ECON-2103-40387

ECON-2103-40387

Course Modules

Getting Started

Getting Started
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    ECON2103.40387.Allison.docx ECON2103.40387.Allison.docx
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    About Your Instructor About Your Instructor
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    Being Successful in this Course Being Successful in this Course
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    Update Your Canvas Profile Update Your Canvas Profile
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    Textbook Information & Additional Resources Textbook Information & Additional Resources
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    Getting Started with Canvas Getting Started with Canvas
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    Canvas Quick Links Canvas Quick Links
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Chapter 1

Chapter 1
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    1 Introduction 1 Introduction
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    1.1 What Is Economics, and Why Is It Important? 1.1 What Is Economics, and Why Is It Important?
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    1.2 Microeconomics and Macroeconomics 1.2 Microeconomics and Macroeconomics
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    1.3 How Economists Use Theories and Models to Understand Economic Issues 1.3 How Economists Use Theories and Models to Understand Economic Issues
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    1.4 How To Organize Economies: An Overview of Economic Systems 1.4 How To Organize Economies: An Overview of Economic Systems
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  • Attachment
    OpenStax_Economics_CH01_ImageSlideshow-acc.pptx OpenStax_Economics_CH01_ImageSlideshow-acc.pptx
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  • Discussion Topic
    Decisions on the Margin Decisions on the Margin
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Chapter 2

Chapter 2
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    2 Introduction to Choice in a World of Scarcity 2 Introduction to Choice in a World of Scarcity
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    2.1 How Individuals Make Choices Based on Their Budget Constraint 2.1 How Individuals Make Choices Based on Their Budget Constraint
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    2.2 The Production Possibilities Frontier and Social Choices 2.2 The Production Possibilities Frontier and Social Choices
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    2.3 Confronting Objections to the Economic Approach 2.3 Confronting Objections to the Economic Approach
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  • Attachment
    OpenStax_Economics_CH02_ImageSlideshow-acc.pptx OpenStax_Economics_CH02_ImageSlideshow-acc.pptx
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    Scarcity Video Scarcity Video
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Chapter 3

Chapter 3
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    3 Introduction to Demand and Supply 3 Introduction to Demand and Supply
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    3.1 Demand, Supply, and Equilibrium in Markets for Goods and Services 3.1 Demand, Supply, and Equilibrium in Markets for Goods and Services
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    3.2 Shifts in Demand and Supply for Goods and Services 3.2 Shifts in Demand and Supply for Goods and Services
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    3.3 Changes in Equilibrium Price and Quantity: The Four-Step Process 3.3 Changes in Equilibrium Price and Quantity: The Four-Step Process
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    3.4 Price Ceilings and Price Floors 3.4 Price Ceilings and Price Floors
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    3.5 Demand, Supply, and Efficiency 3.5 Demand, Supply, and Efficiency
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  • Attachment
    OpenStax_Economics_CH03_ImageSlideshow-acc.pptx OpenStax_Economics_CH03_ImageSlideshow-acc.pptx
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  • Discussion Topic
    Always Seeking Equilibrium Always Seeking Equilibrium
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Chapter 4

Chapter 4
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    4 Introduction to Labor and Financial Markets 4 Introduction to Labor and Financial Markets
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    4.1 Demand and Supply at Work in Labor Markets 4.1 Demand and Supply at Work in Labor Markets
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    4.2 Demand and Supply in Financial Markets 4.2 Demand and Supply in Financial Markets
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    4.3 The Market System as an Efficient Mechanism for Information 4.3 The Market System as an Efficient Mechanism for Information
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  • Attachment
    OpenStax_Economics_CH04_ImageSlideshow-acc.pptx OpenStax_Economics_CH04_ImageSlideshow-acc.pptx
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  • Assignment
    Minimum Wage Minimum Wage
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Chapter 5

Chapter 5
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    5 Introduction to Elasticity 5 Introduction to Elasticity
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    5.1 Price Elasticity of Demand and Price Elasticity of Supply 5.1 Price Elasticity of Demand and Price Elasticity of Supply
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    5.2 Polar Cases of Elasticity and Constant Elasticity 5.2 Polar Cases of Elasticity and Constant Elasticity
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    5.3 Elasticity and Pricing 5.3 Elasticity and Pricing
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    5.4 Elasticity in Areas Other Than Price 5.4 Elasticity in Areas Other Than Price
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  • Attachment
    OpenStax_Economics_CH05_ImageSlideshow-acc.pptx OpenStax_Economics_CH05_ImageSlideshow-acc.pptx
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  • Discussion Topic
    Elasticities of Demand Elasticities of Demand
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Chapter 6

Chapter 6
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    6 Introduction to Consumer Choices 6 Introduction to Consumer Choices
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    6.1 Consumption Choices 6.1 Consumption Choices
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    6.2 How Changes in Income and Prices Affect Consumption Choices 6.2 How Changes in Income and Prices Affect Consumption Choices
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    6.3 Behavioral Economics: An Alternative Framework for Consumer Choice 6.3 Behavioral Economics: An Alternative Framework for Consumer Choice
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  • Attachment
    OpenStax_Economics_CH06_ImageSlideshow-acc.pptx OpenStax_Economics_CH06_ImageSlideshow-acc.pptx
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  • Assignment
    Career Coach Career Coach
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Chapter 7

Chapter 7
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    7 Introduction to Production, Costs, and Industry Structure 7 Introduction to Production, Costs, and Industry Structure
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    7.1 Explicit and Implicit Costs, and Accounting and Economic Profit 7.1 Explicit and Implicit Costs, and Accounting and Economic Profit
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    7.2 Production in the Short Run 7.2 Production in the Short Run
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    7.3 Costs in the Short Run 7.3 Costs in the Short Run
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    7.4 Production in the Long Run 7.4 Production in the Long Run
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    7.5 Costs in the Long Run 7.5 Costs in the Long Run
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  • Attachment
    OpenStax_Economics_CH07_ImageSlideshow-acc.pptx OpenStax_Economics_CH07_ImageSlideshow-acc.pptx
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  • Discussion Topic
    Variable Cost v. Fixed Cost Production Variable Cost v. Fixed Cost Production
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Chapter 8

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    8 Introduction to Perfect Competition 8 Introduction to Perfect Competition
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  • External Url
    8.1 Perfect Competition and Why It Matters 8.1 Perfect Competition and Why It Matters
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    8.2 How Perfectly Competitive Firms Make Output Decisions 8.2 How Perfectly Competitive Firms Make Output Decisions
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    8.3 Entry and Exit Decisions in the Long Run 8.3 Entry and Exit Decisions in the Long Run
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    8.4 Efficiency in Perfectly Competitive Markets 8.4 Efficiency in Perfectly Competitive Markets
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  • Attachment
    OpenStax_Economics_CH08_ImageSlideshow-acc.pptx OpenStax_Economics_CH08_ImageSlideshow-acc.pptx
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  • Assignment
    Dealing with Monopolies and Competitive Markets (Ch. 8 & 9) Dealing with Monopolies and Competitive Markets (Ch. 8 & 9)
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Chapter 9

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    9 Introduction to a Monopoly 9 Introduction to a Monopoly
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  • External Url
    9.1 How Monopolies Form: Barriers to Entry 9.1 How Monopolies Form: Barriers to Entry
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  • External Url
    9.2 How a Profit-Maximizing Monopoly Chooses Output and Price 9.2 How a Profit-Maximizing Monopoly Chooses Output and Price
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  • Attachment
    OpenStax_Economics_CH09_ImageSlideshow-acc.pptx OpenStax_Economics_CH09_ImageSlideshow-acc.pptx
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  • Discussion Topic
    Monopoly Horror Stories Monopoly Horror Stories
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Chapter 10

Chapter 10
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    10 Introduction to Monopolistic Competition and Oligopoly 10 Introduction to Monopolistic Competition and Oligopoly
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  • External Url
    10.1 Monopolistic Competition 10.1 Monopolistic Competition
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  • External Url
    10.2 Oligopoly 10.2 Oligopoly
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  • Attachment
    OpenStax_Economics_CH10_ImageSlideshow-acc.pptx OpenStax_Economics_CH10_ImageSlideshow-acc.pptx
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  • Assignment
    Lysine Market Lysine Market
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Chapter 11

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    11 Introduction to Monopoly and Antitrust Policy 11 Introduction to Monopoly and Antitrust Policy
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  • External Url
    11.1 Corporate Mergers 11.1 Corporate Mergers
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  • External Url
    11.2 Regulating Anticompetitive Behavior 11.2 Regulating Anticompetitive Behavior
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  • External Url
    11.3 Regulating Natural Monopolies 11.3 Regulating Natural Monopolies
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    11.4 The Great Deregulation Experiment 11.4 The Great Deregulation Experiment
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  • Attachment
    OpenStax_Economics_CH11_ImageSlideshow-acc.pptx OpenStax_Economics_CH11_ImageSlideshow-acc.pptx
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  • Discussion Topic
    Why just PSO? Why just PSO?
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Chapter 12

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    12 Introduction to Environmental Protection and Negative Externalities 12 Introduction to Environmental Protection and Negative Externalities
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  • External Url
    12.1 The Economics of Pollution 12.1 The Economics of Pollution
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    12.2 Command-and-Control Regulation 12.2 Command-and-Control Regulation
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    12.3 Market-Oriented Environmental Tools 12.3 Market-Oriented Environmental Tools
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  • External Url
    12.4 The Benefits and Costs of U.S. Environmental Laws 12.4 The Benefits and Costs of U.S. Environmental Laws
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  • External Url
    12.5 International Environmental Issues 12.5 International Environmental Issues
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  • External Url
    12.6 The Tradeoff between Economic Output and Environmental Protection 12.6 The Tradeoff between Economic Output and Environmental Protection
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  • Attachment
    OpenStax_Economics_CH12_ImageSlideshow-acc.pptx OpenStax_Economics_CH12_ImageSlideshow-acc.pptx
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  • Assignment
    Assessment Keystone XL Analysis Assessment Keystone XL Analysis
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Chapter 13

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    13 Introduction to Positive Externalities and Public Goods 13 Introduction to Positive Externalities and Public Goods
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  • External Url
    13.1 Why the Private Sector Underinvests in Innovation 13.1 Why the Private Sector Underinvests in Innovation
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  • External Url
    13.2 How Governments Can Encourage Innovation 13.2 How Governments Can Encourage Innovation
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  • External Url
    13.3 Public Goods 13.3 Public Goods
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  • Attachment
    OpenStax_Economics_CH13_ImageSlideshow-acc.pptx OpenStax_Economics_CH13_ImageSlideshow-acc.pptx
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  • Discussion Topic
    Our Level of Public Goods Our Level of Public Goods
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Chapter 14

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  • External Url
    14 Introduction to Labor Markets and Income 14 Introduction to Labor Markets and Income
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  • External Url
    14.1 The Theory of Labor Markets 14.1 The Theory of Labor Markets
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  • External Url
    14.2 Wages and Employment in an Imperfectly Competitive Labor Market 14.2 Wages and Employment in an Imperfectly Competitive Labor Market
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  • External Url
    14.3 Market Power on the Supply Side of Labor Markets: Unions 14.3 Market Power on the Supply Side of Labor Markets: Unions
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    14.4 Bilateral Monopoly 14.4 Bilateral Monopoly
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    14.5 Employment Discrimination 14.5 Employment Discrimination
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  • External Url
    14.6 Immigration 14.6 Immigration
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  • Attachment
    OpenStax_Economics_CH14_ImageSlideshow-acc.pptx OpenStax_Economics_CH14_ImageSlideshow-acc.pptx
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  • Assignment
    Birth Dearth Birth Dearth
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  • Assignment
    Course Evaluation Bonus 5 Points Course Evaluation Bonus 5 Points
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Additional Readings

Additional Readings
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  • External Url
    The Use of Mathematics in Principles of Economics The Use of Mathematics in Principles of Economics
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  • External Url
    Indifference Curves Indifference Curves
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  • External Url
    Present Discounted Value Present Discounted Value
    Score at least   Must score at least   to complete this module item Scored at least   Module item has been completed by scoring at least   View Must view in order to complete this module item Viewed Module item has been viewed and is complete Mark done Must mark this module item done in order to complete Marked done Module item marked as done and is complete Contribute Must contribute to this module item to complete it Contributed Contributed to this module item and is complete Submit Must submit this module item to complete it Submitted Module item submitted and is complete
 
minimum score must view must submit must contribute
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