Mt. San Antonio College

PRINCIPLES OF MICROECONOMICS

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BUSC 1B   Spring 2008
3 Units Reference No.: 111095
MW 11:30 a.m. - 12:55 p.m.
Classroom: 21B-1
Instructor: Mr. R. Glenn Vice Text: Microeconomics:  A Contemporary Introduction. 7th ed by William McEachern
ISBN10:  0-324-32254-2
E-mail: [email protected] Office Phone: 909 594-5611 x 3139 Fax: 323 255-3212
Office Hours: M 1:10 p.m. - 2:40 p.m. and 5:45 p.m. - 6:45 p.m., T 2:15 p.m. - 2:45 p.m.  W 1:10 p.m. - 2:10 p.m. and by appointment
Class Web sites:  http:/www.glennvice.com/mtsac.htm - Updated regularly
Publisher=s Web site: http://www.swlearning.com/economics/mceachern/chooseyourbook.html

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DATE ASSIGNMENTS and EXAMS
February 25 and 27 Chapter 1  The Art and Science of Economic Analysis and Chapter 2:  Some Tools of Economic Analysis
March 3 and 5* Chapter 3:  Economic Decision Makers and begin Chapter 4:  Demand and Supply Analysis
March 10 and 12  Complete Chapter 4  and begin Chapter 5:  Elasticity of Demand and Supply  (3/14/08 last day to withdraw without a "W"  on your transcript)
March 17 and 19* Complete Chapter 5 and Chapter 6:  Consumer Choice and Demand.  Begin Chapter 7:  Production and Cost in the Firm
March 24 and 26 Complete Chapter 7 and Chapter 8:  Perfect Competition
March 31 Study Day! Campus closed for Cesar Chavez Day
April 2* Chapter 9:  Monopoly
April 7 and 9 Chapter 10:  Monopolistic Competition and Oligopoly
April 14  Monday FIRST EXAM (24 percent of grade)   Chapters 1 - 10
April 16 Review exam and begin Chapter 11:  Resource Markets
April 21 and 23 Complete Chapter 11and Chapter 12:  Labor Markets and Labor Unions
April 28* and 30 Chapter 13:  Capital, Interest, and Corporate Finance  (5/2/08 is the last day to withdraw with a "W")
May 5 and 7 Chapter 14:  Transaction Costs, Imperfect Information, and Market Behavior 
May 12* and 14 Chapter 15:  Economic Regulation and Antitrust Policy and Chapter 16:  Public Goods and Public Choice
May 19 and 21* Chapter 17:  Externalities and the Environment
5/28/08  Writing Assignment is due.
May 26  Study Day !  Campus closed for Memorial Day.
May 28 Chapter 18:  Income Distribution and Poverty
June 2     Monday SECOND EXAM ( 24 percent of grade)
June 4 Review the Second Exam and discuss the Final Exam
June 9  (Monday)  10:30 a.m. - 1:00 p.m. COMPREHENSIVE FINAL EXAM 10:30 a.m. - 1:00 p.m. (32 percent of grade)

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* A 20-question multiple-choice quiz will be given during the final 15 minutes of class on each of the dates marked with an asterisk, for a total of six quizzes. The quizzes will count 15 percent of your grade. No make-up quizzes will be given; however, the lowest quiz grade will automatically be dropped.
Writing Assignment: A two-page, double-spaced, typewritten paper will count 5 percent of your grade. This writing assignment is a requirement of the course. A guideline for acceptable topics and the format will be announced in class and posted on the Web site. The writing assignment will be due no later than May 28, 2008.  No late papers
 
Make-up exams must be requested prior to the scheduled day of the exam. An attempt will be made to accommodate special situations. A grade of Incomplete can be given only for a "serious and compelling" reason, such as personal illness and when the majority of the course work has already been completed. An incomplete cannot be given in lieu of a low grade.
Communication: I would enjoy having the opportunity to talk with you about the class or your educational goals. Come by my office in building 18A, room 1 (NE corner of the building), during office hours or call me at 909 594-5611 Ext.3139 . Also, you can contact me via e-mail ([email protected]), which I check frequently. The class Web site will be updated at least weekly and will contain the course syllabus, announcements, grades, and many economics related links.
You are responsible for all assigned reading, for all material covered in class, and for all announcements made in class. If you miss class, you should check the announcements on the Web site and get the notes from a reliable classmate before the next class.
The exam dates are firm. The exams will consist of multiple-choice questions drawn primarily from the quizzes and the read assignments. The lowest score for an A in the course is 90; for a B, 80; for a C, 70; and for a D, 60.
Grades will be posted to the course Web site under Progress Report within a few days of each quiz or exam. The Progress Report will remain on the Web site until two weeks after final exams.
 
Accessibility: At Mt. SAC, we strive to make our courses accessible to everyone. We specifically consider design features that make our courses accessible to individuals with disabilities, including those using assistive technology for computer access. If you find a feature/course inaccessible to you, please contact the instructor or DSPS at 909 594-5611, ext. 4290.
 
Cheating and Plagiarism:  See the Mt. San Antonio College Catalog, page 246. Evidence of cheating will result in a zero grade on the exam or assignment and may result in a grade of F for the course. In addition, the actions of the student shall be reported to the Director, Student Life and to the Director, Admissions and Records. No Exceptions. No Kidding.

The college considers cheating a voluntary act for which there may be reasons, but for which there is no acceptable excuse ... The term "cheating" includes but is not limited to:

* Plagiarism
* Receiving or knowingly supplying unauthorized information
* Using unauthorized material or sources
* Changing an answer after work has been graded and presenting it as improperly graded
* Illegally accessing confidential information through a computer
* Taking an examination for another student or having another student take an examination for you
* Forging or altering registration or grade documents

The instructor who determines that a student has cheated may give the student a failing grade for the assignment, for the course, or drop the student from the course.

THE INSTRUCTOR IS NOT RESPONSIBLE FOR DROPPING ENROLLED STUDENTS. Students are obligated to officially withdraw even though they have not attended classes. Students who fail to officially withdraw are subject to a failing grade in the course. For more information, consult page 25 of the 2008 Spring Schedule of Credit Classes.
Mt. San Antonio College Catalog 2007 - 2008   BUSC 1B - Principles of Economics - Microeconomics. 3 Units. Degree Appropriate, CSU, UC.

(CAN ECON4). Three hours lecture. Prerequisite: BUSC 1A or BUSC 1AH

Economic analysis with emphasis on price and distribution theory, scarcity, opportunity costs, supply, demand, elasticity; cost theory; price and output determination under various market structures; factor markets; public choice; income distribution; externalities and government regulation; comparative economic systems. . (UC Credit Limitation)

Grading Summary:
First Exam 24 percent
Second Exam 24 percent
Quizzes (five best) 15 percent
Writing Assignment 5 percent
Comprehensive Final Exam 32 percent
Total 100 percent

The formula for calculating your grade is:  0.24 x (First Exam) + 0.24 x (Second Exam) + 0.15 x Qavg +0.05 x WA + 0.32 x (Final Exam) = CSE Avg