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revised 1/17/08
University of Wisconsin, Department of Economics
Econ 111: Principles of Economics – Accelerated Treatment
Spring 2008
Prof James Montgomery
2436 Social Science
jmontgom@ssc.wisc.edu
www.ssc.wisc.edu/~jmontgom
Office hours: Friday 9:3011:30 AM or by appointment
Course description
This course provides an accelerated introduction to microeconomic and macroeconomic
theory and applications.
It covers the same material as Economics 101 and 102
combined.
We will thus need to move quickly through the material.
The course is
designed for honors students who possess strong analytical skills.
We will make
extensive use of graphs, algebra, and mathematical reasoning.
I will sometimes provide
optional calculus derivations, but the course is intended to be selfcontained for students
who have not taken calculus.
Students often find this course challenging.
Unless you
possess strong analytical skills and are willing to work very hard, you are strongly
encouraged to consider Economics 101 or 102 as an alternative.
Readings
The textbook for the course is Stiglitz and Walsh,
Economics
, 4th ed (Norton), which is
available at the University bookstore.
This book will be read almost from cover to cover.
The
Study Guide
for the StiglitzWalsh textbook is recommended for students wanting
additional practice problems.
Further readings may be assigned and distributed in class.
Exams and grading
Four exams are scheduled.
You should always bring a calculator to the exams.
Midterm
exams will be held in class on
February 19
,
March 27
, and
April 29
.
Each of these
exams will cover the material since the previous exam.
The final exam will be held
during test week on
Sunday, May 11 at 10:05 am.
The final exam will be
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 Spring '08
 MONTGOMERY
 Economics

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