Fall 2023 - ECON 103 D900
Principles of Microeconomics (4)
Class Number: 3007
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 course is designed to provide a sufficient understanding of the fundamental principles of microeconomics and the basic mathematical models utilized in building this understanding. The fundamental principles include propositions about individual behavior, theories related to firms including an extensive discussion of costs and market structure, output of firms, equilibrium, the organization of economic activities including supply and demand as well as the impact of externalities, examination of the factor markets, and an examination of public goods/common resource goods.
- Class Participation/Discussions 20%
- Canvas Quizzes 15%
- Open Book/Note Mid Term Exam 25%
- Open Book/Note Final Exam (cumulative) 40%
Principles of Microeconomics, Canadian Edition, 1st edition by Milligan, et. al.
REQUIRED READING NOTES:
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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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Students with a faith background who may need accommodations during the semester 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.