PRINCIPLES OF ECONOMICS (Macrecnmics) PORTERVILLE COLLEGE ECON P102 Jeff Keele, Ph.D. Spring 2014 jkeele@prtervillecllege.edu 791-2342 MW 9:35 AM, SM 102 Office hurs in SM 113 D Spr. 14 Mnday Tuesday Wednesday Thursday Friday SM113D 12:45-2:00 pm 4:00-5:15 pm 12:45-2:00 pm 4:00-5:15 pm Please try t cme by during these scheduled ffice hurs if yu can. I can make ther arrangements t meet if yu can t make scheduled hurs. If yu need special accmmdatins fr a disability, please cntact me r cntact the campus Disability Resurce Center (AC 116, 791-2215) s that we may help yu. TEXT, Supplies and READINGS: REQUIRED: Principles f Macrecnmics, v. 2.0. Libby Rittenberg and Timthy Tregarthen, Flatwrld iclicker, an electrnic student feedback and remte plling device. This device will als need AAA batteries. Yu will be respnsible t bring it t class and t keep it ready with gd batteries. Occasinally I will pst extra reading assignments r annuncements fr class n an annuncement web page. I will als pst annuncements f general interest t campus students there. Please check it Daily, Mnday thrugh Thursday. Find the web page at http://hme.prtervillecllege.edu/jkeele/. Fllw the link t Class Annuncement Pages and frm there be sure t fllw the link t the Ecnmics annuncement page. Student Learning Outcmes: By the cmpletin f this curse the student shuld be able t: a. Identify and explain the basic premises f the ecnmic way f thinking, such as the impact f rle f incentives in ecnmic decisin making. b. Apply basic ecnmic methds f analysis fr the slutin f macrecnmic prblems, such as identifying macrecnmic equilibrium price and incme levels, and evaluating the rle f interest rates in determining ecnmic grwth and inflatin. c. Interpret and manipulate basic graphical tls f macrecnmics such as aggregate supply and aggregate demand curves. d. Identify and explain the cre principles and theries f macrecnmics--fr example, Keynesianism and mnetarism. COURSE REQUIREMENTS Internet: Students will need Internet access fr this curse. Reading: All assigned reading is required and yu are respnsible fr the material cntained in it. Material psted t the class annuncement page is als testable. Reading the business and ecnmy sectin f a majr newspaper is strngly recmmended. Hmewrk: I will assign a hmewrk prject with each chapter. All are required wrk. Each is due in class n the day indicated when I give the assignment. Whenever pssible, we will g ver the assignment in ** Minr amendments may be psted t the web page as we g. 1
class. Hmewrk will cnsist f prblem sets, reading and creating graphs and charts, minr internet research prjects, and writing. If yu can t be in class when hmewrk is due, turn the hmewrk in any time befre class. Always d the hmewrk; the practice will help yu learn. Late hmewrk will be accepted up t ne week late, but nly fr half credit. Hmewrk assignments may be handed ut in class but will generally be psted the ecn class annuncement page f my website. Chapter Quizzes: We will have a brief in-class r take-hme quiz after each ne t three chapters (5-25 pints per quiz). Quiz dates will be annunced as we g. Make-up quizzes are nt allwed. In extenuating circumstances early quizzes MAY be ffered, cntact me in advance if yu see a cnflict. We will review the questins after taking each quiz. Fr in-class quizzes yu must stay fr the review t get credit fr the quiz. Please bring a green Scantrn (#882) fr each quiz. N cell phnes, n audi devices (mp3 players), and n leaving the class during in-class quizzes; if yu answer a phne, are caught with an earphne in yur ear, r leave the classrm yu are dne with the quiz. Participatin & iclicker Quizzes: In each class meeting we will have iclicker questins fr participatin and t assess hw well students understand the material. Sme questins will be graded with pints fr crrect answers, thers will be participatin nly. Yur participatin is being recrded and will cntribute t the participatin cmpnent f yur scre. Fr each class perid yu will get full participatin credit if yu participate in all r all but ne f the questins asked that day. If yu fail t participate n tw r mre questins in a day yu will nt receive participatin credit fr that day. iclicker quiz pints generally cannt be made up; please plan and cme t class prepared. In rare circumstances sme iclicker quiz pints may be made up but the student needs t make arrangements in advance where pssible and must cntact me t reslve the issue immediately in case f an unexpected need. Neither a frgtten clicker nr a clicker with dead batteries qualifies fr make-up clicker pints. Texting, side cnversatins, reading, and dzing during lecture are all frms f rudeness. These and ther frms f rudeness distract frm yur wn learning and disrupt thers. Please plan t refrain frm rude r distracting behavir. Exams: We will have a midterm and a final. The midterm will be given n the date listed in the syllabus belw. The exam frmat will cnsist f Multiple Chice and True/False questins with sme graphs and prblems. Please bring a green Scantrn (#882). Make up exams MAY be pssible in extenuating circumstances but will incur a 20 pint penalty. It is the student s respnsibility t arrange with me fr alternative test arrangements at least ONE WEEK BEFORE the scheduled exam if there is sme cllege-excused reasn yu cannt make the scheduled time. N cell phnes r audi devices are permitted. Shuld yu leave the class during the exam; answer a phne, read a text message, r be caught with an earpiece in yur ear yu are dne with the exam. The cllege schedules the final exam; PLEASE, d nt even ask abut taking it early. Yu may bring ne 4x6 nte card fr reference during the midterm and final. Attendance: Attendance is required. I may drp yu frm the class after 3 absences. Yu are respnsible fr all material presented r discussed in class, whether yu are there r nt. If yu miss class, yu will miss imprtant material and yu may miss a quiz Hnesty: I expect hnesty n tests and assignments. Fllwing Prterville Cllege plicy, if a student cheats n a test r assignment, r plagiarizes, I will give an F grade n that assignment and I will reprt the incident t the vice president. The student will have t meet with the VP f students t determine whether further disciplinary actin is necessary. Students caught cheating are nt eligible fr any extra credit r make-up pints. Students caught trying t cheat with iclickers (whether trying t cpy answers r trying t get participatin/quiz pints when nt physically present) will autmatically lse all clicker pints, bth participatin pints and quiz pints fr the semester. A secnd ffense will result in being drpped frm the curse. ** Minr amendments may be psted t the web page as we g. 2
Grading Frmulae: Fr thse wh meet the requirements, I will calculate yur grades bth ways and give yu the higher f the tw. IF the requirements f the Alternate Scheme are nt met, then the Standard scheme will be used exclusively. Standard Grading Frmula (Default) Pints pssible frm assignments are as fllws: Hmewrk:?? --- 5-15 pints fr each hmewrk Chapter Quizzes:?? --- 5-25 pints fr each chapter quiz Clicker quizzes:?? --- 2-20 pints per class perid Participatin: 50 Pints (based n the rati f iclicker participatin) Midterm: 100 pints Final: 100 pints We shuld end up with a ttal f 400 t 600 pints. (earned extra credit r makeup pints will be added t yur ttal pints with this frmula, but is limited t 2% n the final pints pssible) Alternate Grading Frmula: (If yu EARN it) Available nly t students wh have earned at least 80% f participatin pints, have NOT missed mre than 2 quizzes (bth pp and scheduled) and have NOT missed mre than 2 hmewrk assignments: Midterm 100 Final 100 N extra credit pints will be cunted with this frmula. Curse grades will be given n the fllwing scale with percentages calculated based n ttal pssible pints. A: 90-100%; B: 80-89%; C: 70-79%; D: 60-69%; F belw 60% Extra Credit: Occasinal extra credit assignments may be ffered. They will generally be nted nly n the web page and will require sme written respnse frm yu with a clear deadline fr credit. All extra credit will be accepted nly thrugh TURNITIN.COM. Instructins n submitting thrugh Turnitin.cm fllw n the last page f this syllabus. Extra credit is nly relevant t students grades when calculated under the Standard Grading Scheme abve, nt under the Alternate Grading Scheme. Under n cnditin will extra credit be accepted fr mre than 2% f the final grade. ** Minr amendments may be psted t the web page as we g. 3
Reading and Exam Schedule: Week 1: Intrductin/Overview Assignments: Arrange Internet Access: This is accessible n campus r yu may access it at hme. Check the web page t see if there are any annuncements. Read Chapter 1 Ecnmics: The Science f Chice and Exchange Fllwing week 1, we will prgress as fast as we are able. Chapter terms, quiz, and hmewrk due dates will be annunced in class r n the annuncement page. We will wrk thrugh the text chapters in the rder they are listed in the Rittenberg text. Our gal will be t average ne chapter per week, but we will prbably fall smewhat shrt f that. We will fllw this sequence in the chapters we cver. Sme chapters may be abbreviated in ur discussin and assignments as directed in class. Chapters will be taken in rder starting with Chapter 1 MIDTERM in class: March 6 Please bring a green Scantrn ( 882-E ) Yu may bring a 4X6 nte card. FINAL EXAM AS SCHEDULED BY THE COLLEGE (Please, dn t even ask abut taking it early.) Wednesday, May 14, 7:30 AM Please bring a green Scantrn ( 882-E ) Yu may bring a 4X6 nte card ** Minr amendments may be psted t the web page as we g. 4
Using Turnitin.cm This nline surce checks yur paper fr plagiarism, which is very helpful t instructrs. It is very simple t use. Yu will need t use TURNITIN.COM if yu chse t submit any extra credit assignments fr this class. T use Turnitin.cm: G t www.turnitin.cm If yu already have an accunt, simply lg n and fllw the instructins t add a class using the Class ID and passwrd belw. If yu d nt already have a Turnitin accunt, fllw the instructins fr new users n the turnitin.cm web page. Fllw the instructins t create a user Enter yur e-mail address Create a passwrd fr yurself Enter yur first and last name (please use yur name as it is n my rle) The ID fr this class is: 7519506 The passwrd is: Keynesian (this is case sensitive) When it is time t submit assignments: Lg in t Turnitin.cm. Click n the name f the class. Click n submit with the square paper icn. Fllw the uplad instructins fr the first assignment.. Nte that TII cannt prcess dcuments upladed in WPS frmat frm MS Wrks if yu are using Wrks, yu will need t save yur dcuments as an RTF file r simply use the cut and paste ptin when uplading. Fr all subsequent assignments, simply lg in and pick the crrect assignment t uplad. ** Minr amendments may be psted t the web page as we g. 5