Monday, August 29, 2016

G11 - Week 3 - Day 1

In-class work
  1. Questions?
  2. The Law of Demand - HD
    1. Skim pages 26-29
    2. Complete exercises 6-9 (p. 29)
  3. The Determinants of Demand - HD
    1. Skim pages 29-35
    2. Complete exercise 10 (p. 35)
  4. The Law of Supply and the Determinants of Supply
  5. Why does Supply slope upwards? (The law of increasing opportunity cost and supply)
    1. Skim pages 40-47
    2. Complete exercise 17-21 (p. 42 & 47)


From the blogosphere
  1. The Real Benefits of Migration
  2. Are Saudis More Productive than Germans?


Currently Reading

The Road to Serdom

"Whatever merits this book possesses consist not in the reiteration of this thesis but in the patient and detailed examination of the reasons why economic planning will produce such unlooked-for results and of the process by which they come about." (Kindle Locations 1185-1186).

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