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Other · Richards College of Business · Economics

Intermediate Microeconomics

  • Fall 2021
  • Section N01
  • 3 Credits
  • 08/11/2021 to 12/10/2021
  • Modified 09/27/2021


The course develops models of the economic behavior of consumers, firms, and government. The topics include: supply and demand, competitive equilibrium and the role of prices in resource allocation, non-competitive market structures, game theory and strategy, externalities, public goods and public policy.


ECON 2105 and ECON 2106 and (MATH 1111 or MATH 1113 ) and Richards Col Upper Division RCUD

Contact Information

Instructor: Dr. Adrian Austin

The phone number listed above is my UWG office phone number. With the current COVID crisis, I am not in my office very often. Please call/text me at my cell number which is (770) 405-9639

Use CourseDen mail for all course related questions. All email will be answered within 1 business day.

Office Hours

  • Teleconference with Google Meet

Please call or email so that we can set up a mutually convenient time.

Meeting Times



The textbook for this class is Microeconomics And Behavior With Connect by RobertFrank

We will use the McGrawHill Connect portal for this textbook. Connect is embedded in CourseDen.

There are two ways to gain access to this portal

  1. You can buy access directly through Connect (this is what most students do).
  2. You can buy an access card. Access cards are available from the university bookstore.

Course Lectures

Available in the chapter folders on CourseDen


This course seeks to help you develop the tools necessary to analyze and investigate various economic problems. To do this we will expand the concepts that you learned in Principles of Microeconomics to develop richer, more flexible (and more complex) economic models.

The course is (necessarily) more quantitatively oriented than the introductory class (i.e. more mathematics). Graphs and pictures can provide insight, but the real power of economic analysis comes in calculating quantitative answers to economic problems.

For every economic problem, we shall look initially at the simplest case containing the fundamental issues. Second we will construct a model (using graphical and algebraic tools) that represents the fundamental issues. Then we shall solve the model to see what economic intuition we can derive from it. Finally we will expand the model to make it look more like the "real world." The goal is for the models to provide us with an intuitive explanation (and predictions) of the choices made by economic agents (consumers, producers, governments etc). (Learning Objectives 2.1, 4.1, 6.1, 6.2)

Note. A complete list of expected Learning Goals and Objectives can be found at the Richards College of Business web site.



Types of evaluations and related weights
Type Weight Topic Notes
Participation 10%
Homework 20%
SmartBook Exercises 10%
Midterm Exams 40%

There will be three midterms. The lowest score of the three midterms will be dropped. 

Final Exam 20%

The final exam is cumulative and will not be dropped.

We will use ProctorU for the final exam. Please see UWG's ProctorU page for details. I will post an announcement on CourseDen when ProctorU registration is open for our final.



Resulting grade and related performance levels
Grade Range Notes
A 90% to 100%

The overall course percentage will be rounded to the nearest digit.

B 80% to 89%
C 70% to 79%
D 60% to 69%
F less than 60%



The chapter Question and Answer discussions are an important component of the course. This is where most of the interaction between me and you (and the other students) will take place.

These discussions are the place where you can ask questions, answer questions, and engage in discussions about the material. My job is to respond to your queries as well as moderate the discussion and in this way my expertise in this area can be tailor-made to best meet your needs. The more you participate in the discussion forums the more you will get out of this class.

There are 12 Question and Answer Discussions (one for each chapter). They are on CourseDen.

You get 2% of your course grade for each Q&A discussion to which you make at least one credit earning post. You can get no more than 2% points for each Q&A discussion and no more than 10% points over the entire semester so you must post to at least 5 different Q&A discussions for full credit. Of course you are free to make as many posts as you would like, but once you have earned the maximum 10% points for Q&A discussions over the semester there are no extra points to be earned. A credit earning post can take one of three forms:

1. Question: A non-trivial question on the material or on a problem that you are having with a particular question. If you are posting a question start a new thread with “Question” as the first word in the title followed by a brief description that identifies the subject of the question. Feel free to post questions about the homework problems. Please don’t quiz your fellow students.


Question: Limit Pricing

2. Answer: You get credit if you are the first person to answer someone else’s question correctly or if you make a substantial addition to someone else’s answer. Your answer should contain an explanation. If you are answering someone else’s question please reply to the thread.

3. Comment: You get credit if you can come up with unique practical examples/uses for the material being covered in the Chapter. By unique I mean that it should not be an example that someone else has already posted. If you are posting a comment start a new thread with “Comment” as the first word in the title followed by a brief description that identifies the subject.


Comment: Prisoner’s Dilemma

Ask questions early so that you can expect an answer before assignments are due!


SmartBook is an unparalleled, intelligent learning system based on cognitive mapping that diagnoses students' knowledge of a particular subject then creates an individualized learning path geared towards student success in the course. It offers individualized assessment by delivering appropriate learning material in the form of questions at the right time helping students attain mastery of the content. As a student works within the system, SmartBook develops a personal learning path adapted to what the student has learned and retained. SmartBook is also able to recommend additional study resources to help the student master topics. You can find instructions for SmartBook here.

The SmartBook exercises can be found at the Connect portal. There are 12 exercises (one per chapter). The lowest two scores will be dropped.

SmartBook Exercises are due on Wednesdays at 11:59 PM.


There are 12 homework exercises

The lowest two homework scores will be dropped. 

Homework exercises are posted on Mondays and due the following Sunday at 11:59 PM


All Assignments are due at 11:59 PM EST. Since we drop the lowest two homework exercises, the lowest two SmartBook exercises and the lowest midterm, no extensions are permitted.

Item Date due
Chapter 1 SmartBook Wednesday, August 18, 2021
Chapter 1 Homework Sunday, August 22, 2021
Chapter 2 SmartBook Wednesday, August 25, 2021
Chapter 2 Homework Sunday, August 29, 2021
Chapter 3 SmartBook Wednesday, September 1, 2021
Chapter 3 Homework Sunday, September 5, 2021
Chapter 4 SmartBook Wednesday, September 8, 2021
Chapter 4 Homework Sunday, September 12, 2021
Chapter 5 SmartBook Wednesday, September 15, 2021
Chapter 5 Homework Sunday, September 19, 2021
Exam 1 Sunday, September 26, 2021
Exam 1 Extra Credit Sunday, October 3, 2021
Chapter 6 SmartBook Wednesday, October 6, 2021
Chapter 6 Homework Sunday, October 10, 2021
Chapter 8 SmartBook Wednesday, October 13, 2021
Chapter 8 Homework Sunday, October 17, 2021
Chapter 9 SmartBook Wednesday, October 20, 2021
Chapter 9 Homework Sunday, October 24, 2021
Chapter 10 SmartBook Wednesday, October 27, 2021
Chapter 10 Homework Sunday, October 31, 2021
Exam 2 Sunday, November 7, 2021
Chapter 11 SmartBook Wednesday, November 10, 2021
Chapter 11 Homework Sunday, November 14, 2021
Chapter 12 SmartBook Wednesday, November 17, 2021
Chapter 12 Homework Sunday, November 21, 2021
Chapter 13 SmartBook Wednesday, November 24, 2021
Chapter 13 Homework Sunday, November 28, 2021
Exam 3 Sunday, December 5, 2021
Course calendar and related activities
When Topic Notes
Final Exam
Friday December 10

We will use ProctorU for the final exam. Please see UWG's ProctorU page for details. I will post an announcement on CourseDen when ProctorU registration is open for our final.

Course Policies and Resources

You are expected to log on to CourseDen at least once a day.

Academic Dishonesty

Cheating on an exam will result in an F in the course.

College/School Policies

Wolf Pact

Having read the Honor Code for the University of West Georgia, I understand and accept my responsibility to uphold the values described therein and to conduct myself in a manner that will reflect the values of UWG and the Richards College of Business so as to respect the rights of all UWG community members. As a UWG student, I will represent myself truthfully and complete all academic assignments honestly and within the parameters set by my instructor.

I understand and accept that if I am found guilty of violations (through processes due me as a UWG student and outlined in the UWG Student Handbook), penalties will be imposed.

I also recognize that my responsibility includes a willingness to confront members of the UWG community if I feel there has been a violation of the Honor Code.  

Ultimately, I will conduct myself in a manner that promotes UWG as the best place to work, learn, and succeed for my generation, and those to come!

About the Richards College of Business

To become a globally recognized college of business preparing forward-thinking, responsible leaders.

We are in the business of transforming lives through education, engagement, and experiences.

Strategic Goals and Values

Student Success
Admit quality students and provide them with an education that is rich in experiences and engagement opportunities to prepare them to be effective and ethical professionals.

Academic Success
Recruit, retain and develop faculty and staff by providing sufficient resources to support dynamic and up-to-date bachelor and master-level curricula, to conduct research and other professional activities, and to support engagement with all stakeholders.

Operational Success
Recruit, retain and develop administrative management and staff personnel to manage, develop and support infrastructure and those activities that build internal and external partnerships while working in an ever-changing environment.

Ethical Values
The Richards College of Business community (administrators, faculty, staff, students, and business partners) share a commitment to the principles of honesty and integrity in interactions and undertakings, accountability for personal behavior, and respect for the rights, differences, and dignity of others. In addition, we strive to continuously improve our abilities to recognize unethical behavior and to make ethical and moral decisions.

Institutional Policies

Academic Support

Accessibility Services: Students with a documented disability may work with UWG Accessibility Services to receive essential services specific to their disability. All entitlements to accommodations are based on documentation and USG Board of Regents standards. If a student needs course adaptations or accommodations because of a disability or chronic illness, or if he/she needs to make special arrangements in case the building must be evacuated, the student should notify his/her instructor in writing and provide a copy of his/her Student Accommodations Report (SAR), which is available only from Accessibility Services. Faculty cannot offer accommodations without timely receipt of the SAR; further, no retroactive accommodations will be given. For more information, please contact Accessibility Services.

Center for Academic Success: The Center for Academic Success provides services, programs, and opportunities to help all undergraduate students succeed academically. For more information, contact them: 678-839-6280 or [email protected]

University Writing Center: The University Writing Center assists students with all areas of the writing process. For more information, contact them: 678-839-6513 or [email protected]

Online Courses

UWG takes students’ privacy concerns seriously: technology-enhanced and partially and fully online courses use sites and entities beyond UWG and students have the right to know the privacy policies of these entities. For more information on privacy and accessibility for the most commonly used sites, as well as technology requirements visit the UWG Online site.

Students enrolled in online courses can find answers to many of their questions in the Online/Off-Campus Student Guide.

If a student is experiencing distress and needs help, please see the resources available at the UWG Cares site. Online counseling is also available for online students.

Honor Code

At the University of West Georgia, we believe that academic and personal integrity are based upon honesty, trust, fairness, respect, and responsibility. Students at West Georgia assume responsibility for upholding the honor code. West Georgia students pledge to refrain from engaging in acts that do not maintain academic and personal integrity. These include, but are not limited to, plagiarism, cheating, fabrication, aid of academic dishonesty, lying, bribery or threats, and stealing. 

The University of West Georgia maintains and monitors a confidential Academic Dishonesty Tracking System. This database collects and reports patterns of repeated student violations across all the Colleges, the Ingram Library, and the School of Nursing. Each incidence of academic dishonesty is subject to review and consideration by the instructor, and is subject to a range of academic penalties including, but not limited to, failing the assignment and/or failing the course. Student conduct sanctions range from verbal warning to suspension or expulsion depending on the magnitude of the offense and/or number of offenses. The incident becomes part of the student’s conduct record at UWG.

Additionally, the student is responsible for safeguarding his/her computer account. The student’s account and network connection are for his/her individual use. A computer account is to be used only by the person to whom it has been issued. The student is responsible for all actions originating through his/her account or network connection. Students must not impersonate others or misrepresent or conceal their identities in electronic messages and actions. For more information on the University of West Georgia Honor Code, please visit the Office of Community Standards site.

UWG Email Policy

University of West Georgia students are provided a MyUWG e-mail account. The University considers this account to be an official means of communication between the University and the student. The purpose of the official use of the student e-mail account is to provide an effective means of communicating important university related information to UWG students in a timely manner. It is the student’s responsibility to check his or her email.

Credit Hour Policy

The University of West Georgia grants one semester hour of credit for work equivalent to a minimum of one hour (50 minutes) of in-class or other direct faculty instruction AND two hours of student work outside of class per week for approximately fifteen weeks. For each course, the course syllabus will document the amount of in-class (or other direct faculty instruction) and out-of-class work required to earn the credit hour(s) assigned to the course. Out-of-class work will include all forms of credit-bearing activity, including but not limited to assignments, readings, observations, and musical practice. Where available, the university grants academic credit for students who verify via competency-based testing, that they have accomplished the learning outcomes associated with a course that would normally meet the requirements outlined above (e.g. AP credit, CLEP, and departmental exams).

HB 280 (Campus Carry)

UWG follows University System of Georgia (USG) guidance:

You may also visit our website for help with USG Guidance:

Mental Health Support

If you or another student find that you are experiencing a mental health issue, free confidential services are available on campus in the Counseling Center. Students who have experienced sexual or domestic violence may receive confidential medical and advocacy services with the Patient Advocates in Health Services. To report a concern anonymously, please go to UWGcares.

ELL Resources

If you are a student having difficulty with English language skills, and / or U.S. culture is not your home culture, specialized resources are available to help you succeed. Please visit the E.L.L. resource page for more information.


The health and safety of our students, faculty, and staff remain the University of West Georgia’s top priority.

For the most recent information on coronavirus disease (COVID-19) visit:


Additional Items

This syllabus is subject to change. Any changes made to the syllabus will be posted to CourseDen.