Course Syllabus
Endicott College
Van Loan School
Beverly, Massachusetts
Undergraduate Department
Course Syllabus
Course No: ECN202
Course Title: Microeconomics
Credits: 3
Class Type: Hybrid, Endicott College, Wax 329, 6:00-9:30 PM
Semester and Year: Spring 2020 (Dates: 1/29-3-11/2020)
Faculty: Dr. James Lacey
Office Location: Wax 352
Telephone: 978-232-2583
E-mail: jlacey@endicott.edu
Office Hours: By appointment
Catalog Description
Examines the basic concepts of microeconomics, including theories and models that describe how consumers and producers of goods and services make rational economic choices, and the implications of those choices for market prices, quality, and product variety. Looks at demand and supply elasticity, the nature of competitive rivalry, factors of production, income distribution, and the impact of government regulation. Satisfies the Global Issues General Education requirement.
Learning Outcomes
- Analyzes information; utilizes logic; recognizes patterns and forms conclusions; recognizes and evaluates assumptions, theses, and support of arguments.
- Emphasis placed on how individual markets and firms should react to the changing global business environment.
Teaching/Learning Strategies
Lectures, class discussions, student presentations.
Required Readings
Principles of Microeconomics 2e by Steven A. Greenlaw and David Shapiro, 2019, Pub: OpenStax. Free via Canvas and as a download ebook.
Evaluation Methods
Assessment |
Points |
Class Participation/Discussions (3) |
20 |
Quizzes (3) |
20 |
Short Papers (3) |
35 |
Final Project (PowerPoint and Presentation) |
25 |
Total |
100 |
Assessment Description
- Discussions are online
- Quizzes are based on your reading and are online
- Paper 1: Description and Business Model
- Paper 2: Analysis of Demand and Supply (including Global Elements)
- Paper 3: Market Structure and Resulting Strategy
- Final Project: PowerPoint and In-class Presentation
Grading Scale-Undergraduate
A 94-100 (4.0); A- 90-93 (3.7); B+ 87-89 (3.3); B 84-86 (3.0); B- 80-83 (2.7); C+ 77-79 (2.3); C 74-76 (2.0); C- 70-73 (1.7); D+ 67-69 (1.3); D 64-66 (1.0); D- 60-63 (0.7); F Below 60 (0.0)
ADA Policy
If you, as a student, believe that you qualify as a person with a disability as defined in Chapter 504 of the Rehabilitation Act of 1973, the Americans with Disabilities Act (ADA) of 1990, and the Americans with Disabilities Act Amendments Act of 2008 (ADAAA), you are strongly encouraged to register with the Accessibility Services Office located on the 2nd Floor of the Diane M. Halle Library and online at the Center for Accessibility Services website. Faculty will then be notified directly from the Accessibility Services Office of any approved academic accommodations including extended time eligibility.
Academic Integrity Statement
Students are required to abide by the Academic Integrity Policy (https://goo.gl/CBD2qJ) of Endicott College.
Course Credit Guidelines
**For Accelerated face-to-face courses:
This course is a 3-credit course, which means that in addition to the scheduled meeting times, students are expected to do at least 18.5 hours of course-related work each week of the term. This includes work done completing assigned readings, studying for test and examinations, preparing written assignments, and other course-related tasks.
Students must review the Academic Calendar published by the Registrar’s Office online at:
http://www.endicott.edu/Undergrad/Academic-Calendar.aspx
Class attendance is expected of all students up to and including the last day of scheduled classes in the semester. Students must plan accordingly.
Topical Outline and Timeline
Week |
Date |
Format |
Topic |
Reading |
Assignment |
1 |
1/29 |
Classroom |
Introduction |
Ch. 1 and Appx. A |
Quiz |
2 |
2/5 |
Online |
Demand and Supply |
Ch. 2 and 3 |
Short Paper |
3 |
2/12 |
Classroom |
Elasticity and Consumer Choice |
Ch. 5 and 6 |
Quiz |
4 |
2/19 |
Online |
Labor, Finance, and Production |
Ch. 4 and 7 |
Short Paper |
5 |
2/26 |
Classroom |
Market Structure I |
Ch. 8 and 9 |
Quiz |
6 |
3/4 |
Online |
Market Structure II |
Ch. 10 and 11 |
Short Paper |
7 |
3/11 |
Classroom |
Application of Economics |
NA |
Final Project |
Syllabus is subject to change
Dated: 1/29/2020
Course Summary:
Date | Details | Due |
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