Requirement and textbook
** There are weekly assignments to turn in. The grades account for 15 percent of the overall grade of the course.
** There is an in-class midterm exam. The grade accounts for 30 percent of the overall grade.
** There is a final exam. The grade accounts for 50 percent of the overall grade.
** Attendance accounts for 5 percent of the overall grade.
The textbook we use is “Economics: Principles, Problems and Policies”, by Campbell R. McConnell and Stanley Brue, 15th edition,McGraw-Hill Company,2002. We will cover Part 1, 5, 6, 7, 8 and 9 of the textbook.
III.
Schedule
| Week | Subject | Required readings |
| 1 | Introduction | MB, Chap 1 |
| 2 | Introduction | MB, Chap 2 |
| 3 | Demand and supply | MB, Chap 3 |
| 4 | Demand and supply | MB, Chap 3 |
| 5 | Elasticity | MB, Chap 20 |
| 6 | Elasticity | MB, Chap 20 |
| 7 | Production cost | MB, Chap 22 |
| 8 | Production cost | MB, Chap 22 |
| 9 | Midterm | |
| 10 | Perfect competition | MB, Chap 23 |
| 11 | Perfect competition | MB, Chap 23 |
| 12 | Monopoly | MB, Chap 24 |
| 13 | Monopoly | MB,Chap 24 |
| 14 | Public goods and externality | MB,Chap 30 |
| 15 | Public goods and externality | MB,Chap 30 |
| 16 | Consumer theory | Chap 21 |
| 17 | Review and questions | |


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