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Intro to Economics - syllabus

Intro to Economics - syllabus

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Published by Katherine Sauer
graphic syllabus, introductory economics
graphic syllabus, introductory economics

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Published by: Katherine Sauer on Jul 30, 2011
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04/29/2015

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1
A Citizen¶s Guide to Economics Katherine M. Sauer, Ph.D.ECO 1040 AD 530-Q 303-556-3037Spring 2012 ksauer5@mscd.edu
 ____________________________________________________________________________________ 
 Economics is the study of how individuals, firms and the government make decisions about how to allocate their scarce resources, and the consequences of those decisions.
 ____________________________________________________________________________________ 
 Economics is all around you.
You hear about it in the news, you participate in the local economy as aconsumer, and you feel the impacts of the global economy in your daily life.In this course, you¶ll be introduced to fundamental
economic concepts
and the
economic way of thinking
. Akey feature of this course is the application of economic reasoning to real world problems. My goal is that bythe end of the semester, you¶ll have the tools and skills to make sense of the economic events that impact your life.We¶ll be discussing a wide variety of topics this semester. At the end of the semester, you should be able to:Additionally, you should be able to describe the interpretation of basic economic
data and statistics
.
Identify/define the
fundamental conceptsof economics
includingincentives, opportunitycosts, marginalanalysis, and prices.
ch 1-2
 
Apply
Supply andDemand analysis
toevaluate market changesand economic problems.
ch 1
Identify/define the
roleof the government
in a market economyand the effects of variousgovernment regulations onmarket outcomes.
ch 2, 3, 4, 8
Describe themechanics behind theUS¶s
monetary policyand fiscal policy
.
ch 9, 10
Describe theinterpretation of 
fundamental macroeconomic
 
variables
(including GDP, inflation,unemployment, and productivity).
ch 6, 7, 9
Identify/definethe fundamentalconcepts of 
international
 
trade andinternational finance
.
ch 11, 12, 13
 
2
Additional Learning Objectives
Since this course satisfies a General Studies requirement, you¶ll also work to meet the following:
y
 
Demonstrate the
ability to locate sources
when information is needed, and to evaluate the authenticity,validity, and reliability of resources applied to a specific purpose
-
You¶ll complete a source ³scavenger hunt´ assignment as homework.
y
 
Analyze texts, sources, and argumentation,
identify cause and effect relationships
and recognizefallacies of argument-
O
ur market analysis and incentives/unintended consequences topics will be tools that you will use to demonstrate cause and effect relationships.
y
 
U
se and
 
document sources
and evidence in an
ethical manner
 -
 A
 s part of exams, you¶ll write an essay based on a current event. You¶ll properly cite the source.
y
 
Describe how the
methods of science
are used to generate new knowledge-
his course teaches you about economic models and how they are scientifically derived.
y
 
Describe the forms and
impacts of 
geographical conditions or social,
economic
, financial, or political
practices on the human experience
using analytical methods appropriate to the field.-
hroughout the course we¶ll be exploring the impact of economics on the human experience. We¶ll use theory, data, algebra, and graphical analysis.
 
3
Course Learning Activities
In order to assist you in meeting the course learning objectives, course activities will include:
Participation10%
 D
aily
 To prepare for 
daily class participation
, the successful student will read the text or listen tothe pod casts in advance, bringing notes to class, and complete any assigned prepwork questions. To receive credit for class participation, students should actively contribute todiscussion and solving in-class problems.
Homework 30%
 D
ue throughout the semester 
 
Homework assignments
will be posted on our course BlackBoardsite. Due dates will be announced in class and posted in theannouncements section of BlackBoard. Late homework is acceptedat a grading penalty.
Exam 115%
 F 
ebruary 20
th
 
Exam 1 will cover 
chapters 1-6
. It will consist of multiple choice, problems, and anessay.
Exam 215%
 M 
arch 28
th
 
Exam 2 will cover 
chapters 7-13
. It will consist of multiple choice, problems, and anessay.
Exam 330%
G
iven during 
 F 
inals Week ± according tothe
 A
uraria Campus schedule.
Exam 3 has two parts.
 Part 1 will cover special topics from classes 4/2 ± 5/2.Part 2 will cover material from chapters 1-13 from the textbook.

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