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1 ECON 1110: INTRODUCTORY ECONOMICS FALL 2008 COURSE SYLLABUS Instructor: Tom Evans Office: 256 MVR Hall Class Time: T Th 10:10 – 11:00 a.m. Phone: 255-7010 Classroom: Uris Hall Auditorium Email: [email protected] Office Hours: T Th 11:30 a.m. – 12:30 Administrative Assistant: D. Perlmutter and by appointment Phone: 255-2583 Email: [email protected] The Course: This is a course in microeconomics. The subject matter is the behavior of participants in our economic system, and how the system functions to achieve social objectives. The course covers the logic underlying the concepts of demand and supply, the methods of profit and happiness maximization, an evaluation of the characteristics of a competitive market economy, what happens when the market system is not a competitive one, market failures such as externalities and public goods, labor markets, rent, interest, profit, and various case applications to real world problems. Course Objectives: This course serves multiple purposes: (1) to improve students’ understanding of markets and how they work; (2) to train students to apply the principles of economics to everyday problems; (3) to prepare students for upper level courses in economics and policy analysis; and (4) to familiarize students with standard economic methodology and the type and intensity of analysis that competent economic evaluation requires. The course is required of all economics majors, although it generally has a large fraction of non-economics majors. Non-economics majors are at no disadvantage in this course since everyone should have a common background in economics prior to this point. Textbook: The text book for this course is Gregory Mankiw’s Principles of Microeconomics, 4th edition published by Thomson/Southwestern. It is available at the Cornell Bookstore. Or you can purchase it on line directly from the publisher, (http://cornellecon.thomsonsites.com), at a discount. Response Card RF (Clicker): You also are required to have a Response Card RF (or “Clicker”, as these devices are commonly called) for this course. You can either borrow one from Mann or Olin library or purchase one from the Bookstore. Class presentations are designed to allow your real time class participation via clickers. This participation will include among other things, using your clicker to submit a for-credit answer to a daily question from a current or recent problem set at the beginning of class as well as not-for-credit answers to questions that will allow me in real time to monitor understanding of the subject matter presented in class. To successfully participate in this class you must bring your clicker to every class. Course Web Site: All announcements and assignments, including problem sets, sections, and readings, will be posted on the course web site. The course web site is ( http://blackboard.cornell.edu/) , which is hosted on Cornell’s Blackboard system . It is ECON 1110: Introductory Microeconomics in the Course Catalog.
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2 You are expected to regularly check the web site for announcements and class material.
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