Class Schedule
Monday, October 22
No Class: Day 7
Tuesday, October 23
Class Lecture: Chapter 4.3 - Shifts in Demand
Class Activity: Shifts in Demand Practice Problems; Hire a Grader
Wednesday, October 24
No Class: PSAT Day
Thursday, October 25
Class Lecture: Chapter 5.1 & 5.2 - Supply & Sifts in Supply
Friday, October 26
Class Activity: Shifts in Supply Practice Problems
Class Activity: Short Run Supply with Blankets
Class Lecture: Chapter 5.3 - Short Run Supply
Problem Sets & Homework
Greed and The Big One Essay - Due October 22
Chapter Four Problem Set - Due Thursday, October 25
Section 4.1 - #1, 3-4, 6
Section 4.2 - #1-5
Section 4.3 - #1-5 (for each section in #5, draw a separate demand curve)
Elasticity of Demand Question (on back of problem set handout)
Chapter Five Problem Set - Due TBA
Section 5.1 - #1-4 (use the mid-point method for #4)
Section 5.2 - #1-4 (draw a separate supply curve for each part of #4)
Section 5.3 - #1-4