Economics 1: Introduction to Economics
Prof. Kenneth Train
Fall 2011
LECTURE SCHEDULE AND
The number on the left is the
lecture number in the booklet of slides and the downloadable zip file of slides.
Problem sets are passed out on days
marked with *.
|
|
|
10th
edition |
9th
edition |
1 |
Wed, Aug
29 |
Organization
of Course; Introduction to Field |
|
|
2 |
Wed, Aug
31 |
Demand
and Supply |
|
|
|
Mon, Sept
5 |
NO CLASS:
Labor day |
|
|
3 |
Wed, Sept
7* |
Demand
and Supply, continued |
|
|
4 |
Mon, Sept
12 |
Consumer
Choice |
Ch. 6,
not the appendix |
Ch. 6,
not the appendix |
5 |
Wed, Sept
14 |
Costs of
Production |
pp.
147-151, 167-178 |
pp. 135-139,
155-166 |
6 |
Mon, Sept
19 |
Competition,
part 1 |
pp. 179-185,
190-192, 194 |
pp. 167-173,
178-180,183-184 |
7 |
Wed, Sept
21* |
Competition,
part 2 |
|
|
8 |
Mon, Sept
26 |
Monopoly |
pp. 269-285 |
pp.
261-277 |
9 |
Wed, Sept
28 |
Monopolistic
Competition and Oligopoly |
Ch 14 and
15 |
Ch 14 and
15 |
10 |
Mon, Oct
3 |
Regulation
of Natural Monopolies |
none |
none |
|
Wed, Oct
5 |
Midterm
Exam #1, covering material through lecture on Sept. 26 |
|
|
11 |
Mon, Oct 10 |
Antitrust
Regulation |
pp. 285-287 |
pp.
277-279 |
12 |
Wed, Oct
12* |
Externalities |
pp. 329-341 |
pp.
319-332 |
13 |
Mon, Oct
17 |
Public
Goods |
pp. 341-349 |
pp.
332-341 |
14 |
Wed, Oct
19 |
Factor
Markets |
|
|
15 |
Mon, Oct
24 |
Time and
Uncertainty |
|
|
16 |
Wed, Oct
26 |
Overview
of Macroeconomics |
|
|
17 |
Mon, Oct
31 |
Aggregate
Expenditure and Equilibrium Output |
Ch. 23,
including appendix |
Ch. 23,
including both appendices |
18 |
Wed, Nov
2* |
Government
Spending: Fiscal Policy |
Ch. 24
including both appendices |
Ch. 24
including both appendices |
19 |
Mon, Nov 7 |
Money
Supply and Demand: Monetary Policy |
Ch. 25
and 26, not the appendices |
Ch. 25
and 26, not the appendices |
20 |
Wed, Nov 9 |
Fiscal
and Monetary Policy Combined |
pp.
541-548 |
pp.
531-539 |
21 |
Mon, Nov
14 |
Inflation:
Aggregate Demand and Supply |
pp. 549-553,
|
pp.
539-543, |
|
Wed, Nov 16 |
Midterm
Exam #2, covering material through lecture on Nov. 9 |
|
|
22 |
Mon, Nov
21* |
Trade and
Comparative Advantage |
|
|
|
Wed, Nov
23 |
NO CLASS:
Thanksgiving break |
|
|
23 |
Mon, Nov.
28 |
Exchange
Rates and Balance of Payments |
Ch. 35 not
the appendix |
Ch. 35
not the appendix |
24 |
Wed, Nov.
30 |
Review |
none |
none |