Course Modules: ECN202-OL01-FA23 MICROECONOMICS

Week 1

Week 1 Week 1

Page

Welcome to ECN202 (Home Page) Welcome to ECN202 (Home Page) 1

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Discussion Topic

Introductions (W1 Discussion) Introductions (W1 Discussion) 5 2

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Quiz

Quiz (W1) Quiz (W1) 5 3

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Attachment

OpenStax_Economics_CH01_ImageSlideshow-acc.pptx OpenStax_Economics_CH01_ImageSlideshow-acc.pptx 4

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Attachment

OpenStax_Economics_Appendixes_ImageSlideshow_revised-acc.pptx OpenStax_Economics_Appendixes_ImageSlideshow_revised-acc.pptx 5

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Page

Figure 2A Data Figure 2A Data 6

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Context Module Sub Header

Important: You Must Complete Week 1 Before Moving on to Week 2 7

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Week 2

Week 2 Week 2

Prerequisites: Week 1

Attachment

climate-change-ma.pdf climate-change-ma.pdf 1

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Page

Demand and Supply Demand and Supply 2

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Discussion Topic

Discussion (W2) Discussion (W2) 5 3

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Assignment

Short Paper (W2) Short Paper (W2) 10 4

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Attachment

OpenStax_Economics_CH02_ImageSlideshow-acc.pptx OpenStax_Economics_CH02_ImageSlideshow-acc.pptx 5

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Attachment

OpenStax_Economics_CH03_ImageSlideshow-acc.pptx OpenStax_Economics_CH03_ImageSlideshow-acc.pptx 6

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Week 3

Week 3 Week 3

Page

Consumer Behavior Consumer Behavior 1

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Discussion Topic

Discussion (W3) Discussion (W3) 5 2

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Quiz

Quiz (W3) Quiz (W3) 5 3

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Attachment

OpenStax_Economics_CH05_ImageSlideshow-acc.pptx OpenStax_Economics_CH05_ImageSlideshow-acc.pptx 4

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Attachment

OpenStax_Economics_CH06_ImageSlideshow-acc.pptx OpenStax_Economics_CH06_ImageSlideshow-acc.pptx 5

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Week 4

Week 4 Week 4

Page

Supply and Production Supply and Production 1

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Discussion Topic

Discussion (W4) Discussion (W4) 5 2

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Assignment

Short Paper (W4) Short Paper (W4) 10 3

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Attachment

OpenStax_Economics_CH04_ImageSlideshow-acc.pptx OpenStax_Economics_CH04_ImageSlideshow-acc.pptx 4

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Attachment

OpenStax_Economics_CH07_ImageSlideshow-acc.pptx OpenStax_Economics_CH07_ImageSlideshow-acc.pptx 5

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Week 5

Week 5 Week 5

Page

Market Structure -- Part 1 Market Structure -- Part 1 1

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Discussion Topic

Discussion (W5) Discussion (W5) 5 2

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Quiz

Quiz (W5) Quiz (W5) 10 3

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Week 6

Week 6 Week 6

Page

Market Structure -- Part 2 Market Structure -- Part 2 1

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Attachment

Game Theory.docx Game Theory.docx 2

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Discussion Topic

Discussion (W6) Discussion (W6) 5 3

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Assignment

Short Paper (W6) Short Paper (W6) 10 4

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Week 7

Week 7 Week 7

Page

Choose Your Own Adventure Choose Your Own Adventure 1

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Assignment

Final Project Final Project 10 2

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Chapter 1

Chapter 1 Chapter 1

Context Module Sub Header

Chapter Readings 1

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External Url

1 Introduction 1 Introduction 2

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External Url

1.1 What Is Economics, and Why Is It Important? 1.1 What Is Economics, and Why Is It Important? 3

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External Url

1.2 Microeconomics and Macroeconomics 1.2 Microeconomics and Macroeconomics 4

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External Url

1.3 How Economists Use Theories and Models to Understand Economic Issues 1.3 How Economists Use Theories and Models to Understand Economic Issues 5

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External Url

1.4 How To Organize Economies: An Overview of Economic Systems 1.4 How To Organize Economies: An Overview of Economic Systems 6

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Attachment

OpenStax_Economics_CH01_ImageSlideshow-acc.pptx OpenStax_Economics_CH01_ImageSlideshow-acc.pptx 8

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Chapter 2

Chapter 2 Chapter 2

Context Module Sub Header

Chapter Readings 1

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External Url

2 Introduction to Choice in a World of Scarcity 2 Introduction to Choice in a World of Scarcity 2

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External Url

2.1 How Individuals Make Choices Based on Their Budget Constraint 2.1 How Individuals Make Choices Based on Their Budget Constraint 3

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External Url

2.2 The Production Possibilities Frontier and Social Choices 2.2 The Production Possibilities Frontier and Social Choices 4

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External Url

2.3 Confronting Objections to the Economic Approach 2.3 Confronting Objections to the Economic Approach 5

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Attachment

OpenStax_Economics_CH02_ImageSlideshow-acc.pptx OpenStax_Economics_CH02_ImageSlideshow-acc.pptx 7

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Chapter 3

Chapter 3 Chapter 3

Context Module Sub Header

Chapter Readings 1

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External Url

3 Introduction to Demand and Supply 3 Introduction to Demand and Supply 2

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External Url

3.1 Demand, Supply, and Equilibrium in Markets for Goods and Services 3.1 Demand, Supply, and Equilibrium in Markets for Goods and Services 3

external_url 1193645 0

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External Url

3.2 Shifts in Demand and Supply for Goods and Services 3.2 Shifts in Demand and Supply for Goods and Services 4

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External Url

3.3 Changes in Equilibrium Price and Quantity: The Four-Step Process 3.3 Changes in Equilibrium Price and Quantity: The Four-Step Process 5

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External Url

3.4 Price Ceilings and Price Floors 3.4 Price Ceilings and Price Floors 6

external_url 1193648 0

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External Url

3.5 Demand, Supply, and Efficiency 3.5 Demand, Supply, and Efficiency 7

external_url 1193649 0

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Attachment

OpenStax_Economics_CH03_ImageSlideshow-acc.pptx OpenStax_Economics_CH03_ImageSlideshow-acc.pptx 9

attachment 1193651 0

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Chapter 4

Chapter 4 Chapter 4

Context Module Sub Header

Chapter Readings 1

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External Url

4 Introduction to Labor and Financial Markets 4 Introduction to Labor and Financial Markets 2

external_url 1193653 0

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External Url

4.1 Demand and Supply at Work in Labor Markets 4.1 Demand and Supply at Work in Labor Markets 3

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4.2 Demand and Supply in Financial Markets 4.2 Demand and Supply in Financial Markets 4

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4.3 The Market System as an Efficient Mechanism for Information 4.3 The Market System as an Efficient Mechanism for Information 5

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Attachment

OpenStax_Economics_CH04_ImageSlideshow-acc.pptx OpenStax_Economics_CH04_ImageSlideshow-acc.pptx 7

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Chapter 5

Chapter 5 Chapter 5

Context Module Sub Header

Chapter Readings 1

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5 Introduction to Elasticity 5 Introduction to Elasticity 2

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5.1 Price Elasticity of Demand and Price Elasticity of Supply 5.1 Price Elasticity of Demand and Price Elasticity of Supply 3

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5.2 Polar Cases of Elasticity and Constant Elasticity 5.2 Polar Cases of Elasticity and Constant Elasticity 4

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5.3 Elasticity and Pricing 5.3 Elasticity and Pricing 5

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5.4 Elasticity in Areas Other Than Price 5.4 Elasticity in Areas Other Than Price 6

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Attachment

OpenStax_Economics_CH05_ImageSlideshow-acc.pptx OpenStax_Economics_CH05_ImageSlideshow-acc.pptx 8

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Chapter 6

Chapter 6 Chapter 6

Context Module Sub Header

Chapter Readings 1

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6 Introduction to Consumer Choices 6 Introduction to Consumer Choices 2

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6.1 Consumption Choices 6.1 Consumption Choices 3

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6.2 How Changes in Income and Prices Affect Consumption Choices 6.2 How Changes in Income and Prices Affect Consumption Choices 4

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6.3 Behavioral Economics: An Alternative Framework for Consumer Choice 6.3 Behavioral Economics: An Alternative Framework for Consumer Choice 5

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OpenStax_Economics_CH06_ImageSlideshow-acc.pptx OpenStax_Economics_CH06_ImageSlideshow-acc.pptx 7

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Chapter 7

Chapter 7 Chapter 7

Context Module Sub Header

Chapter Readings 1

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7 Introduction to Production, Costs, and Industry Structure 7 Introduction to Production, Costs, and Industry Structure 2

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7.1 Explicit and Implicit Costs, and Accounting and Economic Profit 7.1 Explicit and Implicit Costs, and Accounting and Economic Profit 3

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7.2 Production in the Short Run 7.2 Production in the Short Run 4

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7.3 Costs in the Short Run 7.3 Costs in the Short Run 5

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7.4 Production in the Long Run 7.4 Production in the Long Run 6

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7.5 Costs in the Long Run 7.5 Costs in the Long Run 7

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OpenStax_Economics_CH07_ImageSlideshow-acc.pptx OpenStax_Economics_CH07_ImageSlideshow-acc.pptx 9

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Chapter 8

Chapter 8 Chapter 8

Context Module Sub Header

Chapter Readings 1

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8 Introduction to Perfect Competition 8 Introduction to Perfect Competition 2

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8.1 Perfect Competition and Why It Matters 8.1 Perfect Competition and Why It Matters 3

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8.2 How Perfectly Competitive Firms Make Output Decisions 8.2 How Perfectly Competitive Firms Make Output Decisions 4

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8.3 Entry and Exit Decisions in the Long Run 8.3 Entry and Exit Decisions in the Long Run 5

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8.4 Efficiency in Perfectly Competitive Markets 8.4 Efficiency in Perfectly Competitive Markets 6

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Attachment

OpenStax_Economics_CH08_ImageSlideshow-acc.pptx OpenStax_Economics_CH08_ImageSlideshow-acc.pptx 8

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Chapter 9

Chapter 9 Chapter 9

Context Module Sub Header

Chapter Readings 1

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9 Introduction to a Monopoly 9 Introduction to a Monopoly 2

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External Url

9.1 How Monopolies Form: Barriers to Entry 9.1 How Monopolies Form: Barriers to Entry 3

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9.2 How a Profit-Maximizing Monopoly Chooses Output and Price 9.2 How a Profit-Maximizing Monopoly Chooses Output and Price 4

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OpenStax_Economics_CH09_ImageSlideshow-acc.pptx OpenStax_Economics_CH09_ImageSlideshow-acc.pptx 6

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Chapter 10

Chapter 10 Chapter 10

Context Module Sub Header

Chapter Readings 1

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10 Introduction to Monopolistic Competition and Oligopoly 10 Introduction to Monopolistic Competition and Oligopoly 2

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External Url

10.1 Monopolistic Competition 10.1 Monopolistic Competition 3

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10.2 Oligopoly 10.2 Oligopoly 4

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OpenStax_Economics_CH10_ImageSlideshow-acc.pptx OpenStax_Economics_CH10_ImageSlideshow-acc.pptx 6

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Chapter 11

Chapter 11 Chapter 11

Context Module Sub Header

Chapter Readings 1

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11 Introduction to Monopoly and Antitrust Policy 11 Introduction to Monopoly and Antitrust Policy 2

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11.1 Corporate Mergers 11.1 Corporate Mergers 3

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11.2 Regulating Anticompetitive Behavior 11.2 Regulating Anticompetitive Behavior 4

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11.3 Regulating Natural Monopolies 11.3 Regulating Natural Monopolies 5

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11.4 The Great Deregulation Experiment 11.4 The Great Deregulation Experiment 6

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OpenStax_Economics_CH11_ImageSlideshow-acc.pptx OpenStax_Economics_CH11_ImageSlideshow-acc.pptx 8

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Chapter 12

Chapter 12 Chapter 12

Context Module Sub Header

Chapter Readings 1

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12 Introduction to Environmental Protection and Negative Externalities 12 Introduction to Environmental Protection and Negative Externalities 2

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12.1 The Economics of Pollution 12.1 The Economics of Pollution 3

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12.2 Command-and-Control Regulation 12.2 Command-and-Control Regulation 4

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12.3 Market-Oriented Environmental Tools 12.3 Market-Oriented Environmental Tools 5

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12.4 The Benefits and Costs of U.S. Environmental Laws 12.4 The Benefits and Costs of U.S. Environmental Laws 6

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External Url

12.5 International Environmental Issues 12.5 International Environmental Issues 7

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12.6 The Tradeoff between Economic Output and Environmental Protection 12.6 The Tradeoff between Economic Output and Environmental Protection 8

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Attachment

OpenStax_Economics_CH12_ImageSlideshow-acc.pptx OpenStax_Economics_CH12_ImageSlideshow-acc.pptx 10

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Chapter 13

Chapter 13 Chapter 13

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Chapter Readings 1

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External Url

13 Introduction to Positive Externalities and Public Goods 13 Introduction to Positive Externalities and Public Goods 2

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External Url

13.1 Why the Private Sector Underinvests in Innovation 13.1 Why the Private Sector Underinvests in Innovation 3

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13.2 How Governments Can Encourage Innovation 13.2 How Governments Can Encourage Innovation 4

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External Url

13.3 Public Goods 13.3 Public Goods 5

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Attachment

OpenStax_Economics_CH13_ImageSlideshow-acc.pptx OpenStax_Economics_CH13_ImageSlideshow-acc.pptx 7

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Chapter 14

Chapter 14 Chapter 14

Context Module Sub Header

Chapter Readings 1

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External Url

14 Introduction to Labor Markets and Income 14 Introduction to Labor Markets and Income 2

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External Url

14.1 The Theory of Labor Markets 14.1 The Theory of Labor Markets 3

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14.2 Wages and Employment in an Imperfectly Competitive Labor Market 14.2 Wages and Employment in an Imperfectly Competitive Labor Market 4

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14.3 Market Power on the Supply Side of Labor Markets: Unions 14.3 Market Power on the Supply Side of Labor Markets: Unions 5

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14.4 Bilateral Monopoly 14.4 Bilateral Monopoly 6

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External Url

14.5 Employment Discrimination 14.5 Employment Discrimination 7

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External Url

14.6 Immigration 14.6 Immigration 8

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Attachment

OpenStax_Economics_CH14_ImageSlideshow-acc.pptx OpenStax_Economics_CH14_ImageSlideshow-acc.pptx 10

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Chapter 15

Chapter 15 Chapter 15

Context Module Sub Header

Chapter Readings 1

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External Url

15 Introduction to Poverty and Economic Inequality 15 Introduction to Poverty and Economic Inequality 2

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External Url

15.1 Drawing the Poverty Line 15.1 Drawing the Poverty Line 3

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External Url

15.2 The Poverty Trap 15.2 The Poverty Trap 4

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External Url

15.3 The Safety Net 15.3 The Safety Net 5

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External Url

15.4 Income Inequality: Measurement and Causes 15.4 Income Inequality: Measurement and Causes 6

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External Url

15.5 Government Policies to Reduce Income Inequality 15.5 Government Policies to Reduce Income Inequality 7

external_url 1193744 0

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Attachment

OpenStax_Economics_CH15_ImageSlideshow-acc.pptx OpenStax_Economics_CH15_ImageSlideshow-acc.pptx 9

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Chapter 16

Chapter 16 Chapter 16

Context Module Sub Header

Chapter Readings 1

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External Url

16 Introduction to Information, Risk, and Insurance 16 Introduction to Information, Risk, and Insurance 2

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External Url

16.1 The Problem of Imperfect Information and Asymmetric Information 16.1 The Problem of Imperfect Information and Asymmetric Information 3

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External Url

16.2 Insurance and Imperfect Information 16.2 Insurance and Imperfect Information 4

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Attachment

OpenStax_Economics_CH16_ImageSlideshow-acc.pptx OpenStax_Economics_CH16_ImageSlideshow-acc.pptx 6

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Chapter 17

Chapter 17 Chapter 17

Context Module Sub Header

Chapter Readings 1

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External Url

17 Introduction to Financial Markets 17 Introduction to Financial Markets 2

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External Url

17.1 How Businesses Raise Financial Capital 17.1 How Businesses Raise Financial Capital 3

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External Url

17.2 How Households Supply Financial Capital 17.2 How Households Supply Financial Capital 4

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External Url

17.3 How to Accumulate Personal Wealth 17.3 How to Accumulate Personal Wealth 5

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Attachment

OpenStax_Economics_CH17_ImageSlideshow-acc.pptx OpenStax_Economics_CH17_ImageSlideshow-acc.pptx 7

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Chapter 18

Chapter 18 Chapter 18

Context Module Sub Header

Chapter Readings 1

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External Url

18 Introduction to Public Economy 18 Introduction to Public Economy 2

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External Url

18.1 Voter Participation and Costs of Elections 18.1 Voter Participation and Costs of Elections 3

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External Url

18.2 Special Interest Politics 18.2 Special Interest Politics 4

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18.3 Flaws in the Democratic System of Government 18.3 Flaws in the Democratic System of Government 5

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OpenStax_Economics_CH18_ImageSlideshow-acc.pptx OpenStax_Economics_CH18_ImageSlideshow-acc.pptx 7

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Chapter 19

Chapter 19 Chapter 19

Context Module Sub Header

Chapter Readings 1

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External Url

19 Introduction to International Trade 19 Introduction to International Trade 2

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External Url

19.1 Absolute and Comparative Advantage 19.1 Absolute and Comparative Advantage 3

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External Url

19.2 What Happens When a Country Has an Absolute Advantage in All Goods 19.2 What Happens When a Country Has an Absolute Advantage in All Goods 4

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External Url

19.3 Intra-industry Trade between Similar Economies 19.3 Intra-industry Trade between Similar Economies 5

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External Url

19.4 The Benefits of Reducing Barriers to International Trade 19.4 The Benefits of Reducing Barriers to International Trade 6

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Attachment

OpenStax_Economics_CH19_ImageSlideshow-acc.pptx OpenStax_Economics_CH19_ImageSlideshow-acc.pptx 8

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Chapter 20

Chapter 20 Chapter 20

Context Module Sub Header

Chapter Readings 1

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External Url

20 Introduction to Globalization and Protectionism 20 Introduction to Globalization and Protectionism 2

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External Url

20.1 Protectionism: An Indirect Subsidy from Consumers to Producers 20.1 Protectionism: An Indirect Subsidy from Consumers to Producers 3

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External Url

20.2 International Trade and Its Effects on Jobs, Wages, and Working Conditions 20.2 International Trade and Its Effects on Jobs, Wages, and Working Conditions 4

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External Url

20.3 Arguments in Support of Restricting Imports 20.3 Arguments in Support of Restricting Imports 5

external_url 1193779 0

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External Url

20.4 How Governments Enact Trade Policy: Globally, Regionally, and Nationally 20.4 How Governments Enact Trade Policy: Globally, Regionally, and Nationally 6

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External Url

20.5 The Tradeoffs of Trade Policy 20.5 The Tradeoffs of Trade Policy 7

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Attachment

OpenStax_Economics_CH20_ImageSlideshow-acc.pptx OpenStax_Economics_CH20_ImageSlideshow-acc.pptx 9

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Additional Readings

Additional Readings Additional Readings

External Url

The Use of Mathematics in Principles of Economics The Use of Mathematics in Principles of Economics 1

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Indifference Curves Indifference Curves 2

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External Url

Present Discounted Value Present Discounted Value 3

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Course Modules

Week 1

Important: You Must Complete Week 1 Before Moving on to Week 2 7

Week 2

Week 3

Week 4

Week 5

Week 6

Week 7

Chapter 1

Chapter Readings 1

Chapter 2

Chapter Readings 1

Chapter 3

Chapter Readings 1

Chapter 4

Chapter Readings 1

Chapter 5

Chapter Readings 1

Chapter 6

Chapter Readings 1

Chapter 7

Chapter Readings 1

Chapter 8

Chapter Readings 1

Chapter 9

Chapter Readings 1

Chapter 10

Chapter Readings 1

Chapter 11

Chapter Readings 1

Chapter 12

Chapter Readings 1

Chapter 13

Chapter Readings 1

Chapter 14

Chapter Readings 1

Chapter 15

Chapter Readings 1

Chapter 16

Chapter Readings 1

Chapter 17

Chapter Readings 1

Chapter 18

Chapter Readings 1

Chapter 19

Chapter Readings 1

Chapter 20

Chapter Readings 1

Additional Readings