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1、IntroductiontoMicroeconomicsCourseNumber:ECO201Term:Summer,2018Instructor*:GabrielTelleriaDates:July2nd–August3rdInstitution:WaldenUniversityMeetingTimes:M,T,W,Th,FEmail:gabriel.telleria@waldenu.eduContactHours:60OfficeHours:TBDandbyappointmentAwardedCredits:4.0*Additionalinstructorinformationa
2、vailableonfinalpageI.CourseDescription:Thiscourseintroducesthedisciplineandfundamentaltoolsofeconomics.Itisdesignedtohelpstudentsbuildanunderstandingoftheeconomicsofthemarketplace.Inparticularstudentsfocusonprinciplesthatdemonstratetheroleandlimitationsofbothcompetitiveandimperfectlycompetitive
3、marketsinmotivatingefficientconsumer,business,andpublicsectorchoices.Studentsareintroducedtomicroeconomicconceptsandanalysis,supplyanddemandanalysis,theoriesofthefirmandindividualbehavior,competitionandmonopoly,andwelfareeconomics.Studentswillalsobeintroducedtotheuseofmicroeconomicapplicationst
4、oaddressproblemsincurrenteconomicpolicy.II.LearningObjectives:Uponsuccessfulcompletionofthecourse,thestudentshouldbeableto:-Demonstrateanunderstandingofthenatureofscarcityasthebasisofeconomicdecisionmaking.-Exhibitknowledgeofthebasicdemandandsupplymodeloftheworkingsofthemarket.-Explainconsumerb
5、ehaviorusingutilityaswellastheindifferencecurveanalysis.-Understandthenatureofelasticityanditspracticalapplications.-Understandhowfirmsorganizeproductionandtheunderlyinginterplayofcostsandproduction.-Explainhowfirmssetpricesandamounttoproduceunderdifferentmarketstructuressuchasperfectcompetitio
6、n,monopoly,monopolisticcompetitionandoligopoly.-Understandtheroleofgovernmentinthe‘free’market.-Knowabouttheroleoftaxes,subsidesandprovisionpublicgoods.Page1of7-Explainthenatureofeconomicinequitiesandtheirdeterminantsandeffectsonthesociety.III.RequiredTextbookandCourseMaterials:Title:Principles
7、ofMicroeconomicsEdition:6thAuthor:RobertFrankandBenBernankeISBN:978-0073517858IV.LanguageofInstruction:ThiscourseistaughtentirelyinEnglish,includinglectures,homework,assignmentsandexaminations.TeachingassistantswillbefluentinbothE
