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DATES |
TOPICS |
READINGS AND
ASSIGNMENTS (Acrobat
Reader) |
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Week 1 July 24, 26 |
Analyzing
Economic Problems
Demand and Supply
Analysis |
Text Reading:
Chapters 1, 2 and Mathematical Appendix Chapter 1
Lecture Analyzing Economic Problems (WORD) CHAPTER 2
LECTURE DEMAND AND SUPPLY ANALYSIS (WORD) Algebra
and Calculus Review - An
excellent review of the mathematics necessary for this course. THE
MATHEMATICS OF OPTIMIZATION (PPT) Problem Set 1 Assigned -
Due Date: August 7, 2022 |
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Week 2 July 31 August 2 |
Price Elasticity of Demand and Other
Elasticities Consumer Preferences
and the Concept of Utility |
Text Reading: Chapters 2
and 3 CHAPTER 2
LECTURE DEMAND AND SUPPLY ANALYSIS (WORD) The J-Curve (WORD)
J-Curve
Further Explained CHAPTER
3 LECTURE - CONSUMER PREFERENCES AND THE CONCEPT OF UTILITY (WORD) Problem Set 2 Assigned - Due Date: August 21, 2022 |
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Week 3 August 7, 9 |
Consumer Preferences
and the Concept of Utility Contd Consumer Choice |
Text Reading: Chapters 3 and 4 CHAPTER
3 LECTURE - CONSUMER PREFERENCES AND THE CONCEPT OF UTILITY (WORD) |
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Week 4 August 14, 16 |
Consumer Choice Contd Theory of Demand |
Text Reading: Chapters 4 and 5 Chapter 4 Lecture
Consumer choice (WORD) CHAPTER 5
LECTURE THEORY OF DEMAND (WORD) Problem Set 3 Assigned - Due Date: August 28, 2022 |
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Week 5 August 21, 23 |
Theory of Demand Contd |
Text Reading: Chapter 5 CHAPTER 5 LECTURE THEORY
OF DEMAND (WORD) Comparing the Hicks
and Slutsky Method (No Need to Download) |
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Week 6 August 28, 30 |
Intertemporal Choice General Equilibrium Review for Exam STUDY GUIDE 1 (Word) |
Text Reading: Chapter 16 Intertemporal Choice
(No Need to Download) Income
and Substitution Effects: Applications (No Need to Download) Chapter 16
Lecture - General Equilibrium Theory (PPT) Review for Exam |
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Week 7 September 4, 6 |
Exam 1 Risk and Information |
Exam 1 September 4, 2022 Text Reading: Chapter 16 CHAPTER 15 LECTURE rISK AND INFORMATION (WorD) Problem Set 4 Assigned - Due Date: September 18, 2022 |
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Week 8 September 11 (Fall break no class) September 13 |
Risk and Information Contd Inputs and Production Functions |
Text Reading: Chapters 6 and 7 CHAPTER 15 LECTURE rISK AND INFORMATION (WorD) |
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Week 9 September 18, 20 |
Inputs and Production Functions
Contd Costs and Cost Minimization |
Text
Reading: Chapters 6 and 7 CHAPTER 6
LECTURE INPUTS AND PRODUCTION FUNCTIONS (WORD) CHAPTER 7
LECTURE COSTS AND COST MINIMIZATION (WORD) Problem Set 5 Assigned - Due Date: October 2, 2022 |
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Week 10 September 25, 27 |
Cost Curves Perfect
Competition STUDY GUIDE 2 (Word) |
Text Reading: Chapters 8 and 9 CHAPTER 8 LECTURE COSTS
CURVES (WORD) Chapter 9
Lecture - PERFECTLY COMPETITIVE Markets (PPT) |
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Week 11 October 2, 4 |
Perfect Competition Cont Competitive Markets: Applications |
Text Reading: Chapters 9 and 10 Chapter 9
Lecture - PERFECTLY COMPETITIVE Markets (PPT) CHAPTER
10 LECTURE COMPETITIVE MARKETS: APPLICATIONS (WORD) |
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Week 12 October 9, 11 |
Exam 2 Monopoly |
Exam 2 October 9, 2022 Text Reading: Chapters 1 Chapter
11 Lecture Monopoly
(PPT) Problem Set 6 Assigned Due Date: October
27, 2022 NOT to be Handed in
Will go over in Recitation |
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Week 13 October 16, 18 |
Capturing Surplus Market Structure and Competition |
Text Reading: Chapter 12 and 13 Chapter 12 Lecture
Capturing Surplus
(PPT) CHAPTER
13 LECTURE MARKET STRUCTURE AND COMPETITION (WORD) |
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Week 14 October 23, 25 |
STUDY GUIDE (Word) Game Theory and Strategic
Behavior |
Text Reading: Chapter
14 Chapter
14 Lecture - Game Theory and Strategic Behavior (PPT) |
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Week 15 October 30 |
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Exam Period
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Final Exam Schedule |
Final Exam Date and Time: |