This page contains all of the following resources for each class meeting:
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Content materials contains suggested readings, more details about assignments, math appendices, and other helpful resources. I suggest you view these before each class.
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Slides are “Xaringan” presentations in html that can be opened in any browser (You can find a downloadable PDF in each respective content page)
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Practice problems we work on together in class to prepare for homeworks and exams
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Assignments are listed with due dates
Please note that the lesson numbers, topics, and titles (e.g. 1.1) are my design, and do not match up with the textbook!
Relevant materials, if applicable will be posted before class meets and become colored links.
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| Preliminary Survey |
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| 1.1 — The Tools of Microeconomics |
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| 1.2 — Budget Constraint |
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| 1.3 — Preferences |
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| 1.4 — Utility Maximization |
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| Problem Set 1 due Mon Sep 13 |
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| 1.5 — Demand |
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| 1.6 — Income and Substitution Effects |
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| 1.7 — Price Elasticity of Demand |
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| Problem Set 2 due Mon Sep 20 |
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| Exam 1 Mon Sep 27 |
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| 2.1 — Production, Specialization, and Firms |
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| 2.2 — Production in the Short Run & Long Run |
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| 2.3 — Cost Minimization |
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| Problem Set 3 due Mon Oct 18 |
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| 2.4 — Costs of Production |
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| 2.5 — Short Run Profit Maximization |
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| 2.6 — Long Run Industry Equilibrium |
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| Problem Set 4 due Mon Oct 25 |
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| Exam 2 Wed Oct 27 |
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| 3.1 — The Supply and Demand Model |
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| 3.2 — Market Competition and Surpluses |
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| 3.3 — The Static Benefits of Markets: Welfare Economics & Market Failure |
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| 3.4 — The Dynamic Benefits of Markets: Entrepreneurship, Profits, & Prices |
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| 3.5 — Introduction to Political Economy |
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| Problem Set 5 due Mon Nov 22 |
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| 4.1 — Modeling Firms with Market Power |
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| 4.2 — Consequences and Sources of Market Power |
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| 4.3 — Pricing Strategies |
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| 4.4 — Monopolistic Competition and Oligopoly |
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| 4.5 — Contestable Markets and Wrap Up |
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| Problem Set 6 (Ungraded, Practice Only) |
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| Op-Ed due Mon Dec 6 |
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| Final Exam Mon Dec 13 |
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