1. ECON 201 Introduction to Microeconomics
Winter2018 Don Perry

2. What You Need to Know - Tools
Text:
Microeconomics – Greg Mankiw (Version 7)
Not Aplia!
Most recent: 8th edition (not required)
Canvas
homework, in-class work/quizzes, gradebook

3. Required course Materials
Textbook
Gregory Mankiw, Principles of Microeconomics – 7th edition
Available in the bookstore
Hardbound, looseleaf or ebook Prior editions available from on-line sources (e.g. Amazon)
Bookstore: has “price-matching”
Canvas
Source for Homework problems
Source of In-class problems/worksheets
Grades
Relevant articles (classwork and extra credit analyses)

4. Getting Started Course Start/End Dates Begin: 01.03.18 End: 3.24.18
Finals Week: –
Final for this course: 8:00- 12:00 am, Wed, (on-line)
Textbook: Principles of Microeconomics by Mankiw (7th edition)

5. What You Need to Know - Tools
Also has: homework problems, quizzes, grades, assignments and readings

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

7. Grades – How Will They Be Determined?
Three Components to Your Grade Calculation
Homework (25%)
Assigned weekly, available in Aplia (mostly)
3 Exams (~17 % each – 50% total)
Exam 1 – Week 4 - Chpt. 1-4
Exam 2 – Week 7 - Chpt. 5-8
Exam 3 (Final) - Week 12 (13-17, 10,11)
3 Short papers/analysis of current topics (3 pages) (15%)
Class Participation (10%)

8. Short Papers Paper Length Analysis of current economic problem
Max of 3 pages
Analysis of current economic problem
Topic Assignment/Question available in Canvas
Suggested Outline
Problem Statement – what is the “economic problem”
Literature Survey
Brief review of what the academic economic literature says about it
Critical review of Article
Conclusion(s)

9. My Schedule and Office Hours
Mondays and Wednesdays– at North and UW Bothell
9-10 AM at North
Afternoon at UWB (Stats)
Tuesday and Thursdays– at North
9-10 AM Econ 201 (Micro)
10-11 AM Office hours
By Appointment – Fridays?