Materials from Class
Copies of handouts. See the Course Outline page for readings in the textbook or exercises.
Demand, Supply and Markets
- Waiver market round 1
- Waiver market round 2
Household Choice and Cost Benefit Analysis
Wed Oct 24
- Income elasticity; normal and inferior goods; expenditure function;
compensating variation (CV).
Wed Oct 31
- Human capital; separation of production and consumption; maximizing
Wed Nov 7
- PV for more complex streams; net present value; applications.
Producer Behavior and Market Structure
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Peter J Wilcoxen, The Maxwell School, Syracuse University