Professor Fred E. Foldvary

Markets and Prices

Econ 11, Spring 2005

Dept. of Economics
Santa Clara University

Midterm 2 answer keys 8:00 ...... 9:15

Chapter 11 is optional; read the class notes on public goods for Friday.

Your scores 8:00 and 9:15

Civil Society lecture 2 takes place Wednesday, 5:30, Brass Rail
The problem set is due Friday.

Midterm 1 answer keys 8:00 ...... 9:15

The syllabus: 8:00 or 9:15

To Aplia

Mankiw textbook web site.
Mankiw xtra

Lectures

Introduction

Factors

Chapt 1, ten principles

Chapt 1, main definitions

Chapt 2, production, circular models

Chapt 2, economic thinking

Chapt 3, Exchange

Chapt 3, Definitions

Chapt 4, Supply and Demand

..... Questions on supply and demand

Chapt 21, Consumer choice

Chapt 5, Elasticity

Chapt 5, Elasticity questions

Chapt 6, Interventions on Supply and Demand

Chapt 7, Production and consumption

Chapt 8, Excess burden of taxes

Chapt 9, Trade and social surplus

... Note: Chapter 9 is not included in the exams.

Chapt 10, Externalities

Chapt 11, Public Goods

Chapt 12, Tax system

Chapt 18, Factors: labor

Chapt 18, Factors: interest, capital goods, land

Chapt 19, Earnings, discrimination

Chapt 20, Inequality, poverty

Chapt 22, Frontiers

Chapt 22+ public choice

Investing

tel: campus 408/554-6968 MWF
e-mail: [email protected]