Course Outline (Updated Throughout the Course and Subject to Change)

(Additional Readings will be placed on the
additional articles web page)
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Date (2010)

Topics

READINGS AND ASSIGNMENTS (Syllabus)

WEEK 1
 
January 

20 - 24

Review of Key Principles of Economics

TEXT:  Chapters 1 and 2

Chapter 1 LECTURE - LIMITS, ALTERNATIVES, AND CHOICES     (Word)

HOW TO READ AND UNDERSTAND GRAPHS     (PPT)

Chapter 2 LECTURE - THE MARKET SYSTEM AND THE CIRCULAR FLOW     (Word)

DISCUSSION BOARD - Introduce yourself (Complete by January 31)

WEEK 2
 
January

25- 31

Review of Demand, Supply, and Market Equilibrium

elasticity, CONSUMER AND Producer Surplus
TEXT: Chapters 3 and 6

chapter 3 LECTURE - DEMAND, SUPPLY AND MARKET EQUILIBRIUM     (Word)

chapter  6 Lecture - ELASTICITY, consumer surplus and producer surplus      (Word)

 

Homework 1 Available January 25 (Covers Chapters 1, 2, 3 and 6)

 

DISCUSSION BOARD - Discussion Topic 1  Available January 25

 

Work on Problem Set 1 (Not Required to be Submitted)

WEEK 3

February

  1 - 7

 Consumer behavior

TEXT: Chapters  6 and 7

 

chapter 7 LECTURE - CONSUMER Behavior     (Word)

 

Quiz 1 (Covers Chapters 1 , 2, 3, and 6) Available February 1- Must be completed within one week

(ALL QUIZZES ARE TIMED AND LIMITED TO 20 MINUTES)

 

Homework 2 available February 2 (Covers Chapter 7)

 

Study Guide Exam 1     (Word)

WEEK 4
February

8 - 14
Additional material

catching - up Time and Review for Exam

Income and Substitution Effects (No need to Download)

chapter 7 -  Additional Material     (Word

WEEK 5
 
February

15 - 21

Exam 1

Production and Costs

EXAM 1 (Available online February 18 to February  28 - Covers Chapters 1, 2, 3, 6, and 7) Time Limited to 75 minutes

TEXT: Chapter 8

Chapter 8 Lecture - Production, Technology and Cost     (Word)

DISCUSSION BOARD - Discussion Topic 1  Closed February 21

Homework 3 Available February 16 (Covers chapters 8 and 9)

WEEK 6

February

22 - 28

Production and Costs  Con't

Perfect competition

TEXT: Chapters 8 and 9

chapter 9
LECTURE  - Pure COMPETITION      (PPT)

DISCUSSION BOARD - Discussion Topic 2 Available February 22

WEEK 7
 
March

1 - 7

PURE Monopoly

TEXT: Chapter 10

chapter 10 LECTURE - PURE Monopoly     (PPT) 

Quiz 2 (Covers Chapters 8 and 9) Available March 7 - Must be completed within one Week 

(ALL QUIZZES ARE TIMED AND LIMITED TO 20 MINUTES)

Homework 4 Available March 4 (Covers chapters 10 and 11)

Study Guide Exam 2     (Word)

WEEK 8

March

8 - 14

Monopolistic Competition and Oligopoly

TEXT: Chapter 11

chapter 11 Lecture - Monopolistic Competition AND oligopoly     (ppt) 

Work on Problem Set 2 Not Required to be Submitted)

WEEK 9

 March

15 - 21

Review
 
Exam 2
Catching - up Time and Review for Exam

Exam 2 Available online March 18 to March 28 - (Covers Chapters 8 -11) Time Limited to 75 minutes

WEEK 10

 March

22 - 28

Spring Break Have fun, but don't forget to Read ahead
WEEK 11
 
March 29 - April 4

Demand for Resources

TEXT: Chapters 12 and 13

Chapters 12 and 13 Lecture – Resource Market and Wage Determination     (PPT)

DISCUSSION BOARD - Discussion Topic 2 Closed April 4

Homework 5 Available March 29 (Covers chapters 12, 13  And 14)

WEEK 12
 
April

5 - 11

Rent, Interest and Energy Economics text: Chapter 14 (available here on Doc and PDF)

Chapter 14 Lecture – Rent and Interest     (PPT)

DISCUSSION BOARD - Discussion Topic 3 Available April 5

WEEK 13
 
April

12 - 18

 

 

Public Goods and Public Choice

TEXT: Chapters 16 and 21

Chapter 16 Lecture  – PUBLIC GOODS AND EXTERNALITIES     (PPT)

Homework 6 Available  April 13 (Covers chapters 16 and 21)

Quiz 3 (Covers Chapters 12 - 14) Available April 12  - Must be completed within one week

(ALL QUIZZES ARE TIMED AND LIMITED TO 20 MINUTES)

WEEK 14
 
April

19 - 25

 

Issues

International Trade and Finance

TEXT:  Chapters 21, 5, 37 AND 38

Chapter 21 lecture - ISSUES    (ppt)

Chapters 5, 37 and 38 LECTURE - INTERNATIONAL TRADE and Finance     (PPT)

Homework 7 Available  April 20 (Covers chapters 5, 37, and 38)

Study Guide For Final Exam

Work on Problem Set 3 (Not Required to be Submitted)

Week 15

 

April 26 -

May 2

 

Last day to withdraw from a class with a "W" grade is April 26

International Trade and Finance Con't

 

TEXT: Chapters 37 and 38

Quiz 4 (Covers Chapters 16 and 21) Available April 28 - Must be completed within one week

(ALL QUIZZES ARE TIMED AND LIMITED TO 20 MINUTES)

WEEK  16

 

May

3 - 9

Review for final exam Comprehensive FINAL EXAM AVAILABLE at the Arnold and Arundel Mills Testing Center May 6 to May 19

Testing Center Information and Hours

DISCUSSION BOARD - Discussion Topic 3 Closed May 9
May
10 - 19
Finals Week extended Comprehensive FINAL EXAM AVAILABLE at the Arnold and Arundel Mills Testing Center May 6 to May 19