Syllabus Checklist Snapshot
ENGINEERING ECONOMICS: ENGR 2308 INSTRUCTOR CONTACT INFORMATION Instructor: Amit Biswas Email: abiswas@lit.edu / biswasamit767@gmail.com Office Phone: Office Location: 855 E Lavaca St, Beaumont, TX 77701 Office Hours: By appointment CREDIT 3:3:0 Semester Credit Hours (3 Hours lecture) MODE OF INSTRUCTION Online PREREQUISITE/CO-REQUISITE: None COURSE DESCRIPTION Principles of Economics covers the scope and sequence of most introductory economics courses. It takes a balanced approach to the theory and application of economics concepts. The text uses conversational language and ample illustrations to explore economic theories, and provides a wide array of examples using both fictional and real-world scenarios. This course carefully and thoroughly updated to reflect current data and understanding, as well as to provide a deeper background in diverse contributors and their impacts on economic thought and analysis. The course highlights the research and views of a broader group of economists. Brief references and deeply explored socio-political examples have been updated to showcase the critical – and sometimes unnoticed – ties between economic developments and topics relevant to students. COURSE OBJECTIVES Upon completion of this course, the student will be able to • Describe the engineering Economic Decision • Develop an awareness and understanding of Time value of Money and • Money Management, Market Interest Rates • Equivalence Calculations under inflations • Describe present worth Analysis • Differentiate Rate of Return Analysis and Multiple Rate of Returns. • Identify the Benefit of Cost Analysis • Calculate Depreciation and Income Tax. • Mathematical Problem
REQUIRED TEXTBOOK AND MATERIALS 1. Scientific calculator 2. Laptop 3. Textbook: Principal of Economics OpenStax ISBN-978-1-71147-146-4 (B&W) 978-1-71147-145-7 (Color) https://openstax.org/details/books/principles-economics-3e ATTENDANCE POLICY The campus policy mandates that students attend 80% of their scheduled instructional days. Class attendance is critical for understanding the topics. This will be tracked in Starfish via student access in Blackboard and participation during specified meeting times. Excessive unexplained absences will result in a ten-point penalty from the final semester grade (at the discretion of the instructor). DROP POLICY If you wish to drop a course, you are responsible for initiating and completing the drop process by the specified drop date as listed on the Academic Calendar. If you stop coming to class and fail to drop the course, you will earn an “F” in the course. COURSE EVALUATION Final grades will be calculated according to the following criteria: Classwork 20% Assignments 20% Quiz: 20% Exam: 40% GRADE SCALE • 90-100 A • 80-89 B • 70-79 C • 60-69 D • 0-59 F LIT does not use +/- grading scales. STUDENT EXPECTED REQUIREMENT For every hour in class (or unit of credit) students should expect to spend at least two to three hours per week studying and completing assignments. For 3 credit hour class students should prepare to allocate approximately six to nine hours per week outside of class in a 16 week session or approximately twelve to eighteen hours in an 8-week session. Online/Hybrid students should expect to spend at least as much time in this course as in the traditional, face-to-face class.
ACADEMIC DISHONESTY Students found to be committing academic dishonesty (cheating, plagiarism, or collusion) may receive disciplinary action. Students need to familiarize themselves with the institution’s Academic Dishonesty Policy available in the Student Catalog & Handbook at http://catalog.lit.edu/index.php TECHNICAL REQUIREMENTS The latest technical requirements, including hardware, compatible browsers, operating systems, etc. can be online at https://lit.edu/online-learning/online-learning-minimum-computer-requirements. A functional broadband internet connection, such as DSL, cable, or Wi-Fi is necessary to maximize the use of online technology and resources. DISABILITIES STATEMENT The Americans with Disabilities Act of 1990 and Section 504 of the Rehabilitation Act of 1973 are federal anti- discrimination statutes that provide comprehensive civil rights for persons with disabilities. LIT provides reasonable accommodations as defined in the Rehabilitation Act of 1973, Section 504, and the Americans with Disabilities Act of 1990, to students with a diagnosed disability. The Special Populations Office is located in the Eagles’ Nest Room 129 and helps foster a supportive and inclusive educational environment by maintaining partnerships with faculty and staff, as well as promoting awareness among all members of the Lamar Institute of Technology community. If you believe you have a disability requiring an accommodation, please contact the Special Populations Coordinator at (409)-951-5708 or email specialpopulations@lit.edu. You may also visit the online resource at Special Populations - Lamar Institute of Technology STUDENT CODE OF CONDUCT STATEMENT It is the responsibility of all registered Lamar Institute of Technology students to access, read, understand and abide by all published policies, regulations, and procedures listed in the LIT Catalog and Student Handbook. The LIT Catalog and Student Handbook may be accessed at www.lit.edu. Please note that the online version of the LIT Catalog and Student Handbook supersedes all other versions of the same document. STARFISH LIT utilizes an early alert system called Starfish. Throughout the semester, you may receive emails from Starfish regarding your course grades, attendance, or academic performance. Faculty members record student attendance, raise alerts and detailed information. It is the responsibility of the student to pay attention to these emails and information in Starfish and consider taking the recommended actions. Starfish is used to help you be a successful student at LIT. COURSE ASSESSMENT Quiz: A quiz will be given every other week. The duration of the quizzes will be 15 to 20 minutes. We will continue the class sessions after the quizzes. It is to make sure that the
students are students are studying the class materials on a regular basis. Optional Homework: Students will regularly receive optional homework assignments. These assignments will not be graded. The purpose of the homework is to support the students' learning process. Extra Credits: Extra credit opportunities will be announced during class lectures. The extra credits will be reflected on students overall grade points at the end of the semester. Exams: Instructions and dates will be announced at least one week in advance. The calendar in the syllabus shows tentative dates. ADDITIONAL COURSE POLICIES/INFORMATION 1. Any assignment that Blackboard considers late will be manually graded with a deduction of 20 points. 2. The Final Exam cannot be late for ANY reason. The semester ends when the Final Exam is due. 3. Changes will be made to the calendar's topics and assignments because of any unanticipated circumstances. SYLLABUS SCHEDULE The schedule below is the tentative semester schedule which is subject to revision. Week Topic Reference Week 1 Chapter 1 Introduction Chapter 1 Problems and Questions Week 2 Chapter 2: Choice in a World of Scarcity Chapter 2 Problems and Questions Week 3 Chapter 3: Demand and Supply Chapter 4: Labor and Financial Markets Chapter 3, 4 Problems and Questions Week 4 Chapter 5: Elasticity Chapter 5 Problems and Questions Week 5 Chapter 6: Consumer Choices Chapter 6, Problems and Questions Week 6 Chapter 7: Production, Costs, and Industry Chapter 7: Problems and Questions Week 7 Chapter 8: Perfect Competition Chapter 8: Problems and Questions Week 8 Chapter 9: Monopoly Chapter 10: Monopolistic Competition Chapter 9, 10 Problems and Questions Week 9 Chapter 14: Labor Markets and Income Chapter 14 Problems and Questions Week 10 Chapter 15: Poverty and Economic Inequality Chapter 15 Problems and
Week Topic Reference Questions Wek 11 Chapter 16: Risk and Insurance Chapter 17: Financial Markets Chapter 16, 17 Problems and Questions Week 12 Chapter 18: Public Economy Chapter 20: Economic Growth Chapter 18, 20 Problems and Questions Week 13 Chapter 21: Unemployment Chapter 22: Inflation Chapter 21,22 Problems and Questions Week 14 Chapter 27: Money and Banking Chapter 27 Problems and Questions Week 15 Chapter 33: International Trade Chapter 33 Problems and Questions Week 16 Exam Notes: • This schedule is tentative and subject to change