SOLUS is Queen’s Student On-Line University System. You’ll have access to a SOLUS account once you become a Queen’s student. You’ll use SOLUS to register for courses, add and drop courses, update your contact information, view financial and academic information, and pay your tuition.
An introduction to microeconomic analysis of a modern mixed economy. The course analyzes the behaviour of individual consumers and producers, the determination of market prices for commodities and resources, and the role of government policy in the functioning of the market system. ECON 111/3.0 and ECON 112/3.0 are together equivalent to ECON 110/6.0.
There are two main branches in Economics: Microeconomics and Macroeconomics. Economics courses are commonly divided into two sections to deal with "Micro" and "Macro" separately. Microeconomics (the subject of this course) by its name suggests that it is primarily concerned with the smaller economic agents - the consumer, the producer, the buyer, the seller, inputs, outputs, etc. Macroeconomics, on the other hand, is primarily concerned with the larger economic agents – governments, taxes, national income, inflation, monetary and fiscal policy.
Whether you take Micro or Macro as your first course in economics will not hinder your understanding of the material. However, it is generally accepted that if one has a strong understanding of the micro concepts, one will have a stronger appreciation and awareness of macroeconomics; because macroeconomics is in a sense, the "summation" of microeconomics.
|3 Online Quizzes||30%|
|Group Written Assignments (best 1 out of 2)||10%|
**Evaluation subject to change**
Note: Students will need to pass the final exam in order to pass the course.
Students must write their exam on the day and time scheduled by the University. The start time may vary slightly depending on the off-campus exam centre. Do not schedule vacations, appointments, etc., during the exam period
|PART I: INTRODUCTION|
PART II: SUPPLY AND DEMAND APPLICATIONS
|PART III: HOUSEHOLD DECISIONS|
|PART IV: PRODUCER THEORY|
|PART V: OUTPUT MARKETS|
|PART VI: THE GAINS FROM TRADE REVISITED|
|PART VII: INPUT MARKETS|
Textbooks and Materials
CDS reserves the right to make changes to the required material list as received by the instructor before the course starts. Please refer to the Campus Bookstore website at http://www.campusbookstore.com/Textbooks/SearchEngine/ to obtain the most up-to-date list of required materials for this course before purchasing them.
Students will obtain their lesson notes, assignments, and any supplementary material from the course Moodle site beginning the first day of term.
All the required readings for the course are contained in the textbook and its related website MyEconLab:
- Microeconomics, 14th Canadian Edition, W/MyEconLab by Ragan and Lipsey
Included with your text is a subscription to the MyEconLab site. This site contains many exciting features including self-testing facilities, video links, and a complete e-book.
This textbook has proven itself for many years and in many countries to be one of the best first year economics texts. It contains all of the material presented in a modern form with superb diagrams to aid the learning process.
- OPTIONAL: Study Guide to Accompany Fourteenth Canadian Edition: Microeconomics, by Christopher Ragan, Richard G. Lipsey
A course such as this on campus would have three lecture hours per week, usually with an assignment to follow. Students can expect to spend, on average, about 10 - 12 hours per week on the course.
Moodle is Queen's online learning platform. You'll log into Moodle to access your course. All materials related to your course—notes, readings, videos, recordings, discussion forums, assignments, quizzes, groupwork, tutorials, and help—will be on the Moodle site.
About Credit Units
Queen’s courses are weighted in credit units. A typical one-term course is worth 3.0 units, and a typical two-term course is worth 6.0 units. You combine these units to create your degree. A general (three-year) BA requires a total of 90 credit units.
To take an online course, you’ll need a good-quality computer (Windows XP/Vista/7, Pentium III, or Mac OS X 10.5, G4 or G5 processor, 256 MB RAM) with a high-speed internet connection, soundcard, speakers, and microphone, and up-to-date versions of free software (Explorer/Firefox, Java, Flash, Adobe Reader). See also Preparing For Your Course.
The deadlines for new applications to Queen’s Arts and Science Online courses are in our Dates and Deadlines section.
Tuition fees vary depending when you start, your year, faculty, and program. Fees for 2014-15 first-year Distance Career Arts & Science Canadian students are as follows: for a 3.0-unit course, $605.31; for a 6.0-unit course, $1210.62. See also Tuition and Payment.
The information below is intended for undergraduate students in the Faculty of Arts and Science. Academic Regulations in other Faculties may differ.
|Letter Grade||Grade Point|
Have your SOLUS grade report handy and then follow the link to the Arts and Science GPA calculators.
How does this affect my academics?
See the GPA and Academic Standing page.
Follow the link above for an explanation of how the GPA system affects such things as the Dean’s Honour List, requirements to graduate, and academic progression.
Frequently Asked Questions on the Grading Scheme
Please follow this link to the FAQ's
All textbooks can be purchased at Queen’s Campus Bookstore.
All Queen’s Arts and Science Online courses are open to students at other universities. Before applying as a visiting student, request a Letter of Permission from your home university that states that you have permission to take the course and apply it to your degree. See also Apply.
Please see Queen’s policy statement on academic integrity for information on how to complete an online course honestly.