AT Micro/Macro Economics

WEEK'S EYE-OPENER: I carry my adornments on my soul. I don't go dressed up like a popinjay but inwardly I wear my ornaments. Cyrano de Bergerac KEY DATES: 1. On Friday, Dec. 6, your stock selection papers are due. 2. On Thursday, Dec. 12, Professor Becker will speak to us during the open period. THE LONG PERIOD; we will play an overconfidence game given to us by Charles Brobinskoy. CLASS ONE: we will discuss chapter 3, The Cost of Zero, in Dan Ariely's book.  HOMEWORK: prepare for a quiz on the chapters on Comparative Advantage and International Trade (chapters 9 and 10). You will also have to answer the following question: Would you invest in a hedge fund? In your answer, please use some of the following vocabulary: hedge, margin, leverage, fee structure, long and short, market inefficiencies, arbitrage, alpha and beta, commissions, and mutual funds. CLASS TWO: QUIZ. HOMEWORK: review the handout that includes two model stock selection papers and some literature on value i...

Mr. Janus' classes will have the quiz during the extra half hour of the long period. It will either be on US transferable advantage or why the public often doesn't like trade.

DAY 1: Discussion of Colander, Microeconomics ch10 (International Trade Policy). Please note that the chapter number may be different in earlier editions of the text. Make sure you are reading the chapter with the title "International Trade Policy." HOMEWORK: Read Wheelan, Naked Economics ch12 (Trade & Globalization). DAY 2: Discussion of Wheelan ch12. HOMEWORK: Read the article on hedge funds ("The Jones Nobody Keeps Up With"). This is in preparation for a guest talk on day 4.) Also, prepare for the mini-quiz. The prompt is below. DAY 3: We will begin the class with a mini-quiz. You will have to write a short essay on the following prompt: Chapters 9 and 10 of Colander talk at length about transferable comparative advantages, especially in relation to the United States. Please identify one transferable comparative advantage the United States is currently holding. What does the future look like for this comparative advantage? Do you expect it to strengthen or to...

WEEK'S EYE-OPENER: First I lost my weight, then I lost my voice and now I lost my Onassis. Maria Callas KEY DATES: 1. During the first class period of next week you will have a QUIZ on chapter 8 and you will be asked to answer the following question from the article on the Great Depression: What were the some of the financial and cultural reasons for the Stock Market Crash in 1929? 2. On Friday, Oct. 25, John Rogers and Charlie Brobrinsky will speak to us about value investing. On Friday, Nov. 1, Doug Rothschild will talk to us about hedge funds. 3. On Friday, Nov. 29, your stock selection papers are due. 4. On Thursday, Dec. 12 Professor Becker will speak to us during the open period. The Long Period: we read the article, Economists Clash on Theory, but Will Still Share the Nobel. PERIOD ONE: TEST on chapter 8 and Great Depression article. HOMEWORK: please read Wheelan chapter on The Economics of Information. PERIOD TWO: we will discuss the Wheelan chapter. HOMEWORK: please read c...

Please note that class will not meet on Wednesday on account of PSAT testing. Also note that there will be no quiz this week. DAY 1: Discussion of Colander, Microeconomics chapter 8 (Market Failure vs. Government Failure). A few key concepts: marginal social cost/benefit; free rider problem; adverse selection problem . HOMEWORK: Read Wheelan, Naked Economics chapter 7 (Financial Markets). DAY 2: Discussion of Wheelan chapter 7. A few key concepts: capital; speculation; efficient markets theory . HOMEWORK: Read the article "The Stock Market Crash of 1929: A Review Article." DAY 3: Economic history day - discussion of the Stock Market Crash article. A few key questions: What were some of the financial and cultural reasons for the Stock Market Crash of 1929? To what extent was this crash responsible for the Great Depression? Is it possible a market crash this severe could happen again?

WEEK'S EYE-OPENER: Money may not buy happiness but I would rather cry in a Jaguar than a bus. Francoise Sagan KEY DATES: 1. On Friday, OCT. 11 we will have a quiz on the Colander chapter on Taxation and Government Intervention and the two packets from Peter Lynch. The essay question will be, Based on the Lynch  readings, what is value investing? 2.  On Friday, Nov. 29, your stock selection paper is due. THE LONG PERIOD: we will read an article that defines the six key criteria for investing in mutual funds. CLASS ONE: A facilitator will lead a discussion on the chapter on Taxation and Government Intervention. HOMEWORK: the packet with the Peter Lynch interview. CLASS TWO: A facilitator will lead a discussion on the Value Investing reading. HOMEWORK: The Lynch reading on how to read balance sheets and income statements. CLASS THREE: We will discuss the financial statement reading. HOMEWORK: prepare for a quiz on the Colander and Lynch readings. CLASS FOUR: QUIZ. HOMEWORK: read the c...