At the risk of redundancy, I am writing to remind you that the plan for tomorrow night’s meeting of ECO 5315 is to cover chapters 2 (demand theory) and 4 (production theory) from the textbook.  The first problem set (Chapter 1, problems 2, 6, 7-9 on pp. 20-22) will be due at the beginning of class, and after I have received everyone’s papers, I will post (what I think are) the “correct” answers on the course website.  Furthermore, note that the reading schedule for ECO 5315 is listed at, and the problem sets schedule is listed at

Besides the Chapter 2 and 4 readings, I also highly recommend my short “Synopsis of the first lecture in ECO 5315”.  Finally, let me also put in a plug concerning subscribing to the course weblog.  As far as I can tell, 28 out of the 39 students in ECO 5315 have subscribed so far via RSS, email, or Twitter.  I would like to get the participation rate up to 100% as soon as possible, since I primarily rely upon the course blog to post important announcements and provide insights linking course topics with the “real” world.  In fact, we’ll discuss two blog entries tomorrow evening; the entry entitled “Shoppers’ Shifting Priorities“ and the entry entitled “Elasticity of Demand – some real world examples“.

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