Temple University
Department of Economics
Economics 3501 (was 201)
Section 002, Anderson Hall 2
Spring 2012
Syllabus
Tabl
Date and Day  Reading  Other  Homework 
January 17, Tuesday  Introduction to Course: The rules of the game Production Possibilities: A Review 
Overview and Remarks
The Parable of Tommy, Penny and Nicky 

January 24, Tuesday  More Tommy, Penny and Nicky Supply and Demand Chapter 2 and the Appendix 
NY Times article on movies in China Hotels in Philadelphia Price Floors and Strategic Reserves Price Ceilings and Efficiency Markets, Taxes and Efficiency 

January 31, Tuesday Monday, Jan 30 is the last day to drop a class. 
Rational Consumer Choice
Chapter 3 and Appendix Chapter 4 Individual and Market Demand 
Consumer choice Pt 1 Consumer Choice Pt 2 
1. Production Possibilities
will be graded as one homework.
Answer Key 2. Caraway Seeds. Part A will be graded as one homework. Parts B and C are due on 2/7/2012 and will be graded as one homework. Answer Key 
February 7, Tuesday  More Chapter 4 Plus Applications of Rational Choice Chapter 5 
Indifference Curves and Key Utility Maximization 
Answer Key

February 14, Tuesday  1st Hour Exam. Your exam will last for half of the usual meeting time. The second half of class will be used for instruction. Past exams: Test 01, Test Fall '08 These are only examples.  
Information and Choice Under Uncertainty
Chapter 6 
Answer Key 

February 21, Tuesday  Production
Chapter 9 and Appendix Costs Chapter 10 and Appendix 
Production from 1 Input

5. Elasticity
Answer Key 
February 28, Tuesday  Chapter 11 Perfect Competition 
Good Practice: Swashbuckle Production
Answer Key Cost and Competition 

March 6, Tuesday  Spring Break, No Class  
March 13, Tuesday  Chapter 12 Monoply 
Good Practice: The Catnip Industry Answer Key 
6. Production Answer Key Producton Hwk Key

March 20, Tuesday Last day to withdraw. 
2nd Hour Exam. Your exam will last for half of the usual meeting time. The second half of class will be used for instruction.  
Imperfect Competition
and Game Theory Chapter 13 
Imperfect Competition  7. Costs Answer Key 

March 27, Tuesday  More Chapter 13  8. Calloway Cabs has a monopoly
Answer Key. The numbers are different, but the mthod is the same. 

April 3, Tuesday  Chapter 14
Labor Markets 
13. Price Discrimination
Answer Key 

April 10, Tuesday  Externalities
Chapter 16 
Labor Markets Notes on Labor Markets Practice Hwk 1 Practice Hwk 2 Practice Hwk 3 

April 17, Tuesday  Chapter 17, Section 1
Public Goods 
Practice: Public Goods
Notes on Externalities Notes on Public Goods 
15. Labor Markets Answer Key 
April 24, Tuesday  Your third and last hour exam. This is NOT a final exam. It is an hour exam and will follow the same format as yor first two exams.  16. Externaltitiesand Efficiency
Answer Key 