Compiler Press'

Elemental Economics

Not Accounting, Not Business, Not Commerce, Not Mathematics  - Economics  

                                                       

Site  Index

Microeconomics

Introductory

Intermediary

Shared Resources

Macroeconomics

Introductory

Intermediary

Other Courses

 

 

SISTER SITES

Compiler Press

Compleat World Copyright Website

Competitiveness of Nations

Cultural Econometrics

Cultural Economics

Elemental Economics

World Cultural Intelligence Network

 

 

Harry Hillman Chartrand, PhD

©

Cultural Economist & Publisher

Compiler Press

Chief Economist

Cultural Econometrics

h.h.chartrand@compilerpress.ca

215 Lake Crescent

Saskatoon, Saskatchewan

Canada, S7H 3A1
Tele/Fax
306-244-6945

Curriculum Vitae

 

Launched  1998

 

 

MICROECONOMICS 115

  COURSE OUTLINE

Winter 2012

Instructor:  Harry Hillman Chartrand, PhD     

Class Time & Location:    14:00

Section    Room     Time

001          E308      T/R 8:30

002          E103      T/R: 2:30

004          E308      M/F 10:00

005          B112      M: 2:00

                  E103      F: 2:00

Style: Students are expected to read the text and lecture notes before each Class.  The Instructor will be open to questions and exchange with other members of the Class.

Phone: to be determined

Email:   h-chartrand@shaw.ca

Website: http://www.compilerpress.ca/ElementalEconomics/

Office Hours: Wednesday 10:00-14:00 Room E422

 

 

 

All Emails MUST include Student Name & Number, Course & Section Number.  Please!

 

Theme:

Study of the Individual Consumer, Producer and Their Interaction in Markets

Required Text: 

Parkin & Bade (P&B), Microeconomics: Canada in the Global Environment  (Study Guide optional)   Lecture notes are keyed to P&B chapter graphics numbers.

Evaluation:

3 Midterm Exams *           @ 10% =      30% 

10 Pop Quiz **                      @ 1% =        10%

Class Presentation ***      @ 25% =      25%

1 Final Exam  *                     @ 35% =       35%  

                                                                              100% 

Topics

Themes

1.0 Introduction   Ch. 1, 2, 4 & 5

Learning Outcome: knowing key concepts used throughout the course

1.1 Concepts

1.2 Macroeconomics

1.3 Intro Links

2.0 Demand   Ch. 8 & 9

Learning Outcome: knowing how to derive the market demand curve

2.1 Utility

2.2 Demand Curve

2.3 Demand Links

3.0 Supply  Ch. 10 & 11

Learning Outcome: knowing how to derive the market supply curve

3.1 Definitions
3.2 Assumptions
3.3 Supply Curve

3.4 Supply Links

4.0 Markets  Ch.  3 & 6

Learning Outcome: knowing how markets are formed and the role of market forces in maintaining a stable price/quantity market equilibrium

4.1 Supply & Demand
4.2 Equilibrium & Elasticity
4.3 Public Intervention

4.4 Market Links

1st Midterm Test

Learning Outcome: knowing the Standard Model of Market Economics

 

Ch. 3,  6, 8, 9, 10 & 11 -  30 questions, 45 minutes in class

5.0 Competition  Ch. 12, 13, 14 & 15

Learning Outcome: knowing how to distinguish between different forms of market competition

5.1 Perfect Competition
5.2 Monopoly
5.3 Oligopoly
5.4 Monopolistic

5.5 Competition Links

2nd Midterm Test

Learning Outcome: knowing forms of market competition and how to recognize and correct abuses of market power

 

Ch. 12, 13, 14 & 15 -  30 questions, 45 minutes  in  class

6.0 Market Failure & Externalities  Ch. 16 & 17

Learning Outcome: knowing how to distinguish between public and private goods and treat costs and benefits external to market price

 

6.1 Government
6.2 Environment & Knowledge

6.3 Externality Links

6.4 Selected Articles

3rd Midterm

Learning Outcome: knowing market failure & externalities

Ch. 16 & 17 -  30 questions, 45 minutes in class

Final

Learning Outcome: knowing Introductory Microeconomics

 

Ch.  3, 6, 8, 9, 10, 11, 12, 13, 14, 15, 16 & 17  100 questions, 180 minutes in to be announced 

* Multiple choice 'op scan' sheets are used.  Each Student must use a lead pencil 'to fill in the dots' and code their Student Number correctly.  Each Student is responsible for the legibility of their opscan sheet.  Fresh sheets will be issued any time during an exam.  No additional time is allowed to copy a sheet or make corrections after the testing period.   Failure to correctly code Student Number will result in delay of results and possible demerit.

The weight of a missed midterm (10%) may or may not be transferred to the final exam (35 to 45%) depending on the reason - sickness, family emergency, jury duty, etc.  Documentation will be required for any absence. 

 Approximately 75% of testable material will be from the text and/or posted on this website as lecture notes.  25% will be identified in Class.

** Pop Quiz: analytic geometry & symbolic equations: name the lines; in words, name or verbalize (read out) the symbolic equation.  Time - any time during any Class but not necessarily each and every Class.  15 minutes.

*** Class Presentation will be a five to 7 minute Argument (making a point).  Presentations may take the form of oral delivery of a written work (2 1/2  to 3 letter pages - double spaced - 12 pt), or a video, graphic or multi-media Presentation. It is subject to 'peer review' by the entire Class - Instructor and Students - with time called by the Instructor.  The subject is to be a Topic or Theme drawn from the Course Outline below.  The Argument may be 'theoretical' or  'real world', for example, What factors fuel Demand for Ipods?  Or, What factors fuel its production and evolution?  A Class Grading Rubric with be used and the same 'Ballot'  completed by each Student for each Presentation excepting one's own.   

PRESENTATION RUBRIC

Definitions: 5%
Assumptions: 5%
Engaging: 5%
Informative: 5%
Clarity: 5%
Total Grade: 25%

Rhetoric - in any media - matters!  The Art of Argument.  What's your point?

Team play, with appropriate time adjustment, is possible subject to strict rules of honourable conduct.  After initial approval the Team will be subject to ongoing counseling by the Instructor who may summarily disband the Team setting new assignments for each student. 

Cross-Section Team Presentations will be considered but presented only once. 

Individual Students & Teams must submit a written Plan: Objective, Strategy, Tactics & Logistics **** for approval by the Instructor on or before the first class after the 1st Midterm exam.   The Instructor will counsel Students & Teams on progress towards their Presentation during office hours and by email.

Presentations will begin immediately after the 2nd Midterm.

Rules apply to all Sections of Econ 115 I teach Winter 2012.  

 

****  Standard Military Planning Model: Objective, Strategy, Tactics, Logistics
What is your objective? What is it you want to achieve? What strategy or overall design do you have in mind? Does the design or strategy allow you to break it down into functional elements - tactics? References, for example? And putting it all together with fingers to keyboard, mouse, camera, etc. involves logistics - securing the material instruments and supplies you need to do the job.. Then, of course, you must bring together all the elements into a final campaign that uses logistics to build the tactical means to actualize the strategy and thereby achieve your objective.

 

NOTICE

1. All testing except Pop Quiz & Class Presentation is multiple choice. 

2. No electronic devices are allowed during midterms and the final exam.   Paper dictionaries are permitted for both.   

3. Plagiarism & Academic Dishonesty will not be tolerated.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Top of Page