This
4th unit "lab" session meets on Wednesdays at 10 am in SH 109. Note
that this syllabus supplements the overall course syllabus used in Hackett's course,
which contains contact information and class policies.
We
will engage in two different types of activity in our weekly lab meetings
during the semester:
1.
Lecture/Discussion: This portion of the lab will serve as an extension of the
material covered in the course. In general we will use this time to develop
simple math models of the material covered in the 3 unit lecture portion of the
course.
2.
Development of Excel simulation models. I will provide some assistance with
these in class, and you will do the rest as homework. You will print out your
work and turn it in. They will then be corrected, graded, and returned. Note
that Economics majors need to save a permanent archive disk copy of all of their
Excel simulations for their Econ 490 capstone portfolios before they graduate
Your
grade for this 4th unit will be based on the quality of your Excel simulations.
· Week 1: Introductions, review of syllabus, discussion of assignments. Review of some basic Excel.
· Week 2: Lecture/Discussion: Algebraic equilibrium analysis of competitive markets and welfare. Click here for lecture outlines. Homework: Start first Excel assignment (competitive markets).
· Week 3: Help session for the first Excel assignment. Click here to see a sample Excel exercise with some useful tips.
· Week 4: First Excel assignment DUE. Review the solutions, correct the Excel work. Lecture/Discussion: Algebraic equilibrium analysis of competitive markets and welfare with negative externalities.
· Week 5: Lecture/discussion: Finish up the algebraic equilibrium analysis of competitive markets and welfare with negative externalities. Click here for the PowerPoint lecture outlines. Homework: Start second Excel assignment from handout given in class (negative externalities).
· Week 6: Review for exam (note that your midterm exam on Thursday will include material covered in these lab sessions). Help session for the second Excel assignment.
· Week 7: Second Excel assignment DUE. Review the solutions, correct the Excel work. Lecture/discussion: Model of dynamically efficient allocation of a non-renewable resource and Hotelling's rule. Click here for a link to Powerpoint slides on this material.
· Week 8: Lecture/discussion: Finish up the model of dynamically efficient allocation of a non-renewable resource and Hotelling's rule. No Hotelling homework assignment. Start coverage of the bioeconomics of a marine fishery.
· Week 9: Lecture/discussion: Finish up the bioeconomics of a marine capture fishery. Click here for the PowerPoint lecture outlines. Homework: Start third Excel assignment (bioeconomics of a fishery).
· Week 10: Help session for the third Excel assignment.
· Week 11: Third Excel assignment DUE. Review the solutions, correct the Excel work. Lecture/Discussion: Forestry economics.
· Week 12: Lecture/Discussion: Finish up forestry economics. No forestry homework assignment. Lecture/discussion: CEQA EIR land use space absorption and physical blight.
· Week 13: Review for exam. Homework: Start fourth Excel assignment (space absorption analysis and physical blight click here for space absorption Excel homework assignment).
· Week 14: Help session for fourth Excel assignment.
·
Week 15 Fourth Excel assignment DUE.
Review the solutions, correct the Excel work.
·