Temple University
Department of Economics

Economics 52
Sections 2 and 12

Fall 2004

Syllabus

Date and Day Reading Review Questions Other Homework, due on the date shown for the row.
8/30

Monday

1 Thinking Like an Economist

Apreso 9:40

Apreso 10:40

  Graphs: Slopes and Intercepts and

Down and to the Right?

Production Possibility Frontiers: Movements and Shifts

Importer or Exporter?

Absolute and Comparative Advantage

The Gains from Trade

 

 
9/1

Wednesday

Apreso 9:40

Apreso 10:40

RQ 1    
9/3

 Friday

Apreso 9:40

Apreso 10:40

 

2 Comparative Advantage

    Introductory Problems

Answer Key

9/6

Monday

Labor Day. No Class.
9/8

Wednesday

Notes 1

Apreso 9:40

Apreso 10:40

 

RQ2    
9/10

Friday

Apreso 9:40

Apreso 10:40

    Comparative Advantage

Answer Key

9/13

Monday

Last day to drop.

3 Supply and Demand

Apreso 9:40

Apreso 10:40

  1. A change in the quantity demanded,

2. A change in the quantity supplied,

3. Find the Equilibrium.

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

Scarcity

Answer Key

9/15

Wednesday

Apreso 9:40

Apreso 10:40

RQ 3    
9/17

Friday

Notes 2

Apreso 9:40

Apreso 10:40

 

    Two Country Trade

Answer Key

9/20

Monday

4 Elasticity

Apreso 9:40

Apreso 10:40

  Elasticity: Part 1 and Part 2 and Part 3  
9/22

Wednesday

Apreso 9:40

Apreso 10:40

RQ 4   Equilibrium

Answer Key

9/24

Friday

5 Demand: The Benefit Side of the Mkt

Apreso 9:40

APreso 10:40

  How Many Should You Buy

Getting the Most for Your Money

 
9/27

Monday

Elasticity Applications

Apreso 9:40

Apreso 10:40

RQ 5   Utility Maximization

Answer Key

9/29

Wednesday

We'll use today to catch up if necessary, go over past hwk, and look at old exams.  Be sure to come with your own questions.

Apreso 9:40

Apreso 10:40

10/1

Friday

 

First Hour Exam 

Sample 1

Sample 2

Answer Keys: Exam One, Two, Three, and Four

 

10/4

Monday

Review the results of the exam.

Apreso 9:40

Apreso 10:40

     
10/6

Wednesday

6 Perfectly Competitive Supply

Apreso 9:40

Apreso 10:40

  Production from one variable input

Fixed, Variable and Total Costs

Production, and Average and Marginal Costs

Competitive Output

 

 
10/8

Friday

Apreso 9:40

Apreso 10:40

RQ 6    
10/11

Monday

Apreso 9:40

Apreso 10:40

     
10/13

Wednesday

7 Efficiency and Exchange: Economic Surplus and Taxes

Apreso 9:40

Apreso 10:40

  Price Ceiling


Price Floor

The Incidence of Taxation

Efficiency and Taxes

Taxes and Elasticities

Taxes: Who Pays?

Measuring Consumer Surplus

Measuring Producer Surplus

 

Consumer Surplus

Answer Key

10/15

Friday

Apreso 9:40

Apreso 10:40

RQ 7    
10/18

Monday

Apreso 9:40

Apreso 10:40

 

  Production with 1 Input

Answer Key

10/20

Wednesday

8 The Quest for Profit

Apreso 9:40

Apreso 10:40

 

    The Competitive Paradigm

Answer Key

10/22

Friday

Apreso 9:40

Apreso 10:40

RQ 8

   
10/25

Monday

9 Imperfect Competition

Apreso 9:40

Apreso 10:40

  Monopoly Output and Price  

 

10/27

Wednesday

Apreso 9:40

Apreso 10:40

RQ 9   Price and Output under Monopoly

Answer Key

10/29

Friday

10 Thinking Strategically

Apreso 9:40

Apreso 10:40

    Monopolistic Competition

Answer Key

11/1

Monday

Last day to get WP.

Apreso 9:40

Apreso 10:40

 

RQ 10    
11/3

Wednesday

We'll use today to catch up if necessary, go over past hwk, and look at old exams.  Be sure to come with your own questions.

Apreso 9:40

Apreso 10:40

 

 

 
11/5

Friday

 

Second Hour Exam

Key to version A

Key to version B

Sample 1

Sample 2

 

11/8

Monday

Review the results of the exam.

Apreso 9:40

Apreso 10:40

     
11/10

Wednesday

Public Policy and Market Structure. More on Chapter 9 and 10.

Apreso 9:40

Apreso 10:40

 

 

 

 
11/12

Friday

13 Labor Markets

Apreso 9:40

Apreso 10:40

 

  Competitive Labor Markets

Monopsony

 
Regulation

Answer Key

11/15

Monday

Apreso 9:40

Apreso 10:40 

RQ 13    

11/17

Wednesday

Apreso 9:40

Apreso 10:40  

     
11/19

Friday

11 Externalities and Property Rights

Apreso 9:40

Apreso 10:40  

 

 

  Labor Demand in competitive markets 

Key

11/22

Monday

Apreso 9:40

Apreso 10:40

RQ 11    
11/24

Wednesday

Apreso 9:40

Apreso 10:40

15 Public Goods and Tax Policy

 

  Input Demand

Answer Key

11/26

Friday

Thanksgiving. No class.
11/29

Monday

Apreso 9:40

Apreso 10:40

RQ 15    
12/1

Wednesday

 

12 Economics of Information

Apreso 9:40

Apreso 10:40

 

 

  Externalities

Answer Key

12/3

Friday

Apreso 9:40

Apreso 10:40 

RQ 12   Public Goods

Answer Key

12/6

Monday

16 International Trade and Trade Policy

Apreso 9:40

Apreso 10:40 

  The Gains from Trade  

Information

12/8

Wednesday

Last day of class.

Apreso 9:40

Apreso 10:40

RQ 16   Trade in VCR's

Answer Key

12/10

Friday

 

Office hours: 9:30 AM - 11:30 AM  and 2 - 3:30 PM

 

12/13

Monday

Office hours: 9:30 AM - 11:30 AM 
12/15

Wednesday

 

Section 12, MWF, 9:40-10:30

Final Exam AT 8:30 AM

Office hours: 2 - 3:30 PM

Sample 1

Sample 2

12/17

Friday

 

Section 2, MWF, 10:40-11:30

Final Exam  AT 8:30 AM

 

 

Office Hours: MWF, 2-3:30 PM

Ritter Annex 813