ECON 4200, Microeconomic theory, Fall 2002
Instructor: Keith Acheson, E-mail firstname.lastname@example.org Office A804 of Loeb Bldg
Office hours: Wednesday 10am – 1pm; contact me by email to make appointments at other times.
Basis of class assessment
Tests and final exam: There will be two in-class tests, each of one hour and twenty minutes, held on Oct. 1, 2002 (worth 25%) and on Oct. 31, 2002 (worth 25%). The final exam will be three hours and held in the formal exam period (worth 50%). The tests and exam will mostly consist of problems.
Note: Students with disabilities requiring academic accommodations in this course are encouraged to contact a coordinator at the Paul Menton Centre for Students with Disabilities to complete the necessary letters of accommodation. After registering with the PMC, make an appointment to meet and discuss your needs with me at least two weeks prior to the each of the class tests. This is necessary in order to ensure sufficient time to make the necessary arrangements. Please note the following deadlines for submitting completed forms to the Paul Menton Centre: November 1st for fall and fall/winter term courses, and March 7th for winter term courses.
Note: Students must fulfill the course requirements in order to achieve a passing grade. Failure to complete any of the course assignments will result in a grade of F. In order to write a deferred exam students must contact Registrarial Services of Public Affairs and Management. For general information on meeting course requirements, see the 2002/2003 regulations on line.
The general topics with the readings from the text are listed below. Adjustments in what we cover may occur as we proceed. Class lectures and discussions will give guidance as to the relative importance of different subjects. The classes will combine lectures and discussions of problems.
The text is Hal R. Varian, Microeconomic Analysis, 3rd edition, Norton, 1992.
Topics and readings:
1. Production, technology, cost and supply
3. Interactions between economic agents:
5. Externalities: definition, property rights and Coase, compensation mechanisms: V: 24.