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CSU UST 300 - Syllabus

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SYLLABUS URBAN STUDIES 300 ECONOMICS OF POLICY ANALYSIS Spring Semester, 2007 Professor: Dr. Larry Ledebur Class: Tuesday and Thursday 1:00-2:50 PM Office Hours: Tuesday and Thursday 3:00-5:00, Wednesdays 4:00-6:00 PM and by appointment Office: Urban 307 Phone: 216-687-4551 Email: [email protected] Course Description: This course is an introduction to microeconomics and public policy. Microeconomics is the study of how households and firms make decisions and interact in the market place. The course is designed to build the analytical tools of microeconomics and apply them to major public policy issues such as the minimum wage, rent controls, income distribution, taxes, tariffs, pollution, public goods, price discrimination, and traffic congestion. In this course, you will develop a basic understanding of microeconomic theory and the way it is applied to policy issues. The goal of the course is to help students understand the basics of how economists think about behavior, outcomes and markets, and how they approach policy analysis. Required Text: N. Gregory Mankiw, Principles of Microeconomics Accessing Lectures and Supplemental Materials. Lectures can be accessed on the College’s N drive using the following instructions. Open your web browser. Type in the following as the web address ftp://urban.csuohio.edu/utility. Click on the UST 300 folder. You will need to have the PowerPoint application to open the lectures. You can save materials to your hard drive if you wish or simply print out the presentation. Evaluation: First Exam February 8 22% Second Exam February 27 22% Third Exam March 27 22% Fourth Exam April 19 22% Final Exam May 8 24% Class Attendance and Participation 10% The lowest grade on the first four exams will be excluded from the calculation of the final average. Policies: Students are expected to attend class and take exams at the scheduled times. The material discussed in class will be covered on the exams. Attendance is important. One point will be deducted from the final grade for each class module missed and an additional point for not participating in the discussion. Missing five class modules, therefore, will result in a deduction of ten points in the final grade. Cell Phones: Do not leave your cell phones on during class period. If there is an emergency requiring you to do so, you must inform the instructor prior to class.ASSIGNMENTS January 16 Preface: To the Student January 18 Chapter 1: Ten Principles of Economics January 23 Chapter 2: Thinking Like an Economist January 25 Chapter 4: The Market Forces of Supply and Demand January 30 Chapter 5: Elasticity and Its Application February 1 Chapter 6: Supply, Demand, and Government Policies February 6 Chapter 7: Consumers, Producers, & the Efficiency of Markets February 8 Exam February 13 Chapter 8: Application: The Costs of Taxation February 15 Chapter 10: Externalities February 20 Chapter 11: Public Goods and Common Resources February 22 Chapter 12: The Design of the Tax System February 27 Exam March 1 Chapter 13: The Costs of Production March 6 Chapter 14: Firms in Competitive Markets March 8 Chapter 15: Monopoly March 13 Spring Break March 15 Spring Break March 20 Chapter 16: Oligopoly March 22 Chapter 17: Monopolistic Competition March 27 Exam March 29 Chapter 18: The Market for Factors of Production April 3 Chapter 19: Earnings and Discrimination April 5 Chapter 20: The Distribution of Income April 10 Chapter 21: The Theory of Consumer Choice April 12 Chapter 22: Frontiers of Microeconomics April 17 Exam April 19 Chapter 9: Application: International Trade April 24 Globalization: Distributed Materials April 26 No Class May 1 Introduction to Urban Economics: No assignment May 3 Review May 8 Final


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CSU UST 300 - Syllabus

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