Embedded Files
This course will apply insights from economic theory to the practice of starting a new business or expanding a current business. The course will combine elements of strategy, marketing, and entrepreneurial finance courses as typically faced by all businesses. The course begins by examining general issues regarding entrepreneurship, such as product inception and the search for markets that can support entrepreneurial profits. The next section turns to specific strategic decisions that entrepreneurs make: pricing, advertising, product location, deterring entry by competitors, etc. The last section examines practical issues in entrepreneurship, e.g. finding capital, business plans, patent protection, negotiation, and employee compensation. Local entrepreneurs will provide guest lectures on their entrepreneurial experiences and advice. Open to all majors. Will count as an elective in the economics major.
Resource Links
http://www.somethingventuredthemovie.com/ - Available on NetFlix
8 simple tips from a female entrepreneur
Peace on the Prairie - An entrepreneurial laboratory.
Illinois College's Community of Care Agreement
Illinois College's Community of Care Agreement
We recognize that our collective health and wellbeing as a community is dependent on our individual actions which affect the safety of those around us. We must act accordingly to protect our campus and the Jacksonville community from the spread of COVID-19.
In this spirit, we — the members of the Illinois College community — pledge to do the following:
Always:
Wear a mask around others.
Wash hands with soap and warm water and use hand sanitizer often.
Maintain six feet of distance from others.
Take temperatures daily and monitor possible symptoms.
Be ready to:
List those we have come into contact with should we become ill.
Self-quarantine if potentially exposed.
Sanitize classrooms/computer labs/athletic equipment before and after use.
Contact Chesley Health and Wellness Center if not feeling well.
Create a caring, safe environment on campus by:
Encouraging others to follow these guidelines.
Keeping social gatherings to fewer than 10 people.
Minimizing time in stores, restaurants and bars, especially indoors.
Avoiding unnecessary travel and all unnecessary risks.
Illinois College Mission Statement
True to its founding vision in 1829, Illinois College is a community committed to the highest standards of scholarship and integrity in the liberal arts. The College develops in its students qualities of mind and character needed for fulfilling lives of leadership and service.
Illinois College Statement of Community Responsibility
To ensure that all members of our community live, work, and learn in an environment
where they can thrive, we affirm four guiding virtues: commitment, curiosity, clarity, and
civility.
- With commitment, we will work diligently to support our community and pursue
excellence.
- With curiosity, we will be eager to learn, open to new information, ready to take risks,
and earnest in our pursuit of growth.
- With clarity, we will be open and honest with each other, and act with integrity at all
times.
- With civility, we will treat one another with respect and care, and seek justice and
understanding within and beyond our community.
Through commitment, curiosity, clarity, and civility, we pledge to uphold the mission and
vision of Illinois College, ensuring that, both individually and collectively, we do all we
can to make a positive difference in our world.
Institutional Diversity Statement
Illinois College is committed to providing an environment in which all members of the college community will find support for their individual growth and development whatever their race/ethnicity, gender, sex, sexual orientation, age, disability, religion, national/geographic origin, language use, socio-economic status, first generation status, veteran/military status, or political ideology. As we shape our campus community, the importance of diversity, equity, and inclusion is expressed within policy, practices, programming, decision-making, strategic planning, and pedagogy. Under this multidimensional framework, Illinois College will strive to develop a pluralistic community that directly supports our commitment “to the highest standards of scholarship and integrity in the liberal arts” and to developing in our students “qualities of mind and character needed for fulfilling lives of leadership and service.”
Classroom expectations relating to COVID-19
A productive learning environment requires a community of respect between all participants. We face additional challenges in creating this community in the fall semester of 2020. All members of the IC community must work together to reduce the risks that COVID-19 poses to your educational goals.
You are expected to wear a face covering (generally a mask unless you have permission to use a face shield) when you are indoors in public spaces including classrooms, laboratories, and study spaces.
Acceptable face coverings include the IC masks you received when you arrived on campus. Acceptable alternatives must have two or more layers of densely knit or woven material without unfiltered venting.
Your mask must be worn to cover your mouth and nose. Eating and drinking are not permitted during class.
If you are not wearing an acceptable face covering for an indoor class, you are not allowed to attend class until you put on a face covering. It is your responsibility to ensure that you have a face covering available to put on when you enter public spaces. If you remove your face covering without the instructor’s permission and do not replace it immediately, you will be asked to leave class for the day.
Classrooms have been de-densified and furniture placed at six-foot intervals. Do not move chairs, desks, or tables closer than six feet. You may not move furniture from one room to another if it will increase the density of people in the classroom. Sanitizing wipes will be available in the classroom; you are expected to wipe down your chair and desk or table at the beginning of class.
Signs have been placed on doors and in corridors directing traffic flow, and you are expected to follow these guidelines except in the case of an emergency.
You should always wash your hands or use hand sanitizer when you return to your room and before eating or drinking. If it is possible without crowding in restrooms, wash your hands between classes. Alternatively, use hand sanitizer.
Persistent and deliberate disregard for the practices outlined in the Community of Care Agreement will lead to disciplinary action up to and including dismissal from the College. Sanctions for not abiding by the Community of Care Agreement include:
Disciplinary Probation: Official notice placed in a student’s permanent file that the student has been found to have violated College rules and regulations and a warning that further violation of rules and regulations will result in possible suspension or expulsion. Probation may include restriction from participation in College activities for a specified period of time.
Deferred Suspension: Deferred suspension allows the student to remain on campus and continue attending classes. However the student may not hold any leadership positions, participate in Literary Societies, and/or be a member of an athletic team. Any additional policy violations will result in immediate suspension from the College.
Suspension: Exclusion from the College for a specified period. A student who is suspended shall be denied all academic and social privileges and is expected to be absent from College grounds and buildings during the period of the suspension.
Dismissal: A student who is dismissed is no longer part of the Illinois College community and barred from readmission.
If you have concerns about these policies or adherence to them, contact Laura Corey, Dean of Faculty (dean.faculty@ic.edu, 217-245-3295) or Jennie Hemingway, Associate Dean of Student Success (jennie.hemingway@ic.edu, 217-245-3006.) Faculty and staff must also adhere to these guidelines. If you are uncomfortable with your instructor’s pattern of behavior please complete the Community of Care Agreement Concern form which you can access through single sign-on (login.ic.edu).
Everyone on campus will be using the symptom tracker through the Medical patient portal. If you are experiencing symptoms and especially if your temperature is over 100.4° F (38° C) remain in your residence and call Chesley Health and Wellness Center (217-245-3038 or email Health@ic.edu) as soon as possible. Please notify me by (email, phone, or however else you would like to be notified that the student can’t attend class).
If you cannot attend class when you are scheduled to do so please text me at 217-673-5241.
The use of any photography, audio, or video recordings is prohibited during the class period without institutional consent from either the instructor or Disability Services. This is to help maintain a safe learning environment. Lectures and classroom activities may be recorded using Echo360 or Zoom this semester. These videos are meant to be a helpful resource for students enrolled in this course and are property of the instructor. Instructors will only use the recordings for the purposes of this course. Students may not publicly post or disseminate any course materials to individuals outside of this course (including videos and slides). Violating these policies could result in disciplinary or legal action. If you have concerns about this policy, please contact the instructor immediately.
Seating Charts - In a normal year I would not have a seating chart, however, for Covid-19 tracking reasons we will keep a seating chart this semester. Once set, please respect the need to know where people have sat in class.
Expectations for remote participation
All courses this semester will have some online components. These are integral parts of your courses and you should follow the same guidelines as for an in-person class. This includes a commitment to civil and respectful discourse on the part of all participants in any format.
Netiquette Statement
To maintain a positive online environment for this class, everyone needs to follow the netiquette guidelines summarized below. All learners are expected to:
Show respect for the instructor and for other learners in the class
Respect the privacy of other learners
Express differences of opinion in a polite and rational way
Maintain an environment of constructive criticism when commenting on the work of other learners
Avoid bringing up irrelevant topics when involved in group discussions or other collaborative activities
The following list summarizes the kind of behavior that is not acceptable. Learners should not:
Show disrespect for the instructor or for other learners in the class
Send messages or comments that are threatening, harassing, or offensive
Use inappropriate or offensive language
Convey a hostile or confrontational tone when communicating or working collaboratively with other learners
Just as for in person class, you need to be able to focus on the class. Therefore, you should limit distractions. For example, do not attempt to attend class while driving. As a courtesy to your roommates and others, please use headphones if you are not alone.
Expectations for Engagement
Provide your expectations for engagement here. This should not be a traditional attendance policy but should address:
All assignments for this class are found on Mindtap. Links to Mindtap are provided in the Moodle Classroom. jkll
Expectations for completing asynchronous course elements (e.g., watching videos) and consequences for failing to complete them
Campus Support Resources
Illinois College wants all students to succeed. We offer a variety of support services to help you.
Academic Support Services
Center for Academic Excellence
The Center for Academic Excellence (CAE) is located in Lincoln Hall. The Center is your academic partner on campus and provides services to help you meet your academic goals. Services include 1-on-1 coaching and advising, tutoring, and study skills development. Services are free of charge and open to all students. To make an appointment call 217-245-3575 or email academic.excellence@ic.edu.
Students with Disabilities
Illinois College is committed to creating a successful community of inclusive excellence as we prepare students to live, learn, and work among people who experience the world in fundamentally different ways. For students with documented disabilities, it is the goal of the College to provide an environment that encourages equal access and participation to its various programs through a variety of services and accommodations. Reasonable accommodations are provided in accordance with the various policy statements of the College and in compliance with all applicable provisions of the Americans with Disabilities Act (ADA), as amended, and Section 504 of the Rehabilitation Act of 1973. In order to receive disability-based academic accommodations, a student must self-identify and register with Disability Services.
Accommodations are not retroactive; therefore, it is important that students contact Disability Services as soon as possible to begin the process. All accommodations must be approved through Disability Services.
In light of ensuring the safety of the IC community, please confirm an appointment with Disability Services in advance. While some appointments may be completed on-campus at the HUB in Lincoln Hall, drop-in appointments are not available and meetings will be held virtually as appropriate. To make an appointment, call 217-245-3068 or email elizabeth.hommowun@ic.edu.
Speech Communication Center
The Speech Communication Center (SCC) is a service provided to students who want to receive practical advice and suggestions (including verbal, written, and video feedback) for improving their presentations. Students enrolled in CO 101: Speech Fundamentals or other Speaking Extensive Experience courses are particularly encouraged to make an appointment. All SCC appointments will be conducted via Zoom. Speech Center Advisors working for the SCC are trained to help individuals not only improve their presentational skills, but also reduce their anxiety about public speaking. To make an appointment or for further details please contact Dr. Adam Jones at adam.jones@ic.edu
Transfer students
If you are a recent transfer student and are unfamiliar with any language or policies in this syllabus that are unique to Illinois College, or otherwise have questions or concerns that are unclear in your transition to the institution, please don't hesitate to approach me after class or during office hours.
DACA students, friends, family members, and/or any immigration concerns
If you have any questions, concerns or need information and/or support regarding DACA for you, friends, family members or acquaintances, or if you need help with your own renewal process (finding resources such as legal assistance, monetary assistance, moral support or any other support with respect to DACA), please contact our campus DACA students’ advocates: Prof. Grullón-García (diana.grullongarcia@ic.edu) and Valeria Cueto, Director of the Office of Diversity, Equity, and Inclusion (valeria.cueto@ic.edu). We are here to help!
Chesley Health and Wellness Services (Health & Counseling)
If you feel poorly, want to get a flu shot, or have other medical questions, contact the Chesley Health & Wellness Center located in Lincoln Hall. For an appointment, call 217-245-3038 or email Health@ic.edu.
Students Experiencing Emotional Distress
During the semester, if you find that stress or anxiety are interfering with your academic or personal success, consider the counseling services provided through Chesley Health & Wellness. All services are free and confidential. Chesley Health & Wellness is located in Lincoln Hall and can be contacted by phone (217-245-3038) or Health@ic.edu.
Students Worried About A Friend's Distress
Contact Chesley Health & Wellness or SafeIC Case Manager (Jessica Flynn: jessica.Flynn@ic.edu; x3270). All contacts are confidential. Referrals can also be made anonymously via a Behavioral Incident Referral form at https://www.ic.edu/safeic/referral.
Academic Policies
Academic Integrity
Academic integrity is a fundamental component of the mission of Illinois College. Academic integrity is the completion of course tasks with one’s own ideas and/or accurately acknowledging sources. Violations of academic integrity include plagiarism and all other forms of cheating, such as using notes or consulting the web during a test, submitting someone else’s work as your own, or submitting your own paper for two different classes without the faculty member’s permission. The Illinois College Code of Conduct can be found on the IC website: https://www.ic.edu/codeofintegrity.
If a professor encounters a violation of Academic Integrity, he or she will contact the Academic Affairs Office. If it is the first time the student has violated the honor code, the instructor will then enact an appropriate punishment.
The consequences for violating academic integrity in my class are failure of the assignment on the first offense. Failure of the class and submission to the honor board on a second offense. For a second offense, the Office of Academic Affairs will investigate the incident and determine the punishment, which is generally harsher that I will impose including the possibility of expulsion for Illinois College.
If the student(s) does not agree with a punishment, the student(s) may make an appeal to the Honor Board.
Final Exam/Assessment
Although each course will have an assessment--a paper, project, presentation, or exam--that takes place during the traditional week of final exams on December 7-11, there is no campus-wide final exam schedule this semester.
The final assessment for this course will be on MindTap and the availability date will be provide in class and on MindTap.
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