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University of Gujrat
                           Faculty of Social Sciences
                             Department of Economics



                                   Weekly Study Plan
Semester: Spring 2009
Course: ECO-102: Principles of Microeconomics

Class schedule:
Program                           Day               Time               Venue
BS-Economics                      Wednesday         11:30 – 01:00      FJ College
                                  Thursday          11:30 – 01:00      FJ College

Course Instructor:
Tanveer Ahmed Naveed
Room# A-208
Cell:   0300-5506440
E-mail: tanveeranaveed@gmail.com
        tanveer.ahmed@uog.edu.pk

Assessment and evaluation:
Mid term examination                  (25%)
Class assignments, research projects/assignments, quizzes, problem sets, class attendance,
presentation and class participation (25%)
Final examination (at the end of semester) 50%

Course Contents and Weekly Agenda
Week Topics
1st    Introduction, Overview of Economics, definitions and its stages,
2nd    Economic way of thinking, Economizing problem, Production Possibility Frontier
  rd
3      Demand & Supply
4th    Equilibrium
  th
5      Elasticity
        Price elasticity of demand
6th     Income elasticity of demand, Cross elasticity of demand
7th     Theory of Consumer Behavior and Demand Analysis
        Utility Function, Cardinal utility, Consumer equilibrium, Critics of cardinal approach
8th     Ordinal utility, Indifference Curve theory, Consumer equilibrium, critics of ordinal
        approach
9th     Income and substitution effect, Hicks
10th    Production Function
11th    Iso-quant and Iso-cost
12th    Costs functions
13th    Relationship between cost and production curves.
14th    The Theory of Market Behavior
        Perfect competition, Equilibrium of price taker firm
15th     Monopoly: Price discrimination
16th     Monopolistic competition: Oligopoly
17th     Preparation Week
18th     Final Examination

Basic Texts

1.Gragory Mankiv. 2001. Principles of Economics. Dryden Press.
2.McConnel and Bruce, Principles of Economics. Latest edition.

Recommended Books
1. Koutsoyiannis, A., (Latest Edition/2nd edition), “Modern Microeconomics”, Macmillan,
London.
2. Nicholson, Walter. (9th edition), “Intermediate Microeconomics and its Applications” South-
Western
3. Ferguson, C.E & Gould, J.P, (Latest Edition), “Microeconomic Theory”, Macmillan,

Additional Books
1. Henderson, J.M & Richard E. Quandt. (latest edition) , “Microeconomic Theory”,
Melliwra H A Book Co. N.Y.
2. Varian, Hall R.1992. “Micro Economics Analysis*, Norton & Company, New York.
3. Bilas, R. A.1983. “Microeconomic Theory”, Mc Graw-Hill International Book Company,
Boston.
4. Nicholson, Walter. (6th edition), “Microeconomic Theory: Basic Principles and Extensions”


Note: Outline is tentative and subject to change as required, changes may be announced in the class.

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Course outlin Principles Of Microeconomics Bs (Weekly Plan)

  • 1. University of Gujrat Faculty of Social Sciences Department of Economics Weekly Study Plan Semester: Spring 2009 Course: ECO-102: Principles of Microeconomics Class schedule: Program Day Time Venue BS-Economics Wednesday 11:30 – 01:00 FJ College Thursday 11:30 – 01:00 FJ College Course Instructor: Tanveer Ahmed Naveed Room# A-208 Cell: 0300-5506440 E-mail: tanveeranaveed@gmail.com tanveer.ahmed@uog.edu.pk Assessment and evaluation: Mid term examination (25%) Class assignments, research projects/assignments, quizzes, problem sets, class attendance, presentation and class participation (25%) Final examination (at the end of semester) 50% Course Contents and Weekly Agenda Week Topics 1st Introduction, Overview of Economics, definitions and its stages, 2nd Economic way of thinking, Economizing problem, Production Possibility Frontier rd 3 Demand & Supply 4th Equilibrium th 5 Elasticity Price elasticity of demand 6th Income elasticity of demand, Cross elasticity of demand 7th Theory of Consumer Behavior and Demand Analysis Utility Function, Cardinal utility, Consumer equilibrium, Critics of cardinal approach 8th Ordinal utility, Indifference Curve theory, Consumer equilibrium, critics of ordinal approach 9th Income and substitution effect, Hicks 10th Production Function 11th Iso-quant and Iso-cost 12th Costs functions 13th Relationship between cost and production curves. 14th The Theory of Market Behavior Perfect competition, Equilibrium of price taker firm
  • 2. 15th Monopoly: Price discrimination 16th Monopolistic competition: Oligopoly 17th Preparation Week 18th Final Examination Basic Texts 1.Gragory Mankiv. 2001. Principles of Economics. Dryden Press. 2.McConnel and Bruce, Principles of Economics. Latest edition. Recommended Books 1. Koutsoyiannis, A., (Latest Edition/2nd edition), “Modern Microeconomics”, Macmillan, London. 2. Nicholson, Walter. (9th edition), “Intermediate Microeconomics and its Applications” South- Western 3. Ferguson, C.E & Gould, J.P, (Latest Edition), “Microeconomic Theory”, Macmillan, Additional Books 1. Henderson, J.M & Richard E. Quandt. (latest edition) , “Microeconomic Theory”, Melliwra H A Book Co. N.Y. 2. Varian, Hall R.1992. “Micro Economics Analysis*, Norton & Company, New York. 3. Bilas, R. A.1983. “Microeconomic Theory”, Mc Graw-Hill International Book Company, Boston. 4. Nicholson, Walter. (6th edition), “Microeconomic Theory: Basic Principles and Extensions” Note: Outline is tentative and subject to change as required, changes may be announced in the class.