Monday

Tuesday

Wednesday

Thursday

Friday

 

 

 

 

4/17

 

4/18

• Resource Pricing

• MRP = MRC

• Determinants of

     Resource Demand

 • Elasticity of

     Resource Demand

HW - read pg. 263-266

#2 pg. 268

 

4/19

• Optimal  

     Combination of

      Resources

• Marginal

      Productivity

      Theory of

       Income

       Distribution

 

HW – read pg. 271-275 up to “Monopsony Model”

#6 pg. 268

4/22

• Income Distribution

• Wages

• Purely Competitive

    Labor Market

 

HW – read pg. 275-280 up to “The Minimum Wage Controversy”

# 4 pg. 289

 

4/23

• Monopsony

• Three Unions

• Bilateral Monopoly

 

HW – read pg. 280-286

Complete assigned question #6 or #7 pg. 289

4/24

• Economic Rent

 

HW – Read pg. 299-309

4/25

• Interest

• Economic Profit

 

 

HW - STUDY

4/26

• TEST

 

HW – read pg. 336 – 339

 

4/29

• Public Goods

 

HW – read pg. 340 – 347 up to “Climate Change”

 

4/30

• Externalities

 

HW – read pg. 348 (start at “Information Failures”) to 353

# 3 pg. 354

 

5/1

• Information Failure

 

HW – read pg. 357-363 up to “Apportioning the Tax Burden”

5/2

• Majority Voting

• Government

    Failure

 

HW – read pg. 363-371

5/3

• Tax Incidence

• Efficiency Loss

 

HW - Review

5/6

• Loose Ends

• Review

 

HW - STUDY

5/7

 TEST

5/8

 

5/9

 

5/10