Queens College, CUNY
Flushing, New York
ECON102 Introduction to Microeconomics (3 Credits)
Course Syllabus
Spring 2007 Semester
Class Schedule:
Class Times:
Class Meetings:
Instructor:
Office Hours:
Contact:
January 29, 2007 – May 25, 2007
Tuesdays & Thursdays: 6:30pm–7:45 pm
Room RE/017
Leon M. Guendoo
By Appointment
email: pctutor4u@hotmail.com
Course Overview
This course is about microeconomics: how consumers and producers make decisions and how markets
work. It is for students who want to learn about microeconomics and who are considering Economics as
their major. The objective is that you should feel more competent in applying fundamental economic
concepts; be able to use economic concepts in discussion and debate; and be able to think clearly and
intelligently, using theory and evidence, about economics.
You must be registered for this course to receive a grade.
To succeed in this course attend as many lectures as you can – ideally, every lecture. The lectures
provide an overview of the topics. For a full understanding you must read the textbook. Talk with
friends about the topics. Email me if you are having difficulty. Do all the assignments and take all the
exams.
Required Text
Mankiw, NG. 2004. Principles of Microeconomics. Thomson-SouthWestern. You can use any edition.
ISBN: 0324319169
Grading System:
Course grades will be assigned according to the following scale:
A+
A
AB+
B
BC+
C
CD+
D
F
97-100
93-96
90-92
87-89
83-86
80-82
77-79
73-76
70-72
67-69
60-66
0-59
1
Allocation of Scores
Quizzes (8), top 6 scores
Homework & Classroom Participation
Total
80%
20%
100%
Examination Makeup Policy
The student will be given the opportunity to take a makeup examination within seven days. There is no
makeup for the final examination.
Class Policy
I request that you treat attendance and punctuality seriously as they will affect your final grade. You are
required to attend all class sessions. Late submission of assignments will receive reduced credit. The use
of audible electronics (such as beepers and cellular phones) equipment during classes is prohibited.
WEEK
1
2
3
4
TOPIC
The big ideas in economics
Thinking like an economist
The gains from trade
The market forces of Supply and Demand
Elasticity of supply and demand
Supply, demand, and government policies
Market Efficiency
The costs of taxation
Chapter
Quizzes
1,2,3
QUIZ 1
Chap. 1,2,3
4
5,6
7,8
5
International trade
9
6
The Costs of Production
13
7
8
Firms in competitive markets, Monopoly,
Oligopoly
Monopolistic competition
Perfect competition
14,15,16
17
9
Money and personal financial management
29
10
Externalities
10
11
Public goods and common resources
11
12
The tax system
12
13
Earnings/discrimination
19
14
Income inequality and poverty
20
15
Frontiers of microeconomics
22
2
QUIZ 2
Chap. 4,5,6
QUIZ 3
Chap. 7,8
QUIZ 4
Chap. 9,13
QUIZ 5
Chap.
14,15,16,17
QUIZ 6
Chap. 29, 10
QUIZ 7
Chap. 11,12
QUIZ 8
Chap. 19, 20