COURSE SYLLABUSCourse Information(blank)Course Name:Principles of MicroeconomicsCourse Number / Section:ECO 251 IN1Term / Year:Fall 2016Days:OnlineTimes:Class Hours:Lab Hours:Clinical / Work Experience Hours:Credit Hours:3Instructor InformationblankInstructor:Sam SpencerOffice Location:LLP, Martin Tech 100 DOffice Days / Hours:M/W 9:00—12:00E-Mail:[email protected]Phone:704-272-5425Supervisor InformationblankName:Fedder WilliamsE-Mail:[email protected]Phone:704-2725877L. L. POLK CAMPUS (Polkton)680 Hwy. 74 WestPolkton, NC 28135704-272-5300OLD CHARLOTTE HIGHWAY CAMPUS (Monroe)4209 Old Charlotte Hwy.Monroe, NC 28110704-290-5100Fall 2016
COURSE DESCRIPTIONThis course introduces economic analysis of individual, business, and industry choices in the marketeconomy.Topics include the price mechanism, supply and demand, optimizing economic behavior, costsand revenue, market structures, factor markets, income distribution, market failure, and governmentintervention.Upon completion, students should be able to identify and evaluate consumer and businessalternatives in order to efficiently achieve economic objectives.This course has been approved to satisfythe Comprehensive Articulation Agreement general education core requirement in social/behavioralscience.PREREQUISITE/COREQUISITE COURSES / SKILLSNoneREQUIRED TEXTBOOK(S)Principles of Economics, 7thEditionFred GottheilSouth-Western CengageOTHER REQUIRED MATERIALS AND SUPPLIESNoneSTUDENT LEARNING OUTCOMESUpon completion of this course, you should be able to:1.Utilize the logic of economic theories and how to apply them to current events and situations.2.Apply the role of demand and supply in determining prices in competitive versus monopolisticmarkets.3.Be able to explain and analyze price and output in monopoly, monopolistic competition, andperfect competition4.Identify antitrust and regulation issues in the economy.5.Analyze wage rates in competitive labor markets and be able to apply the concepts to real-world scenarios.6.Understand the implications of price ceilings and price floors.CORE SKILL AND/OR PROGRAM OUTCOMESN/AFall 2016
METHODS OF EVALUATIONQuizzes and Exams 50%Written Assignments 40%Forums 10%GRADING SCALESPCC has adopted a college-wide 10-point grading scale for all courses except where mandatedotherwise by accrediting agencies. This course will use the following scale:A = 90 – 100B = 80 –89C = 70 –79D = 60 –69F = Below 60ACADEMIC INTEGRITYStudents enrolled at South Piedmont Community College are responsible for upholding standards ofacademic integrity. An academic integrity violation includes but is not limited to the following: cheating,plagiarism, fabrication/falsification, and complicity in academic dishonesty. It is your responsibility tolearn more about how to avoid academic integrity violations by referring to the current SPCC StudentHandbook, enrolling in one of SPCC’s Study Skills classes, or contacting library staff for help.