Tuesday, September 9 - Thursday, September 14, 2011
The importance of marginal analysis
OBJECTIVES
Students shall be able to
explain how all economic decisions are marginal decisions, and
apply marginal analysis.
ACTIVITIES
Students shall answer a set of chapter five discussion questions.
Take a quiz on M&B chapter 21.
Read article by Dr. Landsburg on escalator standing.
Discuss the Landsburg article.
Read Chapter 7 of The Armchair Economist and discuss.
Assignments:
Read "One small step for man ...." and participate in the discussion.
Working in small groups, answer the assigned discussion questions from Heyne chapter five.
Take a quiz on M&B chapter 21.
Read Chapter 7 in The Armchair Economist ("Why Taxes are Bad ....") and answer the set of questions on LMS.
ASSESSMENT PROCEDURES
Monitor and adjust as necessary. Grade the question set. Grade the quiz.