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Schedule of Events |
| Date | Place | Event | Preparation |
| Monday, March 31 | Lecture | Introduction | |
| April 1-3 | Section | Experiment 1
Supply and Demand |
Read instructions for Exp.1
All sections meet this week. |
| Wednesday, April 2 | Lecture | Opportunity Cost | |
| Friday, April 4 | Lecture | Supply and Demand | Read Chapter 1 |
| Monday, April 7 | Lecture | The Invisible Hand | Read Chapter 1 |
| April 8-10 | Section | Experiment 2
Shifting Supply |
Read instructions for Exp. 2
Turn in Exp. 1 homework |
| Wednesday, April 9 | Lecture | The Algebra of Supply and Demand | Read Appendix A.1 |
| Friday, April 11 | Lecture | No class today | Read Chapter 2 |
| Monday, April 14 | Lecture | Shifts in Supply | Read Chapter 2 |
| April 15-17 | Section | Experiment 3
A Sales Tax |
Read instructions for Exp. 3
Turn in Exp. 2 homework |
| Wednesday, April 16 | Lecture | Price Elasticity of Demand | Read Appendix A.2-A.4 |
| Friday, April 18 | Lecture | Shifts in Demand | Read Chapter 2 |
| Monday, April 21 | Lecture | A Sales Tax | Read Chapter 3 |
| April 22-24 | Section | No sections this week. | |
| Wednesday, April 23 | Lecture | Quiz 1 on Chapters 1-2 | |
| Friday, April 25 | Drop Deadline: 4 p.m. today | ||
| Friday, April 25 | Lecture | No class today | |
| Monday, April 28 | Lecture | Excess Burden of a Tax | Read Chapter 3 |
| April 29 - May 1 | Section | Experiment 5
A Minimum Wage |
Read instruction for Exp. 5
Turn in homework for Exp. 3 |
| Wednesday, April 30 | Lecture | Marginal Product | Read Chapter 5 |
| Friday, May 2 | Lecture | A Minimum Wage and Unemployment | Read Chapter 5 |
| Monday, May 5 | Lecture | Price Ceilings and Price Floors | Read Chapter 5 |
| May 6-8 | Section | Experiment 8 Entry and Exit of Firms |
Read instruction for Exp. 8 Turn in homework for Exp. 5 |
| Wednesday, May 7 | Lecture | Quiz 2 on Chapters 1-3 | |
| Friday, May 9 | Lecture | Entry and Exit | Read Chapter 8 |
| Monday, May 12 | Lecture | Long Run Equilibrium | Read Chapter 8 |
| May 13-15 | Section | Experiment 7
Monopoly and Cartels |
Read instructions for Exp. 7
Turn in homework for Exp. 8 |
| Wednesday, May 14 | Lecture | No Class Today | |
| Friday, May 16 | Lecture | Monopoly and Marginal Revenue | Read Chapter 7 |
| Monday, May 19 | Lecture | Cartels Marginal Revenue and Price Elasticity |
Read Chapter 7 |
| May 20-22 | Section | Experiment 6 |
Read instructions for Exp. 6 Turn in homework for Exp. 7 |
| Wednesday, May 21 | Lecture | Quiz 3 on Chapters 1 - 4, 5, 8 | |
| Friday, May 23 | Lecture | Pollution and Externalities | Read Chapter 6 |
| Monday, May 26 | Lecture | Memorial Day. No class today. | Read Chapter 6 |
| May 27-29 | Section | Experiment 11 Comparative Advantage |
Read instructions for Exp. 11 Turn in homework of Exp. 6 |
| Wednesday, May 28 | Lecture | Taxes and Pollution Permits | |
| Friday, May 30 | Lecture | Comparative Advantage | Read Chapter 11 |
| Monday, June 2 | Lecture | International Trade | Read Chapter 11 |
| June 2-4 | Sections | Review Chapters 6 and 11 for final. | |
| Wednesday, June 4 | Lecture | Wrap Up | |
| Friday, June 6 | Lecture | No class today. | |
| Monday, June 9
9 a.m. to 11 a.m. |
Lecture | Final Exam
Chapters 1 -8 and 11. |