Spring 2017 - ECON 103 E100
Principles of Microeconomics (4)
Class Number: 8067
Delivery Method: In Person
Overview
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Course Times + Location:
Jan 4 – Apr 7, 2017: Tue, Thu, 5:30–7:20 p.m.
Vancouver -
Exam Times + Location:
Apr 13, 2017
Thu, 7:00–10:00 p.m.
Vancouver
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Instructor:
Gulriz Barkin
gbarkin@sfu.ca
Description
CALENDAR DESCRIPTION:
The principal elements of theory concerning utility and value, price and costs, factor analysis, productivity, labor organization, competition and monopoly, and the theory of the firm. Students with credit for ECON 200 cannot take ECON 103 for further credit. Quantitative/Breadth-Soc.
COURSE DETAILS:
In modern societies the market economy allocates productive resources to industries and consumption commodities to individuals. In this process wealth is created and distributed across a population. Microeconomics has been designed as an attempt to understand this fundamental process. The course will focus on core microeconomic concepts: individual choice; feasibility and opportunity cost; marginal analysis; competition; demand and supply; and the exploitation of gains from trade in the market. These concepts will not only be explained but they will be used to help students understand issues which confront us in today’s world.
Grading
- Homework Assignment 10%
- Term Test 35%
- Final Exam 55%
NOTES:
Information regarding readings, assignments and exams will be discussed in the first class.
Readings:
Chapter 1 What is Economics
Chapter 2 The Economic Problem
Chapter 3 Demand and Supply
Chapter 4 Elasticity
Chapter 5 Efficiency and Equity
Chapter 6 Government Actions in Markets
Chapter 7 Global Markets in Action
Chapter 8 Utility and Demand
Chapter 9 Possibilities, Preferences and Choices
Chapter 10 Organizing Production
Chapter 11 Output and Costs
Chapter 12 Perfect Competition
Chapter 13 Monopoly
Chapter 14 Monopolistic Competition
Chapter 15 Oligopoly
Materials
REQUIRED READING:
Parkin & Bade “Microeconomics: Canada in the Global Environment” 9th edition with MyEconLab with Pearson eText -- Access Card Package ISBN- 9780134136448
OR
Parkin & Bade Microeconomics: Canada in the Global Environment, Loose Leaf Version Plus MyEconLab with Pearson eText -- Valuepack Access Card 9780134275710
OR
Parkin & Bade MyEconLab with Pearson eText -- Standalone Access Card -- for Microeconomics: Canada in the Global Environment, ISBN 9780133893342
RECOMMENDED READING:
Study Guide for Parkin & Bade "Microeconomics: Canada in the Global Environment” 8th edition 2012: ISBN 9780321799050
Department Undergraduate Notes:
*** NO TUTORIALS DURING THE FIRST WEEK OF CLASSES***
Students requiring accomodations as a result of a disability must contact the Centre for Students with Disabilities at 778 782 3112 or csdo@sfu.ca
Registrar Notes:
SFU’s Academic Integrity web site http://students.sfu.ca/academicintegrity.html is filled with information on what is meant by academic dishonesty, where you can find resources to help with your studies and the consequences of cheating. Check out the site for more information and videos that help explain the issues in plain English.
Each student is responsible for his or her conduct as it affects the University community. Academic dishonesty, in whatever form, is ultimately destructive of the values of the University. Furthermore, it is unfair and discouraging to the majority of students who pursue their studies honestly. Scholarly integrity is required of all members of the University. http://www.sfu.ca/policies/gazette/student/s10-01.html
ACADEMIC INTEGRITY: YOUR WORK, YOUR SUCCESS