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JMU Economics
College of Business

Macro: 200
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Mankiw site
Grades

Micro: 201
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Mankiw site
Grades

Econometrics: 385
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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.
Jan. 13 Introduction to Economics, and to Microeconomics
Mankiw, ch. 1
Jan. 15 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
Jan. 20 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
Jan. 22 Supply and Equilibrium
Mankiw, pp. 71-79
SG: ch. 4 MC: 8, 9, 10, 11, 12, 13, 20
Jan. 27 Class cancelled -- snow and ice
Jan. 29 The Supply-Demand Model
Mankiw, pp. 79-84
SG: ch. 4 MC: 14, 15, 17, 19
Feb. 3 Introduction to Elasticity
Mankiw, pp. 89-93
SG: ch. 5 MC: 1, 2, 3, 4, 5, 6
Feb. 5 Elasticity Applications
Mankiw, pp. 93-99
SG: ch. 5 MC: 9, 10, 11
ch. 5 Practice Problems 1, 3
Feb. 10 Alternative Measures of Elasticity and Applications
Mankiw, pp. 99-109, 113-124
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
Feb. 12 Reality Quiz first half of class
Mankiw, pp. 124-127
SG ch. 6 MC: 8, 9, 11, 12, 13
Feb. 17 Assessment Day: No classes 8 a.m.-4 p.m.

Feb. 19 Government and the Market
Mankiw, pp. 127-131
SG: ch. 6 Practice Problem 2;
Advanced Critical Thinking Problem
ch. 6 MC: 14, 15, 16, 17, 18, 19, 20
Feb. 24 Economic Efficiency and Costs of Production
Mankiw, ch. 7; also pp. 267-271
SG ch. 7 MC: 1, 2, 3, 4, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20
Feb. 26 Costs of Production
Mankiw, pp. 271-279
SG ch 13: Practice Problems 1, 2, 3
SG ch. 13 MC: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14
March 3 Costs and Profit
Mankiw, pp. 280-283, 289-292
SG ch. 13 MC: 15, 16, 17, 18, 19, 20;
SG ch. 14 Practice Problem 1
SG ch. 14 MC: 1, 2, 3
March 5 Test 1 - no new reading

March 17 Test return, then:
Marginal Revenue and Competition
Mankiw, pp. 289-295
SG ch. 14 Practice Problem 2; also MC: 5, 6
March 19 Perfect Competition in the Short Run and the Long Run
Mankiw, pp. 295-300
SG ch. 14 MC: 7, 8, 9, 10, 11, 12
March 24 Perfect Competition and Monopoly
Mankiw, pp. 300-306, 311-317
SG ch. 14 MC: 13, 15, 16, 17, 18, 19, 20;
ch. 15 MC: 1, 2, 4
 
March 26 The Theory of Monopoly
Mankiw, pp. 317-338
SG ch. 15 Practice Problem 2
SG ch. 15 MC: 5, 6, 7, 8, 9, 10, 11, 12, 13, 17, 19, 20
March 31 Oligopoly and Strategic Behavior
Mankiw, pp. 345-367
SG ch. 16: MC 1, 2, 3, 6, 7, 8, 10, 11, 12, 14, 15, 16, 17, 20
April 2 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
April 7 Dealing with Market Power
Mankiw, pp. 326-329 (again)
SG ch. 15 Practice Problem 3
SG ch. 15 MC: 14, 15, 16
 
April 9 Test 2 - no new reading

April 14 Test return, then: 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
April 16 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
April 21 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
April 23 Income Inequality and Poverty
Mankiw, ch. 20
SG ch. 20 MC: 2, 8, 10, 17, 18
April 28 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
April 30 Frontiers of Microeconomics (behavioral economics and utility)
Mankiw, pp. 496-499; also, box p. 463
SG ch 22 MC: 16, 18, 19, 20