ECONOMICS 101 Iowa State University William Merrill SPRING 1999 83 Heady Hall ================================================================== Date Chapter Topic 4th Ed 3rd Ed Introduction to Economics Jan 12 1 & 2 (1 & 2) What Is Economics? & Graphs Jan 14 3 (3) The Economic Problem Jan 19 -21 4 (4) Supply & Demand Jan 26 5 (5) Elasticity (Quiz 1: Ch. 1 - 4) Jan 28 6 & 7 (New & 6) Efficiency & Markets in Action Feb 2 Test 1st Midterm (Ch. 1 - 7) Markets for Goods & Services Feb 4 8 & 9 (7 & 8) Utility & Consumer Behavior Feb 9 10 (9) Organizing Production Feb 11 11 (10) Cost Functions Feb 16 12 (11) Competition (Quiz 2: Ch. 8 - 11) Feb 18 13 (12) Monopoly Feb 23 14 (13) Oligopoly Feb 25 Review Review Mar 2 Test 2nd Midterm (Ch 8 - 14) Markets for Factors of Production Mar 4 15 (14) Factor Prices Mar 9 16 (15) Labor Markets Mar 11 17 (19) Redistribution Mar 15 - 19 SPRING BREAK Mar 23 - 25 18 (18) Market Failures (Quiz 3: Ch. 15 - 17) Markets & The Government Mar 30 -Apr 1 19 (20) Regulation of Business Apr 6 Review Review Apr 8 Test 3rd Midterm (Ch 15 - 19) Apr 13 -15 20 (21) Externalities Apr 20 21 (17) Uncertainty The Global Economy Apr 22 22 (22) World Trade (Quiz 4: Ch. 1 - 21) Apr 27 - 29 Review Review May 3 - 7 Final Week ================================================================== Note: All dates on the above schedule are subject to change. Grading: Quizzes (4: all count) 20% total Midterms (Best 2 out of 3) 40% total Final 40% Office Hours: William Merrill 83 Heady Hall 294-6846 TEXT: Parkin, Microeconomics, 4th Ed (3rd Ed is very similar) Student Study Guide is recommended. Class Overheads from CopyWorks are optional. Rules of the Game 1. All tests and quizzes are multiple choice and/or true-false. 2. For students not able to take the final at the regularly scheduled time the Economics Department schedules a special make-up final examination period. Any make-up final examinations must arranged and approved prior to final examination week and must be taken at the Department's specially scheduled time. 3. There will be no make-ups for mid-terms or quizzes which you may miss. Nor will any other special arrangements be made to take any tests or quizzes. 4. The dates listed on the course schedule are subject to change. Changes in Mid-Term test dates will be announced at least one class period prior to the examination date. 5. Not all quiz dates will be announced in advance. 6. Overheads are keyed to the 3rd Ed. Quiz & Midterm coverage refers to the 4th Ed.