Cal Poly Pomona, Winter 2013 Office: 1-339; Phone: (909) 869-5074
Professor: Bruce Brown email: email@example.com
Office Hrs. Tu 7:45-9:45 AM & Th 3- 6 PM
ECONOMICS 201 -- Principles of Microeconomics - HYBRID Section 11 - CRN 12842)
Three Mandatory In-Class Meetings, in 1-309, 6 PM Thursdays: 1/10; 2/21 (midterm) & 1/21 (final exam)
Two websites will be used:
- Blackboard platform at: https://blackboard.csupomona.edu/
- Aplia website at: http://www.aplia.com/ (Course Key: 6ZU5-967T-UXF3)
This class is conducted primarily via the Internet - including assignments quizzes and reading.
Principles of Microeconomics, 5th edition, by N.G. Mankiw. An eBook version with the mandatory Aplia
software included costs around $95 directly from Aplia as well as the Bronco Bookstore (at a higher price).
There is now a 6th edition, so the cost of the optional hardcopy of the 5th should be low.
The mandatory Aplia software serves two connected functions in this class: i) a means to obtain an
electronic version of the text, accessible online, and ii) for completion of required problem set assignments.
Background and Motivation:
Economics can be defined as “the study of allocation of scarce resources by societies, firms, and households.”
Although many definitions exist, most include the terms “allocation” and “scarcity.” While economics is
closely related to business management, it is not directly about how to run a business firm or how to make
money in the stock market. Nonetheless, economic reasoning is useful and should indirectly help individuals
make beneficial market decisions. The relationship between economics and business is similar to that between
physics and engineering. In both comparisons the former is more theoretical, and the latter more applied.
Economics is a “social science” along with political science, sociology, anthropology, and psychology. It
analyzes the behavior of people. Economics focuses directly on individual consumers and producers and how
their interaction in markets can influence resource allocation (who gets what). In contrast, sociology focuses
directly on groups, their goals, perspectives and behavior. At some universities the economics department is in
the business school (e.g., Cal State Northridge), while at others it is grouped with social sciences (e.g., Cal Poly
Pomona, where it is in the College of Letters Arts and Social Sciences, or “CLASS”).
Microeconomics (EC201) examines the behavior of producers, consumers, and governments in the economy
and how these decision making “agents” interact within markets. It addresses determination of prices in
individual markets and how price changes effect production and consumption. In contrast, Macroeconomics
(EC202) focus on aggregate or economy-wide values such as national output, unemployment, interest rates, and
price inflation (or deflation). Expect to read the text several times in order to understand the material.
Course Goals for Students:
1) Gain a basic understanding of economic ways of thinking and approaching questions.
2) Be able to use simple theory to analyze real world issues.
3) Understand and be able to use the terminology of economics.
4) Understand how microeconomic principles relate to the daily decisions and activities of individuals, groups
of people, businesses, and government.
5) Appreciate how economics can provide a basis for understanding how economic forces condense
information used to make choices.
The course grade is exclusively determined by performance on the following assignments.
Aplia Problem Sets 24% 120 points
Quizzes (on-line) 24% 120 points
Attendance (1/10 & 2/21) 2% 10 points
Midterm (in-class) 20% or 0% 100 or 0 points
Final (in-class) 30% or 50% 150 or 250 points
Grade distribution: A: 90 % - 100 % of possible points; (e.g., 450 or more points)
B: 75 % - 90 % “ “ (e.g., 375 – 449 points)
C: 60 % - 75 % “ “ (e.g., 300 – 374 points)
D: 50 % - 60 % “ “ (e.g., 250 – 299 points)
F: below 50 % “ “ (e.g., below 250 points)
Aplia software is required. It provides mandatory online “assignments” as well as the eText. Students must
sign up and purchase Aplia access at http://www.aplia.com Course key is: 6ZU5-967T-UXF3.
Use your Cal Poly email address and enter your Cal Poly Bronco ID number when registering. Aplia problem
sets must be submitted online by 11:45 PM, Saturday evenings. After exactly 11:45 PM it will be impossible to
submit the problem sets. The answers will be available on Sunday, and reviewing one’s performance on the
Aplia problem sets will be helpful to study for the quizzes, due Sunday evenings.
Quizzes will be taken online on the Blackboard course site. Ten weekly quizzes will be assigned with the
lowest two quiz scores dropped (Week 3 has two quizzes due: quiz 2A and quiz 2B, so although the last quiz,
“#9” is actually the tenth one). They will be due Sunday Evenings at 11:45 PM. Quizzes close at exactly 11:45
PM. Students will have 60 minutes to complete each quiz from the moment they first open it. Each quiz has 15
objective questions and may be taken three times with the highest score counting. If you have some computer
problem and do not complete the quiz after starting it, this will be one of the two dropped. Do not open a quiz
and then not answer the questions within one hour – this will result in a score of 0. Since only two quizzes will
be dropped, more than two mistakes or computer problems will directly hurt a student’s grade. Students must
read and study the material before taking the quizzes. There will be insufficient time to “find” the answers after
one has started the quiz. Quiz answers will only be provided after the quiz due date. Students my “work
together” on the quizzes and Aplia problem sets, but students will see different quizzes and problem sets.
Exams: The midterm will be given at the end of class on 2/21 (8-9:50 PM), and will count for 20% of the
course grade. For students who score better on the final exam, the midterm will be dropped and the final will
count for 50% of the course grade. All students should take the midterm as the final will have a similar format.
The final is mandatory – no late exams will be given. If a student has a written, verifiable reason why they can
not attend the final exam and provides this before grades are submitted, they will receive an I. A student who
misses the final without an acceptable verifiable reason will receive an F for the course. Academic dishonesty
will result in an “F” grade for the class, and will be reported to Cal Poly’s Director of Judicial Affairs.
Examples of academic dishonesty (e.g., plagiarism, cheating during exams, use of unauthorized study aids,
document falsification) are defined in the university catalog under Policies and Regulations: Academic Integrity.
Students must bring a scantron #882 (or 882E , or 882E-Lovas) and a photo ID to both exams.
There will be no extra credit assignments.
I prefer students ask general questions via the course discussion board, so that other students may see your
question, and perhaps comment on it or answer it. In addition my responses will be available to all students. I
encourage students to post comments, but this will not directly influence course point totals and grades.
Although the Aplia problem sets are due Saturdays 11:45 PM and quizzes Sundays 11:45 PM. Students may
complete these any time prior to the due date. Students have one hour from opening a quiz for the first time to
complete it (quizzes may not be retaken). If a student’s quiz is open for more than an hour, points will be
removed from their score, so pay attention to the time.
Week 1 – Introduction; Two websites, Ch. 1. Meet Tuesday 9/25, 6-9:50 PM in 1-309
Week 2 – Quiz 1: Ch 1 (PPT); Ch 2 (PPT); Ten principles, production possibility frontier (PPF)
Week 3 – Quiz 2A: Ch 4 (Presenter); Supply and demand
– Quiz 2B: Ch 5 (Presenter); Elasticities - demand, income, cross-price, and supply
Week 4 – Quiz 3: Ch 6 (Presenter); Ch 7 (Presenter); Floors & ceilings, per-unit tax, consumer & prod. surplus
Quiz 4: Ch 8 (Presenter); tax and efficiency
Week 5 – Quiz 5: Ch 12 (PPT); Ch 13 (Presenter) Tax systems; production & cost.
Week 6 – Quiz 6: Ch 14 (Presenter); Ch 15 (Presenter); Perfect competition, Monopoly & price discrimination.
Week 7 – Meet Thursday 2/21, 6-9:50 PM, Midterm in 1-309
Week 8 –Quiz 7: Ch 16 (PPT); Ch 17 (PPT); Oligopoly and Monopolistic Competition.
Week 9 – Quiz 8: Ch 10 (PPT); Ch 11(PPT); Externalities and Public Goods.
Week 10 – Quiz 9: Ch 3 (PPT); Ch 9 (PPT); International trade with PPF and supply/demand models.
Final Exam, Tuesday 3/21/13, 6-8 PM, in 1-309
- Any revisions to this syllabus will be sent by bulk email to student email address or posted online.
Hybrid Section Requirements:
1) Hard and Software requirements: Students must have current Windows or Mac OS, Flash player to view
“Adobe Presenter” presentations, with all updates and drivers to view course materials. If your home computer
does not fulfill the minimum requirements, students may use computers on campus.
2) Email: Check your Cal Poly email address at least once every other day. When sending emails clearly
identify yourself as a student in the EC 201 hybrid section. Do not email questions which are relevant for the
entire class, but rather post such questions on the Blackboard course discussion board.
3) Check announcements on Blackboard Site regularly.
4) Students must attend face-to-face class meetings.
5) Students requiring technical help must directly contact either i) IIT helpdesk (phone: 909.869.6776, e-mail:
firstname.lastname@example.org) or ii) Aplia (http://www.aplia.com/support/ )
6) All assignments must be completed on time. Individual technical difficulty in not an acceptable excuse.
7) Materials associated with this class are for your exclusive use as a student at Cal Poly Pomona.
Content will be delivered via:
1) The text, available via Aplia (or hardcopy if you have purchased this).
2) Presenter presentations and associated power point slides as printable pdf files contained in the Modules.
3) Additional Material on the Blackboard Course page:
a) Linked material (e.g., 10 principles in Chapter 1)
b) Simulations and numerical examples (e.g., for Ch 4)
c) Publisher PowerPoint slides for material not covered by the Adobe Presenter Presentations:
(Ch. 1, 2, 3, 9, 10, 11, 12, 16, & 17)
d) Discussion Board questions and answers
4) The two in-class meetings prior to the final, where technical material and course content will be presented.
How to access your Aplia course
Instructor: Bruce C Brown
Start Date: 01/07/2013
Course Key: 6ZU5-967T-UXF3
Aplia is part of CengageBrain, which allows you to sign in to a single site to access your Cengage materials
1. Connect to http://login.cengagebrain.com/.
2. If you already have an account, sign in. From your Dashboard, enter your course key (6ZU5-
967T-UXF3) in the box provided, and click the Register button.
If you don't have an account, click the Create an Account button, and enter your course key when
prompted: 6ZU5-967T-UXF3. Continue to follow the on-screen instructions.
Online: Purchase access to your course (including the digital textbook) from the CengageBrain website.
Bookstore: Purchase access to Aplia from your bookstore. Check with the bookstore to find out what they
offer for your course.
After paying, you will have the option to purchase a physical book at a discounted price. If you choose to pay
later, you can use Aplia without paying until 11:59 PM on 01/24/2013.