Lecture%204%20January%2031

Lecture%204%20January%2031 - Ten ways to help us all make...

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Ten ways to help us all make the most of these 80 minutes 1. Arrive prepared and on time. 2. Silence and stow your cell phone. 3. Use the restroom before , not during class. 4. Stay attentive and engaged until you are dismissed. 5. Ask a question when you don’t understand something. 6. Sit as close to front and center as you can. 7. Do not talk to your neighbors. 8. Do not read or send text messages during class. 9. Do not use a laptop during class. 10.Sleep somewhere more comfortable.
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Today’s Agenda Equilibrium price and quantity in the supply and demand model Comparative statics The rationing and signaling functions of prices
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Office hours Ms. Basak Uysal Wednesday , 11:00 a.m. to 12:30 p.m. 429 New Jersey Hall, College Avenue Campus Mr. Cheng Gao Thursday , 2:00 to 3:20 p.m. 404 New Jersey Hall, College Avenue Campus Prof. Blair Monday , 5:15 to 6:15 p.m. 401 Hickman Hall Wednesday , 8:00 to 10:00 a.m. 303a New Jersey Hall, College Avenue Campus S a k i m e n u h s l l t d i . No p o m c r y J
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Weekly problem sessions Ms. Basak Uysal Wednesday , 1:10 to 2:30 p.m. 219 Scott Hall, College Avenue Campus Mr. Cheng Gao Thursday , 9:50 to 11:10 a.m. 214 Scott Hall, College Avenue Campus D e t a i ls ? S k i m n u
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Office hours this week Check the class Sakai page Wednesday morning.
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To buy or not to buy, that is the question. Price: $59.50 Current trade-in value: $21.74 Net cost: $37.76
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Why are we using this man’s book? A. He won the Nobel Prize in Economics. B. He is a columnist for the New York Times. C. He is the most visible liberal public intellectual in the United States. D. He has a kindly smile.
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Need to find your lost clicker ID? See me after class today with your clicker, pencil, and paper in hand.
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Q $/Q S D Q D (P 0 ) Q S (P 0 ) P 0 surplus
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Q $/Q S D Q D (P 1 ) Q S (P 1 ) P 1 surplus
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Q $/Q S D Q D (P 2 ) Q S (P 2 ) P 2 shortage
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Q $/Q S D Q D (P*) = Q S (P*) P*
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Comparison of equilibrium points
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This note was uploaded on 03/08/2011 for the course ECON 220 taught by Professor Cai during the Spring '08 term at Rutgers.

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Lecture%204%20January%2031 - Ten ways to help us all make...

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