Principles of Microeconomics - Spring 2016
WEEK ONE
1.
The first day of class served as an introduction to the course. Course materials included:
Homework for students who haven't taken macroeconomics and homework for students who have
Link to information on study trips
Optional: Short video on "A Career in Economics...It's Much More Than You Think!" Also see our textbook's section on "Why Study Economics?"
2.
On the second day of class, we discussed our first economic model, the production possibilities frontier.
Optional: Reading on killer seatbelts
WEEK TWO
3.
On the third day of class, we discussed the principle of comparative advantage.
4.
On the fourth day of class, we discussed the supply-and-demand model.
Guide to supply-and-demand model
WEEK THREE
5.
On the fifth day of class, we continued to discuss application of our supply-and-demand model.
Guide to price floors and ceilings
Interactive demonstration of supply-and-demand model
6.
On the sixth day of class, we'll discuss elasticities.
In-class activity and homework
WEEK FOUR
7.
On the seventh day of class, we'll start to discuss consumer theory.
Interactive demonstration on budget lines
8.
On the eighth day of class, we'll continue to discuss consumer theory.
Review sheet for first mid-term exam
Attendance, participation, and professionalism self-assessment
WEEK FIVE
9.
On the ninth day of class, we'll cover some new material and also review for our first mid-term exam.
10.
On the 10th day of class, we'll have our first mid-term exam.
WEEK SIX
11.
On the 11th day of class, we wrapped up our discussion of consumer theory.
12.
On the 12th day of class, we discussed labor supply theory.
Guided notes on labor supply theory
WEEK SEVEN
13.
On the 13th day of class, we started to discuss producer theory.
Guided notes on producer theory
14.
On the 14th day of class, we continued to discuss producer theory.
Review sheet for second mid-term exam
WEEK EIGHT
15.
On the 15th day of class, we reviewed for our second mid-term exam.
Slides with some other material
Slides with just review material
16.
On the 16th day of class, we had our second mid-term exam.
WEEK NINE
17.
On the 17th day of class, we discussed private and public goods, as well as positive and negative externalities.
WEEK TEN
18.
On the 18th day of class, we wrapped up our discussion of perfect competition and started to discuss monopoly.
First part of economic naturalist assignment
19.
On the 19th day of class, we discussed perfect competition, monopoly, and other forms of imperfect competition.
WEEK ELEVEN
20.
On the 20th day of class, you turned in and presented the first part of our economic naturalist assignment.
Second part of economic naturalist assignment
Homework due at the beginning of next class
21.
On the 21rst day of class, we wrapped up our discussion of oligopoly and also discussed monopolistic competition.
WEEK TWELVE
22.
On the 22nd day of class, we'll wrap up our discussion of producer theory.
23.
On the 23rd day of class, we were on our study trip to Geneva, Switzerland.
WEEK THIRTEEN
24.
On the 24th day of class, you turned in and presented the second part of your economic naturalist assignment.
25.
On the 25th day of class, we discussed behavioral economics.
Final attendance, participation, and professionalism self-assessment
WEEK FOURTEEN
26.
On the last day of class, we'll review of our final exam.