ECON 200, Principles of Microeconomics
College of Charleston
Spring 2018 | Doug Walker

LECTURE OUTLINE & ASSIGNMENTS
** Everything on this page is subject to change. Exam dates will be announced in class and listed here when determined. Last updated: 4/17/18.**

If you are using Mateer & Coppock or Mankiw as your main text, click here for the reading assignments for each lecture.

Lectures
(Walker book sections)

Crash Course Economics

Landsburg

Hazlitt
Videos & 
Other Materials

Miscellaneous Readings

A. Overview of Economics
[finished on 1/18]

#1 | #12

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

Ch. 1-3
Stick-Figure Explanation of the 2007-09 Financial Crisis

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

Appendix A. Economics and the "Big Picture"
[finished on 1/18]

#3 | #5 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 1/25]

#2

Ch. 5

Ch. 7, 8
Practice Problems #1 (key)

Horwitz: Why Trump and Sanders See Losers...
Landsburg: An Outsourcing Fable
Landsburg: The New Racists

 

C. Marginal Cost and Supply

 
Appendix C. Cost curves & Supply

#24
Company Profit Survey
D. Marginal Benefit and Demand

#18
(0:00-8:30)
E. Markets and Price Determination

#4
Practice Problems #2 (key)

EXAM 1:  Thursday, February 15
Covers all lectures (A-E)

F. Markets and Economic Efficiency

#19

Ch. 4,8

Ch. 14, 15, 22
 

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

G. Government Price Controls

#20

Ch. 16-19
Stossel: Rent Controls

Stossel: Ag Subsidies

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

H. Elasticity

#18
(8:30-11:00)
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. 7

J. International Trade Policy

#15

Ch. 21

Ch. 10-12
Intl Trade Commission tariff search

Chapman: Trump Tariffs are Not About...
Bastiat: A Petition
Krugman: In Praise of Cheap Labor
Williams: Trade Deficit Nonsense

EXAM 2: Tuesday, April 3
Covers lectures since Exam 1 (F-J)

K. Market Failures

#21

Ch. 9, 14

 
Stossel: Thanksgiving

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

L . The U.S. Tax System & Alternatives (revised notes)
[The test will not ask about "Buffet rule" or the sections on "Compliance Costs" or "Alternative Types of Taxes," but please read those.]

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, April 19

Covers all lectures (K-M)

FINAL EXAM:  Thursday, April 26, 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.
It excludes Hazlitt, Landsburg, videos, and "miscellaneous readings".