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Eco 101 Principles of Microeconomics. Section 830 MWF 11:30- 12:25 Mahar 204 Welcome!. Dr. Liz Dunne Schmitt Dr. Liz Dr. Schmitt 431 Mahar x3455 edunne@oswego.edu Office hours: MW 10 -11:20, T 11:15-12:15 and by appt. Today. Syllabus Intro to economics. What will we be studying?.

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eco 101 principles of microeconomics
Eco 101 Principles of Microeconomics

Section 830

MWF 11:30- 12:25

Mahar 204

Welcome!

slide2
Dr. Liz Dunne Schmitt
    • Dr. Liz
    • Dr. Schmitt
  • 431 Mahar
  • x3455
  • edunne@oswego.edu
  • Office hours:
  • MW 10 -11:20, T 11:15-12:15 and by appt.
today
Today
  • Syllabus
  • Intro to economics
what will we be studying
What will we be studying?

Eco 101 is the first economic theory course

  • basic foundation of economics
  • tools of discipline
look at
Look at
  • buyer and seller behavior (markets)
  • role of government in markets
  • consumer choice
  • producer behavior
  • determinants of income and poverty
course materials
Course Materials

Required:

Intro to Microeconomics (2e)

Edwin G. Dolan

in both bookstores

($24 new)

recommended
Recommended

course web site

  • URL at top of the syllabus
  • contains
    • course information
    • lecture notes
    • exam study guides
    • homeworks & answer keys
lecture notes
lecture notes
  • Powerpoint slides
  • You can print them 3-6 to a page
email list
Email list
  • I send email about
    • Grades
    • Announcements
    • Course information
  • I only use Oswego email address
slide16
if you use another email address
    • forward your campus email to the account you use
    • link to email forwarding on the course web page
eco 101 tutor
Eco 101 tutor
  • hours TBA
  • but please see me too!
grading policy
Grading Policy

500 points total:

  • 3 exams during the semester

(100 pts. each)

  • final exam (100 pts.)
  • 6 homeworks

(20 pts. each, lowest dropped)

  • extra credit (at least 10 pts.)
  • grading scale in the syllabus
exams 1 2 3
exams 1, 2, 3
  • multiple choice & short answers/problems
  • re-weighted at end of the semester
    • 10% on lowest score
    • 30% on highest score
final exam
final exam
  • cumulative
  • NOT re-weighted
how do i find out my grades
How do I find out my grades?
  • exams & homework handed back
  • Grades will NOT be posted outside my office
  • I will email exam scores using your campus email address
    • name@oswego.edu

No grades over the phone!

makeups
Makeups
  • planned absence: 1 week’s notice
  • emergencies: case-by-case
  • must be an excused absence!
  • must be documented!
  • makeups may be essay exams or I may reweight other exams
attendance
Attendance
  • regular attendance is expected
    • attendance is taken
  • you are responsible for information conveyed in class
  • attendance is necessary to earn extra credit
please be respectful of your classmates
Please be respectful of your classmates
  • be on time
  • do not talk during lecture
  • do not have your phone on
cheating
Cheating
  • you cheat, I catch you, you fail the course
  • I have the right to ask you to move seats prior to or during an exam
  • programmable calculators (e.g. TI-83),translators, phones, PDAs, etc.

are NOT allowed in exams

course schedule
Course Schedule
  • in syllabus
  • note exam dates, homework due dates
  • note the final exam date & time
tips for success
Tips for success
  • come to class with lecture notes to follow & augment
  • read the book!!
  • weekly “look-through”
  • ask for help (ME or the tutor or ME)
  • use available resources
    • course web site
why you should try to learn something in this course
Why you should try to learn something in this course.

Percentage of wage dispersion explained by skill factors.

Huge variation in

earnings of low vs.

high-skilled

college graduates

i know this course is not easy for many students
I know this course is not easy for many students
  • Worthwhile things seldom are.
  • We all learn and grow when we are challenged.
  • If you are struggling, use the resources available for help.
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if you need special accommodations, see me
  • if you are having problems in the course, see me sooner NOT later
my professional obligations
My professional obligations
  • Punctuality
  • Availability outside of class
    • Office hours, appt., voicemail, email
  • Timely, detailed feedback
  • Transparent grading
  • Professional conduct
  • Mastery of content