Simon Fraser University
Engaging the World

Course Outlines

Fall 2024 - ECON 103 D200

Principles of Microeconomics (4)

Class Number: 2753

Delivery Method: In Person

Overview

  • Course Times + Location:

    Sep 4 – Oct 11, 2024: Tue, 11:30 a.m.–1:20 p.m.
    Burnaby

    Oct 16 – Dec 3, 2024: Tue, 11:30 a.m.–1:20 p.m.
    Burnaby

    Sep 4 – Dec 3, 2024: Thu, 11:30 a.m.–12:20 p.m.
    Burnaby

  • Exam Times + Location:

    Dec 17, 2024
    Tue, 7:00–9:00 p.m.
    Burnaby

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 class is designed to introduce students to the basic concepts of microeconomic theory. The course develops core principles of economic thinking, which include preferences, constraints, optimization, and equilibrium. Additional topics include theories of competition and monopoly, elementary game theory, and an introduction to competition policy.

Tutorials
Tutorials begin the second week of classes and meet for one hour each week. You will work through selected problems at the end of each Chapter in the textbook.

Topic Covered 

What is Economics         

 

Chapter 1

The Economic Problem 

 

Chapter 2

Demand and Supply       

 

Chapter 3

Elasticity                       

 

Chapter 4

Efficiency and Equity     

 

Chapter 5

Utility and Demand        

 

Chapter 8

Output and Costs            

 

Chapter 10

Perfect Competition        

 

Chapter 11

Monopoly                      

 

Chapter 12

Monopolistic Competition

 

Chapter 13

Oligopoly                      

Competition Policy

 

Chapter 14

Academic Dishonesty

Students are expected to read and understand SFU’s academic dishonesty policies. For information concerning these policies, see: http://www.sfu.ca/policies/gazette/student.html.

Academic dishonesty in this course can result in an F grade with a note on the transcript indicating the failing grade was due to academic dishonesty.





 

Grading

  • Quizzes 15%
  • Tutorial Participation 5%
  • Term Test 30%
  • Cumulative Final Exam 50%

NOTES:

There will be no make-up tests. If the term test is missed, or if you do poorly on it, the weight of it will be transferred to the final exam — this means the final exam will count for 80% of your final grade.

Materials

REQUIRED READING:

Parkin & Bade, Microeconomics: Canada in the Global Environment 12th edition, Pearson /ISBN: 9780136692478


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.