Dept. of Economics
ECO200Y1Y: Section L0101: Fall 2012 – Winter 2013
This is the public "front end" for the more detailed course website that will be accessible through the University of Toronto Portal (a.k.a. Blackboard).
Robert Gazzale, PhD
From the calendar: Theory of markets and prices. Determination of prices through the interaction of the basic economic units, the household as consumer and as supplier of inputs and the business firm as producer and as employer of inputs. The pricing system as the mechanism by which social decisions and allocation of goods are made in a market economy.
Please note that the course prerequisites are enforced rigorously, and without exception:
It is redundant, but I will note that "prerequisite" means that the course must be successfully completed before enrolment is permitted.
I have three goals for this course.
The grading scheme has three elements:
There will also be problem sets that form the basis of the regularly scheduled tutorials. The problems sets will not be graded, but serve to prepare students for the graded components of the course (in particular, the term tests and the final exam).
Lectures take place Wednesdays in SS (Sidney Smith Hall) 2117 from 10:00 AM to Noon. Tutorials take place most Fridays from Noon to 1:00 PM in the same room.
Texts and Materials
Required: Besanko and Braeutigam, Microeconomics, Fourth Edition, 2011.
The course syllabus will soon be posted.