Handouts
Midterm 1 material
- Production Possibilities:
1.1a. The Production Possibilities Curve: PDF format, Word format
1.1b. Comparative Advantage: PDF format, Word format
- Demand and Supply I:
1.2a. The Demand and Supply Curve model: PDF format, Word format
1.2b. Using algebra to find the market equilibrium (P* and Q*): PDF format, Word format
1.2c. Shifts in Demand and Supply: PDF format, Word format
1.2d. Market Dynamics and Surges in Demand: PDF format, Word format
- Elasticity:
1.3a. General Overview of Elasticity: PDF format, Word format
1.3b. Calculating and Interpreting Elasticity: PDF format, Word format
1.3c. Own-Price Elasticity and Total Revenue: PDF format, Word format
- Demand and Supply II:
1.4a. Price Ceilings: PDF format, Word format
1.4b. Tax Incidence: Who Pays the Tax? PDF format, Word format
- Consumer Theory:
1.5a. Consumer Equilibrium: PDF format, Word format
1.5b. Net Benefit and Deadweight Loss: PDF format, Word format
Midterm 2 material
Post Midterm 2 material
Other interesting stuff
- Intro to Game Theory (by Professor Roger A. McCain)
- Intro to the Prisoner's Dilemma (by Professor Roger A. McCain)
- Kentucky Public Service Commission (responsible for rate regulation of Kentucky utilities)