Identify some of the fundamental economic concepts.
Demonstrate knowledge about how markets work and what happens in the presence of market imperfections.
Identify and apply the principles of production cost.
You'll also find learning outcomes in each of the chapters in this course. These outline what you'll learn in each chapter, and you can think of these unit-level learning outcomes as baby steps toward our big-picture, course-level learning outcomes outlined above.
You can find these on the schedule to this syllabus or in the Modules within our Canvas
Please note that you will be required to take the Chapter Quiz before you can advance to the next module.
I expect you to read the assigned readings before class each day, work with interactive figures, and answer the questions in the text. I reserve the right to remove or add items and change the weights below.
● Administrative (2%).
● Reading and Assigned Videos (24%). Each chapter and each week, you will have assigned reading and videos.
● Homework (20%). There will be about 6 homework assignments. There are team assignments. All interactions will be civil, respectful, and supportive of an inclusive learning environment.
● Quizzes (24%). The multiple-choice quizzes by module will be posted to Canvas. The quizzes will be closed and due at 11:59 PM (PST) of the due date. Canvas automatically grades these quizzes, and they will help prepare you for the exams. Two of the quiz grades will be dropped.
● Exams (30%). You will be tested every six weeks, with a cumulative final exam. The exams will consist of multiple-choice, short-answer, and T/F questions (modeled after the weekly quizzes). Additionally, there might be an article for you to dissect.
Requirement for a C Option 1. This course has a guaranteed C if you do all of the required work with a grade of B (80%) or better. You are not required to have a Cumulative Final or any presentations.
Requirement for a C Option 2. Not recommended. This course has a guaranteed C if you are unable to do all of the required work with a grade of B (80%) or better, at my discretion, you may take a final which you must pass with a C (70%) or better. This final will be written blue book final with two short answer questions chosen from the review questions at the back of each chapter. At my option, this could be a verbal exam.
Requirement for a B. This course has a guaranteed C if you do all of the work with a grade of B (80%) or better. After the first exam, you must apply for a B and deliver a Powerpoint and a video presentation.
Requirement for an A. You must do the minimum work with a grade of A (90%) or better. You must have met all the requirements for a B. After the second exam, you must apply for an A and deliver an additional Powerpoint and a video presentation.
● Extra Credit (TBD). There will be plenty of extra credit opportunities. With good work, they could improve your results by up to one letter grade.