Principles of Microeconomics
University of Texas at Dallas
: Isaac McFarlin
: Green Hall, Rm. GR3.816
: (972) 883-4761
(Not via WebCT)
: Tuesday and Thursday, 9:30am – 10:45am in CB1.104
: Tuesday 11:00am – noon and by appointment.
Teaching Assistant (TA):
Green Hall, Rm. GR2.816
TA Office hours:
Wednesday, 3:30 - 5:00pm and by appointment.
TA Discussion session
: Friday 10:00am – 11:00am, xxx.xx
: Microeconomics is the study of how individuals, firms, and the government
interact within the context of markets to determine how scarce resources are allocated. In this
introductory level course, we will focus on the development of economic models that can be used
to analyze these interactions. Topics covered will include supply and demand analysis, production
analysis, market outcomes under different assumptions regarding the degree of competition, and
the effects of government policies such as taxes, subsidies, and price controls.
The information in
this course is important to know for anyone considering further study in economics, business, and
other social sciences.
: College algebra. Students should be comfortable using equations, graphs, and
tables for this course. Modern economics is very much a quantitative social science. It is essential
that you be comfortable with doing math at a college algebra level. If you cannot, and you do not
seek remedial assistance, it is likely that you will do poorly or even fail this course! Many errors
on assignments occur from improper execution of basic algebra: order of operations, powers,
roots, and equations. You can test your ability by working through the first problem set, which is
posted on the course website. If you need remedial assistance, then it’s important to ask early in
Karl Case and Ray Fair, Principles of Microeconomics
edition (ISBN: 013144283X).
Newspaper and magazine articles and handouts distributed in class on the website.
Thomas Beveridge, Principle of Microeconomics (Study Guide)
: The course grade is based on individual performance on in-class quizzes (25%),
two midterm exams (20% each) and final exam (35%). The lowest quiz grade will be dropped.
Extra credit opportunity based on attendance also exists. There will be no other extra credit