| SES # | TOPICS | KEY DATES |
|---|---|---|
| 1 | Overview of the Current U.S. Economy Supply and Demand | |
| 2 | Supply and Demand (cont.) and Elasticity | Problem set 1 due |
| 3 | Tutorial 1: Simple First Derivatives and Basic Calculus | |
| 4 | Begin Utility Maximization and the Allocation of Scarce Resources - e.g. the Machinery Behind the Demand Curve | |
| 5 | Utility Maximization (cont.) Individual Demand and Market Demand | Problem set 2 due |
| 6 | The Cost of Medical Care - An Application of Demand/Supply and Utility Under Uncertainty | |
| 7 | Technology, Costs and Returns to Scale | |
| 8 | Technology, Costs and Returns to Scale (cont.) | Problem set 3 due |
| 9 | Basic Logic of Profit Maximization | Problem set 4 due |
| First Midterm (covers through Session 8) | ||
| 10 | Profit Maximization in Competitive Markets | |
| 11 | Profit Maximization in Competitive Markets (cont.) | Problem set 5 due |
| 12 | Profit Maximization Under Monopoly | |
| 13 | Oligopoly and Monopolistic Competition | Problem set 6 due |
| 14 | A Taste of Simple Game Theory | |
| Second Midterm (covers through Session 12) | ||
| 15 | International Trade and Offshoring | |
| 16 | Pulling it Together - Trade, Technology and the Labor Market | Problem set 7 due |
| 17 | Course Wrap-up | |
| 18 | Final Exam |