Course Descriptions & Syllabi

Course Descriptions & Syllabi

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Note: some or all of the courses in the subjects marked as "Transfer" can be used towards a transfer degree: Associate of Science and Arts or Associate of Engineering Science at DACC. Transferability for specific institutions and majors varies. Consult a counselor for this information.

Areas of Study | | CECN102 syllabus




COURSE NUMBER: CECN102
COURSE TITLE:Microeconomic Principles
DIVISION:Business
IAI CODE(S): S3 902
SEMESTER CREDIT HOURS:3
CONTACT HOURS:45
STUDENT ENGAGEMENT HOURS:135
DELIVERY MODE:In-Person, Online, Hybrid

COURSE DESCRIPTION:
An introduction to the principles of microeconomic theory.  Units of study will include scarcity, opportunity cost, supply, demand and elasticity.  The four types of market structure will be covered in respect to pricing and output decisions: perfect competition, monopoly, monopolistic competition and oligopoly.  A required course for Business and Accounting majors.

PREREQUISITES:
DEVR098, DEVM100

NOTES:

STUDENT LEARNING OUTCOMES:
Upon completion of this course, students will be able to:
  • Identify and examine theories, tools, and methods of economic analysis.
  • Critically analyze those aspects of human behavior, both individual and social, through which the economic problem is addressed.
  • Describe and critically analyze the different economic systems into which societies around the world organize themselves to deal with the economic problem.
  • Use course internet sources to examine issues related to economic problems and the tools used to analyze those problems.

TOPICAL OUTLINE:
  1. The Nature of Economics
  2. Scarcity and the World of Trade-offs
  3. Demand and Supply
  4. Extensions of Demand and Supply Analysis
  5. Demand and Supply Elasticity
  6. The Global Financial Environment of Business
  7. The Firm-Cost and Output Determination
  8. Perfect Competition
  9. Monopoly
  10. Monopolistic Competition, Oligopoly, and Strategic Behavior

TEXTBOOK / SPECIAL MATERIALS:
Economics Today, Miller, 18th edition, Pearson 2016.

See bookstore website for current book(s) at https://www.dacc.edu/bookstore

EVALUATION:

100-90% = A

  89-80% = B

  79-70% = C

  69-60% = D

  59-00% = F


BIBLIOGRAPHY:

STUDENT CONDUCT CODE:
Membership in the DACC community brings both rights and responsibility. As a student at DACC, you are expected to exhibit conduct compatible with the educational mission of the College. Academic dishonesty, including but not limited to, cheating and plagiarism, is not tolerated. A DACC student is also required to abide by the acceptable use policies of copyright and peer-to-peer file sharing. It is the student’s responsibility to become familiar with and adhere to the Student Code of Conduct as contained in the DACC Student Handbook. The Student Handbook is available in the Information Office in Vermilion Hall and online at: https://www.dacc.edu/student-handbook

DISABILITY SERVICES:
Any student who feels s/he may need an accommodation based on the impact of a disability should contact the Testing & Academic Services Center at 217-443-8708 (TTY 217-443-8701) or stop by Cannon Hall Room 103. Please speak with your instructor privately to discuss your specific accommodation needs in this course.

REVISION:
Fall 2019

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