Eco 101 Principles of Microeconomics Section 830 MWF 11:30- 12:25 Mahar 204 Welcome!

Dr. Liz Dunne Schmitt Dr. Liz Dr. Schmitt 431 Mahar x3455 Office hours: MW :20, T 11:15-12:15 and by appt.

Today Syllabus Intro to economics

What will we be studying? Eco 101 is the first economic theory course basic foundation of economics tools of discipline

Look at buyer and seller behavior (markets) role of government in markets consumer choice producer behavior determinants of income and poverty

Why have energy prices risen (fallen)?

Why does NYC rent control not work?

Is Microsoft a monopoly? Why do we care?

Is college worth the cost?

What causes the gender wage gap?

Why do airlines require a Saturday night stay for a low fare?

Course Materials Required: Intro to Microeconomics (2e) Edwin G. Dolan in both bookstores ($24 new)

Recommended course web site URL at top of the syllabus contains course information lecture notes exam study guides homeworks & answer keys

lecture notes Powerpoint slides You can print them 3-6 to a page

list I send about Grades Announcements Course information I only use Oswego address

if you use another address forward your campus to the account you use link to forwarding on the course web page

Eco 101 tutor hours TBA but please see me too!

Grading Policy 500 points total: 3 exams during the semester (100 pts. each) final exam (100 pts.) 6 homeworks (20 pts. each, lowest dropped) extra credit (at least 10 pts.) grading scale in the syllabus

exams 1, 2, 3 multiple choice & short answers/problems re-weighted at end of the semester 10% on lowest score 30% on highest score

final exam cumulative NOT re-weighted

How do I find out my grades? exams & homework handed back Grades will NOT be posted outside my office I will exam scores using your campus address No grades over the phone!

Makeups planned absence: 1 week’s notice emergencies: case-by-case must be an excused absence! must be documented! makeups may be essay exams or I may reweight other exams

Attendance regular attendance is expected attendance is taken you are responsible for information conveyed in class attendance is necessary to earn extra credit

Please be respectful of your classmates be on time do not talk during lecture do not have your phone on

Cheating you cheat, I catch you, you fail the course I have the right to ask you to move seats prior to or during an exam programmable calculators (e.g. TI- 83),translators, phones, PDAs, etc. are NOT allowed in exams

Course Schedule in syllabus note exam dates, homework due dates note the final exam date & time

Tips for success come to class with lecture notes to follow & augment read the book!! weekly “look-through” ask for help (ME or the tutor or ME) use available resources course web site

Why you should pass this course.

Why you should try to learn something in this course. Percentage of wage dispersion explained by skill factors. Huge variation in earnings of low vs. high-skilled college graduates

I know this course is not easy for many students Worthwhile things seldom are. We all learn and grow when we are challenged. If you are struggling, use the resources available for help.

if you need special accommodations, see me if you are having problems in the course, see me sooner NOT later

My professional obligations Punctuality Availability outside of class Office hours, appt., voic , Timely, detailed feedback Transparent grading Professional conduct Mastery of content