Spring 2025 - ECON 103 D100
Principles of Microeconomics (4)
Class Number: 1745
Delivery Method: In Person
Overview
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Course Times + Location:
Jan 6 – Apr 9, 2025: Mon, 10:30 a.m.–12:20 p.m.
BurnabyJan 6 – Apr 9, 2025: Wed, 10:30–11:20 a.m.
Burnaby
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Instructor:
Douglas Allen
allen@sfu.ca
1 778 782-3445
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. Quantitative/Breadth-Soc.
COURSE DETAILS:
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
Grading
- Assignments 10%
- Tutorial Participation 10%
- Midterm Exam 35%
- Final Exam 45%
NOTES:
Information regarding assignments will be discussed in the first class.
Materials
REQUIRED READING:
- Allen, Economic Literacy: A Different Approach to Economic Principles. McInnes Creek Press, 6th Edition 2024.
This book is available only at: https://www.sfu.ca/~allen/MCPPage20213.html
Voltaire, Candide, 1947, Penguin Classics. Freely available online
REQUIRED READING NOTES:
Your personalized Course Material list, including digital and physical textbooks, are available through the SFU Bookstore website by simply entering your Computing ID at: shop.sfu.ca/course-materials/my-personalized-course-materials.
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 caladmin@sfu.ca.***NO TUTORIALS DURING THE FIRST WEEK OF CLASSES***
Registrar Notes:
ACADEMIC INTEGRITY: YOUR WORK, YOUR SUCCESS
SFU’s Academic Integrity website 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
RELIGIOUS ACCOMMODATION
Students with a faith background who may need accommodations during the term are encouraged to assess their needs as soon as possible and review the Multifaith religious accommodations website. The page outlines ways they begin working toward an accommodation and ensure solutions can be reached in a timely fashion.