AP/ECON 1000 Section O Introduction to Microeconomics

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1 INSTRUCTOR Sharif F. Khan Office: Room 736, Atkinson College Department of Economics Faculty of Liberal and Professional Studies York University Winter 2017 AP/ECON 1000 Section O Introduction to Microeconomics IMPORTANT POLICY Since this is a very large class, I (your course instructor) enforce the following policy in this course. Please read this policy carefully before sending any to me. 1. I want you to succeed in this course. So, I am willing to assist you both inside and outside the classroom to reach your goal. I strongly prefer that you contact me in person during my office hours or after a lecture in the classroom if you need any help from me regarding this course. 2. I will NOT respond to your course related question by unless it is absolutely necessary. However, you can send an to your assigned TA (please read the next page to find out your assigned TA). 3. You should read this course outline thoroughly before sending any to your assigned TA or me. 4. If you have any question regarding the course materials or course policies, you should stop by during the office hours of the TAs or send an to your assigned TA or post your question on the MyEconLab Discussion Board to your assigned TA. 5. If you miss a term test, please do NOT send an to me or your assigned TA. Please follow the instructions which are clearly stated under the Make-up Term Test Policy in this course outline. 6. If you miss the final exam, please do NOT send an to me or your assigned TA. Please follow the instructions which are clearly stated under the Deferred Final Exam Policy in this course outline. 7. If you have any unresolved course related question or issue and you are not happy with the responses that you have got from TA regarding your question or issue, you should stop by during my office hours (mentioned below). You can also ask me your question after a lecture in the classroom. 8. If you have any unresolved course related question or issue and you are not satisfied with the responses that you have got from TA regarding that question or issue and you could not contact me in person for some valid reasons, only then you can send me an e- mail and I will respond to that within a week. If you do not get a reply within a week, please re-send the . Please mention the course number, section and your issue in the subject of your to get a quick reply. Page 1 of 10 Pages

2 LECTURE HOURS AND LOCATION Fridays 11:30 am - 2:30 pm.; ACE 102 INSTRUCTOR S OFFICE HOURS AND OFFICE LOCATION Mondays 5:00-6:30 p.m. and Tuesdays 2:00 3:30 p.m.; Atkinson College 736 TA OFFICE HOURS AND MYECONLAB DISCUSSION BOARD The name of your assigned TAs and their office hours and contact information will be announced later. Please feel free to stop by during the above mentioned TA office hours (any of the above mentioned TAs) if you have any question related to the course materials or course policies/administration. You can also ask your question by an to your assigned TA or post your question on the MyEconLab Discussion Board to your assigned TA. Since it is a very large class and most of the time students have common question, I highly encourage you to post your question on the MyEconLab Discussion Board rather than sending an to a TA. PLEASE READ THIS COURSE OUTLINE THOROUGHLY BEFORE ASKING ANY QUESTION RELATED TO COURSE POLICIES AND ADMINSTRATION. You will find the answers to most of your course policies and administration related questions in this course outline. Please send your and/or post your question on the MyEconLab Discssion Board to your assigned TA only. Assigned TA for the students with a last name starting with letter A to L: TBA Assigned TA for the students with a last name starting with letter M to Z: TBA COURSE WEBPAGE Please note that this course will NOT be managed through Moodle. It will be managed through the MyEconLab course webpage which is created for this particular section (Section O) of ECON MyEconLab course ID for this course is york Please register for this course (MyECONLab Course Title: AP/ECON 1000 O Winter 2017 (Khan)) by going to: ww.pearsonmylabandmastering.com and following the instructions which is attached at the end of this course outline. You will find all course related information, announcements, required quizzes, old exams, other course related documents, and MyEconLab Discussion Board on the above mentioned MyEconLab course webpage. Page 2 of 10 Pages

3 ECON 1000/1010 RESOURCES The Department recommends several resources to students enrolled in the course to help them succeed, such as an Econ Clinic, exam study sessions, and online tutorials. Students can visit the following website for more information on the available resources: COURSE DESCRIPTION Introduces the principles and methods of economics with emphasis on microeconomic theory. Topics include general and basic concepts of demand and supply, utility analysis and demand, production and costs, pricing in competitive and monopolistic markets, and government regulation. Note: Successful completion of this course, together with AP/ECON , is required for all students who intend to pursue additional courses in economics at the 2000, 3000, and 4000 level and in order to pursue degree studies in economics, business economics, and financial and business economics. Course credit exclusions: GL/ECON , SB/INTL Note: Acceptable course substitutes are available in the Calendar. PRIOR TO FALL 2009: Course credit exclusions: AK/AS/ECON , AK/ECON (prior to Summer 1995), GL/ECON , SB/INTL REQUIRED TEXTBOOK Option 1 (If you are taking only ECON 1010): Parkin, Michael and Robin Bade (2015), Microeconomics: Canada in the Global Environment Plus MyEconLab with Pearson etext -- Access Card Package, 9/E, Pearson Education Canada, ISBN-13: [Abbreviated as PB] Option 2 (If you are taking both ECON 1000 and ECON 1010): Parkin, Michael and Robin Bade (2015), Economics: Canada in the Global Environment Plus MyEconLab with Pearson etext -- Access Card Package, 9/E, Pearson Education Canada, ISBN-13: [Abbreviated as PB] Textbook Choices for Student taking ECON 1000 ONLY 1. You can buy the above mentioned textbook (Option 1; ISBN-13: ) directly from the publisher at 2. A bundled MicroEconomics Textbook/MyEconLab package is available at the York bookstore (ISBN: ) for $ Pearson has also arranged Student Value Packages (unbound, loose leaf, three-hole punched texts with MyEconLab) for students who wish to opt for the complete package at a lower cost for (ISBN: ) $95. Page 3 of 10 Pages

4 4. To save money, a digital only package containing E-text/MyEconLab is available for (ISBN: ) $90 at the York bookstore or online at ttp:// 5. If you use a used text book, you may buy the access code for MyEconLab only at for around $50. Textbook Choices for Student taking ECON 1000 & ECON You can buy the above mentioned textbook (Option 2; ISBN-13: ) directly from the publisher at 2. If you are taking both ECON 1000 and 1010, your cheapest option is a bundled Micro/Macro Textbooks/MyEconLab package in the York Bookstore (ISBN ) for $ There is a Student Value Package (unbound, loose leaf, three-hole punched text with MyEconLab) for students who wish to purchase the combined version at a lower cost for (ISBN ) for $ If you use a used text book, you may buy the access code for Myeconlab only at for around 50 CAD. Please note that you will need separate MyEconLab access codes for Microeconomics and Macroeconomics, if you choose this option. EVALUATION 1. Best five out of six My EconLab On-Line Quizzes 10% 2. Term Test 1 20% 3. Term Test 2 20% 4. Final Exam (Note: Final exam will cover all course materials) 50% GRADING The grading scheme for the course conforms to the 9-point grading system used in undergraduate programs at York (e.g., A+ = 9, A = 8, B+ = 7, C+ = 5, etc.). Assignments and tests will bear either a letter grade designation or a corresponding number grade (e.g. A+ = 90 to 100, A = 80 to 90, B+ = 75 to 79, etc.) EXAM RULES No student will be allowed to write the exam prior to the scheduled date. No student will be allowed to write the exam in order to improve the letter grade. York University is committed to respecting the religious beliefs and practices of all members of the community. In case, any of the exam dates clash with the day of your religious observance, you are responsible for contacting me at least two weeks in advance. To arrange for an alternative date, you must complete a Religious Accommodation Form (see Important Academic Forms section). Page 4 of 10 Pages

5 Cheating and plagiarism are considered to be serious offences by York University. Please visit the Academic Integrity website to read the Senate Policy on Academic Honesty. Cell phones, electronic translators, ipods, MP3 players, and other electronic devices are not permitted into exams. NO calculators are required or allowed for all tests and exams. Other permissible items to carry in exams are pens, pencils, student ID, coats and purses. MYECONLAB ON-LINE QUIZZES You must have an access to MyEconLab to submit MyEconLab on-line quizzes. There are seven quizzes in total one ungraded quiz and six graded quizzes. The only ungraded quiz is Quiz 0. There is no mark on Quiz 0. It is already posted on the MyEconlab course webpage. It is based on course related information. You must complete Quiz 0 and answer all the questions correctly (you can take Quiz 0 more than once) before working on other six quizzes. You should read this course outline thoroughly before working on Quiz 0. The six quizzes (Quiz 1, 2, 3, 4, 5 and 6) are worth 10% of the course grade. Only the best five out of these six quizzes will be counted. Each quiz is worth 2% of the course grade. Please note that there are no make-up quizzes. If you miss a quiz, the other five quizzes will be counted. For every quiz you miss after one missed quiz, you receive zero for 2% of your course grade. Each quiz has 15 questions. You will get only one attempt and 30 minutes to finish each quiz. So, please make sure that you are well prepared and have uninterrupted 30 minutes before you start working on a quiz. Please note that in order to complete these online quizzes, you will need to study assigned chapters in textbook in addition to attending class lectures. The quiz questions are taken from MyEconLab Study Plan Questions and Sample Tests, so doing those ungraded questions will improve your performance on the graded quizzes. Page 5 of 10 Pages

6 SYLLABUS, FORMAT AND SCHEDULE OF QUIZZES Please note that the six graded quizzes will be posted on the MyEconlab webpage one week before the submission deadlines. MyEconLab Quizzes Syllabus Submission Deadlines Quiz 0 Course outline As soon as possible Quiz 1 Chapter 2, 3 January 29, 2017 Quiz 2 Chapter 4, 5.2-3, 6 February 5, 2017 Quiz 3 Chapter 8, 9 March 5, 2017 Quiz 4 Chapter 10.1, 11, 12 March 12, 2017 Quiz 5 Chapter 13, 15.2 March 26, 2017 Quiz 6 Chapter 16, 17, April 6, 2017 SYLLABUS, FORMAT AND SCHEDULE OF TERM TESTS AND FINAL EXAM TESTS Syllabus FORMAT TEST DATES Test 1 Chapter 2, 3, 4, Exam Length: 1 hour; February 10, , 6 30 MCQ Test 2 Chapter 8, 9, 10.1, Exam Length: 1 hour; March 17, , MCQ Make-up Test Chapter 2, 3, 4, 5.2-3, 6, 8, 9, 10.1, Exam Length: 1 hour; 30 MCQ March 31, , 12 Final Exam Chapter 2, 3, 4, 5.2-3, 6, 8, 9, 10.1, 11, 12, 13, 15.2, 16, 17, MAKE-UP TERM TEST POLICY Exam Length: 2.5 hours; 75 MCQ; 30 MCQ common to all section, 45 MCQ chosen by instructor TBA No permission is ever given to a student to write a test or exam in advance of its scheduled date. A student who misses a term test will be allowed to write a make-up term test if the student provides a completed Registrar s Office Attending physician s Statement showing a physical incapability of writing the test. Any other forms of doctor s note, especially one stating simply that The student was seen in my office are not acceptable. Page 6 of 10 Pages

7 Exams missed due to non-medical circumstances must be supported by appropriate documentation, i.e., death certificates, obituary notice, automobile accident reports, airline/bus ticket receipt for emergency travel (with the date of booking on the ticket), etc. Airline/train/bus ticket/receipts for emergency travel must indicate destination, departure, and return dates. Having to work at the time of the exam or non-emergency travel are not valid excuses for missing an exam. Students who miss a term test and do not provide acceptable documentation receive a grade of zero. If you miss a term test, please do NOT send an to me or your assigned TA. You should submit an original copy of your supporting documents to me after lecture in the classroom or during the instructor s office hours. Students who miss either term test and provide acceptable documentation will write the make-up term test which is held during class time on March 31, There is only one comprehensive makeup test each term, covering the material in both Test 1 and Test 2. You must be available at the class time on March 31, 2017 to write the make-up test. No other times will be scheduled. If you miss Test 1 and are granted permission to write the Make-Up Test, you must still write Test 2. If you miss Test 1, write the Make-Up test, and skip Test 2, you will receive a zero for Test 2. If you miss only Test 2 and are granted permission to write the Make-Up Test, the Make-Up Test will count only for Test 2. The weight of a missed term test cannot be transferred to the final exam. The Make-up test is only for students who missed an original test. No student is ever allowed to write a make-up test in order to improve a score from the original test. DEFERRED FINAL EXAM POLICY Students must fill out the Deferred Standing Agreement form available at and submit it along with all original supporting documentation to the Department of Economics located in 1144 Vari Hall within in 10 business days of the original exam date. Submitting the form does NOT guarantee permission to write the deferred exam. Only submissions that meet all requirements will be granted permission. Students whose submissions are not granted will receive a zero for their final exam score. There is only one date for the Deferred Final Exam, which will be held in the S1 exam period (June 14 - June ). The exact date will be announced by the end of April Page 7 of 10 Pages

8 Deferred Standing for the final exam will be considered only under the following circumstances: 1. MEDICAL CIRCUMSTANCES: Exams missed due to medical circumstances must be supported by a York Attending Physicians Statement filled out completely by a medical doctor or licensed psychologist/counselor, dated within 48 hours of the final exam date. The statement must include: Full name, mailing address, telephone number of the physician. The nature of the illness and its duration (i.e., specific dates covered) An indication of whether the illness and/or medication prescribed would have SERIOUSLY affected the student s ability to study and perform over the period in question. The physician s office may be contacted to verify that the statement was actually completed by the physician. 2. NON-MEDICAL CIRCUMSTANCES: Exams missed due to non-medical circumstances must be supported by appropriate documentation, i.e., death certificates, obituary notice, automobile accident reports, airline/bus ticket receipt for emergency travel (with the date of booking on the ticket), etc. Airline/train/bus ticket/receipts for emergency travel must indicate destination, departure, and return dates. Having to work at the time of the exam or non-emergency travel are not valid excuses for missing an exam. IMPORTANT INFORMATION FOR STUDENTS All students are expected to familiarize themselves with the following information, available on the Senate Committee on Curriculum & Academic Standards webpage; York s Academic Honesty Policy and Procedures/Academic Integrity Website Academic Honesty and Integrity: Conduct that violates the ethical or legal standards of the University community or of one s program or specialization is subject to severe penalties. Students are responsible for understanding the nature and consequences of these offences, as contained in the Senate Policy on Academic Honesty, found on the York University Senate WEB page: Ethics Review Process for research involving human participants Course requirement accommodation for students with disabilities, including physical, medical, systemic, learning and psychiatric disabilities Student Conduct Standards Religious Observance Accommodation Page 8 of 10 Pages

9 Grading Scheme and Feedback (Senate)Policy: Religious Observances Dates : Fall/Winter Important Dates: Last date to add a course without permission of instructor (also see Financial Deadlines) Last date to add a course with permission of instructor (also see Financial Deadlines) Last date to drop a course without receiving a grade (also see Financial Deadlines) Course Withdrawal Period (withdraw from a course and receive a grade of W on transcript see note below) Winter Term 2017(W) Jan. 18 Feb Mar March 11 - Apr. 5 Important Academic Forms Religious Accommodation - Deferred Standing - Attending Physician s Statement Form - TIPS TO DO WELL IN THIS COURSE Attend all the lectures and actively participate in class. Studying just from the lectures slides, which will be posted on the course website, is not a substitute of attending lectures. Some of the materials covered during lectures may NOT be available in lecture slides. Feel free to ask as many questions as you want in the class. There is no stupid question in my class. Read the textbook and other assigned readings between the lines and go through your lecture notes of the class. If you have any questions, ask me during my office hours. Work out all of the required quizzes, the practice question sets, the old exam questions which are available on the MyEconLab course webpage. These quizzes, the practice question sets, and the old exam questions are meant for helping you to understand the course materials and to prepare for the exams. If you have any question regarding the course materials or course policies, you should feel free stop by during the office hours of the TAs and/or the instructor or or post the question to your assigned TA on the MyEconLab Discussion Board send an to your assigned TA. Page 9 of 10 Pages

10 LECTURE PLANS AND IMPOARANT DATES (Reference codes refer to the texts mentioned above) Date Topics References/ Comments January 6, 2017 Course Outline; Introduction to PB: Ch 1, Ch 2 Economics; The Economic Problem January 13, 2017 Demand and Supply PB: Ch 3 January 20, 2017 Elasticity PB: Ch 4 January 27, 2017 Efficiency; Government Action in Markets PB: Ch 5.2-3, Ch 6 February 3, 2017 Utility and Demand PB: Ch 8 February 10, 2017 Test 1; Lecture topics: Possibilities, Preferences, and Choices February 17, 2017 February 24, 2017 March 3, 2017 Possibilities, Preferences, and Choices; The Firm and its Economic Problem; Reading Week; NO CLASS Output and Costs; Perfect Competition; Test 1 will be held in the classroom (ACE 102) on Feb 10; There will be a lecture after the exam. PB: Ch 9 PB: Ch 9; Ch 10.1 PB: Ch 11, Ch 12 March 10, 2017 Monopoly; Oligopoly PB: Ch 13; Ch 15.2 March 17, 2017 Test 2; Lecture Topics: Externalities March 24, 2017 Public goods PB: 17 March 31, 2017 Make-Up Test; Lecture Topics: Factor Markets Note: Additional readings, if necessary, will be assigned during the term. Test 1 will be held in the classroom (ACE 102) on March 17; There will be a lecture after the exam. PB: Ch 16 Make-Up Test will be held in the classroom (ACE 102) on March 31; There will be a lecture after the exam. PB: Ch Page 10 of 10 Pages

11 MyEconLab Registration Instructions ECON 1000/1010 use MyEconLab as the course website. You can access the course website and MyEconLab at You will need a valid Pearson access code that either came with your purchased textbook bundle, bookstore access card, or bought online. Use that access code to get to the ECON 1000 or 1010 website (the ID will be provided in your course outline) by following the instructions below. How To Enroll in ECON 1000/1010MyEconLab Go to Under Register, select Student; then select OK! Register now Enter your Instructor s Course ID: york39128, and Continue If you have an existing Pearson account username and password, simply Sign In. You have an account if you have used a Pearson product, for example: MyMathLab, MyITLab, MyPsychLab, MySpanishLab or Mastering, such as MasteringBiology. If you do not have an account, select Create and complete the required fields. Enter the address you use most; it will be your user name. You ll get important s from your instructor at this address, so be sure to check it regularly. Choose a password. Where it asks for First Name and Last Name, enter your first and last name exactly as they appear on your York card. Complete the rest of the page. Be sure to enter your 9-digit York Student Number as your Student ID. Select an access option: Use the access code that came with your textbook or that you bought separately from the bookstore. Buy access using a credit card or PayPal account. If available, get 14 days temporary access. (The link is near the bottom of the screen.) To return to the course website, log into as a returning user with the username/password you just created. The course website will be available by the start of term. Technical Support Detailed instructions on navigating the course are available from the? link at the top right of every webpage. Once in Help & Support, click on Student Help. The Technical Help tab on the main course menu also contains 24/7 contact information for Pearson. Go to which has live chat (best). If you have technical problems, the Department cannot help. Contact Pearson.