Course Description:Microeconomics theories of product and resource markets; government and current economic problems; international economic and the world economy.
Required textbooks/ course materials:
McEachern, William A. M1cro Econ6: Principles of Microeconomics-W/Access. 6th ed. Boston: Cengage Learning. 2019. ISBN: 9781337408059
See your Instructor First Day Handout for individual instructor assignment schedule.
Discipline-level learning outcomes:
SS-1 Identify behaviors and social trends, using appropriate research methodologies.
SS-2 Identify global influences on social, behavioral, and historical issue.
SS-3 Examine significant historical events.
SS-4 Identify differences and commonalities within diverse cultures.
Course-level learning outcomes:
|Course-level student learning outcomes||Discipline-level learning outcomes||Assessment methods|
|Tests, Skills Demonstration, Report/Presentation, Projects, Problem Solving|
Means of accomplishing learning outcomes:
- Read all assigned materials.
- Attend and participate in class discussions.
- Complete study guides and notes from class discussion and lectures.
- Courses taught under the auspices of the Social and Behavioral Sciences will include an oral component, oral presentations, and or classroom discussions. Note: Online and Distance Learning courses will not contain the oral component.
Chapters are as follows:
- The Art of Science of Economic Analysis
- Economic Tools and Economic Systems
- Economic Decision Makers
- Demand, Supply and Markets
- Elasticity of Demand and Supply
- Consumer Choice and Demand
- Production and Cost in the Firm
- Perfect Competition
- Monopolistic Competition and Oligopoly
- Resource Markets
- Labor Markets and Labor Unions
- Capital, Interest, Entrepreneurship, and Corporate Finance
- Transaction Costs, Asymmetric Information, and Behavioral Economics
- Economic Regulation and Antitrust Policy
- Public Goods and Public Choice
- Externalities and the Environment
- Poverty and Redistribution
- International Trade
- International Finance
- Economic Development
In addition to the aforementioned chapter listings, students will receive instructions in the following areas: buying goods and services; earning income; saving and financial investing; taxes; the use of credit and credit cards; budgeting and debt management, including student loans and secured loans; banking and financial services; planning for one’s financial future; credit reports and scores; and fraud and identity theft prevention.
College-wide policies and resources
For more specific information on Chipola's college-wide academic policies and resources available to students, visit the link below.