Economics 110  Section 3. CRN #581 -  SCI 1 room 9  - TuTh  12 Noon – 1:15 PM

Principles of Economics

SUNY College at Oneonta

Mr. Beck

Fall  2009

Course Outline

Homepage

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 web site, 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:  E110F2009CourseOutline-sect3-10thEd.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.
Note:  Not for PACC, BSEC, and ECON majors. (LA, S2)

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.

Emergency Evacuation Procedures: In the event of an emergency requiring evacuation from SCI 1 room 9, please evacuate to Chase Gymnasium so that College officials can account for you. Please review the College's Emergency Evacuation Procedures and Shelter-in-Place Procedures at the following web link: http://www.oneonta.edu/security. All students are also encouraged to register for NY Alert for immediate notification of campus emergencies on or near the campus.
 
 
 Date
Topic
Assignment
August 27 & September 1
Introduction: What is Economics?
Chapter 1 (omit Appendix)
September 3
Scarcity and Choice
Chapter 3
September 8, 10, & 15
Supply and Demand in Microeconomics
Chapter 4 
September 17
Aggregate Supply & Demand in Macroeconomics
Pages 467–471  of Chapter 22
Tuesday, September 22
EXAM  I  12 Noon - 1:45 PM
September 24
Money & Real Gross Domestic Product
Pages 471-485 of Ch. 22 + Pages 511-513
October 1 & 6
Unemployment and Inflation
Pages 495 – 509 of Chapter 23
October 8 & 13
Consumer Spending and Aggregate Demand
Chapter 25 (omit Appendix)
October 15
Government Fiscal Policy
Pages 611 (bottom) – 617 of Chap. 28
Tuesday, October 20
EXAM II  12 Noon - 1:45 PM
October 22, 27, & 29
Money and the Banking System
Chapter 29
November 3 & 5
Federal Reserve Bank Monetary Policy
Pages 645 – 655  of Chapter 30
November 10
International Trade
Chapter 34 (omit Appendix)
November 12
Exchange Rate Determination
Pages 745-749  of Chapter 35
Tuesday, November 17
EXAM III  12 Noon - 1:45 PM
November 19 & December 1
Demand and Elasticity
Pages 107 – 116  of Chapter 6
December 3, 8, & 10
Marginal Analysis & Profit Maximization
Chapter 8 (omit Appendix)
Tuesday, December 15
COMPREHENSIVE FINAL EXAM
(2:00 PM - 4:30 PM)

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. Extra Credit: 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 Friday, 10/27/09. All students enrolled in the course after 10/27/09 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):
 

Monday 10 A.M. - 1 P.M.
Wednesday 10 A.M. - 3 P.M.
Thursday 2 P.M. - 5 P.M.                                      or by arrangement.


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

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