ECON 2010 Principles of Microeconomics

Instructor Contact

Dr. Billy Mertens

mertens@colorado.edu

About the course

This course examines basic concepts of microeconomics or the behavior and the interactions of individuals, firms and government. Topics include determining economic problems, how consumers and businesses make decisions, how markets work, and how they fail and how government actions affect markets.

Course Prerequisites: none

Proctoring: This course requires proctored examinations. Exams are proctored which will require planning on your part. Proctors are individuals who administer the exam process following the guidelines provided by University of Colorado Boulder to ensure academic integrity. Some proctoring options require the student to pay a fee.

Objectives

Upon completion of the course, students should be able to

  • Define the basic economic terms presented.
  • Distinguish between different economic terms and concepts and recognize how those concepts apply to different economic problems.
  • Analyze different economic principles and use those principles to differentiate between the illogical and the sensible, between the misleading use of statistics, misleading anecdotal evidence, and the reasonable presentation of information.
  • Synthesize the information given in each section to explain key concepts and set up and solve problems that utilize the economic principles.
  • Acquire the ability to think about complex economic issues in a logical objective manner, so that you discriminate between correct solutions to economic problems, and common misconceptions.
  • Evaluate different economic arguments and interpret the reasons why some are well-founded, while others are not.

Required Texts

Textbook (required): Mankiw, N. Gregory; Principles of Microeconomics 9thedition with MindTap.  MindTap is where you will read your textbook and complete some graded assignments. You will access MindTap through our course website, Canvas.

Grading (out of 1000 points):

Course grades will be determined by the completion of assignments, exams, and discussions, as shown below:

Assignment* Points per Assignment Frequency GRADE POINTS GRADE PERCENTAGE
Discussions (post and response)     (30) *    (5) =   150     15%
Quizzes

Homework

    (20)

(10)

*  (11)

*  (11)

=   220

=   110

    22%

11%

Practice Midterm Exam     (10) *    (1) =     10    1%
Proctored Midterm Exam   (200) *    (1) =   200     20%
Practice Cumulative Final Exam     (10) *    (1) =     10    1%
Proctored Cumulative Final Exam   (300) *    (1) =   300     30%
TOTAL     = 1000

 

         = 100%

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Hours

Monday – Friday
8:00am to 5:00pm

Location

We are located at the corner of University Avenue and 15th Street in a white brick building.

Map

1505 University Avenue
University of Colorado Boulder
178 UCB
Boulder, Colorado
80309-0178