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ECONOMICS 204 – SECTION A1 Principles of Economics

TEXTBOOK

COURSE OBJECTIVE

The intent of this course is to introduce you to the terminology and techniques used in economics and to assist you in attaining a fundamental understanding of economic theory. Further, in this course, we will see how economists apply these techniques to several issues including the supply and demand of goods and services, industrial regulation, international trade, unemployment and inflation.

Note: Students cannot attain credit in Economics 204 and credit in Economics 101 and Economics 102.

GRADING

There will be 6 assignments in this course. At the end of the term, I will drop the lowest assignment and use your 5 best.

Copies of midterms and final exams from past years will be made available to the students.

“Grades reflect judgments of student achievement made by instructors. These judgments are based on a combination of absolute achievement and relative performance in a class.” [University of Alberta Calendar, Section 23.4(4).]

In this course, the raw scores of assignments and exams are totaled, based upon the distribution weights given earlier and then letter grades are assigned. 

To give you an idea of what you might expect, here is a distribution reflecting past years:

EXAMS

Exams in this course consist of multiple choice questions, short answer, and long answer questions. The final exam is comprehensive. Copies of past exams will be made available.

Exams are scheduled for the following days:

COURSE OUTLINE AND SEQUENCE OF READINGS

1.	The Economic Problem	Chapter 1
2.	Supply and Demand	Chapters 2 and 3
3.	Market Structure	Chapters 4, 5, 6 and 7
4.	Introduction to Macroeconomics	Chapters 8 and 9
5.	Money, Banking, and Monetary Policy	Chapters 12 and 13
6.	Fiscal Policy	Chapter 11
7.	Canada in the Global Economy	Chapters 14 and 15

1. Academic Integrity

“The University of Alberta is committed to the highest standards of academic integrity and honesty. Students are expected to be familiar with these standards regarding academic honesty and to uphold the policies of the University in this respect. Students are particularly urged to familiarize themselves with the provisions of the Code of Student Behaviour (online at www.governance.ualberta.ca) and avoid any behaviour that could potentially result in suspicions of cheating, plagiarism, misrepresentation of facts and/or participation in an offence. Academic dishonesty is a serious offence and can result in suspension or expulsion from the University.” {University of Alberta Calendar}

2. System Requirements

3. There is an alternative way to access UofA email. Details are available here 

https://www.ualberta.ca/information-services-and technology/services/email-calendaring/index.html

4. Student Resources

(b) Accessibility Resources: (1 – 80 SUB)

(c) Health and Wellness Support:

The Office of the Student Ombuds offers confidential interviews, advice and support to students facing academic, discipline, interpersonal and financial difficulties.

5. Learning and working environment:

6. Territorial Statement:

7. Sexual Violence Policy:

8. Policy about course outlines can be found in the Evaluation Procedures and Grading System section of the University Calendar.