IRVINE VALLEY COLLEGE

 

MARTHA STUFFLER
 

PROFESSOR of ECONOMICS
 SOCIAL and BEHAVIORAL SCIENCES
DEPARTMENT OF ECONOMICS

Email Mstuffler@ivc.edu   Phone 949-451-5759

 

                                                                                                                   

ARTICLES

5 MINUTE UNIVERSITY

ONLINE COURSES and    
ORIENTATION VIDEO


  HOW TO FOWARD YOUR
  IVC EMAIL ACCOUNT 

CLASS PICTURES

CWE
(Cooperative Work Experience)

MICRO  SYLLABUS   

MACRO SYLLABUS

MACRO PREDICTIONS

STATS FOR
BUSINESS & ECONOMICS

OC COLI

INSTRUCTOR BIO

ECONOMIC LINKS

ECONOMICS DEPARTMENT
 HOME PAGE

IVC HOME PAGE

MARTHA STUFFLER'S HOME PAGE

 

 

 

COURSE NAME:  Economics 1 Microeconomics for IVC 8 WEEKS                                     Martha Stuffler
COURSE ID: stuffler56284                                                                 
Web Page: http://faculty.ivc.edu/mstuffler 
Office B262A                                                                         
Course Sites:  http://www.coursecompass.com
Telephone:  (949) 451-5759                                                                    and http://www.myeconlab.com

                                       ONLINE 8 WEEK FALL MICROECONOMICS COURSE SYLLABUS

This course offers an introduction to the concepts and tools of economic analysis.  The course studies price theory, including supply and demand, marginal analysis, utility, cost and revenue concepts, perfect and imperfect competition, production, and factor markets. Economic principles are applied to the analysis of such problems as industrial organization, the environment, public decision-making processes, and international trade. 

We employ basic mathematical skills and use graphs extensively in this course.  MyEconLab exercises will help you learn and develop graphing and graphical analysis skills. 

STUDENT LEARNING OUTCOMES

Upon completion of this course, you will be able to:

1.         Define the economic problem of scarcity and explain how it relates to the concepts of choice and economizing.

2.         Explain how a price system functions in providing information and incentives and in distributing income.

3.         Describe the interactions of the private and public sectors in the economy.

4.         Use supply and demand model to describe how prices are established in a market system.

5.         Apply marginal analysis to the output decisions of firms in both perfectly competitive and imperfectly competitive markets.

6.         Define and provide examples of externalities, public goods, the distribution of income, and public decision making processes. 

REQUIRED MATERIALS

You will need the textbook Principles of Microeconomics, 8th Edition by Karl E. Case and Ray C. Fair, 2007 with a MyEconLab Student Access Kit, two Scantron forms 882 for the two on-campus exams, a computer capable of accessing the internet, Internet access, and a basic calculator.  The textbook, Scantron forms and calculator are available at the Irvine Valley College bookstore.  The text contains reading materials and the Student Access Kit gives you the code necessary to access the required online resources. 

Further, you will need to have basic Internet skills to be successful in this online course.  If you need to review any of the basics, please go to the Microsoft web site and brush up on these necessary skills.

COURSE CALENDAR

Classes start on the first Monday of the semester.  For course purposes, each week will begin on Monday at 12:01 a.m. and end on Sunday at midnight.  We will cover approximately one textbook chapter each week, except during the 12 week summer semester when we will often cover two chapters.  The detailed course schedule is the last page of this syllabus.  You are free to work ahead of the schedule whenever you wish.  While this course is designed so that students may work at their own pace, the course schedule lists the recommended dates that you should complete specific items.  If you fall behind, it is very difficult catch up and to be successful in the course.

GRADING:                                          Points Possible        

     On-campus Exam 1              100              

     On-campus Exam 2              100              

     Six Online Quizzes                100              

                           Total                300 points  = 100.00 %  

 Your final grade will be determined on a percentage basis of the total 300 points.  Students taking this class for Credit/No Credit must receive 70% or more of the total possible grade points to obtain credit for the class.

                            A (90% or higher)

                            B  (80% but less than 90%)

        C  (70% but less than 80%)

        D (60% but less than 70%)

        F  (Less than 60% or for cases of academic dishonesty)

The instructor retains graded materials for 90 days after grades have been posted.  If you wish to review these materials, you must contact the instructor before this date.  

ONLINE QUIZZES

There will be six Online Quizzes during the semester.  Each Online Quiz will cover the two preceding chapters and should be completed no later than the date shown on the Course Schedule.  The suggested due date for quizzes is Sunday of the week when the second chapter is assigned.  You will be able to access your books and notes for these Online Quizzes.  However, for on-campus exams you will not be able to access your books and notes, so you will need to learn and be able to recall the course material.

While you may complete the Online Quizzes when you wish, please note there is a semester deadline for the online quizzes.  To allow you time to prepare for Exam 2, ALL ONLINE QUIZZES FOR THIS COURSE MUST BE COMPLETED BY OCTOBER 16TH AT 11:55 p.m.  THERE WILL BE NO EXCEPTIONS TO THIS DEADLINE FOR ANY REASON.  You are cautioned not to wait until the last few minutes on October 16th because there are many unforeseen events that may prevent you from finishing by the required deadline causing you to lose valuable points.  These unforeseen events range from power failures, to Course Compass system locking you out of the quiz, to your computer or software failure.  Please try to keep on schedule to gain the benefit from these assessments and to avoid getting behind in the course.

Online Quizzes are available in the Course Documents area of CourseCompass or may be accessed through MyEconLab. These online quizzes are not timed, thus you may work at your own pace to complete these quizzes.  However, you are allowed only one attempt and must finish each Online Quiz once you have started to take the quiz.  Your quizzes are automatically scored and you will be able to view your grade immediately upon completion.  Although the quiz questions are shown one at a time, please be aware that you may backtrack to a previous question or skip forward to the next question by using the scroll bar at the bottom of the quiz.  Do not use the back button on your browser, or you will be locked out of the quiz.

You are on your honor to take each Online Quiz by yourself and keep the quiz information to yourself.  Sharing Online Quiz information with other individuals is considered cheating and could cause you to fail the class. 

EXAMS

Exams are application-oriented and in-depth and may use multiple choice, short-answer, essay, and graphical analysis based on textbook material covered and if assigned, outside readings.  You will not be able to use your books or notes for these exams, but an exam review will be posted that outlines key concepts to be tested.

There are two exams for this course which must be completed on-campus in CLASSROOM B401.  You will have two opportunities to complete each exam: 

Exam 1:   Friday, September 19, 2008 from 6:00 p.m. to 8:00 p.m. or

                 Saturday, September 20, 2008 from 10:00 a.m. to 12:00 p.m.

Exam 2:   Friday, October 17, 2008 from 6:00 p.m. to 8:00 p.m. or

                 Saturday, October 18, 2008 from 10:00 a.m. to 12:00 p.m.

You must bring a photo ID, a Scantron form 882, a calculator, a number two pencil and eraser to each exam.  If you do not show a picture ID, you will not be allowed to complete the exam.  The classroom to be used for each examination date will be announced during the semester. 

The instructor does not give make-up exams for any reason.  However, if your schedule does not work with the dates and times shown above, there is an alternative.  You may use the IVC Testing Center on campus to complete either or both of your on-campus exams.  You may go to www.ivc.edu/testing to access information about the Center’s days and hours of operation, as well as, the location of the Center.  The Testing Center personnel have copies of your two exams so that you may arrange with them to complete either or both of your exams at the Testing Center.  You do not need to let me know, but it is your responsibility to contact them directly and schedule your exam.  You will have up to two hours for each Exam and will not be able to use books, or notes, but will be able to use a calculator.  Remember to bring a Scantron form.  If you choose to use the IVC Testing Center, you will be required to pay a $15 fee for a two hour exam.  The Testing Center is a for-profit enterprise on the IVC campus that is separate from Irvine Valley College.

You may choose to complete your two exams on the regularly schedules dates or at the Testing Center on dates that you select.  To clarify, I do not care when you complete either exam, but both must be complete no later than October 18th at 12:00 p.m. Pacific Time.  THERE WILL BE NO EXCEPTIONS TO THIS COURSE REQUIREMENT; YOU MUST COMPLETE EACH EXAM ON CAMPUS NO LATER THAN THE SPECIFIED DATE.   

WEEKLY ASSIGNMENTS:

Refer to the Course Schedule in Course Documents for the assigned chapter, and then click on the specific folder for that chapter to access the online learning resources for that chapter.

1.  Preview the chapter by reading the learning objectives, and then read the assigned chapter from the eText or from your hard copy of the text. You should also go through the Power Point slide presentation for your chapter. This may be done, at your discretion, either before or after you read the chapter.

2.  When you feel comfortable with the chapter material, for practice complete the Self-Study Quiz in CourseCompass. If you do well and understand the items that you missed, you should click on Study Plan on the left side of the screen. You will now enter MyEconLab and should click on the assigned chapter to access the practice exercises in the Study Plan. Complete all of the available exercises for your assigned chapter to practice the concepts and to reinforce your learning. You will receive immediate feedback as you complete these exercises.

Note: the eStudy Guide also presents learning objectives, applications and problems, some of which are quite challenging to help you master the course material. I consider your use of the eStudy Guide as optional, but is recommended if you need more practice items.

3.  From the Study Plan, click on sample tests at the top of the page or from MyEconLab Home, click on See All Assignments on the right side of the page. There are several sample tests for each chapter to give you practice applying the concepts. You will receive immediate feedback as you complete these sample tests. Your sample tests results will highlight any areas you need to review. When you are able to complete the sample tests with at least 70% accuracy, you are ready to move on to the next chapter

4.  You have 6 graded Online Quizzes to complete for this course with about two chapters per quiz. Make sure to check the Course Schedule so that you know the recommended dates for each Online Quiz. When assigned, go to Course Documents, click on Online Quizzes in MyEconLab and complete each Online Quiz in a timely manner as shown on the Course Schedule. After completion of each quiz, review your results to determine where you may need more study to prepare for the exams.

5.  If you have questions about the course, the Student Blog is a good place to post questions and discuss course material with your classmates. The Student Blog is accessed by clicking Communication, then Discussion Board, then Student Blog to post your item. Instead of emailing such questions to the instructor, first post your question on the Student Blog and let your classmates help you answer the question. This process allows you to communicate with classmates as you would in a traditional classroom environment. If you and your classmates are not able to resolve your question through the Student Blog, you should contact the instructor for guidance.

Remember, you are expected to log on to the course at a minimum of twice per week. Online courses move swiftly and if you miss too many days, you may find yourself lost. Please try to keep up with the weekly assignments and complete the Online Quizzes by the recommended date.

STRATEGIES FOR SUCCESS:  

To succeed in this course, you should complete these steps each week:

1.         Weekly login to the Course Web Site, read any announcement posted by the instructor and review the course schedule for the assigned material for that week.

2.         Read the learning objectives to gain the overall concepts under review.

3.         Work through the series of steps utilizing graphs and analytical tools, concept checks, review terms and concepts, problem sets and practice quizzes to complete.  It is important that you read through each discussion before you do the practice exercises.  Carefully look at each graph and each illustration to reinforce concepts presented. 

        4.          If you are having any difficulties with the material, go to the Student Blog and post a question for your classmates.  Remember to check back to Blog to review responses to your question.

        5.          When you are confident that you understand the material, complete the practice exercises and sample tests in MyEconLab for the assigned chapter.  Your sample tests results will highlight any areas you need to review.  When you are able to complete the sample tests with at least 70% accuracy, you are ready to move on to the next chapter.

6.           When assigned, go to Course Documents, click on Online Quizzes and complete each Online Quiz in a timely manner as shown on the Course Schedule.  After completion of the quiz, review your results to determine where you may need more study to prepare for the exams.  

        7.           Be patient!  It takes practice and time to master economic principles.  You will find this course material demanding and challenging to learn regardless if it is taught in a traditional classroom or in the distance education modality.  Remember:  You should be spending a minimum of 18 hours per week in home study for this 3 unit 8 WEEK online course

TECHNICAL PROBLEMS:

If you can't connect to the Internet, call your Internet service provider.

If your computer crashes, either call the computer manufacturer or the business from whom you bought the computer. 

If you have trouble registering, logging in, or with CourseCompass or its components, you can contact Pearson Education Customer Technical Support:

·               Web site:  http://247.support.pearsoned.com/

·               Email: http://247.support.pearsoned.com/email/index.asp

·               Phone:  1-800-677-6337 (Monday–Friday 8:00 a.m.–8:00 p.m. ET; Sundays 5:00 p.m.–12:00 a.m. ET)
 

If you can't login and participate in class because of technical problems for over 48 hours, email me. 

This course requires you to have a computer, an Internet service provider and Internet access.  If for any reason you lose the use of any of these resources, it is your responsibility to find another source so that you are able to complete the requirements of this course.  If it should become necessary, Irvine Valley College provides computers for student use in the Library. 

QUESTIONS OR PROBLEMS/RESPONSE POLICY 

If you have questions, problems or concerns regarding course material, do not email me directly.  Most questions or problems about the course and assignments can be answered by your classmates.  Post those items to the Student Blog Discussion Board in the Communication area of CourseCompass.  That way, all students see your questions or problems and have the chance to respond to emulate the traditional classroom. 

If you have a personal problem which you do not wish to share with other students, you may email me directly.  I plan to check my email for this course during my office hours as well as during the week.  If you email me after these hours, do not expect a response until the following period.  I may respond sooner, but do not expect it. 

IMPORTANT:  When you send me email, please put your first and last name and your course name and in the “Subject” line of your email.  For example:  Becky Smith Micro or James Johnson Macro.    Your email should also include:    

      1.  Your full first and last name.     

      2.  Your student ID number

      3.  Your IVC email account address.    

      4.  A phone number where I can reach you if needed.

ONLINE ETIQUETTE

Online etiquette is extremely important.  We must show respect to one another at all times.  Rudeness and disrespect will not be tolerated in this course.  Please recognize that communication is rather “flat” online where we cannot see and hear each other.  So be cautious when using sarcasm or negative statements.  Familiarize yourself with “smileys” or other online icons that show emotion, so that you lessen the risk of offending the person with whom you are trying to communicate.  Whenever possible, give constructive criticism and treat others the way you would like to be treated.  For more information see:  http://archive.ncsa.uiuc.edu/Edu/ICG/pt1.ch2.Etiquette.html.   

CONFIDENTIALITY POLICY

The communications within this class should stay within it.  Like any class, we are a community and we need to treat each other with respect.

STUDENT COMMITMENT

You should allocate adequate time each week for reading the course materials, working with the online resources, and completing the online quizzes.  You will be responsible for keeping up to date with all assignments and assessments.  You should also be respectful of your fellow students at all times.  Online courses take at least as much time to complete successfully as traditional courses so please plan accordingly.  A three unit 8 week course requires an average of 18 hours per week in home study.  Remember, you are solely responsible for the completion of the course requirements.  Each assignment, computer activity, quiz and exam is your responsibility to complete in a responsible way and in a timely manner.

To determine if you are a suitable candidate for the online course modality, you may wish to complete the online surveys at http://www.pbs.org/campus/003_Advice/003-06.html and at http://www.vto.vt.edu/survey.php.

The instructor does not drop students from the course.  If you decide to drop the course, it is your responsibility to drop the course through Admissions and Records.  Deadlines for dropping courses are shown in the class schedule.  Any student who does not complete the course and does not drop the course will earn the grade of "F".

INSTRUCTOR COMMITMENT

Other than the orientation and the two on-campus exams, there are no live class discussions scheduled for this course. However, I will be available for live class discussions of questions or problems during my office hours.  Please refer to the syllabus or the Staff Information in CourseCompass for times and methods of contacting the instructor.   

As your instructor, I will follow the course outline as detailed in this syllabus.  If any changes are required I will announce them well in advance to give you time to adjust.  You can count on my availability during office hours, and you have the right to expect prompt responses to your questions, comments, and requests. I will grade your work in a timely manner and return it to you with constructive commentary.  In this distance learning course, you will receive at least the same attention and care you would find in a traditional class.

HONESTY AND INTEGRITY STATEMENT

Honesty and integrity are very important in higher education.  This standard pertains to what is created as well as, to what is spoken or written.  To claim to have created something that is not entirely your own work is a violation of academic and personal integrity.

Cheating is the unauthorized giving or receiving of information in examinations, quizzes, assignments or other exercises.  If someone else takes online quizzes in your name, this is also considered cheating and will result in the student earning an F in the course and the instructor filing a report with the Dean of Students.

Students should read and understand this syllabus, the criteria for Academic Dishonesty discussed above, and the Student Code of Conduct in the class schedule.   


 

MICROECONOMICS COURSE SCHEDULE*

 

Date/Week

  Quiz or Exam

          Assignment

August 25

 

Orientation, post biography to Student Blog, email instructor
Chapter 1 – The Scope and Method of Economics

Chapter 2 – The Economic Problem:  Scarcity and Choice

August 31 ONLINE QUIZ 1:  Chapters 1 and 2

September 1

 

Chapter 3 – Demand, Supply and Market Equilibrium

Chapter 4 – Demand and Supply Applications

September 8

 

Chapter 5 - Elasticity

Chapter 6 – Household Behavior and Consumer Choice
                    (NOTE: We are not covering Indifference Curves)

September 14

 √

ONLINE QUIZ 2:  Chapters 3, 4 & 5

September 15

 

Chapter 18 – International Trade, Comparative Advantage, and
                     Protectionism

September 17

ONLINE QUIZ 3:  Chapters 6 and 18

September 19 Friday or

September 20 Saturday Classroom B401

 ON CAMPUS EXAM 1:     Chapters 1-6,  and 18
                   Friday 6:00 p.m. to 8:00 p.m. or
                   Saturday 10:00 a.m. to 12:00 p.m.

September 22

 

Chapter 7 –The Production Process:  The Behavior of Profit Maximizing Firms (NOTE:  We are not covering Isoquants and Isocosts)

Chapter 8 – Short Run Costs and Output Decisions

September 28

ONLINE QUIZ 4:  Chapters 7 and 8

September 29

 

Chapter 9 – Long Run Costs and Output Decisions and
Chapter 10 – Input Demand:  The Labor and Land Markets

October 5

ONLINE QUIZ 5:  Chapters 9 and 10


October 6

 

Chapter 12 – General Equilibrium and the Efficiency of                                  
                      Perfect Competition  and
Chapter 13 – Monopoly and Antitrust Policy

October 12

ONLINE QUIZ 6:  Chapters 12 and 13

October 13

 

Chapter 14 – Monopolistic Competition and Oligopoly

October 16

ONLINE QUIZZES 1 THROUGH 6 MUST BE COMPLETED TODAY
NO LATER THAN 11:55 P.M.  NO EXCEPTIONS FOR ANY REASON

October 17 Friday or October 18 Saturday Classroom B401

 ON CAMPUS EXAM 2:     Chapters  7-10, 12-14 
                                 
Friday 6:00 p.m. to 8:00 p.m. or
                          Saturday 10:00 a.m. to 12:00 p.m. 

*      Instructor reserves the right to modify or change any item on the course syllabus or this schedule to satisfy the class needs.

√     Important assessment dates.