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Web Schedule Fall 2021

Revision Date: 18-Aug-21

ECO-2030-VO03 - Microeconomics

Online Class

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

Synonym: 210551
Location: Online
Credits: 3 (45 hours)
Day/Times: Meets online
Semester Dates: 09-14-2021 to 12-20-2021
Last day to drop without a grade: 10-03-2021 - Refund Policy
Last day to withdraw (W grade): 11-11-2021 - Refund Policy
Faculty: Daniel Alcorn | View Faculty Credentials
This course has started, please contact the offering academic center about registration

This section meets the following VSC General Education Requirement(s) for Catalog Year 21-22 and later:
Social Sciences
  1. 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.
  2. Courses may only be used to meet one General Education Requirement.

Browse the Canvas Site for this class.

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.


ECO-2030-VO03 Link to Textbooks for this course in eCampus.

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

Contact Faculty:

Email: Daniel Alcorn
Hiring Coordinator for this course: Lenard Wynn-Summers



ECO 2030 Microeconomics

Community College of Vermont

Professor Daniel P. Alcorn, MBA, MPA

ECO2030 - Microeconomics

Credits 3

This course is an introduction to the nature and study of micreconomic 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 board range of international economic principles. Basic algebra skills are required.

Prerequisites: Students must been basic skills policy Requirements. No other course prerequisites required.

CCV Catalog

Course Outcomes:

At the end of this course, students will be able to:

  • Properly explain supply and demand and describe their impact on a market.
  • Identify monopoly and summarize it's impact on a market.
  • Describe how a government can remedy market failures.


Every section has a prescribed checklist of activities required to successfully complete the lesson. Follow this checklist, in the specified order, to complete each lesson.

Section Chapters Requirements
1 Chapters 01-03 Discussion 01, Quiz 01
2 Chapters 04-07 Discussion 02,Quiz 02
3 Chapters 08-10 Discussion 03, Quiz 03
4 Chapters 11-14 Discussion 04,Quiz 04
5 Chapters 15-18 Discussion 05, Quiz 05
6 Chapters 19-22 Discussion 06, Quiz 06
7 Review Chapters 01-22 Discussion 07, Final Paper

Required Textbooks

Textbooks required for this course include:

  • Mankiw, G (2015). Principles of Microeconomics, (7th ed.). Boston, MA: Cengage.
  • Optional: Several Open Educational Resources (OER) links are located at the front page of this course.

Quizzes and Exams

ECO2030 includessix quizzes that cover the concepts from your textbook readings. There will be a total of 30 questions per quiz. The quizzes will be timed (one hour). You are only allowed to take the quiz one time. The quiz will auto-submit at the end of the time limit, even if you are not finished. A clock will show remaining time in the upper left block and feedback will be provided after your quiz is submitted. When you are finished with each group of questions click Next. Check the upper left to make sure you have answered all the questions or perform any reviews of questions. Submit your quiz using the Submit all and finish button.


The following table shows the graded assignment types contained within this course and the assigned weight to determine the final course grade.

Graded Assessment Type Points Weight (%)
Discussions (07 at20 points each) 140 total 28%
Quizzes (06 at 30 points each) 180total 36%
Final Paper 180 total 36%
Total 500 total 100%

Letter grades for the course will be based on the following grading scale.

Letter Grade Percentage Grade Point
A 93-100% 4.0
A- 90-92.9% 3.7
B+ 87-89.9% 3.3
B 83-86.9% 3.0
B- 80-82.9% 2.7
C+ 77-79.9% 2.3
C 73-76.9% 2.0
C- 70-72.9% 1.7
D+ 67-69.9% 1.3
D 63-66.9% 1.0
F Below 63% 0

For complete information on the Grading Policy, please refer to theCCV Online Catalog(Sub-Section of Catalog on "Grading")

Course Description

This is a fast-paced, online course. Your regular participation is essential to you passing this course. This includes participating in weekly discussions, and timely submissions of your written work.

Discussion Groups

You will be assigned to a small discussion group. Each week your group will have a graded discussion. The quality of your posts and those of your fellow students will create a lively discussion and ensure that a high level of learning occurs.

Your first post should be substantive (approximately 200-300 words) and should be made by Wednesday at the latest. It should answer the question using your own experiences, if appropriate, and, very importantly, it should refer to the readings of that week, using correct citations. For this course, we will use APA and there are helpful writing guidelines on the main course page for you to access when citing your sources.

Your second post should be responses to posts of your fellow group members. Responses such as, "Good point", or, "I agree" are not sufficient. Your response posts should be substantive: ask questions, point out additional thoughts, etc. Disagreement and critical feedback are part of an academic classroom, as is respect for the diversity of opinion.

Online Etiquette

A student's online behavior is expected to be professional, ethical, and in compliance with college rules and regulations.

Late Work

It is important that all written assignments and discussion posts be completed on time. Extensions will be given only for serious extenuating circumstances. In the absence of such extensions, assignments may be downgraded for lateness at the discretion of the instructor.

Academic Honesty

A student must submit work that represents the student's own original analysis and writing. Copying another's work is not appropriate. If the student relies on the research or writing of others, the student must cite those sources. Words or ideas that require citation include, but are not limited to all hardcopy or electronic publications, whether copyrighted or not, and all verbal or visual communication when the content of such communication clearly originates from an identifiable sources. While students are encouraged to seek editing feedback, extensive revisions of one's work by another person is considered a lack of academic honesty, as it is representing another student's work as one's own.

For more information see:

Academic Honesty Policy

Copyright Notice

The content of this seminar contains material used in compliance with the U.S. Copyright Law, including the TEACH Act and principles of "fair use". Materials may not be downloaded, saved, revised, copied, printed or distributed without permission other than as specified to completed seminar assignments. Use of these materials is limited to class members for the duration of the semester only.

Disability Compliance Policy - Americans with Disabilities Act (ADA)

Please consult theDisability Accommodation Policyfor instructions on obtaining an accommodation.

Last modified: Sunday, July 31, 2016, 3:03 PM

Accessibility Services for Students with Disabilities: CCV strives to mitigate barriers to course access for students with documented disabilities. To request accommodations, please

  1. Provide disability documentation to the Accessibility Coordinator at your academic center.
  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 Honesty: CCV has a commitment to honesty and excellence in academic work and expects the same from all students. Academic dishonesty, or cheating, can occur whenever you present -as your own work- something that you did not do. You can also be guilty of cheating if you help someone else cheat. Being unaware of what constitutes academic dishonesty (such as knowing what plagiarism is) does not absolve a student of the responsibility to be honest in his/her academic work. Academic dishonesty is taken very seriously and may lead to dismissal from the College.

Course description details subject to change. Please refer to this document frequently.

To check on space availability, choose Search for Classes.

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