(North Campus College of Business)
ECO 2013 Principles of Economics Macro
Reference Number: ________________ Campus: North Campus
Term: Fall 2017 Meeting Time: MWF ______________ Classroom: ___________
Assistant Professor: René Choy
MDC North business office: 305-237-1215 Instructor/Class webpage: http://faculty.mdc.edu/rchoy
email: please allow more than 24 working hours for a reply
Office hours: See office schedule in Room: 1256-29 North Campus
Purpose: Welcome to an introductory course in Macroeconomics, Together we will navigate thru the world of Economics. The purpose of this course is to provide the student with a general understanding of the market economy. ECO 2013 is a general distribution course in the Associate of Arts Degree program. It is a required course in the Associate of Science in Business Administration program. This is an exciting time to learn about it because economic decisions affect your daily lives, the lives of others and government decisions. We will approach the subject matter from the economic perspective; this includes how individuals, firms and the government make daily decisions. We will learn about economic history, the functions of the Federal Government and the Federal Reserve in our daily lives. Topics included will be Supply and Demand, fiscal policy, monetary policy, as well as economic models used for the development of policy.
Text: Macroeconomics by Hubbard and O’Brien, 5th edition or updated edition. A new book purchase should bring access to MyLab online for 6 months. Publisher: Pearson Education, Prentice Hall.
Required Software: MyLab (The software should come together for one semester with a New Book purchase.) If you wish to purchase the software separately go to http://pearsonmylabandmastering.com and purchase your own access kit.
Other recommended readings: Financial Newspapers and Magazines such as the Wall Street Journal, Business Week, The Economist, Financial Times.
Grading Policy: Final Grade will be based on three exams, a series of writing project sections, MyEconLab Homework, Quizzes and Attendance. There are no scheduled make-ups and no scheduled extra credit assignments.
A 90%-100% D 60%-69%
B 80%-89% F 59% or below
C 70%-79%
Tentative Grades: Exam 1 (20%) Chapters 1,2,3,4*,6 Due: 09/29/2017
Exam 2 (20%) Chapters 7,8,9,10,12 Due: 11/03/2017
Final Exam 3 (20%) Chapters 13,14,15,16 Due: 12/15/2017
MyLab (ML) (20%) Explained see page 4, Due: see ML calendar
All 3 current event articles (10%) Explained See page 4 Due: See below
Attendance/Participation (10%)
Current Events Articles Summary (10% of Final Class Grade) Submit in www.turnitin.com see more on page 4.
All current event sections will be graded on Gordon Rule requirements, format, content, sources, clarity, connectivity, and quality of analysis. Since this course must meet the Gordon rule requirements, you must submit all three scheduled current events or you may not pass the class. Current Events Article 1 (3.3%) Due 09/12/2017
Current Events Article 2 (3.3%) Due 10/09/2017
Current Events Article 3 (3.4%) Due 11/13/2017
Miami Dade General Education Outcomes: The class and article writing are designed to reflect and practice
Critical Thinking (Students should be able to solve problems using critical and creative scientific reasoning.)
Numbers / Data Analysis (Students should be able to process, understand and accurately analyze numerical data)
Computer / Technology Usage (You will learn how to use word processing, spreadsheet, database, and presentation programs.
In addition, one cannot pass, i.e., earn a letter grade of C or better, ECO 2013 without satisfactorily completing three written summary analyses (Project Sections). All writing assignments will be graded according to the following college-wide criteria:
Miami Dade College
Gordon Rule Writing Rubric
Academic Honesty and Academic Irregularities: Violations of ethical concept will result in penalties ranging from F grade in the course to dismissal from the College. In all penalties a letter of fact will be included in the student’s file.
The following shall constitute academic irregularities and will result in substantial penalties:
- The use of materials and/or devices such as notes, books or calculators, etc while taking the examination unless authorized by the instructor, or assistance from other persons while taking the examination or working on other assignment unless specifically authorized by the instructor, acts defined as cheating.
- Unauthorized obtaining, distributing or receiving material which is purposed to be an examination, or part of an examination, without the consent of the instructor.
- Taking of an examination for another person or having another person take an examination or having same present as one’s own exam.
- The presentation of words or ideas from existing source as one’s own, acts defined as plagiarism.
- Other activities which interfere with the educational mission within the classroom.
The use of cellular telephones and pagers is not permitted in this class. In particular, you may not leave and re-enter the classroom for the intended purpose of using a cellular telephone. Your full attention is expected in the classroom.
Tentative Exam Schedule: The schedule may change depending on the individual circumstances of the class. The book includes chapters that may not be covered. In order to keep up with class material full attendance is strongly suggested.
Exam 1 Chapters 1,2,3,4*,6 4* (only part of chapter 4 will be covered)
Exam 2 Chapters 7,8,9,10,12
Exam 3 Chapters 13,14,15,16
IMPORTANT NOTES: The students are encouraged to take class notes as class notes will constitute the majority, if not all, of the material covered by the exams. Make sure you get someone else’s phone number, in case you miss a class you will have someone to copy the notes from. The students are also responsible for the material in the book, to expand your knowledge the MyEconLab assignments will have material that may or may not be covered in class. The school attendance policy says that any student may be dropped from the class if he has too many absences, this policy also applies for our class.
If you have any questions or comments please let the professor know immediately, before or after class. Your courteous comments are greatly appreciated!!!
We are going to have a Great Time J “Good Luck to all”
Current Event Articles Explained (10% of Final Class Grade)
The Current Events Articles are the majority of the written Gordon Rule component of the class. The articles will be posted on the internet in the webpage for the class. Go to: http://faculty.mdc.edu/rchoy and click on ECO2013. The articles are to be submitted in www.turnitin.com, sign in instructions are on the webpage listed previously.
For each article you must submit a 1-2 page summary/analysis of the article, the correct font is the following:
1) The Article Summary must be Typed double space. (APA Format)
2) One inch margins all around the page.
3) Font 12, Times New Roman or Arial ONLY.
4) Every article must have a Cover Page and a References page as requested in APA
5) Write it ALL in your OWN words, DO NOT COPY / PASTE anything, your grade will be severely penalized if you do so.
The current event writing of the article is basically you explaining what the article author is trying to convey. It is an explanative summary analysis of the article. Use the following to guide you through writing the summary. Even though the article writing is not formal, this is a business class and we must write the article accordingly, refrain yourself from making the article summary too personal.
1) Introduce your article summary.
2) What is the article’s main idea. Explain / Summarize in your own words what is the article writing about.
3) What it the issue at hand, what is the author’s point of view, how is the author substantiating his opinion on the matter?
4) Want to get an “A” then use other sources if desired to talk about the same topic and expand the author’s article.
5) End it by providing your opinion on the matter. Do you believe the article is right/wrong and why, is there any right/wrong on this matter? Notice any claims you make must be substantiated by hard information, data that supports your claim.
They MUST include a references page and a cover page. Project MUST be APA style. The article is due on the due date as listed on page 1, NOT later. The use of wikipedia, any other internet blog, question-answer website as a source in not acceptable. Make sure you use acceptable (recognized) sources. Your project will be checked for academic irregularities, you will receive a Zero if the project is found to be someone else’s partial or entire work. All LATE WORK will receive a SEVERE grade penalty, or may not be accepted.
MyLab Explained (20% of Final Class Grade)
To Register into MyLab:
Step 1
1. If you have a Credit Card then go to Step 2, follow the instructions and buy the code directly.
OR
2. Buy a New book and use the code that comes with it.
OR
3. Buy the Code directly from the manufacturer: go to http://pearsonmylabandmastering.com
Step 2
1. Go to my webpage http://faculty.mdc.edu/rchoy
2. Click on ECO2013
3. Pick the class time you are in and download the page that explains how to register
4. Copy / Paste the Course ID from the word document and use it to register directly into my class
5. Buy access from the manufacturer directly or use the pre-purchased code from step 1.
Homework and Quizzes:
-Homework for each chapters are due every week on Friday at 11:59pm (all the homeworks are worth 25% of MyLab Overall Grade or 5% of your Final Class Grade)
-Quizzes are due on usually on Sunday’s at 11:59pm and see MyEconLab Calendar for due dates. (each Quiz is worth 25% of the MyLab Overall Grade or all 3 quizzes are worth 15% of your Final Class Grade).
-Homework and Quizzes may have different due dates, See the MyLab calendar
-To expand you knowledge about the course material, the MyLab homeworks and quizzes will include material that may have not been covered in class, therefore you are responsible for some extra material on the book