Preliminary syllabus, subject to change without notice.

## Class Times

The class meets Monday, Wednesday, and Friday from 11:00pm to 11:50pm in GL-100B.

## Textbook

- Paul Krugman and Robin Wells,
*Microeconomics*, 2nd edition, Worth, New York, 2009. - Web site for textbook (2nd ed).

## Office Hours and Contact Info

Office hours are 1:00-1:55pm and 3:00-4:00pm on Monday and Wednesday. 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 <boydj@fiu.edu>.

## TA Information

Zhengzheng Qian zqian002@fiu.edu. She will grade all of the homework, so any questions you have about the homework grading should be directed to her. Her office hours are Monday & Wednesday from 10:00-11:00am in DM-308A.

## Grades

Grades will be based on three in-class midterm exams (worth 20% each), a final exam (30%), and the remaining 10% on homework. In addition to being announced in class, homework assignments will be posted on the class web page.

## Exams

The first midterm exam was on **Friday, September 17** and covered
pp. 1-126. The second midterm exam was on **Wednesday, October 13**
and covered chapters 5-9 (pp. 117-248). The third midterm exam was
on **Monday, November 8 and covered chapters 10, and 12-13 and part of 14
(pp. 249-270 and 303-366)**.

The **final** will be in our regular classroom (GL-100B)
at the officially scheduled time: 9:45am on Wed., Dec. 8.
*It will be comprehensive.*

### Answers to Exams

## Homework

Homework may be done individually or in groups of no more than 4. 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

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 1, 4, and 7 from Chapter 2 (pp. 42-43) and Problems 5 and 6 from Chapter 3 (pp. 90-91) were due on Wed., September 8.
- Problems 3, 7, and 9 from Chapter 4 (pp. 114-116) and Problems 4 and 6 from Chapter 5 (pp. 139-142) were due on Wed., September 15.
- Problems 1, 5, 9, and 17 from Chapter 6 (pp. 164-166) and were due on Wed., September 29.
- Problems 3, 4, and 8 from Chapter 7 (pp. 192-194) and Problems 1, 9, and 12 from Chapter 8 (pp. 221-224) were due on Wed., October 6.
- Problems 1, 3, 8, and 13 from Chapter 10 (pp. 267-270) were due on Wed., October 27.
- Problems 2, 3, 4, and 13 from Chapter 12 (pp. 326-328) and Problems 4 and 5 from Chapter 13 (pp. 352-353) were due on Wed., November 3.
- Problems 1, 3, 9, and 11 from Chapter 14 (pp. 383-385) and Problems 5 and 6 from Chapter 15 (pg. 412) were due on Mon., November 22.
- Problems 1, 6, and 7 from Chapter 16 (pp. 431-432) and Problems 2 and 4 from Chapter 17 (pp. 455-456) were due on Wed., December 1.

Additional homework assignments will appear here when they are made.

## Course Outline and Schedule

### Tentative Course Schedule

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.

Aug. 23: | Chapter 1: First Principles |
---|---|

Aug. 25,27: | Chapter 2: Economic Models |

Aug. 30, Sept. 1, 3: | Chapter 3: Supply and Demand |

Sept. 6: | Labor Day Holiday (no class) |

Sept. 8, 10: | Chapter 4: Consumer and Producer Surplus |

Sept. 13, 15: | Chapter 5: The Market Strikes Back |

Sept. 17: | First Exam: Chapters 1-5 |

Sept. 20, 22, 24: | Chapter 6: Elasticity |

Sept. 27, 29: | Chapter 7: Taxes |

Oct. 1, 4, 6: | Chapter 8: International Trade |

Oct. 8, 11: | Chapter 9: Making Decisions, part I |

Oct. 13: | Second Exam: Chapters 5-9 |

Oct. 15: | Chapter 9: Making Decisions, part II |

Oct. 18, 20: | Chapter 10: The Rational Consumer |

Oct. 22, 25, 27: | Chapter 12: Behind the Supply Curve |

Oct. 29, Nov. 1: | Chapter 13: Perfect Competition and Supply |

Nov. 3, 5: | Chapter 14: Monopoly, Part I |

Nov. 8: | Third Exam: Chapters 10, 12-14 thru pg. 366 |

Nov. 10, 12: | Chapter 14: Monopoly, Part II |

Nov. 15, 17, 19: | Chapter 15: Oligopoly |

Nov. 22, 24: | Chapter 16: Monopolistic Competition and Product Differentiation |

Thanksgiving Holiday: | Nov. 25 & 26 |

Nov. 29, Dec. 1: | Chapter 17: Externalities |

Dec. 3: | Review |

Dec. 8: | Final 9:45 in GL-100B |

### Detailed Outline

Get the 4-page complete course outline or the 1-page outlines below.

## Policies

### Missed Exams

Normally, one missed mid-term will result in your remaining regular exams and final respectively being worth 25% and 40% of your grade. Any exceptions must be arranged in advance. Missing two regular exams or the final will means an automatic F in the course.

### Incompletes

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.

### Academic Honesty

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.

## Important Dates

- Aug. 23
- Classes begin
- Aug. 30
- Last day to drop with full refund
- Sept. 6
- Labor Day Holiday (no class)
- Sept. 17
- Last day to drop with 25% refund
- Sept. 17
- Last day to apply for Fall Graduation
- Oct. 15
- Last day to drop with DR
- Nov. 11
- Veteran's Day (Thurs, so no class anyway)
- Nov 25 & 26
- Thanksgiving Holiday (no class)
- Dec 3
- Last day of regular classes
- Dec 6-11
- Finals Week
- Dec 16
- All grades available online