Website: www.econ.rochester.edu/eco108_ec
Office: 230 Harkness Hall
Phone: 275-0093
Office Hours: Tuesday 11-12 and Thursday 1-2
Text: Introduction to Economics, Stockman

1. ATTENDANCE:
   
   You are responsible for all information that is given out in class. If you miss a class, get notes from a classmate. I do not give out my class notes. There will not be class on March 9, March 11, and April 8.

2. GRADING:
   
   

   Midterm 1	25%
   Midterm 2	25%
   Final Exam	50%

3. EXAMS:
   
   There will be two midterm exams. They are scheduled for February 18 and March 30, in Lower Strong Auditorium. There will be no makeups for the midterm exams. Under extenuating circumstances, which must be verifiable, I will allow the final exam to count as 75% of your grade. These cases must be cleared with me PRIOR to the exam. The final exam is cumulative and will be May 6, 4-7pm, location to be announced at a later date. Under extenuating circumstances, which must be verifiable, there will be a make up final scheduled following the end of the semester. In these cases you must talk to me PRIOR to the final exam to obtain an incomplete for the course. Once the make up exam is taken, a grade will be given.
   
4. HOMEWORK:
   
   There are 11 homework assignments. These homeworks are posted on the course website. They are not required, but will be discussed in the weekly recitation sections. My exams are similar to my assignments, so it is in your best interest to do them.
   
5. TEACHING ASSISTANTS AND RECITATIONS:
   
   Teaching assistant office hours and recitation sections will be available on the website as soon as I get them. I encourage you to attend the weekly recitations where the homeworks will be discussed in an informal manner. If you are struggling with any of the material in the class, this is the first place to go for help. The teaching assistants will also be available for office hours throughout the week.
   
6. COURSE OUTLINE:
   
   

   Intro to Microeconomics
   Issues and Methods	Chapter 1 and 2
   Let's Make a Deal: The Gains from Trade	Chapter 3 and Appendix
   Supply and Demand	Chapter 4
   Choices and Demand	Chapter 10 and Appendices
   Elasticities of Demand and Supply	Chapter 5
   Price Controls and Taxes	Chapter 8
   Business Decisions and Supply	Chapters 11 and 12
   Economic Efficiency and Gains from Trade	Chapter 9
   Perfect Competition	Chapter 13
   Monopoly	Chapter 14
   Monopolistic Competition and Oligopoly	Chapters 15 and 16
   Game Theory	Chapter 17
   Intro to Macroeconomics
   Macroeconomic Issues and Measurement	Chapter 5
   Simple Economic Models of GDP and Prices	Chapter 6
   Interest Rates, Savings and Investment	Chapter 7
   Economic Growth	Chapter 8
   Inflation	Chapter 9

   This is a rough outline of what we will be covering in this class. Some things we will discuss in class will not be in the book and some things in the book will not be discussed in class. It is important that you do the reading and attend lectures.