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.
Lecture notes and supplements
Parkin reading suggestions
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
Bring: GU ID card, #2 pencil, calculator, 3x5 note card.