Peter Dorman on a Better Way to Teach Econ 1
Views of Nationwide RomneyCare

Econ 1: Spring 2012: Topics

MW 11-12: Wheeler Auditorium

PART I: EXCHANGE AND MARKETS

W Jan 18: Demand and Supply
M Jan 23: Market Equilibrium
W Jan 25: Market Elasticity
M Jan 30: Price Ceilings/Floors
W Feb 1: Markets as Win-Win Institutions
M Feb 6: Governments Create Markets
W Feb 8: Governments Correct Markets
M Feb 13: Governments Override Markets
W Feb 15: MIDTERM 1

PART II: BUSINESSES AND HOUSEHOLDS

M Feb 20: Households
W Feb 22: Businesses
M Feb 27: Perfect Competition
W Feb 29: Monopolistic Competition
M Mar 5: Monopoly and Oligopoly
W Mar 7: Strategy, Technology, and Growth
M Mar 12: Labor
W Mar 14: Inequality
M Mar 26: MIDTERM 2

PART III: BUSINESS CYCLES

W Mar 28: What Macroeconomics Is
M Apr 2: Aggregate Demand and Aggregate Supply Equilibrium
W Apr 4: Shifting the Aggregate Demand Curve
M Apr 9: Aggregate Supply, the Phillips Curve, and Inflation
W Apr 11: Long-Run Economic Growth
M Apr 16: The Government Budget and the Macroeconomy
W Apr 18: The Global Savings Glut, the Housing Bubble, the Financial Crisis, and the Recession
M Apr 23: Policies to Stem the Recession, and the Jobless Recovery
W Apr 25: The European Financial Crisis

M Apr 30: REVIEW

T May 8 7-10PM: FINAL EXAM


Additional readings:

Partha Dasgupta: Economics: A Very Short Introduction
Paul Seabright: The Needs Company of Strangers
Milton Friedman and Rose Director Friedman: Free to Choose

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