RYERSON UNIVERSITY
Ryerson University Department of Economics The Chang School of Continuing Education
Faculty of Arts Winter 2013
CECN 104 Introductory Microeconomics Professional/Professionally Related Course Anti-Requisites: C/ECN 110 and FMG 905
Instructor: Ibrahim Hayani Email: [email protected] Blackboard: my.ryerson.ca Course Description This course is concerned with basic concepts of demand and supply, the theory of the firm, and distribution of income. It includes a study of business behaviour and decision making under various market conditions: pure competition, oligopoly, monopolistic competition, monopoly. C/ECN 104 and C/ECN 204 (Introductory Macroeconomics) attempt to give students a basic understanding of the organization and structure of the Canadian economy. These introductory courses introduce students to the basic tools of economic analysis and show how these can be used to analyze specific economic issues and problems. Course Materials McConnell, Campbell R., Stanley Brue, Sean Flynn and. Thomas Barbiero (2012), Microeconomics, 12th Canadian Edition, McGraw-Hill Ryerson Limited. See http://www.mcgrawhill.ca/highereducation/products/9780070919525/microeconomics
Course Evaluation Evaluation consists of: Midterm Test: Assignments Final Exam:
40% (in class; 2 hours – 60 questions) 10% (mixture of multiple choice and problems. Weight of missing assignment to be added to final exam) 50% (in class; 2.5 hours – 75 questions)
Course Topics Week Topic Chapter 1 and 2 Introduction Chs.1 +2 _______________________________________________________________________ _ 3 Demand and Supply/Market Equilibrium, and Ch 3 _______________________________________________________________________ _ 4 and 5 Elasticity, Consumer Surplus, and Producer Surplus Ch 4 _______________________________________________________________________ _ 6 Study Break _______________________________________________________________________ _ 7 Midterm Test _______________________________________________________________________ _8 Consumer Choice and Utility Maximization Ch 5 _______________________________________________________________________ _9 Costs of Production Ch 6 _______________________________________________________________________ _10 Perfect Competition Ch 7 _______________________________________________________________________ _11 Monopoly Ch 8 _______________________________________________________________________ _12 Monopolistic Competition and Oligopoly Ch 9 _______________________________________________________________________ _13 Factors of Production Ch 12 _______________________________________________________________________ _Time Public Economics Ch 16 Permitting _______________________________________________________________________ _
Specific Course Management Policy Consistent attendance is important for success in this subject. If you are absent from class, please notify me by email. You are still responsible for the material and assignments missed. One of the main goals for the learning outcomes from this course is for students to learn to apply the subject matter to real life circumstances. Such an outcome is mainly achieved through learning tools such as lectures, class discussion and problem solving, and independent study including reading quality dailies and weeklies. Reading the Business Sections of the Globe and Mail, the Toronto Star, and the National Post, will give the subject a sense of relevancy and timeliness. Considerate classroom conduct, adequate class preparation, and constructive participation will enhance your academic experience and that of your fellow students. In particular, you are asked to be prompt, courteous, responsible and collaborative.
Writing Centre/English Language Support Students who feel that their language skills need to be improved should visit the Writing Centre at Ryerson (LIB 272B, http://www.ryerson.ca/writingcentre). The Centre offers a series of workshops and other tools to help students improve their writing/verbal skills . For students whose first language is not English the English Language Support (http://www.ryerson.ca/studentsservices/els/) offers task-based academic language workshops, individual help with written assignments, one-on-one conversation and pronounciation practice, as well as help with reading, listening and oral presentations .
Math Assistance Centre The Math Assistance Centre (LIB-549, http://www.ryerson.ca/mac) is there to support students across campus with their math skills and math-related courses. The Centre currently offers individual tutoring, as well as running Facilitated Study (FA-ST) groups.
Common Departmental Course Management Policy (See attachment with the same title)
Faculty of Arts Winter 2013
CECN 104 Introductory Microeconomics Professional/Professionally Related Course Anti-Requisites: C/ECN 110 and FMG 905
Instructor: Ibrahim Hayani Email: [email protected] Blackboard: my.ryerson.ca Course Description This course is concerned with basic concepts of demand and supply, the theory of the firm, and distribution of income. It includes a study of business behaviour and decision making under various market conditions: pure competition, oligopoly, monopolistic competition, monopoly. C/ECN 104 and C/ECN 204 (Introductory Macroeconomics) attempt to give students a basic understanding of the organization and structure of the Canadian economy. These introductory courses introduce students to the basic tools of economic analysis and show how these can be used to analyze specific economic issues and problems. Course Materials McConnell, Campbell R., Stanley Brue, Sean Flynn and. Thomas Barbiero (2012), Microeconomics, 12th Canadian Edition, McGraw-Hill Ryerson Limited. See http://www.mcgrawhill.ca/highereducation/products/9780070919525/microeconomics
Course Evaluation Evaluation consists of: Midterm Test: Assignments Final Exam:
40% (in class; 2 hours – 60 questions) 10% (mixture of multiple choice and problems. Weight of missing assignment to be added to final exam) 50% (in class; 2.5 hours – 75 questions)
Course Topics Week Topic Chapter 1 and 2 Introduction Chs.1 +2 _______________________________________________________________________ _ 3 Demand and Supply/Market Equilibrium, and Ch 3 _______________________________________________________________________ _ 4 and 5 Elasticity, Consumer Surplus, and Producer Surplus Ch 4 _______________________________________________________________________ _ 6 Study Break _______________________________________________________________________ _ 7 Midterm Test _______________________________________________________________________ _8 Consumer Choice and Utility Maximization Ch 5 _______________________________________________________________________ _9 Costs of Production Ch 6 _______________________________________________________________________ _10 Perfect Competition Ch 7 _______________________________________________________________________ _11 Monopoly Ch 8 _______________________________________________________________________ _12 Monopolistic Competition and Oligopoly Ch 9 _______________________________________________________________________ _13 Factors of Production Ch 12 _______________________________________________________________________ _Time Public Economics Ch 16 Permitting _______________________________________________________________________ _
Specific Course Management Policy Consistent attendance is important for success in this subject. If you are absent from class, please notify me by email. You are still responsible for the material and assignments missed. One of the main goals for the learning outcomes from this course is for students to learn to apply the subject matter to real life circumstances. Such an outcome is mainly achieved through learning tools such as lectures, class discussion and problem solving, and independent study including reading quality dailies and weeklies. Reading the Business Sections of the Globe and Mail, the Toronto Star, and the National Post, will give the subject a sense of relevancy and timeliness. Considerate classroom conduct, adequate class preparation, and constructive participation will enhance your academic experience and that of your fellow students. In particular, you are asked to be prompt, courteous, responsible and collaborative.
Writing Centre/English Language Support Students who feel that their language skills need to be improved should visit the Writing Centre at Ryerson (LIB 272B, http://www.ryerson.ca/writingcentre). The Centre offers a series of workshops and other tools to help students improve their writing/verbal skills . For students whose first language is not English the English Language Support (http://www.ryerson.ca/studentsservices/els/) offers task-based academic language workshops, individual help with written assignments, one-on-one conversation and pronounciation practice, as well as help with reading, listening and oral presentations .
Math Assistance Centre The Math Assistance Centre (LIB-549, http://www.ryerson.ca/mac) is there to support students across campus with their math skills and math-related courses. The Centre currently offers individual tutoring, as well as running Facilitated Study (FA-ST) groups.
Common Departmental Course Management Policy (See attachment with the same title)
