School of Business
Kendall Campus
Miami Dade College
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.
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.
Microeconomics
By McConnell & Brue
17 th Edition
©2008,
ISBN-13 9780073273099
Method: Percentage of Final Grade
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%
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.
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School of Business
Kendall Campus
Miami Dade College a.
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School of Business
Kendall Campus
Miami Dade College
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