recap-ho

recap-ho - Course Recap Today Evaluations A few final(exam...

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Unformatted text preview: Course Recap March 11, 2010 Today Evaluations A few final (exam) words Course recap Final exam details Three levels of question difficulty Almost everyone should get Many people will get Only a few people will get Format: ∼ 15 Mult-choice; 2-3 free-response Review Session: Friday 3/12 (tomorrow), 2-4pm here Extra OH: Sunday 3/14, 4-6pm, NH 1006 Econ 100a/b: Intermediate Microeconomic Theory What is this course sequence about? 100a: rational choice under scarcity Utility maximization, deriving demand from preferences Profit maximization, deriving supply from costs Applying framework to labor supply, choice over time, uncertainty 100b: Markets: behavior and welfare Regulation: Good or Bad? Should government regulate economic activity? Politicians love to talk about this: “I’m always for less regulation.” –John McCain ( WSJ , March 3, 2008) “. . . I do believe that there is a role for oversight.” –John McCain (same interview) “A lot of the problems that are going on in our country now appear to have been related to lax regulation.” –Texas State Senator Steve Ogden (March 21, 2009) Ogden is a Republican This is an economic question Course Objectives Understand basic theoretical framework we use to think about...
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This note was uploaded on 03/17/2010 for the course ECON 100B taught by Professor Kilenthong during the Spring '08 term at UCSB.

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recap-ho - Course Recap Today Evaluations A few final(exam...

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