Simon Fraser University
Engaging the World

Course Outlines

Fall 2025 - ECON 103 D200

Principles of Microeconomics (4)

Class Number: 1046

Delivery Method: In Person

Overview

  • Course Times + Location:

    Sep 3 – Dec 2, 2025: Tue, 1:30–2:20 p.m.
    Burnaby

    Sep 3 – Dec 2, 2025: Thu, 12:30–2:20 p.m.
    Burnaby

  • Exam Times + Location:

    Dec 4, 2025
    Thu, 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:

No prerequisites. Students with credit for ECON 200 cannot take ECON 103 for further credit.
Quantitative/Breadth-Soc.

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.

A weekly lecture schedule with lecture slides will be available on Canvas. TA information and office
house will also be made available on Canvas.

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. To receive a tutorial participation grade, you
must attend the tutorial for which you are registered.

Topics Covered
What is Economics           
The Economic Problem       
Demand and Supply          
Elasticity                          
Efficiency and Equity         
Utility and Demand           
Output and Costs              
Perfect Competition           
Monopoly                          
Monopolistic Competition   
Oligopoly      
Competition Policy

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

RECOMMENDED READING:

Parkin & Bade, Microeconomics: Canada in the Global Environment 12/E

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

At SFU, you are expected to act honestly and responsibly in all your academic work. Cheating, plagiarism, or any other form of academic dishonesty harms your own learning, undermines the efforts of your classmates who pursue their studies honestly, and goes against the core values of the university.

To learn more about the academic disciplinary process and relevant academic supports, visit: 


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.