Economics 100

TEXT: Contemporary Economics, by Robert J. Carbaugh. First edition. Study Guide for the textbook is recommended. Business section of any newspaper. Wall Street Journal is recommended.

OBJECTIVES: Introduction to basic economics theory with an emphasis on how economics affects our daily lives. Also, preparation for upper division courses.

OFFICE HOURS: MW 9-10:30 or by appointment. Office location: P17-I Phone: 744-1150 extension 2421 e-mail: jesteban@palomar.edu Economics Department extension - 2412. Cyberdiscussion Money

OUTLINE

Week 1	Introduction to Economics	Read Chapter 1
2	Supply and Demand Analysis	Read Chapter 2
3	Elasticity	Read Chapter 3	QUIZ NO. 1
WEEK 4	Costs of production	Read Chapter 4
5	Perfect Competition & Monopoly	Read Chapter 5	TEST NO. 1
6	Imperfect Competition	Read Chapter 6
WEEK 7	Labor Markets and Regulation	Read Chapters 7-8
8	Macroeconomics in the US	Read Chapter 9	QUIZ NO. 2
9	Economic Growth	Read Chapter 10
WEEK 10	Business Cycles	Read Chapter 11	TEST NO. 2
11	Aggregate Supply and Demand	Read Chapter 12
12	Fiscal Policy	Read Chapter 13	Misery Index
13	Money and Banking	Read Chapter 14	QUIZ NO. 3
WEEK 14	Monetary Policy	Read Chapter 15
15	International Trade	Read Chapter 16
16	International Finance	Read Chapter 17
WEEK 17	FINAL EXAM		May 12-18

GRADING POLICY

FIRST TEST	100 points
SECOND TEST	100 Points
THREE QUIZZES - 50 POINTS EACH	150 points
VARIOUS PROJECTS	100 points
FINAL TEST	150 points
TOTAL	600 points

Notes: All tests are cumulative and are made up of multiple choice and/or essay questions. No make-ups are possible unless an emergency occurs. If you have a problem, please see me or call me. Homework assignments will be randomly collected for extra points.

Drop deadline is March 9, after this date AUTOMATIC F!
To get a grade of A/Credit you need 90% of the total points
To get a grade of B/Credit you need 80% of the total points
To get a grade of C/Credit you need 70% of the total points
To get a grade of D/No Credit you need 60% of the total points
To get a grade of F/No Credit you would be under 60% of the points

SUGGESTIONS
To do well in class I suggest you do the following:
a) Finish your reading assignment before class and take notes about the information you gather. You will discover that you need   to read the material over a couple of times before it makes sense.
b) Make sure you ask questions in class about the material you do not understand. Bring up current events for discussion.     Economics is a very current topic.
c) Your class attendance is CRITICAL!
d) You are in this class because you chose to be here. Make it a rewarding and interesting experience for you.   Economics is a challenging subject, and by the same token, an interesting one. In order for you to learn, you will have to work at it. HAVE    FUN!!!

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