Economics 1
Introduction to Economics
University of California, Berkeley
Spring 2011

Professor Martha Olney

Reader Contents

1.    “Subprime Mortgages: A Primer,” by Mara Lee., March 23, 2007. (accessed 1/17/2011)

2.    “Financial Literacy 2007: Mortgages.  Mortgage loan choices abound.”, March 19, 2007. (accessed 1/17/2011)

3a.    “Health Lags in Haiti 1 Year After the Earthquake: Can a country already beset with a failing infrastructure rebound to beat cholera and bring 21st-century health services to its citizens?” by Katherine Harmon.  Scientific American, January 12, 2011.  (accessed 1/17/2011)

3b.    Central Intelligence Agency, The World Factbook.  Haiti (selected pages) (accessed 1/17/2011)

4.    “Wives Still Do Laundry, Men Do Yard Work:  Husbands and wives view the household division of labor differently,” by Frank Newport,, April 4, 2008. (accessed 1/17/2011)

5.    “Will the Cost of Chocolate Rise out of Reach?” by Jane Glenn Haas.  Orange County Register November 12, 2010. (accessed 1/17/2011)

6.    “Box-office revenue up for 2009:  It's not just higher ticket prices: More people are going to the movies, even as the recession has depressed consumer spending in nearly every other category,” by Ben Fritz.  Los Angeles Times (December 14, 2009).,0,5678666.story (accessed 1/17/2011)

7.    “In Praise of Price Gouging,” by John Stossel.  Posted at, September 7, 2005. (accessed 1/17/2011)

8.    “Govt to Subsidise Essential Food Items,” by Gamini Warushamana.  Sunday Observer (Sri Lanka), January 16, 2011. (accessed 1/17/2011)

9.    “Bridges' toll increases put revenue plans on track,” by John Wildermuth.  San Francisco Chronicle, January 13, 2011. (accessed 1/17/2011)

10.    “Local Gym Calls It Quits: Members and workers with no where to turn,” by Consumer Bob., Jan 20, 2009. (accessed 1/17/2011)

11a.    “Income Inequality, Writ Larger,” by Daniel Gross.  New York Times, June 10, 2007. (accessed 1/17/2011)

11b.    “Income Inequality: Too Big to Ignore,” by Robert H. Frank.  New York Times, October 16, 2010 (accessed 1/17/2011)

12.    “Why So Many Rich People Don’t Feel Very Rich,” by Catherine Rampell.  New York Times Economix blog (January 11, 2011). (accessed 1/17/2011)

13.    “The Lemongrass War,” by Adam B. Ellick. New York Times, Mar 5, 2006. or (accessed 1/17/2011)

14a.    “Texting driver 6 times more likely to crash: study,” by JoAnne Allen. December 22, 2009. (accessed 1/17/2011)

14b.    “Legislature to consider banning use of cell phones while driving,” by Steve Kanigher.  Las Vegas Sun, December 8, 2010. (accessed 1/17/2011)

15.    “The Fight for Classroom Attention: Professor vs. Laptop,” by Jeffrey R. Young.  Chronicle of Higher Education, June 2, 2006. (accessed 1/17/2011)

15b.    Online at bspace/resources tab: background article about the effect of the use of laptops on learning, “In-class laptop use and its effects on student learning,” Computers & Education 50 (April 2008): 906-914.

16.    "The Menace of an Unchecked Housing Bubble," by Dean Baker. The Economists' Voice:  3 (March 2006). (accessed 1/17/2011)

17.    “The Slump Goes On: Why?” by Paul Krugman and Robin Wells.  New York Review of Books, September 30, 2010. (accessed 1/17/2011)

18.    “GDP Fetishism,” by Joe Stiglitz. The Economists' Voice: Vol. 6:8 (2009). (accessed 1/17/2011)

19a.    “Across the U.S., Long Recovery Looks Like Recession,” by Michael Powell and Motoko Rich.  New York Times October 12, 2010. (accessed 1/17/2011)

19b.    “The Two-Track Economy: Inequality Emerging From Today’s Recession,” by Simon Johnson.  Economix blog (New York Times), August 20, 2009. (accessed 1/17/2011)

20.    “Currents: Even in a Recovery, Some Jobs Won't Return,” by Justin Lahart. Wall Street Journal. (Jan 12, 2010). or (accessed 1/17/2011)

21.    “Hard-Hit Families Finally Start Saving, Aggravating Nation's Economic Woes,” by Kelly Evans.  Wall St. Journal January 6, 2009. (accessed 1/17/2011)

22.    “Can Consumers Spend Asia Out of Recession?  Many Asian countries are handing out cash and vouchers to get people spending again. But real economic recovery may take a lot more,” by Frederik Balfour , Business Week (March 15, 2009). (accessed 1/17/2011)

23.    “Federal Reserve Press Release: FOMC December 2010 Meeting.”  December 14, 2010. (accessed 1/17/2011)

24a.    “That 1937 Feeling,” by Paul Krugman.  New York Times, January 4, 2010. (accessed 1/17/2011)

24b.    “Slow Growth for 2011, No Double-Dip Recession, Say Leading Economists,” by John Sullivan. November 22, 2010. or (accessed 1/17/2011)

25.    “Economists Express Caution on Forecasts in a Fed Study,” by Sewell Chan.  New York Times January 9, 2011. (accessed 1/17/2011)

26.    “Four Ways Out," by Brad DeLong.  The Economists' Voice, Vol. 6:2. (2009) (accessed 1/17/2011)

27.    “Shift to Saving May Be Downturn’s Lasting Impact,” by Catherine Rampell.  New York Times, May 9, 2009. (accessed 1/17/2011)

28.    Stiglitz, Joseph E. (2010) "The Dangers of Deficit Reduction," by Joseph Stiglitz.  The Economists' Voice, 7 (March 2010). (accessed 1/17/2011)


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Page prepared by Prof. Martha Olney
Last updated  3/29/2011