ECON 101 (005): Principles of Microeconomics
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ECON 101 (005): Principles of Microeconomics
11.8 Weekly Discussion Groups with teaching assistant
You must register in one of the following weekly discussion groups:
Econ 101 L5A Wed 19:00–19:50 am PST
Econ 101 L5B Wed 19:00–19:50 am PST
Econ 101 L5C Fri 19:00–19:50 am PST
Econ 101 L5D Fri 19:00–19:50 am PST
These synchronous sessions will be run by your TA. Your TA will use these sessions to work through solutions to the practice exercises posted on Canvas in the previous week. If any time remains, your TA will be happy to answer any questions you may have related to the material your studied in the previous week.
Zoom will be used for these discussion sessions. Zoom links for each week’s discussion sessions will be posted on Canvas on Monday of each week of the course.
Week | Dates | Activity |
1 | Sep 6 to Sep 12 | No discussions |
2 | Sep 13 to Sep 19 | Review of previous week’s Canvas practice exercises |
3 | Sep 20 to Sep 26 | Review of previous week’s Canvas practice exercises |
4 | Sep 27 to Oct 3 | Review of previous week’s Canvas practice exercises |
5 | Oct 4 to Oct 10 | Review of previous week’s Canvas practice exercises |
6 | Oct 11 to Oct 17 | Review of previous week’s Canvas practice exercises |
7 | Oct 18 to Oct 24 | Review of previous week’s Canvas practice exercises |
8 | Oct 25 to Oct 31 | Review of previous week’s Canvas practice exercises |
9 | Nov 1 to Nov 7 | Review of previous week’s Canvas practice exercises |
10 | Nov 8 to Nov 14 | Midterm break. No discussions |
11 | Nov 15 to Nov 21 | Review of previous week’s Canvas practice exercises |
12 | Nov 22 to Nov 28 | Review of previous week’s Canvas practice exercises |
13 | Nov 29 to Dec 5 | Review of previous week’s Canvas practice exercises |
12 iClicker Cloud
I will use iClicker Cloud during the Monday synchronous sessions with the course instructor. iClicker Cloud is a web-based personal response system that you will use to answer questions that I ask at various points during each class. Using iClicker Cloud is a course requirement and your clicker responses the synchrounous clicker questions covered in our Monday sessions will determine 8% of your course grade. You are responsible accessing iClicker Cloud during the Monday synchronous sessions with the course instructor. See Section 12.1 for a detailed description of how your grade for the clicker component of the course is calculated.
The clicker questions are generally designed to test your understanding of the material presented in the lecture videos and associated readings covered during the preceding week. The questions will also get you to get you to think about that material more deeply and will also add introduce some new material. As such, it is important that you make good notes during the session that summarize any discussion we have about the clicker questions. To help you do so in an organized and efficient manner, each clicker question covered in the synchronous Monday classes has a unique reference number in the top-right corner of the slide on which it appears. You should write each clicker question’s reference number in your notes along with your comments about the question and any associated discussion (including the correct answer if there is one). When you review your notes, the reference number will allow you to easily associate your comments with the particular clicker question to which they refer. You will be able to use your iClicker Cloud account to access copies of all the iClicker questions after we have been over them in class.
You will need to do some calculations for certain clicker questions, so I recommend you have a calculator available during the Monday synchronous sessions with the course instructor.
Using iClicker Cloud
You need to create an iClicker cloud account before our Monday meeting in Week 2. See the UBC iClicker Cloud Student Guide for information about setting up your iClicker Cloud and how to add this course to your iClicker account.
At the start of each class, you will join the course in iClicker.
1. Log in to iClicker Student at student.iclicker.com using your iClicker account details.
2. Select your course from the main screen.
3. Click Join when it appears on your screen (it may take a minute to show up). Note that this button only displays once your instructor has started the class in iClicker Cloud and may not be available if you log in early.
4. You will see a confirmation message, and your instructor will see you have joined the class.
To answer a question, wait for your instructor to open the poll for the question and then select your answer. You can change your answer as many times as you would like while the question poll is open. Only your last choice will be recorded and graded.
12.1 Clicker Grade
Your clicker responses will determine 8% of your course grade.
There are two types of clicker questions:
● Participation-Only Questions: You earn one “participation point” for answering a participation-only question, even if your answer is incorrect.
● Graded Questions: You earn one participation point for answering a graded question, even if your answer is incorrect. You also earn one “graded point” if your answer is correct.
Sometimes you will be asked to answer the same clicker question more than once. Each instance of the clicker question you answer will be treated as a separate question for the purpose of grading. For example, if you were asked to answer a particular graded clicker question three times, you could earn a maximum of three participation points and three graded points for that question.
In total, the clicker questions are worth 8% of your course grade. The fraction of this 8% you are awarded depends on the number of participation points and graded points you accumulate throughout the term. The following example illustrates precisely how your clicker grade will be calculated. Imagine that during the term I ask 12 Participation-Only Questions (of which you answer 8) and 40 Graded Questions (of which you answer 35, getting 30 right). In this case, your grade for the participation component of the clicker questions would be [(35 + 8)/(40 + 12)]/0.85 × 4% = 3.89% and your grade for the graded component of the clicker questions would be (30/40)/0.85 × 4% = 3.53%. (If either of these calculations results in a grade of more than 4%, the grade is reduced to 4%.) This would give you an overall grade of 3.89% + 3.53% = 7.42% for the clicker component of the course.
Calculating your grade in this way basically means you can skip (or provide incorrect answers to) up to 15% of the clicker questions throughout the term without penalty. This automatic 15% allowance is intended to deal with occasional situations that might legitimately prevent you from being able to answer some of the clicker questions; eg, forgetting to bring your clicker to class, your clicker’s batteries failing during a class, missing a class because of illness, and so on. As such, no additional adjustments or allowances will be made under any circumstances.
13 Schedule of Mylab Assignments
See the “Course Format”section for more details about the MyLab Assignments. There are two types of MyLab assignments: homeworks and quizzes. The following table lists all homeworks and all quizzes. It also provides the date each assignment will be available and date each assignment is due. All homeworks and quizzes must be submitted on the due date by 11:59 PM PST.
Week | Assignment | Topic | Prerequisite Reading | Available | Due |
1 |
Homework 0 | Getting to Know MyLab | Not Applicable | Sep 7 | Sep 12 |
Homework 1 | What Is Economics? | Chapter 1 | |||
Quiz 1 | What Is Economics? | Chapter 1 | |||
2 |
Homework 2 |
Graphing Data and Equations
of Straight Lines
|
Chapter 1 Appendix
& Mathematical Note
|
Sep 13 |
Sep 19 |
Quiz 2 |
Graphing Data and Equations
of Straight Lines
|
Chapter 2 Appendix
& Mathematical Note
|
|||
Homework 3 | The Economic Problem | Chapter 2 | |||
Quiz 3 | The Economic Problem | Chapter 2 | |||
3 |
Homework 4 | Demand and Supply | Chapter 3 |
Sep 20 |
Sep 26 |
Quiz 4 | Demand and Supply | Chapter 3 | |||
Homework 5 | Demand and Supply Equations | Chapter 3 Appendix | |||
Quiz 5 |
Demand and Supply Equations | Chapter 3 Appendix | |||
4 |
Homework 6 | Elasticity | Chapter 4 |
Sep 27 |
Oct 3 |
Quiz 6 | Elasticity | Chapter 4 | |||
5 |
Homework 7 | Efficiency and Equity | Chapter 5 |
Oct 4 |
Oct 10 |
Quiz 7 | Efficiency and Equity | Chapter 5 | |||
6 |
Homework 8 | Government Actions in Markets | Chapter 6 |
Oct 11 |
Oct 17 |
Quiz 8 | Government Actions in Markets | Chapter 6 | |||
7 |
Homework 9 | Global Markets in Action | Chapter 7 |
Oct 18 |
Oct 24 |
Quiz 9 | Global Markets in Action | Chapter 7 | |||
8 |
Homework 10 | Output and Costs | Chapter 10 |
Oct 25 |
Oct 31 |
Quiz 10 | Output and Costs | Chapter 10 | |||
9 |
Homework 11 | Perfect Competition | Chapter 11 |
Nov 1 |
Nov 7 |
Quiz 11 | Perfect Competition | Chapter 11 | |||
10 | N/A | Midterm Break | Midterm Break | N/A | N/A |
11 |
Homework 12 | Monopoly | Chapter 12 |
Nov 15 |
Nov 21 |
Quiz 12 | Monopoly | Chapter 12 | |||
12 |
Homework 13 | Oligopoly | Chapter 14 |
Nov 22 |
Nov 28 |
Quiz 13 | Oligopoly | Chapter 14 | |||
13 |
Homework 14 | Externalities | Chapter 15 |
Nov 29 |
Dec 5 |
Quiz 1 | Externalities | Chapter 16 |
14 Assessment
The following weighting scheme will be used to compute your overall grade for the course:
Clicker Questions: 8%
MyLab Homeworks and Quizzes 11.2%
Midterm 1: 16%
Midterm 2: 20%
Final Exam: 44.8%
The midterm exams and final exam are comprehensive; i.e., they may examine any material covered between the start of the course and the date of the exam. You must get at least 45% on the Final Exam to pass the course.
In accordance with the grading policy of Vancouver School of Economics for 100-level courses, the average grade for this course will be between 67% and 71%. Grades may be curved upwards or downwards to ensure compliance with this policy.
14.1 Exams
This course has two midterm exams and one final exam.
You will have three exams in this course: two midterm exams and one final exam. All three exams have the same basic format and will consist of a series of multiple-choice questions administered through canvas (as a canvas quiz). The number of questions will depend on the question difficulty. Exam questions may relate any of the course material including the textbook readings, the asynchronous video lectures, material presented and/or discussed in the weekly synchronous sessions, practice exercises posted in Canvas and the MyLab homeworks and quizzes.
The two midterm exams and final exam are comprehensive, i.e., they may examine any material covered between the start of the course and the date of the exam.
The exams will be invigilated using Zoom and LockDown Browser. This method involves students use two devices, one for writing the Canvas exam with Lockdown browser and a secondary device for Zoom that shows the student workspace (i.e., students write the Canvas Quiz on a computer and have Zoom open on their phone). This requires students to setup their workspace properly, and have access to a second device to be used for Zoom monitoring. More details about the process used to invigilate the exams will be provided in Week 2 of the course.
15 Class Policies
15.1 Missed Synchronous Sessions
You are strongly encouraged to attend all Monday synchronous sessions with the course instructor and all of your synchronous discussions. If you miss one of the synchronous sessions for any reason, you must obtain the material you missed from another student in the course. Your instructor and TA are both teaching large numbers of students this term and dealing with a range of other responsibilities, so they cannot provide personal make-up instruction to students who miss any of the synchronous sessions.
15.2 Missed Exams
There are no make-up midterm exams. If you miss a midterm, you must obtain an Academic Concession or you will receive a grade of zero. You must contact Arts Advising as soon as you are aware you may need an in-term concession. Please review their website for concession criteria as well as the process to follow. If you are apply for and are granted an academic concession, please inform the course instructor.
The date and time of the final exam is determined by UBC Classroom Services and not by the course instructor. The schedule for the final exams is usually finalized and published about half way through the term. You must write the final exam as scheduled.
15.3 Email Communication
All course-related emails must be sent via the Canvas Inbox. Using the Canvas Inbox to communicate with me about course-related matters helps me stay organized and ensures that I respond to your emails in a timely manner.
When communicating with me by email, please keep the following in mind:
● I always strive to be respectful and courteous when communicating with my students (by email or in person) and I expect the same in return. As such, I only respond to courteous emails that contain an appropriate salutation (eg, Hello Professor Chapple, Hi Clive, etc.) and an appropriate closing (eg, Best regards...Your Name, Cheers...Your Name, etc.)
● I typically do not respond emails after 7:00 pm PST on weekdays or on weekends. With the exception of weekends and university closures, I will do my best to respond to all emails within 48 hours.
● Some questions are difficult and time-consuming to answer by email. If you ask such a question by email, I may suggest we discuss the matter in person either during office hours.
● I will not reply to any course-related emails sent to [email protected].
16 Academic Integrity and Accommodation for Students
16.1 Academic Integrity
The academic enterprise is founded on honesty, civility, and integrity. As members of this enterprise, all students are expected to know, understand, and follow the codes of conduct regarding academic integrity. At the most basic level, this means submitting only original work done by you and acknowledging all sources of information or ideas and attributing them to others as required. This also means you should not cheat, copy, or mislead others about what is your work. Violations of academic integrity (i.e., misconduct) lead to the breakdown of the academic enterprise, and therefore serious consequences arise and harsh sanctions are imposed. For example, incidences of plagiarism or cheating may result in a mark of zero on the assignment or exam and more serious consequences may apply when the matter is referred to the Office of the Dean. Careful records are kept to monitor for and prevent recurrences. A more detailed description of academic integrity, including the University’s policies and procedures, may be found in the UBC Calendar: Student Conduct and Discipline.
16.2 Academic Accommodation for Students with Disabilities
The University of British Columbia recognizes its moral and legal duty to provide academic accommodation. The University must remove barriers and provide opportunities to students with a disability, enabling them to access university services, programs, and facilities and to be welcomed as participating members of the University community. The University’s goal is to ensure fair and consistent treatment of all students, including students with a disability, in accordance with their distinct needs and in a manner consistent with academic principles. The University will provide academic accommodation to students with disabilities in accordance with the British Columbia Human Rights Code, R.S.B.C. 1996, c. 210 and the Canadian Charter of Rights and Freedoms, Part I of the Constitution Act, 1982, being Schedule B to the Canada Act 1982 (U.K.), 1982, c. 11. Provision of academic accommodation shall not lower the academic standards of the University. Academic accommodation shall not remove the need for evaluation and the need to meet essential learning outcomes. Students with a disability who wish to have an academic accommodation should contact Centre for Accessibility without delay (see UBC Policy 73).
16.3 Conflicting Responsibilities
UBC recognizes that students may occasionally have conflicting responsibilities that affect their ability to attend class or examinations. These may include: representing the University, the province or the country in a com-petition or performance; serving in the Canadian military; or observing a religious rite. They may also include a change in a student’s situation that unexpectedly requires that student to work or take responsibility for the care of a family member, if these were not pre-existing situations at the start of term.
Students with conflicting responsibilities have a duty to arrange their course schedules so as to avoid, as much as possible, any conflicts with course requirements. As soon as conflicting responsibilities arise, students must notify either their instructor(s) or their Faculty Advising Office (e.g. Arts Academic Advising), and can request academic concession. Instructors may not be able to comply with all such requests if the academic standards and integrity of the course or program would be compromised.
Varsity student-athletes should discuss any anticipated and unavoidable regular-season absences with the in-structor at the start of term and provide notice of playoff or championship absences in writing as soon as dates are confirmed.
Religious observance may preclude attending classes or examinations at certain times. In accordance with the UBC Policy on Religious Holidays, students who wish to be accommodated for religious reasons must notify their instructors in writing at least two weeks in advance. Instructors provide opportunity for such students to make up work or examinations missed without penalty.
17 Policies and Resources to Support Student Success
UBC provides resources to support student learning and to maintain healthy lifestyles but recognizes that sometimes crises arise and so there are additional resources to access including those for survivors of sexual violence. UBC values respect for the person and ideas of all members of the academic community. Harass-ment and discrimination are not tolerated nor is suppression of academic freedom. UBC provides appropriate accommodation for students with disabilities and for religious and cultural observances. UBC values academic honesty and students are expected to acknowledge the ideas generated by others and to uphold the highest academic standards in all of their actions. Details of the policies and how to access support are available here (https://senate.ubc.ca/policies-resources-support-student-success).
2021-09-14