Principles of Microeconomics, ECO-2023.B52
SPRING 2018 Syllabus
Instructor: Dino Siervo
Class Room: AC2-110
Office: ACI-352
Phone: 305-348-2316
Email:
Web: http://ecampus.fiu.edu (Blackboard)
Office Hours: Tuesdays and Thursdays, 9:50-10:30 a.m., and 12:15-12:45 p.m.
Textbook: Microeconomics by R. Glenn Hubbard and Anthony Patrick O’Brien, (Pearson Prentice Hall, Sixth Edition)
Tentative Course Outline (Subject to Change):
Jan. 9-11 Introduction, Chapters 1, 2
1/16-1/18 Chapter 3 Homework EconLab (Chapters 1, 2)
1/23-1/25 Chapter 6 Homework EconLab (Chapters 3, 6)
1/30-2/1 Chapter 6, Review
Feb. 6 Exam # 1 [Chapters 1,2,3,6]
2/08 Chapter 10 Homework EconLab (Chapter 10)
2/13-2/15 Chapter 10-11 Homework EconLab (Chapters 11)
2/20-2/22 Chapter 11-12 Homework Econ Lab (Ch. 12)
2/27-3/1 Chapter 12, Review
Mar. 6 Exam # 2 [Chapters 10,11,12]
Mar. 8 Chapter 4 (pages 101-109 only)
3/12-3/18 SPRING BREAK
3/20-3/22 Chapter 12(Sec.12.6) Homework EconLab (Chs.4. 12.6)
3/27-3/29 Chapter 13
4/3-4/5 Chapter 13 Homework EconLab (Chapter 13)
4/10-4/12 Chapter 14 Homework EconLab (Chapter 14)
4/17-4/19 Chapter 15 Homework EconLab (Chapter 15)
4/24-4/26 Chapter 17, Review
May 3 Exam # 3 (Final Exam), 9:45 a.m.
Course Objectives:
The objective of this course is to provide the student with an understanding of how the U.S. and other national economies operate. You will learn and apply concepts pertaining to your surrounding economies, such as: interaction of supply and demand within markets; role of the government in the economy; rationale behind taxation systems; cost structures, production levels and types of markets and many more.
General Education Outcomes:
Economics is the study of the allocation of scarce resources among competing uses, either through conscious public policy or through market forces The course will help students familiarize with the use of quantitative analytical skills to evaluate and process statistical/economic data. This will be useful in evaluating alternative methods of achieving society’s goals and objectives. As a corollary, they will be able to communicate more effectively in topics related to economic and business issues. The course will also offer economic decisions and growth perspectives from the United States and other world economies. This will provide students with knowledge on other countries and their culture in formulating strategies and policies.
Course Study Modality:
In addition to class lectures, students are strongly encouraged to work through MyEconLab, an online suite of tools that provides problem solving for students. Specific homework tasks will be assigned throughout the course, including practice quizzes under MyEconLab.
Students also have the course problems and exercises at the end of each chapter in the textbook. Students can access solutions to end-of-chapter problems in the Study Plan section of MyEconLab. This interactive study guide also provides additional resources such as PowerPoint slides and Notetaker files, and eText online.
Information on options of how you can purchase your textbook package for this course can be viewed at http://www.mypearsonstore.com/bookstore/microeconomics-plus-myeconlab-with-pearson-etext-1-0134435052. The bookstore will carry the student value edition plus MyEconLab access card package, at a lower price than the textbook edition.
Bonus Points:
A two-pages paper analyzing microeconomics concepts learned from course material and current microeconomic issues in news/articles from selected newspapers (Wall Street Journal, Financial Times) or magazines (The Economist, Business Week, and others). Papers can be submitted at any time during the semester up to the last day of class (April 26). The paper can provide you up to 4 points to your final grade. Papers will be accepted during class time only. None will be accepted at exam date. Also, attendance and homework completion will add 2 points to your final grade. Class participation will be used to determine borderline grades.
Examinations and Grading Policy:
Examinations must be taken in the assigned dates. There will be no make-up exams except under extreme circumstances, an emergency which must be reported on or before the exam date. The weight of grading will be calculated as 33 percent for each exam including the final. If you have a good reason for missing Exams 1 or 2, please contact me. In that case, your grade point weight will be based on one exam and the final, or 50 percent each. If you miss the Final exam you will get a zero and your grade will be computed on the basis of Exams 1 and 2, for a total grade weight of only 66 percent. Your grade is decided using the FIU grading scale according to your cumulative final points in the course: 93-100 A; 90-92 A-;87-89 B+;83-86 B;80-82 B-;77-79 C+;70-76 C;60-69 D;59.9 and below F.
Students admitted to the College of Business, please read guidelines shown below:
"For all FIU students admitted to the College of Business for the Fall 2016 and later terms, the GPA earned for the seven Common Prerequisite Course credit hours must be 2.5 or higher. Additionally, students must earn a “C” in each of the seven lower-division Common Prerequisite Courses. Each of these courses cannot be attempted more than twice. Drops after the add/drop period, which result in a DR grade, are considered an attempt in the course and count as an unsuccessful enrollment."
Classroom Etiquette:
Please refrain from bringing food or drinks into the classroom. Please turn off cellular phones, Smart phones, iPads. You are expected to arrive to class on time, leave when class has concluded, and treat others respectfully by not talking during class sessions.
Important Dates:
January 16…...…………… Last day to drop with full refund
February 25….... ………… Last day to drop with a 25% refund
March 12-18……………… Spring Break
March 19….....…………… . Last day to drop a course with a DR grade
April 26……... ……………..Last day of class
May 3………….……………..Final Exam at 9:45 a.m., same room
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