Introduction to Microeconomics: ECN 102

Instructor: Mohammad Idrees

Course Description: An introduction to Microeconomics, concerned how the economic system of American capitalism determines what products and services are produced, how they are produced and the way in which their benefits are distributed. Included are a detailed analysis of the tools of supply and demand, the operation of industries with different characteristics, and the determination of wages. Focus is placed on understanding public policy designed to effect the operation of the market system.

Prerequisite: Completion of ECN 100 with a minimum grade C- or eligibility for MTH 095

Course Objective: The course is designed for understanding of

1.       The law of supply and demand and other basic economic concepts

2.       The working of American economic system in general

3.       Elasticity of demand and supply

4.       Production and cost analysis

5.       Monopoly, monopolistic competition, oligopoly and antitrust regulations

6.      International trade and economic development

Textbook and Supplementary Material

Required:

1.       Microeconomics, 9^th edition by Roger A. Arnold, South-Western College Publishing

ISBN: 978-0-324-78549-4 (Text book only)

2.       Access Code: You need access code for Microeconomics, 9^th ed., Arnold, 2010 WebTutor ToolBox
Publisher: Thomson Learning Web Tutor ToolBox
Author: Arnold

(The Access key that you are going to buy is used for Blackboard Learning System™ Vista or CE License (formerly WebCT) Online course. If you do not know which version your course is using, open the course and check the product information at the bottom of the Announcements page)You may buy the access code on line by clicking here online

Recommended: The Wall Street Journal

Suggested: Companion: A Student’s Guide to Online Success 2005 Ed. by Watkins and Corry,

Houghton Mifflin Co. ISBN: 0-618-379703

(Textbook with WebCT Access Code card and the Study Guide Available from HCC Bookstore)

NOTE: You may buy text book chapters by clicking:

http://www.ichapters.com/tl1/en/US/storefront/ichapters;CMGTJSESSIONID=GThyKZbJTx3ZlGM3bqdf19DV3xp2HlQrt0HKcqph5gWS9Sv8wqTY!2103851719!49349487?cmd=catAdvancedSearch&OP=search&fieldName=All&fieldValue=9780324785494

Method

Students are required to read the assigned chapters of the textbook, submit assignments, write term paper and take exams

Assignments

1.       All assignments are listed in the syllabus at the begining of the course.

2.       Email assignments must be submitted via email.

3.       Discussion  Assignments must be discussed in the Discussion Area

Exams 

1.       Three Online Exams will be given: Two exams during the semester and one final.

2.       Each exam will be of two hours duration.

Performance Evaluation

Final Grade: Following points would constitute the final grade: Please note that Email and Discussion assignments points may change depending on the topic of assignment

Extra Credit (optional)

Students can also earn extra 10 credit points for the following assignments