Fall 2016 Course Syllabi

Dakota College at Bottineau Course Syllabus

Course Prefix/Number/Title:

ECON 201 - Principles of Microeconomics

Number of credits:

Course Description:

This course studies the nature, method and scope of economic analysis; economic scarcity, resources,

specialization of labor; supply-demand analysis; production and cost analysis; product and resource

market structures; distribution of income; international trade.

This class is designed as an introduction to microeconomics. Economics, in general, refers to how society

manages its limited resources. In this course, student will focus on the study of microeconomics, which

seeks to understand how households and firms make decisions and how they interact in markets.

Pre-/Co-requisites:

None

Course objectives:

Students will:

Define key concepts in the field of economics.

Demonstrate an understanding of basic microeconomic principles, including a general

understanding of the history of economics, how markers work, and the decisions and

interactions that go into the public sector.

Apply concepts learned in class to different scenarios (both in class, and within their own

lives).

Instructor:

Don Thompson

Office & Hours:

Arts & Humanities/Social Science Conference area by appointment

Phone:

announced in class

Email:

don.thompson@dakotacollege.edu

Lecture/Lab Schedule:

MWF

2:00 – 3:40

Textbook(s):

Mankiw, N. G. (2012).

Principles of Miroeconomics,

Ed. Mason, OH: South-Western Cengage

Learning.