Department of Economics
Semester: Fall 09
Course Code : ECO 101
Course Title : Introduction to Microeconomics
Class Schedule : Section Day Time Room No.
11 MW 8:00AM-9:30AM NAC 401
15 MW 11.20AM-12.50PM NAC 401
Instructor : S.M. Zahid Iqbal (ZIq)
Office : NAC 829
Telephone : 885200 Ext – 1812
Office Hours : ST 9:00AM – 9:40AM,
2:30AM – 4:10PM
MW 9.30AM – 11.20AM
2.30PM – 4.00PM
(Or by Appointment)
E-mail : [email protected], [email protected]
TA : Iqbal
Principles of Microeconomics is an introduction to the principles explaining the economic behavior of individual decision-making units, such as consumers, producers and suppliers of the factors of production in the economy. Consideration is given to consumer and producer choice, particularly the formulation of prices and levels of output under various market structures of the economy.
Required Text : Economics by Roger A. Arnold, 8th edition, Thompson South-western, 2008.
Tentative Course Outline:
- What Economics is about?
- Economic Activities: Producing and trading
- Supply and Demand: Theory
- Supply and Demand: Practice
- Consumer Choice: Maximizing Utility and Behavioral Economics
- Production and Costs
- Perfect Competition
- Monopolistic Competition and Oligopoly
- Factor Markets: With Emphasis on the Labor Market
Class participation 5%
Midterm I 25%
Midterm II 25%
Final Exam 30%
Policy regarding exams
As a policy, the Dept. of Economics, NSU does not encourage make-up exams. Hence, the level of difficulty in the make-up questions will be harder than usual. If you have to miss an exam (Midterm) because of an emergency it is your responsibility to inform me in due time. Quizzes will be announced earlier and make-up of missed quizzes is not allowed under any circumstances. The final will be comprehensive.
Tentative Exam dates:
Midterm I – Expect it around the 8th class lecture. Schedule to be announced later.
Midterm II – Expect it around the 16th class lecture. Schedule to be announced later.
Final – Schedule according to the Registrar’s office.