Spring 2020 Course Syllabus Course: ECON-2302- Section: 2D Principles of Microeconomics

Instructor Information
Instructor	Warren Bilotta
E-mail	bilottawa@lamarpa.edu
Phone	(409) 984-6418
Office	Location: Industrial Technology - Room: 201A Hours: MWF 11:00-1:00, T 9:25-9:45, 11:25-11:45, 1:20-2:15, th 9:25-9:50,12:25, 1:20-2:30
Department	Business and Industrial Technology Chair: Sheila Guillot E-mail: guillsr@lamarpa.edu Phone: (409) 984-6381 If you have a grievance, complaint, or concern about this course that has not been resolved through discussion with the Instructor, please consult the Department Chair.
Course Information
Description	Analysis of the behavior of individual economic agents, including consumer behavior and demand, producer behavior and supply, price and output decisions by firms under various market structures, factor markets, market failures, and international trade.
Prerequisites	Pass TSI Completed Reading.
Learning Outcomes	In support of this goal, the following Learning Outcomes are expected: Learning Outcome 1: Students will demonstrate the ability to understand theories in microeconomics and its applications. Learning Outcome 2: Students will demonstrate understanding of the roles of economic theories and institutions in policy formation.
Core Objectives	Students will demonstrate understanding of basic mathematical skills and quantitative methods used by economists. Students will perform basic mathematical manipulations, display facility with the use of mathematics in framing concepts for mathematical analysis and interpret data intelligently.
Program Student Learning Outcomes
Textbooks	Textbook Purchasing Statement: A student attending Lamar State College Port Arthur is not under any obligation to purchase a textbook from the college-affiliated bookstore. The same textbook may also be available from an independent retailer, including an online retailer. MICRO ECON 5-W/ACCESS REQUIRED |ByMCEACHERN EDITION: 5TH 17 PUBLISHER: CENGAGE L ISBN: 9781305631946
Lecture Topics Outline	1. Introduction to Economics 2. Introduction to the Market System 3. Market Structure and Pricing 4. Resource Markets 5. Market Failure and Public Policy 6. International Economics
Major Assignments Schedule	Tentative Course Schedule: Week 1 01/22 - 01/24 chapter 1 The Art and Science of Economic Analysis Week 2 01/27 - 01/31 chapter 2Economic Tools and Economic Systems Week 3: 02/03 - 02/07 chapter 3 Economic Decision Makers Week 4: 02/10 - 02/12 chapter 4Demand, Supply, and Markets Friday, 02/14 Exam 1 Week 5: 02/17 - 02/21 chapter 5 Elasticiy of Demand and Supply Week 6: 02/24 - 02/28 chapter 6 Consumer Choice and Demand Week 7: 03/02 - 03/06 chapter 7 Production and the Cost of the Firm 03/13 NO CLASS; SPRING BREAK!! Week 8: 03/16 - 03/18 chapter 7 Production and the Cost of the Firm. Friday, 03/20 Exam 2. Week 9: 03/23 - 03/27 chapter 8 Perfect Competition Week 10: 03/30 - 04/03 chapter 9 Monopoly Week 11: 04/06 - 04/04/10 chapter 10 Monopolist Competition and Oligopoly Week 12: 04/13 -04/15 chapter 10 Monopolist Competition and Oligopoly continued. 04/17 Exam 3. Week 13: 04/20 - 04/24 chapter 11 Resource Markets Week 14: 04/27 - 05/01 chapter 14 Transaction Costs, Asymmetric Information, and Behavioral Economics. Week 15: 05/04 - 05/05 chapter 19 International Trade COMPREHINSIVE FINAL EXAM: WEDNESDAY MAY 13 8:00 - 10:00.
Final Exam Date	May 13, 2020 - 8:00 AM   Through  May 13, 2020 - 10:00 AM
Grading Scale	Grading Scale: 90 ? 100: A 80 ? 90: B 70 ? 79: C 60 ? 69: D 60 and below: F. Adjustments may be made to the grading scale if necessary.
Determination of Final Grade	Course outline: The class will consist of 15 weeks of lecture, and one week of final exams. Each of the three midterm exams will be worth 25% of the student?s grade. The COMPREHENSIVE FINAL EXAM will be worth 30% of the student?s grade. NO MAKE UP EXAMS WILL BE GIVEN FOR MIDTERM EXAMS UNDER ANY CONDITIONS!!! TEXT MESSAGES ARE NOT PERMITTED DURING EXAMS. If a student misses a midterm exam, those points will be added to the weight of the final exam. For example, if a student misses exam 1, the final exam will now be worth 55 % of the student?s grade. If a student misses the final exam, the student will be given a grade of 0 for the final exam. Students may use personal notes or class handouts on exams. If a student decides to take the exam without notes or handouts BEFORE the exam begins, the instructor will add 10 points to the student?s exam grade. BOOKS AND WORKBOOKS OF ANY KIND ARE NOT PERMITTED FOR EXAMS!! Translation guides may be used for non English speaking students with the permission of the instructor. Calculators are permitted for exams, and any type of computer equipment IS NOT PERMITTED FOR EXAMS. CELL PHONES MAY NOT BE USED AS CALCULATORS. Of course, the use of any other intelligent life forms MAY NOT be used to assist students during exams. Midterm exams will be limited to 1 hour and 15 minutes. The final exam will be limited to 2 hours and 30 minutes. Exams will consist of two sections. Section 1 will be problem solving and/or essay questions. Section 2 will be multiple choice. PLEASE READ THE INSTRUCTIONS BEFORE STARTING ANY EXAM!! Students can appeal midterm exam grades presented in writing to the instructor prior to taking the next midterm exam. The instructor will re-grade the entire exam. The instructor may agree with the student, and add points to the exam grade, deny the appeal and add no points to the exam grade, or find points that should have been deducted from the initial grading, and deduct those points from the student?s exam grade. The same policy applies to final exam grades, with the appeal being made by the end of the following semester including summer semester.
Course Policies
Instructor Policies	I will not discuss your grades over the phone or by email. If you want to discuss your grades, you must come to my office, in person. The 24 hour rule: The instructor will NOT answer any questions 24 hours prior to the start of any exam. The instructor will NOT discuss any exam material until 24 hours after the student receives a graded exam.
Attendance Policy	Attendance is highly recommended due to the analytical nature of the material covered in this course.
Academic Honesty	Academic honesty is expected from all students, and dishonesty in any form will not be tolerated. Please consult the LSC-PA policies (Section IX, subsection A, in the Faculty Handbook) for consequences of academic dishonesty.
Facility Policies	No food or tobacco products are allowed in the classroom. Only students enrolled in the course are allowed in the classroom, except by special instructor permission. Use of electronic devices is prohibited.
Important Information
ADA Considerations	The Americans with Disabilities Act (ADA) is a federal anti-discrimination statute that provides comprehensive civil rights for persons with disabilities. Among other things, this legislation requires that all students with disabilities be guaranteed a learning environment that provides for reasonable accommodation of their disabilities. If you believe you have a disability requiring an accommodation, please contact the the Office for Disability Services Coordinator, Room 231, in the Madison Monroe Building. The phone number is (409) 984-6241.
MyLamarPA	Be sure to check your campus E-mail and Course Homepage using MyLamarPA campus web portal (My.LamarPA.edu). When you've logged in, click the email icon in the upper right-hand corner to check email, or click on the "My Courses" tab to get to your Course Homepage. Click the link to your course and review the information presented. It is important that you check your email and Course Homepage regularly. You can also access your grades, transcripts, and determine who your academic advisor is by using MyLamarPA.
Other	I will not discuss your grades over the phone or by email. If you want to discuss your grades, you must come to my office in person.
HB 2504	This syllabus is part of LSC-PA's efforts to comply with Texas House Bill 2504.