Profit, Marginal Analysis, Production and Costs
03/05
Post mortem Exam Unit IV
Lecture -- Accounting profit versus Economic profit, marginal analysis, and sunk costs
Complete questions from the Krugman - Wells text Chapter 9 [please type your responses to questions (1, 3, 4, 5, 6, 7, 8 on pages 245 - 246) due 03/06]
Read Read "Could the future cost of energy change life as we know it?" [(E by E) type your responses to questions 1, 2, 3, and 5 due 03/21]
03/06
Review questions from Chapter 9 Krugman - Wells (bring text to class)
Read Chapter 12 from the Krugman - Wells text
Complete questions from the Krugman - Wells text Chapter 12 [please type your responses to questions (2, 3, 4, 5, 7, 8, 10,13, & 16 on pages 326 - 328) due 03/21]
Lecture -- Supply cost curves
03/07
Upper A comp lab for essay research -- Yea essay research!
03/08
Upper A comp lab for essay research -- Yea essay research!
03/19
Complete NCEE Activity 25
Watch Economics U$A 15
Lecture -- Short run costs, long run costs and economies of scale
03/20
Practice problems
Class time to work on homework (bring text to class)
03/21
Review questions from Chapter 12 Krugman - Wells (bring text to class)
Discussion -- "Could the future cost of energy change life as we know it?"
Review for exam
03/22
Quizam -- 30+ Multiple-Choice questions, 1 or 2 Free Response
