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ECN 221 S11 Syllabus - E C N 221-005 E C N 221-006...

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E CN 221-005 , E CN 221-006 PRINCIPLES OF MICROECONOMICS Spring 2011 INSTRUC T OR: Dr. Pete Schuhmann O F FIC E: Cameron 220-F PH ONE: 962-3417 E-M AIL: [email protected] O F FIC E H OURS: MW 12:00 - 3:00 TH 11:00 - 1:00 T E X T: Principles of Microeconomics , Frank & Bernanke, any edition Irwin/McGraw-Hill C OURSE W EBSIT E: http://www.csb.uncw.edu/people/schuhmannp/ecn221.htm C OURSE DESCRIPTION Analysis of decision making processes and economic equilibrium for the consumer and the individual firm at an introductory level. PRERE QUISIT ES MAT 111. Knowledge of graphing techniques, basic high school algebra, and an introductory understanding of derivatives is assumed. C OURSE L E ARNING OBJE C TIV ES The primary objective of this class is to learn the principles of microeconomic theory. In learning about and applying economic concepts, ideas, and tools, you will also develop a n e w way o f t hin k ing critically. The subject matter is a core component of the Cameron Business School curriculum and serves as a foundation for further study in all Business School departments. As we learn the material, I hope you will realize that economics is not about mundane issues. Rather, economics is fundamental to just about everything in life. If you apply yourself and work hard, you will leave here with knowledge and intuition that you will use every day (really). C OURSE PO LICIES GRADING: Your grade in this course will be based on performance on two exams, three short quizzes, attendance, and a comprehensive final. The plus/minus system will be implemented on final grades where appropriate. The weights assigned to each component of your grade are as follows: - 2 mid-semester e xam s = 44% of final grade (22% each) - Att e ndan ce = 11% of final grade - 3 quizz e s = 20% of final grade (approximately 7% each) - Final e xam = 25% of final grade EXAMS: The two mid-semester exams will likely be mostly multiple choice with a few short answer questions (true/false or fill-in-the-blank). Each exam will test your knowledge of material covered since the previous exam, so the exams are not explicitly comprehensive. However, nearly all of the material in this class builds on previously attained knowledge. You will find that you will be using information from the first part of the semester throughout the course. The final exam is comprehensive in coverage. QUIZZES: Quizzes will be given at the beginning of the class on the scheduled date, and should take approximately 20 minutes. The format of the quizzes will be a mix of multiple choice questions, short answer, and graphing. ³&+$//(1*( 48,=´± On e of your quiz grades may be replaced GXULQJ WKH VHPHVWHU E\ WDNLQJ D ³FKDOOHQJH TXL]´ prior to the next exam . This process entails submitting a formal written request (email is fine), and scheduling a time to take a mu c h mor e diffi c ult quiz on the same topics. Do not s ign up to tak e a c hall e ng e quiz unl e ss you ar e pr e par e d to e xplain all of th e mat e rial in gr e at d e tail in your own word s . By submitting the request and scheduling the
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challenge, you automatically forfeit the original quiz grade and accept the outcome of the challenge quiz.
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