Lectures

1. Introduction (slides)
   • What is Economics? [video]
   • Micro and Macro: The Economic Divide [link]
   • Mankiw’s Ten Principles of Economics (slides)
   • Tom Sargent on Lessons of Economics [link]
   • Backhouse, R. E. and S. G. Medema, “Retrospectives: On the Definition of Economics,” JEP. [link]
2. Supply and Demand (slides)
   • Price Control (slides)
   • Elasticity (slides)
   • Game: Competitive Markets [link]
   • Hall, et al., “The Effects of Uber’s Surge Pricing: A Case Study,” Working Paper. [link]
   • Glaeser, E. and J. Gyourko, “The Economic Implications of Housing Supply,” JEP. [link] (slides)
   • Jensen, R. T. and N. H. Miller, “Giffen Behavior and Subsistence Consumption,” AER. [link] (slides)
     • The Indiana Jones of Economics [link]
3. Welfare Analysis (slides)
   • Consumer and Producer Surplus [video]
   • Waldfogel, J., “The Deadweight Loss of Christmas,” AER. [link] (slides)
   • Cohen, et al., “ Using Big Data to Estimate Consumer Surplus: The Case of Uber,” Working Paper. [link] (slides)
4. Economic Analysis of Taxation (slides)
   • Corporate Taxation and Tax Avoidance (slides)
   • The Incidence of EITC [link]
   • The Taxation of Carried Interest [link]
   • Game: Competitive Markets with Interventions [link]
   • Mankiw et al., “Optimal Taxation in Theory and Practice,” JEP. [link]
   • Alesina et al., “Gender-Based Taxation and the Division of Family Chores,” AEJ: Economic Policy. [link]
     • Why women should pay less tax [link]
5. Public Economics (slides)
   • Markets for Pollution Allowances (slides)
   • The Tragedy of the Commons [video]
   • The Tragedy of the Commons [music]
   • Game: Public Goods [link]
   • Game: Commons: Fishery [link]
   • Metcalf, G. E., “Market-Based Policy Options to Control U.S. Greenhouse Gas Emissions,” JEP. [link]
   • Newell et al., “Carbon Markets 15 Years after Kyoto: Lessons Learned, New Challenges,” JEP. [link]
6. Measuring the National Economy (slides)
   • A Primer on GDP and the National Income and Product Accounts [link]
   • Landefeld et al., “Taking the Pulse of the Economy: Measuring GDP,” JEP. [link]
   • The Trouble with GDP [link]
   • Henderson et al., “Measuring Economic Growth from Outer Space,” AER. [link] (slides)
   • Jones, C. I. and P. J. Klenow, “Beyond GDP? Welfare across Countries and Time,” AER. [link] (slides)
   • How Do We Measure Inflation? [link]
   • Why Do Measures of Inflation Disagree? [link]
7. Savings and Investment (slides)
   • Obstfeld, M. and K. Rogof, “Global Imbalances and the Financial Crisis: Products of Common Causes,” FRBSF Proceedings. [link]