SYLLH200.F06 - The Ohio State University Department of...

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Department of Economics Econ. H200 Prof. James Peck Autumn 2006 Tuesdays and Thursdays 12:30 - 2:18, Derby Hall 62 Syllabus: Principles of Microeconomics (Honors) Course Objective: To provide a thorough introduction to economic theory. Starting from the basic ideas of tradeoffs, opportunity cost, and the benefits of trade, we will study how the market forces of supply and demand cause prices to be what they are. We will see the sense in which market economies are efficient, and the way governments can make our economy less or more efficient. We will delve behind the supply curve to see how firms choose their production levels to maximize profits, culminating in the model of perfect competition. Time permitting, we will look at market failures such as imperfect competition (monopoly and oligopoly) and externalities. Course Website: Text: Mankiw, N. Gregory, “Principles of Microeconomics,” Thomson South-Western, 2007. Student resources are available by 1. Visiting 2. Clicking on the correct text (Microeconomics, 4 th Edition) Grading: Homework 10 % Midterm Exam #1 25 % (Tuesday, October 17) Midterm Exam #2 25 % (Thursday, November 9) Final Exam 40 % (Tuesday, December 5, 1:30 - 3:18 pm) There will be 5-7 homework assignments. Late homeworks will not be accepted without prior permission from me. Extra Credit : If you lead the discussion of one of the “In the News” segments or write a 2-3 page analysis of a newspaper or magazine article that I approve, your score will replace your lowest homework score. If you have a valid excuse for missing a midterm exam, which usually must be cleared with me in advance, then the other midterm will count for 35% and the final will count for 55%. Office: 440 Arps Hall, 292-0182, [email protected] . Office hours will be on Mondays, 11:00 - 12:00 and Wednesdays, 3:00 - 4:00. It will be helpful if you let me know in advance that you intend to visit. Appointments are also available. Teaching Philosophy:
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This note was uploaded on 07/17/2008 for the course H 200 taught by Professor Fleisher during the Fall '08 term at Ohio State.

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SYLLH200.F06 - The Ohio State University Department of...

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