Week

Dates (Approx.)

Topic

1

Aug. 25-27

Introduction-What is Economics

Making and Using Graphs

The Economic Problem

2

Aug. 30, Sept. 1, 3

Economic Problem (cont.)

How Markets Work, Demand and Supply

3

Sept. 8, 10

Market Equilibrium, Quiz and Review

4

Sept. 13-15

Elasticity, Elasticity of Demand and Supply

Sept. 17

Test 1

5

Sept. 20-24

Efficiency

.

Markets in Action

6

Sept. 27-Oct. 1

Markets in Action (cont.)

(p. 165 only)

Consumer Demand - Possibilities, Preferences, and Choices

7

Oct. 4-8

Supply and Firm Behavior: Organizing Production Opportunity Cost and Economic Profit

Quiz 2

8 

Oct. 11

Output and Costs

Oct. 13

Test 2

Oct. 15

Competitive Markets

 9

Oct. 18-22

Competitive Markets (cont.)

Efficiency

Monopoly

10

Oct. 25-29

Monopoly (cont.)

Varieties of Market Structure

11

Nov. 1-5

Resource Markets

Labor Markets

12

Nov. 8

Labor Markets (cont.)

Nov. 10

Test 3

Economic Inequality

13

 Nov. 15-19

Health Care Reform

Market Failure and Government

Nov. 22-26

No classes

14

Nov. 29

Dec. 1-3

Externalities and Economics of Environment, Economics of Knowledge

Uncertainty and Information - Insurance

15

Dec. 6-8

The World Trade Economy

Dec.

Test 4