Problem sets and answer keys
Writing assignments
Sample papers
Test bank
Selected handouts
Problem sets and answer keys:
Problem Set 1
Problem Set
1: Key
Problem Set 2
Problem Set
2: Key
Problem Set 3
Problem Set
3: Key
Problem Set 4
Problem Set
4: Key
Problem Set 5
Problem Set
5: Key
Problem Set 6
Problem Set
6: Key
Test bank
Quiz 1: Fall
1996
Midterm: Fall
1996
Quiz 2: Fall
1996
Quiz 1: Fall
1997
Midterm: Fall
1997
Quiz 2: Fall
1997
Writing assignments:
Writing assignment
1: The Sullivan Case
Writing assignment
2: The Consequences of Rent Controls
Writing assignment 3: Described in Group
presentations/activities
See also: Presentation groups
Writing Assignment
4: Macroeconomic Shocks and Self-Correction
See also: Macro Workshop presentation groups
Writing Assignment
5: Analysis of Newspaper Article
Student writing samples
Paper
5: micro analysis sample, Fall 1997
Paper
5: macro analysis sample, Fall 1997
Selected handouts:
Administration
Syllabus
Extra credit
option: the Cooperative Learning Lab (CLL)
CLL schedule
form
CLL teams
I. Introduction: Economics and "the
economic way of thinking"
He
Said, She Said Poll
Opportunity
cost: examples
Responding
to incentives: examples
II. The Micro Economy
IIA. Market fundamentals: supply
and demand
1. Demand (D) and Marginal Benefit (MB)
Demand (D)
and Marginal Benefit (MB) (9:30)
Demand
(D) and Marginal Benefit (MB) (11:30)
2. Supply (S) and Marginal Cost (MC)
Supply (S)
and Marginal Cost (MC)
3. Equilibrium
Supply
and Demand: Recap
Mink farming
exercise worksheet
IIB. A closer look at microeconomic
markets
1. Competitive markets and social welfare
Markets
and social welfare
The Invisible
Hand: How markets maximize social welfare
Changes
in Social Welfare
2. Price elasticity of demand
Price elasticity
of demand: Worksheet
Price
elasticity of demand: Recap
3. A closer look at costs and decisionmaking
A Closer
Look at Costs
III. The microeconomic role of
government
A. The strengths and weaknesses of markets
The Power
of the Market: Efficiency and Equity Issues
B. Basic policymaking tools
1. Price controls
Economic
effects of price controls
Price
floors for raw milk
Milk Prices
to Rise - Los Angeles Times
2. Taxes and subsidies
Economic
effects of taxes
C. Market failure
Externalities
worksheet
D. Market power
E. Income distribution and redistribution
Summary
of Labor Markets
IV. The Macro Economy
IVA. Measuring macroeconomic performance
Employment
and Unemployment
Price Levels
and Inflation
IVB. Aggregate supply and aggregate
demand
The basic
AD/AS Macro model: Recap
Macroeconomic
Shocks & Self-Correction: The Korean War Years
V. The macroeconomic role of government
VI. The Global Economy
Trade According
to Comparative Advantage
Free Trade
Versus Protection