EconS101SyllabusSpring2017(4).docx - EconS 101 Fundamentals of Microeconomics 3 credits

EconS101SyllabusSpring2017(4).docx - EconS 101 Fundamentals...

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EconS 101 Fundamentals of Microeconomics – 3 credits Spring 2017 January 9 th to April 28 th Instructor: Melissa Wright 313 Hulbert Hall Email: [email protected] Office Hours: Wednesdays 3-4PM and by appointment Teaching Assistants: Joshua Tibbitts Email: [email protected] Office Hours: By appointment Wylie Thulen Email: [email protected] Office Hours: Tuesdays 3-4PM in Hulbert 111A and by appointment Classroom: TODD 130, MWF 9:10-10:00AM Required Materials and Resources: Textbook: Microeconomics in Modules 3 rd Edition , Paul Krugman and Robin Wells. 2014. *A hard copy of the textbook is not required for this course. An electronic copy is available with Launchpad. Blackboard: o For technical difficulties contact Academic Media Services (next to the CUB) Launch pad: o For technical difficulties call the Launchpad technical support team at 1.800.936.6899 Net Tutor: Net Tutor is to be accessed through Blackboard . iClickers/Reef Polling. You will need to either purchase/rent an iClicker or buy a subscription to Reef Polling for use for attendance and participation. It is your choice which you use. *It is your responsibility to remember your clicker or charge your smart device. Prerequisites: MATH 101, 103, 105, 106, 107, 108, 171, 201, 202, or STAT 205 or 212; or concurrent enrollment in MATH 106, 107, 108, 171, 201, 202, or STAT 212; or ALEKS placement score of 35% or higher. Course Description: This course is an introduction to microeconomics. Microeconomists study the production, distribution, and consumption of goods and services. They provide theories and policy recommendations considering human responses to scarcity; how this affects business
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competition, international trade, industrial organization, investment, and income distribution. In this course, we will cover the concepts of opportunity cost, supply and demand, consumer and producer surplus, elasticities, and market structure. Student Learning Outcomes: • Learn the basic terminology of microeconomics. • Apply the concepts of choice and opportunity cost to basic situations involving scarcity, and be able to clearly identify feasible choices. • Understand how markets operate and be able to identify welfare outcomes for consumers and producers. • Understand how different market structures, firm technologies, and economic and social policies affect market equilibrium and welfare outcomes. • Understand gains from international trade. • Develop information literacy skills as they relate to various microeconomic concepts and issues. This course is designed to meet the following WSU Learning Goals: LG1 – Critical and creative thinking LG2 – Quantitative Reasoning LG3 – Information Literacy Homework: Homework assignments require the use Launchpad, but may be accessed through Blackboard. Each assignment is worth 25 points. Students will be given 2 attempts. After the first attempt you will be able to see your answers and your grade.
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