Principles of Microeconomics (7th Edition) (Case/Fair Economics 7e Series)

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Tentative 01/09/2006 1 Economics 2302 Principles of Microeconomics Spring 2006 University of Texas at Dallas Professor : Isaac McFarlin Office : Green Hall, Rm. GR3.816 Phone : (972) 883-4761 E-mail : [email protected] (Not via WebCT) Course website : Lecture : Tuesday and Thursday, 9:30am – 10:45am in CB1.104 Office hours : Tuesday 11:00am – noon and by appointment. Teaching Assistant (TA): Shak Shivashankara TA Office: Green Hall, Rm. GR2.816 TA Phone: (972) 883-4914 TA Office hours: Wednesday, 3:30 - 5:00pm and by appointment. TA Discussion session : Friday 10:00am – 11:00am, xxx.xx TA E-mail: [email protected] Course Description : 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. Prerequisites : 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 the semester. Required Readings : 1. Karl Case and Ray Fair, Principles of Microeconomics , 7 th edition (ISBN: 013144283X). 2. Newspaper and magazine articles and handouts distributed in class on the website. Recommended Readings: 1. Thomas Beveridge, Principle of Microeconomics (Study Guide) . Requirements : 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 opportunities.
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Tentative 01/09/2006 2 Grade Structure : Throughout the term, you will accumulate points toward your final course grade. The final grade will take the form of a number between 0 and 106 percent, based on your course work and attendance bonus points. The final grade will not be rounded. Letter grades will be assigned as follows: 93.00 – 106.0 % … A 90.00 – 92.99 % … A- 88.00 – 89.99 % … B+ 83.00 – 87.99 % … B 80.00 – 82.99 % … B- 78.00 – 79.99 % … C+ 73.00 – 77.99 % … C 70.00 – 72.99 % … C- 68.00 – 69.99 % … D+ 63.00 – 67.99 % … D 60.00 – 62.99 % … D- 59.99 – 0.00 % … F
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