Frederick Community College

Frederick Community College

EC201HYB

Fall 2010

Class begins: 10/19/2010

Class ends: 12/11/2010

Last Day to Drop: 11/21/10

You must send your email address to the instructor before class begins

Instructor Information:

Name: Dr. Paula F. Lindsay	Office:
E-mail: plindsay@frederick.edu	Phone Number: 301-846-2604
Office Hours: by appointment	Campus Mail Box #: 136

Course Information:

Credits: 3
On-campus Meetings: Yes	On-campus Exams: Yes
Prerequisites: EN52

Course Description:

Introduces basic concepts, the national accounts, national income analysis, business cycles and the monetary system with an essentially macro-economic approach.

Core Learning Outcomes:

Students completing this course will be able to:

1. (Goal I) Demonstrate college-level communication skills by

· writing and speaking effective, organized, clear, and grammatically correct English appropriate for a specific subject, purpose, and audience (1)

· interpreting financial and economic written texts (2)

2. (Goal II) Demonstrate critical thinking skills by

· recognizing and interpreting the major concepts and problems related to the market system (4)

· evaluating and analyzing significant economic facts and interpretations (4)

· drawing well-reasoned conclusions based upon the evidence and logical inferences (6)

3. (Goal III) Display general knowledge and historical awareness by

· differentiating among the economic systems of the world (10)

· interpreting and identifying the historical perspectives of fiscal policy and monetary policy (10)

· identifying the causes and solutions to the Great Depression (10)

· identifying the causes and solutions of the banking crisis of the early 1900s (10)

· understanding DIDMCA (1980) (10)

(Goal IV) Demonstrate quantitative problem solving by

· working problems requiring a college-level understanding of math principles (11)

· interpreting economic data (12)

· appropriately using spreadsheet analysis (12)

· constructing and interpreting graphs (13)

5. (Goal VII) Understand and be able to interpret social and educational values by

values by:

· demonstrating an understanding of the importance of ethical standards in the securities markets (22,23)

· demonstrating an understanding the interaction of the securities markets

and the accounting firms (22,23)

6. (Goal X) Value the emergence of a multicultural society by

· demonstrating a knowledge of the operations of the World Bank and IMF (31)

· tracking the value of six different currencies (31)

Instructional Methods:

Principles of Economics is traditionally a three hour lecture course. Our format for this course is similar to the traditional course; however, our delivery method is both in the classroom and online. This is a hybrid course. In support of our learning objectives you will be doing a great deal of independent work. The course location is: http://frederick.blackboard.com

Text(s) for Course:

Required Text: Macroeconomics, 18 ed., McConnell, Brue & Flynn, 2009, McGraw-Hill Higher Education, ISBN-13 9780073365947

Progress Report:

By the end of the third week of the semester, you will have an opportunity to evaluate your progress in this course and decide if you need to make any adjustments (additional study, tutoring, conference with instructor) to assure your success in this course.

Evaluation Methods:

Tests / Papers / Projects	Point Value	Final Grade Scale
4 Quizzes 20 points each	80	A=540-600
Discussion	20	B=480-539
4 Assignments 25 points ea.	100	C=420-479
1 semester project	100	D=360-419
3 Tests	300	F=below 360
	600

Attendance/Participation Policy:

Your attendance in class is expected so that you may fully participate in all modes of learning. Interaction with the instructor and fellow students is a critical part of the learning process. In the event of serious illness, emergency, religious holidays or participation in official college functions, you will remain responsible for completing any and all requirements for this course; along with any suitable make-up assignments as determined by the instructor

Email Policy:

Email is an instructional tool essential to student-instructor and student-student communication. In the Blackboard environment by default, your email address is available to all students in this course.

However, students are permitted to use email addresses of other students in this course only for the purpose and the duration of this course.

The instructor can be expected to respond to regular student email inquiries (grades, posted assignments, and tests excluded) within the time frame of 24 to 48 hours.

Academic Honesty:

Work in this course is subject to the provisions of the FCC Code of Academic Honesty. Plagiarism in any form will not be tolerated. As a student, it is your job to practice academic honesty at ALL times. Make sure that all sources, particularly Internet sources, get proper credit for quotations, paraphrases, and ideas.

Students with Disabilities:

A variety of services are available to assist students in succeeding at FCC. Students can learn more about these services by visiting the Student Services web page: http://www.frederick.edu/student_services/index.aspx

Students with disabilities who are in need of accommodations or who have questions related to disabilities services should contact the Services for Students with Disabilities (SSD) office at 301-846-2408. Students can learn more about these services by visiting the Services for Students with Disabilities web page: http://www.frederick.edu/student_services/disability.aspx .

EC201HYB

Topical Outline

Fall 2010

Every effort will be made to keep to this schedule; however, the instructor reserves the right to alter or amend it as necessary. Additional dates, as published in the academic schedule of classes and listed below, may be required as make-up days for inclement weather.
Week		Subject	Textbook	Activity
1	10/23	Limits, Alternatives, and Choices	Ch. 1 & Appendix	ON CAMPUS Quiz
		The Market System and the Circular Flow	Ch. 2
		Demand, Supply and Market Equilibrium	Ch. 3
2	10/30	The U.S. Economy: Private and Public Sectors The United States in the Global Economy	Ch. 4 Ch. 5	ONLINE Assignment One Quiz
2		Measuring Domestic Output and National Income	Ch. 6	ONLINE Assignment One Quiz
3	11/6	Introduction to Economic Growth and Instability	Ch. 7	ON CAMPUS Test 1
3		Basic Macroeconomic Relationships	Ch. 8	ON CAMPUS Test 1
4	11/13	The Aggregate Expenditures Model	Ch. 9	ONLINE Assignment Two Quiz
		Aggregate Demand and Aggregate Supply	Ch. 10
		Fiscal Policy, Deficits, and Debt	Ch. 11
5	11/20	Money and Banking Money Creation	Ch. 12 Ch. 13	ON CAMPUS Assignment Three Test 2
		Interest Rates and Monetary Policy	Ch. 14

	11/21	Last Day to Drop Courses
	11/27	Happy Thanksgiving		College Closed
6	12/4	International Trade	Ch. 18	ONLINE Assignment Four Quiz
7	12/11	Exchange Rates, the Balance of Payments, and Trade Deficits	Ch 19	ON CAMPUS Test Three Semester Project Due

Fall 2010

Tests / Papers / Projects

Point Value

Topical Outline

Every effort will be made to keep to this schedule; however, the instructor reserves the right to alter or amend it as necessary. Additional dates, as published in the academic schedule of classes and listed below, may be required as make-up days for inclement weather.