Preliminary syllabus, subject to change without notice.
The class meets Tuesday and Thursday from 2:00pm to 3:15pm in GL-132.
- Goolsbee, Levitt, and Syverson Microeconomics, 2nd ed. Worth Publishers, 2015.
If you have a copy of the 1st edition, you may use that instead.
Office Hours and Contact Info
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 <email@example.com>.
The TA is Nelson Sotomayor. He is available in the Economics Tutoring Center (VH-136) on Tuesdays from 9am-10:30am and 1pm-3pm, and on Thursdays from 9am-10:30a. His email is <firstname.lastname@example.org>.
Your grade will be based on biweekly quizzes and a final exam. There is no midterm.
Six short quizzes will be given during the last 30 minutes of class. They will be given on Thursday, beginning on Sept. 6. In other words, the quizzes will be on Sept. 6, Sept. 20, Oct. 4, Oct. 18, Nov. 1, and Nov. 15. 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 grade.
Quiz and Exam Results
Updated: Oct. 9, 2018 Click here for all grades.
Links to quiz answers will be posted below.
The final will be in our regular classroom (GL-132) at the officially scheduled time: 12 noon--2 pm on Thursday, December 6. It will be comprehensive. The final counts for 30% of your grade.
The final will consist of approximately 30-35 multiple choice questions. If I have given you short answer problems in the quizzes, it may also include 1 or 2 short answer problems.
Calculating Your Final Grade
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+.
Course Outline and Schedule
This course covers microeconomics: supply and demand, consumer choice, cost and production, competitive and non-competitive markets, and basic game theory.
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. 21:||Chapter 1: Adventures in Microeconomics|
|Aug. 21, 23, 28:||Chapter 2: Supply and Demand|
|Aug. 30, Sept. 4, 6*:||Chapter 3: Using Supply and Demand to Analyze Markets I|
|Sept. 11, 13, 18:||Chapter 4: Consumer Behavior|
|Sept. 20*, 25, 27:||Chapter 5: Individual and Market Demand|
|Sept. 27, Oct. 2, 4*:||Chapter 6: Producer Behavior|
|Oct. 9, 11, 16:||Chapter 7: Costs|
|Oct. 16, 18*:||Chapter 8: Supply in a Competitive Market|
|Oct. 23, 25, 30:||Chapter 9: Market Power and Monopoly|
|Oct. 30, Nov 1*, 6:||Chapter 10: Pricing Strategies...|
|Nov. 8, 13, 15*, 20||Chapter 11: Imperfect Competition|
|Nov. 20:||Chapter 12: Game Theory I|
|Nov. 22||No Class! Thanksgiving Break|
|Nov. 27, 29:||Chapter 12: Game Theory II|
|Dec. 6:||Final Exam: 12 noon--2pm in our regular classroom (GL-132)|
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.
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 (scroll down to sec. 2.44) for more details.
- Aug. 20
- Classes begin
- Aug. 27
- Last day to drop with full refund
- Sept. 3
- Labor Day Holiday (does not affect us)
- Sept. 14
- Last day to drop with 25% refund
- Sept. 14
- Last day to apply for Fall Graduation
- Oct. 29
- Last day to drop with DR
- Nov. 12
- Veteran's Day Holiday (does not affect us)
- Nov. 22-24
- Thanksgiving Break (no class)
- Dec. 1
- Last day of regular classes
- Dec. 3-8
- Finals Week
- Dec. 6
- Intermediate Micro Final (12 noon-2pm)
- Dec. 13
- All grades available online