| Week |
Topic |
Reading and Assignments |
|
September
24 |
Introduction
to the economic problem
 | Definitions |
 | Issues |
|
Francis
(F)
1
Mankiw (M):
Ch 1
Reading One
|
|
September
29 |
Economic Systems
Methods and Assumptions of
Economic Analysis
 | Economic Models |
 | Production Possibilities |
|
F: 2
M: Ch 2
|
|
October
6
|
Adam Smith and Rational Self-interest
Trade and Productive
Efficiency
|
F: 3,
4 & 5 M:
Ch 3
|
|
October
13 |
The Market System and
Trade
 | Comparative and absolute advantage |
 | Gains from trade |
 | Efficiency |
 | Consequences of trade |
Exam 1 October 14
Market Analysis
 | Supply |
|
M: Ch 3
Notes
for exam 1
After Exam M: 4 |
|
October
20 |
Market
Analysis
 | Demand
|
 | Equilibrium
|
|
M: 4
|
|
October
27 |
No Class October 27
Market Analysis
 | Elasticity |
 | Government Policy in the market place. |
|
M: 5
& 6
|
|
November
3
|
Exam 2
November 3 Competitive Markets
and Efficiency
Analytical Frameworks
 | Neoclassical |
 | Structuralist |
 | Keynesian |
|
Outline
for Exam 2
After Exam
M: 7
F: 6
|
|
November
10
|
No Class November 11
Market Failures and Government
intervention
 | Public Goods |
 | Externalities |
 | Resource
Pricing |
|
M:10
& 11,
19 & 20 F: 7 & 8
|
|
November
17 |
Market Failures and Government
intervention
 | Economic Discrimination |
 | Equity & Income Redistribution |
Exam 3
November 20
The Theory of the Firm
 | Production function |
 | Cost |
 | Graphical Analysis |
 | Spreadsheet analysis |
|
M: 19 & 20
Outline for exam 3
After exam
13
|
|
November
24 |
The Competitive Market
 | Profit |
 | Marginal analysis |
No Class November 27 & 28
|
F: 9
M:
14
|
|
December
1 |
Monopoly Market
Structure
 | Behavior |
 | Inefficiencies |
 | Price discrimination |
 | Strategic Behavior |
Oligopoly
 | Strategic behavior |
 | Game theory |
Monopolistic Competition |
M
15, 16 & 17 |
| December
10 |
Final Exam:
8:30- Wed Dec
10 8:00 - 10:00
11:23- Wed Dec 10
11:00-1:00
|
Notes for Exam 4 |