ECO 2023 Microeconomics Course Description:

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School of Business

Kendall Campus

Miami Dade College

ECO 2023

Microeconomics

Course Description:

An introductory course in the study of micro economic theory as applied to the

United States. This course will introduce the students to micro topics such as demand theory, production theory, industrial organization, and elasticity.

This course is an independent study course. Students are not required to attend a formal class but must complete the assignments by the due date stated. It is recommended that students meet semi monthly with the instructor to discuss their progress, in addition, to weekly e-mail messages.

Course Competencies:

To understand the concept of opportunity cost and incentives and how they affect human behavior.

To understand the production possibilities frontier.

To understand the theories of absolute and comparative advantage.

To understand the laws of demand and supply.

To understand elasticity and its effect on total revenue and demand.

To analyze the effect of government policies on equilibrium.

To analyze prices and its affect on product demand.

School of Business

Kendall Campus

Miami Dade College

To determine the effect of production costs on supply in the short and long run.

To examine the types of market structure and their role in the economy.

To analyze businesses operating under perfect competition

To analyze businesses operating under monopoly.

 To understand monopolistic competition and advertising’s role

To understand the dynamics of oligopoly.

To analyze the four market structures wit respect to allocative and productive efficiency.

To understand the role of government regulations and antitrust policy on producers.

Textbook:

Microeconomics

By McConnell & Brue

17 th Edition

©2008,

ISBN-13 9780073273099

Evaluation Methods:

Method: Percentage of Final Grade

Article Summaries

Discussion Postings

10%

5%

Chapter Quizzes 10%

Examinations 70%

Chapter Quizzes: Students will complete the chapter quizzes found in the

WEBCT site for the course. Each chapter will have one quiz that counts for toward the final grade. The remaining quizzes are for extra credit. The chapters to be covered are: 1 through 10, and 18.

Article Summaries: Students will find three articles having to do with economics. They will post the link to the article on the discussion page of the

School of Business

Kendall Campus

Miami Dade College website and then summarize the article for the other students. Students cannot repeat any article already posted on the site.

Discussion Postings: Students will post the answers to the study questions found at the end of the chapter. Students will be assigned specific questions to complete. The answers are to be posted on the website.

Examinations: Students will complete a cumulative final on campus. The test will be available for the students during the seventh week of the semester.

Students need to make an appointment with the instructor to take the test. A review for the final will be found at the WEBCT site.

.

Grading:

Grade

A

Percentage

90% – 100%

B

C

D

F

80% - 89%

70% - 79%

60% - 69%

Below 60%

Grade Information:

Students can view their grades online at www.eclassinfo.com

.

Course name: ECO 2023 Regular

Username: Last name

Password: first name

Student Responsibilities and Conduct:

Academic Dishonesty (as defined by the College) includes, but is not limited to cheating on examinations; receiving help from other students (unless permitted by the instructor) plagiarizing; submitting work from another course (unless permitted by the instructor); and assisting anyone doing these things. Academic

Dishonesty is considered to be a serious offense and may result in failing an assignment, receiving an “F” in the course, or dismissal from the College. See the Students’ Rights and Responsibilities Handbook for further information.

School of Business

Kendall Campus

Miami Dade College

Students should make a special effort to arrive in class ON TIME. IT is disruptive and discourteous to the instructor and to other students. If tardiness is unavoidable’ please come into the class and sit quietly without bothering other students.

Cell phones, pagers, or beepers should be turned off when entering the classroom. Please inform those who call you that when you are in class you are unable to receive calls.

Due Date:

Last day to turn in work is

December 7, 2007

No exceptions will be made.

How to Enroll in WEBCT

Creating a myWebCT |

Top

When you create a myWebCT, you are required to create a WebCT ID and password.

Each time you log in to myWebCT, you enter your WebCT ID and password.

Note: You can obtain the URL for the Entry Page from your school's WebCT administrator. Depending on administrator settings, this feature may not be available to you.

1.

From the Entry Page, click Create. The Create myWebCT screen appears.

2.

Follow the on-screen instructions. You must complete every field marked with a Required asterisk.

3.

Record your WebCT ID and password and store it in a safe place.

4.

Click Continue.

 If the Log in to WebCT screen appears:

School of Business

Kendall Campus

Miami Dade College a.

 b.

In the WebCT ID text box, enter your WebCT ID, and in the

Password text box, enter your password. b.

Click Log in. Your myWebCT appears.

If the Password window appears: a.

In the User Name text box, enter your WebCT ID, and in the

Password text box, enter your password.

Click OK. Your myWebCT appears.

What do you want to do next?

Logging In to myWebCT |

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From the Entry Page, click Log in to.

 If the Log in to WebCT screen appears: a.

In the WebCT ID text box, enter your WebCT ID, and in the

Password text box, enter your password. b.

Click Log in. Your myWebCT appears.

 If the Password window appears: a.

In the User Name text box, enter your WebCT ID, and in the

Password text box, enter your password. b.

Click OK. Your myWebCT appears.

What do you want to do next?

Adding a Course that Allows Self-Registration |

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Important: Have you created a myWebCT yet? If not, click here for Help before continuing. Depending on administrator and designer settings, this feature may not be available to you.

School of Business

Kendall Campus

Miami Dade College

1.

From your myWebCT, click Add Course. The Select the course to add to your

myWebCT screen appears, displaying all courses in the Default term and Main

2.

category not currently listed in your myWebCT.

Select a view:

 If you want to view courses by term, from the View by Term drop-

 down list, select a term and click Update.

If you want to view courses by category, from the View by Category drop-down list, select a category and click Update. Category:

Business.

3.

Locate the self-registration course you want to add and do one of the following:

 Under Course ( ECO 2023 Microeconomics – Mari) click the course

 name. The Add a Course to myWebCT screen appears.

Under Add course, click the Add course icon. The Add a Course to

myWebCT screen appears.

4.

Click Register. The Course Added screen appears, and the course has been added to your myWebCT. You can do one of the following:

 add another course

 go to the course

 return to myWebCT

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