Description:
This course analyzes the decision making of individual households and firms in a market economy, with an
  emphasis on the use of the price mechanism to allocate resources. In the course the students will learn
  fundamental economics concepts: opportunity cost, Pareto efficiency, marginal analysis, demand and supply,
  and the exploitation of gains from trade in the market, and the important methods economists use to study economic
  issues: cost and benefit analysis, marginal analysis, market equilibrium, and optimization.

Required Text:
Principles of Microeconomics, 6th Canadian Edition. Nelson, 2014, by Mankiw, Kneebone, and McKenzie

Recommended Text:
Microeconomics by Jeffrey M. Perloff  

Grading:

Homework Assignment: 10%
  Midterm: 35%
  Final Exam: 55%- final is cumulative.
  There are no make-up midterm exams, if you miss a midterm exam, the weight will be transferred to the final.
  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.