Economics 160 Microeconomic Principles Introduction Department of Economics College of Business and Economics California State University-Northridge Professor Kenny Ng

Adding the Course This course is currently full. At the end of class students can put their name and on the waiting list. A random number generator will be used to rank the students on the list. Students on the waiting list will be notified by and given permission numbers to add the class as seats open. The permission numbers will be good for 48 hours. If a student doesn't use the permission number to add the class within the allotted time, the open seat will be passed on to the next student on the list. Students not present on the first day of class will be placed on the bottom of the waiting list. Seats will continue to be given out until the 4th week of class. The waiting list will be posted online so that students can monitor their position on the list. After the first three weeks of the semester, the CSUN late drop policy will be strictly followed.

Economics 160, Fall 2011 Waiting List RankName AddressStatus Michael Tyron for permission number Bertram, for permission number Natasha for permission number Michael for permission number Danny for permission number Avedis for permission number Peterson, for permission number Liu, for permission number Anderson, Chad for permission number Shu, for permission number

University Drop/Add Policy Changes in academic schedules after the end of the Late Registration/Schedule Adjustment Period, or after the twentieth day of instruction (i.e., Week 4) of the fall or spring semesters, are rarely approved and only in cases where the student can provide written proof of extraordinary circumstances that have arisen from events beyond his or her control. Withdrawals are not permitted during the final three weeks of instruction or thereafter except in cases such as accident or serious illness where the cause of the withdrawal is clearly beyond the student's control and the assignment of an incomplete is not practical. For all academic terms, the situations listed in the paragraph below DO NOT meet the criteria of extraordinary circumstances. Furthermore, there must be no viable alternative to the requested change, such as repeating the course or enrolling in the course in the following term. The following situations ARE NOT considered extraordinary circumstances and WILL NOT be approved to justify a change in schedule after the end of the Late Registration/Schedule Adjustment Period nor after the fourth week of instruction in the fall and spring semesters:  failing the class or receiving less-than-desired grade;  waiting for the instructor to give a permission number;  failing to take action to add or drop a class, assuming incorrectly that the instructor will do it for the student;  failing to make payment of registration and/or waiting for financial aid;  the need to work because of financial considerations or opportunities;  encountering a situation that should have been anticipated, such as the need to have transportation, the need to pay for ordinary living expenses, the need for child care;  aspirations of either the student or his/her family in regard to GPA, the dean's list, graduate school, scholarships, etc.;  dissatisfaction with course material, instructor, instructional method, or class intensity;  lack of motivation, change in academic interests, or change of major;  participation in extracurricular activities; or  academic overload and inability to keep up in all classes. The following situations are typically the only ones that would meet the standard of extraordinary circumstances for which there is no viable alternative and would justify a change in schedule after the twentieth day of instruction:  medical documentation that the academic schedule is detrimental to the student's physical or mental health (see section on Complete and Partial Medical Withdrawals below)Complete and Partial Medical Withdrawals  activation for compulsory military duty  relocation out of the immediate area

Course Websites CSUNECON.COM Aplia.com

Textbook Online Textbook: Roger Arnold. Microeconomics, 10 th Edition. Subscribe to textbook online at Aplia.com Course Key: GJAV-8H5J- K6FE. Subscription includes access to online homework. Payment is not required until the 3 rd week of classes. CSUNecon.com

Additional Reading: Supplements to the Textbook Capitalism and Freedom, 40 th Anniversary Edition by Milton Friedman (ISBN ) Basic Economics, A Common Sense Guide to the Economy by Thomas Sowell (ISBN ).

Additional Reading for the Term Paper: These books are available for purchase from the bookstore but are also available used from sites such as ABE.com, Amazon.com, etc. Asian Godfathers, Money and Power in Hong Kong by Joe Studwell (ISBN ) The Russians by Hedrick Smith (ISBN ). Any edition acceptable

Online Problem Sets The reading assignments are listed by week on the Aplia.com course outline.  The course outline shows what the student should be reading, doing, and thinking about each week of the course.  The course outline will show exam and due dates.  The course outline contains links to all downloadable materiel, e.g. lecture notes, old exams, worksheets. Almost weekly homework is done on online using the Aplia.com website.  Requires a subscription.  Course Key: GJAV-8H5J-K6FE.  Assignments will occur about once a week and will be due Tuesday at Noon. The first graded Aplia.com assignment is due the fourth week of class. Only the graded assignments are scored and count towards your grade. If you are trying to add the class you should do the homework because there will be no forgiveness for late adding students who miss the first couple of week’s homework's. GJAV-8H5J-K6FE.

Online Homework Policy The online homework is required. It is the student’s responsibility to complete the homework before the due date/time. It is the student’s responsibility to use the Aplia.com site correctly.  This includes but is not limited to making sure answers are entered, submitted, and recorded by the Aplia.com site. Technical problems (unless the Aplia.com site goes down) are the students responsibility.  This includes but is not limited to the student’s internet connection and the functioning/configuration of their personal computer.

Grading The course grade is based on Aplia.com online problem sets, 2 exams and a final.  Aplia.com assignments- 20%  Midterm Exam- 20%  Term Paper – 20%  Comprehensive Final- 40%. The in-class exams will consist of essay/problem solving questions based on the lecture notes, homework, and textbook. The term paper assignment will be available in after the midterm. There will be no plus/minus grading. There will be a limited number of surprise in-class quizzes worth 10 point each whose scores will be added to the next exam.

Missed Exam Policy Students are responsible for appearing and taking the exam at the scheduled place and time. Any student not taking the exam will receive a zero score. An excused missed exam must be approved in advance.  Sending an unacknowledged or leaving an unreturned voice mail does not excuse a student from taking the exam. There are no excused missed Final Exams.

Online Grade Roster Homework scores, quiz scores, exam scores and grades, summary statistics, and your current grade in the class are posted on the Online Grade Roster. To maintain confidentiality, scores and grades are posted under an alias (10-digit number) which you enter when you subscribe to the Aplia.com website. Students who fail to enter a 10 digit number when registering for Aplia.com will be unable to check the scores and grades online.

The Curve Grades in the class will be mean based.  Letter grade is determined by how well each student performs relative to the average performance of all students in the class.  Roughly speaking the mean will be a C in the class. Detailed information about computing grades can be found on the Grading FAQ at CSUNECON.com Traditionally, this class, regardless of professor, has had a high fail rate with many students forced to retake the class. This class is unlike many 100-level courses where you can attend class sporadically, don’t keep up with the lectures, don’t do the homework and cram 24 hours prior to the exam.

Supplemental Instruction Supplemental Instruction is available for the class. UNIV 60E Class Number: 19313, TTH 2-2:30 PM, JD 2524

For Next Class Look on the Aplia.com course outline for Thursday.  Read Chapter 1 in Arnold.