Home » Faculty and Staff » Babu N.S. Dasari » Intermediate Microeconomics

Intermediate Microeconomics

RUTGERS UNIVERSITY
Department of Economics
Economics 203~ Intermediate Microeconomics ~ Spring 2013
Section 01: Tu. Th. 4:30 to 5:50 PM (Armitage Building: ATG – 201)

Instructor:

Babu N. S. Dasari

Office Hours:

Tu. Th. 2:00  – 3:00 PM (Armitage Hall – 317)

Email:

babu.dasari@rutgers.edu

(Email contact is strongly preferred; you must use your Rutgers email, and always mention course number & section in your email. During the week, I will normally respond within 48 hours. If I have not responded within 48 hours, please send a follow-up email) 

Course Description

This is Rutgers University’s undergraduate course in microeconomic theory. It is designed primarily for economics majors, economics minors, finance majors, and students going to graduate school in economics-related areas. The purpose of the course is to make the student competent in the language and tools of modern microeconomics. Although some attempts will be made to connect class material to the ‘real world’, the course will focus mainly on the theoretical structure of the subject.

Prerequisites

There are three prerequisites. First, students must have taken economics 101, and economics 102,or equivalent courses. Second, they must be fluent in basic algebra and comfortable with abstract arguments. Calculus will be used occasionally but not required. Third, they must be ready to attend class regularly.

Textbook

Jeffrey Perloff, Microeconomics, Addison Welsey (Pearson) 6th ed., 2012 (buy with access code to MyEconLab) ISBN: 9780132959728

Grading

Your grade in the course will be determined as follows:

Attendance

Online Homework

Mid Term 1

Mid Term 2

Final

10%

15%

20%

25%

30%

Attendance has a weight of 10% in your course grade There will be 2 midterms. Midterm 1 will be from Chapters 2, 3 and 4 comprising of 20% of your course grade. Midterm 2 will be from Chapters 5, 6 and 7 comprising of 25% of your course grade.  The final exam will be from Chapters 8, 9, 11 and 12 Monday, May 13, 2013 between 9:00 AM and 12:00 Noon.      

There is a 15% weight given to your online homework. In order to do your online homework, you should gain access to MyEconLab / PearsonMyLab. The following are couple of options to gain access to PearsonMyLab for doing your online homework.

  1. Buy hard textbook with package – PearsonMyLab  / MyEconLab
  2. Buy e-textbook with package – PearsonMyLab  / MyEconLab
  3. Buy access to MyEconLab / PearsonMylab by registering at pearsonmylab.com

Every online homework / assignment will be open for at least 7 days. After the due date you cannot access your online homework / assignment. In order to register to PearsonMyLab you need the following Course ID: dasari47415

Letter grades for the entire course will be assigned as follows:

Grade

Range

Grade

Range

Grade

Range

A

  B +

B

90 – 100

85 – 89.99

80 – 84.99

  C +

C

D

75 – 79.99

70 – 74.99

60 – 69.99

F

0 – 59.99

Course Policies

Missed Examinations and / Assignments

There will be no make-up tests! If you miss a test, the test will be scored as a “zero”.

Academic Violations

I follow a policy of zero tolerance for violations of standards of academic conduct. Please refer to the following document on Rutgers Academic Integrity Policy

http://academicintegrity.rutgers.edu/files/documents/AI_Policy_9_01_2011.pdf  

Disability Statement

This course is open to all students who meet the academic requirements for participation. Any student who has a need for accommodation based on the impact of a disability should contact the instructor privately to discuss the specific situation as soon as possible. Information about requesting accommodations can be found at:

http://learn.camden.rutgers.edu/disability/disabilities.html

COURSE OUTLINE* AND TEXT READING ASSIGNMENTS

Week

DATE

TOPICS/INFORMATION

READINGS

Wk.1

1/22&1/24

Introduction & Supply and Demand

Chapters 1 -2

Wk.2

1/29&1/31

Applying the Supply-and-Demand Model

Chapter 3

Wk.3

2/5&2/7

Consumer Choice

Chapter 4

Wk.4

2/12

Midterm 1 Review

 

Wk.4

2//14

Midterm 1 from Chapters 2, 3 and 4

 

Wk.5

2/19

Applying Consumer Theory

Chapter 5

Wk.5&6

2/21-2/28

Firms and Production

Chapter 6

Wk. 7

3/5&3/7

Costs

Chapter 7

Wk.8

3/12

Midterm 2 Review

 

Wk.8

3/14

Mid Term 2 from Chapters 5, 6 and 7

 

Wk.9

3/16-3/24

Spring-break

 

Wk.10

3/26&3/28

Competitive Firms and Markets Continued

Chapter 8

Wk.11

4/2&4/4

Applying the Competitive Model

Chapter 9

Wk.12

4/9&4/11

Monopoly

Chapter 11

Wk.13

4/16&4/18

Pricing and Advertising

Chapter 12

Wk.14

4/24&4/26

Oligopoly and Monopolistic Competition

Chapter 13

Wk.15

4/30&5/2

Final Exam Review

 

 

5/13

Final Examination from Chapters 8, 9, 11 and 12

 

*The course outline is subject to change.