Unit 1: Markets are Efficient, Except . . . Intro to Microeconomics

Lesson 1b: The 5Es of Economics

Assignments

Readings: Syllabus 5Es online reading (VERY IMPORTANT!) Ch. 3: "Efficient Allocation" pp. 58-59 Ch. 3 and 6: "Diminishing Marginal Utility" pp. 49 and 117 Ch.1, Appendix on Graphing Lecture Outline Video Lectures: REVIEW OF GRAPHING CONCEPTS 1.2.1 Using Graphs to Understand Direct Relationships 9:50 [MyNotes] 1.2.2 Plotting A Linear Relationship Between Two Variables 9:57 [MyNotes] 1.2.3 Changing the Intercept of a Linear Function 8:42 [MyNotes] 1.2.4 Understanding the Slope of a Linear Function 7:28 [MyNotes] OPTIONAL: Khan Academy Exercise: Graphing Points Khan Academy Exercise: Graphing Points 2  OPTIONAL: MATH, ALGEBRA, AND GEOMETRY FOR ECONOMICS STUDENTS How to Multiply and Divide Fractions in Algebra for Dummies (YouTube fordummies 1:50) Simple Equations (Khan Academy 11:06) Solving One-Step Equations (Khan Academy 1:54) Solving One-Step Equations 2 (Khan Academy 2:23) Practice (Khan Academy ) Solving Ax + B = C (Khan Academy 8:41) Area and Perimeter (Khan Academy 12:20)

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