Microeconomics

Course Description

This course is an introduction to Principles of Microeconomics which focuses on the economic analysis of the choices made by individuals and businesses. Topics include scarcity, specialization and trade, market equilibrium, elasticity, production and cost theory, market structures, markets forces, and causes of market failure. This course can be taken before, after, or along with ECON 001.

Beamer Lectures

Q&A about Beamer

What is Beamer?

Beamer is a LaTeX document class for creating presentation slides. LaTeX's software system is great for standardizing themes.

How are lectures organized?

Each chapter has three sets of slides- a Beamer Slide, Student Slide, and Presentation Slide. Students will be provided with both the Beamer and Student Slide.

How are the slides organized?

All of the slides have a list of objectives, table of context, sections, subsections, review and practice, and a list of notations, some of which are hyperlinked for easy navigation.

How is Beamer unique?

I use Beamer because LaTex makes it easy to break down every frame, automate themes, helps make dynamic graphs, and produces some of the best fonts for math.

Ch1Beamer.pdf

Beamer Slides

The slide above is an example of what you can expect in our class. This is a complete template for Chapter 1. Students can follow along with our lesson plan by filling in the blanks using their student slides.

Ch1Student.pdf

Student Slides

This is an example of what students will get during lectures. It is a fill-in-the-blank template for chapter 1. This will help standardize note-taking and give students time to actively listen, participate in discussions, and take notes.

Ch1Present.pdf

Presentations

This is a presentation template for chapter 1. This is an example of how frames will be broken down for every lecture. This makes it easy for students to digest the entire slide while allowing them to actively listen.

Assignments

Math Homework

Homework 1 Compacted.pdf

Group Reading

Richest Man.pdf

Course Syllabus

Course Description

Course Requirements

Recommended Textbook: Principles of Economics, (anonymous author) ISBN: 978-1-946135-16-2, Creative Commons Copyright, 2016 by University of Minnesota Textbook
Note-taking supplies (pencils, ruler, calculator, laptop, etc.) If you have access to a printer, I recommend printing the student lecture slides before lectures.
Internet access

Note: The textbook is available as an electronic version for free. The textbook will mainly be used as supplemental reading for this course. No hard copies will be available at the reserve desk in the CMC library.

Student Learning Objectives

Analyze economic models related to choice, scarcity, and maximization for individuals and firms.
Appraise the impact of determinants on the product market.
Describe the characteristics of firms in perfect competition, monopolistic competition, oligopoly, and monopoly.
Appraise the impact of determinants on the resource market.
Evaluate the impact of government policy actions on free market operations in order to identify positives and negatives and to appraise efficiency versus fairness issues.

Methods of Evaluation

Participation

For online courses, you will be required to make weekly attendance check-ins within specified discussions. Each weekly check-in will be worth 5.5 points total. Make sure to check every weekly module and participate in your weekly attendance for its scheduled week.

Late Assignments

All due dates for assignments will be available on Canvas. Late work will only be accepted for math homework assignments and will be accepted no later than their corresponding midterm for a maximum of 50%. In order to accommodate for the small and unexpected events in life, everyone will be given two (2) one-week extendable assignments without question or proof of reason. Just email me and ask for an extension. All other excused late assignments, such as weekly attendance, math homework, group discussions, and quizzes, must be accompanied by proof of illness or emergency for full credit. No extensions apply to midterms or finals.

Grading Schedule

Grading Scale

Course grades will be calculated as the following:

Final Exams Week

For finals week, the class will not be held in person. Our final exam will be provided online on Canvas during CMC's Final Exam Schedule. The final exam is accumulative.

Tentative Schedule

Each week covers one or two chapters. You will do the following:

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