Spring 2022 - ECON 103 D900
Principles of Microeconomics (4)
Class Number: 3727
Delivery Method: In Person
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 is an introduction to microeconomics, a study of how people and firms behave and how they interact with each other. We will start with a small set of basic propositions (the principles) and learn how to put them together to create a surprisingly powerful, interesting and useful collection of theories that explain individual behaviours, group interactions, social practices and institutions, all the way to the most general ideas about how the world works.
- Maximization and Substitution
- The Law of Demand
- Demand and Exchange
- Cost and Cost Curves
- Supply and Market Equilibrium
- Choice over Time
- Labour Markets
- Market Power
- Imperfect Competition
- Online Quizzes 10%
- Assignments 25%
- Midterm Tests 25%
- Final Exam 40%
Douglas Allen, Economic Literacy: A Different Approach to Economic Principles, McInnes Creek Press, 2019.
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 during the second month of classes. If your course has a final exam, please ensure that you are available during the entire final exam period 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 firstname.lastname@example.org.
***NO TUTORIALS DURING THE FIRST WEEK OF CLASSES***
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TEACHING AT SFU IN SPRING 2022
Teaching at SFU in spring 2022 will involve primarily in-person instruction, with safety plans in place. Some courses will still be offered through remote methods, and if so, this will be clearly identified in the schedule of classes. You will also know at enrollment whether remote course components will be “live” (synchronous) or at your own pace (asynchronous).
Enrolling in a course acknowledges that you are able to attend in whatever format is required. You should not enroll in a course that is in-person if you are not able to return to campus, and should be aware 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 may need class or exam accommodations, including in the context of remote learning, are advised to register with the SFU Centre for Accessible Learning (email@example.com or 778-782-3112) as early as possible in order to prepare for the spring 2022 term.