EC202 (EX19) ZK - Micro-Economics

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About This Course

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This course has an assignment that is due by 11:55 pm Central Standard Time on Wednesday night of the first week of class. Failure to complete this assignment will result in your removal from the course for non-participation.

Textbooks

MindTap is an online platform used for homework in this course. Access to the MindTap courseware is required, which includes an electronic version of the textbook for the course:

Arnold, Roger A. Microeconomics. 13th edition. Cengage, 2018. MindTap Access ISBN: 9781337621403

There is a free two week access to MindTap for immediate access to the course materials. However, after two weeks students must purchase the product.

NOTE: A physical copy of the textbook is NOT required for this class. If students want a print copy of the textbook, they can buy the bookstore bundle or buy/rent a used copy.

The instructor will post instructions for accessing the class MindTap in Resources and Materials when the course opens.

 

How to access your MindTap course

EC202 (EX19) ZK - Micro-Economics Spring 2020

Instructor  :  David Dyer
Start Date  :  03/16/2020

What is MindTap?

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MindTap is designed to help you master the material. Interactive videos, animations, and activities create a learning path designed by your instructor to guide you through the course and focus on what's important. Get started today!

Registration

  1. Connect to https://www.cengage.com/dashboard/#/course-confirmation/MTPN6HPN6P3F/initial-course-confirmation
  2. Follow the prompts to register your MindTap course.

Payment

After registering for your course, you will need to pay for access using one of the options below:

Online: You can pay online using a credit or debit card, or PayPal.

Bookstore: You may be able to purchase access to MindTap at your bookstore. Check with the bookstore to find out what they offer for your course.

Free Trial: If you are unable to pay at the start of the semester you may choose to access MindTap until 11:59 PM on 03/23/2020 during your free trial. After the free trial ends you will be required to pay for access.

Please note: At the end of the free trial period, your course access will be suspended until your payment has been made. All your scores and course activity will be saved and will be available to you after you pay for access.

Already registered an access code? Bought MindTap at your bookstore or online? Now use the course link from your instructor to register for the class: https://www.cengage.com/dashboard/#/course-confirmation/MTPN6HPN6P3F/initial-course-confirmation

System Check

To check whether your computer meets the requirements for using MindTap, go to http://ng.cengage.com/static/browsercheck/index.html

Please Note: the System Check is also accessible in the drop down box next to your name located in the upper right corner of your MindTap page.

Course Description

  • Following an initial introduction to important general economic concepts, including demand and supply, the course examines the U.S. economy from a microeconomic perspective.  It includes an analysis of (1) the theory of consumer behavior, (2) elasticity, (3) costs and supply, (4) market structure, (5) anti-trust law and regulation, and (6) factor markets. Prerequisite: MA103 (or ACT Math subscore ≥ 22)

Course Objectives

As a result of taking this course, the student will:

  1. develop an understanding of the economic approach to looking at the world, especially the notions of scarcity and opportunity cost and the supply and demand model;
  2. appreciate how a free-market economic system functions, as well as the benefits and problems that may arise under such a system;
  3. apply the tools of economic analysis to a variety of real-world problems and discover the insights they can offer;
  4. learn to think like economists.

This course addresses the following competencies required for beginning business teachers:

  • 5.1: Identify the basic features of economic systems
  • 5.2: Describe the role of competitive markets
  • 5.3: Describe the role of government in the economy
  • 5.5: Explain the function of domestic economic institutions and economic incentives