Temple University
Department of Economics

Economics 52
Sections 2 and 10

Spring 2005

Syllabus

Date and Day Reading Review Questions Other Homework, due on the date shown for the row.
1/19

Wednesday

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

 

 
1/21

Friday

Apreso 9:30

Apreso 10:30

RQ 1    
1/24

 Monday

 

2 Comparative Advantage

Apreso 9:30

Apreso 10:30

 

    Introductory Problems

Answer Key

1/26

Wednesday

Notes 1

Apreso 9:30

Apreso 10:30

 

 

RQ2    
1/28

Friday

Last day to drop

      Comparative Advantage

Answer Key

1/31

Monday

 

3 Supply and Demand

Apreso 9:30

Apreso 10:30 

  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

 2/2

Wednesday

Apreso 9:30

Apreso 10:30 

 

RQ 3    
2/4

Friday

Notes 2

Apreso 9:30

Apreso 10:30 

 

    Two Country Trade

Answer Key

2/7

Monday

4 Elasticity

Apreso 9:30

Apreso 10:30 

 

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

Wednesday

Apreso 9:30

Apreso 10:30  

RQ 4   Equilibrium

Answer Key

2/11

Friday

 

5 Demand: The Benefit Side of the Mkt

Apreso 9:30

Apreso 10:30  

 

  How Many Should You Buy

Getting the Most for Your Money

 
2/14

Monday

Valentine's Day

Elasticity Applications

Apreso 9:30

Apreso 10:30  

 

RQ 5   Utility Maximization

Answer Key

2/16

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 9:30

Apreso 10:30  

 

2/18

Friday

 

First Hour Exam 

Sample 1

Sample 2

Fall 2004 Answer Keys: Exam One, Two, Three, and Four

Spring 2005 Answer Keys: Exam One, Two

 

2/21

Monday

Review the results of the exam.

Apreso 9:30

Apreso 10:30  

     
2/23

Wednesday

6 Perfectly Competitive Supply

 

Apreso 9:30

Apreso 10:30  

 

  Production from one variable input

Fixed, Variable and Total Costs

Production, and Average and Marginal Costs

Competitive Output

 

 
2/25

Friday

Apreso 9:30

Apreso 10:30  

RQ 6    
2/28

Monday

Apreso 9:30

Apreso 10:30   

     
3/2

Wednesday

7 Efficiency and Exchange: Economic Surplus and Taxes

Apreso 9:30

Apreso 10:30

 

 

  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

3/4

Friday

Apreso 9:30

Apreso 10:30

 

RQ 7    
3/7 -- 3/11 Spring Break
3/14

Monday

Apreso 9:30

Apreso 10:30 

 

  Production with 1 Input

Answer Key

3/16

Wednesday

8 The Quest for Profit

Apreso 9:30

Apreso 10:30 

 

    The Competitive Paradigm

Answer Key

3/18

Friday

Apreso 9:30

Apreso 10:30 

 

RQ 8

   
3/21

Monday

9 Imperfect Competition

Apreso 9:30

Apreso 10:30 

 

  Monopoly Output and Price  

 

3/23

Wednesday

Apreso 9:30

Apreso 10:30  

RQ 9   Price and Output under Monopoly

Answer Key

3/25

Friday

 

Apreso 9:30

Apreso 10:30   

10 Thinking Strategically

    Monopolistic Competition

Answer Key

3/28

Monday

Last day to get WP.

Apreso 9:30

Apreso 10:30   

 

 

RQ 10    
3/30

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 9:30

Apreso 10:30   

 
4/1

Friday

 

Second Hour Exam

Key to version A

Key to version B

Sample 1

Sample 2

Key to yellow exam

Key to blue exam

 

4/4

Monday

Review the results of the exam.

Apreso 9:30

Apreso 10:30   

 

 

     
4/6

Wednesday

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

Apreso 9:30

Apreso 10:30   

 

 

 

 
4/8

Friday

13 Labor Markets

Apreso 9:30

Apreso 10:30   

 

  Competitive Labor Markets

Monopsony

 

Regulation

Answer Key

4/11

Monday

Apreso 9:30

Apreso 10:30    

RQ 13    

4/13

Wednesday

Apreso 9:30

Apreso 10:30   

 

     
4/15

Friday

11 Externalities and Property Rights

Apreso 9:30

Apreso 10:30   

 

 

  Labor Demand in competitive markets 

Key

4/18

Monday

Apreso 9:30

Apreso 10:30  

RQ 11    
4/20

Wednesday

15 Public Goods and Tax Policy

Apreso 9:30

Apreso 10:30  

 

 

 

  Input Demand

Answer Key

4/22

Friday

Apreso 9:30

Apreso 10:30   

RQ 15    
4/25

Monday

 

12 Economics of Information

Apreso 9:30

Apreso 10:30   

 

 

  Externalities

Answer Key

4/27

Wednesday

Apreso 9:30

Apreso 10:30    

RQ 12   Public Goods

Answer Key

4/29

Friday

Apreso 9:30

Apreso 10:30    

 

16 International Trade and Trade Policy

  The Gains from Trade  

Information

Answer Key

5/2

Monday

Last day of class.

We will not be doing Chapter 16 this semester! RQ 16   Trade in VCR's

Answer Key

5/3 - 5/4

Tuesday & Wednesday

 

Study Days

 

5/5

Thursday

Office hours:
5/6

Friday

 

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

Final Exam AT 8:30 AM

Office hours: 2 - 3:30 PM

Sample 1

Sample 2

5/11

Wednesday

 

Section 2, MWF, 9:40-10:30

Final Exam  AT 8:30 AM

 

 

Office Hours: MWF, 2-3:30 PM

Ritter Annex 813

 

Jokes about economists/economics