Economics 1010-001 Principles of Microeconomics
Maymester 2016
Professor: Joe Craig
Office: ACAD 211
Office Phone: (719) 255-4002
E-mail: jcraig2@uccs.edu
Office hours: MTWR 1300-1430
Lecture: MWTRF 0800-1300 Columbine 115
Required Text: • Mankiw, N. Gregory, (2008), Principles of Microeconomics, ISBN-13: 9780324589986, South-Western College Publishers – I would suggest looking for used/new copies online
before buying at the bookstore to compare prices. Also, the best strategy for doing well in class and
understanding the material is to read the corresponding textbook chapters before class. I follow the book
topics fairly closely but will add a few additional things as I see fit.
Course Description: Microeconomics is a branch of economics that studies how individuals,
households, and firms make decisions to allocate limited resources, typically in markets where goods or
services are being bought and sold. We will examine how these decisions and behaviors affect the supply
and demand for goods and services, which determines prices, and how prices, in turn, determine the
supply and demand of goods and services
Lectures: In lecture, new material will be presented that will follow topics from the textbook, but may
differ in emphasis. If your cell phone rings, text alerts, e-mail alerts, etc. during class I get to answer
it.
Grading: Your course grade will be based on the breakdown below. I reserve the right to curve any
scores on any assignment up, but will never curve scores down.
Assignment
Attendance
Exams (2)
Value
20%
80% (40% each)
Grades will be assigned based on the following:
92.5-100
89.5-92.4
87.5-89.4
82.5-87.4
79.5-82.4
77.5-79.4
68.5-77.4
58.5-68.4
0-58.4
A
AB+
B
BC+
C
D
F
Attendance: Attendance counts for a large portion of your grade. You can miss one day of class. After
that any other day missed will cost you a letter grade up to a maximum of 2 letter grades.
Examinations: The exams will take place during regular class time in the regular class room on the dates
listed below. They will be multiple-choice questions. You’ll probably also want to bring a calculator (no
cell phone calculators or any calculators capable of storing information i.e. graphing calculators).
Exam questions will be based on material covered in lecture and the homework sets/quizzes. I’ll talk
more about each exam as the exam date approaches.
Quizzes: Quizzes will be posted online with solutions for extra work
Homework: Problem sets will be posted online with solutions for extra work
Cheating: If you cheat you will be caught and I will enforce campus policies to their fullest extent.
Schedule
Day
Monday
Tuesday
Wednesday
Thursday
Friday
Date
Assignment
Reading
5-16
5-17
5-18
5-20
3
4
5
5-19
Exam 1
7
Monday
5-23
Tuesday
5-24
Wednesday
5-25
Thursday
5-26
Exam 2
Friday
6,8
10,11
13,14
Date
Assignment
Reading
21