Due to the Coronavirus pandemic my spring semester face-to-face courses could not meet on campus. I therefore recorded what we would normally have done in class including the clicker quiz questions, yellow page questions, and short lectures, and posted them online. There are also two former lectures recorded on snow days.

I am making them available to my online summer sections. I hope you find them helpful.

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

1a - The Class and the Math
1b - The 5Es of Economics
1c - Making Choices: Scarcity and Budget Lines
1d - Making Choices: Production Possibilities and
Benefit-Cost Analysis
2a - Market Economies and Trade
3a -
Demand
3b - Supply
3c - Market Equilibrium and Efficiency
5a - Gov't Interference in Markets and Market Failure
(Negative Externalities)
5b - Market Failure Con't: Positive Externalities and
Public Goods

 

UNIT 2: Elasticity, Consumer Choice, and Costs

4a - Price Elasticity of Demand and Tax Incidence
4b - Other Types of Elasticity
6a - Consumer Decisions: Utility Maximization
7a - Econ. Profit and the Production Function
7b - Production Costs in the Short Run
7c -
Production Costs in the Long Run

 

Unit 3: Are Businesses Efficient? Product Markets and Efficiency

8/9a - Pure Competition: Characteristics and Short
Run Equilibrium

8/9b -
Pure Competition: Long Run Equilibrium and Efficiency
10a -
Monopoly: Characteristics and Short Run
Equilibrium

10b -
Monopoly: Long Run Equilibrium, Price
Discrimination, and Regulation

11a -
Monopolistic Competition: Are Businesses
Efficient?

11b -
Oligopoly: Are Businesses Efficient? and
Game Theory

 

Unit 4: Labor and Efficiency: Resource Markets, Inequality, and Immigration

12a - Demand For Resources
13a -
Wage Determination: Labor Markets
20a -
Income Inequality and Discrimination
22a -
Immigration