| Lectures (Walker book chapters) | Crash Course Economics |
Problem Sets (PS) |
Quizzes (date) |
Other Readings |
| 1. Overview of economic analysis (pp. 3-31) |
#1 | PS 1 | solutions |
Q-1 Tu, 9/9 |
Williams, Economic lunacy |
| 2. Economics and the big picture (pp. 33-46) |
#3 | Higgs, Hate corporations and love governments... Stapleton, You're afraid of power, not Trump |
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| 3. Specialization, productivity, and trade (pp. 47-66) |
#2 | Landsburg, An outsourcing fable Sullum, Trump: "If we didn't have trade we'd save a lot of money" |
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| Appendix 3 (pp. 67-70) | ||||
| 4. Supply, marginal cost, and the firm (pp. 73-85) |
#24 | PS 2 | solutions | Q-2&3 Th, 9/18 |
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| 5. Demand, marginal benefit, and the consumer (pp. 87-91) |
PS 3 | solutions | |||
| 6. Market equilibrium and price adjustments (pp. 93-97) |
#4 #18 (0:00-8:30 only) |
PS 4 | solutions | ||
| Exam 1 - Thurs., Sept. 25, 8:00-9:15, J206 |
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| 7. Economic efficiency in markets (pp. 99-112) |
#19 |
PS 5 | solutions | Q-5 Th, 10/16 |
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| 8. Price controls and resource allocation (pp. 115-123) |
#20 | Husock, Mamdani and NYC rent controls Stossel, In praise of price gouging |
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| 9. Elasticity and drug control policy (pp. 1250-130) |
#18 (8:30-11:00) |
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| 10. Excise taxes and deadweight losses (pp. 131-136) |
#20 | PS 6 | solutions |
Q-6 Tu, 11/4 |
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| 11. Protectionist trade policies (pp. 137-145) |
#15 |
Bastiat, A petition Krugman, In praise of cheap labor (in-class) International Trade Commission tariff search |
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| Exam 2 - Thurs., Nov. 6, 8:00-9:15, J206 * covers all material since Exam 1 * |
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| 13. The federal income tax system (see this updated chapter) |
PS 7 | solutions | Q-7 | Textbook updated income tax information Stossel, Tax myths |
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| 12. Market failure: externalities and public goods (pp. 147-153 |
#21 | PS 8 | solutions |
Q-8 | Stossel, Thanksgiving Stossel, Enough crony capitalism! The Economist, State and Market |
| Final Exam - Thurs., Dec. 4, 8:30-10:00am * comprehensive * |
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