8:00a - 9:20a
The students will focus on economic decision alternatives available to economic entities in factor markets, production options, competitor expectations, and public policy issues.
Upon successful completion of this course, the student should:
1. understand and be able to apply basic analytical tools for evaluation of economic
opportunities and challenges that arise within business entities.
2. have an improved understanding of the relationship between a market economy, its
economic entities and the role of government.
3. be able to apply economic principles and analyses in a real world business context.
Grades will be based on student performance and achievement as measured by a series of homework assignments, unannounced quizzes, and examinations. The relative value of each is:
Unannounced and scheduled quizzes: 10%
Average of homework/project assignments: 25%
Examination/Case Study grades: 45%
Class participation: 10%
Assignment Presentation 10%
An optional comprehensive final exam will be given. This exam will be the make-up exam for those individuals who, for one reason or another, miss one of the mid-term exams. For all students who take the final exam, the achieved grade will replace the lowest mid-term exam score that is recorded.
Students are expected to attend class and participate in discussions. Students who are absent for three (3) consecutive class sessions may be dropped from the class with a “WF”. Meaningful participation in discussions will require that assigned materials and projects be completed before the class in which they are considered. Assignments are to be turned in at the beginning of class. Assignments turned in late (after the first 5 minutes of the class period in which they are due) will be accepted for grading, provided they are submitted before solutions are posted. Late assignments may be assessed a penalty equal to no more than 12% of the grade earned. Make-up quizzes will not be given, even if an absence is determined to be excused.
Answers you provide in exams, homework assignments, and projects are expected to reflect logical reasoning, to be well articulated, including correct grammar and punctuation and to be clearly legible. For problems, the expectation is that each axis, all lines and pertinent points on graphs will be labeled with all variables and other factors clearly identified. This class will make extensive use of Blackboard/WebCT. Each student is expected to master the use of this tool for communication and information regarding class assignments and activities.
ELECTRONIC COMMUNICATION DEVICES
There is no valid reason to have a cell phone or other communication device active during the class period. Please deactivate these devices when you arrive for class.
During examinations, cell phones and other communication devices are not permitted in the vicinity of the examination. Any calculator you plan to use during an examination must be independent of communications devices.
GRADE APPEALS PROCESS
Students who wish to appeal a grade should consult the Midwestern State University undergraduate catalog, 2010-2012, pp. 75.
IMPORTANT DATES DURING THE SEMESTER
Last day for fall term schedule changes: August 25, 2010
Deadline to apply for graduation in December 2010: October 4, 2010
Deadline to apply for graduation in May 2011: October 15, 2010
A copy of the Fall 2010 Academic Calendar is attached at the end of this syllabus.
SYLLABUS CHANGE POLICY:
This syllabus is a guide for the course and is subject to change. All changes will be announced in class and students will be responsible for incorporating the changes into the syllabus.