Econonomics 201 Winter 2010

Microeconomics

Intructor: Francis P. Ferguson PhD

Phone: Home 503-641-2729

Cell 503-997-3121

Web Page www.fpferguson.com

Text: Economics

Paul Krugman and Robin Wells

Jan 5 Introduction

Jan 7 The Nature of Economics, Scarcity and Choice. Graphs in Economics

For this week, read Chapters 1 and 2

Jan 12 Making Decisions, the Rational Consumer

For this week, read Chapters 7 and 10.

Jan 14 Consumer Choice and Demand

For this week, read Chapter 11.

Jan 19 The Theory of the Firm

For this week, read Chapters 8 and 9

Jan 21 The Interaction of Supply and Demand

For this week, read Chapters 3 and 4.

Jan 26 Elasticity

For this week, read Chapter 5.

Jan 28 Coonsumer and Producer Surplus

For this week, read Chapter 6

Feb 2 Review

No Readings for this week.

Feb 5 MID TERM EXAMINATION

Feb 9 Factor Markets: Wages and Employment

For this week, read chapters12

Feb 11 Efficiency and Equity

For this week, Read Chapter 13

Feb 16 Monopoly

For this week, read Chapter 14

Feb 18 Oligopoly and Monopolistic Competition

For this week, read Chapter 15.

Feb 23 1 Externalities

For this week, read Chapter 19

Feb 25 Public Goods

                        RFor this week read Chapter 20.

Mar 2 Taxes, Social Insurance and Income Distribution

For this week, read Chapter 21

Mar 4 International Trade and the Balance of Payments

For this week, read Chapter 17

Mar 9 New Directions for Markets

For this week, read Chapter 22

Mar 11 Review

Mar 16 No Class, Finals Week

Mar 18 FINAL EXAM