From: ERICKSON, FRANK
Subject: q1 answers and scores, friday's and today's slides are posted; and here's some optional reading
To: All course individuals
You can find your score for quiz 1 on Angel. The answer key can be found below the slides on Friday's calendar page, http://econ302.wikidot.com/day:jj01 . Slides are up for today's class as well.
Optional reading: As I mentioned in class, I think Krugman and Wells' chapter on market interventions — including price controls, quantity controls and taxes — provides an excellent discussion of what we have been looking at in recent classes: http://docs.google.com/viewer?url=http%3A%2F%2Fwww.whfreeman.com%2Fcollege%2Fpdfs%2Fkrugman_canadian%2FCH04.pdf Outlawing trade in some market is like setting a quantity ceiling of zero; the Harvard economist Al Roth's blog posts news about ‘markets’ that were or are shut down in this way: http://marketdesigner.blogspot.com/search/label/repugnance .
See you in class,