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Maryland in Europe

Term 1: 19 August to 01 October 2000

Economics for Administrative Management (ECON 505)

Professor: De Forest W. Colegrove, Ph.D., MBA

Syllabus

 

Description / Objectives: This course will introduce the student to the principles underlying the behavior of individual consumers and business firms, problems of international trade and finance, the distribution of income, and policies for eliminating poverty. Note: Problems will often be solved using graphs. Students are advised to bring a supply of graph paper to class.

Responsibilities:

1. Students are expected to read the assignments prior to coming to class and be prepared to ask questions about the work. Spot quizzes can be given regarding reading assignments at the beginning of any class period. The instructor will cover most of the text work and often add material from current periodical literature. The student is responsible for all assigned material.

2. A research paper of 10 - 12 pages will be written by the student and a presentation / discussion of 15 - 20 minutes given during the 4th weekend on the same topic. It is recommended that a complete draft of the paper be submitted to the instructor on / before 16 SEP for advice and comment.

 

Grading:

Each student will develop a final grade by the extent of his / her contributions in the following areas:

 

Midterm Examination

20%

Final Examination

20%

Research Paper

25%

Presentation of Paper

25%

Quizzes / Participation

10%

 

  

Course Schedule:

   

Week

Date

Chapter

1

19 AUG

1 - Nature / Method of Economics

 

3 - Understanding Individual Markets

20 AUG

7 - Measuring Domestic Output

 

12 - Fiscal Policy

 

   

2

02 SEP

MIDTERM EXAMINATION (Chapters 1,3,7, & 12)

 

15 - Monetary Policy

03 SEP

18 - Economic Growth

 

20 - Demand and Supply: Elasticities

 

   

3

16 SEP

23 - Pure Competition

 

24 - Pure Monopoly

17 SEP

32 - Antitrust Policy and Regulation

 

37 - International Trade

 

   

4

30 SEP

Student Presentations

 

Student Presentations

01 OCT

Student Presentations

 

FINAL EXAM. (Chaps.15,18,20,23,24,32,& 37)

   

De Forest W. Colegrove

 

Dr. Colegrove earned an A.A.S. in industrial chemistry from the Rochester Institute of Technology, a B.S. in mathematics and computer science from the Roger Williams University, an M.B.A. in international trade and finance, and the Ph.D. in Humanities, both from the Salve Regina University. His doctoral dissertation is entitled "The Level of Economic Literacy of Russian High School Students." Dr. Colegrove has co-authored a book entitled, "Market Economics: A Practical Primer for Socialists," which has been translated into Cyrillic and is currently being used in the school system in Kazan, Tatarstan. He retired from the U.S. Navy as a Master Chief Sonar Technician (E-9), taught at Rhode Island College, Kazan State University, Johnson and Wales University, and joined Maryland in Europe in 1996.

He is currently based in Heidelberg and can be reached at:

Cell phone: 0171 195 3690

E-mail: dcolegro @ faculty. ed. umuc. edu

 

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