Computer Project and Course SurveyEconomics 201 Page 3Fall, 2002Homework AssignmentsQuizzesSome SuggestionsOct. 21 Review for MidtermNov. 11 Veteran’s Day = No ClassSept. 23Sept 25Sept. 30Oct. 2Oct. 7Oct. 9Oct. 14Oct. 16Oct. 21Oct. 23Oct. 28Oct. 30Nov. 4Nov. 6Nov. 11Nov. 13Nov. 18Nov. 20Nov. 25Nov. 27Principles of Economics – Microeconomics Fall, 2002Economics 201California State Polytechnic University, PomonaDr. Anne BresnockOffice: Building 1, Room 341Office Hours: M 11:00 a.m. – 2:00 p.m.; W 11:00 a.m. – 12:00, 1:00 p.m. – 2:00 p.m.Phone: (909) 869-4593 E-Mail: [email protected] and [email protected] Website: www.class.csupomona.edu/earth.html (See Economics section.)Required Text: Campbell R. McConnell and Stanley L. Brue Microeconomics 15th Edition,(Irwin/McGraw-Hill Publishing Company, 2002). Required Workbook: Walstad, William B. and Robert C. Bingham Study Guide to AccompanyMcConnell and Brue, Microeconomics 15th Edition, (Irwin/McGraw-HillPublishing Company, 2002.ClassWeb: http://www.class.csupomona.edu/ec/aebres/ec201/ec201.htmlText Website: www.mhhe.com/economics/mcconnell/student/Course Objectives: The key objectives in this introductory course in microeconomics include:1. The student should develop a solid foundation of basic economic concepts pertaining to themarket system. The nature and method of decision-making units -- consumers, producers,and governments--to make choices while constrained by limited resources will be carefullyanalyzed. Additional constraints to the decision making process-government regulations,imperfect competition, etc.--will also be investigated.2. The student should develop an understanding of the institutional framework of the Americaneconomy within which our system of mixed capitalism operates. Thus, an analysis of thevarious ways producers organize their business, the role of labor unions in labor markets, therole of taxes in directing economic choices, the effect of government regulations onproduction decisions, etc., will be pursued.3. The student will develop the ability to apply basic economic concepts and principles toproblem situations. In order to accomplish this problem solving aptitude, the student willacquire the basic methodology and tools of analysis necessary to formulate economicdecisions. Often the ability to select and utilize economic data to reach a solution will berequired as well as a comprehensive justification of the solution.4. The student will develop the ability to communicate the logic of economic thinkingqualitatively and quantitatively. Through the use of objective, problem set and essay testingtechniques, the student will be expected to utilize the principles of economics, to analyze andsynthesize answers to problem situations.5. Finally, the student will develop a better understanding of the role of economics in oursociopolitical environment as well as the role economics plays in decision making processeswhich crossover to other disciplines -- the arts, natural sciences, and other social sciences.Such knowledge is important to gain awareness of the overall operation of society.Economics 201 Page 2Fall, 2002Testing and Grading: There will be two examinations. Please note the exam dates that are listedin the attached syllabus. Under no circumstances are make-up examinations given. Studentsmissing a test for a serious and unavoidable reason will be excused from that test if the professorapproves acceptable documentation for such an excuse. Students with approved excuses willreceive a grade computed by averaging their remaining course work. Students missing anexamination without a valid reason will receive a zero grade for that exam. No one will be excusedfrom the final exam.The midterm and final examinations will contain multiple choice (80%), and problem-solving, orshort answer (20%), sections. For example, a midterm will consist of 40 multiple-choice questionsworth 4 points each, or 160 points, 2 problems or short answer questions worth 20 points each, or40 points, for a total of 200 points. The problems and short answer questions will typically requiregraphical, numerical and/or a brief verbal analysis, and be no more than one page in length each.Your grade in Economics 201 will be determined as follows: Total Maximum Points 4 Homework Assignments @ 15 points each 60 ( 10 %)4 Quizzes @ 20 points each 80 ( 14 %)Computer Project 60 ( 10 %)Midterm Examination 200 ( 33 %)Final Examination 200 ( 33 %) Total Course Points 600 (100 %)Grading Scale Total Accumulated Points Course Grade 90 - 100% 540 - 600 A- to A 80 - 89% 480 - 539 B- to B+ 70 - 79% 420 - 479 C- to C+ 60 - 69% 360 - 419 D- to D+ Below 60% 0 - 359 F Your grade in Economics 201 is thus determined solely on the criteria described above, not on thebasis of “need” or special circumstances. There will be no extra credit opportunities to raise yourgrade. Incompletes are strictly forbidden in this course except in highly extraordinary andunavoidable circumstances. Please immediately consult university policy and specific dates to dropa class. You are expected to adhere to university drop policies. The instructor will make noexceptions unless highly extraordinary and unavoidable circumstances should prevail. Studentstaking the class on a pass/no pass basis must complete all course requirements. To receive a Passgrade you must earn a C in the course overall.Computer Project and Course SurveyEach student will complete one of two computer projects. Due dates for the projects are listed inthe course syllabus. Late computer projects will not be accepted since the answer keys will beposted on the course website the day they are due. Students should make a Xerox copy of thisassignment for review purposes.Economics 201 Page 3Fall, 2002Homework AssignmentsStudents will be given one week to complete each of 4 homework assignments. The homeworkassignment dates are listed in the course syllabus. Late homework assignments will not beaccepted since the answer keys will be posted on the course website the day they are due.Students should make a Xerox copy of their assignments so that they