Economics 100B 
Intermediate Economic Theory
Welcome to the Economics 100B Website. Here you will find the course
syllabus,
a schedule of lessons, homework and examinations, and some bits of
advice.
Students in this class will be expected to check this site
regularly.
We will routinely use this site for posting announcements and answering
questions.
Office: North Hall 2052
Office Hours: Thursday, 3-4:30
and by appointment.
Email: tedb@econ.ucsb.edu |
Course Introduction
Click
Here to Learn the Ground Rules for Econ 100B
Click
here to sign up for Aplia Homework Required! Homework scores
count toward your grade. Each week's homework is due Sunday
night. Starting this week. See Ground Rules
discussion
for more about this.
Click here to find out about Classroom
Clicker Required! Regular in-class
questions also count toward your grade. See Ground
Rules discussion
Course Schedule
Click
Here to See the Course Schedule
Check here for Announcements
April 30 Quizzes have now been graded. To find your
score, click on Calvin below.
May 2.. Click here to find questions
about the results from the IPOD survey and an Excel file with
these results.
At this site you will also find results from a similar survey conducted
in an Econ 1 class.
May 17. Click here to see the
results of our in class oligopoly experiment. In each case,
the inverse demand curve has equation P=12-Q1-Q2
May 18. A news
story on what can happen to colluders. More information about
the Christies-Sotheby collusion case.
Results of Oil Field Auction
Preparation for Private Value Auction
with Reserve Price
We will run this auction at the beginning of class on Tuesday. I
suggest that you read the rules and figure out what you would do
if you were the seller. I will be paying randomly selected groups
their winnings in actual dollars.
.
Scantron Sheets
For midterms and the final, you need to bring Parscore
scantron sheets to class. They are called Form F-1712 and
are
available at the bookstore and at the Arbor. Do not get
your
scantron sheet crumpled and torn. Damaged sheets don't go through the
machine
properly and may cost you points on your quizzes.
Check here for Additional Readings
You are expected to read this material, unless it is listed
as optional
For Chapter 17 Why Wall
Street Hates IPO auctions . A second article on the same topic
Answers to Quizzes and Grade
Distribution
Grade ranges and answers for Quiz 1
Copy of Quiz 1, Form A, True-False and Multiple
Choice
Check with Calvin, below, to find your score.
Your Clicker Scores
Click on Calvin and
Hobbes to check whether your clicker is working properly.
If you have a properly registered clicker, your name will appear on the
list below. The two columns show the number of times your clicker
was read. If you clicked every time, you should have a 6 in the first
column and a 2 in the second column. We believe that some of the
clickers are not reading reliably. I have been talking to
the manufacturer about this. They are extremely eager to figure
out what is going wrong and how to fix it. We will not be counting
clicker scores toward your grades until this problem is resolved.
In the meantime, it would be helpful if you let me know whether
you got credit for the proper number of clicks The manufacturer would
especially like to know if your clicker wasn't read even though you got
a green flash when you clicked.
Your Score on Quizzes
Quiz 1 scores are now available. To find your score, click on
the picture below, then
type
your perm number in the space where it is requested.
Office Hours of TAs and Instructor
Ted Bergstrom
North Hall 2052 Office hours:
Thursday 3-4:30 pm in my office and by appointment.
Section
Times
Office Location Office
Hours
Oddgeir Ottesen
You can address an e-mail message to either of us by clicking the name.
Lecture Slides
Some people have expressed the wish that they could see copies of the
lecture
notes because they weren't able to write everything down. It is
not
important to write everything down. What you should do is to pay
attention to the class discussion and try to understand as much as you
can during the discussion. I believe you will be better off reading the
textbook carefully and working problems than trying to memorize the
lecture
notes. But for those of you who really, really want lecture
notes, here are some notes. These notes are similar to but by no means
identical to the classroom lectures.
Chapter
17, Auctions
April 16--Auction Lecture
Chapter
18, Technology
Chapter
19, Profit Maximization
Chapter
20, Cost Minimization
Chapter
21, Cost Curves
Chapter
22, Firm Supply
Chapter
23, Industry Supply
Chapter
24, Monopoly
Chapter
25, Monopoly Behavior
Chapter
26,. Factor Markets
Chapter
27, Oligopoly
Chapter
28, Game Theory
Chapter
33, Externalities
Study Aids and Features
Economics
in Practice Interesting case studies related to your text, indexed
by chapter.
Economics in
Action
Articles from the Wall Street Journal dealing with topics
specifically
covered in class.
The Iowa Electronic Market.
An actual contingent-commodity market in which the contingencies are
outcomes
in political elections or events in the business world. If you
want
to speculate with some real money, the website explains how you can buy
and sell contingent commodities in this market.
The UBC Election Stock Market
A contingent-commodity market on political outcomes in the Great White
North. (home of the McKenzie brothers, Wayne Gretzky,
and Professor Garratt)
News Items
Varian's
Book inspires UCSB grad's Science Fiction
Need a Little Study Break?
Visit Calvin and
Hobbes