ECON 1000 Essentials of Economics

InstructorRob Szarka
OfficeMontieth 328
HoursMon/Wed 5:30-6:00 p.m. or by appointment
Emailrobert.szarka "at"

Course Description

From the course catalog:

A one-semester general introduction to micro- and macroeconomics. Economic concepts to be taught include opportunity costs, demand and supply, incentives, comparative advantage, inflation and employment policies, balanace of international payments, and economic growth.

For more information about economics as a major course of study, see the American Economic Association and the UConn Economics Department web sites.

Course Goals

At the end of this course, you should...

Course Texts

The only required text you'll need to buy is The Economic Way of Thinking 12th edition by Heyne, Boettke, & Prychitko (ISBN 978-0136039853). In addition to Amazon and other bookstores, both physical and electronic versions are available directly from the publisher. (I did not, however, order the book at the UConn Co-op.) We will cover nearly all of this text.


Final grades will be calculated using the following weights: 15% Class Participation, 35% Homework & Quizzes, 50% Final Exam

The final exam will take place during the last scheduled class meeting.

No make-ups will be given for missed quizzes or assignments. (Homework will be accepted via email if it is sent before class and in one of the following formats: PDF, ODF, LaTeX, HTML, or plain ASCII or UTF-8 text. Documents sent in a proprietary Microsoft format will be deleted unread.) On the other hand, I will drop the lowest 20% of your points on quizzes and assignments to allow for life's inevitable vicissitudes.

On the other hand, since we have a very small class, you should feel free to hand in short seminar papers on the assigned reading, worked-out problems from the text, etc., if you want to. Don't ask, just do it. I'll have time to look at them.

Class Participation

Due to the fast pace of the summer session, attending class is vital to your success. Also, some "homework" will be in the form of in-class exercises.

I will expect you to show up to class regularly (though life does occasionally make this a challenge), having completed the assigned reading and worked through any associated end-of-chapter problems. You should be ready to present your answers at the whiteboard. I will also pose short questions to the class or to specific students for follow-up in subsequent classes.

You're all adults and I'm confident you'll show me and one another respect by turning off your cell phone, setting your IM status to Away, keeping side conversations to a minimum, and disagreeing without being disagreeable.

Learning Disabilities

If you have a diagnosed learning disability and will need special arrangements for classes or exams, please bring me a letter from the Center for Students with Disabilities as soon as possible. No special consideration can be given without documentation.

Academic Integrity

From UCONN's Student Code:

A fundamental tenet of all educational institutions is academic honesty; academic work depends upon respect for and acknowledgement of the research and ideas of others. Misrepresenting someone else's work as one's own is a serious offense in any academic setting and it will not be condoned. Misconduct includes, but is not limited to, providing or receiving assistance in a manner not authorized by the instructor in the creation of work to be submitted for academic evaluation (e.g. papers, projects, and examinations); any attempt to influence improperly (e.g. bribery, threats) any member of the faculty, staff, or administration of the University in any matter pertaining to academics or research; presenting, as one's own, the ideas or words of another for academic evaluation; doing unauthorized academic work for which another person will receive credit or be evaluated; and presenting the same or substantially the same papers or projects in two or more courses without the explicit permission of the instructors involved. A student who knowingly assists another student in committing an act of academic misconduct shall be equally accountable for the violation, and shall be subject to the sanctions and other remedies described in The Student Code.
Enough said.


See the Tentative Schedule for assignment dates and links to readings.

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