History of American Entrepreneurship – HIUS 360

CG • Section 8WK • 11/08/2019 to 04/16/2020 • Modified 04/08/2022

Course Description

The growth of the American economy from the 18th century to the present. The interaction between government, business and labor will be analyzed with emphasis on the development of the modern business corporation.

For information regarding prerequisites for this course, please refer to the Academic Course Catalog

Rationale

An in-depth study of America’s economic development is essential in understanding that nation’s unique and powerful role in the world. Without falling into the extremes of economic determinism, it is nonetheless necessary to have a working knowledge of American economic history to understand and assess human motivations within a free society.

Measurable Learning Outcomes

Upon successful completion of this course, the student will be able to:

  1. Identify the major shifts in American economic development from the colonial period to the present.
  2. Demonstrate an understanding of American monetary and banking policies throughout the period.
  3. Assess and articulate the values of a free market society and the extent to which government should or should not intervene.
  4. Interact with secondary and primary sources relevant to American economic history.
  5. Articulate the evolvement of and arguments for/against an American national debt.
  6. Draw meaningful relevancy between the content learned and the dynamics of “real-world” economics.
  7. Explore comparisons of the United States market economy with other world economies in the context of entrepreneurial experiences.
  8. Begin to develop a Christian worldview of American economic history.

Foundational Skills Learning Outcomes (FSLO): Communication and Information Literacy Outcomes (CIL):

Upon successful completion of this course, the student will be able to:

  1. CIL 1: Discover and evaluate information to accomplish a specific purpose.
  2. CIL 2: Communicate information effectively in the English language, orally and/or through writing, for a variety of purposes, using technology when appropriate.
  3. CIL 3: Analyze and assess various forms of information and expression to determine their meaning, employing technology when relevant.
  4. CIL 4: Demonstrate a basic understanding of the role of research and scholarship in order to apply it in various contexts.
  5. CIL 5: Relate communication and information literacy to participation in God’s redemptive work.

Course Assignment

Course Requirements Checklist

After reading the Course Syllabus and Student Expectations, the student will complete the related checklist found in the Course Overview.

Discussions (2)

The discussion assignments in this course are meant to be collaborative learning experiences that foster a spirit of community and collegiality, but they must also be viewed as an academic assignment with formal requirements. The first discussion in this course will expand the student's Christian worldview, and the second will have the student compare world economies to understand the development of global markets better (MLO: C, F, G, H; FSLO: CIL 1, 2, 5).

Research Design Assignment

The research design is a detailed explanation of the topic to be studied, the process by which the student answers a question of historical significance, and the principal sources for research. It must include a research topic, research thesis, research question(s), explanation of historical significance, and a preliminary (non-annotated) bibliography. This assignment will provide the student with a plan for completing their research paper assignment (MLO: D, F; FSLO: CIL 1, 2, 4).

Stock Market Analysis Report Assignment

The student will perform a stock market analysis by selecting shares of various stocks, then monitoring their value over a period of time. This assignment will provide the student with a cursory understanding of the stock market, the causes of fluctuations in it, and how those can affect a business and the economic stability in an economy. It will provide the student with the knowledge of locating, using, and analyzing stock market data and financial news reports. The student will submit a report documenting the steps of this process (MLO: B, C, D, F; FSLO: CIL 1, 2, 3, 4).

Inflation Index Assessment Assignment

The student will research items most commonly used in daily life. The student will complete a short assessment on the items and information found using the provided template. It will provide the student with a cursory understanding of inflation in an economy and how it affects the prices of goods and services over time. It will also allow the student to form an educated opinion on the country’s monetary and fiscal policies and understand how those can affect inflation. (MLO: B, C, D; FSLO: CIL 1, 2, 3).

Research Paper Assignment

The student will write a 3-4 page research-based paper in current Turabian format that focuses on some aspect of historical significance in American economic or business history before 1960. The research paper will allow the student to synthesize the content examined and learned in this course. The paper must include at least 5 total sources (3 primary and 2 scholarly secondary sources). It will enable them to demonstrate their ability to form historical interpretations and logical arguments based on evidence gathered from primary and secondary source materials (MLO: A, B, C, D, E, F; FSLO: CIL 1, 2, 3, 4).

Quizzes (8)

Each module, the student will complete a quiz on the materials for that module. Quiz questions may consist of multiple-choice, true/false, or short answer questions. (MLO: B, D, E; FSLO: CIL 1, 2, 3, 4).