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Course Syllabus

Course Information

Course Title : Principles of Microeconomics

Course Number CRN: 90074

Term and Year Fall 2023

Start and End Dates: Sept. 6^th- Oct 25, 2023

Credit Hours 3

Course Format On-Line

Location Canvas Login URL: https://canvas.northeastern.edu/)

Instructor Information

Full Name Lawrence Overlan

NEU Email Address: [email protected]

Virtual) Office Hours Email me to schedule an appointment

Second Point of Contact

If some concern about the course arises and is not addressed by the instructor, please contact:

Full Name: Youngbok.Ryu

NEU Email Address: [email protected]

If for any reason you wish to express a concern about anything that may impact your success in a course, first speak directly with your Instructor. If you need additional support, please contact your Academic Advisor.

Technical Requirements

Courses are available on Northeastern University’s Canvas at the following link: http://canvas.northeastern.edu. Canvas Technical support and resources including 24/7 phone (1-833-450-3937), and chat can be found on the help icon in Canvas. Northeastern Technical support can be accessed at 617-373-4357 (xHELP) or [email protected].

Each student is responsible for their access to the internet for purposes of this course and for research. Internet access is a required component of this course and will not be accepted as an excuse for missed work. If you know that you will be traveling, then make sure you plan accordingly.

Note regarding e-mail/voicemail: If you e-mail, please include your name and class title. Please allow up to 48 hours for an email reply. If you leave a voicemail, please remember to include your name, class title, and phone number.

Course Prerequisites None

Course Description

Focuses on the development of the basic theory of supply and demand and market prices, as well as competition and monopoly and income distribution. Applies economic principles to selected problems such as poverty, pollution, and international trade.

Course Materials Required: Microeconomics by McConnell 23^rd edition ISBN 978-1-265-27144-2

Program Learning Outcomes (PLOs)

Based on satisfactory completion of this course, students should be able to understand fundamental economic concepts and economic principles, apply microeconomic tools and concepts that are learned in class to address range of real world economic issues, get a good foundation in economics, and be prepared for further study in this field.

Students will have the opportunity to understand:

Basic principles and practice of economics

Economic methods and basic economic questions

Optimization concept

Demand, supply, and equilibrium concept

Consumers and Incentives

Sellers and Incentives

Perfect Competition and the Invisible Hand

Trade

Externalities and Public Goods

The Government in the Economy: Taxation and Regulation

Markets for Factors of Production

Monopoly

Game Theory and Strategic Play

Oligopoly and Monopolistic Competition

The Economics of Information

Social Economics

List program PLOs listed in the program assessment plan here (https://cps.northeastern.edu/additional-resources/student-learning-outcomes)

Course Learning Outcomes Based on satisfactory completion of this course, a student should be able to:

CLO1: Explain how competition works and its shortcomings

CLO2: Discuss the fundamentals of International Trade

CLO3: Detail the problems with monopolies

CLO4: Discuss the role government has in the economy

CLO5: Understand the difference between Oligopoly and Monopolistic Competition

CLO6: Explain the difference between public and private goods

Expectations

· Workload

o One (1) academic credit requires 50 minutes a week of classroom or faculty instruction and about two hours of out of class student work for a 15-week course; 100 minutes a week of classroom or direct faculty instruction and about 3.5 hours of out of class student work for a 7.5-week course.

o For a three-credit course, students should expect 2.5 hours a week of classroom or faculty instruction and a minimum of 5 hours of out of class student work for a 15-week course; 5 hours of classroom or direct faculty instruction and a minimum of 10 hours of out of class student work for a 7.5-week course.

o APA citations

Attendance Policy N/A

Policy on late work

Late submittals may have a half a grade reduction.

Course Methodology

I will post a discussion question about a week ahead of time for everyone to answer. One post per student is required for a grade, but additional posts are encouraged.I will record two lectures a week on CANVAS for each chapter, using the powerpoints for that chapter. I will try to send an announcement ahead of my planned recording day and time so students may join the recording if this time is convenient. I will vary the time and day so that many of you can join occasionally. Joining is not required of course..

Participation/Discussion Board

At least one (1) Primary response is due by Midnight EST on the Sunday of each week

Secondary responses are encouraged

To facilitate interaction, students are expected to review the online postings on a regular basis even after they have posted their own minimum required postings. Please treat your classmates and the instructors with the utmost respect. Inappropriate posts will be removed immediately. The instructor reserves the right to penalize students for repeated violations of the participation policy (and/or Academic Integrity Policy) within a course. In the discussion board and in class, high quality contributions advance the class discussions and do not simply summarize the material that was assigned. Quality contributions consider not only the instructor’s questions but also your classmates’ contributions. Please be mindful that the Discussion Board is a space for academic exchanges. As a result, students are accountable for using proper and exacting punctuation, spelling, and grammar. In addition, you may be required to reference all outside sources in correct citation format. It is crucial that all participants maintain a high regard for proper decorum in the Discussion Board.

Evaluation Standards

Discussion grades will be based on a scale of 1-5 (5=top score). Precision of answer in responding to question with important facts determine grade.

Grading

Undergradaute Programs Final Grading Scale

94-100% A	87-89.9% B+	77-79.9% C+	67-69.99 D+	60% or below F
94-100% A	84-86.9% B	74-76.9% C	64-66. 99 D
90-93.9% A-	80-83.9% B-	70-73.9% C-	60-63. 99 D-

Grade Breakdown:

Title	Description	Grade (Pts or %)

Quizzes	Five Multiple Choice Quizzes on Assigned Chapters	100

Total		100%

Course Schedule

Wee k

Dates

Topic

Assignments

Sept 6

Limits and Alernatives &

Supply and CDemand

Chapters 1 and 3Limits

Sept 13

Public Goods

Chapter 5

Quiz #1

Sept 20

Utilioty Maximazation &

Business and the Costs of Production

Chapters 7and 9

Sept 27

Pure Competition

Chapter107

Quiz #2

Oct, 4

Demand For Resources

Chapter 16

Oct 11

Wage Determination

C hapter 17

Quiz #3

Oct. 18

Antitrust Policy and Regulation

Chapter 21

Oct 25

International Trade

Chapter 26

Final Exam

End-of-Course Evaluation Surveys

Your feedback regarding your educational experience in this class is very important to the College of Professional Studies. Your comments will make a difference in the future planning and presentation of our curriculum.

At the end of this course, please take the time to complete the evaluation survey at https://neu.evaluationkit.com. Your survey responses are completely anonymous and confidential. For courses 6 weeks in length or shorter, surveys will be open one week prior to the end of the courses; for courses greater than 6 weeks in length, surveys will be open for two weeks. An email will be sent to your HuskyMail account notifying you when surveys are available.

Academic Integrity

A commitment to the principles of academic integrity is essential to the mission of Northeastern University. The promotion of independent and original scholarship ensures that students derive the most from their educational experience and their pursuit of knowledge. Academic dishonesty violates the most fundamental values of an intellectual community and undermines the achievements of the entire University.

As members of the academic community, students must become familiar with their rights and responsibilities. In each course, they are responsible for knowing the requirements and restrictions regarding research and writing, examinations of whatever kind, collaborative work, the use of study aids, the appropriateness of assistance, and other issues. Students are responsible for learning the conventions of documentation and acknowledgment of sources in their fields. Northeastern University expects students to complete all examinations, tests, papers, creative projects, and assignments of any kind according to the highest ethical standards, as set forth either explicitly or implicitly in this Code or by the direction of instructors.

Go to http://www.northeastern.edu/osccr/academic-integrity-policy/ to access the full academic integrity policy.

CPS expects independent and original work. Dishonesty and/or carelessness violates fundamental values of an intellectual and professional community and will be reported to the Office of Student Conduct and Conflict Resolution (OSCCR) as a violation of the Academic Integrity Policy. To safeguard the integrity of assignments and programs, your course may use systems such as TurnItIn, which checks written work, and Examity, an online exam proctoring system. Work that contains academic integrity violations (AIV) will be graded on a case by case basis. Work displaying AIV may earn a failing grade, a zero, or even result in the instructor assigning the student a failing grade for the class. Students may not withdraw from a class to avoid the grade penalty for serious academic integrity violations.

For additional information or for answers to frequently asked questions, please visit:

https://cps.northeastern.edu/academic-resources/academic-integrity

You may also email [email protected].

Student Accommodations

The College of Professional Studies is committed to providing equitable access to learning opportunities to students with documented disabilities (e.g. mental health, attentional, learning, chronic health, sensory, or physical). To ensure access to this class, and program, please contact The Disability Resource Center (http://www.northeastern.edu/drc/) to engage in a confidential conversation about the process for requesting reasonable accommodations in the classroom and clinical or lab settings. Accommodations are not provided retroactively so students are encouraged to register with the Disability Resource Center (DRC) as soon as they begin their program. The College of Professional Studies encourages students to access all resources available through the DRC for consistent support.

Library Services

The Northeastern University Library is at the hub of campus intellectual life. Resources include over 900,000 print volumes, 206,500 e-books, and 70,225 electronic journals.

For more information, visit http://library.northeastern.edu/.

Wyzant Tutoring Services

Northeastern University’s College of Professional Studies is covering the cost of twenty-five hours per academic year of tutoring from Wyzant to help ensure your success in challenging courses. Tutors on Wyzant have helped thousands of students in 300+ subjects ranging from College Algebra to Academic Writing, Statistical Analysis to Microbiology.To access your free Wyzant Tutoring for students in the College of Professional Studies, please complete the following steps:

· Login to Northeastern University’s Canvas platform and click on your active course.

· Once you are logged in your class, scroll to the bottom red link on the left side of the course navigation that says “Wyzant Tutoring”.

· After clicking this link, you will be prompted to access your free tutoring using your Northeastern login credentials. Indicate your program, time zone, the course you’d like support in, and the specific topics or materials you’d like help with.

· You’ll receive an activation email from Wyzant for Higher Ed. (If you don’t see it, check your spam or junk folders.) From the email, click on the activation button.

· Potential tutors will begin reaching out to you. Their messages will be sent to your Northeastern email inbox and will be accessible via your Wyzant account dashboard.

· Respond back to the tutors you believe might be a good fit to schedule an online session when it’s convenient for you — even late at night!

Tutoring Services

Tutoring can benefit skilled professionals and beginning students alike. NU offers many opportunities for you to enhance your academic work and professional skills through free one-on-one academic support on and off campus. Tutoring is available in multiple subject areas.

For more information, visit http://www.cps.neu.edu/student-resources/tutoring-services.php.

24/7 Canvas Technical Help
For immediate technical support for Canvas, call 1-833-450-3937. You can chat and report an issue to Canvas technical support right from within Canvas through the Help icon located in the Canvas global navigation.

myNortheastern, e-mail, and basic technical support
Visit the Information Technology Services (ITS) Support Portal
Email: [email protected]
ITS Customer Service Desk: 617-373-4357 (help)

Catalog

The College of Professional Studies Undergraduate Catalog is a reference/resource with information about curricula, resources, and academic and student policies.

For more information, visit http://www.cps.neu.edu/student-resources/.

Diversity and Inclusion

Northeastern University and the and the Office of Institutional Diversity and Inclusion (OIDI) is committed to equal opportunity, affirmative action, diversity and social justice while building a climate of inclusion on and beyond campus. In the classroom, member of the University community work to cultivate an inclusive environment that denounces discrimination through innovation, collaboration and an awareness of global perspectives on social justice.

Please visit http://www.northeastern.edu/oidi/ for complete information on Diversity and Inclusion

TITLE IX

Title IX of the Education Amendments of 1972 protects individuals from sex or gender-based

discrimination, including discrimination based on gender-identity, in educational programs and activities that receive federal financial assistance.

Northeastern’s Title IX Policy prohibits sex and gender-based discrimination, including sexual harassment, sexual assault, sexual exploitation, relationship or domestic violence, and stalking. The Title IX Policy refers to sex and gender-based discrimination as “Prohibited Offenses.” The Title IX Policy applies to the entire Northeastern community, including students, faculty and staff of all gender identities.

Allegations of Prohibited Offenses can be reported to the Title IX Coordinator within The Office for University Equity and Compliance at: [email protected] and/or through the Northeastern University Police Department (NUPD) by phone: for an Emergency 617.373.3333; for Non-Emergency 617.373.2121. Reporting to NUPD does NOT commit the victim/affected party to future legal action.

Faculty membe rs are considered “responsible employees” at Northeastern University, meaning they are required to report all reports of and information about alleged Prohibited Offenses to the Office for University Equity and Compliance.

If you or someone you know has experienced a Prohibited Offense, confidential support and guidance can be found through (https://www.northeastern.edu/ouec/resources/main-campus-resources/), University Health and Counseling Services (UHCS) staff (http://www.northeastern.edu/uhcs/) and the Center for Spiritual Dialogue and Service (CSDS) clergy members (http://www.northeastern.edu/spirituallife/). Employees within the VRC, UHCS, and CSDS are not required to report allegations of Prohibited Offenses to the Officefor University Equity and Compliance.

In case of an emergency, please call 911 OR NUPD’S Emergencyline: 617-373-3333.

Please visit www.northeastern.edu/titleix for a complete list of reporting options and resources, both on-and off-campus.

Northeastern University Online Copyright Statement

Northeastern University Online is a registered trademark of Northeastern University. All other brand and product names are trademarks or registered trademarks of their respective companies.
This course material is copyrighted and Northeastern University Online reserves all rights. No part of this publication may be reproduced, transmitted, transcribed, stored in a retrieval system, or translated into any language or computer language, in any form or by any means, electronic, mechanical, magnetic, optical, chemical, manual, or otherwise, without the express prior written permission of Northeastern University Online.

The instructor reserves the right to amend this syllabus, both online and the document itself, during the term and will notify students of the change(s). The revised syllabus is the official record of class policies and schedule of due dates

2023-09-11

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