ECON 1 - Principles of Microeconomics
Instructor: Gina Webster
Economic analysis of market systems price theory. Supply and demand analysis, marginal utility, elasticity, cost and revenue concepts, perfect and imperfect competition, international trade, pricing of the factors of production, poverty and income inequalities. Strongly recommended: English 1A eligibility and Math 65 and 65L. Prerequisite: Mathematics 54 or 55 or 55B or 55L or 55Y (completed with a grade of C or higher) or an appropriate skill level demonstrated through the mathematics assessment process.
The goal of this course is to teach you how to use the tools of microeconomics to understand the world around you. This course will prepare you for future coursework in economics and business, and most importantly, it will provide you with a basic framework for analyzing economic problems within the context of the business environment.
The emphasis will be placed on the development of analytical thinking and problem solving skills. In addition, you will have numerous opportunities to enhance your communication skills, and master your ability to work in a team.
To take this class, you must have daily access to a computer with an Internet connection and experience using a web browser. You will also need to utilize your college Zonemail account. Learn more about Zonemail.
Check the college catalog for CSU/UC transferability and to see if this course meets AA/AS degree requirements.
The instructor may drop students who miss the first meeting of a course. The first meeting of online or hybrid Distance Education courses is the first day of the class as specified in the class schedule listing. For these courses, instructors may drop students who do not log into their Blackboard course and/or complete indicated activities by the third day of classes. DE instructors may drop students if they have not submitted work and/or accessed the class for two consecutive weeks.
There might be an instructional materials fee associated with this course. Learn more about instructional materials fees.
This class begins Jan 19 and ends May 27.
There are no required on-campus meetings for this class. You can attend an OPTIONAL, on-campus orientation to Online Learning on Jan 13 from 1 - 2:30 pm or Jan 14 from 5:30 - 7 pm in Room 2410. A virtual session will be offered on the Internet on Jan 19 from 5:30-7 pm. Learn more about these orientations, which are NOT course-specific.
How This Class Operates
To complete class assignments, you will need to access an Internet website dedicated to students and professors of economics: Aplia. To use the site, you will have to open an account and register with Aplia (registration instructions will be made available on the first day of class).
The course will be broken down into 18 weekly sessions. Each session will start on a Monday and end on a Sunday.
During each weekly session, you will be required to complete the following tasks :
- Read the appropriate textbook Chapters;
- Review the accompanying study materials;
- Complete weekly graded assignments.
You will be required to complete a Research Project; you will choose a "real-world" microeconomic topic and research it in depth focusing on "the economics" of the issue. Your goal will be to identify the links between the microeconomic concepts and tools you learned in class and your topic. Based on your research you will prepare a PowerPoint Presentation, which you will share with your classmates.
How Students are Graded
Your overall grade in the class will be based on the following:
- Weekly graded assignment
- Research Project
- Final exam
Succeeding in an Online Course
Students who succeed in online courses tend to be independent, self-motivated learners with good computer skills. If you are a procrastinator who relies heavily on the instructor for motivation, can't use a computer too well, have taken less than 21 units of college credit in your lifetime, and/or have a grade-point-average under 2.0, you should probably consider enrolling in a face-to-face course instead.
Also, don't enroll in this class if you believe the myth that learning online requires less effort than learning face-to-face. This course covers the same content and has similar activities as the face-to-face version of the course; only the method of delivery changes.
LPC offers a tutorial called "Succeeding in an online course" that will not only tell you if you are a good fit for online learning, but it also offers many strategies -- among other pertinent information -- that will help you succeed online. Please complete the tutorial.
This course will use the Blackboard course management system as its virtual classroom. To learn how to log in to Blackboard, go to the Blackboard Login Procedures page. Once you enroll, you will not be able to log in until the first day of class.