Economics
101-1
Principles
of Microeconomics
Summer
2004
http://www.econ.iastate.edu/classes/econ101/dan/
Meeting
days: M-T-W-R-F (11.00AM – 12.00PM) at ROSS
H 0124 starting
Instructor: Arpan Dan
Office Phone:
294-4138
Email: adan@mail.adp.iastate.edu
(Please include in subject: Econ101)
TA hours:
1.
Michelle
Mireault
(hours: 10.00am - 10.50am and 12.10pm – 1.00pm M-Tu (tentative)
location: Curtiss 20 Help Room )
1.
Email: mireault@iastate.edu
2.
Qian
Wang (hours: 12.15pm – 2.00pm W-Th-F (tentative)
location: Econ help Room 20 Curtiss Hall )
1.
Email: wangqian@iastate.edu
All
questions regarding homework, classwork and doubts can
be addressed to the respective TAs
Required Text: MicroEconomics,
Updated 2e. by Hall and Lieberman.
Optional : CD provided with the text book.
Web Site: www.economicsplace.com
Topics
1. Introduction
and tools for economics Chapters
1
2.
Scarcity, choice and economic systems Chapter
2
3.
Understanding supply and demand Chapter
3
4.
Working with Supply and Demand Chapter
4
5. Consumer
choice Chapter
5
6.
Production and cost Chapter
6
7.
Profit maximization Chapter
7
8.
Markets: Perfect Competition Chapter
8
9.
Monopoly Chapter
9
Tentative
schedule:
10.
Monopolistic competition
11.
Labor Markets
Grades:
Your grade will be determined by a
composite score of in-class assignments/exams (40%), homework (30%), article
review (10%) and class participation(including an in-class presentation in
groups) (20%). This is tentative and may change as the course progresses.
Academic Integrity:
All violations of academic integrity
(as defined in the University handbook for students) are taken very seriously,
and will be reported to the appropriate committee.
Attendance:
Attendance
in lectures is very strongly recommended especially since there would be in
class quizzes (and because quite a bit of the
material covered in the lectures is not to be found in the text).
It is your responsibility to find out what was covered if you do miss a
lecture. Also you can earn participation points by being in class and
contributing to the discussions in class.
Contact information:
If
you need to get in touch with me, your best bet is to send me an e-mail. Do not
leave telephonic messages.
In class assignments and homeworks:
1.
Exams and in-class assignments will be usually
multiple choice and short answer. I do
not give make-up exams. Always bring
a calculator in class.
2.
Homework not turned in by the beginning of
class the day it is due will be worth half of the points it earned. Late homework will be accepted for half
credit up to the last day of class. If
you know you will miss class on a due date, homework can be turned in early to
any of the TAs. (Please arrange it with the TAs in time). In order for a homework to merit grading all problems must be attempted
(at least a well thought out guess) and done neatly.
Homework assignments will be listed in the main page.
3.
Article
Review The
assignment is to do a Wall Street Journal/any economic article review (article
must have a length equivalent to one column top to bottom). You may find
economic papers/articles at http://www.jstor.com/
1.
The review (typed, double spaced, 2 pages min/4
max and a title page). Be sure to attach
the article to the review. (printout/photocopy)
2.
should include a summary of the article
3.
an explanation to what microeconomic topic it
refers to and why
4.
an economic personal opinion of the article
5.
An excellent paper would attempt to explain
points brought up in the article with a graph of a simple economic model.
6.
The article review may be turned in any time
after the 3rd week of class. Some of the better articles would be
used for in-class discussions.
4. Class participation
would include an in-class presentation of
any economic situation or topic. You can select a paper from http://www.jstor.org/ or from any other source
and make a presentation in class. Details will follow soon.