Simon Fraser University
Engaging the World

Course Outlines

Spring 2018 - ECON 103 D900

Principles of Microeconomics (4)

Class Number: 1778

Delivery Method: In Person

Overview

  • Course Times + Location:

    Jan 3 – Apr 10, 2018: Tue, Thu, 10:30 a.m.–12:20 p.m.
    Surrey

  • Exam Times + Location:

    Apr 18, 2018
    Wed, 12:00–3:00 p.m.
    Surrey

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 this course, students study the behavior of how the individual modern household and firms make decisions to allocate limited resources. Topics covered include: supply, demand and prices; consumer theory; the theory of the firm under perfect competition, monopoly and other market structures; and market failure. Students will apply microeconomic tools to analyze market mechanisms that establish relative prices amongst goods and services and allocation of limited resources amongst many alternative uses.

Topics:

  • Basic Economic Concepts
  • Demand, Supply and Prices
  • Elasticity
  • Consumer Behavior
  • Producers in Short Run & the Long Run
  • Market Structures
  • Market Failures and Government Intervention

Grading

  • Two midterms 40%
  • Tutorial Quizzes 20%
  • Final Exam 40%

Materials

REQUIRED READING:

Paul Krugman, Robin Wells, Iris Au, Jack Parkinson, Microeconomics:  Canadian Edition, Second Edition, Worth publishers, 2014

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