Microeconomic Principles

Course Details

Course Number: 2433  Section Number: 102

Fall 2010

Location: Dillard College of Business Administration

Classroom Number: 121

Days & Times:

11:00a - 12:20p

Course Attachments

Syllabus  syl-jg0622MWS-2010-Fall-ECON2433-20100826-152111.doc


MSU Faculty Member
Dr. Alejandro Gelves   
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Course Objectives

The main objective of the course is to provide the student with an understanding of
economics as a part of everyday life and introduce some basic microeconomic concepts to
help him/her better understand the economy of the United States and the world.

General Learning Goal:

1. Problem solving and decision-making abilities through critical analysis, evaluation,
and interpretation of business information.

The students will demonstrate their abilities in problem solving and decision-making
by applying microeconomic concepts to the problem section of homework and exams.

2. An understanding of the influence of global and multicultural issues on business

The students will gain the basic understanding of international trade and related issues by
working on homework and solving problems in the homework and the examinations
related to the topic.

These general learning goals are among those established by the Dillard College of
Business Administration. General learning goals represent the skills that graduates will
carry with them into their careers. While assessing student performance in obtaining
these general learning goals, the College hopes to assess its programs. The assessments
will assist us as we improve our curriculum and curriculum delivery.

Course Expectations

Course Specific Learning Goals:

• Understand the demand and supply model
• Understand production and costs
• Understand pricing and production under competition and monopoly
• Gain basic knowledge of international trade
• Understand Oligopoly

Grading Standards

Grades will be determined on the basis of the total points earned on three exams, including the final, and a series of homework. Letter grades will be given, with only minor adjustments, according to the following scale:

Examination #1 100 points
Examination #2 100 points
Homework 100 points
Final Examination 200 points
Total 500 points

A 450 - 500 points D 300 - 349 points
B 400 - 449 points F below 300 points
C 350 - 399 points

The examination will cover the assigned chapters, in-class lectures, and any other assigned
readings. Students are responsible for all assigned textbook material, even if it is not
directly discussed in class.

Keep all the exams and quizzes until the end of the semester to verify any discrepancy in records. If you happen to be absent on the day the quizzes or exams are returned in the class, you must come to my office to pick them up.

Submission Format PolicyNote: You may not submit a paper for a grade in this class that already has been (or will be) submitted for a grade in another course, unless you obtain the explicit written permission of me and the other instructor involved in advance.

Plagiarism Policy Plagiarism is the use of someone else's thoughts, words, ideas, or lines of argument in your own work without appropriate documentation (a parenthetical citation at the end and a listing in "Works Cited")-whether you use that material in a quote, paraphrase, or summary. It is a theft of intellectual property and will not be tolerated, whether intentional or not.

Student Honor Creed

As an MSU Student, I pledge not to lie, cheat, steal, or help anyone else do so."

As students at MSU, we recognize that any great society must be composed of empowered, responsible citizens. We also recognize universities play an important role in helping mold these responsible citizens. We believe students themselves play an important part in developing responsible citizenship by maintaining a community where integrity and honorable character are the norm, not the exception. Thus, We, the Students of Midwestern State University, resolve to uphold the honor of the University by affirming our commitment to complete academic honesty. We resolve not only to be honest but also to hold our peers accountable for complete honesty in all university matters. We consider it dishonest to ask for, give, or receive help in examinations or quizzes, to use any unauthorized material in examinations, or to present, as one's own, work or ideas which are not entirely one's own. We recognize that any instructor has the right to expect that all student work is honest, original work. We accept and acknowledge that responsibility for lying, cheating, stealing, plagiarism, and other forms of academic dishonesty fundamentally rests within each individual student. We expect of ourselves academic integrity, personal professionalism, and ethical character. We appreciate steps taken by University officials to protect the honor of the University against any who would disgrace the MSU student body by violating the spirit of this creed. Written and adopted by the 2002-2003 MSU Student Senate.

Students with Disabilities The Americans with Disabilities Act (ADA) is a federal anti-discrimination statute that provides comprehensive civil rights protection for persons with disabilities. Among other things, this legislation requires that all students with disabilities be guaranteed a learning environment that provides for reasonable accommodation of their disabilities. If you believe you have a disability requiring an accommodation, please contact the Disability Support Services in Room 168 of the Clark Student Center, 397-4140.

Safe Zones Statement The professor considers this classroom to be a place where you will be treated with respect as a human being - regardless of gender, race, ethnicity, national origin, religious affiliation, sexual orientation, political beliefs, age, or ability. Additionally, diversity of thought is appreciated and encouraged, provided you can agree to disagree. It is the professor's expectation that ALL students consider the classroom a safe environment.

Contacting your Instructor All instructors in the Department have voicemail in their offices and MWSU e-mail addresses. Make sure you add your instructor's phone number and e-mail address to both email and cell phone lists of contacts.

Attendance Requirements

Students are expected to attend all class meetings for this course, following the university attendance policy. (See Midwestern State University Undergraduate Catalog, Vol. LXXVII, No. 1, 2008-2010, p. 90). Each meeting of the class will run as scheduled. So as not to disturb the class, you are not to walk in and out of the classroom during the class hour except for an emergency. The students who fail to meet any of these policies may be dropped from the class with a grade of “F” by the instructor.

Other Policies

If a student misses a regularly scheduled exam, the student must immediately notify the instructor of his/her intention to schedule a make-up exam. There is no other recourse available for a missed exam in the class. The exam dates are tentative and subject to change. Homework and assigned problems at the end of each relevant chapter listed provide the basis for examinations.

WebCT as a Course Supplement

WebCT will be used as a supplement. I will use WebCT to facilitate the distribution of the syllabus, class schedule, problem assignments, and various demonstration problems. In addition, all grades will be posted on WebCT to insure student privacy.


Academic Integrity:

With regard to academic honesty, students are referred to the “Student Honor Creed” on pp. 22-23 of Midwestern State University Undergraduate Catalog, Vol. LXXVII, No. 1, 2008-2010.

Americans with Disability Act:

This class follows the guidelines suggested by the Center for Counseling and Disabilities Services for those students who qualify for disability services. See Midwestern State University Undergraduate Catalog, Vol. LXXVII, No. 1, 2008-1020, pp. 26-27.

Dillard Building Classroom Policy:

• No food or drink is allowed in the classroom.
• Keep cell phones dormant in the classroom.

Syllabus Change Policy:

This syllabus is a guide for the course and is subject to change.

Writing Proficiency Requirement All students seeking a Bachelor's degree from Midwestern State University must satisfy a writing proficiency requirement once they've 1) passed English 1113 and English 1123 and 2) earned 60 hours. You may meet this requirement by passing either the Writing Proficiency Exam or English 2113. Please keep in mind that, once you've earned over 90 hours, you lose the opportunity to take the $25 exam and have no option but to enroll in the three-credit hour course. If you have any questions about the exam, visit the Writing Proficiency Office website at http://academics.mwsu.edu/wpr, or call 397-4131.