You will find the Course Welcome pages for my three online or hybrid sections for the winter semester 2011 (20112). They are in order:
ECO 2023 Principles of Microeconomics -- Weston Fasttrack, Session 4, course reference 402684
ECO 2013 Principles of Macroeconomics -- Fully Online, Session 1, course reference 402307
ECO 2013 Principles of Macroeconomics -- Weston Fasttrack, Session 2, course reference 402681
If you have further questions, please contact me at glindebl@broward.edu
I look forward to meeting you in the New Year.
Greg Lindeblom
Monday, November 1, 2010
ECO 2023 Principles of Microeconomics -- Weston Fasttrack Section 402684
ECO 2023 PRINCIPLES OF MICROECONOMICS
WINTER 2011 (20112) , Session 4
Reference Number 402684
WESTON FAST-TRACK COURSE
The first class on Wednesday, March 16 includes an orientation to the course web site.
Your Professor
My name is Greg Lindeblom. I have been a professor at Broward College since January 2003. I have a Honours B.A. from Carleton University in Ottawa, Ontario (Canada) and a M.A. in Economics from New School University in New York City. My academic specialties are: Macroeconomics, International Economics and Finance, Money and Banking, Economic Development, and the History of Economic Thought.
Prior to coming to BC, I worked in banking and finance for 23 years. Throughout my career, I have had some fascinating jobs in banking. I was on the trade floor in New York for 12 years -- six years in the foreign exchange markets and six years in charge of the techology on the trade floor. Later in my career, I was responsible for web development for all my bank's trading and brokerage departments. That was at the very inception of web application development -- so I'm either a pioneer or a dinosaur depending on your perspective.
During my years in banking, I lived in Toronto; Portland, Oregon; San Francisco; and New York City, prior to moving to Florida in 2001. Believe it or not, I moved into my house on 9/11/01! Since moving to Florida, I have done bank consulting work, in addition to my teaching. Some of my consulting assignments have been in Canada and Mexico.
During my tenure at BC, I have taught:
- Principles of Macroeconomics
- Principles of Microeconomics
- Money & Banking
- Introduction to Business
- Principles of Supervision
- Personal Finance
Course Description
BC's course outline describes the course as: "An introductory course stressing microeconomic theories. Topics studied include theory and application of supply and demand elasticity; theory of consumer demand, utility; production and cost theory including diminishing returns; the firm's profit-maximizing behaviors under market models ranging from pure competition to pure monopoly; the theory of income distribution; and other international economic issues."
This is an introduction to Microeconomics. Principles of Microeconomics is a challenging course that blends theoretical work with practical applications from the world around us. By obtaining a good grounding in economics, students can better able understand the political, social, and financial issues that confront us and our society every day. The focus in this course is on the actions of the individual economic actors -- households and businesses. We investigate how and why economic actors behave the way they do. By the end of this course, you should be able to see through the political rhetoric and journalistic simplifications to make your own decisions about economic actions that affect us all. On a personal level, understanding the economic issues of our day provides students with important tools to make financial decisions that affect their own lives.
A full description of course outcomes is on hard-copy reserve in the periodicals section of the library and may also be downloaded from BC's web site.
Methods of Instruction
This course was specifically designed as a Fast-track class. This is a 3 credit hour course. Normally, a three credit hour course would meet two or three times a week each semester (during a 16 week term) for a total of 3 hours per week or 48 hours per term. In a Fast-track class, the same material is covered during an eight-week session. Typically, we would meet twice a week for three hours each meeting. However, this course is taught in a blended format, where 50% of our class work is done in a traditional face-to-face format and 50% is done through online discussions, readings, quizzes, and assignments. Each week we will meet in class on Monday evenings from 6:30 - 9:15 p.m. at the Weston Center. The remainder of the time you will engage in structured online activities.
There will be three tests which you will take in-class. The remainder of our in-class time will be spent covering the most challenging parts of the material in the course. The rest of the course material is your responsibility.
During the periods where you will be engaging in online learning, there will be four discussion topics that will require you to read the relevant chapter(s) of the text, watch some videos, and apply the principles to the topic at hand. A significant portion of your grade will be based on the quality of your participation in these online discussions. Further, there is assigned homework and extra practice quizzes that will help you evaluate your progress in the course.
Any student who earns a grade of C in this course will earn writing credit as well. Therefore, you will have to verify that your wiriting skills are at a college level during the course. You will accomplish that through the online discussions during the semester.
Learning Outcomes
BC's course outline for ECO2023 indicates the following general course outcomes:
"Course Overview -- Upon successful completion of this course, the students should be able to describe the behavior and interrelationships of individual decision-making units (firms and households) in the U.S. economy, and discuss theories and problems of international economics.
Unit 1: The students should be able to calculate elasticity and apply the concept in various supply and demand situations.
Unit 2: The students should be able to describe the analytical basis of consumer behavior in using goods and services.
Unit 3: The students should be able to determine the theoretical optimum behavior of the firm as it seeks to maximize total profit in various market models ranging across the competitive spectrum, from pure competition to pure monopoly.
Unit 4: The students should be able to describe the basic production theory, the marginal productivity theory of income distribution, and the relationship of the latter to theories of rent, wages, interest, and profit.
Unit 5: The students should be able to describe the theories and problems of international trade.... "
Practically speaking, the course can be logically divided into the following sections:
- Introduction to Economics
- Consumer Behavior -- Utility Theory, Indifference Analysis, and Elasticities
- Behavior of Firms -- Costs of Production and the Supply Curve, and Profit Maximization
- Product Markets -- Pure Competition, Pure Monopoly, Monopolistic Competition & Oligopoly;
- Government's role in Anti-trust
- Income Distribution -- The Resource Markets, especially the Labor Market
- The definition of economics and the economics perspective
- The production possibilities model
- The circular flow model
- The laws of demand and supply
- Demand and supply elasticities
- Marginal utility theory and its relationship to consumer choice
- Indifference curve analysis and its relationship to consumer choice
- Costs of production and the supply curve
- Principles of Profit Maximization
- Optimal behavior of firms in: Perfect Competition, Pure Monopoly, Monopolistic Competition, and Oligopoly
- The role of the government to encourage competition (anti-trust)
- Payments for resources based on marginal productivity
- The labor market
Course Requirements
There are no special requirements or admission criteria for this course.
It is adviseable that students have regular access to a computer and be comfortable working online. Students should be able to open/save files, surf the internet, send and receive email, and post to discussion topics.
All email in this course must be sent within Blackboard.
The complete syllabus for the course will be available on the first day of class.
Course Technology Requirements
If you are taking an online course for the first time, you must review BC's Online Student Support Site, which is located at http://www.broward.edu/flexible/student.jsp Click on the "Are You Ready" link to take an online readiness evaluation.
The only unique software you require for this course is a PowerPoint viewer, which can be uploaded at no cost. Refer to the Blackboard Plug-ins document to get find the link for the viewer.
Some discussions require you to watch and make a report on videos. Your PC must have speakers or headphones that allow you to hear the videos.
Course Materials
The required text for the course is Miller, Roger Leroy, ECONOMICS TODAY, 14th edition, Boston: Pearson Addison-Wesley, 2008
If you plan to take both ECO 2013 and ECO 2023, purchase the hard cover text (ISBN: 0-536-23165-6) or a loose-leaf "a la carte edition" (ISBN: 0-536-23985-1). As an alternative, you can also purchase an eBook that is good for both ECO 2013 and ECO 2023 (ISBN: 0-536-24001-9). You must take ECO 2013 and ECO 2023 in successive semesters if you purchase the eBook. Please note, the bookstore will buy back the hard cover text, but WILL NOT buy back the a la carte or eBook versions.
If you are just taking ECO 2023 at Broward College, you can purchase ECONOMICS TODAY -- THE MICRO VIEW, 14th edition in an "a la carte" edition.
We will not use this version of the textbook after the summer semester 2011. So please buy a used copy of your textbook.
Whichever version you purchase, be sure to get the Student Access Kit. This gives you access to MyEconLab, which has excellent tools that will be necessary for you to have for the course.
Within Blackboard, you will have access to online tutorials, practice quizzes and additional information from the textbook publisher. In addition, you will have access to the professor's lecture notes. The lecture notes are in PowerPoint, and you can print them in handout format (3 or 4 slides to a page), so you can print them out prior to class and make your own notes right on the slides themselves.
So between the resources I have provided on Blackboard and those that Pearson Addison-Wesley has provided, I am confident you will have the tools you need to succeed in this course. Of course, resources are only valuable when they are utilized. One of the key premises of economics is that resources must be allocated (used) efficiently to maximize satisfaction (your grade).
How to Register for this Course
To enroll for the course, please refer to BC's Student Online System. Students must be paid before they will be able to log into the course. If you register late, it may take 36 hours for you to gain access to the course after paying.
Contact Information
My office hours this semester (Fall 2008) are posted on the door to my office, which is located on South Campus, Building 71, Room 218. If you wish to meet with me prior to enrolling in the course, feel free to visit me during those hours or send me an email (glindebl@broward.edu) to make an appointment.
How to Access the Course once you are Enrolled in this Course
Once you are enrolled and have paid, access to the course will begin with an on-campus orientation scheduled during the first class session of the semster. During the orientation, we will review login and access procedures, requirements for the course, and begin our study of economic principles.
In the meantime, refer to the BC Flexible Learning page for email lookup and login instructions. All students must obtain and use a BC email address for this course, so please obtain a user ID and PIN code before attempting to login to Blackboard. You can access this course during our first class on Wednesday, March 16. Once you've logged on in class, you can access the course any time thereafter.
Students in web-enhanced classes who encounter login difficulties should contact the Helpdesk.
ECO 2013 Principles of Macroeconomics -- Weston Fasttrack Section 402681
ECO 2013 PRINCIPLES OF MACROECONOMICS
WINTER 2011 (20112) , Session 2
Reference Number 402681
WESTON FAST-TRACK COURSE
The first class on Wednesday, January 12 includes an orientation to the course web site.
Your Professor
My name is Greg Lindeblom. I have been a professor at Broward College since January 2003. I have a Honours B.A. from Carleton University in Ottawa, Ontario (Canada) and a M.A. in Economics from New School University in New York City. My academic specialties are: Macroeconomics, International Economics and Finance, Money and Banking, Economic Development, and the History of Economic Thought.
Prior to coming to BC, I worked in banking and finance for 23 years. Throughout my career, I have had some fascinating jobs in banking. I was on the trade floor in New York for 12 years -- six years in the foreign exchange markets and six years in charge of the techology on the trade floor. Later in my career, I was responsible for web development for all my bank's trading and brokerage departments. That was at the very inception of web application development -- so I'm either a pioneer or a dinosaur depending on your perspective.
During my years in banking, I lived in Toronto; Portland, Oregon; San Francisco; and New York City, prior to moving to Florida in 2001. Believe it or not, I moved into my house on 9/11/01! Since moving to Florida, I have done bank consulting work, in addition to my teaching. Some of my consulting assignments have been in Canada and Mexico.
During my tenure at BC, I have taught:
- Principles of Macroeconomics
- Principles of Microeconomics
- Money & Banking
- Introduction to Business
- Principles of Supervision
- Personal Finance
Course Description
BC's course outline describes the course as: "An introductory course in macroeconomic principles covering basic economic problems and concepts. Topics discussed and analyzed include the role of government in various economic systems, aggregate measures of economic performance, aspects of economic instability, macro equilibrium, fiscal and monetary policies, and the imparct of both the public debt and international trade."
Over and over, I've had students tell me this is a course in which they learned a great deal. Introduction to Economics I is a challenging course that blends theoretical work with practical applications from the world around us. By obtaining a good grounding in economics, students can better understand the political, social, and financial issues that confront us and our society every day. An economic issue is on the front page of the newspaper most days of the week and it would be hard to find a televised newscast that doesn't include a key story on the economy. By the end of this course, you should be able to see through the political rhetoric and journalistic simplifications to make your own decisions about economic issues and the direction of our economy. On a personal level, understanding the economic issues of our day provides students with important tools to make financial decisions that affect their own lives.
A full description of course outcomes is on hard-copy reserve in the periodicals section of the library and may also be downloaded from BC's web site.
Methods of Instruction
This course was specifically designed as a Fast-track class. This is a 3 credit hour course. Normally, a three credit hour course would meet two or three times a week each semester(during a 16 week term) for a total of 3 hours per week or 48 hours per term. In a Fast-track class, the same material is covered during an eight-week session. Typically, we would meet twice a week for three hours each meeting. However, this course is taught in a blended format, where 50% of our class work is done in a traditional face-to-face format and 50% is done through online discussions, readings, quizzes, and assignments. Each week we will meet in class on Wednesday evenings from 6:30 - 9:15 p.m. at the Weston Center. The remainder of the time you will engage in structured online activities.
There will be three tests in the course, all taken in-class. The remainder of our in-class time will be spent covering the most challenging parts of the material in the course. The rest of the course material is your responsibility.
During the periods where you will be engaging in online learning, there will be four discussion topics that will require you to read the relevant chapter(s) of the text, watch some videos, and apply the principles to the topic at hand. A significant portion of your grade will be based on the quality of your participation in these online discussions. Further, there is assigned homework and extra practice quizzes that will help you evaluate your progress in the course. You'll even do an online group project!!
Any student who earns a grade of C in this course will earn writing credit as well. Therefore, you will have to verify that your wiriting skills are at a college level during the course. You will accomplish that through the online discussions during the semester.
Learning Outcomes
This is an introduction to Macroeconomics.
BC's course outline for ECO2013 indicates the following general course outcomes:
"Course Overview -- Upon successful completion of this course, the students should be able to describe macroeconomic principles and concepts, the impact of fiscal and monetary policies, and macro-equilibrium; calculate measures of aggregate economic performance; a discuss elements of international trade.
Unit 1: The students should be able to explain the fundamentals of economic analysis, as well as the role and functions of government in the modern mixed economy.
Unit 2: The students should be able to list the various types of fluctuations (seasonal, cyclical, trend) and their impact on variou groups in society; describe and analyze how equilibrium levels of national income and output are determined, as well as their expected impact on the price-level.
Unit 3: The students should be able to evaluate methods of demand management, their shortcomings, and their impact on the deficit.
Unit 4: The students should be able to define the importance of the U.S. monetary and banking system.
Unit 5: The students should be able to evaluate alternative macroeconomic theories and policies."
Practically speaking, the course can be logically divided into the following sections:
- Introduction to Economics
- Fundamentals of Economics
- Fundamentals of Macroeconomics
- Macroeconomic Models
- Fiscal Policy
- Monetary Macroeconomics
- The definition of economics and the economics perspective
- The production possibilities model
- The circular flow model
- The laws of demand and supply
- A brief economic history to illustrate some current debates in economics
- Market and market systems
- The role of government in the economy
- Key measures of national income accounting, such as GDP, CPI, unemployment, etc.
- The significance of unemployment and inflation
- The Aggregate Expenditure Model
- Aggregate Demand-Aggregate Supply Model
- Fiscal policy and its resulting deficits or surpluses
- Money and banking
- Monetary policy
Course Requirements
There are no special requirements or admission criteria for this course.
The student must have regular access to a computer and be comfortable working online.
We meet each week for three hours. Attendance is expected for all meetings. However, I recognize that job and family matters can make that difficult.
All email in this course must be sent within Blackboard. the hardware or software requirements of this course are the BC standard for distance learning. Students must be able to open/save files, surf the internet, send and receive email, and post to discussion topics.
Students who are using Blackboard for the first time should visit BC's Flexible Learning Page . While there: Click on the "Is Online for You" link to take an online learning readiness evaluation.
Click on the "Computer Checkup" link to review BC's hardware and software requirements for taking an online course and for important information for AOL users.
Course Technology Requirements
If you are taking an online course for the first time, you must review BC's Online Student Support Site, which is located at http://www.broward.edu/flexible/student.jsp Click on the "Are You Ready" link to take an online readiness evaluation.
The only unique software you require for this course is a PowerPoint viewer, which can be uploaded at no cost. Refer to the Blackboard Plug-ins document to get find the link for the viewer.
Some discussions require you to watch and make a report on videos. Your PC must have speakers or headphones that allow you to hear the videos.
Course Materials
The required text for the course is Miller, Roger Leroy, ECONOMICS TODAY, 14th edition, Boston: Pearson Addison-Wesley, 2008
If you plan to take both ECO 2013 and ECO 2023, purchase the hard cover text (ISBN: 0-536-23165-6) or a loose-leaf "a la carte edition" (ISBN: 0-536-23985-1). As an alternative, you can also purchase an eBook that is good for both ECO 2013 and ECO 2023 (ISBN: 0-536-24001-9). You must take ECO 2013 and ECO 2023 in successive semesters if you purchase the eBook. Please note, the bookstore will buy back the hard cover text, but WILL NOT buy back the a la carte or eBook versions.
If you are just taking ECO 2013 at Broward College, you can purchase ECONOMICS TODAY -- THE MACRO VIEW, 14th edition in an "a la carte" edition (ISBN: 0-536-23978-9).
We will no longer be using this edition of the textbook after the summer semester. So please buy a used copy of the text.
Whichever version you purchase, be sure to get the Student Access Kit. This gives you access to MyEconLab, which has excellent tools that will be necessary for you to have for the course. Your assigned homework comes from MyEconLab as do videos and news articles we use for discussions. In addition, there are many extra study questions to help you prepare for your tests.
Within Blackboard, you will have access to online tutorials, practice quizzes and additional information from the textbook publisher. In addition, you will have access to the professor's lecture notes. The lecture notes are in PowerPoint, and you can print them in handout format (3 or 4 slides to a page), so you can print them out prior to class and make your own notes right on the slides themselves.
So between the resources I have provided on Blackboard and those that Pearson Addison-Wesley has provided, I am confident you will have the tools you need to succeed in this course. Of course, resources are only valuable when they are utilized. One of the key premises of economics is that resources must be allocated (used) efficiently to maximize satisfaction (your grade).
How to Register for this Course
To enroll for the course, please refer to BC's Student Online System. Students must be paid before they will be able to log into the course. If you register late, it may take 36 hours for you to gain access to the course after paying.
Information Contact
Students can reach me at glindebl@broward.edu to obtain more information about this course. If you wish to meet with me prior to enrolling in the course, please send an email to make an appointment with me.
How to Access the Course once you are Enrolled in this Course
Once you are enrolled and have paid, access to the course will begin on the first class on Wednesday, January 12. During the orientation, we will review login and access procedures, requirements for the course, and begin our study of economic principles.
In the meantime, refer to the BC Flexible Learning page for email lookup and login instructions.
All students must obtain and use a BC email address for this course, so please obtain a user ID and PIN code before attempting to login to Blackboard.
You can access this class during our orientation in our first class session, not before. Once you've logged on in class, you can access the course any time thereafter.
ECO 2013 Principles of Macroeconomics -- Fully Online Section 402307
ECO 2013 PRINCIPLES OF MACROECONOMICS
WINTER 2011 (20112)
Reference Number 402307
FULLY ONLINE COURSE
There is no in-class orientation, but you must complete the online orientation by Thursday, January 13, 2011
Your Professor
My name is Greg Lindeblom. I have been a professor at Broward College since January 2003. I have a Honours B.A. from Carleton University in Ottawa, Ontario (Canada) and a M.A. in Economics from New School University in New York City. My academic specialties are: Macroeconomics, International Economics and Finance, Money and Banking, Economic Development, and the History of Economic Thought.
Prior to coming to BC, I worked in banking and finance for 23 years. Throughout my career, I have had some fascinating jobs in banking. I was on the trade floor in New York for 12 years -- six years in the foreign exchange markets and six years in charge of the techology on the trade floor. Later in my career, I was responsible for web development for all my bank's trading and brokerage departments. That was at the very inception of web application development -- so I'm either a pioneer or a dinosaur depending on your perspective.
During my years in banking, I lived in Toronto; Portland, Oregon; San Francisco; and New York City, prior to moving to Florida in 2001. Believe it or not, I moved into my house on 9/11/01! Since moving to Florida, I have done bank consulting work, in addition to my teaching. Some of my consulting assignments have been in Canada and Mexico.
During my tenure at BC, I have taught:
- Principles of Macroeconomics
- Principles of Microeconomics
- Money & Banking
- Introduction to Business
- Principles of Supervision
- Personal Finance
Course Description
BC's course outline describes the course as: "An introductory course in macroeconomic principles covering basic economic problems and concepts. Topics discussed and analyzed include the role of government in various economic systems, aggregate measures of economic performance, aspects of economic instability, macro equilibrium, fiscal and monetary policies, and the imparct of both the public debt and international trade."
Over and over, I've had students tell me this is a course in which they learned a great deal. Introduction to Economics I is a challenging course that blends theoretical work with practical applications from the world around us. By obtaining a good grounding in economics, students can better understand the political, social, and financial issues that confront us and our society every day. An economic issue is on the front page of the newspaper most days of the week and it would be hard to find a televised newscast that doesn't include a key story on the economy. By the end of this course, you should be able to see through the political rhetoric and journalistic simplifications to make your own decisions about economic issues and the direction of our economy. On a personal level, understanding the economic issues of our day provides students with important tools to make financial decisions that affect their own lives.
A full description of course outcomes is on hard-copy reserve in the periodicals section of the library and may also be downloaded from BC's web site.
Methods of Instruction
This course is fully online. As such, all activity in the course will be conducted through the Blackboard interface. There are no class meetings. Even the orientation is conducted online. That means that you must be disciplined to complete all assigned work by the due date, as there are no extensions on time during the semester.
There will be four tests in the course, all taken online. In addition, you will have four online discussions, homework on most chapters we cover in the text, extra practice quizzes that will help you monitor your progress and prepare you for your tests. You'll even do an online group project!
Any student who earns a grade of C in this course will earn writing credit as well. Therefore, you will have to verify that your wiriting skills are at a college level during the course. You will accomplish that through the online discussions during the semester.
Learning Outcomes
This is an introduction to Macroeconomics.
BC's course outline for ECO2013 indicates the following general course outcomes:
"Course Overview -- Upon successful completion of this course, the students should be able to describe macroeconomic principles and concepts, the impact of fiscal and monetary policies, and macro-equilibrium; calculate measures of aggregate economic performance; a discuss elements of international trade.
Unit 1: The students should be able to explain the fundamentals of economic analysis, as well as the role and functions of government in the modern mixed economy.
Unit 2: The students should be able to list the various types of fluctuations (seasonal, cyclical, trend) and their impact on variou groups in society; describe and analyze how equilibrium levels of national income and output are determined, as well as their expected impact on the price-level.
Unit 3: The students should be able to evaluate methods of demand management, their shortcomings, and their impact on the deficit.
Unit 4: The students should be able to define the importance of the U.S. monetary and banking system.
Unit 5: The students should be able to evaluate alternative macroeconomic theories and policies."
Practically speaking, the course can be logically divided into the following sections:
- Introduction to Economics
- Fundamentals of Economics
- Fundamentals of Macroeconomics
- Macroeconomic Models
- Fiscal Policy
- Monetary Macroeconomics
- The definition of economics and the economics perspective
- The production possibilities model
- The circular flow model
- The laws of demand and supply
- A brief economic history to illustrate some current debates in economics
- Market and market systems
- The role of government in the economy
- Key measures of national income accounting, such as GDP, CPI, unemployment, etc.
- The significance of unemployment and inflation
- The Aggregate Expenditure Model
- Aggregate Demand-Aggregate Supply Model
- Fiscal policy and its resulting deficits or surpluses
- Money and banking
- Monetary policy
Course Requirements
There are no special requirements or admission criteria for this course.
The student must have regular access to a computer and be comfortable working online. All email in this course must be sent within Blackboard. The hardware or software requirements of this course are the BC standard for distance learning.
Students must be able to open/save files, surf the internet, send and receive email, and post to discussion topics.
Students who are using Blackboard for the first time should visit BC's Flexible Learning Page . While there: Click on the "Is Online for You" link to take an online learning readiness evaluation.
Click on the "Computer Checkup" link to review BC's hardware and software requirements for taking an online course and for important information for AOL users.
Course Technology Requirements
If you are taking an online course for the first time, you must review BC's Online Student Support Site, which is located at http://www.broward.edu/flexible/student.jsp Click on the "Are You Ready" link to take an online readiness evaluation.
The only unique software you require for this course is a PowerPoint viewer, which can be uploaded at no cost. Refer to the Blackboard Plug-ins document to get find the link for the viewer.
Some discussions require you to watch and make a report on videos. Your PC must have speakers or headphones that allow you to hear the videos.
Course Materials
The required text for the course is Miller, Roger Leroy, ECONOMICS TODAY, 14th edition, Boston: Pearson Addison-Wesley, 2008
If you plan to take both ECO 2013 and ECO 2023, purchase the hard cover text (ISBN: 0-536-23165-6) or a loose-leaf "a la carte edition" (ISBN: 0-536-23985-1). As an alternative, you can also purchase an eBook that is good for both ECO 2013 and ECO 2023 (ISBN: 0-536-24001-9). You must take ECO 2013 and ECO 2023 in successive semesters if you purchase the eBook. Please note, the bookstore will buy back the hard cover text, but WILL NOT buy back the a la carte or eBook versions.
If you are just taking ECO 2013 at Broward College, you can purchase ECONOMICS TODAY -- THE MACRO VIEW, 14th edition in an "a la carte" edition (ISBN: 0-536-23978-9).
We will no longer be using this edition of the textbook after the summer semester. So please buy a used copy of the text.
Whichever version you purchase, be sure to get the Student Access Kit. This gives you access to MyEconLab, which has excellent tools that will be necessary for you to have for the course. Your assigned homework comes from MyEconLab as do videos and news articles we use for discussions. In addition, there are many extra study questions to help you prepare for your tests.
Within Blackboard, you will have access to online tutorials, practice quizzes and additional information from the textbook publisher. In addition, you will have access to the professor's lecture notes. The lecture notes are in PowerPoint, and you can print them in handout format (3 or 4 slides to a page), so you can print them out prior to class and make your own notes right on the slides themselves.
So between the resources I have provided on Blackboard and those that Pearson Addison-Wesley has provided, I am confident you will have the tools you need to succeed in this course. Of course, resources are only valuable when they are utilized. One of the key premises of economics is that resources must be allocated (used) efficiently to maximize satisfaction (your grade).
How to Register for this Course
To enroll for the course, please refer to BC's Student Online System. Students must be paid before they will be able to log into the course. If you register late, it may take 36 hours for you to gain access to the course after paying.
Information Contact
Students can reach me at glindebl@broward.edu to obtain more information about this course. If you wish to meet with me prior to enrolling in the course, please send an email to make an appointment with me.
How to Access the Course once you are Enrolled in this Course
Once you are enrolled and have paid, access to the course will begin on the first day of classes, Thursday, January 6. During the orientation, you will review login and access procedures, requirements for the course, and begin our study of economic principles.
In the meantime, refer to the BC Flexible Learning page for email lookup and login instructions.
All students must obtain and use a BC email address for this course, so please obtain a user ID and PIN code before attempting to login to Blackboard.
You can access this class during our orientation in our first class session, not before. Once you've logged on in class, you can access the course any time thereafter.
Tuesday, September 7, 2010
Welcome to Money & Banking, ECO 2220
My name is Greg Lindeblom. I have been a professor at Broward College since January 2003. I have a Honours B.A. from Carleton University in Ottawa, Ontario (Canada) and a M.A. in Economics from New School University in New York City. My academic specialties are: Macroeconomics, International Economics and Finance, Money and Banking, Economic Development, and the History of Economic Thought.
Prior to coming to BC, I worked in banking and finance for 23 years. Throughout my career, I have had some fascinating jobs in banking. I was on the trade floor in New York for 12 years -- six years in the foreign exchange markets and six years in charge of the techology on the trade floor. Later in my career, I was responsible for web development for all my bank's trading and brokerage departments. That was at the very inception of web application development -- so I'm either a pioneer or a dinosaur depending on your perspective.
During my years in banking, I lived in Toronto; Portland, Oregon; San Francisco; and New York City, prior to moving to Florida in 2001. Believe it or not, I moved into my house on 9/11/01! Since moving to Florida, I have done bank consulting work, in addition to my teaching. Some of my consulting assignments have been in Canada and Mexico.
I genuinely enjoy teaching here at BC. I find the students very personable and eager. During my tenure at BC, I have taught
My office is located in building 71, office 218, not far from our classroom (71/234). My office hours are posted on my door. If you wish to meet with me prior to enrolling in the course, please feel free to visit me during my office hours or send me an email at glindebl@broward.edu to make an appointment.
COURSE DESCRIPTION
Money and Banking is a survey course describing the evolution and role of money and banking in our economies and society. Obtaining a detailed understanding of the roles of these two fundamental aspects of our society, students can better understand the political, social, and financial issues that confront us and our society every day. On a personal level, understanding the economic issues of our day provides students with important tools to make financial decisions that affect their own lives.
The sections of the course are:
METHODS OF INSTRUCTION
This is a 3 credit hour course. Normally, a three credit hour course would meet for 48 hours per term. In this section of the course, we meet 37.5 hours in class and the remainder is done through online activities, such as discussions and group work. While I expect that we will cover most required material in class, from time to time, I may indicate that it is your responsibility to cover certain sections of the chapters.
Classes will begin and end on time – please be prompt. Turn off all devices, such as cell phones or pagers, or put them on "vibrate". Cell phone ringtones can be distracting to others in the room. I will reduce the class participation portion of a grade if a student causes excessive distractions in class.
In addition to the lectures and the tests, we will watch the entire "The Ascent of Money" series. This television program was produced by PBS and written and narrated by Scottish historian, Niall Ferguson. It covers the evolution of money and finance from the Middle Ages to the 21st century.
BC's course outline for ECO 2013 indicates the following general course outcomes:
LEARNING OUTCOMES
Course Overview -- Upon successful completion of this course, students should be able to describe the evolution, nature and functions of money; the nature of banking and its regulation; monetary standards; structure and functions of the Federal Reserve System; monetary policy, monetary theory and the price level; and the role of banking and money in international finance.
Unit 1: The student shall be able to describe the concept, evolution, and functions of money.
Unit 2: The student shall be able to compare the role of banks with that of other financial intermediaries and describe the major types of deposit instruments.
Unit 3: The student shall be able to classify, describe and explain different types of interest rates; how to measure interest rates, yield to maturity and real vs. nominal interest rates; explain the determinants of demand and the liquidity preference framework.
Unit 4: The student shall be able to describe banks as a business firm and identify key sources of bank earnings, types of bank loans, and fund-management strategies; to identify the nation's bank regulatory structure and the major principles, laws, and regulations that set the boundaries of the business of banking; to describe how the banking system creates money through the process of multiple deposit creation; and to explain the lending process of a commercial bank and the impact on this process of the Federal Reserve's use of bank reserves to implement monetary policy.
Unit 5: The student shall be able to describe the history, functions, and quasi-governmental structure of the Federal Reserve; to describe how the nation's monetary and fiscal policy tools work; and discuss key factors that affect their use in fighting recession or inflation.
Unit 6: The student shall be able to describe the Federal Reserve's strategies for implementing monetary policy objectives; and to describe the structure and precept of two bodies of monetary theory – Keynesian and monetarism.
Unit 7: The student shall be able to describe the components of the balance-of-payments; the workings of the foreign exchange markets; and identify the principle international payment and credit instruments.
Course outcomes from this course are also available from the BC website (BC College course outline).
COURSE REQUIREMENTS
ECO 2013 Principles of Macroeconomics in a prerequisite for this course. We will assume that you have knowledge derived from that class. We have posted lecture notes from the relevant sections of ECO 2013 as a reminder for you.
To maximize your chances for success in this course, make sure that you meet the following course prerequisites:
The required text for the course is Croushore, Dean, M & B, South-Western Cengage Learning, 2010.
In addition to the course text, we will use the PBS series “The Ascent of Money” throughout the course. The videos of this series are found on our course Blackboard site.
Within Blackboard, you will have access to the instructor's lecture notes, lecture notes on money and banking from ECO 2013, and videos that we will use throughout the course. The lecture notes are in PowerPoint, and you can print them in handout format (3 or 4 slides to a page), so you can print them out prior to class and make your own notes right on the slides themselves.
How to Register for and Access this Course
To enroll for the course, please refer to BC's Student Online System. Students must be paid before they will be able to log into the course. If you register late, it may take 36 hours for you to gain access to the course after paying.
Once you are enrolled and have paid, access to the course will begin on the first class on Monday, September 13. During that class, we will have an orientation, during which we will review login and access procedures, requirements for the course, and the functionality available in our Blackboard course.
In the meantime, refer to the BC Flexible Learning page for email lookup and login instructions.
Prior to coming to BC, I worked in banking and finance for 23 years. Throughout my career, I have had some fascinating jobs in banking. I was on the trade floor in New York for 12 years -- six years in the foreign exchange markets and six years in charge of the techology on the trade floor. Later in my career, I was responsible for web development for all my bank's trading and brokerage departments. That was at the very inception of web application development -- so I'm either a pioneer or a dinosaur depending on your perspective.
During my years in banking, I lived in Toronto; Portland, Oregon; San Francisco; and New York City, prior to moving to Florida in 2001. Believe it or not, I moved into my house on 9/11/01! Since moving to Florida, I have done bank consulting work, in addition to my teaching. Some of my consulting assignments have been in Canada and Mexico.
I genuinely enjoy teaching here at BC. I find the students very personable and eager. During my tenure at BC, I have taught
- Principles of Macroeconomics
- Principles of Microeconomics
- Money & Banking
- Introduction to Business
- Principles of Supervision
- Personal Finance
My office is located in building 71, office 218, not far from our classroom (71/234). My office hours are posted on my door. If you wish to meet with me prior to enrolling in the course, please feel free to visit me during my office hours or send me an email at glindebl@broward.edu to make an appointment.
COURSE DESCRIPTION
Money and Banking is a survey course describing the evolution and role of money and banking in our economies and society. Obtaining a detailed understanding of the roles of these two fundamental aspects of our society, students can better understand the political, social, and financial issues that confront us and our society every day. On a personal level, understanding the economic issues of our day provides students with important tools to make financial decisions that affect their own lives.
The sections of the course are:
- Evolution, nature and functions of money;
- The nature of banking and its regulation;
- Monetary standards;
- Structure and functions of the Federal Reserve System;
- Monetary policy, monetary theory and the price level;
- The role of banking and money in international finance.
METHODS OF INSTRUCTION
This is a 3 credit hour course. Normally, a three credit hour course would meet for 48 hours per term. In this section of the course, we meet 37.5 hours in class and the remainder is done through online activities, such as discussions and group work. While I expect that we will cover most required material in class, from time to time, I may indicate that it is your responsibility to cover certain sections of the chapters.
Classes will begin and end on time – please be prompt. Turn off all devices, such as cell phones or pagers, or put them on "vibrate". Cell phone ringtones can be distracting to others in the room. I will reduce the class participation portion of a grade if a student causes excessive distractions in class.
In addition to the lectures and the tests, we will watch the entire "The Ascent of Money" series. This television program was produced by PBS and written and narrated by Scottish historian, Niall Ferguson. It covers the evolution of money and finance from the Middle Ages to the 21st century.
BC's course outline for ECO 2013 indicates the following general course outcomes:
LEARNING OUTCOMES
Course Overview -- Upon successful completion of this course, students should be able to describe the evolution, nature and functions of money; the nature of banking and its regulation; monetary standards; structure and functions of the Federal Reserve System; monetary policy, monetary theory and the price level; and the role of banking and money in international finance.
Unit 1: The student shall be able to describe the concept, evolution, and functions of money.
Unit 2: The student shall be able to compare the role of banks with that of other financial intermediaries and describe the major types of deposit instruments.
Unit 3: The student shall be able to classify, describe and explain different types of interest rates; how to measure interest rates, yield to maturity and real vs. nominal interest rates; explain the determinants of demand and the liquidity preference framework.
Unit 4: The student shall be able to describe banks as a business firm and identify key sources of bank earnings, types of bank loans, and fund-management strategies; to identify the nation's bank regulatory structure and the major principles, laws, and regulations that set the boundaries of the business of banking; to describe how the banking system creates money through the process of multiple deposit creation; and to explain the lending process of a commercial bank and the impact on this process of the Federal Reserve's use of bank reserves to implement monetary policy.
Unit 5: The student shall be able to describe the history, functions, and quasi-governmental structure of the Federal Reserve; to describe how the nation's monetary and fiscal policy tools work; and discuss key factors that affect their use in fighting recession or inflation.
Unit 6: The student shall be able to describe the Federal Reserve's strategies for implementing monetary policy objectives; and to describe the structure and precept of two bodies of monetary theory – Keynesian and monetarism.
Unit 7: The student shall be able to describe the components of the balance-of-payments; the workings of the foreign exchange markets; and identify the principle international payment and credit instruments.
Course outcomes from this course are also available from the BC website (BC College course outline).
COURSE REQUIREMENTS
ECO 2013 Principles of Macroeconomics in a prerequisite for this course. We will assume that you have knowledge derived from that class. We have posted lecture notes from the relevant sections of ECO 2013 as a reminder for you.
To maximize your chances for success in this course, make sure that you meet the following course prerequisites:
- Computer Knowledge and Skills
- File Management - You should be familiar with finding and saving files on your computer.
- The Internet - You should be familiar with connecting to the Internet through an Internet Service Provider or Network Connection.
- Web Browser Software - You should be familiar with using web browser software to navigate the Internet and locate information.
- Email - You should be familiar with sending and receiving email messages.
- Discussions - You should be familiar wtih posting and reading discussion messages in a threaded format.
- Attachments - You should be familiar with sending email messages with attached files.
- Word Processing - You should be familar with creating, editing, saving, and printing documents using Microsoft Word.
- Other Requirements
- You'll need a BC email address to access the online portion of this course.
- Obtain a County Library Card or University/College Library Card. You will need either a County Library Card which you may obtain at either North Campus or South Campus Library or a University/College Library Card from the Central Campus Library. These cards will allow you to use select library databases. (optional)
- Technology Requirements
- The only unique software you require for this course is a PowerPoint viewer, which can be uploaded at no cost from http://www.microsoft.com/
- We use videos extensively in this course. Your PC must have speakers or headphones that allow you to hear the videos.
The required text for the course is Croushore, Dean, M & B, South-Western Cengage Learning, 2010.
In addition to the course text, we will use the PBS series “The Ascent of Money” throughout the course. The videos of this series are found on our course Blackboard site.
Within Blackboard, you will have access to the instructor's lecture notes, lecture notes on money and banking from ECO 2013, and videos that we will use throughout the course. The lecture notes are in PowerPoint, and you can print them in handout format (3 or 4 slides to a page), so you can print them out prior to class and make your own notes right on the slides themselves.
How to Register for and Access this Course
To enroll for the course, please refer to BC's Student Online System. Students must be paid before they will be able to log into the course. If you register late, it may take 36 hours for you to gain access to the course after paying.
Once you are enrolled and have paid, access to the course will begin on the first class on Monday, September 13. During that class, we will have an orientation, during which we will review login and access procedures, requirements for the course, and the functionality available in our Blackboard course.
In the meantime, refer to the BC Flexible Learning page for email lookup and login instructions.
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