Temple University
Economics 52 Section 4
Principles of Microeconomics

Fall 2003
M - W - F
1:40 - 2:30 PM
Speakman 213
Office hours: Wednesday, 2:45 - 4 PM
Monday, 12:30 - 1:30 PM
Friday, 12:30 - 1:30 PM
813 Ritter Annex
| Date and Day | Lecture | Reading Quiz | Classroom Activity | GraphEcon | Homework is due on the day it is entered in the table. |
| 1. Wednesday Sept 3 | Introduction to the course | Icebreaker: Some Personal Information |
Graphs: Slopes and Intercepts and |
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| 2. Friday Sept 5 | Chapter 1: Thinking like an economist | ||||
| 3. Monday Sept 8 | Quiz 1 | Introductory Problems | |||
| 4. Wednesday Sept 10 | Keynesian Beauty Contest | ||||
| 5. Friday Sept 12 | Chapter 2: Common Pitfalls for Decision Makers | Production Possibility Frontiers: Movements and Shifts | |||
| 6. Monday Sept 15 | Quiz 2 | ||||
| 7. Wednesday Sept 17 | Psycho-economics
Double Oral Auction: Docs and Results Fall 2002 Results Fall 2003 |
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| 8. Friday September 19 | Chapter 3: Comparative Advantage: The Basis for Exchange | Importer or Exporter?
Absolute and Comparative Advantage The Gains from Trade
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| 9. Monday September 22 | Quiz 3 | ||||
| 10. Wednesday September 24 | Opportunity
Cost with Paul Solman
Production Possibilities: Please bring scissors and tape to class |
Production Possibilities | |||
| 11. Friday September 26 | Chapter 4 Supply and Demand: An Introduction | Supply
and Demand Video: Paul Solman |
1. A
change in the quantity demanded,
2. A change in the quantity supplied, 4. A change in demand 5. The effect of a change in demand, on equilibrium 6. A change in supply 7. The effect of a change in supply on equilibrium |
Comparative Advantage
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| 12. Monday September 29 | Quiz 4 | MicroAlive
Animation |
Two
Country Trade
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| 13. Wednesday October 1 | Exam 1
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| 14. Friday October 3 | Review Exam | ||||
| 15. Monday October 6 | Chapter 5 Demand: The Benefit Side | MicroAlive
Animation |
Elasticity: Part 1 and Part 2 and Part 3 | ||
| 16. Wednesday October 8 | Quiz 5 | Elasticity
with Paul Solman |
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| 17. Friday October 10 | Demand
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| 18. Monday October 13 | Chapter 6 Competitive Supply: The Cost Side | MicroAlive
Animation |
Production from one
variable input
Fixed, Variable and Total Costs Production, and Average and Marginal Costs |
Elasticity | |
| 19. Wednesday October 15 | Quiz 6 | ||||
| 20. Friday October 17 | Supply | ||||
| 21. Monday October 20 | Chapter 7 Efficiency and Exchange | Measuring Consumer
Surplus
Measuring Producer Surplus
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The Competitive
Paradigm
Key |
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| 22. Wednesday October 22 | Quiz 7 | ||||
| 23. Friday October 24 | Exchange | ||||
| 24. Monday October 27 | Chapter 8 The Quest for Profit and the Invisible Hand | MicroAlive
Animation |
Consumer
Surplus: Tarif Vert
Key |
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| 25. Wednesday October 29 | Quiz 8 | Review for test | |||
| 26. Friday October 31 | Exam 2 | ||||
| 27. Monday November 3 | Review Exam 2 | ||||
| 28. Wednesday November 5 | Chapter 9 Monopoly and Imperfect Competition | ||||
| 29. Friday November 7 | Quiz 9 | MicroAlive
Animation |
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| 30. Monday November 10 | Chapter 10 Thinking Strategically | Price and Output under Monopoly | |||
| 31. Wednesday November 12 | Quiz 10 | Oligopoly
or MicroAlive
Animation |
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| 32. Friday November 14 | More Oligopoly | ||||
| 33. Monday November 17 | Chapter 11 Externalities and Property Rights | ||||
| 34. Wednesday November 19 | Quiz 11 | Permits to Pollute | |||
| 35. Friday November 21 | Chapter 12 Economics of Information | ||||
| 36. Monday November 24 | Quiz 12 | ||||
| 37. Wednesday November 26 | Chapter 13 Labor Markets | Competitive Labor Markets | |||
| Friday November 29 |
Thanksgiving Break | ||||
| 38. Monday December 1 | Quiz 13 | ||||
| 39. Wednesday December 3 | Chapter 14 Public Policy | ||||
| 40. Friday December 5 | Quiz 14 | ||||
| 41. Monday December 8 | Chapter 15 Public Goods and Taxes |
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Labor Demand in competitive markets due 12/8 | ||
| 42. Wednesday December 10 | Quiz 15 | Public Goods and Fairness | |||
| Final Exam: Wednesday, 12/17, 11 AM - 1 AM | |||||