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Readings for Econ 201
Readings are subject to
change. We will cover approximately two topics per class day. |
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1 |
Introduction to Economics, and
to Microeconomics
Mankiw, ch. 1 |
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2 |
Scarcity and Choice
Mankiw, ch. 2 and appendix
SG: ch. 1 multiple choice (MC): 1, 2, 3, 6, 19
ch. 2 Practice Problem 2
ch. 2 MC: 6, 7, 8, 10, 11, 12, 13, 14, 15, 16, 18 |
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3 |
Comparative Advantage, Markets and Demand
Mankiw, ch. 3; also pp. 63-71
SG: ch. 3 MC: 1, 2, 3, 4, 5
ch. 4 MC: 2, 5, 7 |
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4 |
Supply and Equilibrium
Mankiw, pp. 71-79
SG: ch. 4 MC: 8, 9, 10, 11, 12, 13, 20 |
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5 |
The Supply-Demand Model
Mankiw, pp. 79-84
SG: ch. 4 MC: 14, 15, 17, 19 |
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6 |
Introduction to Elasticity
Mankiw, pp. 89-93
SG: ch. 5 MC: 1, 2, 3, 4, 5, 6 |
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7 |
Elasticity Applications
Mankiw, pp. 93-99
SG: ch. 5 MC: 9, 10, 11
ch. 5 Practice Problems 1, 3 |
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8 |
Alternative Measures of
Elasticity
Mankiw, pp. 99-109
SG: ch. 5 MC: 7, 8, 13, 14, 15, 16, 17, 18, 19, 20
ch. 5 Practice Problem 5
ch. 5 Advanced Critical Thinking Problem |
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9 |
Government and the Market
Mankiw, ch. 6
SG: ch. 6 Practice Problem 2;
Advanced Critical Thinking Problem
ch. 6 MC: 1, 2, 3, 4, 5, 6, 7, 8, 9, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20 |
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10 |
Economic Efficiency
Mankiw, ch. 7
SG ch. 7 MC: 1, 2, 3, 4, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18,
19, 20 |
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11 |
Costs of Production
Mankiw, ch. 13
SG ch 13: Practice Problems 1, 2
SG: ch. 13 MC: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10 |
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12 |
Costs and Profit
SG ch. 13: Practice Problem 3
ch. 13 MC: 11, 12, 13, 14, 15, 16, 17, 18, 19, 20 |
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13 |
Marginal Revenue and
Competition
Mankiw, pp. 289-295
SG ch. 14 Practice Problem 1
SG ch. 14 MC: 1, 2, 3, 5, 6 |
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14 |
Perfect Competition in the
Short Run
Mankiw, pp. 295-300
SG ch. 14 MC: 7, 8, 9 |
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15 |
Perfect Competition in the
Long Run
Mankiw, pp. 300-306
SG ch. 14 Practice Problem 2
SG ch. 14 MC: 10, 11, 12, 13, 15, 16, 17, 18, 19, 20 |
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16 |
The Theory of Monopoly
Mankiw, ch. 15
SG ch. 15 Practice Problem 2
SG ch. 15 MC: 1, 2, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 17, 19, 20 |
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17 |
Oligopoly and Strategic
Behavior
Mankiw, ch. 16
SG ch. 16: MC 1, 2, 3, 6, 7, 8, 10, 11, 12, 14, 15, 16, 17, 20 |
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18 |
Oligopoly and Monopolistic Competition
Mankiw, ch. 17
SG ch. 17 Practice Problems 2, 3
SG ch. 17 MC: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 12, 13, 14, 17, 19, 20 |
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19 |
Dealing with Market Power
SG ch. 15 Practice Problem 3
SG ch. 15 MC: 14, 15, 16 |
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20 |
The Economic Theory of
Externalities
Mankiw, ch. 10
SG ch. 10: Practice Problem 1
SG ch. 10 MC: 1, 2, 3, 4, 5, 7, 8, 9, 10, 12, 13, 14, 15, 16, 17, 18, 19, 20 |
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21 |
Introduction to Income
Distribution
Mankiw, ch. 18
SG ch. 18: Practice Problem 2
SG ch. 18 MC: 1, 2, 3, 4, 5, 6, 7, 8, 9, 11, 13, 14, 15, 16, 17, 18, 20 |
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22 |
Labor Markets and Discrimination
Mankiw, ch. 19
SG ch. 19 MC: 1, 2, 4, 5, 6, 7, 8, 10, 11, 12, 13, 14, 15, 16, 19, 20 |
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23 |
Income Inequality and Poverty
Mankiw, ch. 20
SG ch. 20 MC: 2, 8, 10, 17, 18 |
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24 |
Microeconomics of
International Trade
Mankiw, pp. 177-184, 187-194
SG ch. 9 Practice Problems 1, 2
SG ch. 9 MC: 1, 2, 10, 16, 20 |
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25 |
Trade Restrictions; then Frontiers of Microeconomics
(behavioral economics and utility)
Mankiw, pp. 496-499; also, box p. 463
SG ch 22 MC: 16, 17, 18, 19, 20 |
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26 |
Summary of behavioral
economics and utility, followed by question session
No new reading |
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