Course curriculum

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    1. 1.1 Scarcity and 1.2 Resource Allocation and Economic Systems (1 and a 1/2 class periods)

    2. 1.3 Production Possibilities Curve (Frontier) Part I (1 and a 1/2 class periods)

    3. 1.3 Production Possibilities Curve (Frontier) Part II (1 and a 1/2 class periods)

    4. 1.4 Comparative Advantage and Trade (1 class period)

    5. EVALUATIONS: HOMEWORK or IN-CLASS ASSIGNMENTS 1.2 thru 1.4

    6. 1.5 Costs-Benefit Analysis and 1.6 Marginal Analysis (1 1/2 class periods)

    7. 1.6 Consumer Choice (Utility), Part II (2 class periods)

    8. EVALUATIONS: HOMEWORK or IN-CLASS ASSIGNMENTS 1.5thru 1.6

    1. 2.1 Demand (Quantity Demanded vs. Demand) (2 class periods)

    2. 2.2 Supply (Quantity Supplied vs. Supply) (2 class periods)

    3. 2.1 and 2.2 COMBINED Supply and Demand Combined (2 class periods)

    4. EVALUATIONS: HOMEWORK or IN-CLASS ASSIGNMENTS 2.1 thru 2.2

    5. 2.3 Price Elasticity of Demand (2 class periods)

    6. 2.4 and 2.5 Price Elasticity of Supply and Other Elasticities (1 and 1/2 class periods)

    7. EVALUATIONS: HOMEWORK or IN-CLASS ASSIGNMENTS 2.3 thru 2.5

    8. 2.6 Consumer and Producer Surplus; Deadweight Loss (DWL) (2 class periods)

    9. 2.7 Market Equilibrium, Disequilibrium, and Changes in Equilibrium (2 class periods)

    10. 2.8: The Effects of Government Intervention in Markets (2 class periods)

    11. EVALUATIONS: HOMEWORK or IN-CLASS ASSIGNMENTS 2.3 thru 2.8

    1. 3.1 The Production Function (1 and 1/2 class periods)

    2. 3.2 and 3.3 Short-Run Production Costs and Long-Run Production Costs (3 class periods)

    3. 3.4 and 3.5 Types of Profit and Profit Maximization (1 class period)

    4. 3.6 Firms' Short-Run Decisions to Produce and Long-Run Decisions to Enter or Exit a Market (1 class period)

    5. 3.7 Perfect Competition (6 to 7 class periods)

    1. 4.1 Introduction to Imperfectly Competitive Markets (1 day)

    2. 4.2 Monopoly (3 - 4 days)

    3. 4.3 Price Discrimination (1 day)

    4. 4.4 Monopolistic Competition (2 days)

    5. 4.5 Oligopoly and Game Theory (2 and 1/2 days)

    1. 5.1 through 5.3 -- 5.1 Introduction to Factor Markets; 5.2 Changes in Factor Demand and Supply; 5.3 Profit-Maximization Behavior in Perfectly Competitive Factor Markets (4 days)

    2. 5.4 Monopsonistic Markets (1 day)

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  • 44 lessons
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