Temple University

Temple University
Department of Economics

Economics 1102 (was 52) Section 111
Principles of Microeconomics

Monday and Wednesday
7:45 PM – 10:40 PM
Widener 211

Summer 2007

Date	Reading	Quiz	Other	Hwk
5/21 Monday	Thinking Like and Economist Chapter One: Everyday Life Comparative Advantage Chapter Two: Efficiency and Allocation Chapter Three: The American Economy Notes 1	RQ 1 RQ2	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	Introductory Problems and Key Production Possibilities and Key Comparative Advantage and Key PPF01 and Key Scarcity and Key
5/23 Wednesday	Supply and Demand Chapter Four: Intro to Supply and Demand Notes 2	RQ 3 RQ 4	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 Price Ceiling Price Floor Elasticity: Part 1 and Part 2 and Part 3	Elasticity and Key Equilibrium and Key Two Country Trade and Key
5/28 Monday	Memorial Day, no class
5/30 Wednesday	Elasticity Chapter Five: Elasticity Demand: The Benefit Side of the Mkt Chapter Seven: Consumer Behavior	RQ 5	How Many Should You Buy Getting the Most for Your Money Taxes and Elasticities Taxes: Who Pays?	How Many? and Key Utility Maximization and Key Consumer Surplus and Key
6/4 Monday	Chapter Eight: Production and Cost	RQ 6	Production from one variable input Fixed, Variable and Total Costs Production, and Average and Marginal Costs Competitive Output	Production with 1 Input and Key
6/6 Wednesday	Perfectly Competitive Supply Chapter Nine: Perfect Competition The Quest for Profit	RQ 7	Measuring Consumer Surplus Measuring Producer Surplus	Markets, Taxes and Efficiency and Key Price Ceilings and Efficiency and Key
6/11 Monday	Efficiency and Exchange Chapter Six:: Market Efficiency and Government Intervention	RQ 7 RQ 8	Measuring Consumer Surplus Measuring Producer Surplus	The Competitive Paradigm and Key
6/13 Wednesday	1^st Hour Exam, 7:45 – 8:45 Sample in part Sample in part
6/18 Monday	Imperfect Competition Chapters Ten , Eleven, Twelve and Thirteen	RQ 9	Monopoly Output and Price	Regulation and Key Price and Output under Monopoly and Key Monopolistic Competition and Key
6/20 Wednesday	Labor Markets Chapter Fifteen: Labor Markets	RQ 13	Competitive Labor Markets Monopsony	Labor Demand in competitive markets and Key, for a similar problem set see Key Input Demand and Key Wage Determination and Key Imperfect Labor Markets and Efficiency and Key
6/25 Monday	Externalities and Property Rights Public Goods and Tax Policy Chapter Seventeen: Market Failure	RQ 11 RQ 15	The Incidence of Taxation Efficiency and Taxes	Externalities and Key Externalities and Efficiency and Key Public Goods and Key Public Goods and Efficiency and Key
6/27 Wednesday	International Trade Chapter Eighteen: Trade	RQ 16		Trade in VCR's and Key Trade and Efficiency and Key
7/2 Monday	Final Exam Sample