TOPIC 1: The Microeconomic Way of Thinking
Required Readings:
- Course Syllabus and Website (available at econ202.umwblogs.org)
- Hall & Lieberman, Chapters 1-2
Additional Readings:
STUDY QUESTIONS FOR TOPIC 1:
- What is the microeconomic way of thinking?
- What is “constrained optimization”?
- What is “rational decision making”? What are some examples?
- What is the economic theory of crime?
