Temple University
Department of Economics
Economics 52
Sections 1 and 11
Speakman 114
Spring 2006
Syllabus
| Date and Day | Reading | Review Questions | Other | Homework, due on the date shown for the row. |
| Wednesday 1/18 | 1 Thinking
Like an Economist
|
Graphs: Slopes
and Intercepts and
Production Possibility Frontiers: Movements and Shifts Importer or Exporter?Absolute and Comparative Advantage The Gains from Trade
|
||
| Friday 1/20 | RQ 1 | |||
| Monday 1/23 |
2 Comparative Advantage
|
Introductory
Problems
Answer Key |
||
| Wednesday 1/25 | Notes
1
|
RQ2 | ||
| Friday 1/27 | Comparative
Advantage
Answer Key |
|||
| 1/30 Monday Last day to drop. |
3 Supply
and Demand
|
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 |
Scarcity
Answer Key |
|
| 2/1 Wednesday |
Hog and Pork
Prices
Cotton Price Supports |
RQ 3 | ||
| 2/3
Friday |
Notes
2
|
Two
Country Trade
Answer Key |
||
| 2/6 Monday |
4 Elasticity
Hotels in Philly and Cinema in China |
Elasticity: Part 1 and Part 2 and Part 3 | ||
| 2/8 Wednesday |
RQ 4 | |||
| 2/10
Friday |
5 Demand:
The Benefit Side of the Mkt
|
How
Many Should You Buy
Getting the Most for Your Money |
||
| 2/13 Monday |
Elasticity Applications
|
RQ 5 | Equilibrium
Answer Key
|
|
| 2/15 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.
|
Utility Maximization
Answer Key
|
||
| 2/17
Friday |
First Hour Exam Answer Keys: Exam One, Two, Three, and Four Fall 2005: Version A, Version B, Version C Spring 2006 Answer Keys: Version A, Version B, Version C, Version D |
|||
| 2/20
Monday |
Review the results of the exam.
|
|||
| 2/22
Wednesday |
6 Perfectly Competitive
Supply
|
Production from one
variable input
Fixed, Variable and Total Costs Production, and Average and Marginal Costs
|
||
| 2/24 Friday |
RQ 6 | |||
| 2/27 Monday |
||||
| 3/1 Wednesday |
7 Efficiency
and Exchange: Economic Surplus and Taxes
| Price Ceiling
Taxes and Elasticities Taxes: Who Pays? Measuring Consumer SurplusMeasuring Producer Surplus
|
Consumer
Surplus Answer Key |
|
| 3/3
Friday |
RQ 7 | Markets, Taxes and Efficiency | ||
| 3/6, 3/8, 3/10 MWF |
No Class. Spring Break! |
|||
| 3/13
Monday |
|
Price Ceilings and Efficiency | ||
| 3/15
Wednesday |
8 The Quest for Profit
|
Production
with 1 Input Answer Key
|
||
| 3/17
Friday |
RQ 8 |
The Competitive
Paradigm Answer Key |
||
| 3/20
Monday |
9 Imperfect
Competition
|
Monopoly Output and Price |
|
|
| 3/22
Wednesday |
RQ 9 | |||
| 3/24
Friday |
10 Thinking Strategically
|
|||
| 3/27
Monday Last day to get WP. |
|
RQ 10 | Price and Output under Monopoly
Answer Key |
|
| 3/29
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.
|
Monopolistic
Competition Answer Key |
||
| 3/31
Friday |
Second Hour Exam Key to version A Key to version B Fall 2005: Version A, Version B, Version C Spring 2006 |
|||
| 4/3
Monday |
Review the results of the exam.
|
|||
| 4/5
Wednesday |
Public Policy and Market Structure.
More on Chapter 9 and 10.
|
|
||
| 4/7 Friday |
|
Competitive Labor Markets | Regulation Answer Key
|
|
| 4/10 Monday |
13 Labor
Markets
|
RQ 13 | ||
| 4/12
Wednesday |
Labor
Demand in competitive markets
|
|||
| 4/14
Friday |
11 Externalities and Property Rights
|
|
Input
Demand Answer Key
|
|
| 4/17
Monday |
RQ 11 |
Imperfect Labor
Markets and Efficiency Answer Key |
||
| 4/19
Wednesday |
15 Public Goods and Tax Policy
|
|
Externalities Answer Key
|
|
| 4/21 Friday |
RQ 15 |
Externalities and Efficiency Answer Key |
||
| 4/24
Monday |
|
|
Public Goods Answer Key
|
|
| 4/26
Wednesday |
Public Goods and Efficiency Answer Key |
|||
| 4/28
Friday |
16 International
Trade and Trade Policy Further Reflections on Comparative Advantage and Trade
|
The Gains from Trade | Trade in VCR's Answer Key |
|
| 5/1 Monday May Day Last day of class. |
RQ 16 | Trade and Efficiency Answer Key |
||
| 5/3 Wednesday |
Office hours: 9:30 AM - 11:30 AM -- Ritter Annex 813 |
|||
| 5/5 Friday |
Office hours: 9:30 AM - 11:30 AM -- Ritter Annex 813 | |||
| 5/8
Monday |
Section 11, MWF, 8:40-9:30 Final Exam AT 8:30 AM
|
|||
| 5/10 Wednesday |
Section 1, MWF, 9:40-10:30 Final Exam AT 8:30 AM
|
|||
|
Office Hours: MWF, 2-3:30 PM and by mutually agreeable appointment Ritter Annex 813
|
||||