Course Code: PMC101
Term: Fall 2015
Open for Enrollment
Upon successful completion of this course, students will be able to:
In order to take this course you must:
√ Have access to a computer.
√ Have continuous broadband Internet access.
√ Have the ability/permission to install plug-ins or software (e.g., Adobe Reader or Flash).
√ Have the ability to download and save files and documents to a computer.
√ Have the ability to open Microsoft files and documents (.doc, .ppt, .xls, etc.).
√ Be competent in the English language.
√ Have read the Saylor Student Handbook.
Welcome to ECON101: Principles of Microeconomics! Below you will read pertinent information on this course, its resources, and its requirements.
Primary Resources: This course is comprised of a range of different free, online materials. In general, this course is built around the basic concepts in microeconomics. There are textbooks, videos, and self-quizzes to help you learn. The following resources are most prominently used:
Requirements for Completion: You are expected to read each unit and the assigned readings and videos provided. Throughout the course, there are quizzes which will enable you to properly frame the assigned material within the overall objectives for the unit and for the course. At the end of the final unit, there is a Final Exam that must be completed. Please note that you will only receive an official grade on your Final Exam. In order to “pass” this course, you will need to earn a 70% or higher on the Final Exam. Your score on the exam will be tabulated as soon as you complete it. If you do not pass the exam, you may take it again.
Time Commitment: This course should take you a total of 123.75 hours to complete. Each unit includes a “time advisory” that lists the amount of time you are expected to spend on each subunit. These should help you plan your time accordingly. It may be useful to take a look at these time advisories and determine how much time you have over the next few weeks to complete each unit and then set goals for yourself. For example, Unit 1 should take you 11.25 hours. Perhaps you can sit down with your calendar and decide to complete subunit 1.1 (a total of 3.25 hours) on Monday night; subunit 1.2 (a total of 3 hours) on Tuesday night, and so forth.
Tips/Suggestions: Economics uses a variety of ways to express ideas. As you study each concept, think about how you might explain the principle using math, words, and/or pictures. Consider how the graphs relate to the words and how much information is contained in them. Be sure to take notes as you go along because the final exam is comprehensive.
Principles of Microeconomics
Table of Contents: You can find the course's units at the links below.
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Principles of Microeconomics