Students will be enrolled in ECN 101: Introductory Microeconomics and earn three college credits in just two-weeks! This is a regularized undergraduate course delivered through classroom-based instruction and homework. The class may consist of both Summer College and undergraduate students.
This course introduces students to the principles of microeconomics and how these principles can be applied to current issues facing individuals and society today. Examine the individual choices of households and firms and the coordination of these choices in markets, and even apply them to your own life! This course establishes the foundation of modern Western economic thought.
The Economics program increased my knowledge of the subject matter tenfold. It really prepared me for my AP Econ this school year. – Summer College Economics student, 2018
Gain a firm understanding in microeconomics and be able to apply the following topics:
- Introduction to Economics: Scarcity, Opportunity Cost, Economics Models, Assumptions
- Modeling Individual Choice: Utility, Decision Rule, Present Value, Discount Rate, Risk
- Gains from Trade: Division of Labor, Gains from Trade, Absolute Advantage, Comparative Advantage
- Product Markets: Product Demand, Product Supply, Equilibrium, Demand Elasticities
- Competitive Markets: Revenue and Costs of the Typical Firm, Profit Maximization, Long-Run Competitive Equilibrium, Efficiency
- Markets for Factors of Production: Factor Markets, Factor Demand, Factor Supply
- Market Power and Market Failures: Examples of Market Power, Externality, Public Good, Solutions to Market Inefficiency
Learn more about ECN 101: Introductory Microeconomics:
Program Dates & Details
Session II: July 13 – July 26, 2019
Credit: 3 credits
Grading System: A-F
Students must be a minimum of 15 years of age by the orientation and move-in date. For full Summer College admission requirements, view the Admissions Overview and Eligibility page.
- Residential: $4,830*
- Commuter: $4,036*
*Please visit our Program Costs page for more detailed information. Program rates are subject to change and will be approved by the board of trustees in March.
This is an academically rigorous, college-level program. Students are expected to complete nightly homework assignments and actively participate in group projects. Students are expected to attend all classes every day, arrive on time, and meet all academic obligations. Free time will vary as each program is unique, as is the subsequent workload.
Students are expected to be on time for all scheduled events. Students are expected to bring an open mind and positive attitude to the learning process.
Students are typically in class from 1:00pm – 5:00pm, Monday – Friday.
When class is over, and on weekends, students can look forward to various Summer College trips and activities. Check out our Campus Activities page for more information!
Final Academic Obligation
Students are permitted to leave on Friday, July 26 after upon the completion of the last class. If students have any questions regarding their final academic obligation, we encourage them to reach out to their instructor. Please refer to the Move-Out page for important information regarding the checkout process.
Elizabeth Ashby, Assistant Professor of Economics (Non-Tenure Track), Syracuse University
Elizabeth Ashby earned her Ph.D. in Economics from Syracuse University in 2006. Upon completion of her doctoral studies, Elizabeth chose to remain at Syracuse, where she became a full-time teaching faculty member in the Department of Economics. In 2016, she received a Meredith Teaching Award for excellence in instruction and teaching innovation. In addition, she served as the Director of Undergraduate Studies in Economics from 2011 to 2015.
Elizabeth views economics as an important component of a liberal arts education. With more than 15 years teaching experience, Elizabeth has instructed several economics courses, such as ECN 301: Intermediate Microeconomics, ECN 302: Intermediate Macroeconomics, and ECN 431: Public Economics.