Spring 2018 2017-18, Economics 2

Time

TuTh 2:00-3:30 PM

Location

2050 Valley Life Sciences Building
Office: 
681 Evans Hall
Office Hours: 
Wednesdays, 1-3 PM
Office: 
679 Evans Hall
Office Hours: 
Wenesdays, 1-3 PM
Office Hours: 
TU 8:30-9:30 AM and F 8:30-9:30 AM in 536 Evans
Office Hours: 
M 12-1 PM and F 11 AM-12 PM in 640 Evans
Office Hours: 
TH 12:30-1:30 PM in 536 Evans and TH 5-6 PM in 636 Evans

Course Description

Economics 2 provides an introduction to both microeconomics, the study of consumer and firm behavior, markets, international trade, and market failures; and macroeconomics, the study of economic growth, unemployment, and inflation. Students learn both economic theory and some of the empirical evidence behind the theory. Special emphasis is placed on the application of economic tools to contemporary economic problems and policies. Economics 2 satisfies all of the same requirements as Economics 1, and either can serve as a prerequisite for any upper-level course that requires introductory economics. Economics 2 differs from Economics 1 in that it has three hours of lecture and one hour of discussion section per week, instead of two hours of lecture and two hours of section. Some of the extra lecture time is used to reinforce concepts with additional examples and explanation (much as one would do in section), and some is used to cover additional topics and go into more depth. Economics 2 is recommended for students planning to major in economics, and for anyone who would like a more comprehensive introductory course.

Class meetings will be highly interactive, with many opportunities for both asking and answering questions. We are both particularly interested in economic policy, so the course will include much discussion of issues like inequality, climate change, health care, and recessions. And, because economics in inherently an empirical subject, as much as possible we will try to convey not just the theory of how the economy works, but also the evidence supporting (or contradicting) the theory.

We have a firm no-electronics policy (no phones, no laptops, no tablets). We want students to be fully engaged with the material and participating actively while in class. We will post the (incomplete) slides before class, so that you can print them off and take notes that way. 

Syllabus

Problem Sets and Answers

Problem Set: 
Due: 
Tuesday, January 30, 2018
Problem Set: 
Due: 
Tuesday, February 13, 2018
Problem Set: 
Due: 
Tuesday, March 6, 2018
Problem Set: 
Due: 
Tuesday, March 20, 2018
Problem Set: 
Due: 
Thursday, April 12, 2018
Problem Set: 
Due: 
Thursday, April 26, 2018

Lecture Notes

Past Exams

Past Midterm Exams

Announcements

* Lecture will meet on Tuesday, May 1st at the usual time and place. We will discuss the final exam, hand out a sample final, and try to bring together the material for the course.
* There is a review session led by the GSIs also on Tuesday, May 1st, 5-7 p.m. in 2050 VLSB.
* The final exam in Monday, May 7th, 11:30-2:30 in 150 Wheeler (Wheeler Auditorium).
* Professor office hours this week are on Thursday, May 3rd, 4-6 p.m.