Spring 2008
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Course Overview
EconS 301 is a calculus-based intermediate microeconomic theory course for majors in economics, agricultural economics and management, agribusiness economics and management, and environmental and resource economics and management. It is also for other students interested in the mathematical foundations of economics and/or who want to use economics to address real-world problems.
Topics include the theory of choice and demand, production and supply, perfectly and imperfectly competitive markets. Special cases such as pricing in input markets, uncertainty, and externalities are also covered.
Students successfully completing the course demonstrate:
- An understanding of the fundamentals of microeconomic theory.
- Mastery of a core set of microeconomic concepts useful in analyzing supply, demand, market, and policy issues.
- Mastery of algebraic and calculus tools needed to analyze microeconomic issues when many relevant variables change concurrently.
- Ability to apply microeconomic concepts and related tools to unfamiliar real-world situations and to critically analyze the effects of alternative policy tools on market outcomes.
- Capacity to communicate the results of economic analysis in a clear and professional way.
- Prerequisite knowledge of microeconomic theory sufficient for all 300-400 level EconS courses.
Students with Disabilities: I am committed to providing assistance to help you be successful in this course. Reasonable accommodations are available for students with a documented disability. Please visit the Disability Resource Center (DRC) during the first two weeks of every semester to seek information or to qualify for accommodations. All accommodations MUST be approved through the DRC (Admin Annex Bldg), Room 205). Call 509-335-3417 to make an appointment with a disability counselor.
Instructor
Richard Shumway
203F Hulbert Hall
(509)335-1007
shumway@wsu.edu
Office hours: TTh 10:25-11:15am, or by appointment
Time and Place
Tues, Thurs, 9:10-10:25am
Hulbert 27
Jan 7--May 2
TA
Erin Ackers
205A Hulbert Hall
erin_ackers@wsu.edu
Office hours: T,Th 1-2pm or by appointment
Holi Weaver
205A Hulbert Hall
hweaver@wsu.edu
Office hours: M,W 3-4pm or by appointment
(email at least a day in advance for appointment)
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