Schedule

This page contains all of the following resources for each class meeting:

Readings include textbook chapters and occasional journal articles
Assignments are due by the beginning of class unless otherwise stated
Class materials contain extra explanations, math/statistical properties & proofs, and other helpful resourcesThese “online appendices” keep the slides nice and de-cluttered!
Slides are “Xaringan” presentations in html that can be opened in any browserFile > Print > Save as PDF if you wish to download them
Practice problems we work on together in class to prepare for homeworks and exams

Relevant materials (if applicable, icons will become links) will be posted before class meets.

Last Update: 19:41:26 Sat May 02 2020.

1. Rational Choice Theory	Reading	Class	Slides	Practice	Assignment
Preliminary Survey
1.1 The Tools of Microeconomics
1.2 Scarcity, Choice, and Cost
1.3 Budget Constraint
1.4 Preferences I: Indifference Curves
1.5 Preferences II: MRS and Utility Functions
1.6 Solving the Consumer’s Problem
Problem Set 1 due Thurs Feb 13
1.7 Building a Demand Function
1.8 Income and Substitution Effects
1.9 Price Elasticity
Problem Set 2 due Thurs Feb 20
Exam 1 Tues Feb 25
2. Production Theory	Reading	Class	Slides	Practice	Assignment
2.1 Theory of the Firm
2.2 Short Run and Long Run
2.3 Cost Minimization
Problem Set 3 due Sunday Mar 29
Transition to Online Courses (Please read)
2.4 Costs of Production
2.5 Short Run Profit Maximization
2.6 Long Run Industry Equilibrium
Problem Set 4 due Sunday Apr 5
Exam 2 due by Sunday Apr 11 on BLACKBOARD
3. Market Equilibrium	Reading	Class	Slides	Practice	Assignment
3.1 The Supply and Demand Model
3.2 Market Competition and Surpluses
3.3 The Social Functions of Market Prices
Problem Set 5 due Sunday Apr 19
4. Imperfect Competition	Reading	Class	Slides	Practice	Assignment
4.1 Monopoly
4.2 Consequences and Sources of Market Power
4.3 Pricing with Market Power
4.4 Monopolistic Competition and Oligopoly
4.5 Sequential Games & Contestable Markets
Problem Set 6 (UNGRADED, for Practice Only)
Op-Ed due by Fri May 1 by Email
Final Exam