ASSIGNMENTS FOR: [Unit
1] [Unit
2] [Unit
3] [Unit
4]
Unit 1-An Introduction To
Economics, Efficiency, and the Market System
[Reading Assignments]
[Study Guide
Problems]
Unit 1 Reading Assignments
- Ch. 1:
pp. 3-8 The Economic Perspective
pp. 9-10 Macroeconomics and Microeconomics
pp. 12-13 Last word: fast food Lines
OPTIONAL: pp. 15-19 Graphing
- Ch. 2 -- The Economizing Problem: Making
Choices
All of chapter 2, PLUS
p. 4, "Rational Behavior", Marginalism: Benefits and
Costs"
pp. 340-341, "Society's Optimal Amount of Externality
Reduction"
- Ch. 4 -- Pure Capitalism and the Market
System: The Market and the 5 Es
ALL
- Ch. 3 -- Understanding Individual Markets:
Demand and Supply
ALL plus
pp. 128-131 Government Set Prices
- Ch. 5 & 17 -- The Economic Functions of
Government and the 5 Es
pp. 79-83 The Public sector: government's Role
pp. 330-345
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Unit 1 Study Guide Problems
- Ch. 1 --
Multiple Choice: pp. 4-6, # 1, 2, 3, 4, 9, 10, 17, 18
Appendix on Graphs
- Multiple Choice: pp. 12-13, #1, 2, 6, 11, 12,
15-17,
- Problems: pp. 13- 14, #1
- Ch. 2 --
Multiple Choice: pp. 21-23 # 1, 4-25 AND p. 196, #
18-20
Problems: pp. 24-25 # 1-5
- Ch. 4 --
Multiple Choice: pp. 40-42, # 1, 5, 6, 10-17, 24,
25.
Problems: pp. 42 # 1
- Ch. 3 --
Multiple Choice: pp. 31-33 # 1-29 AND pp. 74 #
26-30
Problems: pp. 33-35 # 1, 2, 3, 7
- Ch. 5 &17 --
Multiple Choice: pp.50-51 # 9-16; pp. 194-197 # 1,
6-14, 17-20
Problems: pp.52 # 3; pp. 197-199 # 2, 3, 4, 5
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Unit 2-Consumer Decisions and Costs of
Production
[Reading Assignments]
[Study Guide
Problems]
Unit 2 Reading Assignments
- Ch. 7 --Deciding How Much (Elasticity)
pp. 116-128, 362-367
- Ch. 8 --Consumer Decisions
pp. 136-146
- Ch. 9 --Producer Decisions: The Costs of
Production.
pp. 157-175
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Unit 2 Study Guide Problems
- Ch. 7 --Deciding How Much (Elasticity)
Multiple Choice: pp. 69-72: #1-18, 20-25
Problems: pp. 72-4: #1-6
- Ch. 8 --Consumer Decisions
Multiple Choice: pp.81-2: #1, 3-7, 9-21
Problems: pp. 83-4: #2-4
- CORRECTION: Question #4 - Table at the bottom of
the page
5th column (MU/$3) the "20" should be a "10".
- Ch. 9 --Producer Decisions: The Costs of
Production.
Multiple Choice: pp.99-102: #1-12, 15-18, 20-30
Problems: pp. 102-105: #1-3, 5-8
[TOP]
Unit 3-Product Markets: Decision Making and
Efficiency
[Reading Assignments]
[Study Guide
Problems]
Unit 3 Reading Assignments
- Ch. 10 -- Producer Decisions: Benefits (Pure
Competition).
pp. ALL
- Ch. 11 -- Monopolies and Inefficiency
pp. ALL, PLUS "Effectiveness of Antitrust Laws pp.
378-381,3 "Industrial Regulation" pp. 381-384
- Ch. 12 -- Monopolistic Competition and Oligopoly.
pp. ALL
[TOP]
Unit 3 Study Guide
Problems
- Ch. 10 -- Producer Decisions: Benefits (Pure
Competition).
Multiple Choice: pp. 111-114: #1-8, 11-17, 19, 20
(difficult), 21, 26-30
(?) 22-25
Problems: pp. 114-118: #1, 2, 3, 4
- Ch. 11 -- Monopolies and Inefficiency
Multiple Choice: pp.126-128: #1-5, 8-12, 14-16, 18,
20-25
Problems: pp. 128-130: # 1 ?, 2 (very good), 3, 4, 5
- Ch. 12 -- Monopolistic Competition and Oligopoly.
Multiple Choice: pp.139-141: # 1-19, 23-27, 30
Problems: pp. 141-144: # 1, 2, 4
[TOP]
Unit 4-Resource Markets: Decision
Making, Efficiency, and Equity
[Reading Assignments]
[Study Guide
Problems]
Unit 4 Reading Assignments
- Ch. 14 -- The Demand for Resources
ALL
[answers]
- Ch. 15 -- Wage Determination: Labor Market Models and
Efficiency
pp. 292-305, 433-436 [answers]
- Ch. 21 -- Income Inequality
pp. 305-308, 409-420 [answers]
[answers]
- Ch. 22 -- Discrimination and Immigration
pp. 436-447
[TOP]
Unit 4 Study Guide Problems
- Ch. 14 --The Demand for Resources
Multiple Choice: pp.163-5: # 1-11, 13-20, 22-25
Problems: pp. 165-6: # 1,2,3,4
- Ch.15 --Wage Determination
Multiple Choice: pp.174-6: # 3, 5-23
Problems: pp. 176-8: # 1,2,3,4
- Ch. 21:
13th:
- Multiple-Choice Questions - pp. 248-50 3, 4, 5, 6,
7, 8, 9, 10, 11, 12, 14, 15, 16, 17, 18, 19
Problems - pp. 250-252 1
Multiple-Choice Questions - pp. 165 24, 25
Multiple-Choice Questions - pp. 174-6 1, 2, 22,
23,
- Ch 23:
13th:
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