PRINCIPLES OF ECONOMICS II (MICRO)
COURSE SYMBOL AND NUMBER
Principles of Economics II
SEMESTER COURSE BEING
Fall I, 2004
FACULTY MEMBER AND TITLE
Keith Moore – Assoc.
Professor of Economics
Park Downtown Campus
Kansas City, MO 64105
OFFICE HOURS -
OFFICE TELEPHONE NUMBER
FACULTY PARK EMAIL
ADDRESS/ ALTERNATE EMAIL ADDRESS
DATES OF THE TERM
August 23 – Oct. 17, 2004
Wednesdays, 5:30 PM
3 credit hours
The mission of Park University, an
entrepreneurial institution of learning, is to provide access to academic
excellence, which will prepare learners to think critically, communicate
effectively and engage in lifelong learning while serving a global community.
Park University will be a renowned international
leader in providing innovative educational opportunities for learners within the
A study of the market
mechanism and the organization of production and distribution activities in
society. A major focus is on the determination of prices of goods and factors of
production. Analysis of the firm as the main institution in the market.
The instructor’s educational
philosophy is based on the introduction of new ideas and concepts from the
textbook, various writings, and the web, and a development of those ideas
through lecture and dialogue. For certain more difficult ideas and concepts
there will be specific applications to enhance and clarify the students’
understanding and appreciation of same.
Macroeconomics, 15th Edition, by Campbell R. McConnell and Stanley L.
Brue. McGraw-Hill, 2002.
0-07-234036-3 (hardback only)
“Academic honesty is
required of all members of a learning community. Hence, Park will not tolerate
cheating or plagiarism on tests, examinations, papers or other course
assignments, Students who engage in such dishonesty may be given failing grades
or expelled from Park.”
“Plagiarism – the
appropriation or imitation of the language or ideas of another person and
presenting them as one’s original work – sometimes occurs through carelessness
or ignorance. Students who are uncertain about proper documentation of sources
should consult their instructors.”
Instructors are required to
keep attendance records and report absences. The instructor may excuse absences
for cogent reasons, but missed work must be made up within the term of
enrollment. Work missed through unexcused absences must also be made up within
the term of enrollment, but unexcused absences may carry further penalties. In
the event of two consecutive weeks of unexcused absences in a term of
enrollment, the student will be administratively withdrawn, resulting in a grade
of “F”. An Incomplete will not be issued to a student who has unexcused or
excessive absences recorded for a course. Students receiving Military Tuition
Assistance (TA) or Veterans Administration (VA) educational benefits must not
exceed three unexcused absences in the term of enrollment. Excessive absences
will be reported to the appropriate agency and may result in a monetary penalty
to the student. Reports of F grade (attendance or academic) resulting from
excessive absence for students receiving financial assistance from agencies not
mentioned above will be reported to the appropriate agency.
LATE SUBMISSION OF COURSE
The instructor will not
accept assignments late. Assignments not submitted on the due date will receive
a grade of “zero”.
Four projects, class
participation and final examination.
Park University is committed to
meeting the needs of all students that meet the criteria for special
assistance. These guidelines are designed to supply directions to students
concerning the information necessary to accomplish this goal. It is Park
University’s policy to comply fully with federal and state law, including
Section 504 of the Rehabilitation Act of 1973 and the American with Disabilities
Act of 1990, regarding students with disabilities and, to the extent of any
inconsistency between these guidelines and federal and/or state law, the
provisions of the law will apply. Additional information concerning Park
University’s policies and procedures related to disability can be found on the
Park University web page: www.park.edu/disability.
Aug. 6 - Introduction
Sep. 1 - Chapters 1, 2, 3 - Review of basic economic principles.
Sep. 8 - Chapters 20 and 21 - Elasticity and Marginal Utility. Take-home
Sep. 15 - Chapters 22 & 23 (first half) - Production and Short-run Costs
Sep. 22 - Chapters 23 (remaining) - Short-run and Long-run Costs
Sep. 29 - Second Examination
Oct. 6 - Chapter 24, 25 & 27 – Monopoly, Monopolistic Competition,
Oligopoly, Demand for Resources.
Oct. 13 - Third Examination