Principles of Microeconomics Summer Semester 2023 Instructor: Amin Babazade (PhD) Office Hours: By appointment


Standard for academic honesty and penalties for infractions



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Principles of Microeconomics

Standard for academic honesty and penalties for infractions

Academic work always relies on other people’s work, and there are standards on how to do that while acknowledging those people. To understand what plagiarism is, see:


Purdue University’s “Avoiding Plagiarism” at

http://owl.english.purdue.edu/handouts/research/rplagiar.htm


Georgetown University’s “What is Plagiarism,” at “http://gervaseprograms.georgetown.edu/honor/system/53377.html” http://gervaseprograms.georgetown.edu/honor/system/53377.html


Indiana University’s “Plagiarism: What It Is and How To Recognize and Avoid It” at http://www.indiana.edu/~wts/pamphlets/plagiarism.shtml


At ADA University, if student found guilty of academic dishonesty first time, he or she would fail the course. If the case repeats again, student will be expelled for ADA University. For more information, please read Honor Code in detail.




Course Content



Week

Topic

Reading

1

Introduction to Economics;
Market System and Circular Flow

Mankiw (Chapter 2 –2.1; 2.2)
(Chapter 1 – optional) + other recommended literature

2

Demand, Supply, Market Equilibrium
(Elasticity, if time is left)

Mankiw (Chapter 4)
(Chapter 5) + other recommended literature

3

Utility Maximization. Theory of consumer choice.

Mankiw (Chapter 21- 21.1; 21.2; 21.3) + other recommended literature

Midterm Exam

4

Businesses and Cost of Production

Mankiw (Chapter 13) + other recommended literature

5

Pure Competition;
(Pure Monopoly, if time is left)

Mankiw (Chapter 14)
Mankiw (Chapter 15) + other recommended literature

Final Exam

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