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Menu_22_Aug_11 - i Microeconomics ii Macroeconomics c...

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TODAY’S MENU: Monday 22 August 2011 I. BUSINESS A. Practice Problems (answers on Moodle) 1. Chapter 1: 6-12, 16-18, 21 B. Labs DO meet this week: Wednesday and Friday II. SUBSTANCE A. Introductory comments 1. The course 2. The subject B. Syllabus: a few words C. The basics 1. Economies and economics a. Definitions b. What? How? For whom? Consequences?
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Unformatted text preview: i. Microeconomics ii. Macroeconomics c. Markets D. Economic reasoning 1. Opportunity Cost and Scarcity 2. The Margin 3. Rationality III. NEXT TIME A. Finish Chapter 1: “Economics and Economic Reasoning” B. Begin Chapter 2: “The Production Possibility Model…”...
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