Principles of Economics:
Micro
Fall

15 Module Suggested Calendar

(Need to Know menu)

 

    
Textbook
(Study Guide is
similarly colored)

Six Initial Steps for Success
 

 

 

 

Table of Links to 15 Modules of Instruction

Introduction (for first-time distant-learners)

First Block of Study          

 (1) Demand and Supply
 (2)
Efficiency, (3) Government, and (4) Taxes 

Module 1 Module 2 Module 3 Module 4 Module 5
First Exam

Second Block of Study        

 How to Figure Costs and Revenues
(6) Costs (7) Revenues from Perfect Competition, (8) Monopoly, and (9) Oligopoly                         

Module 6  Module 7 Module 8 Module 9 Module 10
Second Exam

Third Block of Study        

 (11) Monopolistic Competition  
 (12)
Regulation of Industry,  (13) Markets for Labor, Land, & Capital  and (14) Reducing Poverty 

Module 11 Module 12 Module 13 Module 14 Module 15
Third Exam
Final Essay

Links

 

One Dozen (or so) Bookmarks
(to items on this webpage)


1.  
Introduction           (for first-time distant-learners)                                        

 2.  Introduction          (How to use the Syllabus and 15-Module Calendar)   

 3.   Table of Links to 15 Modules of Instruction    and    PHCC Links                                            

 4.  Fall Semester Course
 and How It's Graded                                                                         

 5.   How to Request a Proctor                                                                                      

 6.   Link to Projects #1, #2, #3, and #4                                     

 7.  How to Send Me Your Request for Financial Aid Verification                          

 8.  Table Explaining How to Use the 4 Columns of Information in the 15-Module Calendar       

 9.  First Block of Study                                

 10.  Second Block of Study                         

 11.  Third Block of Study                             

 12.  What's happening in Macroeconomics?
 

Fall Semester Course and How It's Graded


Fall Semester Course consists of 15 academic weeks and a 16th Exam Week.
Each week is we study a new Module of Instruction.
 
Part One: Weeks 1 and 2 and 3 and 4 and 5
(Modules 1 through 5)
Take Exam #1
 
(200 points)
during Module 5
Part Two: Weeks 6 and 7 and 8 and 9 and 10
(Modules 6 through 10)
Take Exam #2 
 
(200 points)
during Module 10

(Expect a Thanksgiving Holiday during which I will not be holding class.)

Part Three: Weeks 11 and 12 and 13 and 14 and 15
(Modules 11 through 15)
Take Exam #3
 
(200 points)
during Module 15


Where to take your exams:

For in-class students, exams may be taken in the scheduled classroom.
Distance Learners take their exams at the Learning Resource Center (LRC) where they are on file under your name after course registration ceases.  In the 15-Module Calendar below Exams #1, #2, and #3 are called to  your attention by this symbol:

How to request a proctor:
If you complete a proctor form, the LRC staff will send your exams to the proctored location you request.  Contact Carol Ford, cford@ph.vccs.edu  for instructions on how to request a proctor.

 

How many points are in this course.
 

Exam #1 200
Exam #2 200
Exam #3 200
Project #1 100
Project #2 100
Project #3 100
Project #4 100
Total 1,000


How grades are determined:
 

A      >900 points
B 800-899 points
C 700-799 points
D 600-699 points
F       <600 points


Penalty for late work:

24 hours 20%
48 hours 40%
72 hours 80%
>72 hours no grade

 

How to Request a Proctor

 

If you complete a proctor request form, the  Learning Resource Center (LRC) staff will send your exams to the proctored location you request. 

Contact Carol Ford, cford@ph.vccs.edu  for instructions on how to request a proctor.
 

Link to Projects #1, #2, #3 and #4

(Project 4 is the final exam)


Projects #1, #2, #3, and #4 each earn you up to 100 electronic participation points.
(That's 400 of the 1000 points possible Principles of Economics II.)

You don't need to wait to begin the projects.

 

Projects #1, #2, and #3 are based upon The Economics of Public Issues.

                                                                                                                      Sample Cover

Project #1 is a report on Part 4- Market Structures
Project #2 is a report on Part 5 - Political Economy
Project #3 is a report on Part 6 - Property Rights and the Environment.
Project 4 is an essay about methods used in taking Principles of Economics II at PHCC.

Project #1 is due during Module 5 Part 1.
Project #2 is due during Module 10 Part 1.
Project #3 is due during Module 15 Part 1.
Project #4 is your final exam and is due by the deadline at the bottom of the 15-Module Calendar.
 

 

How To Send Me Your Request for Financial Aid Verification


 
Do you need financial aid verification? 


If so, complete the material in this table and send it to me.

Address a single email to me AND to Financial Aid at PHCC AND yourself using these email addresses and your own separated by a semi-colon (;)

By including all four email addresses, when I use the "reply to all" command, you, me, and the financial aid officers will all receive a copy of my approval or disapproval.
 

 

To:  
  tmeyer@ph.vccs.edu
  njefferson@ph.vccs.edu
  pstultz@ph.vccs.edu
  your email address:  ___________________
 
From:  
  your name:  __________________________
 
Subject:  
  Request for Financial Aid Verification
 


Date sent: _______________

 

Dear Professor Meyer and Dear Staff at the Financial Aid Office,

 1. In Principles of Economics II (Microeconomics), I have done the assigned reading in the 15-Module Calendar for each assigned chapter up to and including
Chapter # __________________ called " ____________________________________________."

 2. Regarding my homework, I have completed my Study Guide for this chapter and preceding chapters, beginning with page"________" and ending with page "________"
on this date: "____________________."
 

 3. I have taken the pre- and post-study bonus quizzes through Moudle # ___________________, and the results have been posted to BlackBoard.  (See note.)

(Or specify what ever you have done to deserve your financial aid.) ___________________________________________________
___________________________________________________
___________________________________________________

Please process my request for financial aid.  Thanks very much!

Sincerely,

Name: ________________________________

 

 

 

 

"Here's the evidence of my participation in
Principles of Economics II
Microeconomics)

 

(sample "exercise")

 

  Note: Students on financial aid should take the bonus point quizzes to demonstrate continuing participation throughout the course.

 

Table Explaining How to Use the Four Columns
of Information in the 15-Module Calendar

Column 1
Assignment
Column 2
Timeline
Column 3
Daily Class Outlines
 
Column 4
Chapter Overview
In Column 1 you will find the module number (Module)  and chapter title to a reading assignment.  You should read the chapter and complete the corresponding material in your study guide.

There is a link to the course objectives  (Course Objectives)  from this module's assigned chapter. (These are called Chapter Checkpoints in your text and study guide.)

There may be links to PowerPoint slides
 (PowerPoint)
.

Click these links to examine the course objectives and the PowerPoint slides.

The dates during which you should complete each module are listed under the word "Timeline" in
Column 2.

Weekend Warrior Bonus Points!

You can take pre-study bonus quizzes on most course objectives before you read the text to determine how much you already know.

You can take post-study bonus quizzes after you complete the Lesson Plans and study guide to determine how much improvement your efforts made.


 

 

The name of the chapter and links to two daily class outlines called "Part 1 and Part 2" are in Column 3 for each module.

Click these links to examine the daily class outlines.

Every lesson plan has bookmarks to:

Admin/Preview

Class activity;
Summary of Course Objectives
Homework
(Do your study guide!)

 

Column 4 contains a chapter overview.

 

 

 First Block of Study

 The Basic Ideas:
Demand and Supply 
 Efficiency, Government, Taxes and Externalities   

Introduction - How to use the Quick Links in these modules.

During weeks 1 through 5, we study Modules 1 through 5.

 Assignment
 &
 Course Objectives
 
 Timeline  Daily Class Outlines
 &
 PowerPoint Slides
 Chapter Overview

Module 1

 

 Assignment

Read & Study:

Chapter Title:
Demand

and Supply
 

in your text and study guide.

 
 Course Objectives

Master these:

Course

Objectives

 

 

 

 

 

 

 

 

 

 

Timeline

Students should keep up with the following timeline while visiting the links colored purple.

Take the bonus point pre-test Aug 27 or 28,  2007

ECO 2214

Lesson Plan
Part I
August 28, 2007
Lesson Plan
 Part II
August 30, 2007
Take the bonus point post-test Saturday Sep 01, 2007

 

 

Additional Help

 

Elasticity: An Active Learning Game
(Played with economists and non-economists at the Chesapeake Campus of Tidewater Community College)

Click
http://fpwww.ph.vccs.edu/eco/202w1/ElasticityAnActiveLearningGame.htm

 

 

 Daily Class Outlines  

Do the homework in the Lesson Plan links.

Lesson Plan 1

Lesson Plan 2

 

 PowerPoint Slides

Read the PowerPoint Chapter Lecture link.

Demand and Supply

Demand and Supply
Lecture

Alternate lecture and links below are enrichment but are not required reading:

Lecture on
 Elasticities
of Demand
 and Supply

 

Alternate Lesson 1

Alternate Lesson 2

Alternate Lesson 
Slides

 Chapter  Overview  

In this chapter you learn how the law of demand and the law of supply combine forces to determine the price and quantity of goods and services in marketplaces. 

The lecture on elasticities is not required reading.  It is for those students who may have already studied demand and supply in a different class.

 

Module 2

 Assignment

Read & Study:

Chapter Title:
Efficiency and Fairness
of Markets
 

in your text and study guide.

 Course Objectives

Master these:

Course Objectives

 


 Timeline

Students should keep up with the following timeline, by visiting all the links colored purple.

Take the bonus point pre-test Sunday Sep 02,  2007

ECO 2214

Lesson Plan
Part I
Sep 04, 2007  
Lesson Plan
Part II
Sep 06, 2007  
Take the bonus point post-test Saturday Sep 08, 2007

Additional Help

 

 Daily Class Outlines

Do the homework in the Lesson Plan links.

Lesson Plan
Part 1


Lesson Plan
Part 2

 PowerPoint Slides

Read the PowerPoint Chapter Lecture link.

Lecture on
Efficiency

and Fairness
 of Markets

Alternate links are enrichment but are not required reading:

Alternate Lesson 1

Alternate Lesson 2

Alternate Lesson 
Slides
 

 Chapter  Overview  

This chapter answers two questions:
(1) Are equilibrium quantities and prices in markets for goods, services, and factors of production efficient?
(2) Do markets distribute goods, services, and factors of production fairly?

 

Module 3

 Assignment

Read & Study:

Chapter Title:
Government Influences
on Markets
 

in your text and study guide.

 Course Objectives

  Master these:

Course Objectives

 


 Timeline

Students should keep up with the following timeline, by visiting all the links colored purple.

Take the bonus point pre-test Sunday Sep 09, 2007

ECO 2214

Lesson Plan
Part I
Sep 11, 2007  
Lesson Plan
Part II
Sep 13, 2007  
Take the bonus point post-test Saturday Sep 15, 2007

 

Additional Help

  If you need help with BlackBoard, contact:
mnelson@ph.vccs.edu .
 

Daily Class Outlines

Do the homework in the Lesson Plan links.

Lesson Plan
Part 1


Lesson Plan
Part 2

Read the PowerPoint Chapter Lecture link.

Lecture
on
Government

 Influences
on Markets

Alternate links are enrichment but are not required reading:

Alternate Lesson 1

Alternate Lesson 2

Alternate Lesson 
Slides

 Chapter  Overview  

Learn how government can affect markets through:
(1) taxes;
(2) rent ceilings; and
(3) minimum wage laws.

 

Module 4

 Assignment

Read & Study:

Chapter Title:
Externalities
 

in your text and study guide.

 

 Course Objectives

Master these:

Course Objectives

 


 Timeline

Students should keep up with the following timeline, by visiting all the links colored purple.

Take the bonus point pre-test Sunday Sep 16, 2007

 

ECO 2214

Lesson Plan
Part I
Sep 18, 2007  
Lesson Plan
Part II
Sep 20, 2007  
Take the bonus point post-test Saturday Sep 22, 2007

 Daily Class Outlines

Do the homework in the Lesson Plan links.

Lesson Plan
Part 1


Lesson Plan
Part 2

 PowerPoint Slides

Read the PowerPoint Chapter Lecture link.

Lecture on Externalities

Alternate links are enrichment but are not required reading:

Alternate Lesson 1

Alternate Lesson 2

Alternate Lesson 
Slides

 

 

 

 Chapter  Overview  

Learn how government corrects inefficient overproduction by:
(a) property rights
(b) pollution charges, and
(c) taxes.

Learn how government corrects inefficient underproduction by:
(d) public provision
(e) subsidies
(f) vouchers, and
(g) patents.

 

Module 5 

 Assignment

Complete:

Presentation #1 (or)
Issue Paper #1

Review

Exam #1

Prepare for Exam #1 using these:

 Course Objectives

Master these:

Course  Objectives

 


 

 

 Timeline

Students should keep up with the following timeline, by visiting all the links colored purple. 

 

ECO 2214

Lesson Plan
Part I
Sep 25, 2007  
Lesson Plan
Part II
Sep 27, 2007  

 Daily Class Outlines

Lesson Plan
Part 1


Lesson Plan
Part 2

 

Review Session

followed by

Exam #1

 

 Overview

Measure your progress.

Exam #1 has 33  true/false, multiple choice, problems, and short answer questions like those in your study guide and text.

Exam #1 is worth 200 of 1000 possible course points.

 

 

 

 Second Block of Study

 How Firms Maximize Profits in Perfect & Imperfect Markets

 

During weeks 6 through 10, we study Modules 6 through 10.
 
 Assignment &
Course Objectives
 
 Timeline  Daily Class Outlines &
 PowerPoint Slides
 Chapter Overview

Module 6 

 Assignment

Read & Study:

Chapter Title: Production and Cost 

in your text and study guide.


 Course Objectives

Master these:

Course Objectives

 

 

 

 

 

 


 Timeline

Faculty Day - Tuesday Oct 2, 2007
Class will not meet.


(Pre and post test quizzes for this module remain on  Sunday before the Lesson Plans and the Saturday following the Lesson Plans, as scheduled below.)

Students should keep up with the following
timeline, by visiting all
the links colored purple.

Take the bonus point pre-test Sunday
September
 30,
 2007

 

ECO 2214

Lesson Plan
Part I
Oct 04, 2007  
Lesson Plan
Part II
Oct 09, 2007  
Take the bonus point post-test Saturday Oct 13, 2007

 

 Daily Class Outlines

Do the homework in the Lesson Plan links.

Lesson Plan
Part 1


Lesson Plan
Part 2

 PowerPoint Slides

Read the PowerPoint Chapter Lecture link.

Lecture
 on
Production
and Cost

Alternate links are enrichment but are not required reading:

Alternate Lesson 1

Alternate Lesson 2

Alternate Lesson 
Slides

 Chapter Overview  

Size does not guarantee survival.   So we discover the relation between how much we produce and what it costs to produce.

Material in this chapter in the next three modules, so learn it well!

 

Module 7

 Assignment

Read & Study:

Chapter Title: Perfect Competition 

in your text and study guide.

 Course Objectives

Master these:

Course Objectives

 

 

 

 

 

 

 

 

 



 

 Timeline

Students should keep up with the following timeline, by visiting all the links colored purple.

Take the bonus point pre-test Sunday
Oct 07, 2007

 

ECO 2214

Lesson Plan
Part I
Oct 11, 2007  
Lesson Plan
Part II
Oct 16, 2007  
Take the bonus point post-test Saturday Oct 20, 2007
Minnesota Education Conference - Thurs/Fri  Oct 18 and 19, 2007
Class will not meet.

 

 Daily Class Outlines

Do the homework in the Lesson Plan links.

Lesson Plan
Part 1


Lesson Plan
Part 2

 PowerPoint Slides

Read the PowerPoint Chapter Lecture link.

Lecture on Perfect Competition

Alternate links are enrichment but are not required reading:

Alternate Lesson 1

Alternate Lesson 2

Alternate Lesson 
Slides

 

 Chapter  Overview  

Discover the nuts and bolts about the hot rivalry in the nation's competitive market.

You'll see rational choice, balancing costs and benefits at the margin, and response to incentives at work.

 

Module 8 

 Assignment

Read & Study:

Chapter Title: Monopoly 

in your text and study guide.

 

 Course Objectives

Master these:

Course Objectives

 

 

 

 

 

 

 

 

 Timeline

Minnesota Education Conference - Thurs/Fri  Oct 18 and 19, 2007
Class will not meet.


(Pre and post test quizzes for this module remain on  Sunday before the Lesson Plans and the Saturday following the Lesson Plans, as scheduled below.)

Students should keep up with the following timeline, by visiting all the links colored purple.

Take the bonus point pre-test Sunday
October 21, 2007

 

ECO 2214

Lesson Plan
Part I
Oct 23, 2007  
Lesson Plan
Part II
Oct 25, 2007  
Take the bonus point post-test Saturday Oct 27, 2007

 

 Daily Class Outlines

Do the homework in the Lesson Plan links.

Lesson Plan
Part 1


Lesson Plan
Part 2

 PowerPoint Slides

Read the PowerPoint Chapter Lecture link.

 Lecture on Monopoly 

Alternate links are enrichment but are not required reading:

Alternate Lesson 1

Alternate Lesson 2

Alternate Lesson 
Slides

 

 Chapter  Overview  

Electric power, the cable TV you subscribe to, perhaps your bookstore ... each may be a monopoly.  Do single sellers take advantage of the consumer?

Learn whether monopolies are efficient and fair.

Module 9 

 Assignment

Read & Study:

Chapter Title: Monopolistic Competition  

in your text and study guide.

 Course Objectives

Master these:

Course Objectives

 

 

 

 

 

 

 

 

 

 

 



 

 Timeline


Students should keep up with the following timeline, by visiting all the links colored purple.

Take the bonus point pre-test Sunday Oct 28, 2007

 

ECO 2214

Lesson Plan
Part I
Oct 30,
2007
 
Lesson Plan
Part II
Nov 01, 2007  
Take the bonus point post-test Saturday Nov 03, 2007

 

 

 

 

 

 

 

 

 

 Daily Class Outlines


Do the homework in the Lesson Plan links.

Lesson Plan
Part I

Lesson Plan
Part II

 PowerPoint Slides

Read the PowerPoint Chapter Lecture link.

Lecture on Monopolistic Competition and Oligopoly

(Slides 1 - 28
deal with Monopolistic Competition)

Alternate links are enrichment but are not required reading:

Alternate Lesson 1

Alternate Lesson 2

Alternate Lesson 
Slides

 Chapter  Overview  

Like to see a price war over airline tickets, or how about all the specials at all the grocery stores?  These are the kinds of competition we might like to see everyday.

Learn about efficiency and fairness in everyday markets.

Module 10 

 

 Assignment

Presentation #2 (or)
Issue Paper #2

Review

 

Prepare for Exam #2 using these:

 Course Objectives

Course  Objectives

 

 

 

 

 

 

 

 

 

 Timeline

Students should keep up with the following timeline, by visiting all the links colored purple.

 

ECO 2214

Lesson Plan
Part I
Nov 06, 2007  
Lesson Plan
Part II
Nov 08, 2007  

 

 

 Daily Class Outlines

Lesson Plan
Part 1


Lesson Plan
Part 2

Review Session

followed by

Exam #2

 

Measure your progress.

Exam #2 has 33  true/false, multiple choice, problems, and short answer questions like those in your study guide and text.

Exam #2 is worth 200 of 1000 possible course points.

 

 Third Block of Study

 Monopolistic Competition, Regulation, 
Markets for Labor, Land, and Capital, and Reducing Poverty

The Third Block of Study consists of Module 11 through 15.
Each module  contains four columns:
 Assignment &
Course Objectives
 
 Timeline  Daily Class Outlines &
 PowerPoint Slides
 Chapter Overview

Module 11
 

 Assignment 

Read & Study:

Chapter Title:  Oligopoly

in your text and study guide.

Course Objectives

Master these:

Course Objectives

 

 

 

 

 

 



 

 

 

 

 Timeline

Students should keep up with the following timeline, by visiting all the links colored purple.

Take the bonus point pre-test Sunday Nov 11, 2007

 

ECO 2214

Lesson Plan
Part I
Nov 13, 2007  
Lesson Plan
Part II
Nov 15, 2007  
Take the bonus point post-test Saturday Nov 17, 2007

 

Appointments

Please make an appointment with me so that you will be fully informed about your grade and your prospects in Principles of Economics: Micro.

The last day to withdraw is Tuesday, Nov 27, 2007.

I don't want anyone to fail this course; thus you and I need to reassure each other that you are making sufficient progress to successfully meet your goals.

 

 

 

 

 

 

 

 

 

 

 

 Daily Class Outlines

Do the homework in the Lesson Plan links.

Lesson Plan
Part 1


Lesson Plan
Part 2

 

 PowerPoint Slides

Read the PowerPoint Chapter Lecture link.

Lecture on Monopolistic Competition and Oligopoly

(Slides 29 - 53 deal with Oligopoly)

Alternate links are enrichment but are not required reading:

Alternate Lesson 1

Alternate Lesson 2

Alternate Lesson 
Slides


 

 Chapter Overview  

In Module 11 we discover that in some industries, only a half-dozen or so firms create the predominance of all sales.

Oligopoly means "competition among the few."
When there are a limited number of competitors, each firm calculates the impact of pricing and output decisions taken by all its competitors.  This produces unique results in the form of interdependency which could lead to higher prices, reduced levels of outputs, and higher profits relative to conditions of perfect competition.  These results bring about a desire for regulation by government, the subject of Module 12.

Continuous Course Improvement Efforts

In addition to my Course Critiques attached to Exams #1, #2, and #3, RCTC provides distant learners and selective sections of in-class students with an opportunity to evaluate courses during this time frame. 
 
Thanks for your suggestions and comments.  They help me to continually improve  Principles of Economics: Micro for future students!
 - Tom Meyer

 

Module 12 

 Assignment

Read & Study:

Chapter Title:  Regulation 
and Antitrust Law

in your text and study guide.

 Course Objectives

Master these:

Course Objectives

 

 

 

 

 

 

 

 

 Timeline

Thanksgiving Holidays - Thurs/Fri   Oct 22 and 23, 2007.
Class will not meet.


(Pre and post test quizzes for this module remain on  Sunday before the Lesson Plans and the Saturday following the Lesson Plans, as scheduled below.)
Students should keep up with the following timeline, by visiting all the links colored purple.
 
Take the bonus point pre-test Sunday Nov 18, 2007

 

ECO 2214

Lesson Plan
Part I
Nov 20, 2007  
Lesson Plan
Part II
Nov 29, 2007  
Take the bonus point post-test Saturday Dec 01, 2007

 

Appointments

Please make an appointment with me so that you will be fully informed about your grade and your prospects in Principles of Economics: Micro.

The last day to withdraw is Tuesday, Nov 27, 2007.

I don't want anyone to fail this course; thus you and I need to reassure each other that you are making sufficient progress to successfully meet your goals.

 

 

 Daily Class Outlines

Do the homework in the Lesson Plan links.

Lesson Plan
Part 1


Lesson Plan
Part 2

 PowerPoint Slides

Read the PowerPoint Chapter Lecture link.

 Lecture on Regulation and Antitrust

 Alternate links are enrichment but are not required reading:

Alternate Lesson 1

Alternate Lesson 2

Alternate Lesson 
Slides

 Chapter  Overview  

Visit the Department of Justice and discover whether it should be interested in Microsoft.

Learn why diamonds and oil and baseball are cartels, and why only baseball is sanctioned in the U.S. 

Continuous Course Improvement Efforts

In addition to my Course Critiques attached to Exams #1, #2, and #3, PHCC provides distant learners and selective sections of in-class students with an opportunity to evaluate courses during this time frame. 
(1) Distant learners: Distance learners should watch for the link provided by our webmaster.  He generally publishes it as an announcement. 
(2) In-class students: If I have chosen your section, I will bring the necessary entry code to in-class students.
 
Thanks for your suggestions and comments.  They help me to continually improve Principles of Economics for future students!
 - Tom Meyer

Module 13 

 Assignment

Read & Study:

Chapter Title: Demand and Supply in Factor Markets

in your text and study guide.

 Course Objectives

Master these:

Course Objectives

 

 

 

 

 

 

 

 

 

 


 

 Timeline

Students should keep up with the following timeline, by visiting all the links colored purple.

 

Take the bonus point pre-test Sunday Nov 25, 2007

 

ECO 2214

Lesson Plan
Part I
Nov 29, 2007  
Lesson Plan
Part II
Dec 04, 2007  
Take the bonus point post-test Saturday Dec 08, 2007

 

 

 

 

 Daily Class Outlines

Do the homework in the Lesson Plan links.

Lesson Plan
Part 1


Lesson Plan
Part 2

 PowerPoint Slides

Read the PowerPoint Chapter Lecture link.

Lecture on Demand and Supply in Factor Markets


(Optional)
Lecture on Earnings Differences

Alternate links are enrichment but are not required reading:

Alternate Lesson 1

Alternate Lesson 2

 

 

Alternate Lesson 1

Alternate Lesson 2

Alternate Lesson 
Slides

 Chapter  Overview  

This chapter teaches you the factor markets:
(1) how rent is returned to land and natural resources;
(2) what wages are paid to labor;
(3) how interest is paid for the use of monies to buy capital; and
(4) that profit is the fair return to an entrepreneur.

Module 14 

 Assignment

Read & Study:

Chapter Title: Inequality and Poverty 

in your text and study guide.

 

 

 Course Objectives

Master these:

Course Objectives

 

 

 

 

 

 


 

 

 

 Timeline

Students should keep up with the following timeline, by visiting all the links colored purple.

Take the bonus point pre-test Sunday Dec 02, 2007

 

ECO 2214

Lesson Plan
Part I
Dec 06, 2007,  
Lesson Plan
Part II
Dec 11, 2007  
Take the bonus point post-test Saturday Dec 15, 2007

 


 

 

 

 

 

 

 Daily Class Outlines

Do the homework in the Lesson Plan links.

Lesson Plan
Part 1


Lesson Plan
Part 2

 PowerPoint Slides

Read the PowerPoint Chapter Lecture link.

Lecture on Inequality, Poverty, and Redistribution

  Alternate links are enrichment but are not required reading:

Alternate Lesson 1

Alternate Lesson 2

Alternate Lesson 
Slides

 Chapter  Overview  

Of all the occupations on which man had  to that time engaged (1776) - war, politics, religion, violent recreation, unrequited sadism - (Adam Smith felt that) the making of money was socially the least damaging.

Discover the Lorenz curves. Lorenz curves can be used to show how income and wealth are distributed in the U.S. and around the world.

Module 15 

 Assignment

Presentation #3 (or)
Issue Paper #3

Review

 

Exam #3 

 

Prepare for Exam #3 using these:

 Course Objectives

Course  Objectives

 

 

 

 

 

 

  

 

 

 Timeline

Students should keep up with the following timeline, by visiting all the links colored purple.

 

ECO 2214

Lesson Plan
Part I
Dec 13, 2007  
Lesson Plan
Part II
Dec 18, 2007  

 Daily Class Outlines

Lesson Plan
Part 1


Lesson Plan
Part 2

Review Session

followed by

Exam #3

Measure your progress.

Exam #3 has 33  true/false, multiple choice, problems, and short answer questions like those in your study guide and text.

Exam #3 is worth 200 of 1000 possible course points.

Module 16

 

Final Essay

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Students should present all work not later than the following deadline:


ECO 2214

   

Fall  2007
5 PM 
Thursday,
December 20, 2007

  See the Penalty for Late  Work.

 

 

 




 

 

 Your Instructor is Watching and Waiting for Your Results.
Send him an email when you have turned in your issue-paper or presentation and final essay so they can be  promptly graded.

Your  final essay is  described in How to Prepare for Graded Micro Exams, Issue-Papers, and Presentations. of the red Need-to-Know menu of the Syllabus

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deadline before which all work must be received by the Instructor

 

 Best wishes for your success !

 

 Thomas Meyer

 
Principles of Economics: Micro

DEADLINE
Last Day to turn in  work for credit:

 Thursday
December 20, 2007

To provide ample time for grading, all work in Survey of Economics must be available to me to be graded by 5 PM on this date.

 

 

 

 

Take a look at what's available in Macroeconomics!

Macroeconomics

 

 

 

 Picnic.jpg (38661 bytes)

 Here's wishing you a pleasant winter vacation
 (perhaps to a warmer climate like this one)

 

 

 Links,
 Policies and
 Guidance to help you be successful

1 15 - Module Calendar,

Course Homepage,

Instructor Homepage

Numbers to call for help

2 PHCC Links
3 Grades - how this course is graded
4 Proctors - how to request a proctor (for taking exams at locations other than our Learning Resource Center at PHCC)
5 Guidance for Projects 1, 2, 3, and 4
6 Financial Aid Verification - how to send me your request
7 Six Initial Steps for Success (for first-time students)
8 Syllabus,  Meet the Instructor, MyEconLab,
Student Affidavit ("I'm read to begin" statement)

 

 Modified 15 Module Calendar
 


 Part One -
 The Basic Tools: (1) Demand and Supply &
 Adding ideas about 

 (2) Efficiency, (3) Government, (4) Taxes

 
 Module   Chapter
 Assigned
 (read text & do study guide)
  Lesson Plan
 1
Lesson Plan
 2
 
 Chapter Checklist
 (master these learning goals)
1 Demand & Supply   1 - Aug 28
2 - Aug 30
Syllabus, Etiquette, Study Partners
4.1, 4.2, and 4.3
2 Efficiency of Markets   1 - Sep 04
2 - Sep 06
6.1, 6.2, 6.3
6.4, 6.5
3 Government Influences on Markets   1 - Sep 11
2 - Sep 13 
7.1, 7.2
7.3
4 Taxes   1 - Sep 18
2 - Sep 20
8.1, 8.2
8.3
5 Review and Take Exam #1   1 - Sep 25
2 - Sep 27
Exam #1 consists of 33 fill-in-the-blank, true/false, multiple choice, graph-the-graph, short answer, numeric questions and practice problems taken directly from your text and study guide on these learning goals only.
      Faculty Day Oct 2
(no class)
 

 

 


 Part Two -
 How to Figure Costs and Revenues
(6)
Costs (7) Revenues from Perfect Competition, (8) Monopoly, (9) Oligopoly

 

 Module   Chapter
 Assigned
 (read text & do study guide)
  Lesson Plan
 1
Lesson Plan
 2
 
 Chapter Checklist
 (master these learning goals)
6 Production and Costs   1 - Oct 04
2 - Oct 09
12.1, 12.2
12.3, 12.4
7 Perfect Competition   1 - Oct 11
2 - Oct 16
13.1, 13.2
13.3
8 Monopoly   1 - Oct 23
2 - Oct 25
14.1, 14.2, 14.3
14.4, 14.5
9 Oligopoly   1 - Oct 30
2 - Nov 01
15.1, 15.2
15.3
10 Review and take Exam #2   1 - Nov 06
2 - Nov 08
Exam #2 consists of 33 fill-in-the-blank, true/false, multiple choice, graph-the-graph, short answer, numeric questions and practice problems taken directly from your text and study guide on these learning goals only.
         
         

 

 


 Part Three -
 Regulation and Equitable Returns for Labor, Land, and Capital
 

 Module   Chapter
 Assigned
 (read text & do study guide)
  Lesson Plan
 1
Lesson Plan
 2
 
 Chapter Checklist
 (master these learning goals)
11 Oligopoly   1 - Nov 13
2 - Nov 15 
16.1, 16.2
16.3
12 Regulation and Antitrust Law   1 - Nov 20
2 - Nov 27 
17.1
17.2
13 Demand & Supply in Factor Markets   1 - Nov 29
2 - Dec 04 
18.1, 18.2, 18.3
18.4, 18.5
14 Inequality and Poverty   1 - Dec 06
2 - Dec 11 
19.1, 19.2
19.3
15 Review and take Exam #3   1 - Dec 13
2 - Dec 18 
Exam #3 consists of 33 fill-in-the-blank, true/false, multiple choice, graph-the-graph, short answer, numeric questions and practice problems taken directly from your text and study guide on these learning goals only.
         
         

 

 

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Last update:  04.30.2007

Page Created and Modified by Tom Meyer

 

Love for Econ Springs Eternal !