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JMU Economics
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Macro: 200
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Micro: 201
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Econometrics: 385
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Readings for Econ 201

Readings are subject to change. We will cover approximately two topics per class day.
1 Introduction to Economics, and to Microeconomics
Mankiw, ch. 1
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
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
4 Supply and Equilibrium
Mankiw, pp. 71-79
SG: ch. 4 MC: 8, 9, 10, 11, 12, 13, 20
5 The Supply-Demand Model
Mankiw, pp. 79-84
SG: ch. 4 MC: 14, 15, 17, 19
6 Introduction to Elasticity
Mankiw, pp. 89-93
SG: ch. 5 MC: 1, 2, 3, 4, 5, 6
7 Elasticity Applications
Mankiw, pp. 93-99
SG: ch. 5 MC: 9, 10, 11
ch. 5 Practice Problems 1, 3
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
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
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
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
12 Costs and Profit
SG ch. 13: Practice Problem 3
ch. 13 MC: 11, 12, 13, 14, 15, 16, 17, 18, 19, 20
 
13 Marginal Revenue and Competition
Mankiw, pp. 289-295
SG ch. 14 Practice Problem 1
SG ch. 14 MC: 1, 2, 3, 5, 6
14 Perfect Competition in the Short Run
Mankiw, pp. 295-300
SG ch. 14 MC: 7, 8, 9
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
 
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
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
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
19 Dealing with Market Power
SG ch. 15 Practice Problem 3
SG ch. 15 MC: 14, 15, 16
 
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
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
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
23 Income Inequality and Poverty
Mankiw, ch. 20
SG ch. 20 MC: 2, 8, 10, 17, 18
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
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
26 Summary of behavioral economics and utility, followed by question session
No new reading