Temple University
Department of Economics

Economics 1102 (was 52)
Sections

Spring 2007

Syllabus

Date and Day Reading Review Questions Other Practice Problem Sets Hwk from MyEconLab
1/17/2007

Wednesday

1 The science of everyday life

 

  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

 

   
1/19

Friday

  RQ 1     Algebra and graphs review
1/22

 Monday

 

2 Efficiency and Allocation

3 The American Economy

 

    Introductory Problems

Answer Key

Chapter 1
1/24

Wednesday

         
1/26

Friday

Notes 1

 

RQ2     Chapters 2 & 3
1/29

Monday

Last day to drop.

      Comparative Advantage

Answer Key

 
1/31

Wednesday

 

4 Supply and Demand

 

  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

Friday

  RQ 4     Chapter 4
2/5

Monday

Notes 2

 

    Two Country Trade

Answer Key

 
2/7

Wednesday

5 Elasticity

 

 

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

Friday

  RQ 5   Equilibrium

Answer Key

Chapter 5
2/12

Monday

 

7 Consumer Behavior 

 

  How Many Should You Buy

Getting the Most for Your Money

   
2/14

Wednesday

Elasticity Applications

 

RQ 7   Utility Maximization

Answer Key

 
2/16

Friday

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.

 

Chapter 7
2/19

Monday

 

First Hour Exam 

Sample 1

Sample 2

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

Fall 2005: Version A, Version B, Version C

Fall 2006 Answer Keys: Version A, Version B, Version C, Version D

 

 
2/21

Wednesday

Review the results of the exam.

 

       
2/23

Friday

8 Firm Production and Cost

 

 

  Production from one variable input

Fixed, Variable and Total Costs

Production, and Average and Marginal Costs

Competitive Output

 

   
2/26

Monday

  RQ 8      
2/28

Wednesday

9 Perfect Competition        
3/2

Friday

 

 

  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

 
3/5 - 3/9

Monday - Friday

Spring Break
3/12

Monday

6 Market Efficiency And Government Intervention RQ 9   Markets, Taxes and Efficiency

Price Ceilings and Efficiency

 
3/14

Wednesday

 

 

  Production with 1 Input

Answer Key

 
3/16

Friday

10 Monopoly

 

    The Competitive Paradigm

Answer Key

 
3/19

Monday

 

RQ 10

     
3/21

Wednesday

11 Monopolistic Competition

 

  Monopoly Output and Price  

 

 
3/23

Friday

  RQ 11      
3/26

Monday

Last day to get WP

12 Oligopoly

 

       
3/28

Wednesday

 

RQ 12   Price and Output under Monopoly

Answer Key 

 
3/30

Friday

13 Antitrust, Regulation and Deregulation

 

 

Monopolistic Competition

Answer Key 

 
4/2

Monday

 

Second Hour Exam

Key to version A

Key to version B

Sample 1

Sample 2

Fall 2005: Version A, Version B, Version C

Fall 2006: Version A, Version B, Version C, Version D

 

 
4/4

Wednesday

Review the results of the exam.

 

       
4/6

Friday

15 Labor Markets

 

 

 

   
4/9

Monday

 

 

  Competitive Labor Markets

Monopsony

 
   
4/11

Wednesday

 

17 Externalities  and Public Goods

RQ 15    

 
4/13

Friday

      Regulation

Answer Key 

 
4/16

Monday

 

 

 

     
4/18

Wednesday

  RQ 17a   Labor Demand in competitive markets 

Key 

 
4/20

Friday

 

 

  Input Demand

Answer Key

Imperfect Labor Markets and Efficiency

Key

 
4/23

Monday

  RQ 17b   Externalities

Answer Key

Externalities and Efficiency 

Answer Key

 
4/25

Wednesday

 

18 International Trade and Trade Policy

 

  Public Goods

Answer Key

Public Goods and Efficiency

Answer Key

 
4/27

Friday

Further Reflections on Comparative Advantage and Trade RQ 18 The Gains from Trade Trade in VCR's

Answer Key

Trade and Efficiency

Answer Key

 
4/30

Monday

 

Third Hour Exam

For sample questions see the following:

Sample 1

Sample 2

Sample 3, Sample 4, Sample 5, Sample 6

Since these are final exams from prior semesters not all of the questions are relevant to you.

12/8

Friday

 

Office hours: TBA

 
12/11

Monday

Office hours: TBA  
 

Office Hours: MWF, 2-3:30 PM and by mutually agreeable appointment

Ritter Annex 813