Class1 - Econ 100 1 Winter 2012: Professor Bushnell Econ...

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Unformatted text preview: Econ 100 1 Winter 2012: Professor Bushnell Econ 100 Jim Bushnell Class 1: Introduction 1 Econ 100 2 Winter 2012: Professor Bushnell Outline What is Economics? Course goals Reading the syllabus Available on smartsite Course deliverables Course Process Review of Key Calculus Concepts 2 Econ 100 3 Winter 2012: Professor Bushnell What Economics is About Allocating Resources Consumers choosing how (or if) to spend their money; Firms figuring out what products to make and how Predicting behavior (with econ. Models) What firms will do, what stuff people buy, what prices will be Evaluating economic policy 3 Econ 100 4 Winter 2012: Professor Bushnell Course process Textbook- Microeconomics: Theory and Applications with Calculus 1 st or 2 nd editions are ok Follow textbook pretty closely (3 parts) Consumers and Preferences Firms and Costs Markets and Prices Semi-Weekly Problem Sets Additional practice questions posted on smartsite Role of sections: No sections this week 3 Exams 4 Econ 100 5 Winter 2012: Professor Bushnell Problem Sets About six this quarter Posted under problem sets on smartsite Work in teams is ok Each student must hand in their own original copy to get credit...
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This note was uploaded on 02/01/2012 for the course ECN 100 taught by Professor Parman during the Winter '08 term at UC Davis.

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Class1 - Econ 100 1 Winter 2012: Professor Bushnell Econ...

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