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Northeastern University - ECON 1116 - Class Notes - Week 1

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Northeastern University - ECON 1116 - Class Notes - Week 1

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background image Northeastern University           Spring 2016 Lectures:     Monday/Wednesday/Thursday 9:15 – 10:20 a.m. in 97 Cargill ECON 1116  Principles of Microeconomics Instructor: Jelena Nikolic, Ph.D. ( j.nikolic@neu.edu Office: 357 Holmes Hall
Phone: 
617­373­6277 Office Hours:  Monday 11:40 am – 12:50 pm and Thursday 11:40 am – 1:30 pm. Also, By Appointment. Recitation sessions: Recitation Leaders/Graduate Teaching Assistants: Robert Bradley (bradley.ro@ husky.neu.edu) Carlos Casso Dominguez ( cassodominguez.c@husky.neu.edu ) Nehan Naim (naim.n@husky.neu.edu) In   addition   to   registration   for   the   course,   each   student   MUST   be   registered   for   a
Recitation session (ECON1126...titled “Recitation for ECON1116”); Recitation meetings
are key to leaning and attendance is required. Introduction/Description: This course is an introduction to the fundamentals of microeconomics. Microeconomics
studies individual consumer and firm behavior and how their decisions affect market
outcomes. Some topics include supply and demand, the theory of the firm, and consumer
behavior.   The   course   will   also   introduce   economic   methodology   including   creating
arguments, empirical verification, and policy decision­making. Upon completion of the
course you should have a basic understanding of the choices facing consumers and firms,
and the workings of different market structures. Course Goals: Economics   is   primarily   a   method   of   reasoning   used   to   form   judgments   regarding
background image economic issues faced today. At the end of the term you should be able to make logical
economic arguments as well as analyze the appropriateness of alternative arguments
based on the analysis developed in this course. Specifically you should be able to: Define the terms and concepts economists use to describe individual, firm, government, and societal behavior.  Predict   or   evaluate   the   effects   of   government   policies   or   other   events   on   society’s allocation of resources using supply and demand analysis.  Illustrate the welfare loss resulting from market failures such as externalities, determine government policies to address those failures, and evaluate the policies.  Show how firms make production, pricing, and hiring decisions, and how those decisions depend on costs and the degree of competition firms face.  Prerequisites: No formal prerequisites; however familiarity with algebra and geometry are strongly recommended. If you need a refresher on the mathematics used in the course the textbook
has a mathematical appendix.
Required Software and Textbook: MyEconLab Software and Text – Microeconomics, Hubbard & Obrien, Pearson/Prentice Hall. The latest version of the text and access code are bundled together at the bookstore.
There are three options at the bookstore:
However, you may also purchase directly from Pearson; the price for MyEconLab + eBook is $106, with an option for a $55 looseleaf print upgrade. PREVIOUS EDITIONS are ACCEPTABLE.  MyEconLab (MEL) is required for this course, you CANNOT complete the homework
without MEL. You can purchase the textbook with access card to MEL at the bookstore;
you can also purchase access to MEL directly online. Access to the Pearson eText can be
purchased online as well. You need to register for MEL as soon as possible so as not to
miss any Homework due dates. Instructions for MEL registration will be provided on the
Blackboard. 

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School: Northeastern University
Department: Engineering
Course: Principles of Microeconomics
Professor: Shaun O'Brien
Term: Winter 2016
Tags: Microeconomics
Name: Economics Syllabus
Description: This is the provided syllabus
Uploaded: 02/09/2016
6 Pages 24 Views 19 Unlocks
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