ECON 2201-003{Intermediate Microeconomic Theory{Fall 2009

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					            ECON 2201-003 – Intermediate Microeconomic Theory – Fall 2009

Instructor: Maroula Khraiche
E-mail: (This is the best way to contact me)
Class Time and Place: Tu 6:00PM - 8:45PM – Mont 221
Office Hours: 4:00-6:00pm, Tu, Mont 444

Required Texts:
Microeconomics (7th edition) by Robert S. Pindyck and Daniel L. Rubinfeld.

MyEconLab includes interactive problem sets, tutorials, and news to support this course. (More on
how to access this in class)

Keys to Success:
  1. Come to every class and take notes carefully.
  2. Buy the book and read every assigned chapter.
  3. Practice all relevant assignments before an examination.
  4. Check your e-mail! This is how I will contact you outside of class, in case there are any changes
     to the schedule.

Class Objectives:
This course will introduce you to fundamental concepts in microeconomics that you will build on in
your future economics coursework. Topics covered include consumer theory, firm’s profit maximization,
efficient markets, welfare economics and game theory. We will use basic calculus, algebra and graphical
analysis to study these topics as well as economic intuition. In addition to basic models, we will look
at real world examples to better understand the theories introduced.

 Homeworks                   20%
 Quiz 1                      10%
 Midterm                     30%
 Quiz 2                      10%
 Final Exam (cumulative)     30%

Students who have an unexcused absence on the day of a quiz, or midterm will receive a zero for it.
No makeups will be given.

Intended Pace:
**The syllabus and grading plan are subject to change with appropriate notice to the class. Pay attention
during class and check your e-mail in case such changes are announced.**
 Sep   01   Chapter 2: The Basics of Supply and Demand
 Sep   08   Chapter 3: Consumer Behavior
 Sep   15   Chapter 4: Individual and Market Demand
 Sep   22   Quiz 1
            Chapter 6: Production
 Sep 29     Chapter 7: The Cost of Production
 Oct 06     Chapter 8: Profit Maximization and Competitive Supply
 Oct 13     Chapter 9: The Analysis of Competitive Markets
 Oct 20     Midterm
 Oct 27     Chapter 10: Market Power: Monopoly and Monopsony
 Nov 03     Chapter 11: Pricing with Market Power
 Nov 10     Chapter 12: Monopolistic Competition and Oligopoly
 Nov 17     Quiz 2
            Chapter 13: Game Theory and Competitive Strategy
 Nov 24     Fall Break
 Dec 01     Chapter 16: General Equilibrium and Economic Efficiency
 Dec 08     Chapter 18: Externalities and Public Goods
 TBA        Final

Academic Integrity:
(From The Student Code) “A fundamental tenet of all educational institutions is academic honesty;
academic work depends upon respect for and acknowledgement of the research and ideas of others.
Misrepresenting someone else’s work as one’s own is a serious offense in any academic setting and it
will not be condoned. Misconduct includes, but is not limited to, providing or receiving assistance
in a manner not authorized by the instructor in the creation of work to be submitted for academic
evaluation (e.g. papers, projects, and examinations); any attempt to influence improperly (e.g. bribery,
threats) any member of the faculty, staff, or administration of the University in any matter pertaining to
academics or research; presenting, as one’s own, the ideas or words of another for academic evaluation;
doing unauthorized academic work for which another person will receive credit or be evaluated; and
presenting the same or substantially the same papers or projects in two or more courses without the
explicit permission of the instructors involved. A student who knowingly assists another student in
committing an act of academic misconduct shall be equally accountable for the violation, and shall be
subject to the sanctions and other remedies described in The Student Code.”