Faculty of Liberal Arts & Professional Studies
Department of Economics
Course # and Title: Introduction to Microeconomics: AP/ECON 1000 M
Course Webpage: http://jacinth.eso.yorku.ca/LotusQuickr/2014w-apecon1000m-03/Main.nsf Course Instructor/Contact:
Sadia Mariam Malik
1094 Vari Hall
416-736-2100 Ext. 20532
Office Hours: Tuesdays and Thursdays – 1:00-2:00 pm and by appointment Email:
LectureTime and Location:
Tuesdays and Thursdays (10:00 am - 11:30 am)
To be posted
Course Description: This course will familiarize students with the basic principles and tools of microeconomic analysis which will help them to understand what economics is all about; why it is important to study economics; what is an economic way of thinking; and how individual economic units such as consumers and firms make optimal decisions. By the end of this course, it is expected that students will have a firm understanding of the basic concepts of microeconomic analysis such as demand and supply; consumer behavior; the behavior of firms; costs, pricing and profit maximization strategies under different market settings; and the impact of government regulation on market incentives and production. Note: Successful completion of this course, together with AP/ECON 1010 3.00, 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 Text / Readings:
Required Course Material
1) “Microeconomics: Canada in the Global Environment.” Eighth Edition (seventh edition is fine too). By Michael Parkin and Robin Bade. Pearson 2012.
Note: If you plan to take Macroeconomics (Econ1000), a smart deal for you would be to buy the textbook titled as “Economics: Canada in the Global Environment” which is the combined text for both Micro and Macroeconomics.
2) MyEconlab by Pearson 2012.
MyEconlab is an online homework, tutorial, and assessment system that comes packaged with the text books of both micro and macroeconomics by Parkin and Bade. So if you plan to take on Macroeconomics (Econ 1010), this package is all that you need.
Note that if you are planning to buy the used text book, you will still need to purchase the access code for MyEconlab.
It is required that you make use of this important resource to organize your study, improve your understanding of key concepts and theories, learn their application to real world scenarios, and to prepare for your exams. I will use this system to assign you online quizzes from time to time in order to facilitate you to get more practice for exams.
MyEconlab can be assessed online through www.myeconlab.com with an access code that is provided with the purchase of the new textbook. You will need the following to access MyEconlab: 1) An access code that is provided when you purchase the new textbook or purchase the program separately 2) Course ID which is malik58495 and 3) Valid e-mail address.
Using your friend’s account or registering under someone else’s name will not work. You will need to create your own account.
Round the clock technical support is available with the publisher in case you experience any difficulty in using the software.
Optional Course Material
Study Guide accompanying the required text book by Parkin and Bade. Although the study guide is not a required text, it is entirely up to you to study it for more practice and greater understanding.
Weighting of Course:
Evaluation: The evaluation of your result in the course will be based upon one midterm exam, a final exam and online quizzes. The contribution of each of these in the final grades will be as under:
Exam Dates and Rules
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