|
Principles
of MICRO Economics ECN 221 |
Reading:
Schedule
(preliminary - changes may occur and will be announced in class and
in the following table): |
No |
Day | Book
Chapter |
Topics | Further
material |
1 |
Mon 23 June | (Mankiw chap. 1) |
Introduction
and “10 Principles of Economics” |
-
Welcome.ppt |
2 |
Tue 24 June | (Mankiw chap. 1) |
Introduction: Basic
problems; economic systems |
- Hierarchy
of goals in market economies - "Wall Street" (1987) @ Wikipedia; "Greed is good" speech on Youtube or a commented version with highlighted texts. |
3 |
Wed 25 June | 1 + 2 | Teams' Presentation about Mankiws "Ten Principles of Economics" Ch. 1: The Scope and Method of Economics Ch. 2: The Economic Problem: Scarcity and Choice |
Please use the online resources, tests and case studies on the book webpage |
4 |
Thu 26 June | 3 | Ch. 3: Demand, Supply, and Market Equilibrium |
|
5 |
Mon 30 June | 4 | Ch. 3: Demand, Supply, and Market Equilibrium - Brief review
++ your questions |
- "Wall Street" (1987) @ Wikipedia; "Greed is good" speech on Youtube or a commented version with highlighted texts. |
6 |
Tue 1 July | Test 1 |
- results_test_1_anonymous.pdf | |
7 |
Wed 2 July | Ch.
4: Demand and Supply Applications Part II: THE MARKET SYSTEM: CHOICES MADE BY HOUSEHOLDS
AND FIRMS |
||
8 |
Thu 3 July | 6 | Ch. 6: Household Behavior and Consumer Choice | |
9 |
Mon 7 July | 7 | Ch. 7: The Production Process: The Behavior of Profit- Maximizing Firms | -
The
production process - Functions of Competition |
10 |
Tue 8 July | 8 | Ch. 8: Short-Run Costs and Output Decisions |
|
11 |
Wed 9 July | 9 10 |
Ch. 9: Long-Run Costs and Output Decisions (briefly
/ only parts) |
|
12 |
Thu 10 July | Test 2 |
- Brief repetition
and your questions - Test 2 with 75 MC questions (chapters 4 to 8.1 ("Costs in the Short Run")) |
-
results_test_2_anonymous.pdf - aggregate results after tests 1 and 2.pdf |
13 |
Mon 14 July | 11 |
|
|
14 |
Tue 15 July | 12 | Ch. 12: General Equilibrium and the Efficiency of Perfect Competition |
|
15 |
Wed 16 July | 13 | Part III: MARKET IMPERFECTIONS AND THE ROLE OF GOVERNMENT Ch. 13: Monopoly and Antitrust Policy |
|
16 |
Thu 17 July | 14 | Ch. 14: Oligopoly |
-
Movie
"A
beautiful Mind" about John
F. Nash - "Split or Steal" and "From Stealing to Trust" |
17 |
Mon 21 July | 15 |
Ch.
15: Monopolistic Competition |
|
18 |
Tue 22 July | 16 17 |
Ch. 16: Externalities, Public Goods, and Social Choice Ch. 17: Uncertainty and Asymmetric Information |
|
19 |
Wed 23 July |
|
Ch. 18: Income
Distribution and Poverty Outlook: Part IV:
THE WORLD ECONOMY Summary
and YOUR QUESTIONS !!! |
Study
Abroad! |
20 |
Thu 24 July | Test 3 | Final Test with 75 MC questions (esp. chapters 8.2 ("Output Decisions ...") to 17, but also topics of general interest (10 principles, elasticities, ...) as specified in class). | -
results_test_3_anonymous - FINAL RESULTS after all three tests |
TEAMwork: (most of the teamwork will be assigned homework but some might take place in class).
Team: Date: |
(All
students) |
1 |
2 |
3 |
4 |
5 |
NAMES
of |
team members: | Dylan Maud James Ueki Kalen Vogler (Jonathan Mayo?) + Mason Angel |
Joseph Baxley Anna Fowlkes Amber Miller Jake Townsend |
Patrick Boyer Lena Brown Hailey Noufer Lauren Williams |
Gabrielle Ferguson Josh Harvey Timothy Robinson Lee Scott |
Dillon Caraway Bradford Ewing William Little Madison Parker |
Mon 23 June | no tasks, Mankiws "Principles" in class: |
1-2 |
3-4 |
5-6 |
7-8 |
9-10 |
Tue 24 June | Mankiw:
"Problems and Applications" |
14
(+1 ex. for 17) |
13
(+1 ex. for 17) |
12
(+1 ex. for 17) |
8
(+1 ex. for 17) |
3
(+1 ex. for 17) |
Further links:
Data Sources: