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EC207_syllabus - The Colorado College Department of...

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1 The Colorado College Department of Economics and Business Block 7: EC 207 -- Intermediate Microeconomic Theory Instructor: Dr. Amit Ghosh Office: Palmer Hall 101B. Class Location: Palmer 128. Email: [email protected] Lecture Time: Mon-Fri 9:15 a.m.- Noon Office Hours: Tues-Fri 1:30-2:30 p.m. and by appointment. Tel: (719) 389-6470. Course Objectives: Welcome. This course is an extension from your principles of economics. Intermediate microeconomics enables you to get a deeper understanding of economic concepts and theories that are used in the applied micro areas of international trade and finance, labor economics, industrial organization, public finance, environmental economic, etc. The textbook mentioned below does a fine job of illustrating applications of the theory to various economic issues. Follow my class presentations and then read through the corresponding readings on a day-by-day basis. This course is an extensive application of mathematical techniques (including calculus) into micro economic theory. Regular practice with problem solving will make the material easier to grasp. As such you have daily home works to work on. The major focus of the classroom will be a deeper understanding of the theory. We will also work on the answer key for the home work questions in class. Think about how the theories being discussed might apply to real life issues. If you read an article in the paper or a magazine relevant to the topics covered, bring it to class to share with the rest. I encourage you to study in groups and exchange ideas. Also active class participation is welcome. Required Textbook : W. Nicholson and C. Snyder Intermediate Microeconomics and its Applications , 10 th Edition. Thomson South-Western. If you use the previous edition (9 th ) of the textbook feel free to do so, but keep in mind there may be some new additions and resequencing in the 9 th edition from the previous edition. Additional readings are posted in Tutt Library E-Reserves . The password for course reserve page is ec207 . Grading : The course will comprise of 11 home works, two midterms, a final examination and a group presentation. Home works are due on the mentioned dates. Late homework is not acceptable. I am more concerned in how you apply your knowledge in class to analyze a problem. So, treat the home works as sample questions for the closed book, closed note exams. I will also give out a set of practice questions in the beginning of each week, for you to work on. At the end of the week I will post the answers.
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