ECON 2023 Principles of Microeconomics
Office Hours: Tuesday and Thursday 10:00-11:30 and by appointment.
(but I am around most of the time and you are always welcome to drop by my office!)
Office Location: 425 WCOB
Download a copy of the course syllabus
Assignments are handled in
Aplia. (How do I register in Aplia?)
Exam grades are posted through BlackBoard.
Course Schedule (tentative and subject to change)
|Day||Topic||Assigned Chapter||Other Material (required as indicated)|
|R: 8/23||Math Review||A study showing improved performance of principles students due to required math review.|
|T: 8/28||Basic Concepts||2||Measures of Economic Freedom:
Alan Jackson believes we should be on the interior of the PPF! http://lyricsplayground.com/alpha/songs/t/thatdbealright.shtml
|R: 8/30||Trade||3||Trade can make everyone better off? http://www.youtube.com/watch?v=40U063Oh83c|
|T: 9/4||Supply and Demand||In-class experiment for bonus points|
|R: 9/6||Supply and Demand||4|
|T: 9/11||Supply and Demand||4||
Markets for Currency:
Price Gouging in Florida after Dennis
|R: 9/13||Consumer and Producer Surplus||7|
|T: 9/18||Government Policies and Taxes||6 & 8|
|R: 9/20||Exam 1||Bring a blank Accu-Scan form to the exam.|
|T: 9/25||International Trade||9||recent articles on trade
|R: 9/27||Elasticity||5||Download an Elasticity Handout from a previous semester.|
|T: 10/2||Utility Theory||21|
|R: 10/4||Question and Answer Day||This is an opportunity for you to ask questions, but there will be no new material.|
|T: 10/9||Income Distribution||20||Here is a link to the US Census web site on poverty.|
|T: 10/16||Production||13||Slides from Class|
|R: 10/18||Exam 2||Bring a blank Accu-Scan form to the exam.|
|T: 10/23||Perfect Competition||14||Excel Example|
|R: 10/25||Perfect Competition||14|
Here is a link to the Arkansas Public Service Commission which regulates natural monopolies.
|T: 11/6||Oligopoly||16||Here is a link to the FTC website with Guidelines for Horizontal Mergers.|
|R: 11/8||Oligopoly||16||In-class experiment for bonus points
Here is a nice website dealing with game theory.
|T: 11/13||Labor Markets||18||Ownership Structure slides|
|R: 11/15||Wage Discrimination||19|
|T: 11/20||Review Day (Independent Study)||You have an assignment to review the material thus far
in the course and list five problems
that you believe most people in the class have had difficulty understanding.
|R: 11/22||Thanksgiving||Check out who the market thinks will win rivalry games.|
|T: 11/27||Market Failures||10 & 11||In-class experiment for bonus points|
|R: 11/29||Exam 3||Bring a blank Accu-Scan form to the exam.|
|T: 12/11||Final Exam at 12:30||Bring a blank Accu-Scan form to the exam.|
Helpful links for studying Economics:
This website may not have current information and is not binding. It is the student's responsibility to keep up with the class schedule, current assignments and announcements as they are made in class.