|Spring 2006 - 3 Weekends||Professor Ted Black|
|Paper Text:||Case and Fair, Microeconomics, 7th Edition, 2004|
|On-Line Text:||Black, Economics Net-TextBook, 4th edition, 2005 [free on the Net]|
|Mar. 10-11||2||Opportunity Cost|
|3||Supply and Demand, Market System|
|Week II||5||Consumer Choice (continued)|
|Mar 31 - Apr 1||6||Costs of Production|
Grades To Date 02 Apr 06
|Apr 21-22||13||Monopolistic Competition and Oligopoly|
quizes: 30% - 3 in-class,
10 points each
|Attendance policy: used as borderline grading factor|
exams: 40% - 2 take-home,
20 points each
final examination: 30% - in-class
An optional paper or Netsite (using a topic of the
students choice) may be written for a 20% supplement to the final grade.
The optional paper should be 10-15 pages in length. An acceptable format
includes citation of research references and a bibliography. The best
paper uses lots of graphs.
A Netsite may be developed instead of a paper. This option should be
viewed as a process by which the student prepares their paper as a
Netsite. Several options are available for students to develop
economic topics on their own Netsites.
This course is an introduction to price theory. The demand and supply of products is explained using the price mechanism. Consumption theory provides the basis of demand. The production process is used to specify the concept of supply. Competitive markets are described to depict the interaction of supply and demand that provide price signals for capital movements to ensure the efficiency of resource allocations. Departures from perfect competition will be studied including monopoly and other forms of market structure. In addition, the course will cover factor markets and some aspects of public policy, including health care.
CORE LEARNING OUTCOMES:
Upon successful completion of this course, the student should be able to:
|DISABILITY SUPPORT SERVICES|
|Students requesting academic accommodations are required to contact the Disability Support Services Office (M-1042) or call (301) 322-0838 (voice) or (301) 322-0122 (TTY) to establish eligibility for services and accommodations. Students with documented disabilities should discuss the matter privately with their instructors at the beginning of the semester and provide a copy of their Student/Faculty Accommodation Form.|
|CODE OF CONDUCT|
|The Prince George's Community College Code of Conduct defines the rights and responsibilities of students and establishes a system of procedures for dealing with students charged with violations of the code and other rules and regulations of the college. A student enrolling in the college assumes an obligation to conduct himself/herself in a manner compatible with the college's function as an educational institution. Refer to the 2004-2005 Student Handbook, beginning on page 39, for a complete explanation of the code of conduct, including the Code of Academic Integrity and the procedure for dealing with disruptive student behavior.|
|CODE OF ACADEMIC INTEGRITY|
|The college is an institution of higher learning that holds academic integrity as its highest principle. In the pursuit of knowledge, the college community expects that all students, faculty, and staff will share responsibility for adhering to the values of honesty and unquestionable integrity. To support a community committed to academic achievement and scholarship, the Code of Academic Integrity advances the principle of honest representation in the work that is produced by students seeking to engage fully in the learning process. The complete text of the Code of Academic Integrity is in the 2004-2005 Student Handbook (pages 41-43) and posted on the college's website.|
|Students are expected to conduct themselves in a manner fitting for an institution of higher learning. Unnecessary talking or movement is distracting to other students and will be discouraged. Cell-phones must be turned off.|
Department Telephone Number: 301 322-0525
Last day to apply for spring graduation
Last day to change from "audit" to "credit" or "credit" to "audit"
Spring Break – College closed - No classes
Last day to withdraw from full-semester classes
Final exam period/last week of classes