Textbook and References:
2. [ 9 /14]
Production Possibility Frontier and
Gains from Trade (Ch. 2 and
Ch.
3,
blog2 and
blog3;
Ch. 2[4e],
Ch. 3[5e])
Experiment 2:
Gains from Trade (07F results,
08F results,
09F results,
10F results)
3. [ 9 /21]
Supply and Demand (Ch. 4,
blog4;
Ch. 4[6e])
Experiment 3:
Seeing the Invisible Hand (07F results,
08F results,
09F results)
Curious about the trading rules used
in the real world?
Read
Nasdaq's Facebook Problem,
How the
NYSE market really works, and
How BATS ruined its own IPO (all from Wall Street Journal).
4. [ 9 /28]
Elasticity;
"Fixing" the
Market? Bad Idea! (Ch. 5 and
Ch. 6,
blog5 and
blog6)
Experiment 4:
Price Control (07F results,
08F results,
09F results)
5. [10/
5 ]
Markets and Welfare:
Application to Taxation (Ch. 7
and
Ch. 8,
blog7 and
blog8)
Experiment 5:
Taxation (07F results,
08F results,
09F results)
6. [10/12] Markets and Welfare:
Application to
Trade (Ch. 9,
blog9;
Ch. 9[4e])
Experiment 6:
International Trade
(Paper on
the Law of One Price;
09F results)
7. [10/19] Classical Market Failure:
Externalities
(Ch. 10,
blog10)
Experiment
7:
Public Goods Game (07F results,
08F results)
See how anonymity affects Dutch
church donation: a
field experiment
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. [10/26]
Classical Market Failure: Public Goods and
Common Resources
(Ch. 11,
blog11)
Experiment 8:
A Tradable Permit Market (07F results,
08F results)
Further Reading: Rao and Riley (2012), "The
Economics of Spam", Journal of Economic Perspectives, 26(3):
87–110.
9. [11/2]
Information Markets (Holt, Ch. 34)
NCCU
Prediction Markets Center (Presentation)
10. [11/9] Theory of Consumer Choice and Cost of Production (Ch.21, blog21)
•
[11/16]
Midterm (3 hours:
9:10-12:10)
Midterm Sample Question,
Old Midterms:
Fall 2010, Fall
2009,
Fall 2008,
Fall 2007
11. [11/23] Cost of Production (Ch. 13, blog13)
12. [11/26]
Competitive Markets
(Ch.
14,
blog14) [Note special
date!]
Experiment 9:
Bargaining
and Perfect Competition (08F results,
08F graduate
results)
Want to know what the firm is suppose to do? See
this video.
13. [12/ 7 ]
Monopoly
(Ch. 15,
blog15)
Experiment 10:
Monopoly, Cartel, and Price Discrimination
(07F results,
07F
audience)
Classical Reading: Harold Demsetz, "Why
Regulate Utilities?"
Journal of Law and
Economics,Vol.11,No.1.(Apr.,1968),pp.55-65.
13. [12/14]
Monopolistic Competition
(Ch.
16,
blog16)
Experiment 11:
A Price & Quantity Market (07F results)
14. [12/21]
Oligopoly (Ch. 17,
blog17)
Experiment
12:
Duopoly (07F results)
Interesting Paper on possible price fixing of Taiwan CPC
and FPC:
Lien and
Sheu (2008).
15. [12/22]
Factor Markets and
Wage Differentials
and Discrimination (Ch. 18 and
Ch. 19,
blog18
and
blog19) [Note
special date!]
Experiment 13: Education Signaling (new experiment!)
Some Interesting Facts about
Income
Inequality (See pp.11-24; from Pf. Luoh's class)
16. [12/28] Frontiers of (Micro-)Economics (Ch. 22,
blog22)
Experiment 14:
Location, Location, Location! (07F results)
•
[ 1
/ 4 ] Quiz and last TA session
[Note special date!]
•
[ 1
/11] Final Exam:
Cumulative, but focuses on the second half (Ch.13-22).
Old Finals:
Fall 2010,
Fall 2009,
Fall 2008,
Fall 2007
Last
modified on
December 31, 2012