School of Business
ECO/365 Version 4
Principles of Microeconomics
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Course Description
This course provides students with the basic theories, concepts, terminology, and uses of microeconomics. Students learn practical applications for microeconomics in their personal and professional lives through assimilation of fundamental concepts and analysis of actual economic events.
Policies
Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents:
University policies: You must be logged into the student website to view this document.
Instructor policies: This document is posted in the Course Materials forum.
University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality.
Course Materials
Colander, D. C. (2010). Economics (8th ed.). New York, NY: McGraw-Hill.
All electronic materials are available on the student website.
Week One: Fundamentals of Microeconomics
Details
Due
Points
Objectives
1.1 Differentiate between macroeconomics and microeconomics.
1.2 Analyze the effect of changes in supply and demand on the equilibrium price and quantity.
1.3 Determine how elasticities affect pricing and purchasing decisions.
Reading
Read Ch. 1, 4, 5, 6, 7 of Economics.
Reading
Read this week’s Electronic Reserve Readings.
Participation
Participate in class discussion.
Continual
3
Discussion Questions
Respond to weekly discussion questions.
By Friday Sept 13
2
Nongraded Activities and Preparation
Article Analysis
Research the University Library and Internet, and select a recent news article concerning trends in