ECON 2010 Principles of Microeconomics
Dr. Billy Mertens
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.
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.
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%|
|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%|