Economics 101 is an introductory course in Microeconomics. The course will focus upon basic economic concepts emphasizing the behavior of firms, households, and the government. Students will learn how to recognize and analyze the different market structures of perfect competition, oligopoly, and monopoly. The course also covers theories of how wages, interest, and profits are determined. Additional topics include the role of government in regulating markets, determinants of income distribution, and the environment.

Syllabus in PDF file. Syllabi will also be available outside of my office at the beginning of the semester.

The textbook is Joseph E. Stiglitz & Carl E. Walsh, “Principles of Microeconomics ” (W.W.Norton).

They are available at the Bookstore. Additional readings from the WWW will also be assigned as the quarter progresses. Grading will be based upon four problem sets (20%), one midterm (30%) and one comprehensive final (50%).

Important Dates

• Midterm: in class.
• Holidays: There will be no classes during Spring break (March 7th to 23rd). 
• Final Exam: 3rd Week of May -14th to 20th- --To Be Announced--