Download intersession 2015 - Portal

MACROECONOMICS
ECO 105
Online – 3 Credits
Intersession – 2015
Instructor Suzanne Cercone
Phone
570-504-7954
Office
Office
Hours
E-mail
[email protected]
Healey 223
Via online by apt.
Text - ECON Macro 3 (w/Bind-in Access Card) AUTHOR: McEachern, 3rd edition, 2012, Cengage
Learning, ISBN:9781111826697
Description - This course is intended to introduce the student to the determinants of the level of
income and employment in the economy. Macroeconomics, often referred to as general equilibrium
analysis, is concerned with the problems of the economy as a whole rather than those of the
individual or firm. As an introductory course, it is primarily concerned with developing the desire
and aptitude for continuing inquiry into this area of knowledge.
Objectives
1.
2.
3.
4.
5.
6.
7.
8.
Define the concepts of scarcity and costs, both implicit and explicit.
Describe the law of demand/supply and the determinants of demand/supply.
Analyze how prices are determined.
Evaluate the current role of government and recognize fiscal policy and evaluate how
government raises and spends funds and the effects those decisions have on the
national/global economy.
Formulate the causes and types of both inflation and unemployment.
Evaluate classical employment theory, the employment theories of Keynes and the
current conditions of national/global employment.
The student will define how money is created, the importance of money in our economy,
and types of money.
Summarize the responsibilities of the Federal Reserve System and the board of
governors, monetary policy, and the impact of the Fed on the national economy.
Requirements - Students will be assessed on comprehending course content also via:
participation, discussion, written assignments, quizzes, exercises, and a final group project.
class
Evaluation - This course is highly structured around discussion. Preparation is expected with all
readings and presentations. The syllabus schedule is subject to change.
Online Course Intersession Attendance Policy - Students enrolled in credit-bearing courses at
Lackawanna College will fail any course(s) in which they accumulate absences beyond the
maximum number allowed. This pertains to online courses as well.
Attendance is defined by participating in an academic activity within the online classroom, which
includes posting in a graded discussion forum or submitting a written assignment. Postings not
related to the aforementioned activities will not count for attendance purposes.
Required Discussion Replies in an Online
Course during Intersession
Four times per day (28 total per weekly)
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Maximum # of Days Allowed without
Discussion
0
You are required to engage in discussion at least FOUR times per DAY throughout the
week for a total of 28 weekly posts in all, minimum.
During intersession, an online course week runs seven days per week, from Monday
through Sunday.
You should respond to the initial DQs posted AND respond to your classmates.
Responses MUST be substantive and contain at least 50 words. See the document titled
Good Discussions in your Handouts and Links.
Responses that do not move the conversation forward by providing information to which
others can respond and build upon will NOT be counted toward your daily score.
Students who miss one day of discussion will be DROPPED from the course.
Students who do not log on to the course within the drop/add period for the course will be
DROPPED from the course.
Withdrawal Policy - A student has the privilege of withdrawing from any courses or from the
College itself without academic penalty up to and including the final date for withdrawal indicated
on the College calendar.
To withdraw officially from a course or from the College, a student must obtain the proper
withdrawal form from the Student Affairs Office or from your Center Director, complete this form
and submit it to the Registrar's Office before the final day for withdrawal without academic penalty
as indicated on the College calendar. If a student stops attending a course for which he/she is
registered after the published census date (end of drop/add) without having officially withdrawn
from the course, the student will be assigned an AW (penalty-grade failure) for the class. No
exceptions will be made.
Students who violate the College's Academic Integrity Policy and fail a course in consequence may
not exercise the withdrawal privilege in that particular course.
Financial obligations to the College will be determined according to the Refund Policy.
Instructor Policies - This online class will use the Lackawanna college portal Home Page | Portal
for instruction and assessment. Each day there will be discussion and assignment on certain
material (See Course Schedule). You are encouraged to become an active learner by participating.
The best way to learn on-line material is by taking an active role in the process: hearing it, writing
it, doing it and following the presentation with your text. You are encouraged to take advantage of
the FREE services (peer and professional) that can help you become a successful student.
DUE DATES: Due dates will be listed on the portal under “Assignments.” The dates listed will be
every day that the material was covered.
DISCUSSION/PARTICIPATION: There will be two discussion questions posted each day (follow the
chapters in the schedule below). You are required to answer both questions with relevant and
interesting material. You are also required to reply to posts from your peers and instructor. For an
online intersession course, you are required to post four (4) times on each day during the week to
receive full participation credit. Your posts should be substantial and meaningful, and at least 50
words long. Please see What Makes a Substantial Post, listed under the “Handouts” tab on the
portal.
GROUP PROJECT: There will be one step for the group project due every other day. You will use the
discussion forum to complete each step as a collective team effort. Official assignments are due via
the portal under Assignments. Each member of the team must submit the assignment individually.
QUIZZES: There will be six (6) online quizzes, one for each chapter. Quizzes will be timed and you
only have 1 attempt.
Grading
Attendance
Discussion
Group Assignment
Quizzes
Letter Grade
A
AB+
B
BC+
C
CD+
D
F
10%
30%
30%
30%
Numeric Range
96 – 100
90 – 95
87 – 89
83 – 86
80 – 82
77 – 79
73 – 76
70 – 72
67 – 69
60 – 66
0 – 59
Quality Points
4.0
3.67
3.33
3.0
2.67
2.33
2.0
1.67
1.33
1.0
0
Due Dates and Late Penalties
o The grace period for late assignments/exercises (only) is as follows:
 1 day late-10% deduction off of the assignment grade
 2 days late-20% off of the assignment grade
 3 days late-the assignment will receive a grade of 0%
o There will be no “extra credit.”
Academic Integrity - Academic dishonesty in any form, such as plagiarism and cheating, will not be
tolerated. Sanctions will include an automatic F for plagiarism, but the severity or frequency of the
violation may result in dismissal from the College as well. Please see the Student Handbook for a
complete explanation.
The following are among the forms of dishonesty, in a classroom of any type, for which sanctions
may be applied:
 Using books, notes or other materials during an examination, unless expressly permitted;
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Using purchased essays, term papers or preparatory research for such papers;
Copying others' work or engaging in unauthorized cooperation during an assignment or
examination;
Allowing another student to copy from an examination or other assignment intended to be
performed independently;
Borrowing from published works, whether material is taken verbatim or with minor
alterations, without proper and/or sufficient acknowledgment;
Submitting as one’s own work originally done by someone else;
Submitting the same written report in more than one course without prior approval from
the instructor(s) involved;
Stealing examinations or assignments;
Supplying or selling examinations or assignments;
Misrepresenting statements concerning work submitted;
Falsifying or fabricating experimental data or results;
Falsifying or fabricating the need for extensions on papers or make-up examinations.
Misrepresenting identity in an online course
(Please see student handbook for more information)
Disability Statement - Lackawanna College is an Affirmative Action, Equal Employment
Opportunity institution. Students with disabilities and other needs should feel free to contact the
instructor privately if there are services and adaptations which can be made to accommodate
specific needs. Students who are having difficulties with class material are strongly advised to seek
assistance in the reading and writing lab. If you feel that you have a disability that has not been
formally documented, you may meet with Mrs. Christine Kiehart in the academic development
office to discuss your options. Please note that disability services do not include exemption
from participation requirements in courses considered part of the School of Distance
Education, including online and hybrid courses.
Equal Opportunity Statement - Lackawanna College will not discriminate in its educational
programs, activities or employment practices based on race, color, national origin, sex, sexual
orientation, disability, age, religion, ancestry, union membership or any other legally protected
classification. Announcement of this policy is in accordance with State law, including the
Pennsylvania Human Relations Act, and with Federal law, including Titles VI and the Civil Rights
Act of 1964, Title IX of the Education Amendments of 1972, Sections 503 and 504 of the
Rehabilitation Act of 1973, the Age Discrimination Act of 1975, and the Americans with Disabilities
Act of 1990. Inquiries should be directed to Anita Cola, Affirmative Action Officer, at (570) 9617815 or [email protected] OR Dan LaMagna, Affirmative Action Officer, at (570) 504-1579 or
[email protected].
Portfolio and Coursework - Lackawanna College will empower you to experience learning by
inspiring your critical thinking, accessing your talents and skills, motivating you toward a career
choice, and encouraging you to make a difference. In evidence of this learning, the College requires
a graduation portfolio containing Career Documents, including a résumé, two letters of
recommendation, and a career exploration; Core Coursework, including a research paper from
College Writing; three sample papers or projects from Major Coursework; and a Lackawanna
College Reflection Paper.
Course Schedule
Day
Topic
Course Objective Met
1
Art and Science of Introduction
Economic Analysis
2
Art and Science of
Economic Analysis
Economic Tools
and Systems
Economic Tools
and Systems
Introduction
Economic Decision
Makers
Economic Decision
Makers
Demand and
Supply, Markets
Demand and
Supply Markets
Analyze how prices are determined.
9
Macroeconomics
Introduction
10
11
Macroeconomics
Unemployment
and Inflation
Unemployment
and Inflation
Introduction
13
Productivity and
Growth
Evaluate classical employment theory,
the employment theories of Keynes and
the current conditions of national/global
employment.
14
Productivity and
Growth
15
Fiscal Policy
Evaluate classical employment theory,
the employment theories of Keynes and
the current conditions of national/global
employment.
The student will define how money is
created, the importance of money in our
economy, and types of money.
3
4
5
6
7
8
12
Define the concepts of scarcity and costs,
both implicit and explicit.
Define the concepts of scarcity and costs,
both implicit and explicit.
Analyze how prices are determined.
Describe the law of demand/supply and
the determinants of demand/supply.
Describe the law of demand/supply and
the determinants of demand/supply.
Formulate the causes and types of both
inflation and unemployment.
Formulate the causes and types of both
inflation and unemployment.
Related
Assignment,
Assessment, or
Learning Activity
Syllabus Quiz
Scavenger Hunt
Discussion
Team Assignments
Discussion
Discussion
Group Assignment
Chapters 1 & 2
Quiz
Discussion
Discussion
Group Assignment
Discussion
Discussion
Group Assignment
Chapters 3 & 4
Quiz
Discussion
Discussion
Group Assignment
Discussion
Discussion
Group Assignment
Chapters 5 & 7
Quiz
Discussion
Discussion
Group Assignment
Discussion
Discussion
Group Assignment
16
Fiscal Policy
17
Federal Budgets
and Public Policy
18
Money and the
Financial System
19
Banking and the
Money Supply
The student will define how money is
created, the importance of money in our
economy, and types of money.
Evaluate the current role of government
and recognize fiscal policy and evaluate
how government raises and spends funds
and the effects those decisions have on the
national/global economy.
Chapters 8 & 12
Quiz
Discussion
Discussion
Group Assignment
The student will define how money is
created, the importance of money in our
economy, and types of money.
Chapters 13 & 14
Quiz
Summarize the responsibilities of the
Federal Reserve System and the board of
governors, monetary policy, and the
impact of the Fed on the national
economy.
Chapter 15 Quiz
Discussion
Discussion
Group Assignment
Group Assignment