Summer 2015
ECN 2802G section 600
Dr. Dao
Principles of Microeconomics
Office: Coleman 2871
Office Phone: 581-6329
Office Hours: 2:00-3:00 M W;
10:45-11:20 TR
or by appointment
COURSE DESCRIPTION: An exploration of consumer behavior, of how firms decide upon profit-maximizing price and output rates under various market conditions, and of the labor and capital markets.
LEARNING GOALS: Upon satisfactory completion of this course, students will:
a)
demonstrate an understanding of the theories,
tools, and methods of economic analysis,
b)
apply economic principles in the analysis of
economic problems and policies,
c)
identify the major economic institutions and
describe their operation and interrelationships,
d)
analyze those aspects of human behavior,
both individual and social, through which the
economic problem is addressed, and
e)
describe the different economic systems into
which societies organize themselves to deal
with the economic problem
TEXT: Colander, Microeconomics, 8th edition, McGraw-Hill
Irwin.
EXAM: Three exams and a Final. Exams
consist of objective questions.
EXAM SCHEDULE:
First during the 2nd week of classes (Jun. 22 - 26, 2015)
Second during the 3rd week of classes (Jun. 29 – Jul. 2, 2015)
Third during the 5th week of classes (Jul. 13 - 17, 2015)
Final during the last
week
of classes (Jul. 20 – Jul. 24, 2015)
QUIZZES: 12 quizzes @ 5 points each.
COURSE GRADE BREAKDOWN:
First Exam: 20%
Second Exam: 25%
Third Exam: 25%
Quizzes: 10%
Final: 20%
NOTE: If you have a documented
disability and wish to receive academic accommodations, please
contact the Coordinator of the
Office of Disability Services (581-6583) as soon as possible.
COURSE OUTLINE
I.
INTRODUCTION TO ECONOMICS
Chapter
1: Economics and Economic Reasoning
Chapter
2: The Production Possibility Model, Trade, and Globalization
II.
INTRODUCTION TO
THE MARKET SYSTEM
Chapter
5: Using Supply and Demand
Chapter
7: Describing Supply and Demand: Elasticities
Chapter
10: The Logic of Individual Choice: The Foundation of Supply and Demand
Chapter
12: Production and Cost Analysis I
Chapter
13: Production and Cost Analysis II
III. MARKET STRUCTURES AND PRICING
Chapter
14: Perfect Competition
Chapter
16: Monopolistic Competition and Oligopoly
IV. FACTOR MARKETS