http://www.econ-courses.com/parke/132summer2006/ Copyright 2006 Mon, 05 Jun 2006 20:16:53 -0500 http://www.movabletype.org/?v=3.11 http://blogs.law.harvard.edu/tech/rss Answers.... http://www.econ-courses.com/parke/132summer2006/archives/2006/06/midterm_1_answe.html http://www.econ-courses.com/parke/132summer2006/archives/2006/06/midterm_1_answe.html Mon, 05 Jun 2006 20:16:53 -0500 We are spending Tuesday and Wednesday getting ready for Midterm 1 on Thursday.... http://www.econ-courses.com/parke/132summer2006/archives/2006/05/getting_ready_f.html http://www.econ-courses.com/parke/132summer2006/archives/2006/05/getting_ready_f.html Tue, 30 May 2006 21:49:23 -0500 Keynesians and classical economists differ sharply in their explanation for business cycles.... http://www.econ-courses.com/parke/132summer2006/archives/2006/05/the_phillips_cu.html http://www.econ-courses.com/parke/132summer2006/archives/2006/05/the_phillips_cu.html Tue, 30 May 2006 21:44:11 -0500 Keynesians focus on aggregate demand.... http://www.econ-courses.com/parke/132summer2006/archives/2006/05/aggregate_deman.html http://www.econ-courses.com/parke/132summer2006/archives/2006/05/aggregate_deman.html Thu, 25 May 2006 21:25:04 -0500 Assume that prices are fixed.... http://www.econ-courses.com/parke/132summer2006/archives/2006/05/the_islm_model_1.html http://www.econ-courses.com/parke/132summer2006/archives/2006/05/the_islm_model_1.html Wed, 24 May 2006 22:51:03 -0500 We developed the Keynesian IS/LM Model assuming a fixed price level.... http://www.econ-courses.com/parke/132summer2006/archives/2006/05/the_islm_model.html http://www.econ-courses.com/parke/132summer2006/archives/2006/05/the_islm_model.html Wed, 24 May 2006 22:43:57 -0500 The Simple Keynesian Model illustrates some basic points with the leanest possible structure.... http://www.econ-courses.com/parke/132summer2006/archives/2006/05/the_keynesian_c.html http://www.econ-courses.com/parke/132summer2006/archives/2006/05/the_keynesian_c.html Tue, 23 May 2006 22:40:29 -0500 We added the elements to complete the Classical Model.... http://www.econ-courses.com/parke/132summer2006/archives/2006/05/the_classical_m.html http://www.econ-courses.com/parke/132summer2006/archives/2006/05/the_classical_m.html Mon, 22 May 2006 22:38:20 -0500 We derived a supply of labor curve from utility maximizing behavior by workers. Our variation on the two goods - two prices diagram had consumption and leisure as the two arguments to the worker's utility function. Finding the utility maximizing... http://www.econ-courses.com/parke/132summer2006/archives/2006/05/the_supply_of_l.html http://www.econ-courses.com/parke/132summer2006/archives/2006/05/the_supply_of_l.html Fri, 19 May 2006 22:13:34 -0500 Adding a vertical labor supply curve to our demand for labor produces a Simple Classical Model.... http://www.econ-courses.com/parke/132summer2006/archives/2006/05/a_simple_classi.html http://www.econ-courses.com/parke/132summer2006/archives/2006/05/a_simple_classi.html Thu, 18 May 2006 23:54:42 -0500 The two goods - two prices model is the basis for the demand curve for a good. We reviewed this element of microeconomics as ground work for deriving the supply of labor.... http://www.econ-courses.com/parke/132summer2006/archives/2006/05/two_goods_two_p.html http://www.econ-courses.com/parke/132summer2006/archives/2006/05/two_goods_two_p.html Thu, 18 May 2006 22:12:23 -0500 By viewing the firm's optimizing behavior in terms of the profit maximizing quantity of labor, we derived a demand for labor as a function of the real wage rate. Adding a vertical supply of labor allowed us to construct a... http://www.econ-courses.com/parke/132summer2006/archives/2006/05/profit_maximizi_1.html http://www.econ-courses.com/parke/132summer2006/archives/2006/05/profit_maximizi_1.html Thu, 18 May 2006 22:09:40 -0500 To establish a connection with microeconomics, we began our discussion of the demand for labor by studying the profit maximizing level of output for a price taker and for a monopolist. The former case provides a nice explanation of the... http://www.econ-courses.com/parke/132summer2006/archives/2006/05/profit_maximizi.html http://www.econ-courses.com/parke/132summer2006/archives/2006/05/profit_maximizi.html Wed, 17 May 2006 22:06:46 -0500 We started the semester with a discussion of the supply and demand for labor.... http://www.econ-courses.com/parke/132summer2006/archives/2006/05/supply_and_dema.html http://www.econ-courses.com/parke/132summer2006/archives/2006/05/supply_and_dema.html Wed, 17 May 2006 21:48:58 -0500