ECON-2020: Microeconomics ( Online | Fall 2017 )

Download this syllabus as a PDF Document.

Instructor Information
Instructor Name

John Brassel

Instructor Rank

Associate Professor

Instructor Email jlbrassel@southwest.tn.edu
Instructor Website

InstructorWebsite

Instructor Office

RM 319G Maxine Smith

Office Hours

Posted by the door

Instructor Phone

(901) 333-6058

Department Fax

(901) 333-xxxx

Department Phone

(901) 333-4130

Course Information
Course Description

In this course, attention is focused on the micro concept of economic analysis and primary attention is given to the theory of the firm and partial equilibrium problems arising within any enterprise economy. Attention is also given to government regulation of business, the theory of income distribution as it pertains to the determination of wages, rent and profits, and international trade.

Student Learning Objectives

General Education Outcomes  

Related Departmental Student Learning Outcome

Explore the relationship between the individual and society as it affects the personal behavior, social development and quality of life of the individual, the family and the community.

1a. Demonstrate an understanding of the basic interaction of supply and demand.

Analyze and communicate the values and processes that are used to formulate theories regarding the social context of individual human behavior in the social and behavioral sciences.

2a. Analyze the behavior of individual firms in various markets.

Using the most appropriate principles, methods, and technologies, perceptively and objectively gather, analyze, and present social and behavioral science research data, draw logical conclusions, and apply those conclusions to one’s life and society.

3a. Differentiate how cost and profit are determined in the short-run and long-run.

3b. Demonstrate knowledge of how barriers to entry determine how markets are defined.

Examine the impact of behavioral and social scientific research on major contemporary issues and their disciplines’ effects on individuals and society.

4a. Contrast the elasticity of both supply and demand.

Prerequisites

None

Corequisites

None

Instructional / Learning Methods

A combination of Lecture, Hands-on activities, and Group Discussions (Discussion Board)

Textbooks, Supplementary Materials, Hardware, and Software Requirements
Required Text

Microeconomics 6th Ed. by Hubard & O'Brien, Printice Hall

Also need access code for MyEconLab. All homework and quizzes are completed in MyEconLab.

Additional Text

None

Supplementary Materials

Scantron card for test (in classroom course only)

Hardware Requirements

This course may not require the use of a computer, however these are general recommendations for accessing any of the services that Southwest offers on the Web (e.g. My. Southwest, etc.). strongly recommended)

If this course requires the use of a computer, these are general recommendations for accessing any of the services that Southwest offers on the Web (e.g. My.Southwest, etc.).

  • minimum Pentium IV or higher processor (recommended)
  • SVGA monitor, minimum resolution 800x600 (1024x768 strongly recommended)
  • CD-ROM or DVD drive
  • floppy drive, zip drive, or CD-RW drive
  • Mouse or compatible pointing device
  • at least 512 MB of RAM (recommended)
  • (optional) printer
Software Requirements

The software listed below in the are recommended for any student accessing Southwest services through the internet. Your course may not require the use of a computer or it may have specific software requirements. Internet connection (broadband recommended but not required)

The software listed below is recommended for any student accessing Southwest services through the internet. Your course may have specific software requirements.

  • Windows 7, Vista, XP
  • Mac OS X (up to 10.6) (OS 10.6 recommended)
  • Linux with a Supported Browser
  • Microsoft Edge+
  • IE 10 & 11: some issues+
  • Firefox (latest)+
  • Firefox ESR+
  • Chrome (latest)+
  • Current Anti-Virus protection
  • Reliable Internet connection (broadband recommended but not required)

Many instructors may require assignments to be submitted using Microsoft Excel or Microsoft Word. To learn how to obtain discounted software from Microsoft, visit http://southwest.tn.onthehub.com.

Assessment and Grading
Method of Evaluation

Chapter Quizzes 25%, Two exams 25% each,weekly homework 20% and discussion board 5% of total grade

Grading Scale

90-100

80-89

70-79

60-69

0-59

Testing Procedure / Policy

Two Exams will be given each semester. The SLO Exam on MySouthwest will count 15% of Final Exam grade. You must notify the instructor if you are unable to attend.

You must submit a weekly quiz.

Major Assignments

There will be one term project which will count 25% of final grade. (In classroom class only)

Participation / Attendance Policy

Regular attendance is expected and is vital to the learning experience. It is also a determinant in Financial Aid. For these reasons a roll will be taken in each class. (In classroom class only)

Weekly participation will determine attendance in the online course.

Guidelines for Communications
Email Guidelines

Each student has been provided a Southwest e-mail account. Please do not email your classmates unless the topic relates specifically to this course. E-mails that contain advertisements, solicitations, personal interests, etc. are strictly forbidden. Below are a few guidelines that you should keep in mind when sending email:

Always include a subject line. Typing in all CAPS is considered SHOUTING in Cyberspace. So please use upper and lower case characters when sending e-mails. Remember, without facial expressions some comments may be taken the wrong way. Be careful in wording your e-mails and use good Netiquette Use standard fonts. Do not send large attachments without permission. Respect the privacy of other class members. Online instructors will respond to all e-mails within 48 hours.

Each student has been provided a Southwest e-mail account. Please do not email your classmates unless the topic relates specifically to this course. E-mails that contain advertisements, solicitations, personal interests, etc. are strictly forbidden. Below are a few guidelines that you should keep in mind when sending email:

  • Always include a subject line.
  • Typing in all CAPS is considered SHOUTING in Cyberspace. So please use upper and lower case characters when sending e-mails.
  • Remember, without facial expressions some comments may be taken the wrong way. Be careful in wording your e-mails and use good Netiquette
  • Use standard fonts.
  • Do not send large attachments without permission.
  • Respect the privacy of other class members.

Online instructors will respond to all e-mails within 48 hours.

Discussion Guidelines

Below are a few guidelines that should be adhered to at all times when using the Discussion forum. Reply button rather than starting a new topic.

Below are a few guidelines that should be adhered to when using the Discussion forum. Messages that contain advertisements, solicitations, personal interests, etc. are strictly forbidden.

  • Review the discussion threads thoroughly before entering the discussion.
  • Please try to maintain threads by using the "Reply" button rather starting a new topic.
  • Do not make insulting or inflammatory statements to other members of the class. Be respectful of others' ideas.
  • Be patient and read the comments of other group members thoroughly before entering your remarks.
  • Be positive and constructive in group discussions.
  • Respond in a thoughtful and timely manner.
Technical Support
Technical Support

My.Southwest: Submit a Student Technical Support Request. Please provide a full detailed explanation of the problem.

PAWS: For course related questions, contact your instructor. For technical issues with the PAWS website, contact the College Helpdesk at (901) 333-4357.

Course Topics
Tentative Schedule
  1. The Art and Science of Economic Analysis #The Tools of Economic Analysis #Economic Decision Makers #Demand and Supply Analysis #Elasticity of Demand and Supply #Consumer Choice and Demand #Production Cost in the Firm #Perfect Competition #Monopoly #Monopolistic Competition and Oligopoly #Resource Markets #Labor Markets and Labor Unions #Capital, Interest and Corporate Finance #Transaction Cost, #Imperfect Information, and Market Behavior #Economic Regulation and Antitrust Policy #Public Good and Public Choice #Externalities and the Environment #Income Distribution and Poverty #International Trade
Student Services
Embedded Librarian Service This service may be found inside PAWS courses.
Two Southwest Librarians are assigned to work with you and your instructor throughout the course for the entire semester. The Librarians will suggest library resources and answer questions sent to "Ask A Librarian".

To contact a Librarian, go to the Classlist and select the "Ask A Librarian" tab.
Student Services Links

Academic Support

The Academic Support Center(ASC) provides free services and resources to help Southwest students successfully reach their academic and career goals. These services include tutoring by peer and master tutors, computer labs, success workshops, academic coaching, early alerts from your instructors and areas for individual or group study at numerous locations. The ASC also provides Supplemental Instruction in some of our general education classes and the Center is also responsible for Academic Progress Reporting so that you will be award of your academic standing during the 5th-6th week of the semester. Online tutoring services are offered through Smarthinking 24 hours a day, 7 days a week. Simply login to your PAWS to access this online tutoring resource.

Drop/Withdrawal Dates

See the official college catalog for the current withdrawal policies. Important semester drop and withdrawal dates can be found on the college Web site at http://www.southwest.tn.edu.

Academic Misconduct

Plagiarism, cheating, and other forms of academic dishonesty are prohibited. A student guilty of academic misconduct, either directly or indirectly, through participation or assistance, is immediately responsible to the instructor of the class. The instructor has the authority to assign an “F” grade or a zero for the exercise or examination, or to assign an “F” for the course. College sanctions for academic misconduct may include suspension or dismissal from the College. Please see the section in the current Catalog on Academic Misconduct.

Classroom Behavior: Any student engaged in disruptive conduct or conduct violating the general rules or regulations of the College may be ordered to temporarily leave the classroom. Extended or permanent exclusion from the classroom can be achieved only through appropriate procedures of the College.

Open Labs

Macon Cove

  • Academic Support Center: Available during working hours
  • Bert Bornblum Library: Available during library hours
  • Farris 2131: M-R 8-5:30, F 804:30

Union Avenue

  • Academic Support Center - F Building, Room 319, available during working hours
  • Parrish Library - Available during library hours
  • M105: 8-6:30

Gill

  • Computer Lab- Room 101 (Please note - this room is available when classes are not scheduled. Schedule fluctuates each semester.)
  • Library - Available during Library hours only.

Maxine Smith

  • Open Lab- Room 101.
  • Library - Available during Library hours only.

Whitehaven

  • Open Lab Building 6, Room 127
  • Library - Available during Library hours only.
Syllabus Updates The instructor reserves the right to make changes as necessary to this syllabus. If changes are necessitated during the term of the course, the instructor will immediately notify students of such changes.