© Dr. Julien Picault, 2011-2012, All Rights Reserved Department of Economics UBC Okanagan University of British Columbia, Okanagan ECON 101: Principles of Microeconomics 2011/12 Winter Session Term 2 Instructor: Julien Picault Office: ART 225 E-mail: julien.picault@ubc.ca Website : https://sites.google.com/site/julienpicault/teaching/econ-101 Office Hours: Monday 10:30 – 11:30 and Tuesday 13:30 – 15:30 TA Office Hours: Monday and Thursday 17:00 – 18:00 and Friday 14:00 – 15:00 Room FIP 125 Lectures: Monday and Thursday, 14:00 – 15:30, Room FIP 204 Course Description This course will introduce some basic theories of Microeconomics. On completion of the course, students should be able to demonstrate an understanding of various economic theories such as supply and demand, market efficiency, public policies and firm behavior in different market structures. Required Course Materials 1. Aplia access card 2. N. Gregory Mankiw et al., Principles of Microeconomics (5th Canadian Edition), Nelson, Thomson Canada 2011. Aplia is an internet-based learning tool. Aplia access card gives you access to a digital version of the textbook and online homework assignments for the duration of this course. You can purchase either Aplia access card with or without a hard copy of the textbook (See the last page of syllabus for detail). Grading Your final grade of the course will be based on the following components: Aplia On-line Assignments: Midterm Test 1 Midterm Test 2 Final Exam 20% (Throughout the course) 20% (Thursday, February 2) 20% (Thursday, March 15) 40% The 60-minute midterm tests will be held in class. The 3-hour final examination, worth 40% of the grade, will be held during the April examination period (Apr. 11 – 25 inclusive). There will be no make-up test. Students who miss the midterm test will be assigned a mark of zero unless, within one week of the test date, they submit to the instructor a written request for special consideration explaining the reason for missing test and attaching appropriate documentation (e.g., a medical certificate). For students with satisfactory explanation for having missed a test, the weight of the missed test will be added on the final examination. 1 © Dr. Julien Picault, 2011-2012, All Rights Reserved Department of Economics UBC Okanagan Course Outline Introduction Supply and Demand: How Market Work Supply and Demand: Markets and Welfare The Economics of the Public Sector Firm Behaviour and the Organization of the Industry The Economics of Labour Markets (if we have time) Topics for Further Study (if we have time) Academic Integrity The academic enterprise is founded on honesty, civility and integrity. As members of this enterprise, all students are expected to know, understand, and follow the codes of conduct regarding academic integrity. At the most basic level, this means submitting only original work done by you and acknowledging all sources of information or ideas and attributing them to others as required. This also means you should not cheat, copy, or mislead others about what is your work. Violations of academic integrity (i.e., misconduct) lead to the breakdown of the academic enterprise, and therefore serious consequences arise and harsh sanctions are imposed. For example, incidences of plagiarism or cheating usually result in a failing grade or mark of zero on the assignment or in the course. Careful records are kept in order to monitor and prevent recidivism. A more detailed description of academic integrity, including the policies and procedures, may be found at: http://web.ubc.ca/okanagan/faculties/resources/academicintegrity.html. Disability Resources If you require disability related accommodations to meet the course objectives, please contact the Coordinator of Disability Resources located in the Student Development and Advising area of the student services building. For more information about Disability Resources or about academic accommodations please visit the website at: http://www.okanagan.students.ubc.ca/current/disres.cfm. Equity, Human Rights, Discrimination and Harassment UBC Okanagan is a place where every student, staff and faculty member should be able to study and work in an environment that isfree from human rights based discrimination and harassment. If you require assistance related to an issue of equity, discrimination or harassment, please contact the Equity Office, your administrative head of unit, and/or your unit’s equity representative. UBC Okanagan Equity Advisor: ph. 250-807-9291; email equity.ubco@ubc.ca Web: www.ubc.ca/okanagan/equity Unit Equity Representatives:http://www.ubc.ca/okanagan/equity/programs/equityreps/unitcontacts.html 2 © Dr. Julien Picault, 2011-2012, All Rights Reserved Department of Economics UBC Okanagan How to access your Aplia course Course Name: Principles of microeconomics Instructor: Julien Picault Start Date: 01.12.12 Course Key: 882F-3YE3-5LKU You can begin working on your homework as soon as you register! • In this course, you will use a textbook and Aplia's website. • You will have access to a digital version of your textbook on Aplia through the end of this course. • If you wish to have a hardcopy of your textbook, you can save money if you buy the course package at the UBCO bookstore. See payment options below. Registration 1. Connect to http://login.nelsonbrain.com. 2. If you already have an account, sign in. From your Dashboard, enter your course key in the box provided, and click the Register button. If you don't have an account, click the Create an Account button, and enter your course key when prompted. Continue to follow the on-screen instructions. Purchase Options The UBCO bookstore offers you two options. Option 1: Buy Aplia access card alone online at the price of $80.00. • Aplia access card gives you access to your on-line assignments and the subscription of digital copy of the text for the duration of this course. Option 2: Buy the course package at the price of $145. (Recommended) • The package includes Aplia access card, a hard copy of the text and the study guide. 3