Lane Community College

Social Science Department

ECONOMICS USA: PRINCIPLES OF ECONOMICS
TeleWeb COURSE
Fall 2005
(updated December 6, 2005)


INSTRUCTOR:  Phil Martinez
PHONE:      (541) 463- 5158
FAX:            (541) 463-4160

OFFICE HOURS:     CEN 419
                              MWF 10 to 11,
                    TTh 11:30 to 12:30,
          and by appointment

INSTRUCTOR E-MAIL: martinezp@lanecc.edu
LCC DISTANCE LEARNING OFFICE: http://lanecc.edu/distance
INTERNET PROGRAM VIEWING:
 http://learner.org/view programs/view.programs.html


Welcome to LCC's Economics USA: Principles of Economics Tele-Web course!
The material on this page outlines the course content and requirements.

Read this material thoroughly!

Please, feel free to contact me with any questions you may have. My office hours are listed above. I may be reached by phone, fax or e-mail. If I am out please, leave your name, phone number or e-mail address, any message or question you have, and the time and day that you called. I will return your call.

Since this webpage is the primary means that I will use to manage the course content, please check this website several times each week. Additionally, please contact me if you find any errors or confusing information on this website.


COURSE NUMBER:  ECON 200
         CREDITS:  3

* The Florence section (CRN 20959) and the Cottage Grove section (CRN 21884) are offered only for students living in those regions. Registering in the wrong section causes two problems: (i) it mis-directs your student fees to pay for services on a campus  which you do not attend; (ii) it freezes out students who actually live in Cottage Grove and Florence from the sections offered through their local campus. If the Main Campus section (20254)is full contact the instructor to gain access. PLEASE, DO NOT REGISTER IN THE WRONG SECTION.

REGISTRATION NUMBERS*
 Main Campus:                    20237
 Florence Campus:               20959
 Cottage Grove Campus:     21884

ORIENTATION SESSION
:

Wednesday, September 28, 2005, 7-8 PM
Forum Building, Building 17, Rm 308




COURSE DESCRIPTION
This course is equivalent to the Econ 200, Principles of Economics: Introduction lecture courses offered ar LCC. The same material will be covered.This is the first of the three economic principles courses offered at LCC and is a pre-requisite for ECON 201 and ECON 202. In this introductory class the student is introduced to the basic tools and concepts used in modern economics. In particular, the course introduces the use of graphs; the importance of scarcity; the measurement of economic activity; the role of prices, supply and demand; the business cycle, unemployment and inflation. The course will also briefly introduce current economic policy issues e.g. pollution, taxation, poverty and inequality, and international trade.

 
COURSE OBJECTIVES
This course is designed to prepare students for future economics courses (ECON 201 and ECON 202) as well as to enable students to better understand and evaluate economic policy debates. The objectives of the course are for the student:

        1. to master the basic economic tools, terms and concepts.
        2. to evaluate economic issues and policies utilizing basic economic methods.

        3. to become prepared to take ECON 201 and ECON 202.

        4. to begin to think "economically": There is no such thing as a free lunch!


REQUIREMENTS    
 Students enrolled in the course are required to:

        1. provide the instructor with an active e-mail address;
        2. actively monitor their e-mail, at a minimum twice a week;
        3. access the internet to download course material from my webpage;
        4. view all 10 videotaped lessons;
        5. complete all assigned reading;
        6. utilize all of the available material on the course webpage:   
            http://teach.lanecc.edu/martinezp

        7. complete all exams as scheduled.
 
TEXTS
        1. REQUIRED: THE ECONOMY TODAY, 10TH Edition, Bradley Schiller, McGraw-Hill Irwin, (2003)

        2. REQUIRED: Material on my EconUSA webpage           
            (http://teach.lanecc.edu/martinezp/EconHome.htm)

     
GRADING
Course grades will be based on seven exams taken in sequence throughout the term. 

Each exam maybe taken twice. The highest score will determine your grade for that exam. If you choose to take an exam only once then the score of that exam will determine your grade for that exam.

Letter grades are given on a percentage basis with plus and minus grades within these ranges:

A
90 % -100%
B
80% - 89%
C
70& - 79%
D
60% - 69%
F
59% and Below

UNGRADED PRACTICE ASSIGNMENTS
Ungraded practice assignments will be available online.  These assignments will not be submitted to the instructor. These assignments will focus on required material provided on the instructor's webpage for this course. The solutions will also be provided on line.               
 
EXAMS
All exams will be given in the Social Science Testing Lab :


        LOCATION: 4th Floor, Center Building, Room 456

        HOURS: Opening on Monday, October 10, the Testing Lab Hours are:
                        Monday through 
Thursday  9:00AM to 8:00PM, and
                        Friday 9:00AM to 5:00PM.
                        Saturday 10:30AM to 2:30PM.
                        Sunday  CLOSED.

All exams will also be available at all LCC Community Learning Centers (CLCs) during their normal operating hours.  Exams 1 and 2 will be available starting on Monday, October 3 at all the Community Learning Centers.

When arriving at a Testing location you MUST:

1. Bring your photo identification;
2. Know your Student Identification Number (our L number);
3. Bring a copy of your schedule (to verify enrollment and ensure you are given the correct exam);
4. Know the Course Name and Number.
5. Know which exam you are taking (i.e. exam 3, or exam 4).
6. The Instructor's name (i.e. me: Phil Martinez).

You may take each exam at your convience during the scheduled time. You should always allow at least 1 hour for each exam, so you should never arrive for an exam after after 4PM on Fridays or the day immediately prior to a holiday..

If due to an emergency, you are unable to take an exam when it is scheduled you must contact the instructor to re-schedule. Additionally, the exam MUST BE TAKEN WITHIN A WEEK of the scheduled time to earn full credit.

The score of each exam is immediately available to each student at the end of each exam. Additionally, a spreadsheet summary of all scores will be electronically posted for students to view via a Linked Page on this syllabus. The spreadsheet will protect all student identities and will be available prior to the 8th week of the term.

Due to the lack of contact between the students and instructor Telecourse Exams usually result in lower average scores. Therefore, it is essential that students take all of the exams and maintain contact with the instructor whenever questions arise.
 
Exam 3 weights the Supply and Demand material (Ch. 3) more heavily than the other material. It is essential to understand this material.
 
This is not a self-paced, individualized course: ALL EXAMS MUST BE COMPLETED AS SCHEDULED.

EXAM SCHEDULE

EXAM DATES
AVAILABLE
VIDEO MATERIAL
COVERED
TEXT MATERIAL
COVERED
WEBPAGE MATERIAL
COVERED
POINTS
(Approx)

Exam 1

  Oct. 3 - 14 @ CLCs
Oct. 10-14 @ LCC
NONE
Appendix to Chapter 1 Modelling
Linear Graphs
Non-linear Graphs

(see  Outline below for more links)

20
Exam 2
Oct. 3 - 14 @ CLCs
Oct. 10-14 @ LCC
Program 1:
Resources & Scarcity
Chapter 1 Production Possibilities 20
Exam 3 Oct. 12 - 21
Program 2:
Markets and Prices
Chapter 3 Supply and Demand 60
Exam 4 Oct. 19 - 28
Program 3:
U.S. Economic Growth
Program 4: Booms & Busts
Chapters 5 & 8 GDP & the Business Cycle
(see Course Outline below for links)
50
Exam 5 Nov. 2 - 14
Program 5:
John Maynard Keynes
Program 7: Inflation
Chapters 6 & 7 John Maynard Keynes
Consumer Price Index
Bureau of Labor Statistics - CPI
50

Exam 6 Nov. 14 - 28
Program 21: Pollution
Program 25:
Economic Growth
Chapters 2 & 4 The GDP Myth: 'Growth' Isn't
Always a Good Thing
50
Exam 7 Dec. 1 - 7
Program 26: Public Goods
Program 27:
International Trade
Chapters 4 & 35 Good Tax/Bad Tax
Tax Shifting
The Petition of Candle Makers
50
Total



300


VIEWING THE VIDEO TAPES
Taking a telecourse requires a disciplined and controlled environment. Watching each program will require your undivided attention. It is wise to prepare yourself by doing all the steps indicated in the student telecourse manual.

There will be one 30 minute program telecast on AT&T Broadband Cable 23 each week. (See schedule for exact times). If you have any technical difficulties recieving Cable 23, please call the station at 463-5319.


VIDEO SCHEDULE


Each program is aired for one week only on
Comcast Channel 23 and on
Charter Communication Channel 9
at the following times:

Mondays  101:30 AM
Wednesdays
5:30 PM
Fridays 9:30 PM
Saturdays 3:30 PM


The videos are also availble for viewing at the following locations, during their normal operating hours:
        * LCC Library, catalogue number: MV# 2045
        * LCC Cottage Grove, 1275 River Road, Cottage Grove, 541-942-4201
        * LCC Florence, 3149 Oak, Florence, 541-997-4820
        * LCC Community Learning Centers:

  • Churchill High School, 1850 Bailey Hill, Eugene, 541-343-7268
  • Elmira High School, 24936 Fir Grove Lane, Elmira, 541-935-4345
  • Junction City High School, 505 Maple Street, Junction City, 541-998-7733
  • McKenzie High School, 51187 Blue River Drive, Finn Rock, 541-822-6201
  • Oakridge High School, 47997 West 1st Street, Oakridge, 782-4106
  • Thurston High School, 333 58th Street, Springfield, 541-744-9213
  • Willamette High School, 1801 Echo Hollow Rd., Eugene, 541-607-5516

The video programs may also be viewed for free online at http://www.learner.org/view_programs/view.programs.html In order to view the programs online students must have a broadband connection, Windows Media Player, and have javascript enabled.

ENROLLMENT, WITHDRAWALS, INCOMPLETES, NO CREDIT
Students are academically and financially responsible for maintaining their own registration status in the course.

DISABILITY SUPPORT SERVICES
If you need support or assistance because of a disability, you may be eligible for academic accommodations through Disability Services. For more information, contact Disability Services at (541) 463-5150 (voice), or  463-3079
(TTY), or stop by Building 1, Room 218.

EQUAL OPPORTUNITY
Lane Community College is committed to providing a working and learning environment that is free from discrimination, harassment and retaliation.  Lane is committed to equal opportunity in education and employment, affirmative action, diversity, and compliance with the Americans with Disabilities Act.  The college prohibits discrimination in admissions, employment and access to college programs, activities, and services on the basis of race, color, national origin, sex, marital status, familial relationship, sexual orientation, pregnancy, age, disability, religion, expunged juvenile record, or veteran status. This commitment is made by the college in accordance with federal, state, and local laws and regulations. For more information contact José Ortal, Director of Affirmative Action/Diversity/ Equal Opportunity, 463-5801.

EconUSA COURSE CALENDAR OF ASSIGNMENTS


WEEK 1 (SEPT. 26)
Modeling the Use of Scarce Resources


VIEW:  Program 1: Resources and Scarcity

READ:
The Economy Today, Schiller
Appendix to Chapter 1 - Using Graphs
Chapter 1 - Economics: The Core Issues


PRACTICE:          Practice Assignment 1 - Reading Graphs



WEEK 2 (OCT. 3)
  Supply and Demand

VIEW: Program 2 - Markets and Prices

READ: The Economy Today,  Schiller
Chapter 3 - Supply and Demand

MARTINEZ/EconUSA Webpage:

PRACTICE:          Assignment 3 - Supply and Demand Models

Exam 1 - Graphing
     

Oct. 3 - 14 (CLCs, Florence, and Cottage Grove)
Oct. 10 - 14 (Main Campus - CEN 456)
    
Exam 2 - Production Possibilities
Oct. 3 - 14 (CLCs, Florence, and Cottage Grove)
Oct. 10 - 14 (Main Campus - CEN 456)
 

WEEK 3 (OCT. 10)
Measuring Gross Economic Output


VIEW: Program 3 - U.S. Economic Growth: Gross National Product

READ: The Economy Today,  Schiller
Chapter 5 - National Income Accounting
 
MARTINEZ TeleWeb Page:                                     
PRACTICE:    Assignment 4 - Gross Domestic Product

Exam 3 - Supply and Demand       Oct. 12 - 21




WEEK 4  (OCT. 17)

The Business Cycle

VIEW: Program 4 - Booms and Busts

READ: 
The Economy Today,  Schiller
Chapter 8 - The Business Cycle

EXAM 4 -  Measuring Output & the Business Cycle    Oct. 19 - 28




WEEK 5  (OCT. 24)

Recession and Unemployment

VIEW: Program 5 - John Maynard Keynes: What Did We Learn from the Great Depression
 
READ: The Economy Today,  Schiller
Chapter 6 - Unemployment

MARTINEZ TeleWeb Page:


WEEK 6 (OCT. 31)

Inflation

VIEW: Program 7 - Inflation: How Did the Spiral Begin?
 
READ: The Economy Today,  Schiller
Chapter 7 - Inflation
MARTINEZ TeleWeb Page:
                      Consumer Price Index

PRACTICE:  Assignment 5 - Consumer Price Index

Exam 5 - Recession, Unemployment, & Inflation     Nov. 2 - 14



WEEK 7 (NOV. 7)
Market Failures

VIEW: Program 21 - Pollution: How Much Is A Clean Environment Worth?

READ: The Economy Today,  Schiller
Chapter 4- The Public Sector


WEEK 8  (NOV. 14
)
Economic Growth and Its Impact

VIEW: Program 25 - Economic Growth: Can We Keep the Pace?

READ:
The Economy Today,  Schiller
Chapter 2 - The U.S. Economy: A Global Perspective

MARTINEZ TeleWeb Page:

Exam 6 - Market Failures &  Economic Growth    Nov. 14 - 28 

**Friday is the last day to withdraw from courses.**

 

WEEK 9 (NOV. 21)
The Role of Government

VIEW: Program 26 - Public Goods Are Responsibilities

READ: The Economy Today,  Schiller
Chapter 4- The Public Sector

MARTINEZ TeleWeb Page:
             Tax Shifting Op-Ed. - CS Monitor


WEEK 10 (NOV. 28)

International Trade

VIEW: Program 27 -International Trade: For Whose Benefit
READ: The Economy Today,  Schiller
Chapter 35 - International Trade

MARTINEZ TeleWeb Page:

EXAM 7 - The Role of Government & Trade     Dec. 1 - 7



WEEK 11 (DEC. 5)

  EXAM 7: DEC. 1 - 7

Main Campus - CEN456
Community Learning Centers
Florence & Cottage Grove Campuses



This website is produced and maintained solely by Philip R. Martinez.
Copyright 2004 Philip R. Martinez and Lane Community College.
All rights reserved.