EconS 101 – Fundamentals of Microeconomics, Fall 2024

Meeting Time: Tuesdays and Thursdays at 1:30pm PT (CUE 203)

Syllabus

CH 1: First Principles (week 1)

CH 2: Economic Models (week 2)

CH 3: Supply and Demand (week 3)

CH 4: Consumer and Producer Surplus (week 4)

CH 5: Price Controls and Quotas. (week 5)

Review Session (Tuesday September 17th)

Midterm #1 (in class):

CH 6: Elasticity: definitions and applications (week 6 and 7)

CH 7: Taxes – efficiency and fairness (week 7)

CH 9: Decision Making (week 8)

CH 10: Externalities (week 9)

CH 11: Public Goods and Common Resources (week 10)

CH 12: The Economics of the Welfare State (week 11)

Review Session (Tuesday October 29th)

Midterm #2 (in class):

CH 13: The Rational Consumer (week 12)

CH 14 and 15: The Production Decision (week 13)

Chapter 16: Monopoly (week 14)

Chapter 17: Oligopoly (week 15)

Review Session – December 3rd

Final Exam (in class): December 11th, from 1:30pm. to 3:30p.m.

Assignments- Due dates [Students are required to register in Achieve Macmillan Learning webpage (you will find it in Canvas) to answer problem sets]

HW1-Ch. 1: First Principles08/28
HW2-Ch. 2: Economic Models09/04
HW3-Ch. 3: Supply and Demand09/11
HW4-Ch. 4: Consumer and Producer Surplus09/18
HW5-Ch. 5: Price Controls and Quotas09/23 (Monday)
HW6-Ch. 6:  Elasticity10/02
HW7-Ch. 7: Taxes10/09
HW8-Ch. 9: Decision Making10/16
HW9-Ch. 10: Externalities10/23
HW10-CH11: Public Goods and Common Resources10/30
HW11-CH12: The Economics of the Welfare State11/04 (Monday)
HW12-CH13: The Rational Consumer11/13
HW13-CH14 & 15: The Production Decision11/20
HW14-CH16 & 17: Monopoly & Oligopoly12/06 (Friday)

Quizzes- Due dates [Students are required to register in Achieve Macmillan Learning webpage (you will find it in Canvas) to answer quizzes]

Quiz. 1: Chapters 1 and 209/08
Quiz. 2: Chapters 3 and 409/22
Quiz. 3: Chapters 5 and 610/06
Quiz. 4: Chapters 7 and 910/20
Quiz. 5: Chapters 10 and 1111/03
Quiz. 6: Chapters 12 and 1311/20

Grading scale:

A88-100C55-59
A-80-87C-50-54
B+74-79D+45-49
B70-75D40-44
B-65-69F0-39
C+60-64