Finals Week Schedule
Tuesday & Wednesday from 1:30pm to 4:30pm
9:45am Thursday, April 25 in PC-331
The class meets Tuesday and Thursday from 11:00pm to 12:15pm in PC-331.
- Jeffrey M. Perloff Microeconomics, 6th ed. Pearson/Addison-Wesley, 2012.
This is not to be confused with Perloff's Microeconomics: Theory and Applications with Calculus, which is a very different book.
Office Hours and Contact Info
Regular office hours are 12:30-1:45 and 3:30-4:30pm on Tuesday and Thursday. I will be happy to make an appointment for another time if that is more convenient. My office is DM-311A, my phone number is 305-348-3287, and my email is <email@example.com>.
Your TA is Li Xu firstname.lastname@example.org. He will grade all of the homework, so any questions you have about the homework grading should be directed to him. His office hours are 10:30am-12:00 noon on Mondays and Wednesdays in DM-308A.
Grades will be based on two in-class midterm exams (worth 25% each), a final exam (40%), and the remaining 10% on homework. In addition to being announced in class, homework assignments will be posted on the class web page.
The first exam was on Thursday, February 7. Click here for the answers.
The second exam was on Thursday, March 21. Click here for the answers.
The final will be in our regular classroom (PC-331) at the officially scheduled time: 9:45am on Thursday, April 25. It will be comprehensive.
Homework may be done individually or in groups of no more than 3. If you do your homework in a group, please turn in a single set of answers with everyone's name at the top. This makes life easier for both me and the TA. I strongly advise you to attempt all the questions yourself, even if you work with a group. You will learn more that way and likely do better on the exams. In fact, working problems beyond those assigned is a good way to improve your understanding of the material.
If you are unable to turn in the homework in class, it can be turned in at the Economics Department by the due date for full credit. Late homework may be subject to a penalty and will not be accepted once the assignment is returned.
Homework assignments will appear here when they are made. The answers to many of the unassigned problems are in the back of the book. I recommend you attempt these problems too.
- Problems 3, 5, 8, and 17 from Chapter 2 (pp. 38-39) and Problems 2 and 9 from Chapter 3 (pp. 69-70) were due on Tuesday, Jan. 22.
- Problems 23 and 26 from Chapter 3 (pg. 71) and Problems 10, 14, and 29 from Chapter 4 (pp. 107-109) were due on Tuesday, Jan. 29.
- Problems 1, 4, 7, 23, and 29 from Chapter 5 (pp. 147-149) were due on Tuesday, Feb. 5.
- Problems 4, 10, 12, 19, and 27 from Chapter 6 (pp. 181-183) were due on Tuesday, Feb. 26.
- Problems 2, 7, 16, 27, and 36 from Chapter 7 (pp. 222-225) were due on Tuesday, Mar. 5.
- Problems 6, 13, and 35 from Chapter 8 (pp. 265-268) and Problems 11, 22, and 38 from Chapter 9 (pp. 312-315) were due on Tuesday, Mar. 19.
- Problems 1, 8, 11, and 24 from Chapter 10 (pp. 349-351) were due on Thursday, Apr. 4.
- Problems 5, 9, 10, 15 and 18 from Chapter 11 (pp. 388-390) were due on Thursday, April 11.
Course Outline and Schedule
This course covers microeconomics: supply and demand, consumer choice, cost and production, competitive and non-competitive markets.
As we proceed through the course, the dates and list of chapters covered will be updated. You will get more from the course if you start reading the chapters by the time we start them.
|Jan. 8:||Chapter 1: Introduction|
|Jan. 8, 10:||Chapter 2: Supply and Demand|
|Jan. 15, 17:||Chapter 3: Applying the Supply and Demand Model|
|Jan. 22, 24:||Chapter 4: Consumer Choice|
|Jan. 29, 31:||Chapter 5: Applying Consumer Choice|
|Feb. 5:||Review Chapters 1-5|
|Feb. 7:||First Exam: Chapters 1-5|
|Feb. 12, 14:||Chapter 6: Firms and Production|
|Feb. 12, 14, 19, 21:||Chapter 7: Costs|
|Feb. 26, 28:||Chapter 8: Competitive Firms and Markets|
|Mar. 5, 7:||Chapter 9: Applying the Competitive Model|
|Mar. 11-17:||Spring Break|
|Mar. 19:||Review of Chapters 6-9|
|Mar. 21:||Second Exam: Chapters 6-9|
|Mar. 26, 28:||Chapter 10: General Equilibrium and Economic Welfare|
|Apr. 2, 4:||Chapter 11: Monopoly|
|Apr. 4, 9:||Chapter 12: Pricing and Advertising|
|Apr. 11, 16:||Chapter 13: Oligopoly and Monopolistic Competition|
|Apr. 18:||Final Review|
|Apr. 25:||Final Exam 9:45am PC-331|
Normally, one missed mid-term will result in your remaining mid-term exam and final respectively being worth 40% and 50% of your grade. Any exceptions must be arranged in advance. Missing two mid-term exams or the final will means an automatic F in the course.
We strictly follow university policy on incompletes. This means that incompletes will only be considered when an emergency prevents you from attending the final exam.
While you may use a calculator on exams, any other use of computers, notes, books, or advice from others on exams is considered cheating and will be dealt with accordingly. See the university policy on Academic Misconduct for more details.
- Jan. 7
- Classes begin
- Jan. 15
- Last day to drop with full refund
- Jan. 21
- Martin Luther King Holiday (no class)
- Feb. 1
- Last day to drop with 25% refund
- Feb. 1
- Last day to apply for Spring Graduation
- Mar. 18
- Last day to drop with DR
- Mar. 11-16
- Spring Break (no class)
- Apr. 21
- Last day of regular classes
- Apr. 25
- Intermediate Micro Final at 9:45am
- Apr. 22-27
- Finals Week
- May 3
- All grades available online