AGEC 1114—Class Schedule and Announcements
You can also download this spreadsheet to play with different scenarios for your subsequent two exams and paper grades, and observe how that influences your final gradue for the class.
The latest update of attendance records (now an Excel file) can be downloaded here.
For week 4/22 - 4/26
Lab Optional. I will not take attendance. I
will have a folder for you with your previous two exams and paper. There will be
an answer key to the tests also. You may ask all the questions you wish
about your grades, but once that folder leaves the lab and my possession,
there can be no contesting of those grades.
I will have answer keys to Exams 1 & 2, but electronic versions can be found
here: Exam 1 Answer Key,
Exam 2 Answer Key
4/26 (Friday)
Lecture Plan
- Mr. Isaac is giving a lecture on behavioral economics. We will tell you the question you are responsible for at the end.
Announcements
- Remember, the study guide for the final exam is available here.
- Unless you hear otherwise in an email from me, the review session for the final will be held Thursday, May 2, 5-7 PM, in AGH 101 (where class lectures are normally held). Mr. Isaac will be giving the review, where he will answer any questions you have.
- The grades in D2L have been cleaned up and easier to peruse.
- For the partial plan (consisting of 5 points off the final) the grade was 100 if you submitted all sections (A through D), 50 if you submitted only A or only B-D, and 0 if you submitted none. If you wish for half credit on these questions (on the last question on the final, that is) you must email me your completed sections by Monday at 5 PM and do a good job with it.
4/24 (Wednesday)
Lecture Plan
- Nothing you are responsible for for finals. Just take a survey and do class evaluations.
Announcements
- The study guide for the final exam is available here.
4/22 (Monday)
Lecture Plan
- We will answer this worksheet the video: (The Great Recession) The 2008 Financial Crisis.
Announcements
- A detailed study guide for the final exam will be made available on Wednesday, as well as answers to the homeworks.
For week 4/15 - 4/19
Lab Bring the sheets, Plan for life after college , with Sections B, C, and D completed.
4/19 (Friday)
Lecture Plan
- Take notes on the three stages of production. Most of the notes follow closely the video: (Prod.3) The three stages of production [video].
Announcements
- Next week we will hold classes, but I will tell you the exact questions from that material that will be on the exam, as well as the answer.
- A detailed study guide for the final exam will be made available on Monday or Wednesday.
- Homework 17 (on D2L) is due April 19 at midnight.
- Homework 18 (on D2L) is due April 21 at midnight. Pay careful attention to the directions.
4/17 (Wednesday)
Lecture Plan
- Complete this worksheet from the chapter (Prod) Production, decisions in management.
Announcements
- Have B, C, and D of worksheets completed for lab. For C and D, come up with ideas for yourself, for your life, that you are willing to share. Like, if I list "(D) How to live a happy and meaningful life" you come up with ideas on how to live a happy and meaningful life.
- Friday we will discuss tangent lines with little background, so if you haven't learned what a tangent line is or desire a refresher, please see the tutorial (Prod.2) Drawing and interpreting tangent lines [video].
- Homework 17 (on D2L) is due April 19 at midnight.
- Homework 18 (on D2L) is due April 21 at midnight. Pay careful attention to the directions.
4/15 (Monday)
Lecture Plan
- Take notes on article: (LRS&D) Long-Run Supply and Demand.
Announcements
- You will now be allowed to drop FIVE homeworks. You will get full credit for questions 1 and 2 in Wednesday's homework (you didn't have enough time).
- Homework 17 (on D2L) is due April 19 at midnight.
- I think I have all the papers grading. My secretary is currently double-checking the grade entries.
For week 4/8 - 4/12
Lab Bring the sheets, Plan for life after college , with Section A completed.
4/12 (Friday)
Lecture Plan
- Learn about the Standard Oil monopoly, but you aren't responsible for the information.
- Finish discussing market structures, following these slides.
Announcements
- You will now be allowed to drop FIVE homeworks. You will get full credit for questions 1 and 2 in Wednesday's homework (you didn't have enough time).
- Homework 17 (on D2L) is due April 19 at midnight.
- I think I have all the papers grading. My secretary is currently double-checking the grade entries.
4/10 (Wednesday)
Lecture Plan
- Homework 16 will be administered using clickers during class (open books, notes, anything) using questions very, very similar to the clicker quiz. If you miss this class, remember I allow you to drop up to four homeworks.
- After that, we will begin discussing market power, following these slides, which you should bring with you to future classes.
Announcements
- Homework 15 (on D2l) is due April 10 at midnight.
- Bring your worksheets Plan for life after college, to lab. I will likely check them, and I encourage you to participate in the discussion, though I will not penalize you if you do not.
4/8 (Monday)
Lecture Plan
- Today we will finish discussing these worksheets regarding fat taxes and demand elasticities by spending most of our time taking this clicker quiz. On Wednesday I will administer Homework 16 in D2L during class (open books, notes, anything) using questions very, very similar to the clicker quiz.
Announcements
- Homework 14 (on D2L) is due April 8 at midnight.
- Homework 15 (on D2l) is due April 10 at midnight.
- Homwork 16 will be given using clickers in next class.
- For next week's lab, print the worksheets Plan for life after college, bring them to every lab and class, and come to lab next week with Section A completed. I will be checking worksheets and asking students to participate in the discussion.
For week 4/1 - 4/5
Lab
While we will not meet in labs, but instead you must complete Section A of your plan for life (see below).
4/5 (Friday)
Lecture Plan
- Answer the questions and take notes on these worksheets regarding fat taxes and demand elasticities. There is no chapter in the online textbook corresponding to this worksheet, though the Supply and Demand videos do contain a description of demand elasticities.
Announcements
- Homework 14 (on D2L) is due April 8 at midnight.
- Homework 15 (on D2l) is due April 10 at midnight.
- For next week's lab, print the worksheets Plan for life after college, bring them to every lab and class, and come to lab next week with Section A completed. I will be checking worksheets and asking students to participate in the discussion.
- Prepare to meet regularly in labs to put together a plan for life after college.
4/3 (Wednesday)
Lecture Plan
- Discuss section B.2.iii in (Mkts,not) When markets alone might not suffice
Announcements
- I have altered the online syllabus (alterations made in red) so that you can drop four homeworks instead of two.
- Homework 14 (on D2L) is due April 8 at midnight.
- Homework 15 (on D2l) is due April 10 at midnight.
- For next week's lab, print the worksheets Plan for life after college, bring them to every lab and class, and come to lab next week with Section A completed.
- For Friday and next week print these worksheets and bring them to class everyday.
- Prepare to meet regularly in labs to put together a plan for life after college.
4/1 (Monday)
Lecture Plan
- Take notes on sections B.1, B.2.i, and B.2.ii in (Mkts,not) When markets alone might not suffice
Announcements
- I have altered the online syllabus (alterations made in red) so that you can drop four homeworks instead of two.
- A new homework will be up soon.
- Prepare to meet regularly in labs to put together a financial plan for retirement.
For week 3/25 - 3/29
Lab
We will not meet in labs this week. The homeworks, requiring watching a number of videos, are a substitute.
3/29 (Friday)
Lecture Plan
- Begin really discussing the article: (Mkts,not) When markets alone might not suffice, probably taking a few notes.
Announcements
- None
3/27 (Wednesday)
Lecture Plan
- Watch Video 4 of (Mkts,TV) Markets and Tunnel-Vision and discuss the price coordination process in the marke for retail beef and restaurant tortillas. There will be a homework by Monday about this article.
- Begin discussing the article: (Mkts,not) When markets alone might not suffice.
Announcements
- Clickers will now be used at the end of class, and you will only be rewarded attendance if you answer the last question. You will see why.
- Homework 13 was due at the beginning of this class.
- Homework 10 will counted twice as much as the normal homework, and so your grade for Homework 11 will equal your grade for Homework 10. This homework requires you to download the Question Bank for (GTP.3) General Theory of Prices and type in thoughtful answers to questions 4-8 & 13 (and only those questions). You will turn a hard copy of your typed answers by March 29.
- Homework 12—Simply attending on March 13 gives you a 100 for Homework 12 (they need not turn anything in). Those who do not attend are required to type a brief paragraph explaining what the three views of paternalism in (FP) Food Paternalism would say about OK State's recent decision to move to a smoke-free campus. A hard copy of the typed answer should be submitted at the beginning of class on March 29. You will be graded on the accuracy, thoughtfulness, and completeness of your answer. The answers will be graded to ensure you read the article, and so your answer should reflect a reading of the entire article.
3/25 (Monday)
Lecture Plan
- Discuss (Mkts,TV) Markets and Tunnel-Vision. I suggest just listening. Will be mostly discussion and videos.
- For the remainder of the class, the clickers will be used to practice supply and demand diagrams.
Announcements
- Regarding the class paper. Those who followed directions on the paper have done pretty well and will likely receive an A or B. A number of you did not follow directions on the paper and thus received a very low score, in the range 20-50. It wasn't because of poor writing, and certainly not because of any political views expressed, but almost solely due to a failure to follow directions on the paper content. If, at the end of the class, you are on the threshold of a letter grade and want me to give you special consideration, I will allow you to submit a brief paper describing how you did not follow the paper instructions. So if you think of know you did bad on the paper, go to the paper instructions, read it carefully, and then describe to me how you didn't follow instructions. I give you no promises about how this will help, other than I will take it into account. Submit this anytime you like, in an email AND a hard copy to me.
- Homework 10 will counted twice as much as the normal homework, and so your grade for Homework 11 will equal your grade for Homework 10. This homework requires you to download the Question Bank for (GTP.3) General Theory of Prices and type in thoughtful answers to questions 4-8 & 13 (and only those questions). You will turn a hard copy of your typed answers by March 29.
- Homework 12—Simply attending on March 13 gives you a 100 for Homework 12 (they need not turn anything in). Those who do not attend are required to type a brief paragraph explaining what the three views of paternalism in (FP) Food Paternalism would say about OK State's recent decision to move to a smoke-free campus. A hard copy of the typed answer should be submitted at the beginning of class on March 29. You will be graded on the accuracy, thoughtfulness, and completeness of your answer. The answers will be graded to ensure you read the article, and so your answer should reflect a reading of the entire article.
- Homework 13—Before class on March 27, complete the assignment at this link.
For week 3/11 - 3/15
Lab
We will not meet in labs this week.
3/13 (Wednesday)
Lecture Plan
- Today we discuss (FP) Food Paternalism. No need to take notes or anything. Just listen and you get a 100 for Homework 12.
Announcements
- Some grades for Exam 2 have been posted, but do not contact us about it yet because (a) not all have been posted (b) we have not performed the normal checks to ensure their accuracy (c) some people still haven't even taken the test yet.
- No class Friday. I am assigning Homework 10 & 11 in place of Friday's class and labs.
- Homework 10 will counted twice as much as the normal homework, and so your grade for Homework 11 will equal your grade for Homework 10. This homework requires you to download the Question Bank for (GTP.3) General Theory of Prices and type in thoughtful answers to questions 4-8 & 13 (and only those questions). You will turn a hard copy of your typed answers by March 29.
- Homework 12—Simply attending today gives you a 100 for Homework 12. Those who do not attend are required to type a brief paragraph explaining what the three views of paternalism in (FP) Food Paternalism would say about OK State's recent decision to move to a smoke-free campus. A hard copy of the typed answer should be submitted at the beginning of class on March 29. You will be graded on the accuracy, thoughtfulness, and completeness of your answer. The answers will be graded to ensure you read the article, and so your answer should reflect a reading of the entire article.
For week 3/4 - 3/8
Lab
We will meet in labs this week to practice shifting supply and demand curves.
3/8 (Friday)
Lecture Plan
- Discuss Exam 2.
- Questions 21-24 in the worksheets we have been working on regarding the chapter (S&D) Supply and Demand.
Information About Exam 2 to be given on March 11
- For now on, I count as attendance whatever clicker IDs my receiver picks up, no exceptions. We can check to see if your clicker is working and that I have the right ID, but I must rely on the clicker system instead of my judgment of a student's honesty.
- Exam 2 Study Guide
- As before, you must bring an orange scantron sheet and can use a 3 inch by 5 inch cheat sheet, one side only.
- You may use a calculator and the calculator on a smartphone (you absolutely must have one!), but if it appears you are reading or communicating on a smartphone we will ask you to come take the test at the front of the room.
- The questions and answers to Homeworks 8 and 9 are available here.
- Chris Isaac will hold a question and answer section on Sunday, March 10, 6:00 - 8:00 PM, in AGH 320 (where we hold the labs).
3/6 (Wednesday)
Lecture Plan
- Today we will add a section of notes on Consumer Surplus. Then questions 13, 19, 21-24 in the worksheets we have been working on regarding the chapter (S&D) Supply and Demand.
Announcements
- I will have a study guide for Exam 2 posted soon, probably by tomorrow at noon. Information on the review session to be given by the TAs on Sunday evening will be available by Friday's class.
- Exam 2 will be given on March 11! It will cover everything after Exam 1. It will be difficult, mathematical, and not short. When it comes to Supply and Demand the study guide will be fairly specific about what you need to know.
3/4 (Monday)
Lecture Plan
- I know the organization of class notes and worksheets hasn't been ideal, so I reorganize the worksheets into this document (revised and organized better, handed out hard copies on March 4), and added some new questions. Also, because the section numbering of class notes was confusing, I scanned the notes I use and have posted it here.
- Today we will continue answering worksheet questions for the chapter (S&D) Supply and Demand.
Announcements
- We will not have class the Friday before Spring Break. I will give you an at-home assignment instead.
- Exam 2 will be given on March 11! It will cover everything after Exam 1. We will have a study guide by Wednesday.
For week 2/27- 3/1
Lab
No labs this week.
3/1 (Friday)
Lecture Plan
- Today we will take notes and finish answering questions regarding questions 54-58 of the Supply & Demand worksheets (the same questions we worked on in last class). Then we will take notes on, and answer, quetions 13 and 17. I advise you to order your sheets such that questions 54-58 come first, followed by 13, followed by 17, then followed by the rest.
- These notes regarding pieces of the videos on Supply and Demand at (S&D) Supply and Demand.
Announcements
- Remember, the class paper is due today at 5 PM! Pay careful attention to the two ways you must submit your paper.
- We will not have class the Friday before Spring Break. I will give you an at-home assignment instead.
- Exam 2 will be given on March 11.
2/27 (Wednesday)
Lecture Plan
- Today we will take notes and answer questions regarding questions 54-58 of the Supply & Demand worksheets (print all of these and bring to all classes, like I asked you to do last week).
- These notes regarding pieces of the videos on Supply and Demand at (S&D) Supply and Demand. Warning: I am going to throw you right into some very complex stuff right away, so you will feel uncomfortable at first.
Announcements
- Remember, the class paper is due March 1! Pay careful attention to the two ways you must submit your paper.
For week 2/18 - 2/12 (I will come to labs but not take attendance)
Lab
I will come to labs to chat with anyone about the paper, though I will not take attendance, so come only if you really want to chat.
2/22 (Friday)
Lecture Plan
- Complete this worksheet regarding the article (GTP.2) Value and this worksheet regarding the article (GTP.3) General Theory of Prices.
Announcements
- For next week please downloand and print this worksheet, which we will be using all next week.
- Homework 8 (on D2L) due date has been postponed until midnight on Feb 24 (my homepage was down, but remember, a link to the class website is available on D2L.
- Homework 9 (on D2L) regarding interest rates is due by midnight on Feb 24. Pay extra careful attention to how you enter the numbers for the math questions.
- Remember, the class paper is due March 1! Pay careful attention to the two ways you must submit your paper.
2/20 (Wednesday)
Lecture Plan
- Take notes on these practice questions [worksheet] regarding the two videos: (GTP.1.c) Compound Interest [video] and (GTP.1.d) Net present value and opportunity cost [video].
Announcements
- Homework 8 (on D2L) regarding real and nominal prices is due by midnight on Feb 21.
- Homework 9 (on D2L) regarding real and nominal prices is due by midnight on Feb 24. Pay extra careful attention to how you enter the numbers for the math questions.
- Remember, the class paper is due March 1!
2/18 (Monday)
Lecture Plan
- Take notes on (GTP.1.b) Opportunity Costs and Harvesting Trees [worksheet].
Announcements
- Homework 8 (on D2L) regarding real and nominal prices is due by midnight on Feb 21.
- The final Exam 1 grades are posted on D2L. There is one category for your scantron score, one category for the last three problems, and one category for the overall score.
- If you wish to see a copy of your Exam, compare it to an answer key, and ask any questions, please see the TAs during their office hours or make an appointment. You must do this before the second exam. I hope you understand that I cannot let you take the exams home and then approach me later suggesting it was graded incorrectly.
- Where do you stand in the class? The formula for the class grade is in the syllabus. You can also download this spreadsheet to play with different scenarios for your subsequent two exams and paper grades, and observe how that influences your final gradue for the class.
- Remember, the class paper is due March 1!
For week 2/11 - 2/15 (we will NOT meet in labs this week)
Lab
Work on your papers, and come see me if you have difficulty. Remember, a high grade requires an insightful, polished paper evident of serious study.
2/15 (Friday)
Lecture Plan
- Finish the presentation on nominal and real interest rates, finishing all 15 questions. Have your clickers ready throughout the class and record your answers to questions by adding to the notes you took on Wednesday.
- Begin work on (GTP.1.a) Opportunity Costs [article] by discussing this presentation
Announcements
- Exam 1 grade...we are 90% confident that the Final Exam 1 Grade in D2L is the correct grade.
- When we are 99.99% confident about Exam 1 grades I will post a file containing the answer key, and then you are welcome to see the TAs for the opportunity to review your exam, compare it to the answer key, and ask any questions you like.
- At some point, I will begin requiring you to be able to calculate your grade in the class thus far. You will have to do this in a homework and in Exam 2. Remember, the formula for the class grade is in the syllabus. You may also use this Google spreadsheet to help you.
- Remember, the class paper is due March 1!
2/13 (Wednesday)
Lecture Plan
- Study nominal and real interest rates, where we will discuss slides and use our clickers to answer the questions in this presentation. Have your clickers ready throughout the class and record your answers to questions 1-15 in your notes. Homework and test questions will come directly from this slide.
Announcements
- Homework 7 is due today at beginning of class
- In
the practice questions in last class, in
questions 9-15 please make the following correction: Does
nominalreal salary rise, fall, stay the same, or is it impossible to tell? - I didn't like how D2L graded the ordering problem in Homework 6, so if you received a score greater than zero I increased it to a 100.
- Remember, the class paper is due March 1!
2/11 (Monday)
Lecture Plan
- Begin section (P) Real and nominal prices by discussing article (P.1.a) Real and nominal prices and answering these questions.
Announcements
- Homework 7 is due Feb 13 at beginning of class
- For now on, you absolutely must have and use your clickers for your attendance to be counted. Please don't ask me to do otherwise.
- If you see a grading error on Homework 4, please submit it to Bailey (within 2 weeks) with an attached sheet, where you describe the location and nature of the error. We will then consider it and return it to you later.
- You would be a fool not to download my new, free novel, Matrona's Four Children from Amazon (hard copies available soon, priced at cost).
For week 2/4 - 2/8 (we WILL meet in labs this week)
Lab
Hand back Homework 4. Answer questions about material for tests. I will take attendance, but will only return homeworks and answer questions.
2/8 (Friday)
Lecture Plan
- Take Exam 1. We will scan for cheating, and know that there may be more than one version of the test. But because you are honorable students with a high moral character, I shouldn't have to say that, should I? Be sure not to even joke or make casual remarks to someone near you.
- No electronic devices of any kind. Make sure your cheat sheet is 3 inch by 5 inch, one side only.
- You have exactly 50 minutes to take the exam. Once class is over I will only stick around for two minutes to take exams, and they must be in my hands by the time I leave class.
Announcements
- Homework 7 is due Feb 13 at beginning of class
- For now on, you absolutely must have and use your clickers for your attendance to be counted. Please don't ask me to do otherwise, as I feel like a bad guy if I say no, when I should feel like a good guy for letting attendance increase your grade :)
- Remember, you will not get back your test until probably next Friday, and Monday will be a regular class.
- If you see a grading error on Homework 4, please submit it to Bailey (within 2 weeks) with an attached sheet, where you describe the location and nature of the error. We will then consider it and return it to you later.
- You would be a fool not to download my new, free novel, Matrona's Four Children from Amazon (hard copies available soon, priced at cost).
2/6 (Wednesday)
Lecture Plan
- A few comments about the papers (take out the sections of you notes about the paper)
- Discuss Fiscal Stimuli and the economists F. A. Hayek and John Maynard Keynes, both of which are covered in the articles (MO.3) Fiscal stimuli and the Quantity Theory of Money and (The Great Recession) Fear the Boom and Bust . Neither will be covered on any test, including Exam 1.
- Do Homework 7 (due Feb 13 at beginning of class) in class. Students not attending must do it on their own.
Announcements
- Exam 1 will be given in class on Friday, February 8. See the Exam 1 Study Guide
- The TAs will hold office hours / review session (only to answer questions) at 7 PM - 9 PM in 320 Ag Hall (where you have your labs) and I will be available by phone if there is something they cannot answer.
- Answers to Homeworks 1, 2, 3, and 5 AND NOW ALSO 6 can be found here. The answers to Homework 4 (along with the trade worksheet we did in class) is available here
2/4 (Monday)
Lecture Plan
- Discuss Exam 1 Study Guide
- Briefly take notes on (MO.2.b) in the section on (MO) Money
Announcements
- Exam 1 will be given in class on Friday, February 8. See the study guide above.
- Answers to Homeworks 1, 2, 3, and 5 AND NOW ALSO 6 can be found here.
- Homework 6 (in D2L) is due February 4 at midnight, and requires you to match a picture of a currency with its description. Is based off the video at Examples of Money . It consists of only one question but gives partial credit. You will have two attempts, and it will tell you the questions you answered in correctly.
For week 1/28 - 2/1 (we will NOT meet in labs this week)
Lab
Note meeting for labs. Work on your papers instead.
2/1 (Friday)
Lecture Plan
- Poll the class about whether they would like to have Exam 1 on February 8 or February 13.
- Something came up and I have my two year old, and she won't let me lecture, so I will post the answers to these questions and these questions.on the board, and instead of me lecturing I ask you to watch the video (MO.2.b) in the section on (MO) Money.
Announcements
- Homework 6 (in D2L) is due February 4 at midnight, and requires you to match a picture of a currency with its description. Is based off the video at Examples of Money . It consists of only one question but gives partial credit. You will have two attempts, and it will tell you the questions you answered in correctly.
- Homework 5 (in D2L) is due February 3 at midnight, and is on the articles (T.3.a) The Bounty of Trade: When Robinson Met Friday and (T.3.b, Famous Economists) David Hume meets a locavore. You will be given three attempts, and though it will tell you your grade after each attempt it will not tell you the individual questions you answered incorrectly.
- For now on, attendance records will be permanently posted at the top of this page.
1/30 (Wednesday)
Lecture Plan
- I made three corrections to the questions on Creative Destruction, and apologize for the errors. Such corrections are always made in red font.
- Clicker review questions for Creative Destruction and Examples of Money.
- Today we will take notes on the videos (MO.2.a) and perhaps (MO.2.b) in the section on (MO) Money, and answer these questions.
Announcements
- Homework 5 (in D2L) is due February 3 at midnight, and is on the articles (T.3.a) The Bounty of Trade: When Robinson Met Friday and (T.3.b, Famous Economists) David Hume meets a locavore.
- For a while, I will be posting students names, clicker IDs, and my records for their attendance to ensure confidence in the clicker system. The record thus far can be downloaded here.
1/28 (Monday)
Lecture Plan
- Hard copies of database showing the clickers I am detecting and the names I have associated with them. If you believe there is an error, please come see me, in person, with your clicker in hand.
- Clicker review questions for Creative Destruction.
- Today we will take notes on the video: Examples of commodity, debt, and fiat money [video] in the section on (MO) Money
Announcements
- Homework 5 (in D2L) is due February 3 at midnight, and is on the articles (T.3.a) The Bounty of Trade: When Robinson Met Friday and (T.3.b, Famous Economists) David Hume meets a locavore.
- For the rest of the week make sure you have hard copies of the following documents: (examples of money) , (the MV = PQ equation) , (printing and burning money) , and (inflation and hyperinflation)
____________________________
For week 1/14 - 1/18 (we will meet in labs this week)
Lab
Optional lab for help with Homework 4. I will not take attendance.
1/25 (Friday)
Lecture Plan
- Turn in Homework 4.
- Practice answering questions from the article, (T.3.b, Famous Economists) David Hume meets a locavore, and then discuss the article, Creative Destruction
Announcements
- For Monday, print the following documents. These are sheets we will use for discussion and note taking in class next week: (examples of money) , (the MV = PQ equation) , (printing and burning money) , and (inflation and hyperinflation)
1/23 (Wednesday)
- [guest speaker] Notes on and discussion of the article (T.3.b, Famous Economists) David Hume meets a locavore
Announcements
- On Friday I will have a list of all the clickers I am detecting and the names associated with them.
- For Homework 4 (at the beginning of class on Jan 25) you will complete and turn in hard copies of these sheets. You already have these sheets as part of the questions you were asked to print and bring for today's class. In completing it, you may assume that in autarky the U.S. consumes 10 beers and 10 cigars and Cuba consumes 5 beers and 10 cigars. For your PPF charts, indicating the consumption/production in autarky point with a circle, the production after trade with a triangle, and consumption after trade with a square. We will devote all of this week's labs to helping students with this homework.
____________________________
For week 1/14 - 1/18 (we will meet in labs this week)
Lab
Discuss the contents of (A.1) at Big Business and Big Government. (Sections 3 & 4 should know all I did with Sections 1 & 2 was discuss what is in the contents of the video at (A.1) and perused the various topics at the Big Business and Big Government site.)
1/18/2013 (Friday)
Lecture Plan
- Notes on the article (T.3.a) The Bounty of Trade: When Robinson Met Friday
Announcements
- Everyone will be given credit for attendance on Monday and Wednesday of this week. For now on, now that the clickers are available at the university bookstore, attendance will be taken with clickers for all lectures and some labs.
- No class on January 21, a university holiday.
- Homework 2 (on D2L) is now due Jan 22 at midnight (I extended the deadline).
- Homework 3 (on D2L) is now due Jan 22 at midnight (I extended the deadline).
- For Homework 4 (at the beginning of class on Jan 25) you will complete and turn in hard copies of these sheets. You already have these sheets as part of the questions you were asked to print and bring for today's class. In completing it, you may assume that in autarky the U.S. consumes 10 beers and 10 cigars and Cuba consumes 5 beers and 10 cigars. For your PPF charts, indicating the consumption/production in autarky point with a circle, the production after trade with a triangle, and consumption after trade with a square. We will devote all of next week's labs to helping students with this homework.
1/16/2013 (Wednesday)
Lecture Plan
- Brief review of game theory questions.
- Parable of the magic island
- Discuss material in section (T.1) of (T) Articles on trade by completing some of the worksheets you were asked to print and bring with you today.
Announcements
- Homework 1 (see Quizzes in D2L) is due January 16 at midnight.
- Homework 2 (on D2L) is due Jan 20 at midnight.
- Homework 3 (on D2L) is due Jan 21 at midnight.
- For Homework 4 (at the beginning of class on Jan 25) you will complete and turn in hard copies of these sheets. You already have these sheets as part of the questions you were asked to print and bring for today's class. In completing it, you may assume that in autarky the U.S. consumes 10 beers and 10 cigars and Cuba consumes 5 beers and 10 cigars. For your PPF charts, indicating the consumption/production in autarky point with a circle, the production after trade with a triangle, and consumption after trade with a square. We will devote all of next week's labs to helping students with this homework.
- These are the clickers I detected on Monday.
1/14/2013 (Monday)
Lecture Plan
- Discuss and answer practice questions regarding the article (GT) Game Theory and Reciprocity.
Announcements
- Download Practice Questions for (T.1) in the section on trade, the next topic after Game Theory. We will be answering those questions in an upcoming class.
- Homework 1 (see Quizzes in D2L) is due January 16 at midnight. Homeworks 2 ad 3 will be assigned Wednesday.
- The last question of Homework 1 asks for your clicker ID. Know that D2L will count that as an incorrect answer, but we will go back and give everyone credit for it, so it will not hurt your grade.
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For week 1/7 - 1/11 (we will meet in labs this week)
Lab
In lab we will begin discussing the class paper. After taking a few notes about the content of the paper we will begin discussing the contents of (A.1) and (A.2) at Big Business and Big Government. I distributed hard copies of the true/false questions pertinent to the lectures on 1/7 and 1/9.
1/11/2013 (Friday)
Lecture Plan
- Watch Video 2 at Introduction to economics
- Finish Intro.2 video at Introduction to economics
- Begin covering Game Theory and Reciprocity. You will be responsible for all the content in this article except Videos 2, 3, and 4.
Announcements
- Homework 1 is posted at Quizzes in D2L and is due January 16 at midnight. It will test you on parts of the syllabus, the scene from Todd Margaret, and Intro.1. Please let the TAs know if you need help with D2L. This first homework is like a practice-run for all of us, so if you encounter a problem in the quiz please let the TAs know and be patient with us (and we will be patient with you).
- You do not need to register your clickers. I will ask for your clicker ID in Homework 1 and that is all I need to match you to your clicker.
- The clickers were actually working on Wednesday, I just didn't realize it.
- Students interested in a one-hour course in ag econ where you simulate the market for feedlot cattle by buying and selling pretend cattle should contact Dr. Derrell Peel immediately after class at derrell.peel@okstate.edu.
1/9/2013
Lecture Plan
- We will start experimenting with clickers today though I expect difficulties.
- Answer practice questions about Bastiat's Demonstration.
- Today we will discuss the information in the three videos at Introduction to Economics: Intro.1, Intro.2, TV scene and answer practice questions about them.
Announcements
- For Friday, download the questions in Question Bank at the Game Theory and Reciprocity article.
- Practice questions have been added to the article on Bastiat's Demonstration.
- A few changes have been made in the syllabus and are shown in red font.
- We will meet in labs this week. Bring your clickers. Either print or download a copy of this file and bring to lab.
1/7/2013
Lecture Plan
- Review the syllabus. Answer questions about the class. Discuss the Turning Technologies clickers.
- To motivate the essence of economics we will discuss Bastiat's Demonstration, a narrative in which you are required to understand, as well as the author's name, time period, and national origin of the author.
Announcements
- For upcoming lectures download or save the files used in both videos at the Introduction to economics section in the online textbook. Bring them to class and be prepared to take some notes regarding them. In the next class we will discuss what is in the two videos and practice answering questions about their content. If some of the pics are blurry you can download the individual pic at this website.
- We will start trying to use the clickers in the next class, and once I feel comfortable with them I will begin taking attendance.
- We will meet in labs this week. Bring your clickers so we can begin practicing with them. Either print or download a copy of this file and bring to lab.
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