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Fall semester 2011/2012

1st year students, group 104, course on Thursdays, 1.15-2.50pm (room E)

Course given by: Katarzyna Metelska-Szaniawska

THE RETAKE RESULTS ARE AVAILABLE BELOW.YOU MAY VIEW YOUR TESTS DURING DR. MAREK GIERGICZNY'S OFFICE HOURS THIS WEDNESDAY (7/3/2012) BETWEEN 3 AND 5 PM IN ROOM 306.

Requirements for passing the course

  • 1st element: final test (70% of the final grade)
The final test will be a written multiple-choice test (one correct answer to each question). The test must be passed with a positive result (at least 50% of the total points). It will be organized only once. Absence at the final test (on the required date) results in failing the course (NC grade).
  • 2nd element: short tests and class participation (30% of the final grade)
- Short tests (5 minutes each) will be organized 5 times during the semester without prior announcement. Each test can give you 0-5 points (depending on the correctness of your answer).
- Class participation: For each problem solved individually at the board, if you volunteer to do so, you can receive a maximum of 6 points (depending on the correctness of your solution). If asked to solve a problem at the board by the instructor, you do not receive any points.
- In total you can receive a maximum of 30 points for short tests and class participation during the semester.
  • Re-take test
In the retake exam period (in March) there will be only one final test organized, taking the same form as the normal final test. All participants of the course are allowed to take the retake test, regardless of the result from the first approach. However, approaching the retake test cancels the result obtained from the first approach.
Your final grade is determined on the basis of the sum of the final test score and points for participation in class and short tests gathered during the regular semester of class.

Please note that:

  • All tests are organized according to the rules of "Zero tolerance for cheating".
  • There are no other possibilities (neither new dates nor rules) for passing the course.
  • Grades are given according to the following scale:
pointsfinal grade
90-1005
80-894+
70-794
60-693+
50-593
0-492

Class material and obligatory reading

6/10Introduction to microeconomic reasoning. ExperimentChapter 1Slides----
13/10Budget constraintChapter 2SlidesProblemsAdditional material
20/10Consumer preferences and utilityChapters 3 and 4SlidesProblems--
27/10Consumer preferences and utility contd.Chapters 3 and 4------
3/11Consumer choiceChapter 5SlidesProblemsAdditional material
10/11DemandChapter 6SlidesProblems--
17/11ElasticityChapter 15.5-15.8No SlidesProblems--
24/11Revealed preferences and indicesChapter 7SlidesProblems--
1/12Slutsky EquationChapter 8SlidesProblems--
8/12Resource constraint and labor supplyChapter 9SlidesProblems--
15/12Intertemporal choice and assetsChapter 10 and 11SlidesProblems--
5/1Intertemporal choice and assets contd.Chapter 10 and 11------
12/1Uncertainty and insuranceChapter 12SlidesProblems--
19/1Consumer surplusChapter 14SlidesProblems--


Obligatory reading - chapters from: Varian Hal R., ''Intermediate Microeconomics. A Modern Approach", 6th ed., 2002 (or later editions; chapter numbers in the 2002 edition given above).

Results

Partial and final results (incl. participation in class and short tests) are available here (last updated 3/3/2012).

Readings

  • obligatory: Varian H.R., 2002, ''Intermediate Microeconomics. A Modern Approach", 6th ed., New York and London: W.W. Norton & Co. (or later editions)
  • workouts: Bergstrom T.C., H.R. Varian, 1990, Workouts in Intermediate Microeconomics, New York and London: W.W. Norton & Co. (or later editions)
  • additional workouts file
  • additional: Pindyck, R. S., D. L. Rubinfeld, 2005. "Microeconomics", 6th ed., Pearson Education.
  • additional: Perloff, J. M., 2007, "Microeconomics: Theory and Applications with Calculus", Addison-Wesley.
  • additional: Nicholson, W., 2004, "Microeconomic Theory: Basic Principles and Extensions", 9th ed., South-Western College Pub.
  • mathematics for economists: Sydsæter, K., P. Hammond, 2008, "Essential Mathematics for Economic Analysis", 3rd ed., Prentice Hall.
  • mathematics for economists: Sydsaeter, K., P. Hammond, A. Seierstad, A. Strøm, 2008, "Further Mathematics for Economic Analysis", 2nd ed., Prentice Hall.
  • additional workouts in Polish: Czarny, E., E. Nojszewska, 2000, "Mikroekonomia: zbiór zadań", PWE.
  • additional workouts in Polish: Laidler, D., S. Estrin, 1992, "Wstęp do mikroekonomii: zadania i problemy", Gebethner.

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