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Honors Microeconomics Wysocki 2015

by Loyola Academy

This course material is only available in the iTunes U app on iPhone or iPad.

Course Description

Hello, and welcome to Honors Microeconomics. For forty-three minutes a day you will be challenged to think in a way in which many of you are unfamiliar. You will delve into a magnificent world of opportunity costs, utility, and the ever elusive invisible hand. If this class is successful, you will never view the world quite the same; you will view it as an economist. Enjoy!

Course Description:
This course examines the behavior and principles of the American economy from a micro economic perspective and in combination with macro economics.  This course will give the student a solid foundation for the study of college level economics and some business related courses.
The goal is to give the student a new way of looking at and understanding the world through the lens of economics, finance, and business.  Topics include markets, consumer behavior, production, government policies, measuring the economy, banking, growth, employment, inflation and many others.

Textbook: Krugman’s Economics for AP
Naked Economics: Undressing the Dismal Science, Charles Wheelan- iBook $12.99
Materials: Aside from your textbook, each student should have the following everyday:
Notebook (students are encouraged to keep a paper notebook for this class; you will be asked to draw graphs with pencil and paper), pencils, colored pencils, straight-edge (an id or credit card is sufficient)

Class Expectations:
            Unimpeachable Integrity- doing what you know is right even when nobody is watching
Students are expected to act in accordance with all Loyola Academy policies. Academic dishonesty will not be tolerated in class. Any violations will be handled in accordance with Loyola Academy’s policy as written in the student handbook.
Tardies: Students are expected to be in class before the bell rings. If they are not, a tardy will ensue. If a student is tardy 3 times in one semester, JUG's will be given for each subsequent tardy. 
iPad: During classtime iPads are to be used appropriately and only to enhance your Economics experience. Off task behavior on the iPad is not only distraction to yourself, but also to those students around you. Any off task usage of the iPad will result in a JUG. If the behavior persists, students’ iPad privileges may be revoked during class.  Some examples of off task behavior include but are not limited to: Games, Snapchat, iMessage, picture taking, homework/studying for other classes, and any other new, addicting, supercool iPad app developed throughout the course of the year.
Picture taking:Students may not photograph or record me without my prior consent. This includes taking pictures of the whiteboard for notes. Generally, I will allow you to take pictures of the board, but please ask me first.
Semester grade = Quarter 1 and 2 (80%) + Final Exam (20%). 
Grades will be calculated on a straight points based system. Each assignment will be weighted equally based on the assigned point value. Grades will fall into one of the following categories:
Tests: Tests will be cumulative and given at the teacher’s discretion, generally at the end of a unit.
Quizzes: Quizzes will be given throughout the semester. Quizzes can be announced or unannounced.
Participation: Each week students will be given fifteen points towards participation. Most daily homework assignments will fall into this category. If students complete all assignments from a week BEFORE class begins, they will receive full homework points for a week. If a student misses an assignment, they will lose that day’s participation points. Also, if a student is disruptive, does not participate in group discussions or activities, points will be deducted from their participation grade. Participation points cannot be gained back.
Homework: Students will be given individual homework assignments throughout the semester. Grading and point value of homework assignments will be dependent on individual assignments
Projects: Students will be given projects equaling a test or quiz grade throughout the semester.
Classwork: Classwork may be collected for a grade at any time.
Extra-Credit: Extra credit opportunities may be available throughout the semester as they arise. Extra credit is NOT guaranteed each semester.
Late Work:
Because topics in this class build on each other, students will be at a great disadvantage if they do not regularly complete their homework. Knowing we are all rational economists, I understand sometimes the opportunity cost of doing an economics assignment is too great (very rarely!). Because of this, late homework will be accepted for half credit one day late. Homework counted towards your participation grade cannot be made up. No late work will be accepted after one day. 
Make-Up Policy:
If you are absent it is your responsibility to view the iTunes U class website or speak with a classmate and come to class prepared.
Homework- If a student has an excused absence, he or she is responsible for seeing me concerning work missed and completing it by the following day.
Quiz or Test- If a student misses an in-class quiz, test, or presentation because of an excused absence, it is the responsibility of the student to arrange with the teacher a time to make up the test or presentation within two days of the student’s return to school (typically through the use of the testing center). If a student fails to make up a test or quiz within two days, the grade will convert to a zero. In the case of extended absences, exceptions can be made.
iTunesU Course Page: Students must consult the iTunesU course page for deadlines, important links, and other information.
Lastly, forget whatever you think you know about economics and prepare to turn this “dismal science” into the class of a lifetime! Let’s have a great year.