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ECO 100 Principles of Economics

Quarter: Spring 2014 Meeting Days/Time: Monday, 6:00PM 10:00PM Meeting Location: Room #205, Loudoun Campus Instructor: Dr. Alisher Akhmedjonov Instructor E-mail: alisher.akhmedjonov@strayer.edu Instructor Office Hours/Location: Monday between 1:00pm-2:00pm at the Loudoun Campus

COURSE DESCRIPTION
Presents a survey of basic macro- and microeconomic principles and concepts. Reviews the economic dynamics of market forces affecting competition, different economic systems, the role of government in the economy, and economic aspects of international trade. Discusses the labor market, interest rates and the supply of money, and performance of a national economy. Examines the use of economics in business decisions, considering such principles as opportunity costs, diminishing returns, and the marginal principle.

INSTRUCTIONAL MATERIALS
Required Resources O'Sullivan, A., Sheffrin, S., & Perez, S. (2014). Survey of economics: Principles, applications, and tools (6th ed.). Upper Saddle River, NJ: Pearson-Prentice Hall. MyEconLab book key Note: MyEconLab is integrated with the online course shell. Students must have the correct registration code in order to access MyEconLab. The eCode should be purchased from MBS Direct Bookstore. http://bookstore.mbsdirect.net/strayer.htm.

Supplemental Resources Cikowicz, P., & Rzoca, A. (2012). Does Inflation Harm Corporate Investment? Empirical Evidence from OECD Countries. Economics Discussion Papers, No 2012-63, Kiel Institute for the World Economy. Retrieved April 5, 2013 from http://www.economicsejournal.org/economics/discussionpapers/201263 Daly, M., Hobijn, B., ahin, A., & Valletta, R. (2012). A Search and Matching Approach to Labor Markets: Did the Natural Rate of Unemployment Rise? Journal of Economic Perspectives, 26(3), 3-26. doi:10.1257/jep.26.3.3 Hoynes, H., Miller, D., & Schaller, J. (2012). Who Suffers during Recessions? Journal of Economic Perspectives, 26(3), 27-48. doi:10.1257/jep.26.3.27 Klein, E. (2012, September 7). Discouraged workers are not why unemployment fell. The Washington Post. Retrieved May 1, 2013 from http://www.washingtonpost.com/blogs/wonkblog/wp/2012/09/07/discouraged-workers-are-notwhyunemployment-fell/ Leduc, S., & Liu, Z. (2012, September 17). Uncertainty, Unemployment, and Inflation. Retrieved April 5, 2013, from http://www.frbsf.org/publications/economics/letter/2012/el2012-28.html

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ECO 100 Principles of Economics


COURSE LEARNING OUTCOMES
1. Apply the underlying principles of economics and the economic way of thinking to assess market issues and make business decisions. 2. Explain the key principles of economics that are central to all economic theory. 3. Differentiate between the concepts and application of microeconomics and macroeconomics. 4. Explain the basic functioning of markets for products in a capitalist economy. 5. Analyze the dynamics of supply and demand to anticipate market equilibrium. 6. Analyze the elasticity of demand and supply and its importance, and the effect of taxes or other public policies. 7. Analyze an individual firms costs to make output decisions in the short term and long term. 8. Describe the impact of various forms of competition on business operations with emphasis on perfect competition. 9. Analyze imperfectly competitive markets monopoly, monopolistic competition, and oligopoly to understand their profit-maximizing decisions. 10. Describe the impact of public goods and externalities on the functioning of an economy. 11. Use the dynamics of the labor market to anticipate wage rate and labor supply changes. 12. Explain basic macroeconomic terms and concepts required to study the economy as a whole. 13. Analyze key macroeconomic phenomena: GDP, unemployment, inflation. 14. Explain the factors and mechanisms of growth. 15. Analyze the basic operation of a national economy to explain the fluctuations in aggregate supply and demand, economic performance, and interest rates. 16. Explain how governments use monetary and fiscal policy to manage the economy. 17. Explain how monetary policy affects the economy in the short run. 18. Explain the economic rationale of why trade occurs and the gains from trade. 19. Use technology and information resources to research issues in principles of economics. 20. Write clearly and concisely about principles of economics using proper writing mechanics.

WEEKLY COURSE SCHEDULE


The standard requirement for a 4.5 credit hour course is for students to spend 13.5 hours in weekly work. This includes preparation, activities, and evaluation regardless of delivery mode. Week Preparation, Activities, and Evaluation Points

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ECO 100 Principles of Economics


1 Preparation Reading(s) o Economics? o 2 Chapter 1: Introduction: What Is

Activities

Chapter 2: The Key Principles of Economics 20 16 16

Discussions Evaluation Week 1 Chapter 1 Homework Week 1 Chapter 2 Homework

Preparation Reading(s) o Equilibrium o e-Activity Chapter 3: Demand, Supply, and Market Chapter 4: Elasticity: A Measure of

Responsiveness

o Use the Internet to research a recent event that caused the demand for a product or service to change. Be prepared to discuss. Activities Discussions Evaluation Week 2 Chapter 3 Homework Week 2 Chapter 4 Homework Week 2 Quiz Chapters 1 and 2 20 16 16 80 Chapter 6:

Preparation Reading(s) o Chapter 5: Production Technology and Cost o Perfect Competition Activities Discussions Evaluation Week 3 Chapter 5 Homework Week 3 Chapter 6 Homework Week 3 Quiz Chapters 3 and 4 20 16 16 80

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ECO 100 Principles of Economics


4 Preparation Reading(s) o e-Activity Chapter 7: Monopoly and Price Discrimination o Chapter 8: Market Entry, Monopolistic Competition, and Oligopoly

o Read the CNN Money article titled Does Apple have a Monopoly,
dated February 16, 2011, located at http://tech.fortune.cnn.com/2011/02/16/doesapple-have-amonopoly/. Be prepared to discuss. Activities Discussions Evaluation Week 4 Chapter 7 Homework Week 4 Chapter 8 Homework Week 4 Quiz Chapters 5 and 6 Assignment 1: Principles of Economics

20 16 16 80 150

Preparation Reading(s) o Chapter 9: Imperfect Information, External Benefits, and External Costs Activities Discussions Evaluation Week 5 Chapter 9 Homework 20 16 Week 5 Midterm Exam Part I (Chapters 1-4) Week 5 Midterm Part II (Chapters 5-8) 80 80

Preparation Reading(s) o Chapter 10: The Labor Market, Income, and Poverty o Income e-Activities Chapter 11: Measuring a Nations Production and

o Go to a Website on the Internet and find an article about the pros and
cons of raising the minimum wage such as: http://www.salary.com/increasing-the-minimum-wage-pros-cons/. Be prepared to discuss and support your position on the minimum wage debate.

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ECO 100 Principles of Economics


o Go to the Bureau of Economic Analysis at www.bea.gov. Navigate on
the home page to where it states National, then select Gross Domestic Product. Next, select GDP and the National Income and Product Account (NIPA) Historical Tables. The exact address is http://bea.gov/national/index.htm#gdp. Be prepared to discuss your findings. Activities 7 Preparation Reading(s) o Chapter 12: Unemployment and Inflation o Why Do Economies Grow? e-Activity Chapter 13: Discussions Evaluation Week 6 Chapter 10 Homework Week 6 Chapter 11 Homework Week 6 Quiz Chapter 9 16 16 40 20

o Go to the Bureau of Labor Statistics at www.bls.gov. Navigate to


Subject Areas at the top of the home page, and then under Unemployment, review both National Unemployment Rate and Local Area Unemployment Statistics. Next, navigate to Database & Tools at the top of the home page, and select Top Picks. Be prepared to discuss. Activities 8 Discussions Evaluation Week 7 Chapter 12 Homework Week 7 Chapter 13 Homework Week 7 Quiz Chapters 10 and 11 20 16 16 80

Preparation Reading(s)

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ECO 100 Principles of Economics


o Chapter 14: Aggregate Demand and Aggregate Supply o Chapter 15: Fiscal Policy

e-Activity Go to the Politico Website to read the article titled Details on Obamas $3-Trillion Deficit-Cutting Plan, dated September 19, 2011, located at http://www.politico.com/news/stories/0911/63828.html. Be prepared to discuss. Activities o Discussions Evaluation Week 8 Chapter 14 Homework Week 8 Chapter 15 Homework Week 8 Quiz Chapters 12 and 13 Assignment 2: The Fiscal and Monetary Policy and Economic Fluctuations 20 16 16 80 150

Preparation Reading(s) o e-Activity Chapter 16: Money and the Banking System o Chapter 17: Monetary Policy and Inflation

o Go to the Federal Reserve Website to read the press release titled


Press Release, dated September 21, 2011, located at http://www.federalreserve.gov/newsevents/press/monetary/20110921 a.htm. Be prepared to discuss. Activities Discussions Evaluation Week 9 Chapter 16 Homework Week 9 Chapter 17 Homework Week 9 Quiz Chapter 14 and 15 20 16 16 80 10 Preparation Reading(s) o Chapter 18: International Trade and Finance e-Activity o Use the Internet to research a country with which the U.S. has established a trade agreement. Be prepared to discuss. Activities Discussions Evaluation Week 10 Chapter 18 Homework Week 10 Quiz Chapters 16 and 17 20 16 80

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ECO 100 Principles of Economics


11 Preparation

Reading(s): None Discussions Evaluation Week 11 Final Exam Part I (Chapters 9-13) Week 11 Final Exam Part II (Chapters 14-18) 20 100 100

Activities

GRADING SCALE UNDERGRADUATE


Assignment Quizzes (open book with a 1-hour total time limit) (7 quizzes, 10 questions each, worth 8 points apiece; and 1 quiz, 10 questions, worth 4 points apiece) Mid Term Exam: (open book with 2-hour time limit for each part) Part I: Chapters 1-4 (20 multiple choice questions worth 4 points apiece) Part II: Chapters 1-8 (20 multiple choice questions worth 4 points apiece) Final Exam (open book with 2-hour time limit for each part) Part I: Chapters 9-13 (20 multiple choice questions worth 5 points apiece) Part II: Chapters 14-18 (20 multiple choice questions worth 5 points apiece) Homework (72 exercises, worth 4 points apiece) Assignment 1: Principles of Economics Assignment 2: The Fiscal and Monetary Policy and Economic Fluctuations Participation (22 discussions worth 10 point a piece) Totals Total Points 600 % of Grade 34%

160

9%

200

11%

288 150 150 220 1,768

16% 9% 9% 12% 100%

Points 1,591 1,768 1,414 1,590

Percentage 90% 100% 80% 89%

Grade A B

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ECO 100 Principles of Economics


1,238 1,413 1,061 1,237 Below 1,061 70% 79% 60% 69% Below 60% C D F

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ECO 100 Assignments and Rubrics


Assignment 1: Principles of Economics Due Week 4 and worth 150 points Write a two to three (2-3) page paper in which you: 1. Identify a relevant economic article from either the Strayer Library or a newspaper. The article must deal with any course concepts covered in Weeks 1-4. 2. In the first two (2) paragraphs, identify at least four (4) key points that the article highlights. 3. In the next three to five (3-5) paragraphs, apply two (2) of the following economic concepts (supply and demand, market structures, elasticity, and costs of production) to the key points that you highlighted in Question 2. 4. In your concluding paragraph, state whether you agree or disagree with the authors comments. Provide a rationale for the response. 5. Use at least three (3) quality resources in this assignment with one (1) being your article. Your assignment must follow these formatting requirements: Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. Include a cover page containing the title of the assignment, the students name, the professors name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are: Apply the underlying principles of economics and the economic way of thinking to assess market issues and make business decisions. Analyze the dynamics of supply and demand to anticipate market equilibrium. Analyze the elasticity of demand and supply and its importance, and the effect of taxes or other public policies Describe the impact of various forms of competition on business operations with emphasis on perfect competition. Use technology and information resources to research issues in principles of economics. Write clearly and concisely about principles of economics using proper writing mechanics.

Grading for this assignment will be based on answer quality, logic/organization of the paper, and Points: 150 Assignment 1: Principles of Economics Meets Minimum Criteria Expectations Unacceptable 60-69% D Below 60% F language and writing skills, using the following rubric. Fair 70-79% C Proficient 80-89% B Exemplary 90-100% A

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ECO 100 Assignments and Rubrics


1. Identify a relevant economic article from either the Strayer Library or a newspaper. The article must deal with any course concepts covered in Weeks 1-4. Weight: 15% Did not submit or incompletely identified a relevant economic article that dealt with any course concepts covered in Weeks 1-4 from either the Strayer Library or a newspaper. Insufficiently identified a relevant economic article that dealt with any course concepts covered in Weeks 1-4 from either the Strayer Library or a newspaper. Insufficiently identified at least four (4) key points that the article highlighted in the first two paragraphs. Insufficiently applied two (2) of the following economic concepts (supply and demand, market structures, elasticity, and cost production) to the key points that you highlighted in Question 2 in the next three to five (3-5) paragraphs. Partially identified a relevant economic article that dealt with any course concepts covered in Weeks 1-4 from either the Strayer Library or a newspaper. Satisfactorily identified a relevant economic article that dealt with any course concepts covered in Weeks 1-4 from either the Strayer Library or a newspaper. Satisfactorily identified at least four (4) key points that the article highlighted in the first two paragraphs. Satisfactorily applied two (2) of the following economic concepts (supply and demand, market structures, elasticity, and cost production) to the key points that you highlighted in Question 2 in the next three to five (3-5) paragraphs. Thoroughly identified a relevant economic article that dealt with any course concepts covered in Weeks 1-4 from either the Strayer Library or a newspaper. Thoroughly identified at least four (4) key points that the article highlighted in the first two paragraphs. Thoroughly applied two (2) of the following economic concepts (supply and demand, market structures, elasticity, and cost production) to the key points that you highlighted in Question 2 in the next three to five (3-5) paragraphs.

2. In the first two (2) paragraphs, identify at least four (4) key points that the article highlights. Weight: 25%

Did not submit or incompletely identified at least four (4) key points that the article highlighted in the first two paragraphs. Did not submit or incompletely applied two (2) of the following economic concepts (supply and demand, market structures, elasticity, and cost production) to the key points that you highlighted in Question 2 in the next three to five (3-5) paragraphs.

Partially identified at least four (4) key points that the article highlighted in the first two paragraphs. Partially applied two (2) of the following economic concepts (supply and demand, market structures, elasticity, and cost production) to the key points that you highlighted in Question 2 in the next three to five (3-5) paragraphs.

3. In the next three to five (3-5) paragraphs, apply two (2) of the following economic concepts (supply and demand, market structures, elasticity, and costs of production) to the key points that you highlighted in Question 2. Weight: 30%

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ECO 100 Assignments and Rubrics


4. In your concluding paragraph, state whether you agree or disagree with the authors comments. Provide a rationale for your response. Weight:15% Did not submit or incompletely stated whether you agree or disagree with the authors comments and did not submit or incompletely provided a rationale for your response in your concluding paragraph. No references provided Insufficiently stated whether you agree or disagree with the authors comments and insufficiently provided a rationale for your response in your concluding paragraph. Does not meet the required number of references; all references poor quality choices. Partially stated whether you agree or disagree with the authors comments and partially provided a rationale for your response in your concluding paragraph. Does not meet the required number of references; some references poor quality choices. 5-6 errors present Satisfactorily stated whether you agree or disagree with the authors comments and satisfactorily provided a rationale for your response in your concluding paragraph. Meets number of required references; all references high quality choices. Thoroughly stated whether you agree or disagree with the authors comments and thoroughly provided a rationale for your response in your concluding paragraph. Exceeds number of required references; all references high quality choices. 0-2 errors present

5. 3 references Weight: 5%

6. Clarity, writing mechanics, and formatting requirements Weight: 10%

More than 8 errors 7-8 errors present present

3-4 errors present

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ECO 100 Assignments and Rubrics


Assignment 2: The Fiscal and Monetary Policy and Economic Fluctuations Due Week 8 and worth 150 points Write a three to four (3-4) page paper in which you: 1. Discuss the current economic situation in the U.S. as compared to five (5) years ago. Include interest rates, inflation, and unemployment rate in your explanation. 2. Explain the changes in interest rates, inflation, and unemployment rates that your research yielded. Explain one reason for each of the changes in interest rates, inflation, and unemployment rates that you identified in Question 1. 3. Identify two (2) strategies based on fiscal and monetary policy that would encourage people to spend money in order to create economic growth. 4. Explain how the two (2) strategies that you identified in Question 3 could affect the unemployment, inflation, and interest rates. 5. Use at least three (3) quality resources in this assignment. Your assignment must follow these formatting requirements: Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. Include a cover page containing the title of the assignment, the students name, the professors name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are: Analyze imperfectly competitive markets monopoly, monopolistic competition, and oligopoly to understand their profit-maximizing decisions. Explain the factors and mechanisms of growth. Explain how governments use monetary and fiscal policy to manage the economy. Use technology and information resources to research issues in principles of economics. Write clearly and concisely about principles of economics using proper writing mechanics.

Grading for this assignment will be based on answer quality, logic/organization of the paper, and Points: 150 Assignment 2: The Fiscal and Monetary Policy and Economic Fluctuations Meets Minimum Criteria Expectations Unacceptable 60-69% D Below 60% F language and writing skills, using the following rubric. Fair 70-79% C Proficient 80-89% B Exemplary 90-100% A

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ECO 100 Assignments and Rubrics


1. Discuss the current economic situation in the U.S. as compared to five (5) years ago. Include interest rates, inflation, and unemployment rate in your explanation. Weight: 25% Did not submit or incompletely discussed the current economic situation in the U.S. as compared to five (5) years ago and did not submit or incompletely included interest rates, inflation, and unemployment rate in your explanation. Did not submit or incompletely explained the changes in interest rates, inflation, and unemployment rates that your research yielded and did not submit or incompletely explained one (1) reason for each of the changes in interest rates, inflation, and unemployment rates that you identified in Question 1. Did not submit or incompletely identified two (2) strategies based on fiscal and monetary policy that would encourage people to spend money in order to create economic growth. Insufficiently discussed the current economic situation in the U.S. as compared to five (5) years ago insufficiently included interest rates, inflation, and unemployment rate in your explanation. Insufficiently explained the changes in interest rates, inflation, and unemployment rates that your research yielded and insufficiently explained one (1) reason for each of the changes in interest rates, inflation, and unemployment rates that you identified in Question 1. Insufficiently identified two (2) strategies based on fiscal and monetary policy that would encourage people to spend money in order to create economic growth. Partially discussed the current economic situation in the U.S. as compared to five (5) years ago and partially included interest rates, inflation, and unemployment rate in your explanation. Partially explained the changes in interest rates, inflation, and unemployment rates that your research yielded and partially explained one (1) reason for each of the changes in interest rates, inflation, and unemployment rates that you identified in Question 1. Partially identified two (2) strategies based on fiscal and monetary policy that would encourage people to spend money in order to create economic growth. Satisfactorily discussed the current economic situation in the U.S. as compared to five (5) years ago and satisfactorily included interest rates, inflation, and unemployment rate in your explanation. Satisfactorily explained the changes in interest rates, inflation, and unemployment rates that your research yielded and satisfactorily explained one (1) reason for each of the changes in interest rates, inflation, and unemployment rates that you identified in Question 1. Satisfactorily identified two (2) strategies based on fiscal and monetary policy that would encourage people to spend money in order to create economic growth. Thoroughly discussed the current economic situation in the U.S. as compared to five (5) years ago and thoroughly included interest rates, inflation, and unemployment rate in your explanation. Thoroughly explained the changes in interest rates, inflation, and unemployment rates that your research yielded and thoroughly explained one (1) reason for each of the changes in interest rates, inflation, and unemployment rates that you identified in Question 1. Thoroughly identified two (2) strategies based on fiscal and monetary policy that would encourage people to spend money in order to create economic growth.

2. Explain the changes in interest rates, inflation, and unemployment rates that your research yielded. Explain one (1) reason for each of the changes in interest rates, inflation, and unemployment rates that you identified in Question 1. Weight: 20%

3. Identify two (2) strategies based on fiscal and monetary policy that would encourage people to spend money in order to create economic growth. Weight: 20%

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ECO 100 Assignments and Rubrics


4. Explain how the two (2) strategies that you identified in Question 3 could affect the unemployment, inflation, and interest rates. Weight: 20% Did not submit or incompletely explained how the two (2) strategies that you identified in Question 3 could affect the unemployment, inflation, and interest rates. No references provided Insufficiently explained how the two (2) strategies that you identified in Question 3 could affect the unemployment, inflation, and interest rates. Does not meet the required number of references; all references poor quality choices. 6. Clarity, writing mechanics, and formatting requirements Weight: 10% More than 8 errors present 7-8 errors present Partially explained how the two (2) strategies that you identified in Question 3 could affect the unemployment, inflation, and interest rates. Does not meet the required number of references; some Satisfactorily explained how the two (2) strategies that you identified in Question 3 could affect the unemployment, inflation, and interest rates. Meets number of required references; all references high quality Thoroughly explained how the two (2) strategies that you identified in Question 3 could affect the unemployment, inflation, and interest rates. Exceeds number of required references; all references high quality choices. 0-2 errors present

5. 3 references Weight: 5%

references poor choices. quality choices. 5-6 errors present 3-4 errors present

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ECO 100 Student Notes


Weekly Course Schedule
The purpose of the course schedule is to give you, at a glance, the required preparation, activities, and evaluation components of your course. For more information about your course, whether on-ground or online, access your online course shell. The expectations for a 4.5 credit hour course are for students to spend 13.5 hours in weekly work. This time estimate includes preparation, activities, and evaluation regardless of the delivery mode.

Instructional Materials
In order to be fully prepared, obtain a copy of the required textbooks and other instructional materials prior to the first day of class. When available, Strayer University provides a link to the first three (3) chapters of your textbook(s) in eBook format. Check your online course shell for availability. Review the online course shell or check with your professor to determine whether Internet-based assignments and activities are used in this course. Strayer students are encouraged to purchase their course materials through our designated bookstore MBS Direct. http://bookstore.mbsdirect.net/strayer.htm If a lab is required for the course, MBS Direct is the only vendor that sells the correct registration code so that Strayer students may access labs successfully.

Discussions
To earn full credit in an online threaded discussion, students must have one original post and a minimum of one other post per discussion thread. Please note: Material in the online class will be made available on the previous Thursday. As it is always possible that students could lose their work due to unforeseen circumstances, it is a best practice to routinely save a working draft in a separate file before posting in the course discussion area. Professors hold discussions during class time for on-ground students. Check with your professor if any additional discussion participation is required in the online course shell outside of class hours.

Tests
Tests (quizzes, midterm and final exams, essay exams, lab tests, etc.) are available for student access and completion through the online course shell. Check the online course shell to determine how you are expected to take the tests. Online students are to complete the test by Monday 9:00 a.m. Details regarding due dates are posted in the Blackboard Calendar tool. On-ground students are to complete the tests after the material is covered and before the next class session.

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ECO 100
Assignments
A standardized performance grading rubric is a tool your professor will use to evaluate your written assignments. Review the rubric before submitting assignments that have grading rubrics associated with them to ensure you have met the performance criteria stated on the rubric. Grades are based on individual effort. There is no group grading; however, working in groups in the online or on-ground classroom is acceptable.

Student Notes
Assignments for online students are always submitted through the online course shell. On-ground professors will inform students on how to submit assignments, whether in paper format or through the online course shell.

Resources
The Resource Center navigation button in the online course shell contains helpful links. Strayer University Library Resources are available here as well as other important information. You should review this area to find resources and answers to common questions. Technical support is available for the following:

For technical questions, please contact Strayer Online Technical Support by logging in to your iCampus account at https://icampus.strayer.edu/login and submitting a case under Student Center, then Submit Help Ticket. If you are unable to log in to your iCampus account, please contact Technical Support via phone at (877) 642-2999. For concerns with your class, please access the Solution Center by logging in to your iCampus account at https://icampus.strayer.edu/login and submitting a case under Student Center, then Submit Help Ticket. If you are unable to log in to your iCampus account, please contact the IT Help Desk at (866) 610-8123 or at mailto:IThelpdesk@Strayer.edu.

TurnItIn.com is an optional online tool to assess the originality of student written work. Check with your professor for access and use instructions. The Strayer Policies link on the navigation bar in the online course shell contains academic policies. It is important that students be aware of these policies. Class Information, Expectations, and Policies Please take the time to read this Class Information, Expectations and Policies section of the Course Guide: 1) Attendance: Students are expected to attend and be on time for all regularly scheduled campus classes. Should absences or tardiness be necessary, students are responsible for the material covered during the absences. Strayer University requires all faculty to take attendance during each class period and to record it accurately on their permanent roster. A student who is absent from four consecutive class meetings, excluding holidays and emergency cancellation of classes, will be withdrawn automatically from that course. 2) Weekly Course Schedule: Students are expected to complete weekly quizzes, and writing assignments by the stated due dates. Please refer to your Student Course Guide for due dates. If you experience extenuating circumstances and need additional time to complete an assignment, you must contact the professor.
2013 Strayer University. All Rights Reserved. This document contains Strayer University Confidential and Proprietary information and may not be copied, further distributed, or otherwise disclosed in whole or in part, without the expressed written permission of Strayer University. ECO 100 Student Version 1136 (1109 9-18-2013) Final Page 16 of 19

ECO 100
3) Rescheduling of Cancelled Classes: All classes cancelled by the University and/or the professor are required to be made up before the next regularly scheduled class session. Any exceptions to this policy must be discussed and approved by the Campus Dean. 4) Late Policy: Strayer University understands students sometimes face illness or other exceptional circumstances that could impact their ability to attend class and complete course requirements. Definition: A documented exceptional circumstance may include, but is not limited to: Students long-tem (4 days or more) illness and/or hospitalization; Natural disasters (particularly those that lead to the loss of power/internet connection); Military deployment; Hospitalization and/or death of an immediate family member. Definition: An undocumented exceptional circumstance may include, but is not limited to: Short-term (3 days or less) illness of the student or students child; Unexpected circumstances related to a students employment; and Unexpected child or elder care. A. Late Assignment with Documented Exceptional Circumstance 1. A student may submit work after the due date and receive credit for the assignment if the student provides the documentation supporting the exceptional circumstance directly to the class professor. 2. Students with documentable exceptional circumstances provided to the class professor will not receive a deduction of points for work submitted during the exceptional circumstance timeframe agreed upon between the professor and student. 3. Faculty members who have been provided documentation for a late assignment due to an exceptional circumstance must allow students to make up all assignments, including discussion posts during the agreed upon time period for the documented exceptional circumstance. B. Late Assignment without Documented Exceptional Circumstance 1. A student may submit work after the due date and may receive partial credit for the assignment if the student contacts his or her professor as soon as it is known that the assignment may be late. 2. Grading for late assignments without documented exceptional circumstances is discussed below. C. Grading for Late Assignments without Documented Exceptional Circumstances 1. Students who submit work after the assigned due date without exceptional circumstance can expect a reduction of points in the following manner: a) Assignments submitted within 7 days after the submission deadline will receive up to a 20% deduction. The actual deduction will be determined by the professor, but cannot exceed 20%.

2013 Strayer University. All Rights Reserved. This document contains Strayer University Confidential and Proprietary information and may not be copied, further distributed, or otherwise disclosed in whole or in part, without the expressed written permission of Strayer University. ECO 100 Student Version 1136 (1109 9-18-2013) Final Page 17 of 19

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b) Assignments submitted between 8 and 14 days after the submission date will receive up to a 50% deduction. The actual deduction will be determined by the professor, but cannot exceed 50%. Assignments submitted beyond 14 days from the due date are not acceptable and the student cannot receive credit for the assignment. c) Please note, assignments due during the last week of the term cannot be accepted late. 2. All past due assignments must be submitted by the last Wednesday of the academic term. Late assignments submitted after the last Wednesday of the academic term must receive a grade of zero (0), i.e. no credit awarded. 3. This late policy only pertains to the academic term when the student is enrolled. 4. Discussion boards, by definition, are not assignments that are easily made up. Because students have 11 day access to course discussions, late participation is not accepted. All Professors are responsible for reviewing and understanding the The Treatment of Late Assignments Resulting from Exceptional Circumstances Policy that was revised on 7/1/2013. The entire policy and procedures can be found on StrayerNow. 5) Weekly Discussions / Participation: Students are expected to be prepared for the weekly discussions. These discussions will be completed during each weekly class session. Each week students will earn class participation points by attending class and participating during the lectures, class discussions, class activities, etc. Students who leave early may lose discussion points for that class. Students who do not attend a class session will lose their class participations points for that class session. 6) Quizzes: Students are to complete a quiz that covers the material covered during the prior week. Each quiz is located in the course shell under a weekly tab. Each quiz is an open-book and timed quiz that can be only taken once. Students are to complete each quiz by the due date. If the quiz is not completed by the due date, the student earns a zero for that quiz. The zero grade will be posted to the students grade book immediately following the date the quiz was due. 7) Written Assignments: There are writing assignments/papers in this course. A grading rubric has been provided for each assignment. The rubrics can be found in the Student Course Guide. The grading rubrics vary by assignment so please review the grading rubric for each assignment prior to completing the specific assignment. If the writing assignment/paper is not completed by the due date, the student earns a zero for the assignment/paper. The zero grade will be posted to the students grade book immediately following the date the assignment was due. Please ensure that you understand your professors expectations for the writing assignments. a) APA Written assignments must be compliant with APA (6th edition). Information on APA can be found under the Resource Center tab. Additional APA resources include: http://owl.english.purdue.edu/owl/resources/560/01 http://www.apastyle.org b) Tutor.com Tutor.com is a FREE 24/7 and one on one service for ALL students covering the content of 29 courses and ANY writing assignment. c) (re)Vision Center Students are also encouraged to use Strayer Universitys writing resource called the reVisionCenter. The tool can be found under the Tutoring tab.

2013 Strayer University. All Rights Reserved. This document contains Strayer University Confidential and Proprietary information and may not be copied, further distributed, or otherwise disclosed in whole or in part, without the expressed written permission of Strayer University. ECO 100 Student Version 1136 (1109 9-18-2013) Final Page 18 of 19

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d) Turnitin Plagiarism is using someone else's words or ideas as one's own without giving proper credit and Strayer University considers it to be a serious offense. Therefore, students are required to submit their written assignments to Turnitin. 8) Cell Phones a) Please turn your cell phone off. Please discuss any exceptions with your professor. The use of your cell phone during class will reduce the students discussion points. b) Please do not text during class time. Texting during class will also reduce the students discussion points. 9) Professor Response Times a) Respond to your questions (emails and phone calls) within 24 hours (48 hours on the week-end). b) Post a zero grade for non-complete quizzes and exams immediately following the quiz and/or exam due date. c) Grade your Assignments and post the grade within seven days of the due date.

2013 Strayer University. All Rights Reserved. This document contains Strayer University Confidential and Proprietary information and may not be copied, further distributed, or otherwise disclosed in whole or in part, without the expressed written permission of Strayer University. ECO 100 Student Version 1136 (1109 9-18-2013) Final Page 19 of 19

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