102 Outline

Spring 2001 Jose L. Esteban

Economics 102

TEXT:
Principles of Microeconomics by Loren Lee. The business section of any newspaper (Wall Street Journal is recommended).

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

OFFICE HOURS:
MW 9:30-10 or by appointment. Office location: P17-J Phone: 744-1150 extension 2421 e-mail: jesteban@palomar.edu Economics dpt. extension - 2412 Cybergroup Money

OUTLINE

WEEK 1	Introduction to Economics	Read Chapters 1 & 2
2	Exchange and Demand	Read Chapters 3 & 4
3	More supply and demand	Read Chapters 5 & 6 QUIZ #1
WEEK 4	Applications of Supply and Demand	Read Chapters 7 & 8
5	Markets and the Government	Read Chapters 9 & 10 TEST # 1
6	Consumer choice	Read Chapters 11 &12
WEEK 7	The Firm and Costs of Production	Read Chapters 13 & 14 QUIZ # 2
8	Perfect Competition	Read Chapters 15 & 16
9	The Theory of Monopoly	Read Chapters 17 & 18
WEEK 10	Monopolistic Markets	Read Chapters 19 & 20 TEST # 2
11	Oligopoly and Cyber Markets	Read Chapters 21 & 23
12	Antitrust and Labor Markets	Read Chapters 24 & 25
WEEK 13	Wages	Read Chapter 26 QUIZ # 3
14	Labor Issues	Read Chapter 27
15	Poverty	Read Chapter 28
16	International Trade	Read Chapter 29
WEEK 17	FINAL EXAM	May 12-18

GRADING POLICY

FIRST TEST	100 points
SECOND TEST	100 Points
THREE QUIZZES - 50 POINTS EACH	150 points
VARIOUS PROJECTS (Digital Portfolio, Research papers, etc.)	150 points
FINAL TEST	150 points
TOTAL	650 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, e-mail or call me.
Homework assignments will be randomly collected for extra points.

Drop deadline is March 9, 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 read. 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!

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!!!

Jose Esteban Webpage