Recording-2025-01-07T21:44:39.977Z

Class Structure and Expectations

• Waitlist Protocol

  • Stay enrolled in a class while on the waitlist.

  • Automated registration process; instructors cannot force enrollment.

• Course Overview

  • Focus on Financial Accounting though it's perceived as an economics course.

  • Goal: Understand the role of accounting within broader economic education rather than becoming an expert accountant.

• Communication

  • Check email regularly for announcements, especially on Canvas.

  • Important messages may be sent via Canvas, appearing in your emails.

Course Content

• First Half of Class

  • Introduces basic concepts like bookkeeping: debits, credits, assets, liabilities, and equity.

• Second Half of Class

  • Becomes more mathematically complex, focusing on advanced accounting topics over the last three weeks.

Textbook and Resources

• Textbook Access

  • provided through the Inclusive Access Program; available at a reduced cost via Brightway link.

  • Students can opt out if they don't want to use it, though it's highly recommended.

  • Previous students found comprehensive lecture slides helpful as an alternative to the textbook.

• Uflow Tool

  • Powerful AI tool for inputting PDFs, slides, and other documents to assist learning.

  • Offers benefits for asynchronous learning and provides access to course materials including recordings.

Course Policies

• Lectures

  • All lectures will be recorded and accessible through the Canvas Media Center.

  • Lecture materials available shortly after class completion; sometimes may not be displayed immediately due to organizational tweaks.

• Discussion Sections

  • Focus on problem-solving; no discussions during the first week.

  • TAs available to assist with problem sets and individual questions either during office hours or via Uflow.

Assignments and Assessments

• Deliverables

  • 5 Lecture Review Problems (LRP), 10% each; quizzes also accounting for class grade.

  • Each LRP has a maximum of 100 points with several opportunities for re-submission.

• Exams

  • Two exams: Midterm focusing on bookkeeping and final exam covering more quantitative topics without being cumulative.

  • Curve applied based on performance; students in the top 30% receive an A.

Important Dates and Procedures

• Deadlines

  • Sundays are critical for submissions of LRPs and quizzes; some deadlines overlapping.

  • Specific instructions and preliminary materials available beforehand for students to prepare effectively.

• Grading System

  • Canvas does not reflect weighted points automatically; instructors clarify grading thresholds post-exams.

Classroom Environment

• Learning Environment

  • Encourages participation and questions; aims for an inclusive atmosphere.

  • Instructor uses a call and response strategy to engage students.

• TA Availability

  • TAs serve dual purpose: assisting in content understanding while also learning from the teaching process.

Additional Notes

• AI Tool Usage

  • Designed to enhance student learning; not meant to replace direct instructor support.

• Tentative Schedule

  • Course schedule is subject to change but generally follows a predictable format.

• Management

  • Understanding how firms operate as a part of the greater economic context.

  • Analyzing economic models like circular flow which illustrates interactions between households and firms.