Calumet College of St. Joseph

SYLLABUS FOR PRINCIPLES OF ECONOMICS II

1

Term: Spring, 2003 (021) January 6 – April 14

Course Number: ECN 211 X

Instructor: T. Ferrari

Office: Classroom

E-mail: Terry.R.Ferrari@chi.frb.org

Home Phone: 312-322-5479 between 8:00 AM and 4:00 PM

Office Hours: Arranged

Instructor Background: Education – Augustana College (IL), B.A., 1971; Loyola University of Chicago, M.B.A., 1976. Experience- Ford Motor Company Cost Analyst, 1976 – 1981; G.D. Searle Pharmaceuticals Cost Supervisor, 1981 – 1982; Federal Reserve Bank of Chicago, various positions, 1982 - present

Course Time: Wednesdays, 6:30 – 9:30 PM

Course Description: This course serves as an introduction to a range of microeconomic theories and concepts, such as product and resource markets, government and current economic problems, and the world economy.

Prerequisites: MTH 160 (or equivalent) concurrent registration, or consent of program director.

Learning Outcomes/ Competencies:

Students in this course will:

1. Learn the usefulness of economic analysis

2. Develop economic reasoning skills.

Textbooks: Economics Principles, Problems, and Policies, 15^th Edition, 2002

By: McConnell & Brue, McGraw-Hill

Assessment: Students will be required to take six short answer/essay tests and submit a short written project. Tests will be weighted based on length. The project score will reflect an average of the tests taken. Extra credit exercises are available

Class Policy for Assignments: Students are expected to attend classes. If possible, absences should be discussed in advance. If absences are not anticipated, students should contact the instructor for make-up work.

Class Policy on Attendance:

1. Attendance is taken each class period.

2. Students are permitted to miss the equivalent of six (6) classroom contact hours without any questions.

3. The missing of the seventh (7) contact hour elicits a warning to the student that any more absences may result in the lowering of the final grade by at least one letter grade, and/or the student will be required to complete an additional assignment(s) for the course of study.

Class Policy on Electronic Devices:

q When class begins all electronic devices are to be turned off or made silent.

Class Dates: Topics/Assignments:

January 08	Chapters 20 –21	Demand/Supply and Consumers
January 15	Chapters 22 –23	Production Costs and Pure Competition
January 22	Chapter 24	Pure Monopoly; Test Chapters 20 - 22
January 29	Chapter 25	Monopolistic Competition and Oligopoly
February 05	Chapters 26 -27	Technology and Resource Demands
February 12	Chapter 28	Wages; Test Chapters 23 - 26
February 19	Chapters 29 -30	Rents; Government and Market Failure
February 26	Chapter 31	Public Choice and Taxation; Test Ch. 27 - 29
March 05	Chapters 32 –33	Antitrust and Agriculture
March 12	No class	Do take home Test Chapters 30 - 33
March 19	Chapter 34 –35	Income Inequality and Labor Issues
March 26	Chapters 36 –37	Health Care and Internat’l. Trade; Paper Due
April 02	Chapter 38	Exch. Rates; Trade Deficits;Test Ch. 34-36
April 09	Chapter 39	Economics of Developing Countries
April 16		Test 37 - 39

Class Participation: Students are expected to contribute to class discussion to enhance their understanding of the concepts.

Center for Academic Excellence:

Tutoring assistance is free to all students of Calumet College of St. Joseph. Call the Center for Academic Excellence (CAE), to make an appointment at 473-4287. The Center has experienced and well-trained tutors in most subject areas to help students who are struggling in a course or who are doing well and would like to do better. Regular weekly tutoring sessions are likely to improve your grade.

Statement of Plagiarism:

If an instructor or other Calumet College of St. Joseph personnel find that a student has plagiarized or been involved in another form of academic dishonesty, the instructor or other personnel may elect to bring the matter up for judicial review. The maximum penalty for any form of academic dishonesty is dismissal from the College. The procedures for judicial review are listed under the section of CCSJ handbook that addresses student grievances. (Academic Planner 2002-2003)

Citation Guidelines:

Calumet College of St. Joseph adheres to citation guidelines as prescribed by the particular discipline (i.e., MLA, APA, and Chicago Manual of Style or Turabian.). All of these guidelines are available in the Calumet College of St. Joseph library or bookstore. These texts outline how to cite references from a variety of sources, including electronic media.

Withdrawal from Classes Policy:

After the last day for class changes has passed (see College calendar), students may withdraw from a course in which they are registered with permission from the faculty member conducting the course. A written request detailing the reason(s) for the withdrawal must be filed with the Registrar. Written request for withdrawal must be received by the Registrar by the last day of classes prior to the final examination dates specified in the catalogue. Written requests may be mailed to the Registrar or faxed to the College fax number 219-473-4259. Students are to make note of the refund schedule when withdrawing from courses. The request is forwarded to the faculty member, who makes the final determination to accept or deny the request. If the request is honored, the student will receive notification of official withdrawal; if denied, the notification will indicate why the withdrawal is disallowed.

An official withdrawal is recorded as a "W" grade on the student's transcript. Dropping a course without written permission automatically incurs an "F" grade for the course (see Refund Schedule).