Lecture Outline


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LECTURE CLASS DATE SUBJECT CHAPTER(S) 
and/or PAGES

1

Jan 16 Getting Started - Go Through Checklist
Jan 18  Introduction - Institutional Examples

2

Jan 23 Review of Econ 102 - Opportunity Cost 1

3

Jan 25 Review of Econ 102 - Supply and Demand 2

CONSUMER THEORY 

4

Jan 30 Commodity Space, Preferences pp. 67-86

5

Feb 1 Budget Constraint, Characterizing the Consumer's Optimum pp. 87-96

6

Feb 6 Utility Functions, Comparative Statistics Lecture Notes,       pp. 103-108 

7

Feb 8 Elasticity pp. 122-136, 163-166

8

Feb 13 More Comparative Statistics, Income and Substitution Effects pp. 109-121

9

Feb 15 Measuring the Benefits of a Price Change, Revealed Preference pp. 153-163, Lecture Notes

10

Feb 20 Labor Supply  pp. 493-503

11

Feb 22 Other Applications  pp. 147-153

12

Feb 27 Borrowing and Saving pp. 166-180
Mar 1 Review Session
Mar 6 Midterm  (Regular time and location)

13

Mar 8 Economics of Information pp. 186 - 199
Mar 10-18 Spring Break

14

Mar 20 Choice under Uncertainty and Insurance pp. 199 - 216

15

Mar 22 Anomalies 8

THEORY OF THE FIRM 

16

Mar 27 Externalities, Transactions Costs, What is a Firm? 17

17

Mar 29 Characterizing Technology  9

18

Apr 3 Cost 10

19

Apr 5 Profit Maximization pp. 346-358

MARKETS: COMPETITION, MONOPOLY, AND OLIGOPOLY
GAMES AND STRATEGIC BEHAVIOR 

20

Apr 10 Competitive Markets and Efficiency - Partial Equilibrium pp. 358-387

21

Apr 12 Competitive Markets and Efficiency - General Equilibrium 16

22

Apr 17 & 19 Monopoly, Price Discrimination, Regulation 12

23

Apr 24 Cartels, Prisoner's Dilemma, and Other Games pp. 454-457, ch. 7

24

Apr 26 Oligopoly Theory - Cournot, Bertand, and Stackelberg pp. 443-453

May 1 Review Session

May 4 COMPREHENSIVE FINAL EXAM 1:30-4:30 pm in regular classroom

 

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