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Ohlone College Fall 2015 Introduction to microeconomics BA102B-03 (62917) online course Professor Mosleh [email protected] Course Description: This course introduces the basic microeconomic concepts such as; the notion of scarcity, and how it relates to the opportunity cost, supply and demand, externalities, consumer theory, public goods, government programs, production and cost theory, perfect completion, monopoly, and oligopoly market structures. Course Objectives: 1. Understand the basic terms and concepts as they pertain to economic system. 2. Examine economic models of production possibilities and the concept of scarcity. 3. Study individual and firm behavior in different form of market structure. Student Learning Outcomes: Define methods and principles of microeconomic theory involving opportunity costs, incentive effects, and marginal decision-‐making. Demonstrate models of demand, supply, consumption, production, and cost analyses. Evaluate the impact of imperfect information, externalities, public goods, and public policy. Credit: 3-units. Prerequisite Math-153, meets GE requirements, and transfers to UC, CSU. Required Textbook. Principles of Microeconomics. Brief Editio.McConnell/Brue/Flynn For this course you are required to purchase your own copy of the text book, as well as the access code to McGraw- Hill’s Connect. The package is available at the Ohlone bookstore, at a reduced price.

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Page 1: 102B-03

Ohlone College Fall 2015Introduction to microeconomics BA102B-03 (62917) online course

Professor Mosleh [email protected]

Course Description:This course introduces the basic microeconomic concepts such as; the notion of scarcity, and how it relates to the opportunity cost, supply and demand, externalities, consumer theory, public goods, government programs, production and cost theory, perfect completion, monopoly, and oligopoly market structures.

Course Objectives:1. Understand the basic terms and concepts as they pertain to economic system. 2. Examine economic models of production possibilities and the concept of scarcity. 3. Study individual and firm behavior in different form of market structure.

Student Learning Outcomes: Define methods and principles of microeconomic theory involving opportunity costs,

incentive effects, and marginal decision-‐making. • Demonstrate models of demand, supply, consumption, production, and cost analyses. • Evaluate the impact of imperfect information, externalities, public goods, and public policy.

Credit: 3-units. Prerequisite Math-153, meets GE requirements, and transfers to UC, CSU.

Required Textbook. Principles of Microeconomics. Brief Editio.McConnell/Brue/Flynn For this course you are required to purchase your own copy of the text book, as well as the access code to McGraw- Hill’s Connect. The package is available at the Ohlone bookstore, at a reduced price.  The Package includes the access code for McGraw-Hill’s Connect which will be required to complete the homework Assignments.

Course requirements: Two midterm, and a comprehensive final exam Connect Video cases Connect Learn Smart Assignments Blackboard quizzes, syllabus quiz Graph Assignment

Examination. Exams are multiple choice questions from assigned chapters. Note. Exams cannot be accessed before or after due dates.

Learn Smart Assignments/exercises. Learn Smart assignment @ 5 points per chapter, total of 60 points. The learn smart chapter covers the concepts within the chapter. NOTE. Each assignment has a close due date. You will see the due dates for all assignments, when you click on “Connect Assignment” Do not miss a due date. There are no makeups for missed homework. Homework will not be re-opened under any circumstances- not due to technical problems, illness, etc. NO exceptions for missing a due date.

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Blackboard quizzes. To access the blackboard quizzes, click on “Chapter power point” you’ll be directed the blackboard quizzes. Note. The blackboard quizzes are available from August 31st to December 7th. Only one attempt on blackboard quizzes.

Connect Graph Assignment. Under “Homework in Connect” there is a graph assignment that teaches you how to use the graphing tool, complete this assignment before working on the connect assignments.

Connect Video cases. To access the video cases, click on “Homework in Connect” scroll down on the connect homework page, watch the video case, and respond to the questions.

Syllabus Quiz. To access the syllabus quiz, click on “Assessment/test”. Note. The syllabus quiz available only on the due date NOT before or after the due dat. NO makeup quiz allowed.

Register for Connect in Blackboard by following these steps:1) Log in to your Blackboard course.2) Go to “Homework in Connect” click on any of the Connect assignments you find there. Another option is to click on "McGraw-Hill Higher Education. Follow the steps to “register” with Connect. You only need to register with the access code one time. Once your account is set up, you can simply go back to your Blackboard “Connect Assignment” and open the chapter you want to work on.

Technical issues with blackboard or Connect:Blackboard /Connect will notify me if there is a technical issue that would prevent you from submitting an assignment/test on time. If technical issue is the blackboard or Connect issues, you will be allowed a time extension. There will be no time extensions if the technical problems are with your systems.Technical Assistance with Connect If you need technical support with My Connect, chat 24/7 with the customer support www.mcgrawhillconnect.com/support or call at 800-331-5094

Grading Scale:Learn smart concept Assignments 60 Points Two Midterm@50 points 100 PointsFinal Exam 100 Points Connect Graph Assignment 15 PointsBlackboard quizzes 120 PointsSyllabus quiz 15 Points2- Connect Video cases @5 10 pointsTotal possible points 420 PointsGrad breakdown: 100%-90%=A, 89%-80%=B, 79%-70=C, 69%-60=D, below 60%=F

TO OBTAIN FURTHER CLASS INFORMATION:1. Go to http://www.ohlone.edu/2. Click on [on-line] classes http://www2.ohlone.edu/instr/onlineeducation/3. Click on [how to login] 4. If you experienced difficulties accessing the blackboard, contact the blackboard help desk: Toll Free Number (866) 259-6244 or email to: [email protected]

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INSTRUCTIONS ON POSTING MESSAGES ON THE DISCUSSION BOARD: When you access this class for the first time please do the following:(1) Click the Discussions tab (2) Click the Introductions link(3) Click the button, Compose Message; the compose message window will open;(4) In the subject line, type in your Last Name followed by the word Introduction. Introduce

yourself: tell us about yourself, work experience, academic goal when finished click the Post button.

Method of Communication.  Use the blackboard e-mail system, and the discussion board for class communication. To send email, click on “messages” to send email, or click on the “Discussion” for posting messages.

Examination policies and requirements: Exams are multiple choice questions from assigned chapters. There are 50 multiple choice questions for midterm, and final exam. To access to exams, click on the “Test /Assessment” [TAB] on blackboard, click on the test

take the test, save, and submit before your time expires. Exams are NOT available before or after due dates they will be available only on the due date

from 8:00 am till 11:59 p.m. 2- Hours to complete the test. Note. The correct answers on the test revealed after the availability of the test ends. NO makeup test allowed under any circumstance! If you missed a test you’ll get zero for the test.

Course Policies:1) Students are expected to log in to the course 3-4 times per week.

2) NO Makeup Exam policy. If you missed the exam/quiz/assignment you’ll receive zero.

3) Netiquette. Students must follow the etiquette of online courses. I expect all online participations and discussion postings to be constructive and respectful. Instigating other students, posting inappropriate language/comments to the professor or to a classmate, non-collegial behavior on the discussion board will not be tolerated, and you will be removed from the course immediately.

4) Academic dishonesty policy. This course will strictly adhere to the academic honor code set forth by the college. Any student caught violating the academic honor code will receive disciplinary action up to and including expulsion from the college. Please see: http://www.ohlone.cc.ca.us/org/board/policy/chapter7reg.htm#7.8.4

5) College tuition Policy: Students who have not paid by the census date will be dropped for non-payment, and cannot receive a grade for the course.

6) Dropping Policy. If you are enrolled in this class all admissions matters including dropping, adding are your responsibility. Failure to notify admissions of your decision means you risk receiving “F” on the causes. Refer to Ohlone Class Schedule on last day to drop the course with or without “W”.

7) Course management.  This course thought in blackboard which is the online management software that can be accessed by any computer that has Internet access, and a browser. If you need technical support, please contact the online education [email protected]

8) Possible extra credit. You may earn up to 15 points on extra credit (Logic case in Connect). See the due date on the course syllabus. NO makeup on extra credit assignment.

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STUDENT & INSTRUCTOR EXPECTATIONS:

Student Commitment: You should budget adequate time for the required assessment.  Students are responsible to follow the course requirements as stated in this course syllabus.

Instructor Commitment: I will follow the course outline as detailed in this syllabus, and should any changes be required will announce them in advance to give you time to adjust.  Note. I am not available on weekends or holidays. Please note. The instructor reserves the right to make changes to the syllabus

Due Date Chapter Reading Assignments/Exam

August 31 Review the syllabus, print a copy, and place it in your binder.

Post a short biography

September 2 Limits, Alternatives, and Choices ch.1. Appendix: Ch.1 --------September 7 Labor Day Holiday No instructions September 9 The Market System and Circular Flow. Ch.2. Learn smart ch.1. syllabus quiz

September 14June 22

Demand and Supply Ch.3 Learn smart ch.2 September 16

June 24Elasticity of Demand and Supply Ch.4 Learn smart ch.3

September 21June 26

Work on the graphs Learn smart ch.4September 23 Review for test #1 Graph Assignment in Connect

September 28 as necessary; it

Test #1 covers Ch. 1-4 Take Test #1September 30 Market Failure, public goods, Externalities Ch.5

October 5July 1

Continue reading market Failure, public goods, Externalities Ch.5

----------October 7 Business and Their Costs Ch.6 Learn smart ch.5October 12

July 6Pure Competition. Ch.7 Learn smart ch.6

October 14July 8

Pure Monopoly. Ch.8 Learn smart ch.7 October 19

July 10Video cases Learn smart ch.8. video in Connect

October 21 Review test #2 --------October 26 Test #2 covers Ch. 5-8 Take Test #2October 29 Monopolistic Competition and Oligopoly. Ch. 9 November 2

July 13Wage Determination. Ch.10 Learn smart ch.9

November 4 Income inequality and poverty. Ch.11 Learn smart ch.10

November 9 Continue reading income inequality Learn smart ch.11 November 11

Veteran’s Day Holiday No instructions

November 16

Public Finance. Ch.12 November 18 Continue reading public finance Ch.12 Learn smart Ch. 12

November 23 Extra Credit=logic case Submit logic case in Connect November 25 Read Environmental Economics Appendix -----

November 30 Read Environmental Economics Appendix ------

December 2 Review Final exam ------

December 7 Complete blackboard quizzes Submit blackboard quizzes

December 9 Review Final exam ---------

December 14 Final exam ch.1-12 Take the final exam

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