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Course Description & Syllabus

This course introduces you to the principles of microeconomics and enables you to understand and interpret economic events in the world around you. The main topics covered include behaviour of individual consumers and producers, determination of market prices for commodities and resources, trade, role of government policy, income inequality, market structures and the functioning of the market system.

Syllabus PDF 2017 Fall Course Syllabus for ECON 101

Governments Actions in Markets

Handbook of Economics Web Resource


 

Price Ceiling and Price Floors

 

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Market Failure, Taxes & Subsidies

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Taxes and Deadweight Loss

 

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Dead Weight Loss Externalities and Tax

 

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How to calculate Excise Tax and the Impact on Consumer and Producer Surplus

 


 

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Markets, Models & Measuring

Videos

Web Resources & Examples


 

How to Calculate Equilibrium Price and Quantity

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Why does the supply curve slope upward?

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Price Ceiling Rent Ceiling Dead Weight Loss Surplus

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Price Ceiling and Price Floors

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Consumer Surplus & Producer Surplus in Linear Demand & Supply Curves

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Math for Economics

Math for Economics Videos

 

Handbook of Economics Web Resource


MATH FOR ECONOMIST

Graphing a Linear Demand Curve

 

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How to Calculate Equilibrium Price and Quantity

 

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How to calculate percentage increase and decrease (used later for elasticity)

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Consumer Surplus & Producer Surplus in Linear Demand & Supply Curves

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Extra Resources

This pages within this section contain videos, examples and additional material for the six modules of the course.Videos provided are specific to topic that students have traditionally found a bit more challenging. Be sure to take a look at each of these in prep for the exam, assignments and discussions.

Assignments & Exams

ASSIGNMENTS

  Hand out to Students Due Date Return Assignment to Student Date
Assignment 1  Sept 26  Oct 5  Oct 10
Assignment 2  Oct 24  Nov 2  Nov 7
Assignment 3  Nov 14  Nov 30  at office before final exam

EXAMS

Final Exam Tutorials: Friday Dec 8 4pm and Monday Dec 11 2pm at CCC Classroom location TBA

Grade Calculator:

Input your grades into the green cells to review what grades you require to get a pass, B or A  – grade calc web

Objective: To provide students with practice answering short answer questions and quantitative problems associated with the major economic 101 concepts.

All assignments should include the following:

  • Title page with the assignment number and your name
  • Questions placed in the correct order
  • Show your work on the assignment and not just a single answer.
  • Paper size of 8 X 11, stapled (I don’t carry a stapler)
  • Neatly written or typed. Messy assignments will not be accepted.

You may work with others but you must complete your own work. If you have an answer that is too close to another student’s answer, you will both be given a 0 in the question without recourse. Assignments are due at the beginning of class.

No emailed assignments accepted!

Due dates/times will be posted on the assignments. Assignments are due at the beginning of class. Solutions to assignments will be posted via the course web site at the due date/time. Please note, to be fair to all students, late assignments are not accepted as the solutions are posted right after time/date due. There is no partial score for late submissions; you should regard assignments as helping you keep up with the course. There will be no makeup assignment, do overs or extra credit for missed assignments.