ECO 3101—Intermediate Microeconomics—Fall 2015 Instructor: Alvin Chiang E-mail: achia009@fiu.edu Class Schedule: Tuesday/Thursday, 2:00 PM – 3:15 PM Classroom: DM 190 Office Hours: Tuesday/Thursday, 3:30 PM – 4:30 PM and by appointment Class Website: https://sites.google.com/site/alvinlunyuechiang/ Textbook Goolsbee, Austan, Steven Levitt, and Chad Syverson, Microeconomics, New York: Worth Publishers, 2013, ISBN: 978-0716759751 Course Description Microeconomics is the study of individual decision-making and the implications of the decision making for social phenomena. This course introduces many important concepts and develops the basic analytical tools used by economists to study economic problems and market behavior. These are used to examine the behavior of consumers and firms, competitive markets, imperfectly competitive markets, and market failures. Applications include the economics of insurance, education, health care, pollution, taxation, safety, and other topics. Tentative Course Outline Basic Concepts Chapter 1: Adventures in Microeconomics Chapter 2: Supply and Demand Chapter 3: Using Supply and Demand to Analyze Markets Consumption and Production Chapter 4: Consumer Behavior Chapter 5: Individual and Market Demand Chapter 6: Producer Behavior Chapter 7: Costs Markets and Prices Chapter 8: Supply in a Competitive Market Chapter 9: Market Power and Monopoly Chapter 10: Market Power and Pricing Strategy Chapter 11: Imperfect Competition Chapter 12: Game Theory Exams Examination 1** September 29, 2015 (2:00 PM – 3:15 PM) Examination 2** November 3, 2015 (2:00 PM – 3:15 PM) Final December 10, 2015 (12:00 PM – 2:00 PM) If you have a conflict with the exam schedule, please let the instructor know in advance. If you miss an exam, you should provide sufficient paperwork for your excuse. A make-up exam is not guaranteed. **Please note that these exam dates are tentative depending on the progress of the course. Actual test dates will be announced in class. The final exam date and time are nonnegotiable. Grades Grades will be based upon three exams given throughout the course. Grades may be curved depending on the performance of the whole class. Examination 1: 30% Examination 2: 30% Final Exam: 40% Prerequisites Principles of Macroeconomics (ECO 2013) Principles of Microeconomics (ECO 2023) Pre-Calculus Mathematics (MAC 2132) or equivalent Key Dates August 24 Classes begin August 31 Last day to drop courses or withdraw from the University without incurring financial liability for Tuition and Fees September 7 Labor Day Holiday (University Closed) September 18 Last day to withdraw from the University with a 25% refund of Tuition November 2 Deadline to drop a course with a DR grade November 11 Veterans Day Holiday (University Closed) November 26-27 Thanksgiving Holiday (University Closed) December 7-12 Finals Week December 17 Complete grade report available to students by my.fiu.edu Academic Dishonesty Florida International University is a community dedicated to generating and imparting knowledge through excellent teaching and research, the rigorous and respectful exchange of ideas, and community service. All students should respect the right of others to have an equitable opportunity to learn and honestly to demonstrate the quality of their learning. Therefore, all students are expected to adhere to a standard of academic conduct, which demonstrates respect for themselves, their fellow students, and the educational mission of the University. All students are deemed by the University to understand that if they are found responsible for academic misconduct, they will be subject to the Academic Misconduct procedures and sanctions, as outlined in the Student Handbook. Disability Resource Center If you have a documented disability and are a client of the FIU Disability Resource Center (DRC), please have the DRC send any pertinent information directly to my FIU email address so any necessary accommodations can be made in a timely fashion. The FIU Disability Resources Center strives to promote student success by working collaboratively with students, faculty and staff to create an inclusive educational environment. The university is committed to advancing students learning and enhancing personal development. Any information provided will be kept confidential. Please let me know if I can be of any assistance to you. Religious Observance Accommodations will be made for students who wish to observe their religious holidays. Students should make their requests known at the beginning of the semester – during the first week of classes.