Prerequisites: Econ 101 or the equivalent (the department does check and will remove you if you don’t have Econ 101).

Course objectives: This is the first course in a sequence on intermediate microeconomics. In this course, we will revisit several microeconomic topics that have been introduced in introductory microeconomics (Econ 101) but in a greater depth. We will revisit the demand and supply; theory of consumer behavior; theory of production and cost; welfare analysis; price and output determination under perfect competition, monopoly and other market structures.

Required Textbook: Microeconomics 5th Edition by David Besanko & Ronald R. Braeutigam 4th Edition of the book will also be ok.

Note:

Course Location, Days & Time: This course will be delivered asynchronously.

.    At the beginning of every week a set of recorded lecture videos will be posted on eclass. This gives flexibility to students to watch the lecture at their convenience and to accommodate the difference in the time zone for students who are not in Canada.

.    Students are required to watch the lecture videos and read the posted lecture notes on the course website (eclass).

.    Sample questions and practice past exams with their answer key will be posted on eclass.

Important Dates:

.    First Day of Class: September 5

.    Add/Delete Date: September 18

.    Last day of Class: December 8

.    Fall term reading week: November 14- 17

Covered chapters

Note:

.    The  order of listed topics may not necessarily reflect the order in which I will cover them during the semester.

Evaluation

The evaluation in this course will be based on the following table:

Students are required to visit the course website (eclass) on a regular basis to check any announcements

or posted materials such as lecture notes, practice questions, and exams.

Midterm exam

There will be one midterm exam which worth 31% of the final grade. There is no replacement for a

missed midterm test. If you missed a midterm test, its weight would be automatically transferred to the final exam, and you will get an Excused Absence (EA) for that midterm test. Students who have a time conflict regarding the midterm exam should notify me before the add/drop date.

A student who misses the final exam because of illness or any other compelling reason (including religious conviction) or technical difficulties in using the remote proctoring software may apply for a deferred final exam. Students seeking a deferred exam need to apply to their Faculty. The instructor does not have the authority to approve such applications.

NOTE:  Both the Midterm and Final exam will be remotely proctored and will be online through eclass.

The Midterm test is about 60 minutes in length and will be a closed book.

The final exam is cumulative covering all the materials and will also be a closed book. The final exam will be for about 120 minutes in length.

Deferred Final Examination: For information on how to apply for a deferred exam see “I Missed my Final Exam, Now What?”

Warning: “Transferring the weight of the missed midterm exam to the Final exam could result in the student not being  approved  for a  deferred  final  examination  as they may not have  completed the required 50% of term work.” This means that if you missed the midterm exam you should not miss the final exam too.

Assignments

There will be two assignments, each worth 5% for a total of 10% of the final grade. Late submission of an assignment after its due date will not be accepted. There is no replacement for a missed assignment and the student will receive a grade of zero in case of a late/no submission.

Eclass quizzes

There will be a total of four or five online multiple-choice open book quizzes posted on eclass. You have 1 hour to answer the quiz. Late submission of a quiz after its due date will not be accepted. There is no replacement for a missed quiz and the student will receive a grade of zero in case of a late/no submission. You will be notified via email once a quiz is open.

Quiz 1: (covers chapters 2 and 3).

Quiz 2: (covers chapters 4 and 10).

Quiz 3: (covers chapters 5, 6, 7, 8).

Quiz 4: (covers chapters 8, 9, 11, 12).

Final Grade

You could access your final grade on Bear Tracks.

University Grading System

“Grades reflect judgments of student achievement made by instructors. These judgments are based on a combination  of absolute  achievement and relative performance  in  class.” 23.4(4) University  of Alberta Calendar.

The following table might be used to translate the numerical grade to a letter grade.

Note:

. For both the midterm and final exams we shall use the software Smart Exam Monitor (SEM). Check the system requirement and how to take the practice link here:

https://support.eclass.ualberta.ca/Knowledgebase/Article/View/434/1/using-smart-exam-monitor- sem---students

.    Should  you  experience  technical  difficulty  with  SEM,  please  contact  the  eClass  support  team: [email protected] or calling (780) 492-9372.

.    "If we do not have a SEM recording of your full exam, it will not be accepted"

.    Smart Exam Monitor computing requirements: SEM requires the following for use:

Basic Requirements:

- Chrome browser

- Webcam

- Functional microphone

- Device: Laptop, desktop, or Chromebook (tablets and iPads are not supported)

- Operating system: OSX, Windows, ChromeOS

- Fully charged device and/or power supply

The tool is accessed through eClass and runs in a browser window (no software installation is required). Users are required to validate and grant permission to their webcam, microphone, and grant permission for screen recording. See the following link for detailed setup instructions.

Note:

.    The  use   of  unauthorized  materials,   dictionaries,  programmable   (graphing)  calculators,  and/or electronic communication devices is not permitted