1 | Supply, Demand, and Equilibrium (PDF)
Applications of Supply/Demand: Shocks, Minimum Wage, Rent Control, Policy Evaluation | | |
2 | Behind the Demand and Supply Curves (PDF)
Monopoly | | |
3 | Monopolistic Competition (PDF)
Game Theory and Strategic Interaction | | |
4 | Externalities: Theory and Pollution Exercise (PDF) | | |
5 | Uncertainty and Asset Prices (PDF)
Informational Efficiency: Rational Expectations, Random Walks
Asymmetric Information: Lemons, Moral Hazard | Adverse Selection Exercise (PDF)
Moral Hazard Exercise (PDF) | Adverse Selection Solutions (PDF)
Moral Hazard Solutions (PDF) |
6 | Double Marginalization
Specific Investment | Double Marginalization Exercise (PDF)
Specific Investment Exercise (PDF) | Double Marginalization Solutions (PDF)
Specific Investment Solutions (PDF) |
7 | Course Summary (PDF)
Review for Final Exam (see practice test on the exams page) | | |