Economics 1:    The Price System    

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Lecture notes are posted here in pdf format.

1. Introduction and Overview

2. Thinking Like an Economist

3. Trade

4. Supply and Demand

5. Calculating Elasticity of Demand

6. Consumer Theory

     Trade Problem

7. Theory of the Firm

8. Theory of the Firm Continued

9. The Competitive Firm

10. Labor and Capital Markets

11. The Efficiency of Competitive Markets

12. Monopoly

12. Monopoly, Oligopoly and Monopolistic Competition

14. Antitrust Policy

15. Imperfect Information in the Product Market

16. The Public Sector

17. A Student's Guide to Investing

18. Strategic Behavior