Description:
The primary objective of this course is to introduce students
to
fundamental tools of economic analysis. We will study the
choices that
individuals
and firms make and analyze how these choices are
connected
through market interactions. Although the course employs some
mathematics, the
main emphasis will be on the intuition behind the
economic
concepts. My objective is to show how understanding of
the
relationships that we
will examine in this class can be used not only in your
further
studies, but also to make sense of the world around you.
Required Text:
D. Allen, Economic Principles: Seven Ideas for
Thinking…About
Almost
Anything, 8th edition.
Recommended Text:
M. Parkin and R. Bade, Microeconomics: Canada in the
Global
Environment, 8th edition, Pearson.
This textbook is supported by a wide range of online study
materials.
Grading:
Two
Midterm
Exams, each worth 25%. Midterm
exams will be based on the lecture notes, readings assigned
from the
required textbook and questions from the end of the chapters
of the
text. There
are no
make-up midterm exams, if you miss a
midterm exam, the weight will be transferred to the final.
IMPORTANT: if
you are going
to miss the midterm you must provide documented evidence of
sickness or
other extenuating circumstances and you must INFORM ME
BEFORE THE DAY
OF
THE EXAM.
Final Exam
50% -
final is cumulative.