Spring 2004
Updated 02/12/04
1) Textbook: Steven Landsburg, Price Theory and Applications, 5th Edition.
2) Subscription to Aplia.com (instructions for subscribing).
3) Recent version of Microsoft Office.
Introduction Lecture Notes
Week Two Aplia Assignment Summary Statistics
Chapter 1: Supply, Demand, and Equilibrium.
Chapter 2: Prices, Costs, and the Gains from Trade.
Chapter 3:Behavior of Consumers
Chapter 4: Consumers in the Marketplace.
Sample First Exams: Spring 2003 Part 1 Spring 2003 Part 2 Spring 2003 Answers Spring 2002, Fall 2001, Spring 2001, Fall 2001, Spring 2000, Fall 2000, Spring 1999, Fall 1999, Spring 1998 (b), Fall 1998 (b), Spring 1997 (b), Fall 1997.
Chapter 5: The Behavior of Firms
Chapter 6: Production and Costs
Chapter 7: Competition
Sample Second Exams: Spring 2003 Part I and Part II Spring 2003 Second Exam (7PM class) Spring 2003 Answer Fall 2002 Answer, Spring 2002, Fall 2001, Spring 2001, Fall 2001, Spring 2000, Fall 2000, Spring 1999, Fall 1999 (b), Spring 1998, Fall 1998 (b), Spring 1997, Fall 1997.
Chapter 10. Monopoly.
Chapter 10, Lecture Notes
Chapter 11: Market Power, Collusion, and Oligopoly (Optional)
Chapter 11, Lecture Notes
The final exam is comprehensive. All topics will be given equal weight. Students should bring a bluebook, calculator, and pen to the exam.
Sample Final Exams: Spring 2002, Fall 2001, Spring 2001 (b), Spring 2000, Fall 2000 (b), Spring 1999, Fall 1999 (b), Spring 1998 (b,c), Fall 1998, Spring 1997 (b), Summer 1997 (b).
Econ. 310 Online Grade Roster (not available yet).
Grades will be determined by your score on the following:
Aplia Website Assignments: 20%
Two Exams: 20% each
Comprehensive Final Exam: 40%
Exams will consist of multiple choice and essay style questions.
Examinations will only be given at scheduled times.
There are no excused missed examinations.
Missed examinations will count as a score of 0. Plus/minus grading will not be used.
All examinations are closed book, closed note. Students may bring a calculator into the exam room but the calculator's memory must be purged of all class related material before entering the exam room.
In addition to the Aplia assignments there will be a series of homework assignments and quizzes. The homework and quiz scores will be added to the score on next test. Students not submitting homework or who miss quizzes will receive a point deduction on the next test.
Grades are assigned using a modified curve. Roughly speaking, A's are earned by all students who average two standard deviation above the mean on the tests and final. B's are earned by students averaging 1 standard deviation above the mean. C's are earned by students averaging 0 standard deviation below the mean. D's and F's are given to students scoring below -.5 standard deviations from the mean.
The course scores required for each grade are adjusted for the overall performance of all sections in a given semester relative to the historical performance of past classes.