Spring 2023 - ECON 103 D100
Principles of Microeconomics (4)
Class Number: 3130
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 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
- Assignments 10%
- Tutorial Participation 10%
- Midterm Exam 35%
- Final Exam 45%
- Allen, Economic Literacy: A Different Approach to Economic Principles. McInnes Creek Press, Third Edition 2021.
Voltaire, Candide, 1947, Penguin Classics.
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 firstname.lastname@example.org.
***NO TUTORIALS DURING THE FIRST WEEK OF CLASSES***
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