** There are weekly assignments to turn in. The grades account for 15 percent of the overall grade of the course.
** There is an in-class midterm exam. The grade accounts for 30 percent of the overall grade.
** There is a final exam. The grade accounts for 50 percent of the overall grade.
** Attendance accounts for 5 percent of the overall grade.
The textbook we use is “Economics: Principles, Problems and Policies”, by Campbell R. McConnell and Stanley Brue, 15th edition,McGraw-Hill Company,2002. We will cover Part 1, 5, 6, 7, 8 and 9 of the textbook.
III. Schedule
Week
Subject
Required readings
1
Introduction
MB, Chap 1
2
Introduction
MB, Chap 2
3
Demand and supply
MB, Chap 3
4
Demand and supply
MB, Chap 3
5
Elasticity
MB, Chap 20
6
Elasticity
MB, Chap 20
7
Production cost
MB, Chap 22
8
Production cost
MB, Chap 22
9
Midterm
10
Perfect competition
MB, Chap 23
11
Perfect competition
MB, Chap 23
12
Monopoly
MB, Chap 24
13
Monopoly
MB,Chap 24
14
Public goods and externality
MB,Chap 30
15
Public goods and externality
MB,Chap 30
16
Consumer theory
Chap 21
17
Review and questions
Note:MB refers to the text by McConnell and Brue. The schedule may be adjusted based on the actual progress of the class.