Course Schedule | Ripped from the Headlines | Exams

Course Schedule

Lecture Class Materials Assignments and Deadlines
1
8/27
Four Core Principles
Read
  • SW, Chapter 1
  • Supplemental
    • On opportunity costs: Demsas, Jerusalem, “Buses Shouldn't Be Free”, The Atlantic, December 9, 2022. [link]
    • On the marginal cost of public funds: [link]
Lecture Notes [LN1]
Handouts
2
9/3
Demand
Read
  • SW, Chapter 2
Lecture Notes [LN 2]
Handouts
  • Problem set 2, online
Due
  • Problem set 1
3
9/10
Supply
Read
  • SW, Chapter 3
Lecture Notes [LN 3]
Handouts
  • Problem set 3
Due
  • Problem set 2
4
9/17
Equilibrium
Read
  • SW, Chapter 4
Lecture Notes [LN 4]
Handouts
  • Problem set 4
Due
  • Problem set 3
5
9/24
Elasticity
Read
  • SW, Chapter 5
Lecture Notes [LN 5]
Handouts
  • Problem set 5
Due
  • Problem set 4
6
10/1
Govt. Policy
Read
  • SW, Chapter 6
  • Supplemental
Lecture Notes [LN 6]
Handouts Due
  • Problem set 5
7
10/8
Vanilla Case
Read
  • “Boom and Bust: Vanilla's Extraordinary Commodity Cycle and What to Expect Next”, Cook's Vanilla, December 9, 2019. [link]
  • “Our Love of Natural Vanilla is Causing a Vanilla Shortage”, NPR, June 16, 2017. [link]
  • “How Did Madagascar Become the World's Biggest Producer of Vanilla?”, Atlas Obscura, December 10, 2020. More [link] on vanilla
  • “Crisis in Madagascar Over Hundreds of Tonnes of Vanilla Unsold”, Le Monde, April 20, 2023. [link]
Lecture Notes [LN 7]
Handouts
  • n/a
Due
  • Problem set 6
  • Lecture 7 Case Study Preparation [link]
8
10/15
Midterm: in person Due
  • n/a
9
10/22
Welfare
Read
  • SW, Chapter 7
Lecture Notes [LN 9]
Handouts
  • Problem set 9
Due
  • n/a
10
10/29
Comparative Adv.
Read
  • SW, Chapter 8
Lecture Notes [LN 10]
Handouts
  • Problem set 10
Due
  • Problem set 9
Election Day
11/5
11
11/12
Market Power
Read Lecture Notes [LN 11] Handouts
  • Problem set 11
Due
  • Problem set 10
12
11/19
Entry, Exit, Profitability
Read
  • SW, Chapter 15
Lecture Notes [LN 12]
Handouts
  • Problem set 11
  • Lecture 13 case study preparation [link]
Due
  • Problem set 10
Thanksgiving Break
11/26
13
12/3
Externalities
Read Lecture Notes [LN 13] Handouts
  • Problem set 12
  • Lecture 14 case study assignment [link]
Due
14
12/10
Public goods
Read
  • SW, Chapter 10, section 10.4
  • Weinzierl, Aocella and Yamazaki, “Astroscale, Space Debris, and Earth's Orbital Commons”, Harvard Business School Case 9-716-037, May 18, 2016. Purchase for $5 at [link]
  • Two podcasts on public goods
    • Lighthouses, Autopsies, and the Federal Budget, [link]
    • How to Stop an Asteroid, [link]
    Lecture Notes [LN 14]
Handouts
  • n/a
Due
Final
12/17
In person
  • 3:00 to 5:00, COR 207
  • 5:20 to 7:20, MPA 305
Done! Enjoy your break.

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