instructor: Paul Suozzo course: Microeconomics ECO2023

office: J(ustice)117 phone: 808-7425 email: suozzo_p@firn.edu -or- paulsuozzo@sjrcc.edu

office hours: 9:30-11:30 Wed., 10:30-11:30, Tues. & Thurs. 11-1 Mon, 3-5 Mon. & Wed.

background: 6th year at SJRCC, certified in h.s. math, M.A. in Economics & B.S. in Business

course objective: to familiarize students with basic concepts, market dynamics, inflation, eco. accounting, unemployment, business cycle, modeling, monetary & fiscal policy, and trade

text: Microeconomics by Krugman & Wells

grading: 80% from exam average excluding worst one plus 20% from attendance, 3 tardies will equal 1 absence

exams: 60% multiple choice questions, 30% short answer, and 15% essay- exams are based on lectures, not the text and will cover 2 chapters, no blatant guessing will be allowed

no graphing calculators during the exam or blatant guessing is allowed!!!!!!

make-ups: Students do not have the right to make-up missed exams and will be awarded 0% for each missed. However, please telephone the instructor as soon as you know that an exam will be missed and perhaps an arrangement can be made- after exams have been graded is too late!

attendance: Students must arrive before the scheduled start of class and stay the entire class to receive full credit. Students may leave class early only with instructor's prior permission and will be counted as tardy. Students who leave without permission will be asked to drop the class. Students may excuse themselves from class only for an emergency. Emergencies are rare and so any student who needs to excuse himself from class multiple times must present medical documentation to the instructor when such illnesses arise. The instructor has never excused himself from class.

schedule: lesson #1 intro., #2 supply & demand, #3 supply & demand extensions, #4 elasticity, #5 consumer theory, #6 production costs, #7 perfect competition, #8 monopoly, #9 game theory

notes: One learns by teaching! Student note taking is a fine opportunity to re-express the ideas discussed in class. Can you state the classroom topics in clearer terms? I challenge you! But please first start this process on paper. Also, the best time to start drawing graphs is when they are introduced in class- not during the exam.

decorum: Always bear in mind that you are one of 25 or even 30 persons sharing this room and all your actions should be cognizant of this fact. If the class as a whole cannot engage in a certain behavior (talking, snoring, tinkering with cell phones)- then no one can! Arrive to class early so that you may confer with your classmates and instructor. Sit up front to stay abreast of the lecture. Take notes and remember that they are your creation so take pride in them (they will pay-off come test time). If a question comes to mind, mull over it for a few seconds. If it persists, raise your hand and share it with the class- I am sure many other students will be pondering the same. At the conclusion of class, do not flee from the room as if this were high school. Get your money's worth and make the instructor keep on working.

advice: Do not miss any of the exams so that your dropped score is not 0%! Despite being a social science (history, politics, sociology), economics is a tough subject. Unlike other tough subjects (math, chemistry, physics), real economics is not taught in high school. So unless you have a flair for this subject, be prepared to work hard for a good grade.