Charles Moss • Applied Microeconomics *
Textbooks
- Becker, G.S. 2008. Economic Theory. Adline Transaction.
- Friedman, M. and R. Friedman. 1990. Free to Choose: A Personal Statement. Mariner Books.
- Landsbur, S.E. 2012. The Armchair Economist: Economics & Everyday Life. Free Press.
Outline
- Introduction Lecture — June 30 Slides, Syllabus pdf, Moose Jaw - Grass Fat Beef, mp3 Audio, WMA Audio.
- Overview of Microeconomics
- Demand Theory
- Lecture II: Scarcity and Demand Slides, pdf Notes — July 2 — mp3 Audio, WMA Audio.
- Quiz 1
- Leser, C.E.V. 1963. Forms of Engel Functions Econometrica 31(4): 694-703. JSTOR.
- Theil, H. 1979. The Effect of Measurement Errors on the Estimation of Demand Systems Economics Letters 3(4): 373-376. ScienceDirect.
- Theil, H., J.L. Seale, Jr. and C.-F. Chung. 1987. A Regional Analysis of Food Consumption in China Empirical Economics 12(2): 129-135. Springer Link.
- Working, H. 1943. Statistical Laws of Family Expenditures Journal of the American Statistical Association 38(221): 43-56. JSTOR.
- Lecture III: Downward Sloping Demand — Scarcity and Random Behavior Slides, pdf Notes — July 3 — mp3 Audio, WMA Audio.
- Lecture IV: Consumer Preferences Slides, pdf Notes — July 7 — mp3 Audio, WMA Audio.
- Lecture V: Graphical Derivation of Demand Curves Slides, pdf Notes — July 8 — mp3 Audio, WMA Audio.
- Lecture VI: Differences in Tastes Slides, pdf Notes — July 9 — mp3 Audio, WMA Audio.
- Lecture VII: Allocation of Consumption and the Cardinal Utility Measure Slides, pdf Notes — July 10 — mp3 Audio, WMA Audio.
- Lecture VIII: Expected Utility — The Price of Insurance Slides, pdf Notes , Excel Sheet — July 11 — mp3 Audio, WMA Audio.
- Test on Demand Theory — July 14
Supply and Equilibrium
Lecture XIII: Measurement of Welfare Losses and Trade Slides, pdf Notes — July 21 — mp3 Audio, WMA Audio.
Lecture XIV: Imperfect Competition – Monopoly and Monopsony Slides, pdf Notes — July 22 — mp3 Audio, WMA Audio.
Lecture XV: The Stackelberg Equilibrium Slides, pdf Notes — July 23 — mp3 Audio, WMA Audio.
Lecture XVI: Cournot, Bertrand, and the Prisoner's Dilemma Slides, pdf Notes — July 24 — mp3 Audio, WMA Audio.
Test on Supply and Equilibrium — July 25
Class Cancelled for AAEA Meetings — July 27 – July 30
Market for Factors of Production
- Lecture XVII: Choosing the Firm's Input and Output Level Slides, pdf Notes — July 31
- Lecture XVIII: Derived Demand for Inputs Slides, pdf Notes — August 1
- Lecture XIX: Land and Quasi-Fixed Factors of Production Slides, pdf Notes — Ricardo Rent — August 4 — mp3 Audio, WMA Audio.
- Lecture XX: Capital Markets Slides, pdf Notes — August 5 (partial audios - battery quit) mp3 Audio, WMA Audio.
- Lecture XXI: Labor Markets – Immigration and Minimum Wage Slides, pdf Notes — August 6 — mp3 Audio, WMA Audio.
- Lecture XXII: General Equilibrium Slides, pdf Notes — August 7 — mp3 Audio, WMA Audio.
- Moss, C.B. and A. Schmitz. 2014. Valuing Carbon Recycling through Ethanol: Zero Prices for Environmental Goods. Theoretical Economics Letters 4(3): 235-240. Open Access.
Final Examination — August 8
* This material represents teaching material designed and provided by Charles B. Moss and is not the affiliated with the University of Florida. The University of Florida is not responsible for its content.
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