What This Document Is
This is a comprehensive semester course outline for ECN 315/510: Economic Analysis, offered at the University of Detroit Mercy. It serves as a foundational guide to the course, detailing expectations, assessment methods, and a planned schedule of topics. It’s designed to provide students with a clear understanding of the course structure and requirements from the outset.
Why This Document Matters
This outline is essential for any student enrolled in or considering enrollment in Intermediate Microeconomics at University of Detroit Mercy. It’s particularly useful during the initial stages of the semester for planning study schedules, understanding grading policies, and anticipating the flow of course material. Students can refer to it throughout the term to stay organized and on track with course expectations. It’s also valuable for prospective students to gauge the course’s scope and rigor.
Topics Covered
* Foundational Economic Principles & Applications
* Consumer Behavior and Decision-Making
* Demand and Supply Analysis – including elasticity
* Production and Cost Theory
* Market Structures – including perfect competition
* Economic Equilibrium and Market Dynamics
* Utility Maximization and Budget Constraints
* Short-Run and Long-Run Equilibrium Analysis
What This Document Provides
* Instructor contact information and communication guidelines.
* A detailed breakdown of the course grading scheme and associated weightings.
* A tentative schedule outlining the concepts, theories, and applications to be explored throughout the semester.
* Expectations regarding student preparation and engagement with course materials.
* Information regarding available resources and support for student success.
* Policies regarding assessments, including quizzes and the final examination.