Summer 2015 Don Perry ECON 201 Introduction to Microeconomics

What You Need to Know - Tools Text: Microeconomics – Greg Mankiw (ver 7) Ebook (with access code) or hard copy Publishers software – Aplia homework, exams, gradebook Will need access code (bookstore or on-line) Grace period (free) starting 6/30/15 until 7/9/15 Bundled with and without text at the bookstore

At the Bookstore

Accessing Materials on Aplia How to access your Aplia course Econ 201 Microeconomics Summer 2015 Instructor: Donald Perry Start Date: 6/30/2015 Course Key: 2DAM-MCST-6W8N Registration Aplia is part of CengageBrain, which allows you to sign in to a single site to access your Cengage materials and courses. Connect to If you already have an account, sign in. From your Dashboard, enter your course key (2DAM-MCST-6W8N) in the box provided, and click the Register button. If you don't have an account, click the Create an Account button, and enter your course key when prompted:. Continue to follow the on-screen instructions.

What You Need to Know - Tools Organized by week 1. Each weekly folder 2. Lecture notes 3. Relevant articles

Overview of What We Will Be Doing I. Introduction to Economic Modeling/Thinking (Ch. 1-3) II. Modeling How Markets Work (Ch. 4-6) III. Market Efficiency and Economic Welfare (Ch. 7-9) IV. Market Failure – Negative/Positive Externalities and Common Property Resources (Ch. 10,11) V. Market Failure – Market Structure and Market Power – Competitive Markets, Monopoly and Oligopoly (Ch )

Grades – How Will They Be Determined? Three Components to Your Grade Calculation 1. Homework and Class Participation (25%) Assigned weekly, available in Aplia (mostly) 2. 1 On-line quizzes (10%) Week 3 – Friday – Chpt Analytical Short-Papers: 3-5 pages (25%) Week 4: Min Wage, Rent Control, Income Inequality, or Taxes Week 8: Carbon taxes, tradable carbon permits, Individually Tradable Quotas (Fisheries), Oligopolies 4. 2 In Class Exam (40%) Mid-term (Ch. 1-8) Final Exam (10-17)

Getting Started – Accessing Resources 1. Aplia Go to: 2. Course Key: 2DAM-MCST-6W8N 3. 3 week grace (free) period beginning 6/30/15 until 7/9/15