INSTRUCTOR'S NOTES |
These are the MS Word files that contain the notes followed by the
instructor during the lectures of
ECON 100.3 and ECON 100.4 for Fall 2008.
They are available to facilitate a better understanding of the material.
They are not the material of the course, they are based on it.
They won't be the sole subject of examination during midterm and/or final
exams.
If there is any discrepancy between the notes and the lectures or the
contents of the textbook the textbook and the lectures must be taken as
primary and most reliable sources of information. Any discrepancy should be
reported to the instructor. No discrepancy will be accepted as a
justification for examination results.
———— w ———— |
August: |
|
| 25th, Monday |
Course Presentation. Syllabus Discussion. |
| 26th, Tuesday |
Chapter 1.
Introduction. Ten Principles of Economics. |
| 28th, Thursday |
Chapter 2. Thinking
Like an Economist. The Circular Flow Diagram. |
| 29th, Friday |
Chapter 2. Thinking
Like an Economist. The Production Possibilities Frontier. |
|
September: |
|
| 1st, Monday |
Labor Day. University Closed. |
| 2nd, Tuesday |
Chapter 3.
Interdependence and the Gains From Trade. |
| 4th, Thursday |
Chapter 3.
Interdependence and the Gains From Trade.
Answer Key to Micro Homework n.1 |
| 5th, Friday |
Chapter 4. Demand. |
| 8th, Monday |
Chapter 4. Supply.
Equilibrium. |
| 9th, Tuesday |
Chapter 4. Supply
and Demand. Scenarios. |
| 11th, Thursday |
Chapter 5.
Elasticity and Its Applications. Measurement: Demand. Case Study. |
| 12th, Friday |
Chapter 5.
Elasticity and Its Applications. Measurement: Supply. Case Studies. |
| 15th, Monday |
Chapter 6. Supply,
Demand, and Government Policies. Price Controls.
Onion_Floor |
| 16th, Tuesday |
Chapter 6. Supply,
Demand, and Government Policies. Taxes. |
| 18th, Thursday |
Midterm Exam I. Chapters 1, 2, 3, 4,
5 and 6 |
| 19th, Friday |
Review of Midterm Exam I |
| 22nd, Monday |
Chapter 7.
Consumers, Producers, and the Efficiency of Markets. Consumer Surplus. |
| 23rd, Tuesday |
Chapter 7.
Consumers, Producers, and the Efficiency of Markets. Producer Surplus.
Efficiency. |
| 25th, Thursday |
Chapter 8.
Application: The Cost of Taxation. |
| 26th, Friday |
Chapter 9.
Application: International Trade. |
|
29th, Monday |
Chapter 10.
Externalities. |
| 30th, Tuesday |
Chapter 11. Public
Goods and Common Resources. |
|
October: |
|
| 2nd, Thursday |
Chapter 12. The
Cost of Production. Production and Cost. |
| 3rd, Friday |
Chapter 12. The
Cost of Production. Cost Curves. Short-run and Long-run. |
| 6th, Monday |
Chapter 13. Firms
in Competitive Markets. Profit Maximization. |
| 7th, Tuesday |
Chapter 13. Firms
in Competitive Markets. The Output Decision. The Shut-Down Decision. |
| 9th, Thursday |
Chapter 13
(*)Firms in Competitive Markets. The firm's cost curves: a practical
example. Practice. |
| 10th, Friday |
Fall Break Day. University Closed |
| 13th, Monday |
Chapter 14.
Monopoly. Profit Maximization. |
| 14th, Tuesday |
Chapter 14.
Monopoly. Welfare Loss. Regulation. Price discrimination |
| 16th, Thursday |
Chapter 14 (*) The
monopolist's cost curves: a practical example |
| 17th, Friday |
Midterm Exam II. Chapters 7, 8, 9,
10, 11, 12, 13 and 14 |
| 20th, Monday |
Review of Midterm Exam II |
| 21st, Tuesday |
Chapter 15.
Measuring a Nation's Income. Definition of GDP.
The Onion |
| 23rd, Thursday |
Chapter 15.
Measuring a Nation's Income. Components of GDP. Real vs. Nominal GDP. |
| 24th, Friday |
Chapter 16.
Measuring the Cost of Living. The CPI. Macro
Homework n.1. Answer Key |
| 27th, Monday |
Chapter 16.
Measuring the Cost of Living. Uses of CPI. |
| 28th, Tuesday |
Chapter 17.
Production and Growth. Productivity. |
| 30th, Thursday |
Chapter 17.
Production and Growth. Public Policy. |
| 31st, Friday |
Chapter 18. Saving,
Investment, and the Financial System. Financial Markets.
Mishkin |
|
November: |
|
| 3rd, Monday |
Chapter 18. Saving,
Investment, and the Financial System. Loanable Funds Market. |
| 4th, Tuesday |
Chapter 20.
Unemployment and Its Natural Rate. Measurement. |
| 6th, Thursday |
Chapter 20.
Unemployment and Its Natural Rate. Causes. |
| 7th, Friday |
Midterm Exam III. Chapters 15, 16,
17, 18, and 20 |
| 10th, Monday |
Review of Midterm Exam III |
| 11th, Tuesday |
Chapter 21. The
Monetary System. Monetary Aggregates. Money Creation. |
| 13th, Thursday |
Chapter 21. The
Monetary System. The Federal Reserve System. |
| 14th, Friday |
Chapter 22. Money
Supply and Interest Rates. |
| 17th, Monday |
Chapter 22. Money
Growth and Inflation. Costs of Inflation. |
| 18th, Tuesday |
Chapter 23.
Aggregate Demand. Long Run Aggregate Supply. |
| 20th, Thursday |
Chapter 23. Short
Run Aggregate Supply. Equilibrium. |
| 21st, Friday |
Chapter 24.
Monetary Policy. |
| 24th, Monday |
Chapter 24. Fiscal
Policy. |
| 25th, Tuesday |
Chapter 24.
Macroeconomic Stabilization.
Case Studies. Answer Key. |
| 26th, Wednesday |
Thanksgivings Recess. University Closed. |
| 27th, Thursday |
Thanksgivings Recess. University Closed. |
| 28th, Friday |
Thanksgivings Recess. University Closed. |
|
December: |
|
| 1st, Monday |
Midterm Exam IV. Chapters 21, 22,
23, and 24 |
| 2nd, Tuesday |
Review of Midterm Exam IV |
| 4th, Thursday |
EXTRA Chapter.
International Trade. |
| 5th, Friday |
EXTRA Chapter.
Exchange Rates. |
| 8th, Monday |
Reading Days. No Class. |
|
|
11th, Thursday
8:00AM-10:00AM |
Final Exam for ECON 100.3
Comprehensive. Chapters: 1 to 24, except 19. |
12th, Friday
8:00AM-10:00AM |
Final Exam for ECON 100.4
Comprehensive. Chapters: 1 to 24, except 19. |
| 19th, Friday |
Final Grades are due. |
