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