econ 1: principles of microeconomics
TRANSCRIPT
Econ1:PrinciplesofMicroeconomics
Fall2016PriceCenterTheatre
BasicInformation
• Instructor:ProfessorKateAntonovics– Office:Economics327– Officehours:Tuesdays1:45-3:15pm– Email:[email protected]
• Thecourse:Wewillbeginthiscoursebyaskingwhy individualsinteractinmarketsettings. Wewillthen discussdemand, supplyandmarketequilibrium.Having donethatwewill examinemore closelyhowindividualsmakeconsumptionchoices,how firmsbehaveunderperfectcompetitionandwhyperfectly competitivemarketsleadtoefficientoutcomes.Finally,we discussinternationaltradeandthelabormarket.Therearenoprerequisites.
TopicOutlineTopic Reading
Comparative Advantage Chapter 2
Supply andDemand Chapter3
Elasticity Chapter4
Demand Chapter5 (includingtheappendix)
Perfectly CompetitiveSupply Chapter6
Efficiency, ExchangeandtheInvisibleHand Chapter7
InternationalTrade Chapter 27
TheLaborMarket Chapter12, pages325- 331
StuffYouNeed
1. TheUCSDcustomeditionofPrinciplesofEconomics,6th Edition,byFrank,Bernanke,AntonovicsandHeffetz (ISBN-9781308574394).TheUCSDcustomeditioncontainsanimportantappendixtoChapter5andadditionalmaterialoninternationaltradethatarenotinthestandard6th edition.ThisbookalsowillbeusedforEcon2andEcon3.
2. Connectaccesscode(for6e):YouMUSThaveanaccesscodetogainaccesstothedigitalmaterialsthataccompanythetextbook,includingthe weeklyon-lineassessments.YourinstructorsforEcon2andEcon3mayalsorequireyoutohavethisaccesscode.
3. i>clickerori>clicker2:availableattheUCSDBookstore(and,asalways,Amazon.com)
• AConnectaccesscodeplusaprintversionofthetextbookcomebundledtogetherattheUCSDBookstore:$106.75
• IrecommendthatyoubuytheBookstorebundlebecauseit’sagooddeal.Warning:donotloseyouraccesscode!!!YoumightneeditforEcon2orEcon3.
BuyingtheTextbook&AccessCode
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AWeekintheLifeofEcon11. Attendclass
a. Takenotes;partiallecturenotesarepostedonTritonedb. Answeroptional clickerdiscussionquestions.
2. Attendweeklydiscussionsections:YourTAswillgooveroldexamquestions,whichwillbepostedaheadoftimeontheclasswebpage.Answerswillnotbeavailableuntiljustbeforethemidterm.Youarenotrequiredtoattendsection,butitisrecommended.
3. Completeperiodicpre-classvideoquizzes:beforesomeclassesIwillaskyoutowatchshortvideosandcompleterelatedquizzes.
4. Completeweeklyonlineassessments
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ClickerDiscussionQuestionsIndividualVote GroupVoteSmallGroup
Discussion
Class-WideDiscussion
InstructorWrap-up
TraditionalCourses
Youlearnthehardstuffwhenthere’sno“expert”aroundtohelp.
FirstExposure
Lecture Textbook
ReadHardStuff
Homework
SeeifYouKnowHardStuff
Exam
ShowKnowledgeMastery
ThisCourse
• Yourfirstexposuretosomematerialwillhappenbeforelecture.• Thatwecanuseclasstimetoengageinactivitiesthatincreaseyour
understandingofthehardstuff.
SectionPre-ClassAssignments Lecture OnlineAssessments Exams
ShowKnowledgeMastery
FirstExposureLearnHardStuff
withMeandYourClassmates
SeeifYouKnowHard
Stuff
PracticeHardStuffwithTA
+QUIZ
Areclickersworthit?• WhenIhaveusedclickersinthepast,about90% ofstudentsagreedor
stronglyagreedthatotherinstructorsshouldusethisapproach.
• “IfeltlikeIcontributedmoretothisclassthananyotherclassbybeingabletodiscussmyanswerswithmypeers.Inaddition,IfeltlikeIwaslearningfrommypeersaswellwhentheydiscussedhowtheyapproachedtheiranswers.”
• “IfeellikeIamdefinitelymoreengaged.Andsincewediscussthequestionsamongourselves,itismorecomfortableforustoaskeachotherquestionsandhelpeachotherlearn.IstronglyfeellikeIampartofthelecturesandotherstudents'learningprocess,ratherthanjustabystander,listeningandmaybelearningnothing.”
WeeklyOnlineAssessments• Therearetwotypesofonlineassessments(BOTHarerequired)
– End-of-chapter(EOC)questions– LearnSmart (LS)adaptivelearningmodules– Bothgradedonthepercentageofquestionsyouanswer
correctly
• Tocompletetheonlineassessments,youMUSTHAVE aConnectaccesscode
• MostassessmentsaredueSundayat11pm.Lateassessmentsarenotaccepted.Noexceptions.
CourseGradesItem Option 1 Option2
In-ClassClickerDiscussion Questions• Gradedonlyonparticipation• Yougetfullcreditifyouclickatleast75%ofthetime• 6lowestclassesautomaticallydropped
5% 0%
Pre-ClassVideoQuizzes&OnlineAssessments• Approximately20individualitems• 6lowestscoresautomaticallydropped
5% 5%
Midterm1:Friday,October14th inclass* 20% 20%
Midterm2:Wednesday,November9th inclass* 20% 20%
FinalExam9amLecture:WednesdayDecember7th,8:00-11am*10amLecture:Friday,December9th,8:00-11am*
50% 55%
*ThedatesofthemidtermandfinalexamareNOTNEGOTIOABLE
COURSEGRADE =max{OPTION1,OPTION2}(Ichooseforyou)
GettingStartedwithConnect1. Logontotritoned.ucsd.edu andgotoEcon12. GototheOnlineAssessmentfolderintheContentarea.3. Clickon“Graphing”4. Followthepromptsto“Continue”and“RegisterNow”5. EnteryourUCSDemailaddress.Thisisimportant.Ifyouregister
withsomeotheremailaddress,youwillneedtocontactMcGraw-Hillcustomersupporttochangeyouremailaddress(seebelowforcontactinformation).
6. Enteryouraccesscode,orselect“BuyOnline”,orselect“StartFreeTrial”for14 daysoffreeaccess(seethescreenshotonthenextpage).
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Visit:www.mhhe.com/support
Call:(800)331-5094
Monday- Thursday: 5am - 1amFriday:5am - 6pm
Saturday:7am - 5pmSunday:9am- 11pm
(AlltimesPacific)
NeedHelp?
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CourseWebPagetritoned.ucsd.edu
• ALLcourseinformationandmaterials(includingacopyofthissyllabus)arepostedontheclasswebpage.
• YouMUSTregisteryouri>clickeronTritoned.– YES! Evenifyouhaveregisteredyourclickerforanotherclass.– ClickonRegisterYouri>clickerRemoteID inthecoursemenu.– Ifyoufailtodothis,youwillnotreceivecreditforanyofyour
clickerresponses!
AcademicIntegrity• Academicdishonestywillnotbetolerated.Studentsareexpected
todotheirownwork,asoutlinedintheUCSDPolicyonIntegrityofScholarship.AllsuspectedcasesofacademicdishonestywillbereportedtotheAcademicIntegrityCoordinator.InadditiontothepenaltiesimposedbytheAcademicIntegrityReviewBoard,Ialsoreservetherighttofailstudentsfoundguiltyofacademicmisconduct.
• Thefollowingareafewexamplesofacademicdishonesty1. Usingsomeoneelse’sclickerinclass2. Havinganotherstudentcompleteanassignmentforyouorgiveyou
answerstospecificquestions3. Usingunauthorizedmaterialsinanexam4. Lookingatanotherstudent’sanswersduringanexam5. Havingsomeoneelsetakeyourexamforyou6. Lyingabouthavingtakenanexamorcompletedanassignment
AdministrativeIssues1. Ifyouhaveadocumenteddisability,pleasetotalktoSylviaRamirezas
soonaspossiblesothatshecanmakesuitableaccommodationsforyou.Sylvia’sofficeisinSequoyahHall245.Ifyoubelievethatyouhaveadisabilityanddesireaccommodation,pleaseregisterwiththeOfficeforStudentswithDisabilities.
2. Ifyouneedtomissamidtermforaverifiablemedical/legal/sportsreason,yourmidtermgradewillbeyourgradeonthefinal.Failuretonotifymepromptlythatyoumustmissamidtermwillresultinazerogradeforthatmidterm.Unexcusedabsenceswillalsoresultinazero.
3. Ifyouarrivelatetoanexam,Iwillallowyoutotaketheexaminthetimethatremainsaslongasnoonehasturnedinhis/herexamandlefttheroom.Onceaclassmatehasturnedinhis/herexam,youwillearnazeroonthetestifyouarrivelate.
AdministrativeIssues4. UCSDnowhasautomatedwaitlists.Ifyouhaveanyquestionsregarding
addingtheclass,pleasecontacttheundergraduateadvisorsinSequoyahHall245.
5. WiththepermissionoftheTA,youmayattendanydiscussionsectionandgotoanyoftheTA’sofficehours.
6. Midtermsandexamsthatyoudonotpickupwillbekeptfor30daysfollowingtheendofthecourseandthenthrownaway(atwhichpointyourscorescannotbedisputed).
Noteon9amvs.10amlecture• Ifyouwantclickerparticipationpoints,youMUST attendthe
lectureforwhichyouareregistered.• Forthemidtermsandfinalexam,youMUST taketheexamwiththe
lectureforwhichyouareregistered.• Theanswertothefollowingquestionsis“no”.
– CanItakethefinalexamwiththeotherlecturesoIcangotomysister’swedding?
– Ihave3finalexamsonthedayofourfinal,canItakethefinalwiththeotherlecture?
– IhavetomissclassnextweekbecauseIhaveadoctor’sappointment,canIgetmyclickerpointsifIgototheotherlecture?
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TOUROF CLASSWEBPAGE
Whatdostudentssayaboutmyclass?
“Asastudentwhohasnevertakeneconomicsbefore,IfeltthisclasswassucharealityshockinthattheseconceptswelearnineconomicscanACTUALLYbeappliedtoreallifeandinthisshort10weekclass,it'sjustastruggleto acceptthatthisishowtheworldruns.Ifinditverydifficulttodowellinaclassthatissorealistic.Iwouldnotrecommendthisclassunlessit'snecessarybecauseitisnoteasy!”
--anonymous,Fall2011courseevaluations
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ThisquarterJemMarasigan,anundergraduateatUCSD,andIareconductingastudyofvoterturnoutamongstudentsenrolledinthiscourse.Ourgoalistobetterunderstandthefactorsthataffectvoter-turnoutamongcollegestudents.Aspartofthisstudy,weareaskingyoutocompletetwoshortsurveysonTritonEd thataskyouaboutyourbackgroundandyourlevelofpoliticalengagement.Yourparticipationinthisstudyisvoluntary,andyoudonotneedtocompletethesurveystodowellinclass.Inaddition,beforeweanalyzethedata,bothstudentIDsandnameswillbedeletedfromthedata.Thiswillhelpkeepyourresponsesanonymous.Completingeachofthetwosurveyswillbeequivalenttoearning100percentonahomeworkassignment.However,ifyoudonotwishtocompletethesurveys,youwillhavetheopportunitytocompleteanalternativeassignment--oneforeachsurvey.Thealternativeassignmentsreviewbasicmathconceptsthatareusefulineconomicssuchasfractions,percentages,andratios.
Forthenextclass• BuythetextbookandaConnectaccesscode• RegisterforConnect• CompletethePre-SurveyorMathReview—due9/25/16at11pm
– Bothoftheaboveassignmentsareonlygradedoncompletion.– Completingtheassignmentsisequivalenttoearning100%onahomework
assignment– Youarenotrequiredtodoboth.– Ifyouwanttodoboth,youcanbutcreditwillonlybegivenforone
assignment.
• CompletetheGraphingassessment—due9/25/16at11pm• CompletetheChapter2VideoModule—due9/25/16at11pm• Buyani>clicker• Registeryouri>clickeronTritoned