Ed.) - Toronto: Mcgraw-Hill Ryerson

COURSE OUTLINE
TERM: FALL 2018 COURSE NO: ECON 111

INSTRUCTOR: COURSE TITLE: PRINCIPLES OF MICROECONOMIC THEORY
OFFICE: LOCAL: SECTION NO(S): CREDITS: 3
E-MAIL: @capilanou.ca
OFFICE HOURS:
COURSE WEBSITE: http://moodle.capilanou.ca
Capilano University acknowledges with respect the Lil’wat, Musqueam, Squamish, Sechelt, and Tsleil-
Waututh people on whose territories our campuses are located.
COURSE FORMAT
Three hours of class time, plus an additional hour delivered through on-line or other activities for a
15-week semester, which includes two weeks for final exams.
COURSE PREREQUISITES/CO-REQUISITES
None.
CALENDAR DESCRIPTION
This course presents a study of the theoretical constructs of consumer behaviour and the operation
of business firms in the market economy under conditions of perfect competition, oligopoly,
monopoly and monopolistic competition. Included is an evaluation of these different markets.
COURSE NOTE
ECON 111 is an approved Self and Society course for Cap Core requirements.
ECON 111 is an approved Quantitative/Analytical course for baccalaureate degrees.
REQUIRED TEXTS AND/OR RESOURCES

Sayre, J., & Morris, A. (2018). Principles of microeconomics (9th ed.). Toronto: McGraw-Hill Ryerson.
COURSE STUDENT LEARNING OUTCOMES

On successful completion of this course, students will be able to do the following:
 Articulate the main themes and ideas of microeconomic theory.
 Identify the concepts of demand and supply and the different ways in which they are
expressed.
 Identify how markets work and operate under different market structures.
 Explain the causes and the implications of market failures and the role of government under
these conditions.
 Explain the theory of trade and examine the Free Trade/Protection debate.
 Apply microeconomic reasoning to understand current events.
ECON 111 Outline Page 2
Students who complete this Self and Society course will be able to do the following:
 Identify potential root causes of local/global problems and how they affect local/global
cultures, economies, politics, and policies.
 Assess and evaluate individual and collective responsibilities within a diverse and
interconnected global society.
 Apply concepts of sustainable development to address sustainability challenges in a global
context.
 Explain how contexts (e.g. cultural, historical, colonial, economic, technological) shape identity
formation and social structures.
COURSE CONTENT
WEEK CONTENT
1 Scarcity, Opportunity Cost and Production Possibilities Curve
2-3 Demand and Supply
4 Elasticity
5 Consumer Demand
6-7 Production, Cost in the Short Run, Long Run
8-9 Perfect Competition
10 Evaluation of Competitive Markets
11 Monopoly
12 Imperfect Competition
13 International Trade
14 - 15 Final Exam Period
EVALUATION PROFILE
Assignments 10 - 30%
Quizzes 10 - 20%
Midterm exam 20 - 30%
Final exam* 35%
100%
*The final exam is comprehensive
GRADING PROFILE
A+ = 90-100 B+ = 77-79 C+ = 67-69 D = 50-59

A = 85-89 B = 73-76 C = 63-66 F = 0-49
A- = 80-84 B- = 70-72 C- = 60-62
Incomplete Grades
Grades of Incomplete “I” are assigned only in exceptional circumstances when a student requests
extra time to complete their coursework. Such agreements are made only at the request of the
student, who is responsible to determine from the instructor the outstanding requirements of the
course.
Late Assignments
Assignments are due at the beginning of the class on the due date listed. If you anticipate handing in
an assignment late, please consult with your instructor beforehand.
Missed Exams/Quizzes/Labs etc.

Make-up exams, quizzes and/or tests are given at the discretion of the instructor. They are generally
given only in medical emergencies or severe personal crises. Some missed labs or other activities may
not be able to be accommodated. Please consult with your instructor.
Attendance
Students are expected to attend all classes and associated activities.
English Usage
Students are expected to proofread all written work for any grammatical, spelling and stylistic errors.
Instructors may deduct marks for incorrect grammar and spelling in written assignments.
Electronic Devices
Students may use electronic devices during class for note-taking only.
On-line Communication
Outside of the classroom, instructors will (if necessary) communicate with students using either their
official Capilano University email or Moodle; please check both regularly. Official communication
between Capilano University and students is delivered to students’ Capilano University email
addresses only.
UNIVERSITY OPERATIONAL DETAILS
Tools for Success

Many services are available to support student success for Capilano University students. A central
navigation point for all services can be found at: http://www.capilanou.ca/services/
Capilano University Security: download the CapU Mobile Safety App
Policy Statement (S2009-06)

Capilano University has policies on Academic Appeals (including appeal of final grade), Student
Conduct, Cheating and Plagiarism, Academic Probation and other educational issues. These and other
policies are available on the University website.
Academic Integrity (S2017-05)

Any instance of academic dishonesty or breach of the standards of academic integrity is serious and
students will be held accountable for their actions, whether acting alone or in a group. See policy
S2017-05 for more information: http://www.capilanou.ca/about/governance/policies/Policies/
Violations of academic integrity, including dishonesty in assignments, examinations, or other

academic performances, are prohibited and will be handled in accordance with the Student Academic
Integrity Procedures.
Academic dishonesty is any act that breaches one or more of the principles of academic integrity.
Acts of academic dishonesty may include but are not limited to the following types:
Cheating: Using or providing unauthorized aids, assistance or materials while preparing or

completing assessments, or when completing practical work (in clinical, practicum, or lab
settings), including but not limited to the following:
 Copying or attempting to copy the work of another during an assessment;
 Communicating work to another student during an examination;
 Using unauthorized aids, notes, or electronic devices or means during an examination;
 Unauthorized possession of an assessment or answer key; and/or,
 Submitting of a substantially similar assessment by two or more students, except in the
case where such submission is specifically authorized by the instructor.
Fraud: Creation or use of falsified documents.
Misuse or misrepresentation of sources: Presenting source material in such a way as to distort its
original purpose or implication(s); misattributing words, ideas, etc. to someone other than the
original source; misrepresenting or manipulating research findings or data; and/or suppressing
aspects of findings or data in order to present conclusions in a light other than the research, taken
as a whole, would support.
Plagiarism: Presenting or submitting, as one’s own work, the research, words, ideas, artistic
imagery, arguments, calculations, illustrations, or diagrams of another person or persons without
explicit or accurate citation or credit.
Self-Plagiarism: Submitting one’s own work for credit in more than one course without the
permission of the instructors, or re-submitting work, in whole or in part, for which credit has
already been granted without permission of the instructors.
Prohibited Conduct: The following are examples of other conduct specifically prohibited:
 Taking unauthorized possession of the work of another student (for example, intercepting
and removing such work from a photocopier or printer, or collecting the graded work of
another student from a stack of papers);
 Falsifying one’s own and/or other students’ attendance in a course;
 Impersonating or allowing the impersonation of an individual;
 Modifying a graded assessment then submitting it for re-grading; or,
 Assisting or attempting to assist another person to commit any breach of academic
integrity.
Sexual Violence and Misconduct
All Members of the University Community have the right to work, teach and study in an environment
that is free from all forms of sexual violence and misconduct. Policy B401 defines sexual assault as
follows:
Sexual assault is any form of sexual contact that occurs without ongoing and freely given
consent, including the threat of sexual contact without consent. Sexual assault can be
committed by a stranger, someone known to the survivor or an intimate partner.
Safety and security at the University are a priority and any form of sexual violence and misconduct
will not be tolerated or condoned. The University expects all Students and Members of the University
Community to abide by all laws and University policies, including B.401 Sexual Violence and
Misconduct Policy and B.401.1 Sexual Violence and Misconduct Procedure.
Emergencies: Students are expected to familiarise themselves with the emergency policies where
appropriate and the emergency procedures posted on the wall of the classroom.
DEPARTMENT OR PROGRAM OPERATIONAL DETAILS
Calculators: The use of programmable calculators will not be allowed in any quizzes and exams.

Ed.) - Toronto: Mcgraw-Hill Ryerson

Uploaded by

Copyright:

Available Formats

Ed.) - Toronto: Mcgraw-Hill Ryerson

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Ed.) - Toronto: Mcgraw-Hill Ryerson

Uploaded by

Copyright:

Available Formats

COURSE OUTLINE

TERM: FALL 2018 COURSE NO: ECON 111

REQUIRED TEXTS AND/OR RESOURCES

COURSE STUDENT LEARNING OUTCOMES

*The final exam is comprehensive

A+ = 90-100 B+ = 77-79 C+ = 67-69 D = 50-59

Missed Exams/Quizzes/Labs etc.

UNIVERSITY OPERATIONAL DETAILS

Tools for Success

Capilano University Security: download the CapU Mobile Safety App

Policy Statement (S2009-06)

Academic Integrity (S2017-05)

Violations of academic integrity, including dishonesty in assignments, examinations, or other

Cheating: Using or providing unauthorized aids, assistance or materials while preparing or

Fraud: Creation or use of falsified documents.

Sexual Violence and Misconduct

DEPARTMENT OR PROGRAM OPERATIONAL DETAILS

You might also like