Course Syllabus
COURSE SYLLABUS
Welcome to Dr. Dave Fluharty's ECON 101, Economics Fundamentals
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Course Title: Economics Fundamentals |
Number/Section: ECON 101-51J |
CRN: 32363 |
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CONTACT INFORMATION
Instructor
Name: Dave (David A.) Fluharty, M.B.A., Ph.D.
Email (Ivy Tech Email): dfluharty@ivytech.edu
Office/Campus Location: n/a
Office Hours: by arrangement
Instructor’s Supervisor
Phone Number: 812-374-5358
Email (Ivy Tech Email): amiller251@ivytech.edu
Office/Campus Location: Columbus/Poling Hall 313
Ivy Tech Technical Support: Help Desk
Phone: 1-888-IVY-LINE (1-888-489-5463), select option 4
Student Help Center: http://ivytech.edusupportcenter.com
Submit a Help Ticket: https://helpdesk.ivytech.edu/SelfService/Create.html
Ivy Tech Online Learning Support
Name: Dylan Hughes
Phone Number: 812-374-5109
Email (Ivy Tech Email): dhughes52@ivytech.edu
Blackboard IM ID: dhughes52
Office/Campus Location: Office 1629, Columbus Learning Center (in the Library space)
Office Hours: M – F, 8:30 – 4:30pm
Disabilities Support Contact:
Regional DSS: http://ivytech.edu/dss/
Table of Contents
Ivy Tech Technical Support: Help Desk. 1
Ivy Tech Online Learning Support. 1
Disabilities Support Contact: 1
ACADEMIC AND STUDENT SUPPORT SERVICES. 6
COURSE POLICIES & PROCEDURES. 7
Attendance Policy – Don’t Get Dropped from Class!. 7
Additional Class Information: 7
Online Communication Etiquette. 9
School Closing Due To Inclement Weather: 10
COURSE OUTLINE OF RECORD
ECON 101, ECONOMICS FUNDAMENTALS
COURSE TITLE: Economics Fundamentals
COURSE NUMBER: ECON 101
PREREQUISITES: Demonstrated competency through appropriate assessment or earning a grade of “C” or better in ENGL 093 Introduction to College Writing and ENGL 083 Reading Strategies for College or ENGL 095 Integrated Reading and Writing and MATH 023 Essentials of Algebra I or MATH 080 Mathematics Principles with Algebra
SCHOOL: Liberal Arts and Sciences
PROGRAM: Liberal Arts
CREDIT HOURS: 3
CONTACT HOURS: Lecture: 3
DATE OF LAST REVISION: Spring, 2014
EFFECTIVE DATE OF THIS REVISION: Fall, 2014
CATALOG DESCRIPTION: Provides a survey of microeconomics, macroeconomics, international economics, comparative economic systems, historical development of economic thought, and their application to current economic problems. An introductory course intended primarily for students who need only one semester of economics.
MAJOR COURSE LEARNING OBJECTIVES: Upon successful completion of this course the student will be expected to:
- Apply the concepts of scarcity, choice, opportunity costs, and marginal analysis.
- Compare and contrast economic systems.
- Demonstrate how supply and demand interacts to determine market prices.
- Demonstrate how the market price system acts as a resource allocation mechanism.
- Apply the concept of elasticity.
- Discuss the importance of competition and market successes and failures.
- Describe measures of economic activity such as GDP (gross domestic product) and their limitations.
- Describe the forces that determine aggregate economic activity and explore the trade-offs between unemployment, inflation and economic growth.
- Discuss economic stabilization policies: fiscal and monetary policies.
- Describe the economic interdependencies of nations.
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COURSE CONTENT: Topical areas of study include
Science of choices
Opportunity cost
Supply and demand
Elasticity
Impact of inflation
Trade restrictions
Aggregate supply
Keynesian analysis
Aggregate demand
Basic principles of microeconomics
Historical development
Basic principles of macroeconomics
Cost benefit analysis
Comparative advantage
Comparative economic systems
Fiscal policy and Monetary Policy
Monetary theory
REQUIRED TEXT & MATERIALS
Title: Essentials of Economics
Author: Schiller (with Gebhardt)
Edition: 10th
Publisher: McGrawHill
ISBN: 978-1-259-23570-2 student edition
Bottom of Form
I will hand out additional readings on occasion.
COURSE COMMUNICATION
Instructor Commitment
Ivy Tech Community College instructors are committed to responding to students’ written inquiries, sent via the instructor’s preferred method shown below, within 36 hours, including weekends. If a student sends communication, but does not receive a response within this timeframe, the student should double-check that the correct communication method was used and that the correct location is being checked for a reply. Students can contact their local Online Technologies Support with questions (http://ivytech.edu/online/contacts.html).
NOTE: Course messages are very different from email. Students should carefully review the information below to ensure they are sending and receiving course communication properly.
ASSIGNMENTS & GRADING
Grading and Evaluation:
Course grades are available for students by logging into the College’s online student system, Campus Connect, at the following address: http://cc.ivytech.edu/. Grades will not be distributed by mail.
POINT TOTAL:
Homework 40
Biographical Sketch of an Economist 4
Term Paper 10
Class Participation 7
Quiz I 13
Quiz II 13
Final Quiz 13
TOTAL POINTS 100
Grading Scale:
Your course grade will be calculated based upon the following scale:
A = 90-100 points
B = 80-89 points
C = 70-79 points
D = 65-69 points
F = 64 or fewer points
Assignment Information:
Homework:
There will be 8 homework assignments of 5 points each (total of 40 points) .
The lowest grade on ONE homework (including a zero for a homework not submitted) will be increased to 4.
Biographical Sketch of An Economist
Students will complete a one page (minimum) Biographical Sketch of An Economist. This brief sketch with focus on their contribution to economic science. Each student will do a different economist who will be selected by the instructor.
Each paper must be double-spaced, Times New Roman font, size 12.
Quizzes:
There will be three quizzes, each counting 13 points, a total of 39 points. Each quiz will have a take home and in-class portion. As the Final Quiz is comprehensive, the lower grade of the other two quizzes (that is, the lower of the grade on Quiz I or Quiz II) will be raised to the grade on the Final Quiz if the grade on the Final Quiz is greater. If the Final Quiz grade is lower than the other two quizzes, no grade will be modified.
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Paper:
Students will complete a research paper which will count 10 points. Each paper must be double-spaced, Times New Roman font, size 12. The paper assignment will count as 10points. I will provide more specific directions for this assignment with a writing prompt.
Attendance/Participation/In-Class Writings:
Our classes will include a great deal of discussion of economic issues. This will count for 7 points of your total grade.
Makeups/Late submittals:
Unless a student has a documented emergency, no work (including quizzes and homework) can be taken later. Students are responsible for meeting all due dates. This policy will be enforced with only 2 exceptions: The first two homeworks may be one week late.
Attendance:
Students must attend class. It is crucial that you read the assignments, come prepared to take notes, and participate in the lectures. You must submit all assignments and take all exams as scheduled to receive a passing grade.
Teaching Methods:
This course will be comprised of lectures, readings, discussions, and a variety of other teaching styles. .
Due Dates & Deadlines
The Syllabus and Course Calendar are two important tools to help students understand the course, student and instructor expectations, and deadlines. Both documents can be found
- under the “Course Information” link in the course menu within Blackboard.
- OR
- under the “Start Here” button in the course menu within Blackboard
Students are required to submit work on time for an opportunity to earn credit. Deadlines for each week/assignment are summarized on the course calendar. Students should check the calendar frequently for deadlines and to be aware of what to expect next. Deadlines are subject to change.
ACADEMIC AND STUDENT SUPPORT SERVICES
Tutoring:
Academic Resource Center (ARC) – math, public speaking, science, American Sign Language, and writing
Columbus Learning Center, 1616 (inside the library)
4555 Central Ave, Columbus, IN 47203
812.375.7528
Tutor.com – math, science writing, history, business, nursing, and more!
Online tutors – 24 hours/day – 7 days/week
Connect to a tutor on the Ivy Tech Blackboard home page or from your course page.
Click for Help
For links to accessibility, please visit the Click for Help area in Blackboard. Here, you will find helpful information regarding the Blackboard Mobile App, Blackboard IM, Publisher student guides, and other instructional documents. This tab provides students with important computer information, including security software, viewer software for users without Microsoft products, Adobe Reader, Flash player, Java, and more.
Optional Campus Support
Students are welcome to use the services and equipment available at the most convenient Ivy Tech Campus. Services include academic advising, equipment, libraries, and tutoring. Please locate the most convenient Ivy Tech campus by reviewing the information at http://ivytech.edu/campuses/.
Library
The Ivy Tech Library is available to students on- and off-campus, offering full text journals, books, and other resources essential for course assignments. The Library can be accessed from the “Library” tab in Blackboard or from the “Library” tab in Campus Connect.
Certification and Licensing Statement:
Ivy Tech cannot guarantee that any student will pass a certification or licensing exam. Your success will be determined by several factors beyond the instruction you are given in the classroom including, but not limited to, your test-taking skills, your willingness to study outside of class, and your satisfactory completion of appropriate practice exams. Certification and licensure exam questions are drawn from databases of hundreds of possible questions; therefore, a thorough understanding of the subject matter is required. Ivy Tech’s coursework is designed to assist you in understanding the material sufficiently to provide a firm foundation for your studies as you prepare for the exam.
COURSE POLICIES & PROCEDURES
Attendance Policy – Don’t Get Dropped from Class!
Ivy Tech performs administrative drops for students who do not attend class early in the semester. Students need to attend class prior to NW deadline listed below in order to avoid being dropped for non-attendance..
Attendance Drop Deadline: September 1, 2017
To receive a 100% refund, you must drop your class by September 1, 2017 .
Last Day to Withdraw
If a student wishes to withdraw from this course, students are responsible for completing an official withdrawal form with the registrar. Your local registrar contact information can be looked up here: http://www.ivytech.edu/registrar/.
The last day to withdraw from this course is November 11, 2017.
Additional Class Information:
Other policies:
You are welcome to use laptops in the classroom, but use them for the class. That means do not use them to play games, surf the web, update your Facebook page, etc. If this becomes a problem, I might ban them.
Do not sleep, text, or read the newspaper in class. This will adversely affect your participation grade.
I am happy to discuss your grade on any assignment. However, please wait 24 hours to reflect on your score and why you got the grade that I gave you.
If you miss a class, you are welcome to contact me with an explanation. However, do not ask “did we do anything important in class?” EVERY class is important.
Cell Phones in Class:
Cell phones should be turned off when you are in class. If your cell phone rings during class, points may be deducted from your grade. If you have unusual circumstances, you should talk to the instructor.
Any use of cell phones during a quiz or test is strictly prohibited. Any student who violates this policy will earn a zero on the quiz or test.
COLLEGE POLICIES
Academic Honesty Statement
The College is committed to academic integrity in all its practices. The faculty value intellectual integrity and a high standard of academic conduct. Activities that violate academic integrity undermine the quality and diminish the value of educational achievement.
Cheating on papers, tests, or other academic works is a violation of College rules. No student shall engage in behavior that, in the judgment of the instructor of the class, may be construed as cheating. This may include, but is not limited to, plagiarism or other forms of academic dishonesty such as the acquisition without permission of tests or other academic materials and/or distribution of these materials and other academic work. This includes students who aid and abet as well as those who attempt such behavior.
Copyright Statement
Students shall adhere to the laws governing the use of copyrighted materials. They must ensure that their activities comply with fair use and in no way infringe on the copyright or other proprietary rights of others and that the materials used and developed at Ivy Tech Community College contain nothing unlawful, unethical, or libelous and do not constitute any violation of any right of privacy.
ADA Statement
Ivy Tech Community College seeks to provide reasonable accommodations for qualified individuals with documented disabilities. If students need an accommodation because of a documented disability, please contact the Office of Disability Support Services.
Disabilities Services
Students with questions or needs for disabilities support services should the Columbus Disabilities Support Services director/coordinator:
Janet Sharp Disability Services Coordinator & Academic Advisor jsharp19@ivytech.edu | 812-374-5324 1-800-922-4838 ext. 5324
In the future, it is recommended that students contact Disabilities Support Services at least 30 days before the start of the semester. For information about disabilities support services, please visit: http://ivytech.edu/dss/ or Campus Connect (http://cc.ivytech.edu).
Student Assistance Service
In an effort to support student mental wellness and a healthy work/life balance, the Columbus/Southeast campuses have provided FREE counseling services for all students. In order to take advantage of this FREE service, please call the Student Assistance Service (SAS) number (800-766-0068) and speak to a representative about scheduling a counseling appointment that is close to your home, confidential, and FREE. Maybe you are overwhelmed about work/life balance, maybe you are going through a rough patch at home or work, maybe you are experiencing signs of depression, anxiety, or suicide. Whatever the reason, they are here to assist you in any way. If you have questions about this service, please don’t hesitate to ask your instructor or the Vice Chancellor of Student Affairs, Dr. Heather Baker at hbaker62@ivytech.edu or 812-374-5222.
IvyLearn Accessibility
To be revised
Online Communication Etiquette
Students are expected to uphold their responsibilities in terms of appropriate and professional communication with faculty and peers. Please review the “Students Rights and Responsibilities” section of the student handbook (located within Campus Connect) and review common netiquette (Internet etiquette) practices, like those found at:
http://www.ivytech.edu/online/resources.html
Grades
All grades will be maintained in Ivy Learn online grade center. Students are responsible for tracking their progress by referring to the online grade center. Students can generally expect to receive grades and feedback within seven days of the assignment due date. If exceptions occur, the instructor may notify students of changes to this expectation.
Veterans/Military Notice:
If you are a Veteran, currently serving as a member of the Armed Forces (Active, Reserve or National Guard), or an immediate family member of someone serving, promptly communicate with your instructor any potential commitments or deployments that may interfere with course requirements. If you are receiving GI Bill benefits or have questions about your benefits, contact:
Veterans Affairs Coordinator, Pat Vercauteren (317-921-4773 or pvercaut@ivytech.edu )
Financial Aid – Veterans representative, Nina Loesch. (812-374-5207 or nloesch@ivytech.edu )
An active Student Veterans Organization is also available on campus.
Children on Campus Policy
So that each student may give full attention to the task of learning, and to comply with insurance regulations, children are prohibited from attending classes, exams, clinical, or laboratories with the parent or guardian. Children also may not accompany adults using the open computer laboratory.
Students are also discouraged from bringing children to scheduled meetings with a course instructor, faculty, or advisor so that the student’s full attention may be focused on the topic of discussion.
Students are encouraged to make alternative arrangements for children in the event of school cancellations, childhood illnesses, and other issues.
Unaccompanied children cannot be left in the library or other areas of the campus unsupervised.
Exceptions may be made for special situations at the discretion of the instructor.
Grievance Procedure:
Please refer to the Code of Student Rights and Responsibilities for procedure located in Blackboard.
School Closing Due To Inclement Weather:
If any Ivy Tech Columbus facilities will be closed due to inclement weather or other emergency conditions, the closing will be announced on the radio. Even if the facilities remain open, you are expected to use your judgment as to whether the existing weather conditions permit safe travel. Notify your instructor immediately if you do not attend class due to weather or other emergency conditions.
Facilities closings are also announced via the Ivy Tech ALERT system for your cell phone. If you can receive text message on your cell phone, you should go to http://www.ivytech.edu/alert/ and register for the service. Campus closings are the only message sent through this system.
Closings due to inclement weather are reported to the following local radio stations:
QMIX – 107.3 Y106 – 106.1 WCSI – 1010
WKKG – 101.5 WQKC – 93.7
The announcement is also posted on our home page - www.ivytech.edu/columbus
Television stations are NOT notified.
Right of Revision
The college reserves the right to change any statements, policies or scheduling as necessary. Students will be informed promptly of any and all changes.
Assignments and Tentative Course Schedule:
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Class Meeting |
Topic |
Assigned Work |
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8/24/17 |
Introduction of the course, the instructor, and the students |
Essentials of Economics, Ch. 1 (if possible) |
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8/31/17 |
The US Economy |
Essentials of Economics, Ch. 2 Due: HW-1 |
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9/7/17 |
Supply and Demand |
Essentials of Economics, Ch. 3 HW-2 |
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9/14/17 |
Supply and Demand (continued) |
Essentials of Economics, Ch. 4 and 5 Due: Term Paper Topic |
|
9/21/17 |
Competition and Monopoly |
Essentials of Economics, Ch. 6 and 7 Due: HW-3 |
|
9/28/17 |
In-Class Portion of Quiz I
The Labor Market |
Essentials of Economics, Ch. 8 Due: Take-Home Portion of Quiz I |
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10/5/17 |
Government Intervention |
Essentials of Economics, Ch. 9 Due: HW-4 |
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10/12/17 |
The Business Cycle and Aggregate Supply and Demand |
Essentials of Economics, Ch. 10 and 11 Due: HW-5 |
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10/19/17 |
Fiscal Policy |
Essentials of Economics, Ch. 12 Due: HW-6 |
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10/26/17 |
Money and Banking |
Essentials of Economics, Ch. 13 |
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11/2/17 |
Monetary Policy |
Essentials of Economics, Ch. 14 Due: HW-7 |
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11/9/17 |
In Class Portion of Quiz II
Economic Growth |
Essentials of Economics, Ch. 15 Due: Take Home Portion of Quiz II |
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11/16/17 |
Theory and Reality |
Essentials of Economics, Ch. 16 Due: Bio Sketch and Term Paper |
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11/23/17 |
THANKSGIVING—NO CLASS |
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11/30/17 |
International Trade |
Essentials of Economics, Ch. 17
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12/7/17 |
Catch Up Economic History and Economic Thought |
Due: HW 8 |
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12/14/17 |
In Class Portion of Final Quiz |
Due: Take Home Portion of Final Quiz |
Course Summary:
| Date | Details | Due |
|---|---|---|