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Agricultural Economics 1041
Applied Microeconomics

Fall Semester 2007, 3 Credit Hours
Waters Auditorium, 8:00 a.m. - 9:15 a.m. TR
Waters Auditorium, 3:30 p.m. - 4:45 p.m. TR
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Instructor: Jan L. Dauve
Office: 202 Mumford Hall
E-mail:
dauvej@missouri.edu
Office hours:
10:00-12:00 MW or by appointment
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Office Support: Melinda Poole
Office: 200 Mumford Hall
E-mail:
poolema@missouri.edu
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Aide (8 a.m. section):
Megan Twellman
Office: 200 Mumford Hall
E-mail:
mrtkb8@mizzou.edu
Office hours: To be
announced
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Aide (11 a.m. section):
Rebecca Windmann
Office: 200 Mumford
Hall
E-mail:
rmw8r5@mizzou.edu
Office hours:
To be announced
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Information Sources
- Textbook: We will be using a website as the textbook for this
class. The website is
www.amosweb.com.
- We will be using the Classroom Performance System (CPS).
Each student will need to purchase a response pad and register with
E-Instruction. The directions are in the package containing
the response pad (clicker) and will be posted on Blackboard.
- There will be a discussion most Tuesday nights from 6:00-8:00
p.m. in 133 Mumford (tentative). There will not be discussions
the Tuesday after exams.
- The previous years' exams are posted at
http://web.missouri.edu/~dauvej/studybank
- Grades and other information will be posted on Blackboard at
http://blackboard.missouri.edu
- Technology is great when used properly. Please turn off
or do not bring cell phones to class. A cell phone in
sight during a quiz or exam will force us to take the quiz or exam.
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Course Goals
Economics is about decision-making. Everything we do, or don’t
do, requires a decision. Economics provides practical
information to help us assess alternatives. The course
addresses consumer and producer decision analysis, producer goals
and profit optimization. We add markets, where mutually
beneficial exchange occurs. Being able to explain why
consumers, producers, corporations, environmentalists and
governments make the decisions they do can be valuable (and
frustrating). Decisions are not made randomly, even if
when we do not agree with them.
Microeconomic principles function as thinking tools. This course
focuses on using the tools rather than memorizing the "answer" to a
particular problem. As the decision making environment changes,
proper use of economic tools allow us to analyze issues objectively.
You should be able to organize alternatives and analyze current
situations for an individual or business. This provides a
starting point for effective decision making and better understanding
of the world around us.
Upon completing this course
you should....
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Know how prices are
determined
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Understand basic decision
making
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Be able to explain how
businesses make decisions
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Use economic thinking tools
to analyze a wide array of issues
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Academic Dishonesty
Students and faculty should be aware of the University's commitment
to prevent academic dishonesty.
Academic
honesty is fundamental to the activities and principles of a
university. All members of the academic community must be confident
that each person's work has been responsibly and honorably acquired,
developed, and presented. Any effort to gain an advantage not given
to all students is dishonest whether or not the effort is successful.
The academic community regards academic dishonesty as an extremely
serious matter, with serious consequences that range from probation to
expulsion. When in doubt about plagiarism, paraphrasing, quoting,
or collaboration, consult the course instructor.
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Special Needs
If you
have special needs as addressed by the Americans with Disabilities
Act and need assistance, please notify the Office of
Disability Services, A048 Brady Commons, 882-4696 or Jan Dauve.
Reasonable efforts will be made to accommodate your special needs.
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