Review questions with answers and detailed solutions are an integral part of the course. These are located online at: http://employees.oneonta.edu/beckei  and can be accessed by clicking on the link below:
Economics 110 Review Questions

Individual student grades and class announcements are available by enrolling in this course in the Angel Learning Management Suite. To access the Angel website, go to:  http://angel.oneonta.edu

Text: Baumol & Blinder, Economics: Principles and Policy, 11th edition, South-Western Cengage Learning
For students using the old 10th edition: go to:  E110F2008CourseOutline-sect1-10thEd.html

College Catalog Description: An introductory course dealing with resources, goals, and institutions of our economic system. Topics discussed include: scarcity and opportunity cost, laws of supply and demand, competition and monopoly, unemployment and inflation, elements of the theory of income and employment, government fiscal policy, money and banking, monetary policy, and international trade. (LA, S2)
Note: If ECON 110, 111, and 112 are taken, an additional 3 s.h. will be required to graduate.

Course Objectives: The course seeks to develop student understanding of the major forces which shape our economy. Both microeconomic factors, examining individual markets, and macroeconomic factors,    examining domestic and international influences on the nation's overall level of economic activity, will be studied. A primary focus will  be to foster an appreciation of the economic interaction among consumers, businesses, government, and the Federal Reserve Bank.
 
 

Tentative Date	Topic	Assignment
August 28 & September 2	Introduction: What is Economics?	Chapter 1 (omit Appendix)
September 4	Scarcity and Choice	Chapter 3
September 9, 11, & 16	Supply and Demand in Microeconomics	Chapter 4
September 18	Aggregate Supply & Demand in Macroeconomics	Pages 467–471  of Chapter 22
Tuesday, September 23	EXAM  I  8:00 AM - 9:45 AM
September 25	Money & Real Gross Domestic Product	Pages 471-485 of Ch. 22 + Pages 511-513
September 30 & October 2	Unemployment and Inflation	Pages 495 – 509 of Chapter 23
October 7 & 14	Consumer Spending and Aggregate Demand	Chapter 25 (omit Appendix)
October 16	Government Fiscal Policy	Pages 611 (bottom) – 617 of Chap. 28
Tuesday, October 21	EXAM II  8:00 AM - 9:45 AM
October 23 & 28	Money and the Banking System	Chapter 29
October 30 & November 4	Federal Reserve Bank Monetary Policy	Pages 645 – 655  of Chapter 30
November 6 & 11	International Trade, Comparative Advantage, & Exchange Rates	Chapter 34 (omit Appendix) + Pages 745-749  of Chapter 35
Thursday, November 13	EXAM III  8:00 AM - 9:45 AM
November 18 & 20	Demand and Elasticity	Pages 107 – 116  of Chapter 6
Thanksgiving Vacation Week
December 2, 4, 9, & 11	Marginal Analysis & Profit Maximization	Chapter 8 (omit Appendix)
Thursday, December 18	COMPREHENSIVE FINAL EXAM (8:00 AM - 10:30 AM)

GRADING PROCEDURES

Exam 1 = 25%
Exam 2 = 25%
Exam 3 = 25%
Final Exam = 35%

The exam on which you receive your lowest grade will have its weight automatically reduced by 10% from the above values so that the total weights will sum to 100%.

Final Average of:

94.50 or above = "A" for course
89.50 - 94.49 = A-
86.50 - 89.49 = B+
82.50 - 86.49 = B
79.50 - 82.49 = B-
75.50 - 79.49 = C+
69.50 - 75.49 = C
65.50 - 69.49 = C-
62.50 - 65.49 = D+
57.50 - 62.49 = D
54.50 - 57.49 = D-
Below 54.50 = E

Notes: 1. Strong classroom participation or improvement in exam performance may result in a course grade higher than that indicated on the above grid.
         2. Voluntary participation in Dr. Xu’s Marketing research project will increase your final average by 3%.
         3. Enrollment in subsequent Economics and Business courses in which this class is a prerequisite, such as Marketing 261, requires a grade of C or better in this class.
         4. College course withdrawal deadline is 10/28/08. All students enrolled in the course after 10/28/08 must be assigned a grade.

Attendance is expected but is not taken on a daily basis.

Appropriately documented college-approved reasons for missing exams will be honored. In such cases, a make-up exam will be given. The student must notify the instructor as soon as possible to arrange to take the make-up exam.

Office: 227 Netzer Administration Building    Phone: 436-3695

Office hours (If possible, call the Division secretary at 436-3458 to reserve an appointment during these times):
 

You may contact me by email at any time. Email may be accessed by clicking on the link below:
mailto:beckei@oneonta.edu

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