《Principles of Microeconomics》课程教学大纲.docx

«Principles of Microeconomics » 课程教学大纲Content and Objectives: Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, the course is designed to introduce to the student the principles of microeconomics and to critically analyze these principles in the context of public policy issues under the socialist market economy with Chinese characteristics. In particular; the main discussion in this course will be leaded by China/s practice of economic reform toward a socialist market economy underpinned by the Marxist framework of historical materialism. It will let student to have further understanding of The Communist Party of China's way of taking a people-centric approach for the public interest, and the necessity of the continuation of comprehensive deepening of reforms. This course will also build the foundation for student to comprehend the new science-based ideas for "innovative, coordinated, green, open and shared development". This course will also put the socialist core values as priority, including Marxism, communism and socialism with Chinese characteristics.The foundations of microeconomics are the logic of decision-making, leading to supply and demand or the market system. The course will introduce tools to explore the fundamentals of the market system, examine the behavior of consumers and firms in alternative market models, and consider public policy issues such as public goods. The major purpose of the course then is to help students understand the decisive role of the market in resource allocation, and how economic concepts can be applied to a variety of problems in the context of the socialist market economy with Chinese characteristicsYou will have many opportunities this semester to practice and make progress toward achieving these objectives. Quizzes and homework assignments will be used to assess your performance in achieving the course objectives.Grading and Exams: The grades for the course will be determined by the student's performance on quizzes, exams, and homework problems. Grades are determined by a percentage of the total score. No makeup exams. You can use calculator during the midterm and final.EventPercentageHomework20%Midterm Exam25%Presentation10%Final Exam (Comprehensive)45%Tentative Course OutlineWeekChapter310 Principles of Economics (Chi)Thinking Like an Economist (Ch2)4National Day Break5Interdependence & the Gains from Trade (Ch3.) The Market Forces of Supply & Demand (Ch4)6The Market Forces of Supply & Demand (Ch4) Elasticity of Demand & Supply (Ch5)7Elasticity of Demand & Supply (Ch5)Supply, Demand, and Government Policies (Ch6)8Supply, Demand, and Government Policies (Ch6)Consumers, Producers, and the Efficiency of Markets (Ch7)9The Costs of Taxation (Ch8) International Trade (Ch9)10Midterm Exam11Presentation12Externalities (ChlO)The Costs of Production (Chl3)13The Costs of Production (Chl3)Firms in Competitive Markets (14)14Monopoly (15)15Oligopoly (Chl6)Monopolistic Competition (Chl7)16The Theory of Consumer Choice (Ch 21, optional)17Review18Final Exam (Comprehensive)