Course Syllabus

Spring 2024 | ECO-2030-VO01 - Microeconomics

Online Class

Online courses take place 100% online via Canvas, without required in-person or Zoom meetings.

Faculty

Theresa Strong
View Faculty Credentials
View Faculty Statement
Hiring Coordinator for this course: Deb Grant

General Education Requirements

VSCS Social Sciences

Note

Many degree programs have specific general education recommendations. In order to avoid taking unnecessary classes, please consult with additional resources like your program evaluation, your academic program catalog year page, and your academic advisor.

Courses may only be used to meet one General Education Requirement.

Course Description

This course is an introduction to the nature and study of microeconomic theory. Students will examine basic concepts of the discipline including supply and demand within markets, tax policy in the United States, monopolies and antitrust law, and a broad range of international economic principles. Basic algebra skills are required.

Essential Objectives

1. Explore the development of microeconomics as a social science, explain fundamental principles and theories of microeconomics that are predictive of human behavior, and apply these theories to contemporary economic issues.
2. Examine the impact of human social, cognitive, and emotional behaviors on economic decisions of consumers and firms, and discuss the impact of this behavior on market prices, growth, returns, and resource allocation.
3. Explain how prices are determined in market economics and how they influence consumption and production decisions.
4. Employ microeconomic theories and analytical tools to analyze national economic policies including tax policy, government regulation, labor markets and unions, government provision of public services, and pollution and environmental protection policy, and discuss the impact of these policies on behavior of individuals, organizations, and firms.
5. Compare capitalism with other economic systems and analyze current world economic development in the context of comparative economic systems.
6. Analyze the impact of the globalization of trade including issues of free trade, trade barriers and restrictions, and international finance.
7. Examine current research and analytical methods in microeconomics and explain how economists apply these methods to analyze and respond to real world events.
8. Explain how microeconomic theory has contributed to and/or been used to create, maintain, or dismantle systemic social inequities.

Required Technology

More information on general computer and internet recommendations is available on the CCV IT Support page. https://support.ccv.edu/general/computer-recommendations/

Please see CCV's Digital Equity Statement (pg. 45) to learn more about CCV's commitment to supporting all students access the technology they need to successfully finish their courses.

Required Textbooks and Resources

This course uses one or more textbooks/books/simulations.

Spring 2024 textbook details will be available on 2023-11-06. On that date a link will be available below that will take you to eCampus, CCV's bookstore. The information provided there will be specific to this class. Please see this page for more information regarding the purchase of textbooks/books.

ECO-2030-VO01 Link to Textbooks for this course in eCampus.

The last day to use a Financial Aid Advance to purchase textbooks/books is the 3rd Tuesday of the semester. See your financial aid counselor at your academic center if you have any questions.

Methods

Assignments:

1. End of chapter activities will be assigned weekly to reinforce material the text. All assignments will be completed and submitted using MyEconLab.
2. Exams: Two exams will be given – the midterm and final exams. The midterm exam will be on chapters 1-10 and the final exam (not cumulative) will be on chapters 11-20. The exams will be timed at 5 hours (300 minutes) each in order to give you ample time. These two exams will be taken using MyEconLab.
3. Discussion Boards: Each week you will have a discussion board to participate in where you are required to post a total of three times (one original post by Thursday at 11:30 pm and two replies by Sunday at 11:30 pm).

Evaluation Criteria

Discussion Boards: 20%

MyEconLab Weekly Assignments: 50%

Midterm Exam: 15%

Final Exam: 15%

Total: 100%

Grading Criteria

CCV Letter Grades as outlined in the Evaluation System Policy are assigned according to the following chart:

	High	Low
A+	100	98
A	Less than 98	93
A-	Less than 93	90
B+	Less than 90	88
B	Less than 88	83
B-	Less than 83	80
C+	Less than 80	78
C	Less than 78	73
C-	Less than 73	70
D+	Less than 70	68
D	Less than 68	63
D-	Less than 63	60
F	Less than 60
P	100	60
NP	Less than 60	0

Weekly Schedule

Attendance Policy

Regular attendance and participation in classes are essential for success in and are completion requirements for courses at CCV. A student's failure to meet attendance requirements as specified in course descriptions will normally result in a non-satisfactory grade.

• In general, missing more than 20% of a course due to absences, lateness or early departures may jeopardize a student's ability to earn a satisfactory final grade.
• Attending an on-ground or synchronous course means a student appeared in the live classroom for at least a meaningful portion of a given class meeting. Attending an online course means a student posted a discussion forum response, completed a quiz or attempted some other academically required activity. Simply viewing a course item or module does not count as attendance.
• Meeting the minimum attendance requirement for a course does not mean a student has satisfied the academic requirements for participation, which require students to go above and beyond simply attending a portion of the class. Faculty members will individually determine what constitutes participation in each course they teach and explain in their course descriptions how participation factors into a student's final grade.

Participation Expectations

To earn full participation points for the week, students should:

• Read the assigned material and demonstrate an understanding of those resources in your assignments and posts.
• Post an original response to the weekly prompt(s) before Friday at 11:30 pm and two responses to your peers by Monday at 11:30 pm. You are welcome to post more frequently, as your schedule allows, but you will not receive full credit if you do not meet these minimum requirements and/or deadlines.
  • Posts should be substantive and demonstrate college-level writing. A substantive post is well-developed, contains no spelling or grammatical errors, and uses a professional tone and language. A substantive post is NOT one or two sentences of general statements or unsupported opinion.
• Complete the weekly MyEconLab assignments by Monday at 11:30 pm.

Missing & Late Work Policy

Late Assignments/Missing Exams:

I only accept late assignments unless prior notice is given, or an emergency arises. If an emergency does come up, please contact me via email at your earliest convenience. Late assignments and/or exams that are not completed before the deadline will be handled on a case-to-case basis.

Please contact me as soon as you realize you may not make the deadline. The first week is flexible due to late books, latecomers to class, etc. Starting with the second week we will stick to this process and if you are submitting late for any reason - you had to work late, you are sick with a cold, you are on vacation, you simply forgot - you need to let me know ASAP and it will be handled on a case-to-case basis.

Accessibility Services for Students with Disabilities:

1. Provide disability documentation to the Accessibility Coordinator at your academic center. https://ccv.edu/discover-resources/students-with-disabilities/
2. Request an appointment to meet with accessibility coordinator to discuss your request and create an accommodation plan.
3. Once created, students will share the accommodation plan with faculty. Please note, faculty cannot make disability accommodations outside of this process.

Academic Integrity