the material.
Your success is important to me! Please contact me if you have difficulties
regarding this course. I will make every effort to meet with you to resolve any
pertinent issues. Please notify me BEFORE the end of the course for help.