Intro. to MICROECONOMICS - ECON 201 Syllabus Last updated: Dec. 18, 2014

Phil Martinez, Instructor

CEN 419C
Office Phone: 541-463-5158
Office Hours: MWF 11-12, TTh 10-11:30, or appt.

E-mail: martinezp@lanecc.edu
Web Site: http://media.lanecc.edu/users/martinezp/201/ECON201syl.htm

This is the second course of the three principles of economics courses offered at LCC. This course introduces students to the foundations of microeconomic theory. The course is designed to provide an understanding of the strengths and weaknesses of microeconomic analysis. Course material covers the following topics: the basic methods used in microeconomic analysis, consumer behavior, production and cost theory, perfect competition, market imperfections and failures, the role of government. If time permits one or more of the following topics will be covered: environmental economics, income distribution, and the labor process and labor market.

COURSE OBJECTIVES

This course is designed to introduce students to the theoretical assumptions and framework of the market economy as well as to prepare students for the final principles of economics courses offered at LCC (ECON 202-Macroeconomics). It is my goal to make all of the material understandable and relevant.

REQUIREMENTS

Attendance is not required and will not be used as criterion for grading. However, economics is a difficult class to learn purely by reading the text. In my experience, students who miss classes consistently score lower on exams.

Examinations must be taken at the scheduled time. Make-up exams will only be given under exceptional circumstances, and you must notify me before you miss the exam. There will be three exams: two midterms and a final.

Homework: Several ungraded homework sets will be distributed. These assignments will be very useful in learning the details of microeconomic graphical analysis. Solutions sheets will also be distributed.

Grading: Grades will be on a percent basis, with pluses and minuses within these ranges:

All other grade options (Pass/No Pass, Incomplete, Audit, Y) are the responsibility of the student. Students wishing to drop the course must call Class Line and notify the instructor. An Incomplete (I) will be given only with the written request of the student.

Required Readings: Students are expected to read all of the assigned readings and are responsible for all of the material covered in each reading assignment.

Required Text: The Economy Today, Principles of Econ.,  Introduction to Microeconomics, 201, Schiller, Custom Paperback or The Economy Today, 13th Ed., Schiller, 2013. The 12th Edition (2010) is also acceptable and cheaper if you can find it.

Disability Services: If you need support or assistance because of a disability, you may be eligible for academic accommodations. For more information, contact Disability Services at (541) 463-5150 (voice) or 463-3079 (TTY), or stop by Building 1, Room 218." Contact: Nancy Hart, ext. 3010.