Fall 2020 - ECON 103 D100

Principles of Microeconomics (4)

Class Number: 2222

Delivery Method: In Person


  • Course Times + Location:

    Sep 9 – Dec 8, 2020: Mon, 10:30 a.m.–12:20 p.m.

    Sep 9 – Dec 8, 2020: Wed, 10:30–11:20 a.m.

  • Exam Times + Location:

    Dec 14, 2020
    Mon, 12:00–3:00 p.m.



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.


This course is designed with two main goals in mind. The primary purpose of the course is to provide a sufficient understanding of the fundamental principles of economics. This includes propositions about individual behavior, output of firms, market structure, and the organization of economic activity. However, I also want to convince you that economics is an interesting field of study, and I intend to do this with a wide variety of examples. Throughout this course we will constantly apply economics to every aspect of your life. I hope to surprise you, perhaps offend you, and ultimately whet your intellectual appetite towards economics. 

Topics:     Maximization, Preferences, Demand, Exchange, Cost, Production, Price Taking, Interest, Labor, Price Searching



  • Assignments 10%
  • Lecture/Tutorial Participation 10%
  • Midterm exam 35%
  • Final exam 45%



D. Allen, Economic Literacy: A Different Approach to Economic Principles. McInnes Creek Press, 2nd Edition, 2020. Available Only at www.sfu.ca/~allen

Voltaire, Candide, 1947, Penguin Classics.

Department Undergraduate Notes:

Please note that, as per Policy T20.01, the course requirements (and grading scheme) outlined here are subject to change up until the end of the first week of classes.

Starting Fall 2020, final exam schedules will be released in October. This will allow students to avoid enrollment conflicts, and will significantly reduce instances of exam hardship. If your course has a final exam, please ensure that you are available during the final exam period December 9 - 20 until you receive confirmation of your exam dates. 

Students requiring accommodations as a result of a disability must contact the Centre for Accessible Learning (CAL) at 778-782-3112 or caladmin@sfu.ca.


Registrar Notes:


SFU’s Academic Integrity web site http://www.sfu.ca/students/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


Teaching at SFU in fall 2020 will be conducted primarily through remote methods. There will be in-person course components in a few exceptional cases where this is fundamental to the educational goals of the course. Such course components will be clearly identified at registration, as will course components that will be “live” (synchronous) vs. at your own pace (asynchronous). Enrollment acknowledges that remote study may entail different modes of learning, interaction with your instructor, and ways of getting feedback on your work than may be the case for in-person classes. To ensure you can access all course materials, we recommend you have access to a computer with a microphone and camera, and the internet. In some cases your instructor may use Zoom or other means requiring a camera and microphone to invigilate exams. If proctoring software will be used, this will be confirmed in the first week of class.

Students with hidden or visible disabilities who believe they may need class or exam accommodations, including in the current context of remote learning, are encouraged to register with the SFU Centre for Accessible Learning (caladmin@sfu.ca or 778-782-3112).