1.1 — The Tools of Microeconomics — Class Content

Wednesday, January 26, 2021

Please complete the preliminary survey by Sunday January 30.

Overview

Welcome to ECON 306 — Microeconomic Analysis! Today’s lesson will be an overview of the content and the assignments of the course. Please read and familiarize yourself with the syllabus.

This is not just a “syllabus day,” as we need to hit the ground running, but today will give you a “big picture” look at this semester, and how to use microeconomic analysis, by focusing on the two main tools/models: optimization and equilibrium. We will dive right into optimization models next class.

Readings

Today is introductory, but you may look at Chapter 1 if you wish, to remind you about the use of models in economics. Otherwise, please heed this timeless message:

Please note going forward, the lesson numbers and topics (e.g. 1.1) on this website are my design, and will not match up with the textbook!

Slides

Below, you can find the slides in two formats. Clicking the image will bring you to the html version of the slides in a new tab. Note while in going through the slides, you can type h to see a special list of viewing options, and type o for an outline view of all the slides.

The lower button will allow you to download a PDF version of the slides. I suggest printing the slides beforehand and using them to take additional notes in class (not everything is in the slides)!

1.1-slides

Download as PDF

Assignments

Preliminary Math Survey Due Sunday August 23

Please take the preliminary math survey on your math background by 11:59 PM Sunday August 23. This will help us all have a productive course together.

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