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ECO 211 ONLINE!
Microeconomics: An
Introduction to Economic
Efficiency
FOUR SECTIONS These web pages will be used by four different class sections:
INSTRUCTOR INFORMATION
MATH SKILLSThis course requires students to have basic skills in mathematics, including the use of graphs. If your math skills are weak you should consider building them before taking this course. There is a Math quiz on our Blackboard website in the FOR PRACTICE section. Please take it as soon as possible and if you score poorly, 15 or less correct out of 20, then you should consider withdrawing from ECO 211 and take it later. If you are required to take MTH 060, or MTH 082 and have not yet done so, do not take this economics course. BLACKBOARD WEBPAGE
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REQUIRED: |
Microeconomics, by
McConnell, Brue, and Flynn, 19th edition,
McGraw-Hill, 2011
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BUYING the Tomlinson Videos on
ThinkWell
USING the Tomlinson Videos on Thinkwell:
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REQUIRED: |
The Yellow Pages are worksheets that I use in my face-to-face Micro sections. (They are printed on yellow paper.) We do most of the graphing exercises in class and some of the Quick Quizzes. For my online sections I post the Yellow Pages just for you to have for extra practice. You will not get points for doing them, but you will find them very useful while you prepare for the quizzes and exams. The Yellow Pages, and the Yellow Pages with Answers, are available to you for free on our Blackboard site. |
RECOMMENDED: Online or Paperback: |
Study Guide For Microeconomics, McConnell/Brue/Walstad, 19th edition, McGraw-Hill, 2012
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I will be sending you emails several times throughout the semester. You must check your Harper G-mail account periodically. Most students have their Harper e-mail automatically forwarded to their regular e-mail account (see below) so they only have one account to check. Whatever you do, CHECK YOUR EMAIL!Some of the emails that I will send can also be found on our Blackboard class site. See the FOR STUDYING section on the menu bar and click on UNIT EMAILS.
Option to Forward Mail from your Harper E-mail Account
You should always use your Harper email account when e-mailing your instructor. All e-mails from harper will be sent to your Harper e-mail account. If you do not check your Harper e-mail account often, you can find instructions on how to forward e-mail from that account to one you check frequently by logging in to the Harper Student Portal and clicking on the "My Harper E-Mail" tab. All correspondence in this class will be sent to your Harper e-mail account.When e-mailing your instructor always put "ECO 211", your section number, and a message in the subject line. Please use proper spelling, punctuation, and grammar.
Click on TEXTBOOK WEBSITE then select a chapter from the "Choose One" drop-down menu.
The entire course is divided into 26 lessons. Some chapters are divided into a few lessons (like chapter 3: lessons 3a, 3b, 3c) and other chapters have only one lesson (like chapter 6: lesson 6a).On the Blackboard LESSONS link you will find the following for each chapter:
- Introduction to the Lesson
- Short and interesting Case Study
- Reading Assignments
- Be sure to check before you begin reading a chapter. A "chapter" may be only partial and/or may include pages from other chapters or online.
- Assigned Online Video Lectures
- Most online video lectures are from the Tomlinson Videos on Thinkwell. You must purchase access to these videos (see above). These are listed on the page by their numbers (eg. 2.1.1, 2.1.2, 2.2.1, etc.). Other videos are free online. Videos are usually between 5 and 10 minutes long and there are usually between 5 and 10 videos per chapter.
- VIDEO LOGIN (Once you log in to the Thinkwell class site click on the "Chapter Checklist" link for a list of the videos by their number.).
- Once you log in to the Thinkwell class site click on the "Chapter Checklist" link for a list of the videos by their number.
- Note that each video can be watched FULL SCREEN.
- Also, for each video you will have access to a "Thinkwell Excercise" of from six to fifteen multiple choice review questions, as well as some Video Notes and Video Transcripts. The exercises are quite useful.
- Be sure to alsosee the VIDEO NOTES link on Blackboard
- Learning Outcomes/ Must Know - These should be very useful in guiding your studying
- Key Terms
- Discussion Questions
To do well you need to practice doing problems. Many are available to you but where should you begin?I recommend that you begin with:
- the REQUIRED ACTIVITES (since you earn points for doing them).
- the YELLOW PAGES -- Do the Yellow Pages and check your answers!!!
- Also: review quizzes for most of the Tomlinson (Thinkwell) online video lectures (VIDEO LOGIN)
(Once you log in to the Thinkwell class site click on the "Chapter Checklist" link for a list of the videos by their number.)Then, do other exercises that can be found on blackboard in the FOR PRACTICE section (no polints for these, for practice only):
- PREQUIZZES
- CLICKER QUIZZES
- PRACTICE EXERCISES (STUDY GUIDE & TEXTBOOK EXERCISES)
- OTHER REVIEW
- FINAL EXAM REVIEW
- PRACTICE QUIZZES / OTHER
- Ch 8 - 4 PRODUCT MARKETS practice quiz on Blackboard
- Ch 11 - GAME THEORY QUIZ practice quiz on Blackboard
- Ch 13 - 8 LABOR MARKETS practice quiz on Blackboard
- CH13 SUMMARY 8 MODELS
The final grade for the class will be awarded according to the following point system. Changes may be made to this grading policy. All changes will be posted on the class Blackboard page and an email will be sent to all students.
ACTIVITY
INFORMATION
POINTS
1 orientation quiz
5 points, must be taken online at: http://harper.blackboard.com/
5 points
16 Required Activities
2 points each. The Required Activities are online (Blackboard) chapter review quizzes of about 20 questions - usually multiple choice. They can be retaken as many times as you wish and only the highest score will be included in the final grade.
32 points
5 online quizzes
10 multiple choice questions, 1/2 point each each
25 points
Comprehensive Unit Exams
Unit 1: 40 points
Unit 2: 45 points
Unit 3: 50 points135 points
Comprehensive Final Exam
80 multiple choice questions, COMPREHENSIVE
80 points
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TOTAL: 277 POINTS
EXTRA CREDIT: Each of the three unit exams will also have an extra credit essay question worth 3 points. For more information see the EXTRACREDIT link on Blackboard.
LETTER GRADES will be awarded as follows: 90%=A, 80%=B, 70%=C, 60%=D, below 60%=F
Required Activities
For each chapter you will need to complete the online "Required Activity" (Note: there are two each for chapters 1 and 11). These can be found on Blackboard under the "REQUIRED ACTIVITIES" link. The required activities are worth two points each. You can do them as many times as you wish and only the highest score will be recorded. Most Required Activities are twenty multiple choice questions. Every time you open a Required Activity, even if you do not answer a single question, you must click on the SUBMIT button before you close the page.Click on SUBMIT EVERY TIME, even if you haven't finished all of the questions.
Quizzes
The five quizzes are online at our Blackboard site and they will be taken at home via the internet. They consist of 10 multiple choice questions each and will be worth 5 points per quiz. They can be attempted ONLY ONCE (i.e. you must finish the 10 questions the first time you access them), but there is no time limit.
- Quiz 1 - the 5 Es (http://www.harpercollege.edu/mhealy/eco211f/5es/5e.htm)
- Quiz 2 - Supply and Demand (chapter 3)
- Quiz 3 - Elasticity (chapter 4)
- Quiz 4 - Costs of Production (chapter 7)
- Quiz 5 - Monopoly (chapter 10 and 18)
STUDY: Before you take a quiz: (1) read the chapter reading assignments and take notes, (2) watch the VIDEOS and study the VIDEO NOTES, (3) do the YELLOW PAGES, (4) check the chapter "Outcomes/Must Know" on our LESSONS page, (5) do the Required Activities, (6) see the OTHER REVIEW link on Blackboard, and (7) do as many of the PRACTICE EXERCISES as needed to learn the material.
Comprehensive Exams
There will be three unit exams and one final exam. All exams are comprehensive.
- The unit 1 exam will consist of 40 multiple choice questions and a three point extra credit essay question.
- The exam for unit 2 will have 45 questions (40 from unit 2 and 5 from unit 1) and a three point extra credit question.
- The exam for unit 3 will have 50 questions (40 from unit 3 and 5 each from units 1 and 2) and a three point extra credit essay question.
- The comprehensive final exam is 80 multiple choice questions with NO extra credit. It will cover all units, 1 through 4.
The exams are NOT open book, NOT open notes, and you can NOT bring in a sheet of notes or formulas. You can use a calculator.
The three unit exams and the final exam will be taken on the Harper campus in the Assessment Center, Student and Administration Center, room A-148, phone 847-925-6541 [see: Assessment Center hours]. To take the exams you simply go to the testing center with a picture ID and ask for the appropriate exam for ECO 211.
The exams will be taken online, at the Testing Center, through our Blackboard site. Read that again. The exams are taken on-campus at the Testing Center. You will need to log in to our Blackboard site to take the exams on-campus.
Exams should be taken on, or before, the day listed on the "SCHEDULE" link on Blackboard, but they may be taken later without penalty. Try to stay on schedule, or better yet, get ahead.
Exams 1, 2, and 3 consist of multiple choice questions (each worth one point) and an extra credit essay (worth three points). After you SUBMIT your answers to the multiple choice questions the extra credit essay link will appear under the Blackboard "EXAMS" link. The Blackboard link "EXTRA CREDIT" will give you more information on the extra credit questions.
STUDY: Before you take an exam:
- read the chapter reading assignments on our LESSONS page and take notes,
- watch the VIDEOS and study the VIDEO NOTES,
- do the YELLOW PAGES and check your answers,
- check the chapter "Outcomes/Must Know" on our LESSONS page,
- do the Required Activities,
- see the OTHER REVIEW link on Blackboard, and
- do as many problems as needed to learn the material. For problems see the following on Blackboard
- REQUIRED ACTIVITIES
- YELLOW PAGES
- PRE-QUIZZES
- CLICKER QUIZZES
- PRACTICE EXERCISES
- OTHER REVIEW
WHAT YOU NEED: When going to the Testing Center be prepared to give the staff the following information:
- Picture ID
- Course number: ECO 211
- Instructor name: Mark Healy
- Test number
- Whether the test is the first attempt or a retake
- and, be prepared to log on to our Blackboard site.
GRAPH SHEET: When you take an exam at the Testing Center the staff will help you log into the exam and they will give you a "graph sheet" that contains all of the graphs, tables, and figures that are found on the online exam. You should use the graph sheet like sratch paper. Write on the graphs and the tables and do your calculations on the sheets. When you are finished with the exam you will give your graph sheet back to the Testing Center staff.
Exam Extra Credit Questions
After each of the three unit exams (including the retake exams) will be a three point extra credit short answer question. For descriptions of these three questions see the EXTRA CREDIT link on Blackboard in the FOR POINTS section of the menu.To access the extra credit short answer question:
- Finish the forty multiple choice questions and click on the SUBMIT button,
- Then click on the "EXAMS" link on the Blackboard menu and there will be a link for "Exam Extra Credit".
- Click on that link, type your answer in the space provided, and click SUBMIT.
- After the extra credit is graded you can see your answer and the correct answer by clicking on your SCORE in the Blackboard gradebook: MY GRADES. Be sure to check the correct answer before taking an exam retake. Note: the retake exams (see below) will have a similar, but different, question.
Comprehensive Retake Exams
One optional "retake" exam (same chapters, different questions) is available for each of the three unit exams. There is no retake exam for the final. If you take a retake, only the higher score will be included in your total score. Be sure to tell the Testing Center personnel that you wish to do a RETAKE. Retake exams also have an extra credit essay question.Please do not take the retake on the same day that you took the exam. If you need to retake an exam then you need to study more first. Retake exams can be taken at any time during the semester, but please try to have them done before final exams week. Also, check your extra credit answer (see above) before taking the retake.
Before you take a retake exam: (1) read the chapter reading assignments and take notes, (2) watch the VIDEOS and study the VIDEO NOTES, (3) do the YELLOW PAGES, (4) check the chapter "Outcomes/Must Know" on our LESSONS page, (5) do the Required Activities, (6) see the OTHER REVIEW link on Blackboard, and (7) do as many of the PRACTICE EXERCISES as needed to learn the material.
Exam Make-Up Policy / Exam Schedule
Students should take the exams according to the class "SCHEDULE", but they can be taken early or late (without penalty). NOTE: Students who get behind often do poorly. Try to stay on schedule, or better yet, get ahead. No exam, quiz, or any other assignment can be taken after the final exam date.
IMPORTANT: For exact reading assignments see: LESSONS. We may not read the whole chapter or a "chapter" may include pages from other chapters, so always check the "LESSONS" page before reading
Unit 1: An Introduction To Economics, Efficiency, and the Market System
- Ch. 1 -- Limits, Alternatives, and Choices and the 5 Es
- Ch. 2 -- The Market System: The Market and the 5 Es
- Ch. 3 -- Individual Markets: Demand and Supply and the 5 Es
- Ch. 5 -- Market Failure and the Role of Government
Unit 2: Elasticity, Consumer Decisions, and the Costs of Production
- Ch. 4 -- Elasticity: Deciding How Much
- Ch. 6 -- Consumer Behavior and Utility Maximization: Consumer Decisions
- Ch. 7 -- The Costs of Production: Producer Decisions / Costs
Unit 3: Product Markets: Decision Making and Efficiency
- Ch. 8 and 9 -- Pure Competition
- Ch. 10 and 18 -- Pure Monopoly and Regulation
- Ch. 11 -- Monopolistic Competition and Oligopoly
Unit 4: Resource Markets: Decision Making, Efficiency, and Equity
- Ch. 12 -- The Demand for Resources
- Ch. 13 -- Wage Determination
- Ch. 20 -- Income Inequality, Poverty, and Discrimination
- Ch. 22 -- Immigration
NOTE: This outline may be changed! Any changes will be announced via our Blackboard site..
A few textbooks and study guides have been placed on reserve in the library in case you leave yours at Grandma's house. Some can be checked out from the circulation desk for two days at a time and one is for in-library use only.
This is a difficult course! There is an old rule of thumb concerning studying for college courses: on average during a regular 16 week semester, students should attend class 3 hours a week and they should study outside of class TWO hours for every ONE hour of class. Therefore for a regular semester 16-week three-credit-hour online class this means that you should plan for NINE hours a week (three hours of "class" PLUS 2 x 3 hours of studying). This is an average, which means some courses require more study time and some less. You may find that economics requires MORE.For class sections of fewer than 16 weeks you will need to also study more hours each week. The 12-week -W65 section should study about 14 hours per week. The 8-week -W80 section, 18 hours per week.
The following suggestions should help you learn economics:
- READ THE BOOK! Read the assigned reading in the textbook and online. Passive reading of the textbook is not very helpful. Take notes. Read with a pen in your hand and a notebook on which to list, repeat, copy, calculate, etc. ALSO, pay close attention to the TABLES and GRAPHS. THEY ARE IMPORTANT. NOTE: we may not read all pages of a chapter or a "Chapter" may incluyde pages from other places in the textbook. Always see the LESSONS link before reading.
- WATCH THE VIDEOS! Watch the assigned online videos. This is like attending class for a face-to-face course. "VIDEO NOTES" from your instructor are available on our Blackboard site. Students have said that they are helpful. Also, do the review quizzes (THINKWELL EXERCISES) that are available for most of the Tomlinson Videos on Thinkwell. Once you log in to the Thinkwell class site click on the "Chapter Checklist" link for a list of the videos by their number. You will find the numbers of the assigned videos on our LESSONS link.
- STUDY - This is a difficult course! There is an old rule of thumb concerning studying for college courses: for 16 week semesters, on average students should study TWO hours for every ONE credit-hour of class. For online classes you need to add the three hours of class lecture time as well. So, for a typical 16 week, 3 credit-hour class, you should study 6 +3 = 9 hours per week. For 12-week and 8-week classes you need to study more. This is an average, which means some courses require more study time and some less. You may find that economics requires even more than this.
- DO PROBLEMS. If you don't do the problems you will do poorly on the quizzes and exams. Many are available on our Blackboard site.
- Begin with the REQUIRED ACTIVITIES (since you earn points for doing them) .
- Do the YELLOW PAGES. These are important. They will help you do better on the exams. The answers are available on Blackboard. If you do not understand a problem you can get help on our Discussion Board.
- Then, DO PROBLEMS. For problems see the following:
- PRE-QUIZZES
- CLICKER QUIZZES
- THINKWELL EXERCISES (LOGIN to our thinkwell Video site and click on "Chapter Checklist"
- PRACTICE EXERCISES
- OTHER REVIEW
- GET HELP
- Ask questions on the Blackboard Discussion Board
- Call or email the instructor for assistance. This should be done EARLY in the semester.
- email: mhealy@harpercollege.edu
- cell: 815-861-7265
- Free tutoring is available at the Harper College Tutoring Center
- You may also want to make use of SUCCESS SERVICES FOR STUDENTS AT HARPER COLLEGE (see below).
- GET AHEAD - Or at least keep up. It is easy to get behind. To get a good grade you will have to devote a significant amount of out of class time to studying economics. If you get behind there simply will not be enough time. Many students get an "F" grade in online courses because they get behind. Follow the SCHEDULE or GET AHEAD!
- APPLY the concepts learned in class to the "real world" including issues in the news and aspects of your personal life. The discussion questions foun on our LESSONS page is a good place to start.
Make the most of your college experience this spring by visiting Success Services for Students. Be aware of your academic needs and work to effectively change behaviors to improve academic success. Schedule an appointment for one of the following free sessions: Study Skills, Test Taking Tips, Time Management, Memory, Motivation, Test Anxiety, Reading Strategies, Math Strategies, Note Taking Skills, Concentration, Study Behavior Inventory, Learning Styles, Test Performance Analysis, Accounting Tips, Economics Tips and Preparing for Finals, Online Study Tips, and our new Economics Tips session.For more information or to schedule an appointment stop by F332, call 847.925.6715 or email: success@harpercollege.edu. See: http://www.harpercollege.edu/academicsupport
ECO 211-W01 /W02
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ECO 211-W03
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ECO 211-W04
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Your success in this class is important to me. If you have a disability (learning, physical, psychological or other) and may require some accommodation or modification in procedures, class activity, instruction, requirements, etc. please contact me early in the semester so we can refer you to ADS who will discuss and arrange for reasonable accommodations. The Access and Disability Services department is in the Building D, D119, 847.925.6266 or TTY (847) 397-7600
Equal Opportunity Statement
William Rainey Harper College provides equal opportunity in education and does not discriminate on the basis of race, color, religion, national origin, age, marital status, sexual orientation, or disability.
Student E-mail Notifications
All notifications related to student registration or other business activities are sent to students via a G-mail account that is assigned to students upon registration. Students access the G-mail account via an icon in the student portal (where you registered for classes). Please check this e-mail frequently. To forward e-mails from this account to a personal e-mail account please follow the instructions for forwarding Harper e-mail available at http://harper.blackboard.com/
Academic Honesty Policy
Harper College is strongly committed to the promotion of high ethical standards. Such standards can best be accomplished in an environment where honesty and integrity are practiced. For this reason the College strongly condemns academic dishonesty. Academic dishonesty includes cheating, plagiarism or other improper appropriation of another's work as one's own and falsifying records to advance one's academic standing.
Cheating includes but is not limited to copying answers, stealing and/or disseminating tests or answer keys, using someone else's data in preparation of reports or assignments, and assisting others in such practices.
Plagiarism involves the presentation of another person's words, ideas, or work as one's own. It includes but is not limited to copying any material (written or non-written) without proper acknowledgment of its source, and paraphrasing another's work or ideas without proper acknowledgment.
Falsifying records includes but is not limited to falsifying or improperly altering college records and documents, or knowingly supplying false or misleading information to others (e.g., the College, other educational institutions, or prospective employers).
Any form of academic dishonesty as defined by the faculty member or department is a serious offense requiring disciplinary measures. Discipline for academic dishonesty involving a specific course shall be first determined by the instructor of the course and may include failure of the specific assignment, project or test, or failure of the course. The student may appeal the instructor's decision in accordance with the College's Student Academic Complaint Procedures. In cases of academic dishonesty the faculty assigned grade supersedes a student-initiated withdrawal. In cases where disciplinary measures beyond course failure may be deemed appropriate by the instructor, or dishonesty that is not related to a specific course, the student may be disciplined in accordance with the Student Conduct Policy with the appropriate vice president involved in the decision.