Schedule

This page contains all of the following resources for each class meeting:

  • Content materials contains suggested readings, more details about assignments, math appendices, and other helpful resources. I suggest you view these before each class.
  • Slides are “Xaringan” presentations in html that can be opened in any browser (You can find a downloadable PDF in each respective content page)
  • Practice problems we work on together in class to prepare for homeworks and exams
  • Assignments are listed with due dates

Please note that the lesson numbers, topics, and titles (e.g. 1.1) are my design, and do not match up with the textbook!

Relevant materials, if applicable will be posted before class meets and become colored links.


I. Rational Choice Theory: Consumers Content Slides Practice Assignment
Preliminary Survey due Sun Jan 30
W January 26 1.1 — The Tools of Microeconomics
M January 31 1.2 — Budget Constraint
W February 2 1.3 — Preferences
M February 7 1.4 — Utility Maximization
W February 9 1.5 — Demand
M February 14 1.6 — Income and Substitution Effects
W February 16 Problem Set 1 Due
1.7 — Price Elasticity of Demand
M February 21 Problem Set 2 Due
W February 23 Exam 1
II. Rational Choice Theory: Producers Content Slides Practice Assignment
M February 28 2.1 — Production, Specialization, and Firms
W March 2 2.2 — Production in the Short Run & Long Run
M March 7 2.3 — Cost Minimization
Spring Break
M March 21 Problem Set 3 Due
2.4 — Costs of Production
W March 23 2.5 — Short Run Profit Maximization
M March 28 2.6 — Long Run Industry Equilibrium
W March 30 2.7 — External Economies and Industry Supply
F April 1 Problem Set 4 Due
M April 4 Exam 2
III. Market Equilibrium Content Slides Practice Assignment
W April 6 3.1 — The Supply and Demand Model
M April 11 3.2 — Market Competition and Surpluses
W April 13 3.3 — The Static Benefits of Markets: Welfare Economics & Market Failure
M April 18 3.4 — The Dynamic Benefits of Markets: Entrepreneurship, Profits, & Prices
W April 20 3.5 — Introduction to Political Economy
IV. Imperfect Competition Content Slides Practice Assignment
M April 25 4.1 — Modeling Firms with Market Power
W April 27 Problem Set 5 due
4.2 — Consequences and Sources of Market Power
M May 2 4.3 — Pricing Strategies
W May 4 4.4 — Monopolistic Competition and Oligopoly
M May 9 4.5 — Contestable Markets and Wrap Up
Op-Ed Due on Chalk-and-Wire
Problem Set 6 (ungraded, practice only)
F May 13 Final Exam (11:30am)