Econ 202 Syllabus by 6IrEI1

VIEWS: 6 PAGES: 2

									                        Econ 202: Principles of Microeconomics
  Instructor:    Patrick J. McCorkle                     Class Location:    BUS 101
      Office:    BUS 310                                    Class Time:     2:00 – 3:50 TR
Office Phone:    257-2857                                        Email:     mccorkle@latech.edu

Office Hours: MW 1:00-4:00, TR 10:00 12:00 or by appointment

Textbooks:      The Aplia version of Principles of Economics, Current edition, N. Gregory Mankiw,
                published by Thompson South-Western. (Required)

                                            Course Goals

This course is designed to provide students with a basic familiarity and ability to apply microeconomic
principles to personal and business decision making under a variety of conditions. There are no formal
prerequisites for the course. If you are a Business Economics major, you must make at least a C to
receive credit for this course for your degree. The primary emphasis of the course will be to develop
problem solving skills based on the economic way of thinking. When this course is completed, the
student should, (1) understand the concepts of demand and supply and be able to use them to analyze
market behavior; (2) be familiar with the relationship between technology and the costs of doing
business; (3) understand how different market conditions affect business decisions; and (4) be able to
think economically about problems.

                                           Course Outline

Part I – Price Determination: Supply, Demand, and Elasticity
  Chapter         Title
       4          The Market Forces of Supply and Demand
       5          Elasticity and Its Application
       6          Supply, Demand and Government Policies
       7          Consumers, Producers and the Efficiency of Markets
       8          Application: The Costs of Taxation
       9          Application: International Trade

Part II – Production and Cost
  Chapter         Title
      13          The Costs of Production
      14          Firms in Competitive Markets
      15          Monopoly
      16          Oligopoly
      17          Monopolistic Competition

Part III – Applications and Extensions
  Chapter         Title
      10          Externalities
      11          Public Goods and Common Resources
      18          The Markets for the Factors of Production
      19          Earnings and Discrimination
Economics 202                                                                                 Winter 2008
                                          Exams and Grading

There will be 2 midterm exams and a selectively comprehensive final exam. The exact date of the
midterm exams will be announced during class at least one week in advance. I reserve the right to give
quizzes without notice. There will be no makeup quizzes given for any reason.Your grade in the course
will be determined as follows:

                              Quiz Average               10%
                              Exams                      90%

Unless otherwise specified explicitly, the following grading scale will apply: 100-90 = A, 89-80 = B, 79-
70 = C, 69-60 = D 59-0 =F.

There will be no makeup exams or quizzes given for any reason. Please read that last sentence again.
This policy is not to encourage skipping tests, but rather to prevent inequities caused by makeup tests.
Your grade will be based on the average of your best two tests and your best n-1 quizzes. ALL
STUDENTS SHOULD ENROLL IN THE LA TECH EMERGENCY NOTIFICATION SYSTEM AND
KEEP THEIR CONTACTS CURRENT ON BOSS. IN THE EVENT OF AN EMERGENDY
CLOSING OF TECH CAMPUS STUDENTS ARE DIRECTED TO THE OFFCAMPUS MOODLE
SITE FOR ALL COURSE COMMUNICATION AND FOR THE CONTINUATION OF COURSE
WORK. INFORMATION ON CLASS CONTINUATION WILL BE AVAILABLE WITHIN 3 DAYS
OF CLOSURE

You are on your own to keep up with the material as it is covered in class. There is no substitute for
regular classroom attendance preceded by a reading of the currently assigned material. This will greatly
facilitate the learning process and save you considerable time and trouble in the long run. Please do not
wait until you are completely lost or behind to become concerned. If you need help, come and see me!!
Attendance will be taken each class period as is required by the Board of Trustees.

                                          Preparing for Exams

You should be aware in advance that exams for this class will require you to demonstrate your
analytical skills rather than your ability to recite facts and procedures committed to memory. Therefore,
working problems from the workbook should be your first tool of preparation. The quizzes will also be
indicative of the material to appear on the exams. Therefore, I urge you to make a good faith effort to
work problems on your own from scratch so that you will not be shocked by the requirement to do so at
test time. As you study the material in this class, look for recurring patterns and conceptual relationships
that emerge. Keep in mind that the material in this class is intimately related to concepts from other
required business courses (like marketing, management, and finance). Sometimes the terminology is
different and sometimes the emphasis changes, but all the material we cover relates to decision making
as does the material in all your other business classes. Learn to reason through problems that present new
and unusual challenges – the kind you will find in the business world once you graduate.

                                     Students Registered with DSS

If you have special needs and are registered with DSS, please inform the instructor.



                                                    2

								
To top