ECON 1001_2010_Week 1_lecture_1

ECON 1001_2010_Week 1_lecture_1 - Welcome to Introductory...

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Welcome to Introductory Microeconomics ECON1001 1
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Lecture 1.0: Administrative Issues Lecture 1.1: Thinking as an Economist Introduction and key concepts, Scarcity and Choice Lecture 1.2: Economic Analysis Lecture 1.3: Types of Economic Statements Lecture 1.4: Gains from Trade 2 Lecture 1: Overview
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Lecture 1.0: Administrative Issues 3
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Lecturer: Atta Adu-Osae 4
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Contact Details Lecturer: Atta Adu-Osae Office: Room 355, Merewether Building Phone: E-mail: atta.adu-osae @ sydney.edu.au Office hours: Thursday 12-1pm and 4 -5pm 5
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Goals of This Course Understand important concepts in microeconomics Apply knowledge to economic problems Critically evaluate assumptions and limitations 6
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Tutorials Tutorials will start in week 2 Tutorial allocations to be completed by end of week 1 Give you an opportunity to apply what you learn in class Best to try to solve without tutor’s help Opportunity to receive feedback from friends and tutor 7
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PASS (Peer Assisted Study Sessions) Weekly 1 hour sessions led by senior, high achieving students Focus on mastery of course through revision, practice, and peer learning Voluntary Not a substitute for tutorials Registration: http://www.econ.usyd.edu.au/pass/ 8
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Assessment Type of Assessment Weight Date 1. On-line quizzes 10% Check UoS outline 2. Academic honesty 0%* Week 4 2. Mid-term exam 30% 22 nd April 4. Essay 10% Week 11 3. Final exam 50% exam period *Must achieve 85% to continue with course. 9
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Special Consideration Applies for serious illness or misadventure Apply to Student Info Office within 1 week Application doesn’t imply approval Mid-term test redone late in semester Details in UoS handout 10
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Other Semester Dates Good Friday (no class) 2 nd April – Go to another class Common Week (no classes) 5 th to 9 th April 11
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Prescribed Text Taylor and Frost   / Microeconomics 4th  edition Available in the bookstore now 12
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Other References Alternative texts Gans, J., S. King, and N. Gregory Mankiw, Principles of Microeconomics , 3 rd edition, South-Western Publishing, Melbourne McTaggart, D., C. Findlay, and M. Parkin, Microeconomics , 4 th edition, Pearson Education Australia Study guides Taylor, J., Study Guide to Accompany Microeconomics , 3 rd edition, Wiley and Sons, Australia Kemp, S., Principles of microeconomics: study guide , 3 rd edition, South-Western Publishing, Melbourne Bentick, T., Microeconomics study guide , 4 th edition, Pearson Education Australia, Frenchs Forest 13
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Blackboard Lecture outlines and class announcements available on Blackboard http://blackboard.econ.usyd.edu.au More details in Unit of Study handout Refer technical problems to IT 14
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15 Lecture 1.1 Thinking as an Economist Introduction and key concepts, Scarcity and Choice ECON 111 LECTURE 1
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What is Economics? Society has unlimited wants…
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ECON 1001_2010_Week 1_lecture_1 - Welcome to Introductory...

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