Great Basin College
ECON 102
Introduction to Economics
Spring 2013
3 Credits
Instructor:
Hours:
Classroom:
Textbook:
Mr. La Fleur
Mon. Tues. Wed. 6am – 6pm Unit 5
Education Building Multipurpose Room
Elements of Economics (John B. Egger)
An Introduction to Microeconomic Theory
Course Description:
This course is one semester covering the principles of modern economic theory. Elements will outline the
concept of supply and demand, market, cost, quantity and price while recognizing the subjective nature of value
and expectations, the future-oriented natures of action, value, and cost that influence our choices.
Course Objective:
The objective of this course is to give students an introduction to economics in order to prepare the students to
be informed consumers and readers of economic principles and practices.
Student Learning Outcomes and Measurements:
Students will demonstrate a basic knowledge of economic concepts, identify and apply basic principles and real
world cases. In addition, students will analyze and describe current economic environments and challenges.
Students will be measured through participation, discussions, assignments, group activities, presentations, five
exams and a final exam.
Student learning assessment:
A standard grading scale will be used. The following items will be graded accordingly and will carry the
assigned grading values.
1. Class participation
400 points
a. Attendance
b. Discussion questions
c. Assignments
d. Group activities
e. Presentations
2. Five exams
500 points
3. Final exam
100 Points
Total = 1000 Points
Grade Values:
A = 90 – 100% B = 80 – 89% C = 70 – 79%
D = 60 – 69%
F = 59% or less
Course Schedule:
Date
Week
Subject
Readings / Assignments
28-Jan
1
Ch. 1 Principles of Choice
Ch. 1
4-Feb
2
Ch. 2 Demand
Ch. 2
11-Feb
3
Ch. 3 Supply
Ch. 3 Exam 1
18-Feb
4
Ch. 4 Markets
Ch. 4
25-Feb
5
Ch. 5 Cost
Ch. 5 Exam 2
4-Mar
6
Ch. 6 Quantity and Price
Ch. 6
11-Mar
7
Ch. 7 Monopoly and Competition
Ch. 7 Exam 3
18-Mar
8
Ch. 8 Exchange and Comparative Advantage
Ch. 8
25-Mar
9
Ch. 9 Income
Ch. 9 Exam 4
1-Apr
10
Ch. 10 Rate of Interest
Ch. 10
8-Apr
11
Ch. 11 Profit and Entrepreneurship
Ch. 11 Exam 5
15-Apr
12
Ch. 12 Economics and Capitalism
Ch. 12
22-Apr
13
Final Review
29-Apr
14
Final Exam
Final Exam Ch. 1 - 12
Course Expectations:
Great Basin College subscribes to the tradition policy of academic integrity. Students are expected to be honest
and to do their own work. Students who plagiarize are violating the standards of intellectual honesty and are
subject to failing the assignment and or dismissal from the institution.
Method of Instruction:
Emphasis is placed on in class discussion, responses, assignments, group work, and presentations.