GORDON STATE COLLEGE DEPARTMENT OF BUSINESS AND PUBLIC SERVICE COURSE NUMBER AND TITLE: ECON 2106-E PRINCIPALS OF MICROECONOMICS SPRING SEMESTER 2015: T/R 11:00AM – 12:15AM IC 116 CRN 316 GENERAL INFORMATION Instructor: Gary A. Norman Office: RUSSELL 329 Phone/email: 678/359-5380/gnorman@gordonstate.edu Office Hours: M/W 1:00PM – 4:00PM RUSSELL 329 T/R 1:00PM – 3:00PM RUSSELL 329 / 6:00PM – 7:00PM HENRY COUNTY NOTE: Request an appointment by emailing gnorman@gordonstate.edu TEXT AND OTHER MATERIALS: COREMICROECONOMICS 3RD ED. CHIANG & STONE, WORTH PUBLISHERS, A MACMILLAN HIGHER EDUCATION COMPNAY 2014 TEXT WEBSITE www.worthpublishers.com Economic websites: www.bls.gov Bureau of Labor Statistics www.federalreserve.gov The Federal Reserve www.conference-board.org The Conference Board www.cia.gov The Central Intelligence Agency COURSE DESCRIPITION: A class in principles of microeconomics is intended to introduce students to the concepts that will enable them to understand and analyze structure and performance of the market economy.... The content Includes analysis of supply and demand and pricing, understanding consumer and producer behavior, application of microeconomics analysis in decision-making, and the impact of globalization on microeconomics. COURSE OBJECTIVES: An introduction to the concepts and analysis of the structure and performance of the market economy is the course objective! METHOD OF INSTRUCTION: This is a lecturer centered course. Lecture PowerPoint slides provided by the text will be used to assist in explaining key points., In addition, the relevant economic websites listed above will be used extensively. EVALUATION METHODS: Your final grade will be determined by your performance on exams (3), a writing project, class participation and a final exam. Other variables such as attendance, completion of reading assignments, and interest will be considered in a final determination of grades. Exams/ 3 = 30% Writing Project = 20% Class Participation = 20% Final Exam = 30% = 100% Students are required to track attendance and grades received during the term. A log is provided for this purpose on my website and will be explained the first day of class. Excessive absences (over 5) and late to class will result in a grade of c or lower on class participation. A strategy for success is provided and can be found on my website. Following the strategy will also be considered as a factor in determining class participation scores. No make-up exams will be given unless the student has received permission to make up the exam prior to the scheduled date. Students are required to provide a scantron for exams. The project will be explained the first day of class. Also, notes are posted on my website COURSE CALENDAR: WEEK OF: A strategy for reading, reviewing and preparing for exams is provided on my website. It is required that students read/study the chapters scheduled prior to the first lecture. And, review materials posted on my website by chapter is to be completed by the final class period of the week. January 5th/week 1 - Course Introduction January 12th/week 2 - Chapter 1: Exploring Economics & Chapter 2: Production, Economic Growth, and Trade January 19th/week 3 - Monday MLK Day – No Classes Chapter 3: Supply and Demand January 26th/week 4 - Chapter 4: Markets and Government Exam #1 Thursday 29th February 2nd/week 5 - Chapter 5: Elasticity February 9th/ week 6 - Chapter 6: Consumer Choice and Demand February 16th/week 7 - Chapter 7: Production and Costs March 2nd/week 8 - Chapter 8: Perfect Competition Exam #2 Thursday 5th March 9th/week 9 - Spring Break March 16th/week 10 - Chapter 9: Monopoly March 23rd/week 11 - Chapter 10: Monopolistic Competition, Oligopoly and Game Theory April 6th/week 12 - Chapter 11: The Labor Market April 13th/week 13 - Chapter 12: Land, Capital Markets, and Innovation Exam #3 Thursday 17th April 20th/week 14 - Chapter 13: Externalities and Public April 27th/week 15 - Last Day of Class Tuesday May 1 – 6th - Final Exams NOTE: SUBJECT TO CHANGE AS CIRCUMSTANCES MIGHT REQUIRE STUDENTS WITH DISABILITIES Student with a disability that requires assistance or class accommodations or any accommodations for testing should contact the Office of Counseling Services. ADA Services if needed must go through the process of receiving approved accommodations through the Student Counseling and Disability Services Office, Student Center, Room 212, phone 678/3595585.