2. [9/26] Production Possibility Frontier and
Gains from Trade (Mankiw, Ch.
2,
3)
Experiment 1: The LUPI Game (中文說明,
results, and experimenter manual)
Experiment 2: Gains from Trade (中文說明,
results, and experimenter manual)
Homework Solutions: Ch.2,
Ch.3
3. [10/3]
Supply and Demand (Mankiw, Ch.
4)
Experiment 3: Seeing the Invisible Hand (中文說明,
results, and experimenter manual)
Homework Solutions:
Ch.4
• [10/10] No class (Holiday)
4. [10/17]
Elasticity;
"Fixing" the Market? Bad Idea! (Mankiw, Ch.
5,
6)
Experiment 4: Price Control and Taxation (中文說明,
results, and experimenter manual)
Homework Solutions: Ch.5,
Ch.6
• Special Topic: "Mechanism Design"
(which won this
year's
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel)
If you are interested in what
on earth can this be used in the real world, you may:
(A) Read
How the
NYSE market really works (from the Wall Street Journal), and
(B) Watch
Alvin
Roth's lecture on Market Design and Mechanism Design
5. [10/24]
Markets and Welfare:
Application to Taxation (Mankiw, Ch.
7
and
8)
Homework Solutions: Ch.7,
Ch.8
6. [10/31] Markets and Welfare: Application to
Trade (Mankiw, Ch.
9)
Experiment
5: International Trade (中文說明,
results, and experimenter manual)
Homework Solutions:
Ch.9
7. [11/7] Classical Market Failure:
Externalities and/or
Public Goods
(Mankiw, Ch.
10,
11)
Experiment
7:
Public Goods Game (中文說明,
results, and experimenter manual)
Homework Solutions:
Ch.10,
Ch.11
Classical Reading: Harold Demsetz, "The
Private Production of Public Goods,"
Journal of Law and
Economics,Vol.13,No.2.(Oct.,1970),pp.293-306.
• [11/14]
Midterm (3 hours:
9:10-12:10)
Midterm Sample Question
Textbook "Other" Problem Solutions:
Ch.2,
Ch.3,
Ch.4,
Ch.5,
Ch.6,
Ch.7,
Ch.8,
Ch.9,
Ch.10,
Ch.11
8. [11/21]
Cost of Production (Mankiw, Ch.
13)
Homework Solutions:
Ch.13
Want to know what the firm is suppose to do? See
this
video.
9. [11/28] Market Design:
Tradable Permits and
Information Markets (Mankiw, Ch.
10, and Holt, Ch. 34)
Experiment
6:
Externalities - A Tradable Permit Market (中文說明,
results, and experimenter manual)
NCCU
Prediction Markets Center (Presentation)
Economics in the News:
Is the
elasticity of taxi rides in Taipei greater or smaller than 1?
10. [12/5 ] Competitive Markets (Mankiw, Ch.
14)
Experiment
8:
Classical Perfect Competition (中文說明,
results, and experimenter manual)
Homework Solutions:
Ch.14
11. [12/12] Monopoly (Mankiw, Ch.
15)
Experiment
9:
Monopoly, Cartel, and Price Discrimination (中文說明,
results_1,
results_2 and experimenter manual)
Homework Solutions:
Ch.15
Classical Reading: Harold Demsetz, "Why
Regulate Utilities?"
Journal of Law and
Economics,Vol.11,No.1.(Apr.,1968),pp.55-65.
12. [12/19] Oligopoly (Mankiw, Ch.
16)
Experiment
10:
Duopoly (中文說明,
results, and experimenter manual)
Homework Solutions:
Ch.16
13. [12/26] Monopolistic Competition (Mankiw, Ch.
17 and Holt, Ch.
10)
Experiment
11:
A Price & Quantity Market (中文說明,
results, and experimenter manual)
Homework Solutions:
Ch.17
14. [1/2] Asymmetric Information,
Political Economy and Behavioral Economics (Holt
Ch. 1,
and Mankiw, Ch.
22)
Experiment 12: Location, Location, Location! (中文說明,
results, and experimenter manual)
Homework Solutions: Ch.22
15. [1/9]
Factor Market, Wage Differentials and Discrimination (Mankiw, Ch.
18,
19)
Homework Solutions: Ch.18,
Ch.19
Some Interesting Facts about
Income
Inequality (from Pf. Luoh's class)
• [1/16]
Final Exam: Material
are accumulative, but focuses on Ch.13-19 and 22.
Textbook "Other" Problem Solutions:
Ch.13,
Ch.14,
Ch.15,
Ch.16,
Ch.17,
Ch. 18,
Ch. 19,
Ch.22
Online Resources:
1. Gregory Mankiw:
Textbook and
blog
2. R. Preston McAfee: Textbook and
website
3. Charlie Holt:
Textbook and
website
Last
modified on
July 15, 2009