Temple University
Department of Economics

Economics 1102 (was 52)
Section 002, Alter Hall A232

Spring 2010

Syllabus

Date and Day Reading / Slide Show Review Questions Other Homework Problem Sets
1/20/2010

Wednesday

Chapter 1: Economics: Foundations and Models RQ 1 Graphs: Slopes and Intercepts and

Down and to the Right?

Top Careers

 
1/22

Friday

Chapter 2: Trade-offs, Comparative Advantage and the Market System

Notes 1

 

 

RQ2

Production Possibility Frontiers: Movements and Shifts

Importer or Exporter?

Absolute and Comparative Advantage

The Gains from Trade

 
Introductory Problems

Answer Key

 
1/25

 Monday

Continuation from 1/23

   

 

1/27

Wednesday

Continuation from 1/23     Comparative Advantage

Answer Key

 
1/29

Friday

Continuation from 1/23     Scarcity

Answer Key

 
2/1

Monday

Last day to drop.

Chapter 3: Where Prices Come From: The Interaction of Supply and Demand RQ 3 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 

 

2/3

Wednesday

 

Continuation of 2/2

 

   

 

2/5

Friday

Continuation of 2/2     Two Country Trade

Answer Key

 
2/8

Monday

Continuation of 2/2    

Consumer Surplus

Answer Key  

2/10

Wednesday

Chapter 4: Economic Efficiency, Government Price Setting and Taxes

 

 

RQ 4

RQ Efficiency

Price Ceiling


Price Floor

The Incidence of Taxation

Efficiency and Taxes

Taxes and Elasticities

Taxes: Who Pays?

Measuring Consumer Surplus

Measuring Producer Surplus

 

Equilibrium

Answer Key

 

2/12

Friday

Continuation of 2/13     Markets, Taxes and Efficiency

 

2/15

Monday

 

Review for exam

 

 

Cafe Hayek Price Ceilings and Efficiency

Answer Key

2/17

Wednesday

First Hour Exam 

Spring 2009

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

2/19

Friday

Go over answers to exam

 

  Cafe Hayek  
2/22

Monday

 

Chapter 6: The Responsiveness of Demand and Supply

Elasticity Applications

RQ Elasticity Elasticity: Part 1 and Part 2 and Part 3  
2/24

Wednesday

Chapter 9: Consumer Choice and Behavior

  How Many Should You Buy

Getting the Most for Your Money

 
2/26

Friday

Chapter 10: Technology, Production, and Costs

 

 

  Production from one variable input

Fixed, Variable and Total Costs

Production, and Average and Marginal Costs

Utility Maximization

Answer Key

 

3/1

Monday

Continuation of 2/27      
3/3

Wednesday

Continuation of 2/27      
3/5

Friday

Chapter 11: Firms in Perfectly Competitive MarketsRQ Perfect Competition

RQ Profit

Competitive Output  
3/8 - 3/12

Monday - Friday

Spring Break      
3/15

Monday

Continuation of 3/6     Production with 1 Input

Answer Key   

3/17

Wednesday

Wear green.

Continuation of 3/6

 

 

  

3/19

Friday

Chapter 12: Monopolistic Competition

   

 

3/22

Monday

3/21 Continued

 

 

 

3/24

Wednesday

 

Chapter 13: Oligopoly

Should we act upon the alleged global warming: An application of game theory

RQ Games Monopoly Output and Price The Competitive Paradigm

Answer Key 

 

3/26

Friday

3/26 Continued    

  

3/29

Monday

Last day to get WP

Review for 2nd Exam     Monopolistic Competition

Answer Key 

3/31

Wednesday

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

 

 

4/2

Friday

 

Review the results of the exam.

 

     
4/5

Monday

Chapter 14: Monopoly and Antitrust

 

RQ Monopoly   Price and Output under Monopoly

Answer Key  

4/7

Wednesday

Chapter 15: Pricing Strategy

 

   

 

  

4/9

Friday

Chapter 16: The Markets for Labor and Other Factors of Production

 

RQ Labor Competitive Labor Markets

Monopsony

 

Regulation


Answer Key
 

4/12

Monday

 

Continuation of 4/11

     
4/14

Wednesday

 

 

   

 

4/16

Friday

Chapter 5: Externalities and Public Goods RQ Externalities

 

  Labor Demand in competitive markets 

Key  

4/19

Monday

 

Continuation of 4/18

 

  Input Demand

Answer Key

 

4/21

Wednesday

Continuation of 4/18 RQ Public Goods  

Imperfect Labor Markets and Efficiency

Key  

4/23

Friday

Continuation of 4/18

 

 

  

4/26

Monday

Chapter 8: Comparative Advantage and the Gains from International Trade RQ Trade The Gains from Trade

Externalities and Efficiency 

Answer Key 

 

4/28

Wednesday

 

 

 

 

Public Goods and Efficiency

Answer Key

 

4/30

Friday

Further Reflections on Comparative Advantage and Trade     Trade in VCR's

Answer Key 

Trade and Efficiency

Answer Key 

5/3

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.

 

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

Ritter Annex 831