Preliminary syllabus, subject to change without notice. Note that quiz dates and the schedule have been updated due to Hurricane Irma.

Class Times

The class meets Tuesday and Thursday from 2:00pm to 3:15pm in GC-277.

Textbook

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 12:45-1:45pm and 3:30-4:15pm 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 Mohammad Khan. He is available in the Economics Tutoring Center (VH-136) from 2-5pm on Mondays and 9-11 am Tuesdays. His email is <mkhan095@fiu.edu>.

Grades

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. Except for the Irma delayed quiz, they will be given on Thursday. In other words, the quizzes will be on Sept. 19, Oct. 5, Oct. 19, Nov. 2, Nov. 16, and Nov. 30. 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. They will count for 70% of your grade.

Quiz and Exam Results

Updated November 17: Click here for all grades.

Quiz Answers

Links to quiz answers will be posted below.

  1. Quiz #1.
  2. Quiz #2.
  3. Quiz #3.
  4. Quiz #4.
  5. Quiz #5.

Final Exam

The final will be in our regular classroom (GC-277) at the officially scheduled time: Thursday, Dec. 14 at noon. It will be comprehensive. The final counts for 30% of your grade.

The final will consist of approximately 30-35 multiple choice questions and 1 or 2 short answer problems.

Course Outline and Schedule

This course covers microeconomics: supply and demand, consumer choice, cost and production, competitive and non-competitive markets.

Last semester's Detailed Outline

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 (*).

Aug. 22: Chapter 1: Adventures in Microeconomics
Aug. 22, 24, 29, 31: Chapter 2: Supply and Demand
Aug. 31, Sept. 5: Chapter 3: Using Supply and Demand to Analyze Markets I
Sept. 7, 12, 14: No class due to Hurricane Irma
Sept. 19*: Chapter 3: Using Supply and Demand to Analyze Markets II
Sept. 21, 26, 28: Chapter 4: Consumer Behavior
Oct. 3, 5*, 10: Chapter 5: Individual and Market Demand
Oct. 10, 12, 17: Chapter 6: Producer Behavior
Oct. 17, 19*, 24: Chapter 7: Costs
Oct. 26, 31: Chapter 8: Supply in a Competitive Market
Nov. 2*, 7, 9: Chapter 9: Market Power and Monopoly
Nov. 9, 14, 16*: Chapter 10: Pricing Strategies...
Nov. 21 Chapter 11: Imperfect Competition I
Nov. 23 No Class! Thanksgiving Break
Nov. 28, 30* Chapter 11: Imperfect Competition II
Dec. 5, 7: Chapter 12: Game Theory
Dec. 14: Final Exam: Noon in our regular classroom (GC-277)

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.

Academic Honesty

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

Aug. 21
Classes begin
Aug. 28
Last day to drop with full refund
Sept. 15
Last day to drop with 25% refund
Sept. 15
Last day to apply for Fall Graduation
Nov. 6
Last day to drop with DR
Nov. 23-24
Thanksgiving Break (no class)
Dec. 9
Last day of regular classes
Dec. 11-14
Finals Week
Dec. 14
Intermediate Micro Final at noon in GC-277
Dec. 19
All grades available online