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Econ 136: Week 4 Tasks
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ECON 136: Week 4 Tasks
Monday: Choice & Opportunity Cost
Preparing for class:
In Sapling Learning, read Taylor, Ch. 2, pp. 15-18 and 26-33
If so inclined, you might think about how to draw a budget line or a production possibility frontier in your word processor, spreadsheet or drawing program.
Before you retire Sunday night (or by 3am Monday)
Complete the Choice and Opportunity Cost problem set in Sapling Learning
Wednesday: On the Gains from Voluntary Exchange
Preparing for Class
In Sapling Learning, read
Taylor Ch. 3, pp. 39-52; and
Taylor Chapter 8 Appendix, pp. 689-696 (It appears as A8 toward the very end of all the Taylor Chapters)
Think about how you might use indifference curves and PPF diagrams to illustrate an explanation of the gains from trade
Before you retire Tuesday night (or by 3am Wednesday)
Complete the Voluntary Exchange problem set in Sapling Learning
Friday:
360 Students: Meet at Pem Arch at 10:00am for John James Audobon’s Mill Grove
Non-360 Students: Meet in Dalton 6 at 9:10.
Preparing for Non-360 Class: Audobon is creator of the magnificent and unique The Birds of America. Let’s talk about what it means to value it. As a start, read
Gamerman, E. (2010, December 8). Birds' Book Soars to Record. Wall Street Journal. Retrieved from http://online.wsj.com/news/articles/SB10001424052748704250704576005751646141670
Flood, A. (2012, January 6). World's most expensive book, Birds of America, set to fetch $10m. The Guardian. Retrieved from http://www.theguardian.com/books/2012/jan/06/most-expensive-book-birds-of-america-10m
Christies (2013, January 20). Audobon’s The Birds of America Achieves $7.9 Million at Christie’s New York.. Retrieved from http://www.christies.com/about/press-center/releases/pressrelease.aspx?pressreleaseid=5335
Attachment | Size |
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Week 04 Monday.docx | 151.07 KB |
Wednesday Class Handout | 44.52 KB |
Wednesday Class Slides | 213.26 KB |