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The Syllabi of The Course of
Microeconomics
Course number ： 12103
Constitutor Unit： School of Economics
Constitutor：
Xiao Lu
Time：
21/02/2016
The Second Semester
2015---2016 Academic Year
The Syllabi of The Course of Microeconomic
1. Description of The Course
The syllabi is based on the training plans for economic undergraduate in 2015
Microeconomics
Course
Course
character
Total Teaching
Hours
School giving
the course
Course number
A required course
48
School
Economics
of
12103
Calculous
Courses
studied
advance
in
Teaching
Hours
week
per
3
Xiao Lu
Instructor
Writer
Xiao Lu
Writing time
21/08/2016
Course Leader
Xiao Lu
Reviewer
Chen weidong
Textbook
Michael P.akin Economics
12th
edition, Boston San Francisco New York:, 2015.
The course is aimed at better enabling students to build the
economic way of thinking and go about seeking answers to two big
economic questions that are how do choices end up determining what,
how, and for whom goods and services are produced ? can the choices
that people make in the pursuit of their own self-interest also promote
Objective:
the broader social interest? After studying, students learn how to use the
economic toolkit to analyze their own decisions and understand the
events and issues they are confronted with in the media and the
complex economy.
Examinations
20% Presentation, coursework, class attendance, and seminar
30% Mid-term exam
50% the final exam
2.The Distribution of Teaching Hours
Chapter
Contents
The distribution of
teaching hours
teaching
Chapter 1
What
is
economics ?
1.1 Define economics and distinguish between
microeconomics and macroeconomics
1.2 Explain the two big questions of
economics
1.3 Explain the key ideas that define the
economic way of thinking
1.4 Explain how economists go about their
work as social scientists and policy advisers
3
Chapter
2 2.1 Define the production possibilities frontier
The economic and use it to calculate opportunity cost
2.2 Distinguish between production
problem
3
possibilities and preferences and describe an
efficient allocation of resources
2.3 Explain how current production choices
expand future production possibilities
2.4 Explain how specialization and trade
expand production possibilities
2.5 Describe the economic institutions that
coordinate decision
Chapter 3
Demand and
supply
Chapter4
Elasticity
3.1 Describe a competitive market and think
about a price as an opportunity cost
3.2 Explain the influences on demand
3.3 Explain the influences on supply
3.4 Explain how demand and supply
determine prices and quantities bought and
sold
3.5 Use the demand and supply model to
make predictions about changes in prices and
quantities
3
4.1 Define, calculate, and explain the
factors that influence the price elasticity of
demand
4.2 Define, calculate, and explain the
factors that influence the income elasticity
of demand and the cross elasticity of
demand
4.3 Define, calculate, and explain the
3
experiment
factors that influence the elasticity of
supply
Chapter5
5.1 Describe the alternative methods for
allocating scarce resources
5.2 Explain the connection between demand
and marginal benefit and define consumer
surplus; and explain the connection between
supply and marginal cost and define producer
surplus
5.3 Explain the conditions under which
markets are efficient and inefficient
5.4 Explain the main ideas about fairness and
evaluate claims that markets result in unfair
outcomes
3
6.1 Explain how rent ceilings create housing
shortages Explain the influences on demand
6.2 Explain how minimum wage laws create
unemployment
6.3 Explain the effects of a tax
6.4 Explain the effects of production quotas
and subsidies
6.5 Explain how markets for illegal goods
work
3
Chapter7
Global Markets
in Action
7.1 Explain how markets work with
international trade
7.2 Identify the gains from international trade
and its winners and losers
7.3 Explain the effects of international trade
barriers
7.4 Explain and evaluate arguments used to
justify restricting international trade
3
Chapter8
Utility and
Demand
8.1 Explain the limits to consumption
and describe preferences using the
concept of utility
8.2 Explain the marginal utility theory of
consumer choice
8.3 Use marginal utility theory to predict
the effects of changes in prices and
incomes and to explain the paradox of
value
Efficiency and
Equity
Chapter6
Government
Actions
Markets
in
3
8.4 Describe some new ways of
explaining consumer choices
Chapter9
Possibilities,
Preferences, and
Choices
9.1 Describe a household’s budget
line and show how it changes
when prices or income change
9.2 Use indifference curves to
map preferences and explain the
principle of diminishing marginal
rate of substitution
9.3 Predict the effects of changes
in prices and income on
consumption choices
3
10.1.
Distinguish between the short run
and the long run
10.2 Explain and illustrate a firm’s short-run
product curves
10.3 Explain and derive a firm’s short-run cost
curves
10.4 Explain and derive a firm’s long-run
average cost curve
6
Chapter 11
Perfect
competition
11.1Competition
11.2 The Firm’s Decisions in Perfect
Competition
11.3 Output, Price, and Profit in Perfect
Competition
11.4 Changing Tastes and Advancing
Technology
11.5 Competition and Efficiency
3
Chapter 12
Monopoly
12.1 Market Power
12.2 A Single-Price Monopoly’s Output and
Price Decision
12.3Single-Price Monopoly and Competition
Compared
12.4 Price Discrimination
12.5 Monopoly Policy Issues
3
13.1 Define and identify monopolistic
competition
13.2 Explain how a firm in monopolistic
competition determines its price and output in
the short run and the long run
13.3 Explain why advertising costs are high
6
Chapter 10
Output and costs
Chapter 13
Monopolistic
competition
and why firms in a monopolistic competition
use brand names
Chapter
Oligopoly
14
14.1 Define and identify oligopoly
14.2 Use game theory to explain how price
and output are determined in oligopoly
14.3 Use game theory to explain other
strategic decisions
14.4 Describe the antitrust laws that regulate
oligopoly
Total Teaching
Hours
3
48
任课教师有
权调整课时
3.Teaching objectives, emphasis and difficulties, contents in Unit
Contents
Chapter 1 What is economics ?
Chapter 2 The economic problem
Chapter 3 Demand and supply
Chapter 4
Chapter 5
Chapter 6
Chapter 7
Elasticity
Efficiency and Equity
Government Actions in Markets
Global Markets in Action
Chapter 8
Utility and demand
Chapter 9.
Possibilities, Preferences, and Choices
Chapter 10. Output and costs
Chapter 11
Perfect competition
Chapter 12
Chapter 13
Chapter 14
Monopoly
Monopolistic competition
Oligopoly
Chapter 1 What is Economics
【Objective】
After studying this chapter, Students will be able to
ideas that define the economic way of thinking
【Emphasis and Difficulties】
Scarcity opportunity cost
【Contents】
1.1 Definition of Economics
1.2 Three Big Microeconomic Questions
1.3 Three Big Macroeconomic Questions
Chapter 2 The economic problem
【Objective】
After studying this chapter, Students will be able to
ences and describe an efficient allocation
of resources
volved
【Emphasis and Difficulties】
Production Possibilities
【Contents】
2.1 Production Possibilities and Opportunity Cost
2.2 Using Resources Efficiently
2.3 Economic Growth
2.4 Gains from Trade
2.5 The Market Economy
Chapter 3
Demand and supply
【Objective】
After studying this chapter, Students will be able to
t changes in prices and quantities【Emphasis
and Difficulties】
Demand
Quantity Demanded
Market Equilibrium
【Contents】
3.1
3.2
3.3
3.4
Supply
Quantity supplied
Markets and Prices
Demand
Supply
Market Equilibrium
Chapter 4
Elasticity
【Objective】
After studying this chapter, Students will be able to
income elasticity of demand
【Emphasis and Difficulties】
Price Elasticity of Demand Elasticity of Supply
【Contents】
4.1 Price Elasticity of Demand
4.2 More Elasticities of Demand
4.3 Elasticity of Supply
Chapter 5 Efficiency and Equity
【Objective】
After studying this chapter, Students will be able to
define producer surplus
-valued uses and the
sources of inefficiency in our economy
【Emphasis and Difficulties】
Efficiency: Consumer Surplus
Producer Surplus【Contents】
5.1 Efficiency: A Refresher
5.2 Value, Price, and Consumer Surplus
5.3 Cost, Price, and Producer Surplus5.4 Economic Characteristics of Poverty Groups
5.5 Is the Competitive Market Efficient?
Is the Competitive Market Fair?
Chapter 6 Government Actions in Markets
【Objective】
After studying this chapter, Students will be able to
es and
inefficiency
inefficiency
w speculation and price
stabilization agencies influence farm prices and farm revenues
【Emphasis and Difficulties】
Rent Ceilings the Minimum Wage Taxes Farm Revenues
【Contents】
6.1 Housing Markets and Rent Ceilings
6.2 The Labor Market and the Minimum Wage
6.3 Taxes
6.4 Markets for Illegal Goods
6.5 Stabilizing Farm Revenues
Chapter 7 Global Markets in Action
【Objective】
After studying this chapter, Students will be able to
Explain how markets work with international trade
Identify the gains from international trade and its winners and losers
Explain the effects of international trade barriers
Explain and evaluate arguments used to justify restricting international trade
【Emphasis and Difficulties】
international trade
【Contents】
71. How markets work with international trade
7.2 Winners, Losers, and the Net Gain from Trade
7.3 International Trade Restrictions
Chapter 8 Utility and Demand
【Objective】
After studying this chapter, Students will be able to
utility and distinguish between total utility and
marginal utility
【Emphasis and Difficulties】
preferences utility marginal utility
total utility
【Contents】
8.1 Household Consumption Choices
8.2 Maximizing Utility
8.3 Predictions of Marginal Utility Theory
8.4 Efficiency, Price, and Value
Chapter 9
Possibilities, preferences, and choices
【Objective】
After studying this chapter, Students will be able to
ing
marginal rate of substitution
-leisure choices
【Emphasis and Difficulties】
Consumption Possibilities Indifference Curves
【Contents】
9.1 Consumption Possibilities
9.2 Preferences and Indifference Curves
9.3 Predicting Consumer Behavior
9.4 Work-Leisure Choices
Chapter 10. Output and costs
【Objective】
After studying this chapter, Students will be able to
the short run and the long run
-run cost curves
he relationship between a firm’s output and costs in the long run
-run average cost curve
【Emphasis and Difficulties】
Short-Run Cost Long-Run Cost
【Contents】
10.1. Decision Time Frames
10.2 Short-Run Technology Constraint
10.3 Short-Run Cost
10.4 Long-Run Cost
Chapter 11. Perfect competition
【Objective】
After studying this chapter, you will able to
【Emphasis and Difficulties】
Competition Perfect Competition
【Contents】
11.1Competition
11.2 The Firm’s Decisions in Perfect Competition
11.3 Output, Price, and Profit in Perfect Competition
11.4 Changing Tastes and Advancing Technology
11.5 Competition and Efficiency
Chapter 12. MONOPOLY
【Objective】
After studying this chapter, you will able to
-price monopoly and
price-discriminating monopoly
-price monopoly determines its output and price
-price monopoly and competition
【Emphasis and Difficulties】
Market Power A Single-Price Monopoly’s Output Price Discrimination
【Contents】
12.1Market Power
12.2 A Single-Price Monopoly’s Output and Price Decision
12.3Single-Price Monopoly and Competition Compared
12.4Price Discrimination
12.5Monopoly Policy Issues
Chapter 13 Monopolistic competition
【Objective】
After studying this chapter, you will able to
Define and identify monopolistic competition
Explain how output and price are determined in a monopolistically competitive industry
Explain why advertising costs are high in a monopolistically competitive industry
【Emphasis and Difficulties】
Monopolistic Competition Oligopoly
【Contents】
13.1Monopolistic Competition
13.2Output and Price in Monopolistic Competition
13.3Product Development and Marketing
Chapter 14. oligopoly
【Objective】
After studying this chapter, you will able to
Define and identify oligopoly
Use game theory to explain how price and output are determined in oligopoly
Use game theory to explain other strategic decisions
Describe the antitrust laws that regulate oligopoly
【Emphasis and Difficulties】
oligopoly , game theory
【Contents】
14.1Oligopoly
14.2Oligopoly Games
14.3Repeated Games and Sequential Games