WHAT'S NEW? WHAT'S DUE?

Economics 1B Syllabus Fall 2005  (5micsyl.html)
 

** IF YOU WISH TO CONTACT ME BY EMAIL, PLEASE PUT THE FOLLOWING
IN THE SUBJECT LINE OF YOUR MESSAGE:  Econ 1B your last name
Please bring Textbook to class!
 
 

Guidelines for Writing Supplementary Paper. Optional Assignment: if completed satisactorily with a grade of B or better, this paper will serve as substitute for one midterm for purposes of raising final term grade to a maximum grade of of C. Due by December 15.
 

Week of December 12

Final Exam on Tuesday, December 13 at 9:00 AM:

The Final Exam will cover the material from all of the material covered in the lectures:
            About 80% of the test questions will be multiple choice and based based on material from the "Quiz Preparation Materials" or material covered in the three study guides. Up to about 20% of the questions will involve graphing  related to some of the following:

The Production Possibility Frontier
Market Supply and Demand
Application of Market Supply and Demand to Issues such as Price Ceilings/Floors, Externalities etc
Industrial Organization and the Firm (not much of this)

Graphing relates mainly to supply and demand, including price ceilings and floors and externalities. There are a couple of questions related to the Production Possibilities
Frontier, but there are no graphing problems related to costs and revenues of the firm (the materials covered in Chapters 13-17).

The Final is comprehensive, but is weighted toward the material that we covered in the First and Third midterm. More specifically, here are the chapters covered by the Final Exam
questions. I also indicate about what percentage of the test relates to those chapters.

Chapters 1,2,4,6             50%
Chapters 10,11,19, 20   40%
Chapters 13-15               10%

Please note, I will draw extensively from the "Quiz Preparation Materials" for the exam but I may reword the questions. The questions may be similar to ones included in the "Quiz Preparation Materials" but not identical.  In preparing for the exam, please concentrate on understanding and being familiar with the ideas. Please don't try to simply memorize all of the questions and answers.

REMEMBER TO BRING A SCANTRON         `

Week of  December 5

Tuesday
        Review 8:30 AM
        Midterm 3: Chapters 10,11,19 and 20.
        Study Guide for Midterm (Chap 10,11,19,20) (ec7209.html)

        Extra Credit: Well organized set of notes 5 points
        Five points extra credit for completing class survey

Thursday:
        Review for Final Exam
 

Week of November 28

Tuesday
        1 - 1.5 page paper due on December 1, "Discrimination in our Economic System" Paper Requirements (ec7197f05.html)
        Read Chapter 20 Income Inequality and Poverty
        Recommended- print out, read and bring to class Chapter 20 Lecture Notes  (ec7200.html)

          In class

             Complete Discussion of Economics of  Discrimination
             In-class lecture and Discussion on Chapter 20: Income Inequalty and Poverty

Thursday
        Recommended- print out and do Chapter 20 Quiz Preparation Materials(ec7205.htm)
        In Class Quiz on Chapter 20
        In class Review Handout on Midterm Preparation Materials Chapters 10,11,19 and 20.
 
 
 

Week of November 21

       Complete work begun last week on Chapter 19 Earnings and Discrimination
       Group Based Open Book/ Open Note Quiz on Chapter 19
 
 

Week of November 14
Tuesday

       Read Chapter 19 Earning and Discrimination
       Recommended- print out, read and bring to class Chapter 19 Lecture Notes (ec7190.html)

       Lecture The Labor Market
                     Earnings and Discrimination

Thursday:
       Hand in Writing Assignment: Paper on Industrial Organization : Details About The Paper and an earlier Paper
       Hand in Assignment on Chapter 19

       Lecture Concluded
       Quiz on Labor Markets and Chapter 19 (no scantron required)
 

Week of November 7
Tuesday
        Turn in Paper on Externalities
        Read Chapter 11 Public Goods and Common Resources
        Recommended- print out, read and bring to class Chapter 11 Lecture Notes  (ec7110.html)
 

        Thursday
        Turn in Chapter 11 Homework
        Recommended- print out and do Chapter 11 Quiz Preparation Materials(ec7115.htm)
        In Class Quiz on Chapter 11
 
 

Week of October 31

    Tuesday
        Read Chapter 10 Externalities
        Recommended- print out, read and bring to class Chapter 10 Lecture Notes  (ec7100.html)
 

        Thursday
        Complete and bring to class Externalities Homework (ec7106.html)
        Recommended- print out and do Chapter 10 Quiz Preparation Materials(ec7105.htm)
        In Class Quiz on Chapter 10 includes graphing
 
 
 

Week of  October 24

Tuesday:
 

    Hand in well organized copy of notes for five points of extra credit on Midterm!
    Print out and bring to bring to class: Lecture Outline Oligopolies/Monopolistic Competition
    Hand in assignment: "Baseball Players and Opportunity Costs."
    Print out and Bring to class: Second Midterm Study Guide

Thursday:
    Last Minute Questions About Midterm? Classroom will open for questions at 8:30 AM.
    Second Midterm Chapters 13, 14 and 15 + materials related to Oligopolies and Monopolistic Competition (Chapters 16,17)

         Midterm will be about
            25% graphing
            25% essay (out of class assignment: due Nov 10)
            25% short answer questions
             25% multiple choice
 
 
 
 
 

Week of October 17

    Tuesday
        Read Chapter 15 "Monopoly"
        Print out and bring to class Chapter 15 Lecture Notes (ec7150.html)
              (Wednesday, October 19:  Notes have been revised to delete junk coding)

    Thursday
        Print out and do Chapter 15 Quiz Preparation Materials (ec7155)
        Continue Chapter 15
        In Class Quiz: on Chapter 15 includes graphing

    Homework for Thursday:  Print out this Short list of Questions related to Monopolies, answer the questions and hand in.

    Homework for next Tuesday
    Write One Page Response Paper (Due October 25): "Basball Players and Opportunity Costs" based on article Baseball Players and Opportunity Costs Parts 1 and 2
            Briefly summarize the article and answer the questions: what does cutting players have to do with opportunity costs? How could cutting players from a team, improve the quality of the team?
            Papers will be graded on the basis of content, grammar, spelling and organization. The papers must be well written and word processed.
 
 
 

Week of October 10
    Tuesday
        Print out and do Chapter 14 Quiz Preparation Materials(ec7145.html)
        In class, continue work on Chapter 14
             In class exercise to be distributed in class
 

    Thursday

       Hand in assignment begun on Tuesday, page 308: Questions for Review #1,2,4,5,6
       Please print out and bring to class article:
       Conclude work on Chapter 14
       Quiz Chapter 14
 
 

Week of October 3

Tuesday

    Complete Chapter 13 Costs of Production
    Graphing  Exercise to be assigned in class: problem #5 pg 287.
 

Thursday
        Read Chapter 14 Firms in Competitive Markets!
        Print out and Bring to Class Chapter 14 Lecture Notes (ec7140.html)
        In Class: Quiz on Graphing
 
 
 
 
 

Week of  September 26
 
 

    Tuesday
        Read Chapter 13 The Costs of Production
        Print out and Bring to class Chapter 13 Lecture Notes (ec7130.html)

    Thursday
        Print out and do Chapter 13 Quiz Preparation Materials (ec7135.html)
              Complete and hand in Questions For Review 1,3,5 page 285-86 of the text
                 and Problems and Applications  Question 1
        In Class: Quiz on Chapter 13

Note: the work over the next few weeks is some of the toughest of the semester.
 
 
 

Week of September 19

    Tuesday
       Conclude discussion of Government's direct role in controling  markets (Chapter 6)
        Review for Midterm

     Thursday
       8:30 AM Brief Review for Midterm, in Room J2:  (J2 is located in the J Wing, the wooden building in back of C Wing)
       First Midterm Study Guide (ec7069.html)

          9 AM First Midterm: Chapters 1, 2 ,4 and 6 (In regular classroom in Everett Hall)
          Up to five points of extra credit for a well organized set of notes.
 

Week of September 13

    Tuesday Class is cancelled. .

Thursday:
    Chapter 6 lecture/discussion concluded
    Do Quiz Preparation Materials for Chapter 6 (ec7065.html)  May be used on midterm.

    Quiz Chapter 6
    .
 
 

Week of September 5

For Tuesday

    Quiz Chapter 4-1
    Homework Due: Exercise #3 The Market for Hamburgers (ec132.html)
    Chapter 4 continued
    Begin Chapter 6
    Print out and read Chapter 6 Lecture Outline(ec7060.html)

For Thursday
    Compete Chapter 6
    Homework Assignment Due: Gas and Oil Shortages
        (to be distributed in class)
    Quiz Graphing Chapter 4 and 6

Week of August 29

   For Tuesday
        Read Chapter 4 in text
        Print out and read Chapter 4 Lecture Outline ec7040.html
        Do Quiz Preparation Materials Chapter 4 (ec7045-1.html)

       In class: Quiz Chapter 2

    Thursday
          Work on Chapter 4 continued
          Quiz Chapter 4-1
 
 

Week of August 22

        REMEMBER TO BRING SCANTRONS TO CLASS
        Read Chapter 2 in Text
        Read and Print out Chapter 2 Lecture Outline (ec7020.html)
         Quiz Preparation Materials Chapter 2  (ec7025.html)
        Tuesday: Quiz Chapter 1
 
 

Week of August 15
     1.Read Chapter 1 in the Text
     2. Read and Print out Chapter 1 Lecture Outlineec7010.html
      3.   Quiz Preparation Materials Chapter 1   ec7015.html