Schedule for Week of September 16

By Anonymous -
CLASS ONE: Discussion of Wheelan chapter 1. A few key questions: Should people be allowed to buy birthday cakes for dogs while others are homeless? What is "utility" and how do people look to maximize it? Does every market transaction make people "better off" on the whole? HOMEWORK: Study for the quiz via eztest and review of your readings.

CLASS TWO: Quiz on Colander chapters 1 & 2 and Wheelan chapter 1. There will be a multiple choice section and a short essay section. The short essay section will ask you to address the question "what is economics?" HOMEWORK: Read Colander chapter 3.

CLASS THREE: Discussion of Colander chapter 3. A few key concepts: Institutions; Market Economy; Welfare. HOMEWORK: Read Wheelan chapter 3.

CLASS FOUR: Discussion of Wheelan chapter 3. A few key questions: What is an externality and what is government's role in managing them? What is the role of infrastructure in economic stability and growth? Should government "protect people from themselves"? HOMEWORK: Read Colander chapter 4.

LONG PERIOD: Discussion of NY Times article "The Rich Get Richer Through the Recovery." Key questions: Why is the wealth gap widening? What, if anything, should be done about it?

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