syllabusW10 - Principles of Economics - Microeconomics...

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Principles of Economics -- Microeconomics Winter, 2010 Economics 1 University of California, Los Angeles Dr. Anne Bresnock Office : Bunche 2250 Office Hours : MW 9:15 – 10:15 a.m. Phone : (909) 869-4593 and (310) 267-4848 E-Mail : and Research Website: Economics section.) Required Text : Paul Krugman and Robin Wells Microeconomics , 2E (New York, NY: Worth Publishers, 2010), and accompanying study guide. ClassWeb: Text Website: Course Objectives : The key objectives in this introductory course in microeconomics include: 1. The student should develop a solid foundation of basic economic concepts pertaining to the market system. The nature and method of decision-making units -- consumers, producers, and governments--to make choices while constrained by limited resources will be carefully analyzed. Additional constraints to the decision making process-government regulations, imperfect competition, etc.--will also be investigated. 2. The student should develop an understanding of the institutional framework of the American economy within which our system of mixed capitalism operates. Thus, an analysis of the various ways producers organize their business, the role of labor unions in labor markets, the role of taxes in directing economic choices, the effect of government regulations on production decisions, etc., will be pursued. 3. The student will develop the ability to apply basic economic concepts and principles to problem situations. In order to accomplish this problem solving aptitude, the student will acquire the basic methodology and tools of analysis necessary to formulate economic decisions. Often the ability to select and utilize economic data to reach a solution will be required as well as a comprehensive justification of the solution. 4. The student will develop the ability to communicate the logic of economic thinking qualitatively and quantitatively. Through the use of objective, problem set and essay testing techniques, the student will be expected to utilize the principles of economics, to analyze and synthesize answers to problem situations. 5. Finally, the student will develop a better understanding of the role of economics in our sociopolitical environment as well as the role economics plays in decision making processes that crossover to other disciplines -- the arts, natural sciences, and other social sciences. Such knowledge is important to gain awareness of the overall operation of society.
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Economics 1 Page 2 Winter, 2010 Testing and Grading : There will be two examinations. Please note the exam dates that are listed in the attached syllabus. Students missing the midterm for a serious and unavoidable reason will be excused from that test if the professor approves acceptable documentation for such an excuse prior to the exam date. Students with approved excuses for the midterm will have their final exam
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This note was uploaded on 07/05/2011 for the course ECON 1 taught by Professor Nagata during the Spring '08 term at UCLA.

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syllabusW10 - Principles of Economics - Microeconomics...

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