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Principles of Microeconomics

Principles of Microeconomics. Bonnie Palifka. Outline. Who am I? The course The rules Grades Who are you?. Who am I?. I grew up in New Hampshire B.A.: University of Vermont Economics Latin American Studies M.S.: University of Texas at Austin Economic History Economic Development.

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Principles of Microeconomics

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  1. Principles of Microeconomics Bonnie Palifka

  2. Outline • Who am I? • The course • The rules • Grades • Who are you?

  3. Who am I? • I grew up in New Hampshire • B.A.: University of Vermont • Economics • Latin American Studies • M.S.: University of Texas at Austin • Economic History • Economic Development

  4. Who am I? • Ph.D.: University of Texas at Austin • Economics of Latin America • Labor Economics • I have taught at the Tec since Fall 1998. • I have taught this course here and at the University of Texas at Austin.

  5. Who am I? • Please call me • Dr. Palifka • Professor (Palifka) • Bonnie • Please do not call me • teacher • miss

  6. Who am I? • e-mail: bonnie@itesm.mx • Office: DAF 232 • Office hours: • Mondays and Wednesdays, 10:00 - 12:00 • at other times by appointment only

  7. The course • We will explore how economics influences our lives. For example, economics helps to explain: • Why does a ticket to the Superbowl cost more than one to a Clásico? • Are teen-agers rational? • Why do people pay more for a (insert brand name here) T-shirt than for a comparable T-shirt of a less prestigious name? • What role can or should the government play in the economy?

  8. The course • The course syllabus is available at: homepages.mty.itesm.mx/bpalifka/micro.htm • also on BlackBoard

  9. The rules • RESPECT • Arrive on time. • Stay until the end of class. • Do not speak out of turn. • Do not connect to the Internet without permission. • Turn cell phones off when you enter the classroom.

  10. The rules • Turn in homework on time. • Be honest. • Be responsible.

  11. Grades • 45% three midterms • 30% final exam • 10% quizzes • 15% homework • 5% at-the-board participation

  12. Grades • You will receive a grade of DA if you • commit plagiarism • copy on a quiz • copy on a midterm • copy on a final exam • copy on a homework assignment (even if it is for another class)

  13. Grades • You will receive a grade of DA if you • allow your work to be copied • have a cheat sheet among the belongings on your desk during an exam • commit any other academically dishonest act

  14. For next time • Buy the textbook (Microeconomics, Michael Parkin, 7th edition) • Read Chapter 1.

  15. For next time • Come to class with answers to the following questions: • What is the main economic problem? • What are the big economic questions? • Think about every-day examples of these concepts.

  16. Who are you? • survey

  17. Welcome! I hope you enjoy the course and learn a lot from it.

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