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SYLLABUS URBAN STUDIES 300 ECONOMICS OF POLICY ANALYSIS Fall Semester, 2007 Professor: Dr. Larry Ledebur Class: Tuesdays 6:00-9:45 PM Office Hours: Tuesday and Thursday 3:00-5:00, 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, 4th Edition [Harcourt College Publishers, 2004]. Copies of the 2nd and 3rd editions may also be used. [Check Amazon.] 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 September 18 30% Second Exam October 16 30% Third Exam November 6 30% Final Exam December 11 30% Class Attendance and Participation 10% The lowest grade on the first three 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. Missing an evening class is equivalent to missing two class modules. 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 August 28 Preface: To the Student Chapter 1: Ten Principles of Economics September 4 Chapter 2: Thinking Like an Economist Chapter 4: The Market Forces of Supply and Demand September 11 Chapter 5: Elasticity and Its Application Chapter 6: Supply, Demand, and Government Policies September 18 Exam September 25 Chapter 8: Application: The Costs of Taxation Chapter 7: Consumers, Producers, & the Efficiency of Markets October 2 Chapter 10: Externalities Chapter 11: Public Goods and Common Resources October 9 Chapter 12: The Design of the Tax System Chapter 13: The Costs of Production October 16 Exam October 23 Chapter 14: Firms in Competitive Markets Chapter 15: Monopoly October 30 Chapter 16: Oligopoly Chapter 17: Monopolistic Competition November 6 Exam November 13 Chapter 18: The Market for Factors of Production Chapter 19: Earnings and Discrimination November 20 Chapter 20: The Distribution of Income Chapter 21: The Theory of Consumer Choice November 27 Chapter 9: Application: International Trade Globalization: Distributed Materials December 4 Review December 11 Final


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CSU UST 300 - SYLLABUS

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