Syllabus Catalog No. - Applied Economics and Statistics - Clemson ...

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C. Quiz and Readiness Assessment All Assigned Reading in II. 1 (10/15) D. Discrete-Time Optimization Ch. 12.1 and 12.3 3 (10/13 -10/22) Second Examination 1 (Mon., 10/27) Second Group Exam and Group Exercise 1 (Wed., 10/29) (Mon., Nov. 3 is fall break, so there is no class then.) III. Matrix Algebra Chs. 15 and~ 16 of EMEA and portions of Chs. 1-3 ofFMEA 8 A. Matrix and Vector Algebra Ch. 15 of EMEA 1 (11/5) B. Determinants and Inverse Matrices Ch. 16 of EMEA 2 (11/10 and 11/12) C. Readiness Assessment 1 (11/17) (There is no class on Wed. Nov. 26for Thanksgiving break.) D. Topics in Linear Algebra Ch. 1 of FMEA 3 (11/19,11/24 and 12/1) E. Multivariable Optimization portions ofChs. 2 and 3 of FMEA 1 (12/3) Comprehensive Final Examination 1 (Tues., Dec. 9, 3 - 5:30 pm) I might change the schedule to fit the needs ofthe class and will give you reasonable notice. Methods of Learning and Teaching You will be responsible for learning the material. You should read the assigned material before and, if necessary, after the topics are covered in class. Approximately halfway through a major topic, designated by a Roman numeral, you will take a quiz that focuses on the mathematical concepts and problem-solving already covered and an individual readiness assessment on mathematical material yet to come for the major topic. In the same class, your group will retake the quiz-assessment. Preparation for two in-class examinations is also crucial for your learning. The more you participate in class and team activities, the more you will learn the mathematical concepts and their application to economic problems. Mere attendance is almost always a necessary but never a sufficient condition for learning. Completing and understanding the problem sets is also essential for your learning. Your problem sets will primarily cover economic applications of concepts. Make an attempt to answer all questions; if you are unable to answer any part of a question, clearly indicate what confuses you. You will receive a percent between 0 and 1 for the total possible points on approximately 50% of 6 problem sets. I will give full credit, a '1' for other problem sets in which you seriously attempt to answer all questions. You can check your answers with the key in the back of the textbook or that I will provide. After checking the key, if you still do not understand, we can discuss your question in class or my office hours. I encourage you to give or receive help from other members of your team. However, you must indicate which team members, if any, you helped and which members, if any, helped you on all applicable parts of the homework. Moreover, you are responsible for providing separate, written answers to questions. I will use a mixture of team-based learning and traditional methods to teach you. Individual and group readiness assessments are designed to get you to read assigned material, particularly mathematical theorems and methods, in advance of class. However, a readiness assessment is not a test of your mastery of all details of the material but only a diagnostic tool to detem1ine the degree to which you are prepared to apply math concepts to economic problems. In class, I will still lecture more often than not, solve problems, and answer your questions. But my emphasis 2
will be on applications of concepts and group exercises to the extent they can be designed effectively for team-based learning. I am also willing to answer questions during office hours. Evaluation of Learning Grading Criteria Final grades will be detennined by adding weighted scores of your perfonnance in three major areas: Individual Perfonnance, Group Perfonnance, and Group Maintenance. Grade Weights Percent ofPerfonnance Area Percent of Total 1. Individual Perfonnance (min. of70% and max of90%) a. 3 Individual Readiness Assessments (3-9%) b. 6 Problem Sets (7-14%) c. First Exam (15-25%) d. Second Exam (15-25%) e. Comprehensive Final Examination (45-60%) subtotal 100% 2. Group Perfonnance (min. of 5% and max. of25%) a. 3 Group Readiness Assessments (30-40%) b. 5-6 In-Class Group Assignments (60-70%) subtotal 100% 3. Group Maintenance (min. of 5% and max. of25%) Total 100% Setting Grade Weights Grade weights within the individual perfonnance area and between the three major perfonnance areas will be detennined not later than the end of the sixth week of class. Each group will decide on appropriate weights, given the constraints that I've imposed, and select a member to represent them. Representatives for each group will then meet to develop a consensus. Evaluating Individual Performance Individual readiness assessments consist of several multiple-choice or true-false questions. You may use your textbook or a one page ofnotes, whichever I pennit, to answer these questions. You can earn partial credit on your homework and exams. However, you can lose points for illegible penmanship, vague definitions of variables, and poorly labeled graphs on homework and exams. Homework that is turned in late without my pennission will receive at most 60% of possible points. No deductions will be made for late but excused homework. Your request to turn homework in late should be made and approved prior to the deadline. Evaluating Group Performance Group readiness assessments and quizzes will be evaluated in the same way that individual readiness assessments are. However, these exercises are not open book. Moreover, the group's score is the score of each member. Two of the group activities will be to redo the exams in class. The other two to four group activities will be problems that your group must answer in class. To get full credit for the answer to a question, members of each group should be prepared to publicly demonstrate and explain the derivation of their answer. I reserve the right to randomly call on a particular individual to defend his or her group's answer. 3
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Syllabus Catalog No. - Applied Economics and Statistics - Clemson ...

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