Lecture Notes
Below is a selection of lecture notes that approximate chronologically the topics and themes listed on the calendar.
| Lec # | TOPICS |
|---|---|
| 1-2 | Introduction and a First Application: The Minimum Wage Debate and Causal Inference in Economics (PDF) |
| 3 | Axioms of Consumer Preference and the Theory of Choice (PDF) |
| 4 | Theory of Choice and Individual Demand (PDF) |
| 5 | The Expenditure Function: An Application to the Economics of Food Stamps (PDF) |
| 6 | Demand Functions, Income Effects and Substitution Effects: Theory and Evidence (PDF) |
| Compensated Demand in Logs (PDF) | |
| 7 | Sugar Quota: Applying Consumer Theory to Competitive Markets (PDF) |
| 8 | Taxation: Revealed Preference and Consumer Welfarer (PDF) |
| 9 | General Equilibrium in a Pure Exchange Economy (PDF) |
| 10 | International Trade and the Principle of Comparative Advantage (PDF) |
| 11 | Uncertainty, Expected Utility Theory and the Market for Risk (PDF) |
| 12 | The Demand for Abortion: An Application of Expected Utility Theory (PDF) |
| 13 | Safety Regulation and Value of a Statistical Life (PDF) |
| 14 | Private Information, Adverse Selection and Market Failure (PDF) |
| 15 | Adverse Selection, Risk Aversion and Insurance Markets (PDF) |
| 16 | Education, Human Capital and Job Market Signaling (PDF) |
| 17 | Externalities, the Coase Theorem and Market Remedies (PDF) |
