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Economics 113, Mathematical Economics: General Equilibrium Theory and Welfare Economics
This page last revised March 25, 2012 © Copyright Ross M. Starr, 2009, 2010, 2011, 2012 commercial reproduction without express permission is prohibited.
COURSE GRADE DISTRIBUTION: A+ 11%; A 24%; A- 24%; B+ 20%; B 14%; B- 6%. CONGRATULATIONS ON YOUR SUCCESSFUL ACHIEVEMENT! INSTRUCTOR: Professor Ross Starr OFFICE HOURS: Feel free to drop in anytime you see Prof. Starr around. Scheduled office hours are Thursdays, 1:30 - 3:20, and by appointment. Room 325 Economics Teaching Assistant: Ms. Isla Globus-Harris, iglobush@ucsd.edu Teaching Assistant's Office hours: Friday, 3:00 - 5:00, room 113 Economics COURSE SCHEDULE: MWF, 2:00-2:50, room 1330 HSS COURSE INFORMATION
TEXTBOOK General Equilibrium Theory: An Introduction, 2nd edition, by Ross Starr. Prepared specifically for this course. Lecture Notes Lecture Notes for each lecture should be available on the web prior to the lecture. Please have the notes available at the lecture and ready for adding your own additional notes. Lecture Notes for January 9, 2012 Lecture Notes for January 11, 2012 Lecture Notes for January 13, 2012, the content of these notes will be treated in a later lecture. Lecture Notes for January 18, 2012 Lecture Notes for January 20, 2012 Lecture Notes for January 23, 2012, this topic will probably run over to January 25. Lecture of January 30: Use the notes for January 13. Lecture Notes for February 1 & 3, 2012 These notes will be used for February 6 Lecture Notes for February 8, 10, 13, 2012 Lecture Notes for February 15, 17, 22, 2012 Lecture Notes for February 27 & 29, 2012 Lecture Notes for February 27 & 29, 2012, CORRECTED Lecture Notes for March 2, 5 & 7, 2012 Lecture Notes for March 9, 12 & 14 2012 Lecture Notes for March 12 & 14 2012
Podcast Recorded Lectures http://podcast.ucsd.edu/podcasts/default.aspx?PodcastId=1439&v=0
Supplementary Readings Problem Sets There will be weekly problem sets required. It's OK to work with classmates on problem sets. Problem sets may be submitted to the labeled lockbox (lockbox D) on the Economics building ground floor. Problem Set 1: Starr's General Equilibrium Theory, 2nd edition, Problems 3.1, 3.2, 3.3, 7.2, 7.3, 7.4. Due Tuesday, January 17, 5:00 PM. Suggested Answers to Problem Set 1 Problem Set 2: Starr's General Equilibrium Theory, 2nd edition, Problems 8.1, 8.2, 9.1, 9.2. Due Monday, January 23, 5:00 PM. Suggested Answers to Problem Set 2 As a convenience to those without the textbook yet, chapters 3, 7, 8, and 9, are linked above. Problem Set 3: Starr's General Equilibrium Theory, 2nd edition, Problems 2.9, 11.1. Due Suggested Answers to Problem Set 3 Problem Set 4: Starr's General Equilibrium Theory, 2nd edition, Problems 12.7, 12.8. Due Monday, February 13, 5:00 PM. Suggested Answers to Problem Set 4 Problem Set 5 due Tuesday, February 21, 5:00 PM Suggested Answers to Problem Set 5 Problem Set 6, due Monday, March 5, 5:00 PM: General Equilibrium Theory, 2nd edition, Problems 18.2 (hint: the tax scheme is equivalent to a redistribution of endowment), 18.11, 18.12, 18.13. Suggested Answer to 18.2Suggested Answers to Problem Set 6 Problem Set 7, due Monday, March 12. General Equilibrium Theory, 2nd edition, Problems 19.1, 19.3. Suggested Answer to Problem Set 7 Social Choice Problem Set --- for practice only. Do not submit. Social Choice Problem Set --- Suggested Answers
Exams Exams are open-book, open-notes, other people are closed. You may consult any published source for a take-home exam (cite your references). The exam you turn in should be your own personal work. Do not discuss with classmates, friends, professors (except with Prof. Starr or Ms. Globus-Harris --- who promise to be clueless), until the examination is collected. Midterm Exam on Friday, January 27 in class. Bring blue books. Open book, open notes, bring any published reference you wish. No PC's, calculators, cell phones, electronics. Topical coverage is syllabus topics 1, 2, 4, 5 (not including Robinson Crusoe Economy, topic 3). Take alternate seats. Grading Scale for Midterm 1 (40 points possible): A+ :39 and above; A: 34 to 38.9; A-:32.1 to 33.9; B+:30 to 32; B:28 to 29.9; B-: 26.1 to 27.9; C+:24 to 26; C :21 to 23.9; C-:20 to 20.9; D:14 to 19.9; F:13.9 and below Grade distribution for Midterm 1:
Grading scale for Midterm 2 (40 points possible): 40 to 39: A+, 4 exams; 38 to 31: A, 17 exams; 30 to 29: A-, 5 exams; 28 to 27: B+, 7 exams; 26 to 20: B, 17 exams; 19 to 16: B-, 8 exams; 15 to 8: C, 8 exams. Final Exam, Suggested Answers , link deleted
_______________________________________________ For samples of previous years' exams and answers go to 2011's webpage. _________________________________________________
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