Jose L. Esteban ECONOMICS 102 Spring 2009

TEXT: Micro Econ by W. A. McEachern. Student edition plus Blackboard access. Each week you will read the assigned textbook chapters listed below, do the homework and then do work in Blackboard. We will have in-class work as well.

OBJECTIVES: First, to give you some insight about the basic theories of economics when dealing with the different aspects of cost for distinct market structures and second, to prepare you for upper division courses in Economics.

OFFICE HOURS: MW 10-11, TTH 11-12 or by appointment. Office location: P17-D Phone: 744-1150 extension 2421 e-mail: jesteban@palomar.edu  Economics Department extension - 2412.  Time management

TENTATIVE OUTLINE

WEEK 1	Introduction to Economics	Read Chapters 1
WEEK 2	Production Possibilities	Read Chapter 2
WEEK 3	Decision makers -Supply and Demand	Read Chapter 3 and 4
WEEK 4	Elasticity	Read Chapter 5
WEEK 5	Consumer Behavior and Costs of Production	Read Chapter 6 and 7	TEST NO. 1
WEEK 6	Perfect Competition	Read Chapter 8
WEEK 7	The Theory of Monopoly	Read Chapters 9 and 10
WEEK 8	Oligopoly and Monopolistic Competition	Read Chapter 10
WEEK 9	Resource and Labor Markets	Read Chapter 11and 12
WEEK 10	Regulation	Read Chapter 15
WEEK 11	Public goods	Read Chapter 16
WEEK 12	Externalities	Read Chapter 17	TEST NO. 2
WEEK 13	Poverty	Read Chapter 18
WEEK 14	International Trade	Read Chapter 19
WEEK 15	International Finance	Read Chapter 20
WEEK 16	Developing Economies	Read Chapter 21
WEEK 17	Final Exam		May 18-22

GRADING POLICY

FIRST TEST	100 points
SECOND TEST	100 Points
ONLINE QUIZZES	150 points
VARIOUS PROJECTS	200 points
FINAL TEST	150 points
TOTAL	700 points

Notes: All tests are cumulative and are made up of multiple choice and/or essay questions. No make-ups are possible unless an emergency occurs. If you have a problem, please see me or call me. Homework assignments will be randomly collected for extra points. Drop deadline is March 14th, after this date AUTOMATIC F!

To get a grade of A/Credit you need 90% of the total points

To get a grade of B/Credit you need 80% of the total points

To get a grade of C/Credit you need 70% of the total points

To get a grade of D/No Credit you need 60% of the total points

To get a grade of F/No Credit you would be under 60% of the points

SUGGESTIONS

To do well in class I suggest you do the following:

a) Finish your reading assignment before class and take notes about the information you gather. You will discover that you need to read the material over a couple of times before it makes sense.

b) Make sure you ask questions in class about the material you do not understand. Bring up current events for discussion. Economics is a very current topic.

c) Your class attendance is CRITICAL!  Projects/worksheets completed in class for valuable points will happen often!

d) You are in this class because you chose to be here. Make it a rewarding and interesting experience for you.

Economics is a challenging subject, and by the same token, an interesting one. In order for you to learn, you will have to work at it. HAVE FUN!