Textbook and References:
1b. [ 9 /16]
Production Possibility Frontier
Videos: Why Politicians Don't Cut Spending, Opportunity Cost, and Trade Creates Wealth.
ALL: Economic Methods and Economic Questions (Ch. 2)
2. [ 9 /25]
Supply and Demand (Ch. 4[7e])
Experiment 3: Seeing the Invisible Hand (Group Record and Handout; Results: 07F, 08F, 09F, 13F-HSS, 15F@p.12, 17F, 20F@p.7)
WSJ reading: Nasdaq Fresh Market Failure, Nasdaq Facebook Problem, How NYSE really works, and How BATS ruined its own IPO.
ALL: Demand, Supply and Equilibrium (Ch. 4)
• [10/ 2 ] Mid Autumn Festival Long Weekend (Holiday)
5 ] "Fixing"
the Market? Bad Idea! [Note special
ALL: The Government in the Economy: Taxation and Regulation (Ch. 10)
• [10/ 9 ] Double-Tenth Long Weekend (National Holiday)
5b. [10/16] Markets and
Welfare: Application to Taxation
Experiment 4: Price Control (Results: 07F, 08F, 09F, 15F@p.7, 17F)
Experiment 7: Public Goods Contribution (paper version slides and record sheet) (Results: 07F, 08F, 17F)
6. [10/23] Classical Market Failure:
Experiment 6: A Tradable Permit Market (slides) (Past Results: 07F, 08F) [Tradable Permit Market Exam Question]
ALL: Externalities and Public Goods (Ch. 9)
Read about The Economics of Spam.
Classical Market Failure: Public Goods and
Common Resources; Markets and Welfare:
Application to Trade (Ch. 9[4e])
Read how Anonymity Affects Donation and Private Production of Public Goods.
ALL: Trade (Ch.8)
• [11/ 6 ] Quiz 1 (Ch. 1-11)
• [11/20] NTU Sports Day Event (University Holiday)
8b.[11/25] Cost of Production [Note special date!]
4 ] Monopolistic Competition
Experiment 1a: The LUPI Game Revisited (Largest Unique!!)
Experiment 9: Perfect Competition (Results: TBA)
Experiment 10: Monopoly and Price Discrimination (Results: TBA)
ALL: Oligopoly and Monopolistic Competition (Ch. 14)
Experiment 11: A Price & Quantity Market (Results: TBA)
Experiment 12: Duopoly 1 & 2 (Results: 07F results)
Read about Possible Price-fixing by Taiwan CPC and FPC.
ALL: Game Theory and Strategic Play (Ch. 13)
Frontiers of (Micro-)Economics
Experiment 14: Location, Location, Location! (Results: TBA)
Experiment 15: Labor Market Bargaining (Results: TBA)
ALL: Social Economics (Ch. 18)
ALL: Political Economy (Web Chapter 3)
• [ 1/ 1 ] New Year Day (Holiday)
• [ 1/ 8 ] Quiz 2 (Ch. 13-22)
Last modified on 2020-12-10