Principles of Microeconomics

MS. CARYCRUZ BUENO

SPELMAN COLLEGE

SPRING 2018

TUESDAY AND THURSDAY 2:25 -3:40

Outline1. How will the class work?

2. Who is the instructor?

3. How can you be successful in this class?

4. Review Chapter 7 – Group Activity

5. Start Chapter 8

How will the class work?Prior to class – Relevant Videos (5-10 minutes)

ClassLecture on new materialQuestions worked in class –TRATS/ participationStudents actively answering questions in complete sentencesDiscussion and Wrap Up

PracticeStudents actively answering questions in complete sentences

Question: What is your major?

Correct Answer

Incorrect Answer

Chapters Already CoveredChapter 1: Exploring Economics

Chapter 2: Production, Econ Growth, Trade

Chapter 3: Supply Demand

Chapter 4: Markets and Government

Chapter 5: Elasticity

Chapter 6: Consumer Choice

Chapter 7: Production and Costs

Who is the Instructor ?

Now You

What’s your name?

Why are you taking this class?

What have you struggled the most with this class?

How to be Successful 1. You are adults, and you are each responsible for your own success and/or failure

2. Read before every class (1 to 2 chapter a week)

3. Ace the online HW

4. Never miss lecture and actively participate, ask clarifying questions

5. Study before the exams

6. Take advantage of tutoring and office hours (after class 4-5:15 and by appt)

Classroom Etiquette

Grades and Exam MakeupsComponent of Grade Weight

IRATS (individual) 15

Exam 1 22.5

Exam 2 22.5

Final Exam 25

Article 5

TRATS (team)/

Participation

10

• There will be no makeup exams.

• The final exam will replace a student’s

lowest exam grade/missed exam.

• If a scheduled exam conflicts with a

school-sponsored event, you must let me

know two weeks prior to the conflicting

exam with an official note.The following grading scale will be employed for all assignments: 96 - 100 A / 90 - 95 A- / 86 - 89 B+ / 83 - 85 B / 79 - 82 B- / 75 - 78 C+ / 69 - 74 C / 65 -68 C- / 60 - 65 D+ / 55 - 60 D / Below 55 F

Schedule

Week

#

Week Starts

(Monday)

Topic Text Assignments Due

Online

12 March SPRING BREAK

1 19 March Production, Perfect

Competition

Chapter 7, Chapter 8 Chapter 8 &9

2 26 March Monopoly Chapter 9 Chapter 10

3 2 April Monopolistic Competition

Oligopoly, & Game Theory

Chapter 10 Chapter 11

4 9 April Review and Exam in Class Chapter 7-10

5 16 April Labor, Externalities &

Public Goods

Chapter 11 ,13 Chapter 13

6 23 April Poverty and Income Chapter 15 Chapter 15

7 30 April Review All Chapters

Final Exam: Tuesday May 8th 10:30 a.m-12:30pm