MICROECONOMICS 1 - FALL 2010

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• Syllabus (last updated: 06.12.2010)
• Instructor: Georgi Burlakov - contact
• Office Hours: 11-12 a.m. on the day of the lecture (Room 416)
• Official Course Page: BPE_MIC1 Micreconomics 1
• Page of the course taught in Czech: Titulní strana předmětu Mikroekonomie 1

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Lecture Notes

• Lecture 1, 20.09.2010, 7:40–9:15 a.m./9:20-11:00 a.m., Lecture Room P3 (KPMG Hall)
  -- Lecture 1: Introduction to Economics (Mankiw, Ch. 1-2)
  -- Tutorial Session - Discussion on the Ten Principles of Economics (with N. Gregory Mankiw) video clips
  
  
• Lecture 2, 27.09.2010, 7:40–9:15 a.m./9:20-11:00 a.m., Lecture Room P3 (KPMG Hall)
  -- Lecture 2: Market Mechanism (Mankiw, Ch. 3)
  -- Tutorial Session 1: quizzes on chapters 1 and 2
  
  
• Lecture 3, 04.10.2010, 7:40–9:15 a.m./9:20-11:00 a.m., Lecture Room P3 (KPMG Hall)
  -- Lecture 3: Market Equilibrium (Mankiw, Ch. 4)
  -- Tutorial Session 2: quizzes on chapter 3
  
  
• Lecture 4, 11.10.2010, 7:40–9:15 a.m./9:20-11:00 a.m., Lecture Room P3 (KPMG Hall)
  -- Lecture 4: Consumer Demand Analysis (Mankiw, Ch. 21, Ch.5)
  -- Tutorial Session 3: quizzes on chapter 4
  
  
• Lecture 5, 18.10.2010, 7:40–9:15 a.m./9:20-11:00 a.m., Lecture Room P3 (KPMG Hall)
  -- Lecture 5: Firm Supply Analysis (Mankiw, Ch. 5, Ch. 13)
  -- Tutorial Session 4: quizzes on chapters 5 and 21
  
  
• Lecture 6, 25.10.2010, 7:40–9:15 a.m./9:20-11:00 a.m., Lecture Room P3 (KPMG Hall)
  -- Lecture 6: Perfectly Competitive Markets (Mankiw, Ch. 7, Ch. 14)
  -- Tutorial Session - solving homework 1 in class
  
  
• Lecture 7, 01.11.2010, 7:40–9:15 a.m./9:20-11:00 a.m., Lecture Room P3 (KPMG Hall)
  -- Lecture 7: Monopoly and Government Policy (Mankiw, Ch. 6, 8, 15)
  -- Tutorial Session - Midterm Exam
  
  
• Lecture 8, 08.11.2010, 7:40–9:15 a.m./9:20-11:00 a.m., Lecture Room P3 (KPMG Hall)
  -- Lecture 8: Oligopoly (Mankiw, Ch. 16)
  -- Tutorial Session 5: quizzes on chapters 14 and 15
  
  
• Lecture 9, 15.11.2010, 7:40–9:15 a.m./9:20-11:00 a.m., Lecture Room P3 (KPMG Hall)
  -- Lecture 9: Monopolistic Competition (Mankiw, Ch. 10, 17)
  -- Tutorial Session 6: quizzes on chapter 16
  
  
• Lecture 10, 22.11.2010, 7:40–9:15 a.m./9:20-11:00 a.m., Lecture Room P3 (KPMG Hall)
  -- Lecture 10: Labor Market (Mankiw, Ch. 18, 19, 20)
  -- Tutorial Session 7: quizzes on chapter 17
  
  
• Lecture 11, 29.11.2010, 7:40–9:15 a.m./9:20-11:00 a.m., Lecture Room P3 (KPMG Hall)
  -- Lecture 11: Capital and Land Markets (Mankiw, Ch. 18, 26, 36, 37)
  -- Tutorial Session 8: quizzes on chapter 18
  
  
• Lecture 12, 06.12.2010, 7:40–8:55 a.m./9:00-10:30 a.m., Lecture Room P3 (KPMG Hall)
  -- Lecture 12: Public Goods and Common Resources (Mankiw, Ch. 11)
  -- Tutorial Session - (preliminary) Final Exam 1
  
  
• Lecture 13, 13.12.2010, 7:40–8:55 a.m./9:00-10:30 a.m., Lecture Room P3 (KPMG Hall)
  -- Lecture 13: Frontiers of Microeconomics (Mankiw, Ch. 22)
  -- Tutorial Session - (preliminary) Final Exam 2

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Homework Assignments

• Homework 1

• Homework 2

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Written Exam Information

• Midterm Exam: 01.11.2010, 9:30-10:30 a.m. - 5 fill-the-gaps, 5 true/false, 20 multiple choice questions on Mankiw, Chapters: 1-5, 7, 13-14, 21;
  online student resources: Multiple choice questions, Glossary of key terms (5th edition)
  Midterm Exam - test A
  Midterm Exam - test B
  Performance statistics: Min: 9; Max: 28; Average: 21.95; distribution

• Final Exam: 24.01.2011, 1:30-3:00 p.m., Lecture Room P3 (KPMG Hall) - 10 fill-the-gaps, 10 true/false, 30 multiple choice questions on Mankiw, Chapters: 1-5, 7-8, 13-18, 21;
  
  Preliminary dates: 06.12./13.12.2010, 9:00-10:30 a.m.
  
  Final Exam 1 (06.12.2010) test A , test B
  Performance statistics: Min: 25; Max: 46; Average: 35.85; distribution
  
  Final Exam 2 (13.12.2010) test A , test B
  Performance statistics: Min: 21; Max: 40; Average: 27.00; distribution
  
  Final Exam 3 (24.01.2011) test A , test B
  Performance statistics: Min: 17; Max: 43; Average: 26.33;
  

Final score distribution
• Final score/grade conversion scale:
  >90 (A+); 80-89.99 (A); 70-79.99 (B); 60-69.99 (C); 50-59.99 (D); 40-49.99 (E); <39.99 (F)