SYLLABUS
COURSE ECON 112: PRINCIPLES OF MICROECONOMICS
PROF. PATS NEELAKANTAN
420 Normal Street
Tel: 3002
Pats@po-box.esu.edu
OBJECTIVE: To introduce students to the Principles of Microeconomics. The focus will be on consumer,
producer and to some extent government behavior in a free market system.
COURSE OUTLINE: Chapters 1 – 14 will be covered. Homework problems are as given in the next page.
You are expected to read the chapters briefly before lecture, and responsible for everything in the chapter.
TEXT: “Microeconomics” by Hubbard, R. Glenn & O’Brian, Anthony Patrick, 3rd ed., Pearson-Prentice Hall.2010.
GRADING POLICY: There will be two midterms and one final examination carrying 20 points each.
In addition, there will be 3 quizzes, a week before the above exams. Quizzes carry a TOTAL of 20 points.
Homework: Students must complete the assigned homework given on the next page. Please note specific due dates
for the homework at www.myeconlab.com
Extra credit work Any work completed beyond the assigned homework (i.e., review questions at the end of each
chapter, unassigned Problems & Applications, online quizzes etc.) will be treated as extra credit, and will help you
get a better grade, at the margin. But these works MUST BE SUBMITTED in hardcopy (and NOT ONLINE). All
student submissions must be collected from my office within the first week of the following semester. Otherwise,
they will be recycled/discarded.
Copying of any sort will be dealt with very seriously according to university policy.
Attendance will be taken daily, and is extremely important. If a student is absent for more than two days during the
semester, the instructor reserves the right to fail OR lower his/her final grade at his discretion. It is your
responsibility to keep track of your attendances.
Students are not allowed to enter the room once the class starts. Students must inform the instructor
ahead of class if they plan to leave in the middle, and must sit in the front row. Otherwise, they will be
marked absent for that day.
Examinations and Quizzes are, in general, objective type. Tentative dates for the mid-term exams are:
MID-TERM EXAM 1
MID-TERM EXAM 2
FINAL EXAM
:
:
:
If you are absent on the day the instructor hands over your exam/quiz grade, YOU MUST collect it from his office.
Only the following grades are allotted:
90 - 100 = A;
75 - 90 = B;
60 - 75 = C;
50 - 60 = D;
less than 50 = E; No Incompletes Given.
Make-up quizzes are NEVER given, and make-up exam may be considered for medical emergencies (proper
medical documentation is required). THERE ARE NO EXCEPTIONS TO THIS RULE. Grades are based on
performance only, and not on student needs. Finally, full attendance is expected and class participation strongly
encouraged.
OFFICE HOURS:
Vary By Semester
ASSIGNED HOMEWORK
I.
II.
To be Submitted in Hardcopy by:__________
“An Inside Look” – Read the real-life article at the end of each of the chapter covered,
and answer questions at the end of the article under “Thinking Critically.”
To be completed online at www.myeconlab.com (note specific deadlines)
Answer the following “Problems and Applications” questions at the end of each chapter.
Chapter 1: 1.4, 1.5, 1.6, 1.8, 2.8, 3.9, 4.2
Chapter 2: 1.7, 1.8, 1.9, 2.4, 2.5, 3.8, 3.10
Chapter 3: 1.5, 1.7, 1.8, 1.9, 2.3, 2.4, 4.3, 4.5, 4.7, 4.12, 4.15, 4.18
Chapter 4: 1.5, 3.5, 3.6, 3.10, 3.14, 3.19, 3.21, 3.23,4.4
Chapter 5: 2.4, 2.5, 2.7, 3.8, 3.9, 4.8
Chapter 6: 1.5, 1.10, 1.11, 2.4, 3.6, 3.7, 3.8, 3.11, 4.3, 4.4, 4.7, 5.2, 5.3, 6.6
Chapter 7: 1.3, 2.3, 3.4, 3.6, 3.10, 4.3, 4.4, 4.5
Chapter 8: 1.2, 2.3, 2.5, 3.4, 3.7, 3.8, 3.9, 3.13, 4.6, 4.10
Chapter 9: 1.6, 1.7, 1.8, 1.9, 1.10, 2.5, 4.6
Chapter 10: 2.4, 2.6, 3.3, 3.5, 3.7, 5.3, 5.6, 5.7, 5.8, 6.4
Chapter 11: 1.4, 2.3, 2.4, 3.3, 3.4, 3.5, 4.3, 4.4 5.4, 5.7, 5.9
Chapter 12: 1.4, 1.7, 2.4, 2.5, 2.6, 3.3, 3.4, 4.4
Chapter 13: 1.7, 1.8, 2.14, 2.15, 2.19, 4.5
Chapter 14: 2.6, 2.8, 2.11, 3.3, 3.6, 3.7, 5.4, 5.5, 5.9, 5.13, 5.14
Note: These are at the end of each chapter, and NOT after the appendix.