Gavilan College


ECON 2: (6088) Principles of MicroEconomics


Spring 2007


Instructor: Ali Shokou                                                            Class Room: MHG3


Phone: (408) 390-9060                                                           Time: Sat 09:00am to 12:05pm

Required Text: 1-McConnell, Brue –

                              Microeconomics, 16th Ed/ McGraw Hill

                              MSBN: 0-07-287561-5                      

                          2- Assignment Booklet

      (I have left a copy of both required materials in the library as a reference)


Office Hours: I am usually at the college about half an hour early -

                        and also by arrangement or over the phone.


Final Exam: Sat. May 19, 2007


Grading Policy


A.    Exam 1                                 100 Points (18.18%)                A=90-100%

B.    Exam 2                                 100 Points (18.18%)                B=80-89%

C.    Exam 3                                100 Points (18.18%)                 C=70-79%

(One mid-term exam, out of 3, with the lowest grade, will be dropped.)     D=60-69%

C.    Final Exam                              150 points (27.28%)                 F=below 60%

D.    Attendance, Participation, and over all assessment                                                    

 (Attendance and homework are the most significant, among others)                                    

                                                    100 points (18.18%)

E.    Assignments                        100 points (18.18%)

(Two assignments, out of total, with the lowest grades, will be dropped.)


TOTAL SCORE                          550 points (100%)



Once you have been officially registered, a student wanting to drop the course must initiate the drop procedure with the “drop card”.  If you do not intend to meet the course requirements, you are personally responsible to drop the course prior to the last “drop date” in order to avoid receiving a failing grade of “F.”


Important Dates

Last day to ADD a class                                                                            Wed. Feb 6, 2007

Last day to drop and receive a REFUND                                                  Wed. Feb 14 2007

“NRS” Deadline                                                                                         Fri. Mar 2, 2007

“W” Deadline                                                                                             Fri. Apr 27, 2007



It is extremely important not to mess any of the sessions. If, at any time during the term, you accumulate three or more absences, you may be dropped. 


Special Accommodations

If you have learning or physical need that will require special accommodations, please let me know.


Commitment to Learning Process

I am very concerned that there is a climate of "academic honesty". No cheating will be tolerated. If there is anything that I can do to help you achieve your goals, please share with me.

Further, I believe that by working together we can create a learning environment where your creative, analytical, and critical thinking and communication skills can be explored and expanded upon. It is also my conviction that there is no such thing as a "dumb" question or answer and there is more than one right solution for any situation. It is my intention to be more of a facilitator than an instructor.

We will discuss the economic theories and policies, as well are real life and world related issues.

I hope the information and knowledge you gain from this class will serve you throughout your life. The hard work, time and energy you put forth here is an investment in your future. Through your efforts, you will gain insight into economics as a method of thought, and this will aid you greatly in the years to come when you will be making important decisions affecting your financial, professional and personal live.


ASSIGNMENT: Tentative Schedule


                                                              TOPIC                                                  CHAPTER


   Week 1                 The Nature and Method of Economics                                   1

   Week 2                    Graphs and Their Meaning                                       Appendix

   Week 2                    The Economic Problem                                                               2

   Week 3                  Understanding individual Markets: Demand and Supply      3                                                              

   Week 4                    Reviewing previous chapters                 

   Week 5                   FIRST EXAM                                            (1, 2, & 3)


   Week 5 & 6           Demand and Supply: Elasticity and Gov't-Set Prices           7                                                          

   Week 6, 7 & 8       The Cost of Production                                                         9                                                                                                                                                    Week 9                 SECOND EXAM                                                      (7 & 9)


   Week 9                    Pure Competition                                                                 10

   Week 10                 Pure Monopoly                                                                     11           

  Week 11             Monopolistic Competition                                               12

  Week 12            Oligopoly                                                                        12

  Week 13            THIRD EXAM                                                 (10, 11,&12)  


Week 14            Government and Market Failure                                   17                          Week 15             International Trade                                                       24

Week 16             Exchange Rates, the Balance of Payments,

and Trade Deficits                                                      25

Week 17             FINAL EXAM                                              (17, 24, & 25)