ECON 2610H 02: Hon Principles Microeconomics

ECON 2610H - Honors Principles 1: Microeconomics

Fall 2026 Syllabus, Section 02, CRN 41548,

Credit hours: 3

Course Meeting Times

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Instructor

Albert Sumell

Email: ajsumell@ysu.edu

Public Instructor Information

Instructor Title:  Professor

Instructor Professional Qualifications:  

Ph.D., Economics, Georgia State University, 2005

M.A., Economics, Georgia State University, 2001

B.A., Economics, Salisbury University, 1999

Instructor Office Location:  WCBA 3376

Instructor Office Phone:  330-941-1678

Private Instructor Information

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Course Description

2610H. Honors Principles 1: Microeconomics. Introduction to the theory of markets, including the behavior of consumers and the conduct of private and public business enterprise. Effects of monopoly and competition on private and social welfare. The role of government in promoting the economic welfare of consumers, workers, and minorities. 3 s.h.

Course Readings

Group Title Author ISBN
Optional Principles for a Changing World Eric Chiang 9781319418243

Date     Topic    Class Readings            

8/24 – 8/31      What is Economics About?/Economic Research/Fundamentals               Chapter 1

9/02 – 9/09      Comparative Advantage and International Trade   Chapter 2

9/14 – 9/21      Supply and Demand Chapter 3        

9/23 – 10/05   Markets and Government      Chapter 4        

10/12 – 10/14 Elasticity           Chapter 5        

10/19 – 11/04 Firm Choice/Profit Maximization      Chapters 7 and 8        

11/09 – 11/16 Monopoly         Chapter 9        

11/18 – 11/23 Oligopoly and Game Theory Chapter 10     

The course readings are subject to change in the event of extenuating circumstances, research developments, current events, and/or to ensure better learning.  

Additional Course Materials

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Course Learning Outcomes/Objectives/Goals

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How to Succeed in This Course

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Attendance Expectations

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Late Work Submission Policy

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Additional Course Expectations

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Artificial Intelligence Policy Statement

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Assignments/Assessments

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Grading and Grading Scale

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University Policies

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Schedule of Topics and Assignments

Week of Reading(s) Proposed Topic Due/To Prepare for Class
8/24 Chapter 1 What is Economics About?
8/31 Chapter 1 Economic Fundamentals Pre-Class Assignments 1-2; Quiz 1
9/7 Chapter 2 Comparative Advantage Pre-Class Assignment 3; Quiz 2
9/14 Chapter 3 Supply and Demand Pre-Class Assignment 4
9/21 Chapter 3 How Markets Function Pre-Class Assignment 5; Quiz 3
9/28 Chapter 4 The Role of Government Pre-Class Assignment 6; Problem Set 1; Quiz 4
10/5 Study Guide Review and Midterm Exam Midterm Exam
10/12 Chapter 5 Price Elasticity Pre-Class Assignment 7
10/19 Chapter 7 Price Elasticity and Profit Maximization Pre-Class Assignment 8; Quiz 5
10/26 Chapter 8 Perfect Competition Quiz 6
11/2 Chapter 8 Long Run Conditions and The Invisible Hand Pre-Class Assignment 9
11/9 Chapter 9 Monopoly Power Pre-Class Assignment 10; Quiz 7
11/16 Chapter 10 Oligopoly and Game Theory Pre-Class Assignment 11
11/23 Chapter 10 Game Theory Quiz 8; Problem Set 2
11/30 No New Readings Honors Project Group Presentations Group Presentations
12/7 No New Readings Final Exam Final Exam

The course schedule, policies, procedures, and assignments in this course are subject to change in the event of extenuating circumstances, by mutual agreement, and/or to ensure better learning.