EC 318.01  Fall 2007

Microeconomic Theory

 

TH  9.35 – 11:15 am.,  Room 116, Whitehouse Business Center

Wartburg College, Waverly, IA

Kelvin Schuchart, MA, Sr. Lecturer in Economics

Office hours 12:30 to 1:00 pm daily or arranged.

 

Text.  Intermediate Microeconomics, Walter Nicholson.  9th Ed.  This text will only be available through the Instructor.  The Bookstore will not have the text.  It will be available in class on the first day of classes.

 

Class Schedule

 

Th.       6  Sept.            Ch. 1    Economic Models

T.         11 Sept            Ch. 2    Demand, Utility and Choice

Th.       13 Sept.

T.         18 Sept            Ch. 3    Individual Demand Curves

Th.       20 Sept.

T.         25 Sept            Ch. 4    Market Demand and Elasticity

Th.       27 Sept.

T          2  Oct.             Ch. 5    Production

Th        4  Oct.

T          9  Oct.             Ch. 6    Costs

Th        11  Oct.

T          16  Oct.           Ch. 7    Profit Maximization and  Supply

Th        18  Oct.

T          23  Oct.           TEST,  Ch. 1 through 7

FALL BREAK

T.         30  Oct.           Ch. 8    Perfect Competition

Th.       1  Nov.

T.         6  Nov.                        Ch. 9    The competitive model

Th.       8  Nov.

T.         13  Nov.          Ch 10   Monopoly

Th.       15  Nov.          Ch. 11  Imperfect Competition

T.         20  Nov.          TEST,  Ch. 8 through 11

THANKSGIVING BREAK

T.         27  Nov.          Ch. 12  Strategy and Game Theory

Th        29  Nov.

T.         4  Dec.             Ch. 13 Labor markets

Th        6 Dec.              Review

 

FINALS

Week of December 10th, 2007.

 

Grading.  Grades are to be determined by allowing 100 points per test (three of those), another 100 for discussion/participation, and 100 points from miscellaneous assignments.

Your course grade is determined on a percentage basis of all points available: 100-90 =A; 89-80 = B; 79 - 70 = C; 69 - 60  = D;  below 60% is failing.  Attendance is always a consideration.  I appreciate advance notification (email), if you know you are going to be absent.

Grades are compiled based on tests, quizzes, additional assignments, and activities.  Some assignments may be emailed.

 

 

Academic Honesty

By attending Wartburg College, students pledge their dedication to the Honor Code.

"As matter of personal commitment, students, faculty, and staff of Wartburg College are expected to demonstrate four simple principles.

1) All submitted work must be your own.

2) When using the work or ideas of others, including fellow students, provide full credit through accurate citations.

3) Ask for clarification if there is uncertainty about citation rules on a particular assignment.

4) Maintain academic honesty on examinations and class assignments."

 

Special Needs

The Americans with Disabilities Act of 1990 (ADA) provides protection from illegal discrimination for qualified individuals with disabilities.  Students requesting instructional accommodations due to disabilities must arrange for such accommodations by contacting the Dean of Students Deborah Loers.  She can be reached at the Student Life office, Saemann Student Center 195, 352-8260, deborah.loers@wartburg.edu.  Accommodation should be requested PRIOR to affected assignment due dates.