|
Economics 1 -
Fall 2007
Schedule of
Events
|
| Date
|
Place |
Subject
|
Preparation |
| Fri, Sept 28 |
Campbell | Introduction | |
| Sept 27, 28 |
Section | Organizational Meeting |
|
| Mon, Oct 1 |
Campbell |
Introduction to Economic Thinking |
Read McAfee, Ch 1 (What is Economics?) |
| Wed, Oct 3 |
Campbell | Demand Curves |
Read McAfee Ch 2, section 2.1.1 |
| Oct 3-5 |
Section |
Experiment 1: Supply and Demand | Read instructions for Exp 1 before class |
| Fri, Oct 5 |
Campbell | Supply and Demand |
Read Bergstrom-Miller Ch 1 |
| Mon, Oct 8 |
Campbell | Market Equilibrium |
Bergstrom Miller: App.A.1 (pp 401-402) McAfee: Ch 2.2 |
| Wed, Oct 10 |
Campbell | Comparative Statics and Elasticity |
Bergstrom-Miller: App A..2-A.4 (pp 403-416) McAfee: Ch 2.3 and 2.4 |
| Oct 10-12 |
Section | Experiment 2: Shifting Supply Curves |
Read instructions for Exp 2 before class. Turn in Exp. 1 homework. |
| Fri, Oct 12 |
Campbell | Shifting Supply Curves |
Read Bergstrom-Miller, Ch 2 |
| Mon, Oct 15 |
Campbell | Shifts in Demand | |
| Wed, Oct 17 |
Campbell | TBA | |
| Oct 17-19 |
Section | Experiment 3: Sales Tax |
Read instructions for Exp. 3 Turn in Exp. 2 homework. |
| Fri, Oct 19 |
Campbell | Sales Tax |
Read Bergstrom-Miller, Ch 3 |
| Mon, Oct 22 |
Campbell | Excess
Burden of a Tax |
Read
McAfee, Ch 6.1 |
| Wed, Oct
24 |
Campbell | First
Quiz |
Covers all material to date |
| Oct 24-26 |
Section |
Experiment 5: Minimum Wage |
Read instructions for Exp. 5 Turn in Exp. 3 homework |
| Fri, Oct 26 |
Campbell | Marginal and Average Product |
Read Bergstrom-Miller Ch 5 |
| Mon, Oct 29 |
Campbell |
Minimum Wage and Unemployment |
Read McAfee. Ch 6.2 |
| Wed, Oct 31 |
Campbell | Price Ceilings and Floors |
|
| Oct 31-Nov 2 |
Section |
Experiment 8: Entry and
Exit |
Read instructions for Exp 8. Turn in homework for Exp 5. |
| Fri, Nov 2. |
Campbell |
Cost Curves |
Read Bergstrom-Miller Chap 8. |
| Mon, Nov 5 |
Campbell |
Entry and Exit of Firms |
|
| Wed, Nov 7 |
Campbell |
Monopoly |
Read Bergstrom Miller Chap 7. |
| Nov 7-9 |
Section |
Experiment 7: Monopoly and Oligopoly | Read
instructions for Exp.
7 Turn in homework for Exp. 8 |
| Fri,
Nov 9 |
Campbell | Monopoly
and Oligopoly |
Read McAfee Chap 6.5 |
| Mon, Nov 12 |
University Holiday: No class |
|
|
| Wed, Nov 14 |
Campbell |
Cartels and Price Discrimination |
|
| Nov 14-16 |
Section | Experiment 6:
Externalities |
Read instructions for Exp.
6 Turn in homework for Exp. 7 |
| Fri, Nov 16 |
Campbell | Externalities | Read Bergstrom-Miller, Chap 6 |
| Mon,
Nov 19 |
Campbell |
Second
Quiz |
Covers
all previous material |
| Wed, Nov 21 |
Campbell | Pollution and Externalities |
Read McAfee, Chap 6.3 |
| Nov 21-23 |
|
Sections will not meet, but there will be a lecture
at regular time on Weds. |
|
| Nov
22-23 |
Thanksgiving
Holiday |
||
| Mon , Nov 26 |
Campbell | More on Externalities | |
| Wed , Nov 28 |
Campbell | Comparative Advantage |
Read Bergstrom-Miller, Chap 11 |
| Nov 28-30 |
Section |
Exp 11: Comparative Advantage |
Read instructions for Exp 11: Turn in homework for Exp 6. |
| Fri, Nov 30 |
Campbell | More on Comparative Advantage |
Read McAfee, Chap 2.6 |
| Mon, Dec 3 |
Campbell |
International Trade |
|
| Wed, Dec 5 |
Campbell |
Adverse Selection |
Read Bergstrom-Miller Chap 12 |
| Dec 5-7 |
Section | Experiment 12 Adverse Selection |
Read instructions for Exp. 1 |
| Fri, Dec 7 |
Campbell | Adverse Selection |
Read McAfee, Ch 6.6.1 |
| Fri, Dec
14 12-3 pm |
|
Final
Exam Covers entire course |