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 that can be opened in any browser (You can find a downloadable PDF in each 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
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Content
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Slides
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Practice
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Assignment
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Preliminary Survey (due Mon Jan 30)
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Wed Jan 25
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1.1 — The Tools of Microeconomics
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Mon Jan 30
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1.2 — Budget Constraint
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Wed Feb 01
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1.3 — Preferences
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Mon Feb 06
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1.4 — Utility Maximization
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Problem Set 1 due Mon Feb 13
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Wed Feb 08
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1.5 — Demand
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Mon Feb 13
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1.6 — Income and Substitution Effects
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Wed Feb 15
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1.7 — Price Elasticity of Demand
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Problem Set 2 due Mon Feb 20
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Wed Feb 22
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Exam 1
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II. Rational Choice Theory: Producers
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Content
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Slides
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Practice
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Assignment
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Wed Mar 01
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2.1 — Production and Firms
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Mon Mar 06
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2.2 — Production Technology
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Wed Mar 08
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2.3 — Cost Minimization
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Problem Set 3 due Wed Mar 22
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Mon Mar 20
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2.4 — Costs of Production
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Wed Mar 22
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2.5 — Short Run Profit Maximization
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Mon Mar 27
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2.6 — Long Run Industry Equilibrium
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Problem Set 4 due Fri Mar 31
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Mon Apr 03
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Exam 2
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III. Market Equilibrium
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Slides
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Practice
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Assignment
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Wed Apr 05
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3.1 — The Supply and Demand Model
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Mon Apr 10
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3.2 — Market Competition and Surpluses
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Wed Apr 12
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3.3 — The Static Benefits of Markets: Welfare Economics & Market Failure
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Mon Apr 17
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3.4 — The Dynamic Benefits of Markets: Entrepreneurship, Profits, & Prices
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Wed Apr 19
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3.5 — Introduction to Political Economy
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Problem Set 5 due Wed Apr 26
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IV. Imperfect Competition
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Content
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Slides
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Practice
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Assignment
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Mon Apr 24
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4.1 — Modeling Firms with Market Power
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Wed Apr 26
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4.2 — Consequences and Sources of Market Power
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Mon May 01
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4.3 — Pricing Strategies
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Wed May 03
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4.4 — Monopolistic Competition and Oligopoly
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Mon May 08
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4.5 — Contestable Markets and Wrap Up
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Problem Set 6 (Ungraded)
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Op-Ed due Mon May 8
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Fri May 12
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Final Exam
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