Course Details
Course Code: ECON101 Course ID: 3725 Credit Hours: 3 Level: Undergraduate
Microeconomics is an overview course that covers how households (consumers), firms (producers), and governments interact in competitive and other markets to set prices, and determine what and how much is produced. Key concepts introduced include the role of scarcity and choice, incentives and competition, and the law of supply and demand.
Course Schedule
| Registration Dates | Course Dates | Start Month | Session | Weeks |
|---|---|---|---|---|
| 04/24/2023 - 09/29/2023 | 10/02/2023 - 11/26/2023 | October | Fall 2023 Session B | 8 Week session |
| 05/29/2023 - 11/03/2023 | 11/06/2023 - 12/31/2023 | November | Fall 2023 Session I | 8 Week session |
| 06/26/2023 - 12/01/2023 | 12/04/2023 - 01/28/2024 | December | Fall 2023 Session D | 8 Week session |
| 07/31/2023 - 12/29/2023 | 01/01/2024 - 02/25/2024 | January | Winter 2024 Session B | 8 Week session |
| 08/28/2023 - 02/02/2024 | 02/05/2024 - 03/31/2024 | February | Winter 2024 Session I | 8 Week session |
| 09/25/2023 - 03/01/2024 | 03/04/2024 - 04/28/2024 | March | Winter 2024 Session D | 8 Week session |
Current Syllabi
LO-1 Discuss the application of microeconomic theory to business.
LO-2 Differentiate between major economic systems.
LO-3 Explain the microeconomic problems faced by business during resources allocation to satisfy societal wants.
LO-4 Apply the concepts of supply and demand within business settings.
LO-5 Define and distinguish various economic costs (implicit, explicit, fixed, and variable costs).
LO-6 Examine the law of diminishing returns.
LO-7 Explore the impact that the ease of market entry and exit has on economic and business efficiency.
| Name | Grade % |
|---|---|
| Discussions | 20.00% |
| Week 1: Discussion 1 | 2.50% |
| Week 3: Discussion 3 | 2.50% |
| Week 2: Discussion 2 | 2.50% |
| Week 4: Discussion 4 | 2.50% |
| Week 5: Discussion 5 | 2.50% |
| Week 6: Discussion 6 | 2.50% |
| Week 7: Discussion 7 | 2.50% |
| Week 8: Discussion 8 | 2.50% |
| Midterm Exam | 20.00% |
| Midterm | 20.20% |
| Final Exam | 20.00% |
| Final Exam | 20.20% |
| Quizzes | 30.00% |
| Week 1 Quiz (Chapters 1 & 2) | 5.00% |
| Week 2 Quiz (Chapter 3) | 5.00% |
| Week 3 Quiz (Chapter 4 & 5) | 5.00% |
| Week 5 Quiz (Chapter 8) | 5.00% |
| Week 6 Quiz (Chapter 9 & 10) | 5.00% |
| Week 7 Quiz (Chapter 11) | 5.00% |
| Term Papers | 10.00% |
| Assignment #1 | 10.00% |