ECON107
Principles of
Microeconomics
Week 1
FEBRUARY 2014
Introductory
Class
1
Dr. Mazharul Islam
2
Lesson Plan
 Introduction – (Me
and You)-15 minutes
 Subject Overview – 25 minutes
 Important Instructions- 10 Minutes
Dr. Mazharul Islam
3
Introduction
Me
– Personal
– Education
– Professional

Now You
– Background (Name, Major, Home location)
– Life goals
– What you want from this subject

Dr. Mazharul Islam
4
Introduction
 Now
You
– Background (Name, Major, Home location)
– Life goals
– What you want from this subject
Dr. Mazharul Islam
5
Subject Overview - Objectives
 To
familiarize the student with economic
methodology.
 To

develop the economic way of thinking.
To understand how economic agents make
their allocation decisions.
 How
these decisions interact and result in a
social outcome through interact in the
market and influences of government.
Dr. Mazharul Islam
6
Subject Overview-Learning Methods
 Lectures
(interactive) and Class exercise
 Tutorials
– Group work (in class and at home)
Dr. Mazharul Islam
7
Subject Overview - Assessment
 Individual
assignments
– Participation (10%)
– Quizzes(15%)
– 2nd Exam (25%)
– Final exam (40%)
 Group assignments
– Homework (10%)
Total = 100%
Dr. Mazharul Islam
8
Subject Overview – Course Materials
 Recommended
textbook
– Parkin, M (2013), Microeconomics, 11th
Edition, Pearson, Prentice Hall, NJ, USA.
Also 10th Edition can be used.
 Recommended Readings:
– GANS, J. et al. (2009). Principles of
Microeconomics, 5th Edition, Melbourne,
Australia, CENGAGE Learning.
– Lecture slides
Dr. Mazharul Islam
10
Important Instructions
Individual
 Must bring pen and paper in
the class.
 Read book and lecture slides
before coming to the class.
 Attend and participate in all
lectures.
 Take notes and ask
questions.
 Apply what you are learning
as much as possible in every
steps of your life.
Group
• Study in groups outside of
class.
• Hold regular meetings when
everyone can attend.
• Do homework as a group and
the number of group members
is 4 in each group.
Lecture Note Can download from the
following like:
http://marz.kau.edu.sa/admin/A
dminFiles.aspx
Dr. Mazharul Islam