Course Syllabus

Course Name: MicroEconomics  
Course Number: ECO2023

 

Faculty Contact Information

Instructor Name:  Michael Fenick
Office Phone: 954-201-6698
Email: Please use: mfenick@broward.edu (please do NOT use theD2L email tool)
Office Hours: Office: Campus / Bld. / Room: Central Campus/ Bldg 9/ Room 136
Days/Time: By appointment

How to Email your professor (please send all emails in this format): README You will lose 1 point on your final grade for each email not sent in this format.

Course Description

An introductory course stressing microeconomic theories. Topics studied include the theory and application of supply and demand elasticity; theory of consumer demand, utility; production and cost theory including law of diminishing returns; the firm's profit-maximizing behaviors under market models ranging from pure competition to pure monopoly; the theory of income distribution; comparative advantage, trade policies exchange rates, balance of payments, and other international issues. This is a writing credit course. Prerequisite: Completion of prep reading obligation.


General Course Outcomes

1.0 The student shall be able to define the basic economic concepts; learn and apply the language and terminology of economics; and explain the role of government in a modern mixed economy.

2.0 The student shall be able to calculate elasticity and apply the concept in various demand and supply situations.

3.0 The student shall be able to apply the analytical basis of consumer behavior in using services and goods.

4.0 The student shall be able to determine the theoretical optimum behavior of the firm as it seeks to maximize total profit in various market models ranging across the competitive spectrum, from pure competition to pure monopoly.

5.0 The student shall be able to write clearly and coherently in describing basic production theory, the marginal productivity theory of income distribution, and the relationship of the latter to theories of rent, wages, interest, and profit.

6.0 The student shall be able to describe the theories and problems of international trade, in developed and developing economics, as well as the history and present status of the international payment system.

Prerequisites & Corequisites

To maximize your chances for success in this course, make sure that you meet the following course prerequisites:


Attendance & Participation Policies

During the first week of class, you must either attend the first two class meetings or you be dropped from the course. Simply logging into the course will not satisfy your attendance during this time. As with an on-campus course, students who are reported for non-attendance in an online course and are withdrawn are still responsible for paying for the course. If you do not complete the requirements of the first week of class, you should drop the course by the official drop/add deadline or expect to pay for the course.

It is very important for you to actively participate in this online class. If you stop participating in class discussions, do not submit assignments, or fail to take quizzes or tests prior to the withdrawal date, you will be withdrawn from class and receive a W or, if it is your third attempt, an F.

If you stop participating after the withdrawal date, you will receive an F. To avoid this situation, you should remain an active learner in this class and always communicate extenuating circumstances to your instructor. Ongoing communication with the instructor is critical to your course success. Completion of tests, assignments, and other class activities are used as indicators of your participation in order to satisfy this reporting requirement.

See the list of activities required for participation and attendance on the General Course Policies page


General Policies & Technical Requirements

You are responsible for being familiar with all BConline policies and procedures related to your activity in this course.

Broward College Policies

Technical Requirements


Communication Policies

Communication

Faculty Response


Textbook & Materials

  • Principles of Economics 2e
    (openstax)

    Digital:

    ISBN-10: 1-947172-37-9
    ISBN-13: 978-1-947172-37-1

     

    Read Online:Read and Search online textbook

    or

    Download PDFEconomics2e_Openstax

  •    

    Methods of Instruction

    This is a 3-credit hour blended course with several in class meetings. In this class, you will engage in structured out-of-class and online activities as well as meet in person on campus. The online activities may include, but are not limited to, readings, discussions, essays, case studies, research, and/or online quizzes and tests. See the course schedule for a detailed description of activities. Students are responsible for regularly reviewing the course schedule, meeting in class on campus, and completing all required assignments, discussions, and assessments.


    Course Schedule & Activities

    Read and refer to this section regularly. It will tell you what assignments you should complete, and how to complete them. Deadlines for assignments, assessments, discussions, quizzes, tests, and all other graded and non-graded activities are posted in the course schedule. Submitting work late will be permitted only under extenuating circumstances and only with prior notification and documentation (original funeral notice, original doctor note, etc.).

    Instructions for Discussion Forum:

    Instructions for Assignments:

    Instructions for Tests:

    Instructions for Participation:

    Class meeting dates/times

    641829 ECO2023 MICROECONOMICS 10/15/2019 12/10/2019 01:00 PM to 04:00 PM F 9 /105

     

    Class Meeting
     
    Friday, October 18, 2019
    Friday, October 25, 2019
    Friday, November 1, 2019
    Friday, November 8, 2019
    Friday, November 15, 2019
    Friday, November 22, 2019
    Friday, November 29, 2019
    Friday, December 6, 2019

     

    Points

    Item Points
    Orientation Email 2
    Orientation Survey 2
    Assignment 1 12
    Assignment 2 12
    Assignment 3 12
    Assignment 4 12
    Assignment 5 12
    Quiz 1 75
    Quiz 2 75
    Quiz 3 75
    Quiz 4 75
    Quiz 5 75
    Participation 40
    Total 479

     

    Grading & Exam Policies

     

    Grading Scale

    Grades

    Percentage

    Grade = A

    90-100+%

    Grade = B

    80-89.9%

    Grade = C

    70-79.9%

    Grade = D

    60-69.9%

    Grade = F

    59.9%-0.0%


    Technical Resources