| Lectures [ textbook ] |
Landsburg
Armchair
|
Hazlitt 1 Lesson |
Crash Course Economics |
Problem Sets (PS) |
Quizzes (due date) |
Other Readings |
| 1. Overview of economic analysis |
Intro; Ch. 1-3 (skip sec. on GE, pp. 29-31) |
Ch. 1-3 | #1 | PS 1 | key |
Q-1 (due 1/29) |
Rotfeld, Libraries, learning, and dirty sandals Williams, Economic lunacy |
| 2. Economics and the big picture | #3 | Hayne, Why does Johnny so rarely learn any econ? Higgs, Hate corporations and love governments... Stapleton, You're afraid of power, not Trump |
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| 3. Specialization, productivity, and trade | Ch. 5 | Ch. 7, 8 | #2 | Sullum, Trump: "If we didn't have trade we'd save a lot of money" | ||
| Appendix 3 | ||||||
| 4. Supply, marginal cost, and the firm |
#24 | PS 2 | key | Q-2 (due 2/10) |
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| 5. Demand, marginal benefit, and the consumer | PS 3 | key | Q-3 (due 2/10) |
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| 6. Market equilibrium and price adjustments | #4 #18 (thru 8:30) |
PS 4 | key |
Q-4 (due 2/17) |
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Exam 1 - Tuesday, February 17 Covers: Walker text, chs. 1-6 + assigned Landsburg & Hazlitt book chs. + "Other Readings" |
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| 7. Economic efficiency in markets | Ch. 4, 8 | Ch. 14, 15, 22 | #19 |
PS 5 | key | Q-5 |
Williams, Socialist promises Williams, Caring vs. uncaring |
| 8. Price controls and resource allocation | Ch. 16-19 | #20 | Husock, Mamdani and NYC rent controls Willliams, Basic economics Stossel, In praise of price gouging |
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| 9. Elasticity and drug control policy | Ch. 10 | #18 (8:30-11:00) |
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| 10. Excise taxes and deadweight losses | Ch. 7 | #20 | PS 6 | key |
Q-6 | ||
| 11. Protectionist trade policies | Ch. 21 | Ch. 10-12 | #15 |
Bastiat, A petition Krugman, In praise of cheap labor (in-class) International Trade Commission tariff search |
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| Exam 2 - date TBA (est. around Apr. 2) * covers all material since Exam 1 * |
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| 13. The federal income tax system | PS 7 | key | Q-7 |
Textbook updated income tax information Stossel, Tax myths |
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| 12. Market failure: externalities and public goods | #21 | PS 8 | key | Q-8 | Stossel, Thanksgiving Stossel, Enough crony capitalism! The Economist, State and Market |
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| < Miscellaneous material > | Ch. 6, 12, 15, 17 | Ch. 25 | Stossel, Damnable pork Reese, 545 people responsible for US woes |
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Exam 3 - Tues., Apr. 21
* covers all material since Exam 2 *
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| Final Exam - Tues., Apr. 28, 8:30-10:00am * coverage details TBA * |
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