ECON 200 I: Introduction to Microeconomics



Syllabus Spring 2013

Econ 300 D – Intermediate Microeconomics

Instructor: Emre Aylar (emre@uw.edu)

Office: Savery Hall 319 F

Office Hours: Tuesday 9:45-10:45

Wednesday 10:30-11:30 or by appointment

Class Website:

Course Description: This class is an intermediate course into microeconomics. Topics include consumer theory, theory of the firm, and market power. Although there will be some overlap of ideas with introductory courses in economics the approach is more quantitative and a knowledge of calculus is necessary. Economics is learned actively through practice. Students are expected to attend lectures, read the textbook, and work through practice problems.

Textbook: Microeconomics by Jeffrey M. Perloff

Grading: Grades will be distributed as follows:

• Quizzes – 20% with each quiz accounting for 5% of the grade

• Exams – 80% with each exam accounting for 40% of the grade

There will be 4 quizzes. Quizzes will consist of multiple choice questions only, and reading the textbook is the best way to prepare for quizzes. Also, there will be two noncumulative exams. Each exam will include essay type numerical problems only. There will be no extra-credit paper, assignment etc... to increase your grade.

Homework:

• Suggested homework problems will be posted online.

• You don't need to hand in the suggested homework, but it is a good practice preparing for exams.

Finally, this class is curved. The grading policy of the Department of Economics determines the range for the median grade in Intermediate Microeconomics courses to be between 2.9 and 3.1. Therefore, the grading scale will be adjusted in order to meet the department requirement.

Make-up Exam Policy: Make-up quizzes, tests will not be given unless student presents a valid medical note issued by a medical professional on the original test date or a note from a UW sports team coach indicating that student was missing due to a game/tournament.

Quiz and Exam Dates: Quiz 1: April 15

Quiz 2: April 29

Midterm: May 6

Quiz 3: May 20

Quiz 4: May 29

Final: June 5

Tentative Schedule

I reserve the right to change the schedule below if needed as the course progresses.

|Week |Learning subjects or Plans |Readings |

|Week 1 | • Math Review | |

| |• Supply and Demand |Ch.2 |

|Week 2 | • Supply and Demand |Ch.2 |

| |• Applying the Supply-and-Demand Model |Ch. 3 |

|Week 3 | • Applying the Supply-and-Demand Model |Ch. 3 |

| |• Consumer Choice |Ch. 4 |

|Week 4 | • Consumer Choice |Ch. 4 |

| |• Applying the Consumer Theory |Ch. 5 |

|Week 5 | • Applying the Consumer Theory |Ch. 5 |

| |• Firms and Production |Ch. 6 |

|Week 6 | • Midterm |Ch. 7 |

| |• Costs | |

|Week 7 | • Costs |Ch. 7 |

| |• Competitive Firms and Markets |Ch. 8 |

|Week 8 | • Applying the Competitive Model |Ch. 9 |

| |• General Equilibrium: Edgeworth Box |Ch. 10 |

| |• Monopoly |Ch. 11 |

|Week 9 | • Holiday | |

| |• Game Theory: Static Games |Ch. 14 |

| |• Oligopoly |Ch.13 |

|Week 10 | • Oligopoly |Ch. 13 |

| |• Final | |

Note: The schedule would be modified as needed.

The Reading lists refer only to Perloff's book.

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