The Economics 103 Journal
Jean Shackelford
Spring 2009
Please purchase a separate notebook in which to keep your economics
103 journal. Since you may not have been asked to keep a journal of this sort
before, this instruction sheet is designed to explain what you should and should
not write about in your economics journal. This project will help you learn about and understand the current financial crisis, alternative policy perspectives and links to economic theory.
1. This is a journal and not a personal diary in which you record your personal
reaction to personal events.
2. You may, however, register your personal reactions to economic events. You
may find that the TV News, a newspaper article, a discussion or lecture on campus,
a class lecture or discussion, readings in your text or in some other book generates
your reactions. I expect to see journal entries on all Economics 103 Wednesday
Night Movies, Lectures, Discussions, etc.
If an article inspired your entry, please include in your journal so that
you will have a complete record of your entry.
3. If you write in your journal every day I would be delighted, but I know that
is asking too much. If the articles you choose to analyze and write about are
of average length, you should have as a minimum an average of 2 1/2 entries
per week. That means that you should have a total of 34-35 entries at the end
of the semester. You may, however choose to write a longer entry on a single
topic or a much longer article or series of articles. In this case I would expect
fewer total journal entries.
4. Your journal entries may vary in length. An article you read may inspire
you to write a very long paragraph or even pages, while another entry may be
only a several sentences reflecting your position on an event. Please feel free
to expand on an entry at a later date--or to follow a single story throughout
the semester..."What will happen to the value between the Euro and
the dollar during the fall and early winter?" "What will happen to
interest rates and speculation about further rate reductions during the semester?"
5. While I am not asking than you write a draft and then revise your journal
entries, I do expect your entries to be written in complete sentences and reflect
complete thoughts. Lists of words and phrases may be used to generate your thoughts,
but should not be part of your journal entry. Please write legibly.
6. As the semester goes along be sure that you are trying to analyze situations
or events. You will learn more about economic principles each class period.
Apply these principles in your journal entries. Go beyond simply recording or
reporting on an event or the main point of an article, report, etc. What follows
from the event or report? What additional economic concerns might be generated?
Why is this of economic significance? What other data might be around to support
the arguments? What other example can you think of that might apply to this
situation?
7. I will read your journals two times during the semester and at
the end of the semester. It is your responsibility to hand your journal
in. You may hand your journal to me two times prior to April 14th, and on April 28th, the last day of the semester. I would
strongly advise that you hand your journal in early in the term so you can see
if you are "doing it right." The journals will be collected for final
review on the last day of class.
Back
to Economics 103
Last updated, January 2009--please contact Jean Shackelford, Department of Economics, Bucknell University, Lewisburg, PA 17837.