ECON 201   Principles of Microeconomics   Credits: 3

Course Information

Description:
A study of the nature, method, and scope of economic analysis, economic scarcity, resources, specialization and division of labor, supply and demand, production and costs, customer behavior and utility maximization, technology, product and resource market structures, and distribution of income.

Prerequisites:    None

Learning Outcomes (Course Objectives):
Course Objectives:

To provide an understanding of economics which is essential to comprehend and have a view on today's political problems, and to be able to make our individual buying, employment, and financial decisions.
To develop a lasting interest in our economic system.
To provide a base for those who are enrolled in an economic degree.

Homework (Workload):
An assignment is due every week. Assignments consist of reading textbook, going through chapter objectives, concept illustrations, interactive graphs, and other course material. A discussion question and/or questions from textbook are assigned and due every week for every chapter. Discussion questions are posted in the discussion area and students must reply to at least one other student's post in order to create interaction and learning. Answers to textbook questions are emailed to me.

Exams:
3 - 50 point multiple choice exams are given throughout the semester. These exams must be taken independently and will last no more than 1 hour. Students will have one full week to take the exam. I only allow one submission. Sometimes the final test will consist of a short answer format.

Delivery Method:
Online

Technology Required:  You must have access to a computer with Netscape 4.0 (or higher) or Internet Explorer 5.0 (or higher). No additional Internet plug-ins are required for this course. Please allow our browser checking website to tell you what your computer currently provides for you. Microsoft Office 2000, 2003, including Word and PowerPoint. IBM or compatible, or Macintosh computer with CD-ROM; Internet access - Netscape or Explorer (later versions of either); QuickTime or Real Time Player for Wave files.

Special Needs:   If you have any disability (physical, mental, or emotional) which has been documented with the College's Special Needs Coordinator, and which might affect your ability to meet the demands of this class, you MUST tell me TODAY on the data sheet so accommodations of methods, materials, or procedures (including testing) can be made to insure equitable participation and equal evaluation.

Textbook and additional course materials:
Title:
Author:
Edition:
Publisher:
ISBN:

How to obtain:
                         To purchase textbooks, please contact the
                         WSC bookstore at 1-888-863- 9455, ext 4260
                         or email one of the following:
                         Kay Anderson: Kayleen.Anderson@wsc.nodak.edu
                          

Timeline of the Course:
January 11, 2005 - May 13, 2005
The course is 16 weeks long. Students are expected to submit an assignment every week and keep up with the course schedule.

Instructor Information: 

Coordinator/Instructor -       Angela Schepp
Campus office located in -  Off Campus
Telephone                          1-701-628-1539  
Fax                                     
Email                                  Angela Schepp

Instructor credentials: 
B.S. Agriculture Economics
M.S. Agriculture Economics

Register for this Course:

There are three (3) ways to register for this course depending upon your current student status.

If you are a degree-seeking student intending to receive your degree from Williston State College BUT you have not yet been admitted to WSC, you must:
1. First seek admission from WSC. To read about admission requirements, see  WSC Admissions.To fill out the online admission form, see Online Admission Form.
2. Send: $35.00 Application Fee - see WSC Admissions Procedure.
3. Provide: ACT scores, Official Transcripts- WSC Admissions Procedure.
4. Contact the distance Education Office for additional information- See Contact Information below.
If you have already been admitted to WSC and simply wish to register for this course, See Contact Information below.
If you are a student at another North Dakota University System institution and wish to take this course, Contact the distance Education Office for additional information- See Contact Information below.