Finally! Everything should be cooperative now, let me know of any issues. This only covers about half of the normal lecture. On Tuesday we’ll be having an in-class activity.
10/22/2009 – Opportunity Cost, Trade, and Demand Curves 10/27/2009 – Reviewing Demand Curves, Supply Curves, Market Equilibrium, and Price Ceilings/Floors (Audio Only) 10/29/2009 – Review Market Equilibrium, Elasticities, and Consumer & Producer Surplus 10/31/2009 – Review Surplus & Elasticities and Taxation Policy
The lecture notes are here. Content: introduction to Economics 102; what is economics; political economy; and the first part on opportunity cost & production possibilities frontier. You can listen to the lecture, click on the notes to jump to specific sections, or download the PDF of the notes (without audio).
Homework #2 has been posted on the course page and below. This is due Thursday, July 9th.