Lectures Econ 1, Spring 2002


Introduction
Chapter 1--Supply and Demand
More on Supply and Demand

Chapter 2--Shifting Supply Curves
Revenue and Elasticity
Shifting Demand Curves

Chapter 3--Sales Tax
Taxes, Excess Burden, Subsidies

Chapter 4--Prohibition

Chapter 5--Demand for Labor
Price Floors and Ceilings
More floors and ceilings

Chapter 6--Externalities
Pollution Permits and Positive Externalities

Chapter 7--Monopoly
Cartels and Price Discrimination
Monopoly and Price Elasticity

Chapter 8--Entry and Exit

Chapter 11--Comparative Advantage and Trade
More on International Trade

Chapter 12--A Lemons Market (Adverse Selection and Self-confirming beliefs)