Class Schedule
Monday, March 23
No Class: Day 1
Tuesday, March 24
Class Activity: Review Exam; Auction an A; Munchkins and Utility
Class Lecture: Demand
Wednesday, March 25
Class Lecture: Elasticity of Demand
Class Reading: Sin Taxes & Elasticity of Demand
Class Activity: Predicting Elasticity
Thursday, March 26
Class Activity: Predicting Elasticity: The Midpoint Method
Friday, March 27
No Class: Day 5
Problem Set
4.1 - #1, 3-4, 7
4.2 - #1-5
4.3 - #1-4, 6 (draw a separate demand curve for each answer)
Elasticity of Demand Question
Problem Sets & Homework
Greed and The Big One Essay Question
Link to Online Video of Greed
http://www.youtube.com/watch?v=F0VHiONkot8&list=PL223E81BB54E143E6