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Syllabus

ECO 105 – MACROECONOMICS

Semester – Fall 2017 2nd Session Online

Online Classroom– 3 CREDITS

 

Instructor

Ann Kuwik

 

Phone

570-955-1458

Office

114

 

E-mail

kuwika@lackawanna.edu

Office Hours

Tuesday & Thursday

2:00-3:30

 

 

 

Text: ECON Macro 5 William A. McEachern

Description:

This course is intended to introduce the student to the determinants of the level of income and employment in the economy. Macroeconomics, often referred to as general equilibrium analysis, is concerned with the problems of the economy as a whole rather than those of the individual firm. As an introductory course it is primarily concerned with developing the desire and aptitude for a continuing inquiry into this area of knowledge.

Objectives:

Upon successful completion of ECO105 the student will be able to:

  • Define the concepts of scarcity and costs, both implicit and explicit.
  • Describe the law of demand/supply and the determinants of demand/supply.
  • Analysis of how prices are determined.
  • Evaluate the current role of government and recognize fiscal policy and evaluate how government raises and spends funds and the effects those decisions have on the national/global economy.
  • Formulate the causes and types of both inflation and unemployment.
  • Evaluate classical employment theory, the employment theories of Keynes and the student will define how money is created, the importance of money in our economy, and types of money.
  • Summarize the Federal Reserve System and the board of governors, monetary policy, and the impact of the Fed on the national economy.

 *Become familiar with current events as they apply to the subjects discussed.

 

Required Activities: Specific readings and assigned problems are to be completed before each class. The student will be required to discuss these concepts in each class. The schedule can be found at the end of this syllabus.

 Attendance is defined by participating in an academic activity within the online classroom, which includes posting in a graded discussion forum or submitting a written assignment. Postings not related to the aforementioned activities will not count for attendance purposes.

 You are required to engage in discussion at least TWICE on FOUR days throughout the week for a total of EIGHT posts in all, minimum.

  • You should respond to the initial D.Q.s posted AND respond to your classmates.
  • Responses MUST be substantive. See the document titled Good Discussions in your Handouts and Links.
  • Responses that do not move the conversation forward by providing information to which others can respond and build upon will NOT be counted toward your weekly score.
  • Students who miss one week of discussion will be DROPPED from the course.
  • Students who do not log on to the course within the drop/add period for the course will be DROPPED from the course.

 

Evaluation

The final grade will be determined as follow:

Did student meet the required number of posts each week.

Are discussion questions answered in complete sentences?

Did each post contain content and supporting data, or fact to support each answer?

Did student turn in homework assignments on time.

Did student participate in group project

 

 

Online Course Attendance Policy

Students enrolled in credit-bearing courses at Lackawanna College will fail any course(s) in which they accumulate absences beyond the maximum number allowed. This pertains to online courses as well.

 

Attendance is defined by participating in an academic activity within the online classroom, which includes posting replies in a graded discussion forum or submitting a written assignment. Replies not related to the aforementioned activities will not count for attendance purposes.

 

 

# of Days Required for Discussion in an Online Course

Maximum # of Weeks Allowed without Discussion 

 

Twice on any four days in a week (8 total)

 

0

 

  • You are required to engage in discussion at least TWICE on FOUR days throughout the week for a total of EIGHT replies in all, minimum.
  • You should respond to the initial DQs posted AND respond to your classmates.
  • Responses MUST be substantive. See the document titled Good Discussions in your Handouts and Links.
  • Responses that do not move the conversation forward by providing information to which others can respond and build upon will NOT be counted toward your weekly score.
  • Students who miss one week of discussion will be DROPPED from the course.
  • Students who do not log on to the course within the drop/add period for the course will be DROPPED from the course. 

 

Online Course Discussion Policy

In order to understand, remember, and benefit from what we learn in class, discussion and interaction are critical. Responses such as, “I like what you said.” “I agree.” Or “Good thinking.” are NOT acceptable. Also, you should NOT simply repeat what someone else has already said.

You MUST reply no less than 8 times per week – twice on any four days.

Good Discussions in Handouts and Links will help you, but you should also use this rubric to gain all possible points for your contributions and, more importantly, to get the most out of our class discussion!

Online Classroom Discussion and Interaction Rubric

X points per week for a total of X points

 

 

What Should I Do?

Points Available

Did I do This?

Where?

Points Earned

Answer both Discussion Questions directly demonstrating a clear understanding of the material, support your response with research or reading, and promote conversation (2 replies)

2

 

 

 

Respond to at least two classmates’ posts (2 replies)

2

 

 

 

Continue both conversations with at least one additional reply to each peer (2 replies)

1

 

 

 

Respond to at least one of the teacher’s secondary questions, conversing with a classmate who responds to the same question (2 replies)

1

 

 

 

Be sure all responses are detailed and clear and are posted twice on four separate days.

1

 

 

 

Be sure that all responses relate to the course reading and notes, your own everyday life, or to both

2

 

 

 

Provides the class with a response that is non-generic and inspiring – meaning that they learn from what you have contributed and can continue the conversation

1

 

 

 

Use proper grammar, spelling, and netiquette

1

 

 

 

TOTAL POINTS for EACH WEEKLY DISCUSSION:

10

 

 

 

Withdrawal Policy

A student has the privilege of withdrawing from any courses or from the College itself without academic penalty up to and including the final date for withdrawal indicated on the College calendar.

To withdraw officially from a course or from the College, a student must obtain the proper withdrawal form from the Student Affairs Office or from your Center Director, complete this form and submit it to the Registrar's Office before the final day for withdrawal without academic penalty as indicated on the College calendar. If a student stops attending a course for which he/she is registered after the published census date (end of drop/add) without having officially withdrawn from the course, the student will be assigned an AW (penalty-grade failure) for the class. No exceptions will be made.

Students who violate the College's Academic Integrity Policy and fail a course in consequence may not exercise the withdrawal privilege in that particular course.

 

Financial obligations to the College will be determined according to the Refund Policy.

 

Instructor Policies

Student will adhere to all online policies.

Instructor has the final say

All papers are due on Sunday at the end of the week by 11:55 pm

Responses that contain 20 words or less will not count.

 

Grading

 

Letter Grade

Numeric Range

Quality Points

A

96 – 100

4.0

A-

90 – 95

3.67

B+

87 – 89

3.33

B

83 – 86

3.0

B-

80 – 82

2.67

C+

77 – 79

2.33

C

73 – 76

2.0

C-

70 – 72

1.67

D+

67 – 69

1.33

D

60 – 66

1.0

F

0 – 59

0

 

Due Dates and Late Penalties

The grace period for late assignments is as follows:

    • 1 day late-10% deduction off of the assignment grade
    • 2 days late-20% off of the assignment grade
    • 3 days late-the assignment will receive a grade of 0%
  • There will be no “extra credit.”

 Academic Integrity

Academic dishonesty in any form, such as plagiarism and cheating, will not be tolerated. Sanctions will include an automatic F for plagiarism, but the severity or frequency of the violation may result in dismissal from the College as well. Please see the Student Handbook for a complete explanation.

 

The following are among the forms of dishonesty, in a classroom of any type, for which sanctions may be applied:

  • Using books, notes or other materials during an examination, unless expressly permitted;
  • Using purchased essays, term papers or preparatory research for such papers;
  • Copying others' work or engaging in unauthorized cooperation during an assignment or examination;
  • Allowing another student to copy from an examination or other assignment intended to be performed independently;
  • Borrowing from published works, whether material is taken verbatim or with minor alterations, without proper and/or sufficient acknowledgment;
  • Submitting as one’s own work originally done by someone else;
  • Submitting the same written report in more than one course without prior approval from the instructor(s) involved;
  • Stealing examinations or assignments;
  • Supplying or selling examinations or assignments;
  • Misrepresenting statements concerning work submitted;
  • Falsifying or fabricating experimental data or results;
  • Falsifying or fabricating the need for extensions on papers or make-up examinations.
  • Misrepresenting identity in an online course

 

(Please see student handbook for more information)

 

Disability Statement

Lackawanna College is an Affirmative Action, Equal Employment Opportunity institution.  Students with disabilities and other needs should feel free to contact the instructor privately if there are services and adaptations which can be made to accommodate specific needs.  Students who are having difficulties with class material are strongly advised to seek assistance in the reading and writing lab.  If you feel that you have a disability that has not been formally documented, you may meet with Mrs. Christine Kiehart in the Disability Services office to discuss your options. Please note that disability services do not include exemption from participation requirements in courses considered part of the School of Distance Education, including online and hybrid courses.

 

Lackawanna College Notice of Nondiscrimination

 

Lackawanna College will not discriminate in its educational programs, activities, or employment practices, based on race, color, national origin, sexual orientation, disability, age, religion, ancestry, union membership, or any other legally protected classification. Announcement of this policy is in accordance with State Law including the Pennsylvania Human Relations Act and with Federal Law including Titles VI and VII of the Civil Rights Act of 1964, Title IX of the Education Amendments of 1972, Sections 503 and 504 of the Rehabilitation Act of 1973, the Age Discrimination Act of 1975, and Americans with Disabilities Act of 1990.

 

Title IX of the Education Amendment of 1972 is a federal civil rights law that prohibits discrimination on the basis of sex in federally funded education programs and activities. Lackawanna College is committed to providing an educational and work environment that is free from unlawful sexual discrimination including sexual harassment, sexual violence, and gender based harassment. 

 

In accordance with Title IX of the Education Amendments of 1972, Lackawanna College will not tolerate any forms of sexual misconduct including but not limited to: sexual harassment, sexual assault, sexual violence and gender-based harassment by employees, students or third parties. This includes prohibiting discrimination against pregnant and parenting students. The College also prohibits retaliation against any person who makes a claim of discrimination or harassment or who provides information in such an investigation. This policy applies to admissions, employment, treatment and access to all programs and activities that take place either on or off the campus at Lackawanna College. 

 

Lackawanna College will fully and promptly investigate all allegations of sexual misconduct and will take action reasonably designed to resolve the complaint in an equitable manner, end a hostile environment if one has been created, prevent its recurrence, and, when appropriate, take steps to remedy its effects on individuals and the college community.

Lackawanna College complies with Title IX and all other federal laws and regulations that prohibit discrimination in education programs or activities receiving federal financial assistance.

 

Reports or inquiries regarding nondiscrimination should be made to:

Title IX Coordinator/ Executive Director of the Student Wellness Program, Marsha Pigga, Angeli Hall, Room 102, 501 Vine Street, Scranton PA, 18509 (570) 955-1466/ (570) 677-7589, piggam@lackawanna.edu

Equal Opportunity and Affirmative Action inquiries: Georgia Egan, Affirmative Action Officer/Director of Continuing Education, Angeli Hall, Room 300C, Vine Street, Scranton PA (570) 961-7815, EganG@lackawanna.edu or Tony Ferrese, Affirmative Action Officer/Seeley Hall Residence Director, Seeley Hall, First Floor, North Washington Avenue, Scranton PA, (570) 504-1760, FerreseT@lackawanna.edu.

Additional information regarding Title IX requirements and how to file a complaint with the Office of Civil Rights: Office of Civil Rights at www2.ed.gov/ocr, 800-421-3481. Philadelphia Office: Office for Civil Rights U.S. Department of Education, The Wanamaker Building,100 Penn Square East, Suite 515, Philadelphia, PA 19107-3323 Telephone: 215-656-8541, Email: OCR.Philadelphia@ed.gov.   

Portfolio and Coursework

Lackawanna College will empower you to experience learning by inspiring your critical thinking, accessing your talents and skills, motivating you toward a career choice, and encouraging you to make a difference. In evidence of this learning, the College requires a graduation portfolio containing Career Documents, including a résumé, two letters of recommendation, and a career exploration; Core Coursework, including a research paper from College Writing; three sample papers or projects from Major Coursework; and a Lackawanna College Reflection Paper.

 

Course Schedule

Instructions:

All contents of the following table are required. Enter the information into the appropriate columns on the table using the Tab key to move around. To insert rows, click on the table and then on the Table menu, point to Insert and click on the Row action you want to take. To delete rows, click on the table and then on the Table menu, point to Delete and click on Rows. Delete these instructions once your coursework is entered. 

 

WEEK

TOPICS

READINGS/OBJECTIVES

EXPECTATIONS & READINGS

1

 

Syllabus review, class overview demonstrates an understanding of the concept of scarcity

CH. 1

Obj. #1

Discussion Questions

Quiz Chapters 1,2,4

2

 

Opportunity Cost and comparative advantage

CH. 2

Obj. #1

Discussion Questions

Quiz Chapters 1,2,4

3

 

The law of supply and Demand

 

CH. 4

Obj. #2

Discussion Questions

Homework-Supply and Demand paper

Quiz Chapters 1,2,4

4

 

A brief history of the US economy

CH 5

Obj. #3

 

Discussion Questions

Quiz 1,2,4

Homework

5

 

The subjects of unemployment and inflation are presented. The student will be expected to understand the causes and types of both inflation and unemployment.

CH. 7

Obj. #4

Discussion Questions

Quiz

 

6

 

Evaluate the current role of government and recognize fiscal policy and evaluate how government raises and spends funds and the effects those decisions have on the national/global economy.

 

CH 11

Obj. #5

Discussion Questions

Homework Fiscal Policy Paper

Group Assignment

Evaluate classical employment theory, the employment theories of Keynes, fiscal policy and the current conditions of national/global employment

CH 11

Obj. #6

Discussion Questions

Group Assignment

 

7

 

Evaluate classical employment theory, the employment theories of Keynes, fiscal policy and the current conditions of national/global employment

 

CH 11

Obj. #6

Discussion Questions

Group Assignment

8

 

Understanding the board of governors, monetary policy, and the impact of the Fed on the national economy is created, the importance of money in our economy, and types of money.

CH 13

CH 14

Obj. #8

Discussion Questions

Group Assignment

Final Exam