INTRODUCTION TO MICROECONOMICS: AP/ECON 1000 3.0 A
(S1) SUMMER SEMESTER 2012
DEPARTMENT OF ECONOMICS,
FACULTY OF LIBERAL ARTS AND PROFESSIONAL STUDIES, YORK UNIVERSITY
Course Instructor: Sadia Mariam Malik
Office: 1094 Vari Hall
Phone: 416-736-2100 ext. 20532
Email: [email protected]
Class Lecture Time: Mondays and Wednesdays (11:30 am – 2:30 pm)
Lecture Venue: ACW 109
Office Hours: Tuesdays and Thursdays – 1:00–2:00 pm and by appointment
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 micro-economic analysis such
as demand and supply; consumer behaviour; the behaviour of firms; costs, pricing and profit
maximization strategies under different market settings; and the impact of government
regulation on market incentives and production.
Required Course Material
1) “Microeconomics: Canada in the Global Environment.” Seventh Edition. By Michael
Parkin and Robin Bade. ISBN: 978-0-321-67841-9. Pearson 2012.
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 license 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. I would also suggest that you use this resource to
practice on your own. There are a number of practice tests available that will
1 instruct you in case you make a mistake and will help you organize your study
• MyEconlab can be assessed online through www.myeconlab.com with an
access code that is provided with the purchase of the new textbook. Using your
friend’s account or registering under someone else’s name will not work. You will
need to create your own account.
• In order to familiarize you with MyEconlab, I will arrange an orientation session in
the first week of the semester. Round the clock technical support is also 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
The assessment of your results 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:
Midterm Exam 30%
Final Exam 50%
Online Quizzes 20%
Exam Dates and Rules
• Tentative date for the midterm exam is Monday, May 28, 2012. The final exam will be
held in the period of June 20-22, 2012. The precise date for the final exam will be
• Both midterm and final exams will consist of multiple choice questions.
• No student will be allowed to write the exam prior to the scheduled date.
• No student will be allowed to write the exam in order to improve the letter grade.
• York University is committed to respecting the religious beliefs and practices of all
members of the community. In case, any of the exam dates clash with the day of your
religious observance, you are responsible for contacting me at least two weeks in
advance. To arrange for an alternative date, you must complete an examination
Accommodation Form available at
2 • Cheating and plagiarism are considered to be serious offences by York University.
Please visit the Academic Integrity web site
http://www.yorku.ca/acadinte/students/index.htm to read the Senate Policy on Academic
• Cell phones, electronic translators, programmable calculators, iPods, MP3 players, and
other electronic devices are not permitted into exams. You will only be allowed the use
of non-programmable calculator and English language dictionaries. Other permissible
items to carry in exams are pens, pencils, student ID, coats and purses.
Make-up Exams Policy
• No make-up exams will be given for a missed midterm exam. If for any reason you miss
a midterm, your final exam will have a greater weight and will count towards 80 percent
of your total points earned, instead of 50 percent.
• In case you miss the final exam,