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Microeconomics

Rutgers University
Department of Economics
50-220-102: Principles of Microeconomics
Spring 2013

Instructor: Dr. Hamed
Text: Parkin, Michael, Microeconomics, 10th ed, Addison-Wesley
Office Hours: 10:00- 11:00 a.m MWF Or by appointment
Office: 331 Armitage Hall
E-mail: hamed@camden.rutgers.edu
Exams: There will be three class-period long exams, each assigned 25% of the final grade, and three 10 minute long quizzes, each assigned 5% of the final grade. The remaining 10% of the grade goes to class participation. Attendance is required. There will be no makeup for the quizzes.  Make-ups for the period long exams are not given except under extreme circumstances when legitimate excuses are presented.  In other words, your excuse has to be very convincing. Otherwise, you will get no credit for the exam. 

Week
Topic
Chapter
1&2
Basic Concepts
1
2&3
Demand and Supply
3
4&5
Elasticity
4
Exam 1
6
Utility Maximization
8
6&7
Output and Costs
11
7&8
Production under Perfect Competition
12
Spring Break
9
Monopoly
13
10
Monopolistic Competition
14
Exam 2
11
Resource Markets
18
skip pp. 428-431
12
Resource markets, Continued
Income Inequality and Redistribution 
19
13
Income Redistribution, Continued
Public Goods 
 16
14
Economics of the Environment
17
Exam 3