12/09/04--Ch. 19 Consumption and Wealth Taxes;
               In-class assignments due in class;
               Journal Project due in class;
               Discussion about the final

12/07/04--Continuing Ch. 15 Personal Income Tax;
               In-class assignment--handout--Excise Tax
                   articles from Course Packet;
               In-class assignment--handouts--1040EZ IRS
                   form materials;
               In-class assignment--handout--Sales Tax &
                   E-Commerce Tax articles from Course
                   Packet;
               Reminder:  Journal Project due this Thurs., Dec. 9

12/02/04--Finishing Ch. 12 Tax Incidence;
               Beginning Ch. 15 Personal Income Tax;
               In-Class assignment--handout  for Ch. 15

11/30/04--Ch. 12 Tax Introduction and Incidence

11/23/04--No class meeting--assignment handed
                   out on 11/16/04 (the Department of
                   Economics secretary has copies in
                   McElhaney 213 during normal business
                   hours (8:00 am-12:00 pm and 1:00-4:00 pm))

11/18/04--No class meeting--assignment handed
                   out on 11/16/04 (the Department of
                   Economics secretary has copies in
                   McElhaney 213 during normal business
                   hours (8:00 am-12:00 pm and 1:00-4:00 pm));
               Political Economy Project and Chressanthis X-C due--
                   must be turned into the Department of Economics
                   secretary in McElhaney 213 by 4:00 pm during
                   normal business hours (8:00 am-12:00 pm or
                   1:00-4:00 pm))

11/16/04--Exam #2 taken in class;
               Handout--Assignments for Thurs., Nov. 18 and for
                   Tues., Nov. 23--due Thurs., Dec. 2;
               Note: Class will not meet this Thurs., Nov. 18 or Tues.,
                   Nov. 23 as discussed in class;
               Political Economy Project and Chressanthis X-C both
                   still due on Thurs., Nov. 18--must be turned into the
                   Dept. of Economics secretary in McElhaney 213 by
                   4:00 pm

11/11/04--Ch. 5 Externalities continued;
               Note:  important dates
                   Exam #2:  now Tues., Nov. 16 (Chapters 5 & 6)
                   Political Economy project:  now due Thurs., Nov. 18             

11/09/04--Drs. J. presenting Public Goods/Religion paper as part
                   of Dept. of Religious Studies Mini-Conference--class
                   attended and took notes on the presentation as fair
                   game for the test;
               Follow-up discussion regarding presentation;
               Movie clip--Dances with Wolves--and discussion of negative
                   externalities and common pool resources;
               Note:  important dates
                   Exam #2:  now Tues., Nov. 16
                   Political Economy project:  now due Thurs., Nov. 18

11/04/04--General Discussion 2004 Election results;
               Note:  for Tuesday, 11/9/04:  for the beginning of class,
                   report promptly to the Blue Room in Sutton Hall
                  (from the Oak Grove, go up the outside stairs,
                   walk straight down the hall--midway down, there
                   will be elevators on your left and the Blue Room
                   will be on your right)--Dr. J. is giving a presentation
                   on public goods free riding behavior in the context
                   of church financial giving and attendance as part of a
                   mini-conference being hosted by the Dept. of Religion;
               Note:  date changes
                   Exam #2:  now Tues., Nov. 16
                   Political Economy project:  now due Thurs., Nov. 18

11/02/04--Ch. 5 Externalities--positive/negative
                   externalities, graphing MD, MPC, MSC, MB,
                   internalizing externalities;
               Note:  the interviewing of a candidate/campaign staffer
                    component of the assignment has been eliminated
                    from the project;
               Note:  date changes
                   Exam #2:  now Tues., Nov. 16
                   Political Economy project:  now due Thurs., Nov. 18

10/28/04--No class--Dr. J was ill

10/26/04--Continuing Ch. 6 Arrow's Impossibility
                   Theorem, Niskanen's bureaucracy model,
                   rent seeking including consumer surplus
                   and producer surplus;
                In-class oligopoly rent seeking/collusion X-C;
                HW due in class

10/21/04--Continuing Ch. 6 median voter graph,
                   logrolling, single-/multi-issue voting,
                   special interests;
               HW due in class--median voter;
               In-class/HW--due Tues., Oct. 26--handout--
                   logrolling, single-/multi-issue voting,
                   special interests

10/19/04--No class--university-wide Fall Break!

10/14/04--Continuing Ch. 6 single and multi-peak
                   preferences, median voter theorem;
               In-class assignment--Majority voting;
               In-class discussion--Journal assignment;
               HW--handout--due next Thurs., Oct. 21--
                   Median voter

10/12/04--Beginning Ch. 6 Political Economy;
               Exam #1 graded and returned;
               In-class brainstorming assignment about
                    Political Economy project interview
                    questions;
               Replacement assignment due in class

10/07/04--Exam #1 taken in class;
               X-C assignment due in class;
               Replacement assignment due is now 10/12/04      

10/05/04--Finished Ch. 4 (through p. 70) vertical integration, price
                   discrimination, efficient provision of a public good;
               Replacement assignment due date changed to 10/12/04;
               X-C assignment due this Thurs., Oct. 7;
               Exam #1--this Thurs., Oct. 7!             

09/30/04--Replacement assignment (no formal class)--see below
                   for information in 09/28/04

09/28/04--Ch. 4 Public goods--horizontal summation, MRS equivalent
                   to demand, MRT equivalent to supply, began vertical
                   summation;
               Replacement assignment for class this Thurs.--see 2
                   handouts--due Thurs., Oct. 7--you may ask the
                   Department of Economics secretary in McElhaney
                    213 for the handouts during during regular IUP
                    business hours (8:00-12:00 pm or 1:00 pm-4:00 pm);
               Revised time for David Kraemer presentation extra-credit
                    opportunity--Fri., Oct. 1, 2:10-3:10 pm, McElhaney 205;
               Exam #1--Thurs., Oct. 7

09/23/04--In-class public goods experiment--see "Voluntary Provision
                   of a Public Good" pdf file at the following web address:
                   http://www.people.virginia.edu/~cah2k/papers.html;
               HW collected

09/21/04--Continuing Ch. 3 Edgeworth Box, utility possibilities
                   frontier, social indifference curve;
               Market failure including simple monopoly review,
                   asymmetric information, externalities, public goods;
               Handout--externalities, excludability and rivalry conditions
                   for categorizing private goods/public goods/
                   common pool resources/club goods;
               All old assignments graded and returned;
               HW--Ch. 3 Problems #2, 4, 6--due Thurs., Sept. 23

09/16/04--Continuing Ch. 3 Edgeworth Box and utility
                   possibilities frontier;
               In-class assignment collected--2 old exam questions
                   related to Edgeworth Box analysis

09/14/04--Continuing Ch. 3 Edgeworth Box and relationships
                   among MRS and MRT

09/09/04--Consumer utility review--see end-of-book
                   Appendix--budget constraints, utility,
                    marginal utility, law of diminishing marginal
                    utility, graphing utility, putting the strands
                    together;
                Ch. 3--Edgeworth box introduction;
                Handout--article on Nobel Laureates with
                    mention of Edgeworth box...;
                Suggested:  definitely bring colored pens/
                      pencils to the next class

09/07/04--Finishing Ch. 1--command vs. capitalism,
               Ch. 2--positive economic analysis;
               On own--read Ch. 2 and look at end-of-
                   chapter questions (not to hand in)

09/02/04--Lecture--Ch. 1--background, organic vs.
                mechanistic views of government, types
                of gov't. activity, legal framework;
              In-class assignment:  handout--attitudes
                towards gov't.
              HW:  handout--Ch. 1 tables and figures

08/31/04--(First day of class, Fall 2004)
             Introductions;
             Index cards;
             Syllabus;
             Journal and Journal Paper assignment;
             Political Economy Project assignment;
             Supply and Demand review--in light of movie
                    clip from the Hudsucker Proxy and textbook
                    appendix materials, write a paragraph explaining
                    the movie clip using economic language
             Reading for Thurs.: Ch. 1
 

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