Summer 2021 - ECON 103 D100

Principles of Microeconomics (4)

Class Number: 2771

Delivery Method: In Person

Overview

  • Course Times + Location:

    May 12 – Aug 9, 2021: Mon, 10:30 a.m.–12:20 p.m.
    Burnaby

    May 12 – Aug 9, 2021: Wed, 10:30–11:20 a.m.
    Burnaby

  • Exam Times + Location:

    Aug 12, 2021
    Thu, 8:30–11:30 a.m.
    Burnaby

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 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 and monopoly; 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, and stable internet connection

Topics (delivered through live-stream lectures)

  • Basic Economic Concepts
  • Demand, Supply and Prices
  • Elasticity
  • Government Market Interventions
  • Consumer Behavior
  • Producers in Short Run & the Long Run
  • Market Structures and Market Failures (if time permitted)

Grading

  • Two midterms 40%
  • Online quizzes 15%
  • Online participation 20%
  • Final exam 25%

Materials

REQUIRED READING:

Paul Krugman, Robin Wells, Iris Au, Jack Parkinson, Microeconomics: Third Canadian edition (e-book), Worth Publishers, 2018
*** Sapling not required ***


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.

Final exam schedules will be released later in the semester. 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 (August 10th -20th) 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.

***NO TUTORIALS DURING THE FIRST WEEK OF CLASSES***

Registrar Notes:

ACADEMIC INTEGRITY: YOUR WORK, YOUR SUCCESS

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 SUMMER 2021

Teaching at SFU in summer 2021 will be conducted primarily through remote methods, but we will continue to have in-person experiential activities for a selection of courses.  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).