Eco 101 Principles of Microeconomics
Spring 2007
Section 830
MWF 11:30-12:25
Mahar 204
SUNY Oswego homepage
Dr. Liz Dunne Schmitt     431b Mahar   312-3455
Office Hours:    MWF 10-11:20, T 11:15-12:15, and by appointment.

Course Syllabus
The textbook
Lecture Notes
Answer keys
Exam Study Guides
How can I find out my grades?
Suggestion Box

Dr. Schmitt home page | Economics Dept. home page | SUNY Oswego home page

The Textbook

The required textbook for this course is

Introduction to Microeconomics, 2nd edition by Edwin G. Dolan.  Best Value Textbooks
I placed orders to both the campus bookstore and Kraftees.

I require a textbook because reading about this material is an essential part of learning it well.  Choosing not to buy/read the textbook results in a more limited understanding of the material and a limited ability to apply economic analysis to new situations.  This shortcoming will show up in my exams, which emphasize application NOT memorization.

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Lecture Notes
NOTE: The lecture notes are an outline of class lectures and are not a substitute for regular attendance.
All lecture notes are PowerPoint presentation files.  You can dowload them on the school computers, which all have PowerPoint software to view and/or print them for class.  I recommend printing 3-6 slides per page.  (These are available printing options). If you do not have PowerPoint on the computer you use, you can download the open source equivalent to MS Office known as Open Office. This will allow you to view, print and edit the files.  

Intro to Eco 101: Course Policies
Chapter 1:   The Economic Way of Thinking

Appendix:  Working with Graphs

Chapter 2:   Supply and Demand

Chapter 3:   Supply, Demand and Elasticity (pages 67-79)

Chapter 4:   Economic Theory, Markets and Government  

Chapter 5:   Consumer Choice

Chapter 6:   Production and Cost

Chapter 7:   Perfect Competition

Chapter 8:   Monopoly

Chapter 9:   Monopolistic Competition and Oligopoly

Chapter 10: Pricing in Resource Markets

Chapter 11: Markets for Capital and Natural Resources

Chapter 13: The Economics of Uncertainty

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Homework (MS Word documents)
This assignments will be posted a week prior to their due date
homework 1, due 2/12/07
homework 2, due 2/19

homework 3, due 3/9

homework 4, due 3/16

homework 5, due 4/20

homework 6, due 4/27

Answer Keys (MS Word documents)

Keys will be posted after graded work (homework, exams) is returned
homework 1 key
homework 2 key

homework 3 key

homework 4 key

homework 5 key

homework 6 key

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The Exam study guides 

As the exam approaches I will post a study guide to help you go through the material
exam 1 study guide
exam 2 study guide

exam 3 study guide

final exam study guide (note:  the final covers chapters 1-11, 13)

Jeopardy Final Exam Review, part I (PPT file)
Jeopardy Final Exam Review, part II  (PPT file)

Old Exams:  Spring 2006
Exam 1,  Exam 1 key
Exam 2,  Exam 2 key
Exam 3,  Exam 3 key
Final Exam (Word file emailed as attachment to your Oswego account, 5/7/2007)
Final Exam (an Adobe PDF document)
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How can I find out my grades?

Both federal law and college policy prohibit the posting of grades, especially using any part of a student's social security number.  I will be emailing scores on exams and midterm and final point totals using email addresses provided by the registrar.  This means
In addition to emailing grades, I will also email other important information and announcements as they arise in the course.
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Suggestion Box

Click here to drop a suggestion or comment in my electronic suggestion box. The form generates an anonymous email, so you are assured confidentiality.

Click here to read some of the suggestions/comments along with my responses.

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Other useful resources  This site has many free study tools for economics students, including multiple choice quizzes on various topics.  This site is maintained by an economics professor at Amherst College, and offers of wealth of links to economics news, data, and analysis.

EconDebates Online is a site from Southwest College Publishing with information and links on many of the current debates in economics.  This site was created by Dr. John Kane of our own economics department.

Explorations in Supply and Demand
This is a self quizz on supply and demand by Kim Sosin.

Graph Tutorial
Out of Syracuse University, this provides a refresher for using and understanding graphs, an essential skill in this course.

Resources for Economists on the Internet. Edited by Dr. Bill Goffe, also of the SUNY Oswego economics department, this internationally renowned site lists 1,265 resources in 74 sections  and sub-sections available on the Internet of interest to academic and practicing economists, and those interested in economics. Almost all resources are also described.

The SUNY Oswego Economics Department web site has links to all of the faculty web pages, course descriptions, career information and a wealth of other economic sites.