| 1 |
Overview of the Current U.S. Economy
Supply and Demand |
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| 2 |
Supply and Demand (cont.) and Elasticity |
Problem set 1 due |
| 3 |
Tutorial 1: Simple First Derivatives and Basic Calculus |
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| 4 |
Begin Utility Maximization and the Allocation of Scarce Resources - e.g. the Machinery Behind the Demand Curve |
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| 5 |
Utility Maximization (cont.)
Individual Demand and Market Demand |
Problem set 2 due |
| 6 |
The Cost of Medical Care - An Application of Demand/Supply and Utility Under Uncertainty |
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| 7 |
Technology, Costs and Returns to Scale |
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| 8 |
Technology, Costs and Returns to Scale (cont.) |
Problem set 3 due |
| 9 |
Basic Logic of Profit Maximization |
Problem set 4 due |
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First Midterm (covers through Session 8) |
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| 10 |
Profit Maximization in Competitive Markets |
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| 11 |
Profit Maximization in Competitive Markets (cont.) |
Problem set 5 due |
| 12 |
Profit Maximization Under Monopoly |
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| 13 |
Oligopoly and Monopolistic Competition |
Problem set 6 due |
| 14 |
A Taste of Simple Game Theory |
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Second Midterm (covers through Session 12) |
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| 15 |
International Trade and Offshoring |
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| 16 |
Pulling it Together - Trade, Technology and the Labor Market |
Problem set 7 due |
| 17 |
Course Wrap-up |
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| 18 |
Final Exam |
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