Summer 2020 - ECON 103 D900
Principles of Microeconomics (4)
Class Number: 1797
Delivery Method: In Person
Course Times + Location:
We 12:30 PM – 2:20 PM
REMOTE LEARNING, Burnaby
Fr 12:30 PM – 2:20 PM
REMOTE LEARNING, Burnaby
Exam Times + Location:
Aug 14, 2020
8:30 AM – 11:30 AM
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.
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.
Required Technologies: Computer with a webcam and microphone/speaker, video player and stable internet connection
Topics (delivered through both live-stream lectures and lecture videos):
- Basic Economic Concepts
- Demand, Supply and Prices
- Consumer Behavior
- Producers in Short Run & the Long Run
- Market Structures
- Market Failures and Government Intervention
- Two midterms 40%
- Quizzes 20%
- Online participation 10%
- Final exam 30%
Paul Krugman, Robin Wells, Iris Au, Jack Parkinson, Microeconomics: Third Canadian edition, (eBook), Worth publishers, 2018.
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.
Students requiring accommodations as a result of a disability must contact the Centre for Accessible Learning (CAL) at 778-782-3112 or firstname.lastname@example.org.
***NO TUTORIALS DURING THE FIRST WEEK OF CLASSES***
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TEACHING AT SFU IN SUMMER 2020Please note that all teaching at SFU in summer term 2020 will be conducted through remote methods. Enrollment in this course 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.
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 (email@example.com or 778-782-3112) as soon as possible to ensure that they are eligible and that approved accommodations and services are implemented in a timely fashion.