Economics 101 - Microeconomic Theory
Ken Burdett (435 McNeil, Kennethb@ssc.upenn.edu)
The object to review the basics of modern microeconomics. This is an important course in that if you
feel comfortable with the topics covered you will have a firm foundation for studying most other areas
of economics.
The text Is Intermediate Microeconomics (8th edition) by Hal R Varian. This text has become the
classic text in this area. I plan to cover two chapters in most weeks. You should note thsat I don’t plan to
cover some chapters.
Students will be evaluated as follows
(a) Two mid-term examinations (20% each)
(b) Two Take-home examinations (15% each)
(c) One Final examination (30% each)
This is a large class so I want specific rules
1. Formal notification from suitable authority figure if you cannot take any examination
2. A twenty percent deduction for each day late for work handed in..
I’m looking forward to the course. Hope we all enjoy it.
Chapters to be covered
Week Starting 9/4/11
Chapters 1
Week Starting 9/11/11
Chapters 2 and 3
Week Starting 9/18/11
Chapters 4 and 5
Week Starting 9/25/11
Chapter 6
Mid-term Examination 9/29/11
Week Starting 10/2/11
Chapter 7 and 8
October 8-11 Fall Break
Week Starting 10/9/11
Cha[pter 12 and 14
First Take home examination
Week Starting 10/16/11
Chapter 15 and 16
Week Starting 10/23/11
Chapter 17 and 18
Week Starting 10/30/11
Chapter 19 and 20
Week Starting 11/6/11
Chapter 21 and 22
Second Take Home examination
Week Starting 11/13/11
Chapter 23
Second Mid-term 10/17/11
Week Starting 11/20/11
Chapter 24
Thanksgiving 24-27 resume 28
Week Starting 11/27/11
Chapter 31 and 34
Week Starting 12/4/11
Chapter 36
Classes end 12/9/11