Core 001 Intro Econs

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Course Design Document

Introductory Economics (CORE 001)
Term I AY 2010 / 11

Instructor: Practice Associate Professor Tan Swee Liang,
School of Economics
To Teach for Learning

Content
1. Course Description.……………………………………………………………. 3 2. Class Participation
2.2. Guideline for Class Participation …….…………….…………….…. 7 2.1 Self Evaluation on Class Participation ……………………………… 8 3. Group Term Project
3.1 Guideline for Term Project …………….………………………….…. 9 3.2 Peer Evaluation ….……………………………………………………. 11 3.3 Team Grading ………………………………………………………... 12 3.4 Instructor’s Assessment of Project Presentation ….………………... 13 3.5 Instructor’s Assessment of Project Report .........……..……………… 15 4. Mid-Term and Final-Term Examinations

4.1 Guidelines ………………………..………………….…………………… 16 4.2 Study Tips ……………………………………………………………….. 17 4.3 Instructor’s Assessment of Critique of Paper: …...………………….. 18

4.4 Mid-Term Examination: Syllabus and Topics ………………………… 19 4.5 Final-Term Examination: Syllabus and Topics ……………………….. 21 5. Questionnaire
5.1 Expectations for the course and instructor ……………………………. 22

1. Course Description

Instructor:| Practice Associate Professor Tan Swee Liang
School of Economics, Level 4, Room 80|
Tel:| 6828-0710|
Email:| sltan@smu.edu.sg|

Course Overview and Objectives
The course is taught with an emphasis to balance economic theories and applications to real world issues. The section on microeconomics covers the theories of household behavior and firm behavior. The section on macroeconomics covers growth, business cycles and open economies. Real life examples are used to critique the theories and concepts.

While the course prepares the Econ-major students to enroll in higher level Economics subjects in the School, it also equips the non-Econ major students with the competency skills to analyze, synthesize and evaluate real world economic events using a set of economic tools and models.

Reference Text
* Robert Frank and Ben Bernanke, “Principles of Economics”, 3rd edition, McGrawHill, 2007

Supplementary Readings
* Robert Pindyck, Daniel Rubenfeld and Winston Koh, “Microeconomics”, Pearson, 2006 * Rudiger Dornbusch, Stanley Fischer and Richard Startz, “Macroeconomics”, 9th edition, McGraw-Hill, 2004 Pedagogy “I set the pace, you win the race” The instructor’s philosophy of learning is that knowledge is constructed through active learning through activities that involve discussion in classroom, collaborative learning, project presentations and writing. Classes are therefore conducted seminar and not lecture style. The pedagogy enables the instructor to engage students in learning, with emphasis on critical reading, thinking and writing. These are essential skills that the workforce demands of graduates.

Class sessions are 3-hour duration per week. Due to heterogeneity in the students, lessons at the start of each session will be pitched at a comfortable level, to bring all students to a level playing field. Thereafter the pace of classroom learning will gather speed. So do come prepared.

Assessment “What gets measured gets done” Assessment is an important process to measure whether students are learning what the instructor has set out for them to learn. Class participation 10%

Group Project 10%
Mid-term examination 30%
Final examination 50%
Total 100%

Class participation: Class participation is the hallmark of the SMU education, where learning takes place through critical exchange of ideas and engagement of mind. Read critically before coming to class, and listen actively to the instructor and your peers. The instructor will engage...
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