Ag. Econ Schedule

Agricultural Economics 1042
Course Schedule

Tentative Schedule for Spring O8

1) Tuesday, January 22

Topic: Important concepts; opportunity cost, scarcity, marginality, incentives, productivity, reading and making graphs, summarizing data, economic growth, and PPC

Reading: Hint: to access these links hold control and click the one you wish to view

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=opportunity+cost

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=scarcity

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=marginal+analysis

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=incentive

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=graphical+analysis

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=data

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=production+possibilities

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=economic+growth

2) Thursday, January 24

Topic: Real GDP= C + I + G+ X. U.S. economic characteristics; market oriented economy, Definitions; Inflation, Unemployment

Reading:

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=real+gross+domestic+product

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=economic+growth,+sources

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=economic+resource

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=production

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=inflation

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=unemployment

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=market-oriented+economy

January 29 – Last day to register, add, or change sections

3) Tuesday, January 29

Topic: Markets; demand; ceteris paribus

Reading:

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=market

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=demand

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=ceteris+paribus

4) Thursday, January 31

Topic: Market Demand, market supply and equilibrium

Reading:

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=market+demand

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=market+supply

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=equilibrium

5) Tuesday, February 5 – (Last day to change grading option)

Topic: Shifting demand and supply; Consumer and producer surplus

Reading:

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=demand+increase

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=demand+decrease

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=supply+increase

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=supply+decrease

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=consumers'+surplus

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=producers'+surplus

6) Thursday, February 7

Topic: Markets and the role of government (it’s not market intervention). Consumer and producer surplus

Reading:

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=market

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=property+rights

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=competitive+market

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=price+ceiling

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=price+floor

*See Tuesday Feb 5^th for a review of Consumer and Producer surplus again*

7) Tuesday, February 12

Topic: Review and catch up

Reading:

*See Previous Links and Remember That Test is Comprehensive!*

8) Thursday, February 14

Topic: FIRST EXAM, 140 points

February 18 – Last day for 50% refund

9) Tuesday, February 19

Topic: Aggregate demand (AD), Aggregate supply (AS), Macro-equilibrium, Production possibilities (PPC), and GDP

Reading:

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=aggregate+demand

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=aggregate+supply

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=equilibrium,+aggregate+market

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=production+possibilities

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=production+possibilities+curve

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=gross+domestic+product

10) Thursday, February 21

Topic: Shifts in AD and AS, and productivity

Reading:

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=aggregate+demand+determinants

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=aggregate+demand+shifts

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=aggregate+supply+determinants

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=aggregate+supply+shifts

*link Productivity paragraph in bb*

February 25 – Last day to drop course without grade

11) Tuesday, February 26

Topic: Measuring inflation, CPI, and price indexes

Reading:

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=inflation

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=inflation+causes

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=Consumer+Price+Index

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=price+index

12) Thursday, February 28

Topic: Unemployment

Reading:

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=unemployment

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=unemployed

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=unemployment+rate

March 3 – 21 - Early Registration start times for SS08/FS08 for current students only

13) Tuesday, March 4

Topic: Unemployment and inflation

Reading:

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=unemployment+reasons

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=unemployment+sources

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=unemployment,+production+possibilities

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=inflation+problems

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=inflation+causes

14) Thursday, March 6 – (Last day for 25% refund)

Topic: Fiscal policy and multipliers

Reading:

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=fiscal+policy

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=multiplier

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=multiplier,+slope+of+aggregate+expenditures+line

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=expenditures+multiplier

15) Tuesday, March 11

Topic: Fiscal policy continued

Reading:

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=fiscal+policy

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=govern ment+borrowing

16) Thursday, March 13

Topic: Federal taxes, debt, and deficits

Reading:

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=taxes

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=government+borrowing

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=government+expenditures

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=federal+deficit,+aggregate+demand+determinant

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=federal+deficit,+aggregate+expenditures+determinant

17) Tuesday, March 18

Topic: Review

Reading:

*See Previous Links and Remember That Test is Comprehensive!*

18) Thursday, March 20

Topic: SECOND EXAM, 140 Points

March 21 - Spring break! begins at the close of the day

March 31 - Class work begins at 8:00 a.m.

19) Tuesday, April 1

Topic: Income tax

Reading:

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=taxes

20) Thursday, April 3

Topic: Taxes and Money

Reading:

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=taxes

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=tax+multiplier

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=money

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=money+functions

April 7 – Last day to withdraw from a course

21) Tuesday, April 8

Topic: Money creation; the money multiplier

Reading:

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=money+creation

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=money+creation,+the+process

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=money+multiplier

22) Thursday, April 10

Topic: Monetary policy

Reading:

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=monetary+policy

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=monetary+policy+channels

23) Tuesday, April 15

Topic: Monetary policy continued

Reading:

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=monetary+policy+targets

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=expansionary+monetary+policy

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=contractionary+monetary+policy

24) Thursday, April 17

Topic: Catch up and exam review

Reading:

*See Previous Links and Remember That Test is Comprehensive!*

25) Tuesday, April 22

Topic: THIRD EXAM, 140 Points

26) Thursday, April 24

Topic: The trade model, changing world prices, excess supply & demand

Reading:

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=surplus

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=shortage

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=international+market

27) Tuesday, April 29

Topic: Trade Model continued

Reading:

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=international+market

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=trade+barriers

28) Thursday, May 1

Topic: International Trade; comparative advantage and the gains from trade

Reading:

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=international+trade

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=comparative+advantage

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=gains+from+trade

29) Tuesday, May 6

Topic: Trade barriers and exchange rates

Reading:

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=trade+barriers

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=exchange+rate

http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=exchange+rate+policies

May 8 – Last day to withdraw from the University

30) Thursday, May 8

Topic: Review and exchange rates

Reading:

*See Previous Links and Remember That Test is Comprehensive!*

May 9 – Reading Day

May 12 – 16 – Finals week

May 18 – Official grades available for viewing

Final Exam Schedule:

8 a.m. Section

THURSDAY, MAY 15th, 1:00 p.m. - 3:00 p.m. Waters Auditorium

11 a.m. Section

FRIDAY, MAY 16th, 1:00 p.m. - 3:00 p.m. Waters Auditorium