Arik Levinson -- ECON 001 -- Lectures

Note: The pdf files under "lecture notes" contain a few key equations and graphs from class. If you print them out and bring them to class, you can avoid copying those during class and avoid potential transcription errors. They are not meant as a substitute for your own class notes. In no cases are they complete representations of the course material, and in most cases, they will not be comprehensible without your having attended class.

Course Schedule
Fall 2013

Date

Subject

Lecture notes and supplements

Parkin reading suggestions

8/28

Introduction
Scarcity and opportunity cost, PPFs

 

Skim: Ch. 1 & appendix.
Read: Ch.2 .
9/2 Labor Day -- no class
9/4 Demand and Supply   Ch. 3.
9/9 Market Equilibria   Ch. 6 .
9/11 Efficiency   Ch. 5.
9/16 Experiment #1 No lecture. Log onto Aplia.com from anywhere at your assigned class time. Be sure your Aplia registration is for the appropriate section.
9/18 Elasticities   Ch. 4.
9/23 Tax incidence   Ch. 6 .
9/25 Catch up and an application    
9/30 Household Choice   Ch. 9.
10/2 Midterm #1 [bring a pencil, a calculator, a 3x5 card with notes, and sit in your assigned seat]
10/7 Applications of household choice, income and substitution effects    
10/9 Firms, capital, and present discounted values   Ch. 18.
10/14 Columbus Day -- no class
10/16 Short run costs   Skim ch. 10. Read ch. 11.
10/21 Long run costs, market structure, and perfect competition   Ch. 11 (cont'd), ch. 12.
10/23 Monopoly   Ch. 13.
10/28 Imperfect competition   Ch. 15.
10/30 Game theory   Ch. 15.
11/4 Regulation, antitrust law   Ch. 15 continued.
11/6 Midterm #2 [bring a pencil, a calculator, a 3x5 card with notes, and sit in your assigned seat
11/11 Externalities and   Ch. 16.
11/13 Public goods   Ch. 17.
11/18 Natural Resources   Ch. 17.
11/21 Asymmetric information   Ch. 20.
11/25 Insurance -- application to health insurance reform in the U.S.    
11/27 Experiment #2. Note: this is the day before Thanksgiving break. You do not need to be on campus to participate in the experiment, so long as you have access to an Aplia-compatible computer connection.
12/2 Poverty and inequalty   Ch. 19.
12/4 International Trade   Ch. 7.
12/13, 4-6 pm

Final Exam
Bring: GU ID card, #2 pencil, calculator, 3x5 note card.