Economics 92

Calendar
Spring 2002

Week 1

Day and Date

Tuesday 1/22 Thursday 1/24
Notes Buck Introduction Production Possibilities Frontiers: All about Opportunity Cost: 1, 2
Black Production Possibilities
Text Dutta
Homework Hwk 1 due on 1/29

Week 2

Day and Date

Tuesday 1/29 Thursday 1/31
Notes Buck Supply and Demand: Equilibrium, Taxes, Surpluses and Shortages: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11 An Introduction to Probability
Black Supply and Demand

Elasticity

Text Dutta Chapter 26
Homework  Hwk 2 due 2/2
Hwk 3 due on 2/7

Week 3

Day and Date

Tuesday 2/5 Thursday 2/7
Notes Buck More Probability and Expected Value Two First Looks: Applications and Theory
McCain An Intro to games
Texts Dutta Chapters 1&2
Homework
Hwk 4 due on 2/14

Week 4

Day and Date

Tuesday 2/12 Thursday 2/14
Notes Buck Strategic Form Games and Dominant Strategies

Some Classic Strategic Form Games

Dominance Solvability
McCain McCain on Prisoner's Dilemma and Dominant Strategies
Texts Dutta Chapter 3 Chapter 4
Homework

Week 5

Day and Date

Tuesday 2/19 Thursday 2/21
Notes Buck Nash Equilibrium Nash Equilibrium: The Cola Wars
McCain Nash Equilibrium
Texts Dutta Chapter 5
Homework

Week 6

Day and Date

Tuesday 2/26 Thursday 2/28
Notes Buck An Application: The Commons Problem Mixed Strategies
McCain Mixed Strategies
Texts Dutta Chapter 7 Chapter 8
Homework Hwk 5 due on 3/5
Hwk 6: 2 Practice Problems in Mixed Strategies due on 3/7

Week 7

Day and Date

Tuesday 3/5 Thursday 3/7
Notes Buck Mixed Strategies Two Applications: Monopoly and Bankruptcy
McCain On Bankruptcy
Texts Dutta Chapter 9
Homework

3/9 - 3/17 Spring Break

Week 8

Day and Date

Tuesday 3/19 Thursday 3/21
Notes Buck Mid term exam Review Exam

Using Gambit

McCain
Texts Dutta
Homework    

Week 9

Day and Date

Tuesday 3/26 Thursday 3/28
Notes Buck  Extensive Form Games An Application: R&D
McCain Sequential Games On R&D
Texts Dutta Chapter 11 Chapter 12
Homework Hwk 7 due on 4/2 Hwk 8 due on 4/4, for a real challenge take a look at this duel problem between Hamilton and Burr

Week 10

Day and Date

Tuesday 4/2 Thursday 4/4
Notes Buck Subgame Perfect Equilibrium Subgame Perfect Equilibrium: George and Gina
McCain On Subgame Perfect Equilibrium
Texts Dutta Chapter 13 Chapter 13
Homework   Homework 9: Subgame perfect equilibrium due on 4/9

Week 11

Day and Date

Tuesday 4/9 Thursday 4/11
Notes Buck Repeated Games: Treasury Bill Auctions Incomplete Information: Part I Static Games
McCain
Texts Dutta Chapter 14 Chapter 20
Homework

Week 12

Day and Date

Tuesday 4/16 Thursday 4/18
Notes Buck Incomplete Information: Part I Static Games Notes on Auctions

An essay on auctions

McCain
Texts Dutta Chapter 20
Homework Hwk 10: Due on 4/25  

Week 13

Day and Date

Tuesday 4/23 Thursday 4/25
Notes Buck Notes on Auctions

An essay on auctions

Incomplete Information Part II: Dynamic Games
McCain
Texts Dutta Chapter 23 Chapter 20
Other Reading Agorics, Inc on Auctions

Going, Going, Gone by Loretta Mester

Vickrey Auctions in Practice by David Lucking Reiley
Homework Hwk 11: Due on 4/30

Week 14

Day and Date

Tuesday 4/30 Thursday 5/1
Notes Buck Incomplete Information Part II: Dynamic Games Lemons
McCain
Texts Dutta Chapter 20 Chapter 24
Homework Hwk 12 due on 5/1

Final Exam: Tuesday, May 14, 8:30-10:30