ECN5402, Advanced Microeconomic Theory

Dr. Ali R. Moshtagh

Department of Economics

2371 Coleman Hall

(217) 581 - 2916

amoshtagh@eiu.edu

OFFICE HOURS: 2:00 pm - 3:30 pm M W F

Course Description:

A development of value and distribution theories. Detailed analysis of the reactions of consuming and producing units.

LEARNING OBJECTIVES:

The following outlines learning goals primarily acquired in this course. Students learn to

COVID-19 Practices & Expectations on EIU’s Campus

The University is asking all of us to take precautions to prevent the spread of COVID-19, including wearing face coverings when we are in class together, walking around campus, in the library, or participating in office hours. EIU’s policy is intended to protect all of us on campus, as well as the community, your roommates, and loved ones at home. Additionally, students are expected to not attend class if they are ill and to consult the student health clinic if they have any COVID-19 like symptoms. Needless to say, EIU’s COVID-19 campus practices including face coverings, avoiding campus if sick, sanitizing surfaces, social distancing, and hand washing are based on the best available public health guidance. As a faculty member, I am responsible for ensuring students engage in practices that reduce risk. If you have a health condition that prevents you from wearing a mask, please contact Student Disability Services. If you are unable to follow EIU’s COVID-19 guidelines, you may be asked to leave class or office hours as compliance with public health guidance is essential. Accommodations for instruction and make-up work will be made for students with documented medical absences according to IGP #43. 

Course Outline

1. Introduction:

2. Choice and Demand:

3. Production and Supply:

4. Perfect Competition:

5. Models of Imperfect Competition:

6. Pricing in Input Markets:

Grade Policy:

Your grades will be based on the accumulated total of your scores on the following:

Mid-Term Exam 100 Points, March 3 (Tentative)

Final Exam 100 Points, Monday, May 2, 10:15 am - 12:15 pm

Assignments: 50 Points

Term Paper 50 Points

NOTE 1:

No exam grades will be eliminated. No exams will be made up unless arrangements have been made PRIOR TO THE SCHEDULED EXAM DATE. Messages left on my voice mail will not be considered as proper arrangements.

NOTE 2:

Academic integrity - Students are expected to maintain principles of academic integrity and conduct as defined in EIU's Code of Conduct (http://www.eiu.edu/judicial/studentconductcode.hph). Violations will be reported to the Office of Student Standards.

NOTE 3:

Students with disabilities - If you are a student with a documented disability in need of accommodations to fully participate in this class, please contact the Office of Student Disability Services (OSDS). All accommodations must be approved through OSDS. Please stop by McAfee Gym, Room 1210, or call 217-581-6583.

NOTE 4:

The Student Success Center - Students who are having difficulty achieving their academic goals are encouraged to contact the Student Success Center (http;//www.eiu.edu/~success) for assistance with time management, test taking, note taking, avoiding procrastination, setting goals, and other skills to support academic achievement. The Student Success Center provides individualized consultation.

NOTE 5:

"Each faculty member has the authority to establish the conditions for student cell phone use in his/her classroom. These conditions are at the discretion of the faculty member, but will provide that a university-initiated campus security text message can be received and disseminated to those in the classroom in a timly manner." Eastern position on cell phones in classrooms.

My position on cell phones: there is absolutely NO TEXTING allowed in class, you may NOT hold your cell phones in your hands in class, and you may NOT use your cell phones as calculators during exams.

SPECIAL DATES IN THE SPRING TERM 2022  CALENDAR

Classes Begin: January 10, 2022

M.L. King's Brithday Observance-No Classes: January 17

Last Day to Drop a Course With No Grade: January 24

W for Course Withdrawal Beings: January 25

Lincoln's Birthday Observance-No Classes: February 1 1

Mid Term: March 3

Spring Break: March 14 - 18

Last Day to Withdraw from a Course or University with W: April1

Last Class Day: April 29

Final Examinations: May 2 - 6

Deadline to Return Books/TRS/No Fine 3 p.m. May 6

Commencement: May 7