Textbook and References:
2. [9/17]
Production Possibility Frontier and
Gains from Trade (Ch. 2 and
Ch.
3,
blog2 and
blog3;
Old Chapter 2,
Old Chapter 3)
Experiment 2:
Gains from Trade (07F results,
08F results,
09F results,
and your results)
Homework Solutions:
Ch.2,
Ch.3
3. [9/24]
Supply and Demand (Ch. 4,
blog4)
Experiment 3:
Seeing the Invisible Hand (07F results,
08F results,
09F results,
and your results)
Homework Solutions:
Ch.4,
additional problems
Curious about the trading rules used
in the real world? Read
How the
NYSE market really works (from the Wall Street Journal).
4. [10/1]
Elasticity;
"Fixing" the
Market? Bad Idea! (Ch. 5 and
Ch. 6,
blog5 and
blog6)
Experiment 4:
Price Control (07F results,
08F results,
09F results,
and your results)
Homework Solutions:
Ch.5,
Ch.6
5. [10/8]
Markets and Welfare:
Application to Taxation (Ch. 7
and
Ch. 8,
blog7 and
blog8)
Experiment 5: Taxation (07F results,
08F results,
09F results, and your results)
Homework Solutions:
Ch.7,
Ch.8,
additional problems
6. [10/15] Markets and Welfare:
Application to
Trade (Ch. 9,
blog9;
Old Chapter 9)
Experiment 6:
International Trade
(Paper on
the Law of One Price;
09F results and your results)
Yoram's
new video on Economist Egg Receipt, Macroeconomics, and the Nobel Prize
Announcement.
Homework Solutions:
Ch.9
7. [10/22] Classical Market Failure:
Externalities
(Ch. 10,
blog10)
Experiment
7:
Public Goods Game (07F results,
08F results,
09F results, and your results)
See how anonymity affects Dutch
church donation: a
field experiment
Homework Solutions:
Ch.10
Classical Reading: Harold Demsetz, "The
Private Production of Public Goods,"
Journal of Law and
Economics,Vol.13,No.2.(Oct.,1970),pp.293-306.
8. [10/29]
Classical Market Failure: Public Goods
(Ch. 11,
blog11)
Experiment 8:
A Tradable Permit Market (07F results,
08F results,
09F results, and your results)
Homework Solutions:
Ch.11
9. [11/5]
Tradable Permit Markets
and
Information Markets (Holt, Ch. 34)
Homework
Solutions:
Ch.21
NCCU
Prediction Markets Center (Presentation)
•
[11/12]
Midterm (3 hours:
9:10-12:10)
Midterm Sample Question,
Old Midterms: Fall
2009,
Fall 2008,
Fall 2007
See also this
interesting blog entry regarding interview questions.
10. [11/19]
Theory of Consumer Choice (Ch.21,
blog21
and
Ch. 13,
blog13)
Experiment 9:
Bargaining
and Perfect Competition (08F results,
08F graduate
results, 09F results, and your results)
Homework
Solutions:
Ch.13
Want to know what the firm is suppose to do? See
this
video.
11. [11/26]
Cost of Production and
Competitive Markets (Ch. 14,
blog14)
Homework Solutions:
Ch.14
12. [12/
3 ] Monopoly (Ch. 15,
blog15)
Experiment 10:
Monopoly, Cartel, and Price Discrimination
(07F results,
07F
audience, 08F results, 09F results, and your results)
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.
13. [12/10]
Monopolistic Competition (Ch.
16,
blog16)
Homework Solutions:
Ch.16
14. [12/17]
Oligopoly (Ch. 17,
blog17)
Experiment 11:
A Price & Quantity Market (07F results,
08F results, 09F results, and your results)
Homework Solutions:
Ch.17
Interesting
Paper on possible price fixing of Taiwan CPC and FPC:
Lien and
Sheu (2008).
15. [12/24]
Factor Markets (Ch. 18,
blog18)
Experiment
12:
Duopoly (07F results,
08F results, 09F results, and your results)
Experiment 13: Education Signaling
Homework Solutions:
Ch.18
16. [12/31]
Wage Differentials
and Discrimination (Ch. 19,
blog19)
Experiment 14:
Location, Location, Location! (07F results)
Homework Solutions:
Ch.19
Some Interesting Facts about
Income
Inequality (See pp.12-22; from Pf. Luoh's class)
•
[ 1
/ 7 ] Final Exam:
Cumulative, but focuses on the second half (Ch.13-22).
Old Finals:
Fall 2009,
Fall 2008,
Fall 2007
17.
[ 1 /14]
Economics in the News;
Frontiers of (Micro-)Economics (Ch. 22,
blog22)
Homework Solutions: Ch.22
Last
modified on
January 15, 2011