ECON 200, Principles of Microeconomics
College of Charleston
Fall 2017 | Doug Walker

** Everything on this page is subject to change. Exam dates will be announced in class and listed here when determined. Last updated: 12/01/17.**

(Walker book sections)

Mateer & Coppock 2nd ed.

Mankiw, 7th ed.
Click here for 5e,6e, or 8e


Video Programs & 
Other Materials

Miscellaneous Readings

A. Overview of Economics
[Finished on 9/5]

Ch. 1; Ch. 2, pp. 26-38; Appendix 2A
Ch. 1,2;
Appendix to Ch. 2

Intro; 1-3
(skip section on GE, pp. 29-31)

Ch. 1-3

Rotfeld: Libraries, Learning, and Dirty Sandals
Williams: Economic Lunacy
Stossel: Why Are Politicians So Ignorant...?

Appendix A. Economics and the "Big Picture"
[Finished on 9/7]
Heyne: Why Does Johnny So Rarely Learn Any Econ?
Higgs:  Hate Corporations and Love Governments - an Idealogical Monstrosity
Stapleton:  You're Afraid of Power, Not Trump

B. Specialization and Trade
[Finished on 9/19]

Ch. 2, pp. 39-51
Ch. 3

Ch. 5

Ch. 7, 8

Landsburg: An Outsourcing Fable
Landsburg: The New Racists

Horwitz: Why Trump and Sanders See Losers...

C. Marginal Cost and Supply
[Finished on 9/21]

Ch. 3, pp. 70-74 and 85-92
Ch. 4,
pp. 65-67; 73-76

Appendix C. Cost curves & Supply
[Finished on 9/28]
Ch. 9
Ch. 14
Company Profit Survey
D. Marginal Benefit and Demand
[Finished on 10/5]
Ch. 3, pp. 75-82
Ch. 4, pp. 67-72
E. Markets and Price Determination
[Finished on 10/10]
Ch. 3, pp. 94-98; Appendix 3A
Ch. 4, pp. 77-85

EXAM 1:  Thursday, October 12, 10:50-12:05
Covers all lectures (A-E)

F. Markets and Economic Efficiency
[Finished on 10/26]

Ch. 5, pp. 150-161
Ch. 7

Ch. 4,8

Ch. 14, 15, 22

Williams: Capitalism and the Common Man
Williams: Caring vs. Uncaring

G. Government Price Controls
[Finished on 11/2]

Ch. 6
Ch. 6, pp. 111-121

Ch. 16-19
Stossel on Rent Controls
Stossel on Agr Subsidies

SC 2011 wholesale gas price cap
Williams: Basic Economics
Stossel: In Praise of Price Gouging

H. Elasticity
[Finished on 11/7]
Ch. 4
Ch. 5
Ch. 10
The War on Drugs:
A War on Ourselves
Part 1 , 2 , 3 , 4 , 5 , 6

Williams: Drugs, Economics & Liberty
MSNBC: Global War on Drugs Has Failed

FYI: Medical marijuana state map

I. Excise Taxes and Deadweight Losses

Ch. 5, pp. 162-179
Ch. 6, pp 121-128;
Ch. 8

Ch. 7

J. International Trade Policy
[Finished on 11/9]

Ch. 19
Ch. 9

Ch. 21

Ch. 10-12
Intl Trade Commission tariff search

Bastiat: A Petition
Krugman: In Praise of Cheap Labor
Williams: Trade Deficit Nonsense

EXAM 2: Tuesday, November 14
Covers lectures F, G, H, J (but not I, or parts of J not covered)

K. Market Failures
[Finished on 11/28]

Ch. 7
Ch. 10,11

Ch. 9, 14

from J: Intl Trade Commission tariff search
 Stossel: Thanksgiving

The Economist: State and Market
Stossel: The Busybodies are at it Again

L . TheU.S. Tax System & Alternatives (revised version)
[Finished on 11/28]
Prof Walker's lecture notes Ch. 12 Ch. 4, 5 NTUF, Cost of tax code compliance
Rand Paul, ...on the Senate tax bill
M. Political Economy / Other Topics 
[No lecture, but reading]
Ch. 6, 12, 15-17
 Ch. 25

Stossel: Damnable Pork
Reese: 545 People Responsible for U.S. Woes

EXAM 3: Thursday, November 30

Covers all lectures (K-M)

FINAL EXAM:  Tuesday, December 12, 9:30-11:00am, Beatty 115
[Please come to the classroom between 9:00 and 9:30 to complete the teaching evaluation for the course.]

Final Exam is comprehensive, covering everything from the lecture material, except Lecture I (which we skipped).
It excludes Hazlitt, Landsburg, videos, and "miscellaneous readings".