EC 1021B-001: Schedule

 

Jan 7

  • Introduction to Economics: Chapter 1

Jan 12

  • Making and Using Graphs: Chapter 1 Appendix
  • The Economic Problem: Chapter 2 (omit "Gains From Trade", pages 40-43)
  • How Prices and Quantities are Determined (Demand and Supply): Chapter 3

Jan 19

  • How Prices and Quantities are Determined (Demand and Supply): Chapter 3
  • The Relationship Between Price and Quantity (Elasticity): Chapter 4

Jan 26

  • The Relationship Between Price and Quantity (Elasticity): Chapter 4
  • Efficiency and Equity: Chapter 5 and "Price Discrimination" and "Capturing Consumer Surplus" pages 309-310

Feb 2

  • Government Intervention: Chapter 6
  • Review for Test

Feb 6: Mid-Term Test I - 25%: time and location TBA

Feb 9

  • How an Individual Decides How Much to Buy
  • Utility: Chapter 8
  • Indifference Curves: Chapter 9 (omit "Work-Leisure Choices, pages 214-215)

Feb 13-21: Conference Week

Feb 23

  • Economic Profit: Chapter 10 pages 227-230
  • Market Types: Chapter 10 pages 237-241
  • Costs of Production: Chapter 11

Mar 2

  • How an Individual Firm Determines Price and Production Levels in:
  • Perfect Competition: Chapter 12
  • Monopoly: Chapter 13

Mar 9

  • How an Individual Firm Determines Price and Production Levels in:
    • Monopolistic Competition: Chapter 14
    • Oligopoly: Chapter 15
  • Review for Test

Mar 13: Mid-Term Test - 25%: time and location TBA

Mar 16

  • Externalities: Chapter 16

Mar 23

  • Public Goods and Common Resources: Chapter 17

Mar 31

  • Resource Markets: Chapter 18 and pages 214-215

Apr 6

  • Inequality: Chapter 19 pages 448-452
  • Review for exam

Final Exam - 40%

  • To be scheduled during the exam period (April 12-30)
  • Covers all material from the beginning of the course

Tutorial Quiz Dates

Jan. 15, 22, 29; Feb. 26; March 5, 26

There will be no tutorials on Jan. 8, Feb. 12 and April 2

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General Information

Course Material