## New Room for Final

The University has moved our final! It will be in PC-213. The date and time remain the same: 5pm, Tuesday, April 23.

## Class Times

The class meets Tuesday and Thursday from 5:00pm to 6:15pm in GC-279B.

## Textbook

• Goolsbee, Levitt, and Syverson Microeconomics, 2nd ed. Worth Publishers, 2015.

If you have a copy of the 1st edition, you may use that.

## Office Hours and Contact Info

### Office Hours

If you have questions, you may ask immediately after class, or come to my office. Regular office hours are 1:00-1:45pm and 3:30-4:30pm on Tuesdays and Thursdays. I will be happy to make an appointment for another time if that is more convenient. My office is DM-311A, my phone number is 305-348-3287, and my email is <boydj@fiu.edu>.

## TA Information

The TA is Ehsan Asghari Ghara. His office hours are 10am--3pm on Fridays, in the Economics Tutoring Center (VH-136). His email is <easgh001@fiu.edu>

Your grade will be based on biweekly quizzes and a final exam. There is no midterm.

### Quizzes

Six short quizzes will be given during the last 30 minutes of class on every other Thursday beginning Jan. 25. In other words, the quizzes will be on Jan. 24, Feb. 7, Feb. 21, Mar. 7, Mar. 28, and Apr. 11. The quizzes will be over the material covered in the previous two class weeks. Your lowest quiz score will dropped, and your total quiz grade will be based on your top 5 quiz scores. Your quiz letter grade will count for 70% of your course grade.

### Final Exam

The final will be in a different room, PC-213, at the officially scheduled time: Tuesday, April 23, at 5pm. It will be comprehensive. The final counts for 30% of your course grade.

The final will likely consist of approximately 35 multiple choice questions.

I average your letter grades for the quizzes and final using weights of 70% and 30%. To do this, I convert letter grades to numbers using a 12-point scale. Thus A+ = 12, A = 11, A-=10, etc., with F = 0. For example, if you got a B (=8) on the quizzes and an A (=11) on the final, your average is .7*8 + .3*11 = 8.9. This rounds to 9, which is a B+.

As of Fall 2016, the official FIU grading scale does not include A+, C-, D+, or D- as course grades. Those have been rounded appropriately to obtain the official course grade.

## Course Outline and Schedule

This course covers microeconomics: supply and demand, consumer choice, cost and production, competitive and non-competitive markets, and a short introduction to game theory.

### Tentative Schedule

The plan is to cover about a chapter per week. As we proceed through the course, the dates and list of chapters covered will be updated to show what we actually did. You will get more from the course if you start reading the chapters by the time we start them.

Quiz days are denoted by an asterisk (*).

Jan. 8: Chapter 1: Adventures in Microeconomics Chapter 2: Supply and Demand Chapter 3: Using Supply and Demand to Analyze Markets Chapter 4: Consumer Behavior Chapter 5: Individual and Market Demand Chapter 6: Producer Behavior Chapter 7: Costs Chapter 8: Supply in a Competitive Market I Chapter 9: Market Power and Monopoly Chapter 10: Market Power and Pricing Strategies Chapter 11: Imperfect Competition Chapter 12: Game Theory

## Policies

### Missed Quizzes and Exams

Since your grade is based on the top 5 quizzes, you are allowed to miss one quiz without penalty. If you miss a second quiz, you should contact me as soon as possible to arrange a makeup. Missing three or more quizzes or the final will mean an automatic F in the course.

### Incompletes

We strictly follow university policy on incompletes. This means that incompletes will only be considered when an emergency prevents you from attending the final exam.

While you may use a calculator on quizzes and exams, any other use of computers, notes, books, or advice from others during quizzes or exams is considered cheating and will be dealt with accordingly. See the university policy on Academic Misconduct, sec. 2.44 for more details.

## Important Dates

Jan. 8
Classes begin
Jan. 14
Last day to drop with full refund
Feb. 1
Last day to drop with 25% refund
Feb. 1
Last day to apply for Spring Graduation
March 11-16
Spring Break (no class)
March 18
Last day to drop with DR
April 20
Last day of regular classes
April 22-27
Finals Week
April 23
Intermediate Micro Final at 5pm in PC-213
May 3