ECONOMICS 1013

Microeconomic Principles
Fall 2022

Instructor: Xiaoting Wang

Office: BAC 341
Email: xiaoting.wang@acadiau.ca
Phone: 902 5851461
Office Hours: Virtual through Microsoft Teams on Tuesdays and Thursdays
11:30am to 1 pm, or by appointment.

Textbook (required, available at the bookstore)

Microeconomics: Canada in the Global Environment by Michael Parkin and Robin Bade

Grading

Final Exam 40% (to be scheduled by the Registrar’s office)

Midterm Exam 1 20% (Wednesday, October 12)
Midterm Exam 2 20% (Monday, November 21)
Surprise Quizzes 20%

All midterm exams and quizzes will be held in class.

Special Accommodations
Students who require accommodations to complete coursework or otherwise fully
participate in class should contact Accessible Learning Services directly as soon as
possible. Please visit Accessible Learning Services website or email them
at accessible.learning@acadiau.ca for more information.
Accessible Learning Services is located in Rhodes Hall.

Note: November 18 is the last day to drop Fall term courses and receive a ‘W’.
A Brief Outline

Basics of Economics (Chapters 1 to 4)

Economic Issues and Concepts
Demand and Supply
Elasticity

A Big Picture (Chapters 5 to 6)

Efficiency and Equity
Government Actions in Markets

Consumers Theory (Chapter 8)

Utility and Demand

Producers Theory (Chapters 10 to 13)

Organizing Production
Output and Costs
Perfect Competition
Monopoly