Syllabus
Lecture Note: (Requires username and password)
Week 1: Introduction (zoom recording: part 1, part 2, note)
Week 2: Opportunity Cost, AA, CA, Specialization and Trade OC exercise (zoom recording: part1, part2, part3)
Week 3: PPF (ver1, ver2), Demand, Exe1, Exe2, (zoom recording: part1, part2, part3)
Week 4: Demand, Supply, Equilibrium, Exe, (zoom recording: part1, part2, part3)
Week 5: Equilibrium, Demand-Supply Applications (zoom recording: part1, part2, part3)
Week 6: Demand-Supply Applications (2) (zoom recordings: part1, part2, part3)
Week 7: Elasticity; Point Elasticity (zoom recordings; part1, part2, part3 - extra Q&A session part1, part2)
Week 8: midterm exam
Week 9: Household Behavior and Consumer Choice (part1: budget constraint, indifference curve) (zoom; part1, part2, part3)
Week 10: Household Behavior and Consumer Choice (part2) (zoom; part1, part2, part3)
Week 11: The production process:The behavior of profit-maximizing firm; Short-run costs and output decisions (part1) (zoom; part1, part2, part3)
Week 12: Short-run costs and output decisions (part2) (zoom; part1, part2, part3)
Week 13: No Class (new year)
Week 14: Long-run costs and output decisions (zoom; part1, part2, part3)
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