syllabus1101 - Principles of Microeconomics ECON 1101-46:...

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Unformatted text preview: Principles of Microeconomics ECON 1101-46: Spring 2010 Department of Economics - University of Minnesota SYLLABUS Instructor: Amanda M Michaud Contact: E-mail: Phone: 612.625.3923 Office Hours: Hanson Hall 3-161, Tu: 5:30-6:30 & Wed: 4-5pm Teaching Assistant: Jan Duras Contact: E-mail: Phone: 612.625.3922 Office Hours: Hanson Hall 3-159: Time TBA Lecture: Hanson Hall 1-109, Tuesday/Thursday: 4pm-5:15pm Discussion: Tu 5:30-6:20pm (Blegen 335) or Th 5:30-6:20pm (Blegen 255) Course website: Course Description: This is an introductory course in microeconomics. Topics covered include: the behavior of consumers, firms, and markets in the domestic and world economy as well as interdependencies in the global economy, and effects of global linkages on individual decisions. Critical thinking and the use of models to solve problems is emphasized. Prequisites: Students are expected to have functional knowledge of intermediate algebra. Note that completion of two years of high school algebra is a requirement for admission as specified by University of Minnesota administrative policy. There will be a brief review of necessary algebra skills at the beginning of the course. Textbook: Mankiw, N. Gregory, Principles of Microeconomics , 5th Edition, 2009. Southwestern Cengage Learning. The Economics Department has negotiated a package deal with the publisher. The package costs $87.10 at the bookstore and includes an access code for the required Aplia software and a three-ring binder version of the textbook. International Perspectives: This course satisfies the CLE requirements for an International Perspectives Theme course. The modern economy is a closely knit global network. Econ 1101 aims to clarify and explain these worldwide interconnections. In additional to the traditional analysis of international trade and trade policy, microeconomics offers broad insight into the world economy. Specifically, analyses of competition and monopoly, tax policy, externalities and public goods, are all crucial for understanding the world economy. Econ 1101 reflects these developments in three main ways: The Theory . A section of the course material is presented in an international framework....
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syllabus1101 - Principles of Microeconomics ECON 1101-46:...

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