ECON 2210 Lecture Notes - Lecture 1: Chrysler Hall, Monopsony, Blackboard

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27 Jun 2018
Department
Course
Professor
Page 1 of 2
University of Windsor
Department of Economics
Economics 41-221
Intermediate Microeconomics 1
SECTION 2
Winter 2018
Course Objective: The purpose of this course is to enable students to understand the behaviour of individual
economic units such as consumers, workers, investors, and firms. We investigate how and why these units make
economic decisions, and how they interact with each other to form markets and industries.
Instructor: Michael Batu
Office: Lambton Tower 7117
E-mail: mbatu@uwindsor.ca
Office hours: Mondays, Tuesdays, Wednesdays, Thursdays 4:30-6:00 PM
Lecture times: Tuesdays and Thursdays, 2:30-3:50 PM, Chrysler Hall North G125
Textbook: R.S. Pindyck and D.L. Rubinfeld, Microeconomics, 8th Edition
Reading list: Chapter 1 Preliminaries
Chapter 2 Basics of Supply and Demand
Chapter 3 Consumer Behaviour
Chapter 4 Individual and Market Demand
Chapter 5 Uncertainty and Consumer Behaviour
Chapter 6 Production
Chapter 7 Cost of Production
Chapter 8 Profit Maximization and Competitive Supply
Chapter 9 Analysis of Competitive Markets
Chapter 10 Monopoly and Monopsony
Lectures: My lectures follow the reading list. Students are strongly encouraged to attend the
lectures. I write my lecture notes in class and will post them in Blackboard at a later date
usually a day or two before the exams.
Evaluation: Students are responsible for all material on the reading list and all material covered in the
lectures. Lectures will not be limited to material covered in the text nor will all material on the
reading list be addressed in the lectures.
Evaluation
Date and time
Location
Weight
Midterm exam 1
FEBRUARY 1 (Thursday)
In class
20%
Midterm exam 2
MARCH 8 (Thursday)
In class
20%
Assignments
5 assignments through blackboard
Class participation equivalent to 1
assignment (plus 1 optional
assignment)
N.A.
20%
Final exam
APRIL 19
T.B.A.
40%
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Document Summary

Course objective: the purpose of this course is to enable students to understand the behaviour of individual economic units such as consumers, workers, investors, and firms. We investigate how and why these units make economic decisions, and how they interact with each other to form markets and industries. Tuesdays and thursdays, 2:30-3:50 pm, chrysler hall north g125. Students are strongly encouraged to attend the lectures. I write my lecture notes in class and will post them in blackboard at a later date usually a day or two before the exams. Students are responsible for all material on the reading list and all material covered in the lectures. Lectures will not be limited to material covered in the text nor will all material on the reading list be addressed in the lectures. Class participation equivalent to 1 assignment (plus 1 optional assignment)

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