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Readings for Econ 201
Grayed-out readings
and topics are tentative and subject to change. Blue readings are as assigned in class. |
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Jan. 11 |
Introduction to Economics, and
to Microeconomics
Mankiw, ch. 1 |
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Jan. 13 |
Scarcity and Choice
Mankiw, ch. 2 and appendix
SG: ch. 1 multiple choice (MC): 1, 2, 3
ch. 1 Advanced Critical Thinking problem
ch. 2 Practice Problem 2
ch. 2 MC: 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 18 |
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Jan. 18 |
Markets and Demand
Mankiw, ch. 3; also pp. 65-73
SG: ch. 3 Practice Problem 1
ch. 3 MC: 1, 2, 3, 4, 5
ch. 4 MC: 2, 5, 7 |
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Jan. 20 |
Supply and Equilibrium
Mankiw, pp. 73-81
SG: ch. 4 MC: 8, 9, 10, 11 |
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Jan. 25 |
Supply, equilibrium and market
examples
Mankiw, pp. 81-86
SG: ch 4 MC: 12, 13, 14, 15, 17, 19, 20 |
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Jan. 27 |
Introduction to Elasticity
Mankiw, pp. 89-94
SG: ch. 5 MC: 1, 2, 3, 4, 5, 6 |
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Feb. 1 |
Elasticity Measurement and
Application
Mankiw, pp. 91-97
SG: ch. 5 MC: 9, 10, 11
SG: ch. 5 Practice Problems 1, 3 |
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Feb. 3 |
Alternative Measures of
Elasticity and Applications
Mankiw, pp. 97-109, 113-123
SG: ch. 5 MC: 7, 8, 13, 14, 15, 16, 17, 18, 19, 20; ch. 6 MC: 1, 2, 3, 4, 5,
6, 7
ch. 5 Practice Problem 5
ch. 5 Advanced Critical Thinking Problem |
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Feb. 8 |
Intervention into Markets
Mankiw, pp. 123-131
SG ch. 6 MC: 8, 9, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20;
SG ch. 6 Practice Problem 2 and Advanced Critical Thinking problem
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Feb. 10 |
Reality Quiz first half of
class, then: Consumer and Producer Surplus
Mankiw, pp. 137-154
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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Feb. 15 |
Assessment day: No classes 8
a.m.-4 p.m.
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Feb. 17 |
Economic Efficiency and Costs
of Production
Mankiw, pp. 267-271 |
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Feb. 22 |
Theory of the Firm and Costs
Mankiw, pp. 271-279
SG ch. 13 MC: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14 |
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Feb. 24 |
Costs of Production
Mankiw, pp. 280-284
SG ch 13: Practice Problems 1, 2, 3
SG ch. 13 MC: 15, 16, 17, 18, 19, 20 |
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March 1 |
Costs and Profit
Mankiw, pp. 289-293
SG ch. 14 Practice Problems 1, 2
SG ch. 14 MC: 1, 2, 3, 5, 6
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March 3 |
Test 1 -- no new reading |
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March 15 |
Perfect Competition in the
Short Run
Mankiw, pp. 293-295
SG ch. 14 MC: 7, 8, 9, 10, 11, 12, 13 |
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March 17 |
Perfect Competition and
Monopoly
Mankiw, pp. 295-307, 311-318
SG ch. 14 MC: 15, 16, 17, 18, 19, 20
SG ch. 15 MC: 1, 2, 4 |
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March 22 |
The Theory of Monopoly
Mankiw, pp. 318-339
SG ch. 15 Practice Problem 2
SG ch. 15 MC: 5, 6, 7, 8, 9, 10, 11, 12, 13, 17, 19, 20 |
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March 24 |
Monopolistic Competition and
Oligopoly
Mankiw, ch. 16
SG ch. 16 Practice Problems 2, 3
MC 1, 2, 3, 4, 5, 6, 7, 8, 9, 10,
12, 13, 14, 17, 19, 20 |
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March 29 |
Oligopoly and Strategic
Behavior
Mankiw, ch. 17
SG ch. 17 MC: 1, 2, 3, 6, 7, 8, 9, 10, 11, 12, 14, 15, 16, 17, 20 |
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March 31 |
Dealing with Market Power
Mankiw, pp. 332-337 (again)
SG ch. 15 Practice Problem 3
SG ch. 15 MC: 14, 15, 16, 18 |
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April 5 |
The Economic Theory of
Externalities
Mankiw, ch. 10
SG ch. 10: Practice Problem 1
SG ch. 10 MC: 1, 2, 3, 4, 5, 8, 9, 10, 12, 13, 14, 15, 16, 17, 18, 19, 20 |
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April 7 |
Test 2 -- no new reading |
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April 12 |
Externalities, then:
Introduction to Income
Distribution
Mankiw, pp. 391-394
SG ch. 18 MC: 1, 2, 3, 4 |
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April 14 |
Labor Markets and Discrimination
Mankiw, pp. 394-410
SG ch. 18 Practice Problem 2
SG ch. 18 MC: 5, 6, 7, 8, 9, 11, 13, 14, 15, 16, 17, 18, 20 |
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April 19 |
Discrimination, Income Inequality and Poverty
Mankiw, ch. 19
SG ch. 19 MC: 1, 2, 4, 5, 6, 7, 8, 10, 11, 12, 13, 14, 15, 16, 19, 20
SG ch. 20 MC: 2, 8, 10, 17, 18 |
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April 21 |
Poverty and poverty relief,
then:
Microeconomics of
International Trade
Mankiw pp. 177-183, 188-195
SG ch. 20 MC: 2, 8, 10, 17, 18
SG ch. 9 Practice Problems 1, 2
SG ch. 9 MC: 1, 2, 10, 16, 20 |
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April 26 |
Completing trade issues, then: Frontiers of Microeconomics
(behavioral economics and utility)
Mankiw, pp. 494-500; also, box p. 465
SG ch 22 MC: 16, 18, 19, 20 |
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April 28 |
Review and Synthesis |
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