ECON 110 Spring 2013 Principles of Microeconomics (Q)

Also offered Fall 2012

This course is an introduction to the study of the forces of supply and demand that determine prices and the allocation of resources in markets for goods and services, markets for labor, and markets for natural resources. The focus is on how and why markets work, why they may fail to work, and the policy implications of both their successes and failures. The course focuses on developing the basic tools of microeconomic analysis and then applying those tools to topics of popular or policy interest such as minimum wage legislation, pollution control, competition policy, international trade policy, discrimination, tax policy, and the role of government in a market economy.
Class Format: lecture/discussion
Requirements/Evaluation: problem sets, quizzes, short essays, two midterms, final exam; Schmidt's section in the fall will have two midterm exams
Additional Info: this course is required of Economics and Political Economy majors and highly recommended for those non-majors interested in Environmental Studies and Women's, Gender and Sexuality Studies
Additional Info2:
Prerequisites: none
Enrollment Preference:
Department Notes: the department recommends students follow this course with ECON 120 or with a lower-level elective that has ECON 110 as its prerequisite; students may alternatively proceed directly to Intermediate Microeconomics after taking this introductory course
Material and Lab Fees:
Distribution Notes:
Divisional Attributes: Division II,Quantitative and Formal Reasoning
Other Attributes: ENVP Core Courses,POEC Required Courses
Enrollment Limit: 40
Expected Enrollment: 40
Class Number: 3405
ECON110-01(S) LEC Principles of Microeconomics (Q) Division 2: Social StudiesQuantitative and Formal Reasoning Ralph M. Bradburd
MR 1:10 PM-2:25 PM Schapiro Hall 129 3405
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