ECON 2010-100
Principles of Microeconomics
Department of Economics
Summer 2004
Instructor : Denni P. Purbasari
Office : ECON 401
Phone : 303-492-7116
Email : Denni.Purbasari@Colorado.EDU
Office
hour : TR
Class
meeting : MTWRF 09:15-10:50
Classroom : EDUC 220
Class
website : http://www.colorado.edu/Economics/courses/summer04-2010-100.htm
TA : Ulyses Balderas (MW
Molly Lipscomb (TR
Mei Yuan (TR
Course Description
This course presents the
basic topics in microeconomics. We will start by looking at the market system,
emphasizing economic interactions among individuals, business firms, and
government. Topics will include demand and supply, economic decision making,
social efficiency, perfect and imperfect competition, input markets, and market
failures. Issues such as the environment, taxation, and income distribution
also will be addressed. Econ 2010 is taught at the introduction level and is
appropriate for students who want to have first lecture in economics. Students
will learn the key tools and principles economists apply to understand a wide
range of phenomena, using graphical representations, little math, and plain
logic to present the important ideas and solve basic microeconomic problems.
Special Note for Summer Semester
It
is important to understand that summer class is not a fun class. Materials covered in summer class are the same as
those in regular semester. Therefore, summer class is very intensive. The same
standard of grading is applied as that in regular semester. No exception will
be made. Students, therefore, are encouraged to review the lecture after each class meeting and discuss any
problems about class-materials with instructor and or teaching assistants as
soon as possible.
Text
Gregory
Mankiw, Principles of Microeconomics,
3th edition, 2004, Thompson Southwestern Publishers.
Grading
Your
course grade will be determined by your performance on two mid-term
examinations and one mandatory final
examination. In addition, there will be three problem sets to assist you in
mastering the material. The final grade consists of the following scores:
(1) Midterm 1 25%
(2) Midterm 2 25%
(3) Comprehensive Final 35%
(4) 3 Problem Sets 15%
Grading Scale
Your
score Grade
92%
to 100% A
90%
to 91% A-
88%
to 89% B+
82%
to 87% B
80%
to 81% B-
78%
to 79% C+
72%
to 77% C
70%
to 71% C-
68%
to 69% D+
62%
to 67% D
60%
to 61% D-
Below
60% F
Special Note for Recitation in Summer
Semester
In
summer semester, problem set and exam will be given in almost every 10 days.
Even though recitation has no direct contribution in class grade, attending the
recitation will benefit students. In
recitation, teaching assistant reviews some difficult topics, discuss some
questions in the problem set that related to those, and give some additional exercises.
In short, recitations give students the second chance to review materials that
just been given by instructor.
Exams
All
exams will be a combination of multiple choice questions and short-answer problems.
Similar questions in the problem sets will be in the exams. All exams will be
held in regular classroom. No make up exams for
any reasons will be given.
Problem Sets
Each
problem set will be assigned a week before each exam. Problem sets must be
submitted on time during class
meeting. The solutions of the problem sets will be posted on the same day on
the web. No late work will be accepted.
Student with Disabilities
If
you have specific disabilities that require accommodation, please let me know
early in the semester so that your learning needs may be appropriately met. You
will be required to provide documentation of your disability to the Disability
Services Office in Willard 322 (telephone: 303-492-8671).
Other Information
This class is subject to The
University of Colorado at
http://www.colorado.edu/policies/classbehavior.html for Classroom Behavior, and http://www.colorado.edu/academics/honorcode/
for Honor Code.
Some Important Dates
May 31 : Dateline to withdraw without financial penalty
June 2 : Dateline to add your name to course waitlists
June 7 : Dateline to add courses, to drop courses and to change to
pass/fail or no credit
June 14 : Dateline to drop without petitioning the dean
Tentative Schedule
|
Dates |
Chapter |
Topics |
|
June
1 |
Chapter
1 |
7
Principles in Microeconomics |
|
|
Chapter
2 |
Thinking
Like an Economist |
|
2 |
Chapter
3 |
Trade
|
|
|
Chapter
4 |
Demand
|
|
3 |
Chapter
4 |
Supply
and Market Equilibrium |
|
4 |
Chapter
5 |
Price
Elasticity and Total Revenue |
|
7 |
Chapter
5 |
Other
Elasticity |
|
8 |
Review
|
Demand,
Supply and Market Equilibrium |
|
9 |
Midterm
Exam 1 (5 chapters) |
|
|
11 |
Chapter
7 |
Consumer
and Producer Surplus |
|
10 |
Chapter
6 |
Efficiency
in Price Controls |
|
14 |
Chapter
8 |
Efficiency
in Taxation |
|
15 |
Chapter
9 |
Efficiency
in Trade Policies |
|
16 |
Chapter
10 |
Efficiency
in Externalities |
|
17 |
Chapter
11 |
Efficiency
in Public Goods |
|
18 |
Review |
Market
Failures and Welfare Loss |
|
21 |
Midterm
Exam 2 (6 chapters) |
|
|
22 |
Chapter
13 |
Total,
Fixed and Variable Costs |
|
23 |
Chapter
13 |
Average
and Marginal Costs |
|
24 |
Chapter
14 |
Perfectly
Competitive Market: Short Run |
|
25 |
Chapter
14 |
Perfectly
Competitive Market: Long Run |
|
28 |
Chapter
15 |
Monopoly |
|
29 |
Chapter
16/17 |
Monopolistic
Competition and Oligopoly (briefly) |
|
30 |
Chapter 18 |
Input
Markets |
|
July 1 |
Review |
Firm
and Market Structure |
|
2 |
Final Exam
(4 chapters + 2 summaries) |
|