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Friday Dec. 20th 6:00-8:00 pm (Takashi), Meliora 221 8:00-9:00 pm (Onur), Meliora 221
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Final Exam: Saturday, December 21, 2002, 4pm-7pm LAST NAMES A-M: go to Hoyt Hall Auditorium LAST NAMES N-Z: go to Lower Strong Auditorium Note: The final exam IS cumulative! |
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Due to an emergency, I am unable to respond to your e-mails or phone messages, and I may not even be able to read them. I apologize for any inconvenience.
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Review
Sessions for Final Exam:
| September 4 and 6 | Introduction
Models and Evidence |
Read chapters 1-2.
Do questions 1-24 in Chapter
1. |
powerpoint presentation of chapter 1 |
| September 9 | Gains
from Trade (also powerpoint and answers) |
Read Chapter 3.
(Skip the appendix.) Do questions 1-21 in Chapter 3. |
powerpoint presentation of chapter 3 |
| September 11 and 13 | Supply
and Demand (also powerpoint and answers) |
Read Chapter 4, including
the appendix. Do questions 1-21, 24, 27, A1-A2
The most important questions for you to do in Chapter 4 are 5-9, 12-16, 20-21, 24, and A1-A2. |
CORRECTION ON PAGE 98: The equation at the top of page 98 should indeed say that "Qs = c + dP" with a plus sign rather than a minus sign. |
| September 16 | Elasticities (also powerpoint and answers) | Read Chapter 5. Do questions 1-20, 33. The most important questions for you to do in Chapter 5 are 3, 4, 6, 11, 13-15, 25-26, and 28. |
powerpoint presentation of chapter 5 NOTE: Slides 55-60 in the Powerpoint Presentation are BACKWARDS -- the slides have "increases in perfectly elastic supply" and "decreases in perfectly elastic supply" exactly WRONG! |
| September 16 -20 | Applications (also powerpoint and answers) | Read Chapter 6.
Do all the problems. The most important questions in Chapter 6 are 2, 4, 10-12, 16-17, and 20. |
powerpoint presentation of chapter 6 INTERNET ASSIGNMENTS:
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| September 23 and 25 | International Trade, Arbitrage, and Speculation (also powerpoint and answers) | Read Chapter 7.
Do problems 1-23, 26-27, 30.
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| September 27 and 30 | Taxes and Price Controls (also powerpoint and answers) | Read Chapter 8, including the appendix.
Do problems 1-25, 29-30, and A1-A3 in the appendix. The most important questions for you to do in Chapter 8 are 1-4, 8, 10, 12-14, 21, 24, A1-A3. |
Why would the government subsidize a product? For one answer, see this discussion of government subsidies for ethanol in this column by Michael Kinsley from Slate magazine. |
| October 2 | Economic Efficiency (also powerpoint) | Read chapter 9 and
both appendices. Do all end-of-section questions in chapter 9, questions 19-22, 24-25 at the end of the chapter, and appendix questions A1-A2 and B1-B4. |
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| October 4 | Logic of Choice | Read chapter 10.
Don't bother reading the Appendixes -- however, if you know calculus,
you might find Appendix C on page 256 useful to help you understand the
material.
Do all end-of-section questions in chapter 10, and questions 11-13 at the end of the chapter. |
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| October 7 |
No Class -Fall Break |
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| October 9 | Review Class | ||
| October 11 | FIRST MIDTERM | ||
| October 14 | no class | ||
| October 16-18 | Read
chapter 11, skipping the Appendixes. (If
you know calculus, the Appendix (pages 274-5) might help you understand
the material better.)
Do questions 5-9, 15, 19-21 in Chapter 11. Also, read the following ten pages of chapter 12:
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powerpoint slides for Chapter 11 selected answers from chapter 11 |
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| October 21-23 | Monopoly | Read Chapter 14. Do questions 1-14, 16-17, 19, 21 in Chapter 14. |
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| October 25 | Monopolistic Competition | Read chapter 15.
Do questions 1-4 and 14-16. |
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| October 28-30 | Game Theory | Read Chapter 17
Do problems 1-4, 7-8, 15-18, 21-23, 25 Read news article related to credible vs. incredible threats. |
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| November 4-6 | Economics of Information | Read Chapter 20
Do problems 1-12, 14, 19-20, 23d, 24 in Chapter 20. |
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| November 8-13 | Environmental Economics and Public Goods | Read Chapter 21
Do problems 1-28; think about 30-31, 35-37. |
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| November 15 | REVIEW (and catch-up) |
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| November 18 | SECOND MIDTERM | ||
| Introduction
to Macroeconomics and Simple Models of GDP, Prices, and Employment |
SKIM
Chapter 24 (skip the Appendix), reading only those parts necessary
to answer problems 1-4, 6, 7, 12. READ Chapter 25; do problems 1-18, 20, and 22. |
Answers for ch 24 | |
| December 2 | Interest Rates, Savings, and Investment |
Read Chapter 26; do problems 1-18, 20-24, 28, and 30. |
powerpoint
presentation for ch 26 |
| December 4-6 | Economic Growth |
Read Chapter 27; do problems 1-15, 17, and 22. |
powerpoint
presentation for ch 27 |
| December 9-11 | Business Cycles, Financial Markets, and Economic Policies | ||
Note that past Midterms sometimes cover slightly different material