Economics 1 Principles of Microeconomics经济学1微观经济学原理.pptVIP

* * * * * * * * * * * * * * * Economics 1 Principles of Microeconomics Instructor: Ted Bergstrom No Crashes I am sorry, but the class full. There is no waiting list. No more students will be admitted for this term. Econ 1 is offered every term. In fact, two classes will be offered next term. Textbooks Experiments with Economic Principles: Microeconomics 2d Edition by Bergstrom and Miller Introduction to Economic Analysis by R. Preston McAfee. Available for free online at Clickers You must buy a clicker at the UCSB bookstore. Must be an Interwrite PRS. Use the instructions that come with it to enter your perm number. Questions will be posted on screen. You will use your clicker to send in answers, which we record. We record answers and attendance. Clicker scores count for extra credit toward your course grade. See syllabus. Course Syllabus is Online All of the course rules, and a complete schedule of acativities for the rest of the term is available at the class website. Go to Economics Home Page Then click Class Pages, Then Econ 1 Read it carefully. Class Web Page You will need to check it regularly. It has daily schedule of experiments, lectures, quizzes. Data needed for homework appears each week. Also practice questions for quizzes and final. Lecture slides will be posted on web. Scientists and Lab Rats In this class, you get to be both a scientist and a lab rat. Each week we do a market experiment. You are the participants. We record the data and you analyze the results. You are the scientists. In the texts and the lectures, we present theories that “explain” results observed in the lab. Experiments and Theory Experiments are conducted in your section, every week (starting next week). These give you experience with the economic actions you are about to study. We present a theory that predicts outcomes in the experiments. We test the theory by seeing how well it accords with the data. We motivate the theory by acting o