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- Economics 101
-
- A Basic Course in Economics
-
-
- Welcome to Economics 101. You will find here some of the
- tools and graphics suitable for a first (or early) course in general
- economics. More specifically, this package contains handouts,
- quizzes, tests, exams, explanatory charts, work sheets, and a grade
- sheet originally targeted for 19-20 year olds (many foreign)
- attending a finishing school.
-
-
- To make this available to the widest possible audience, we
- have packaged the materials to use with the most “generic”
- programs. That is, even though many of the handouts were
- developed with MacDraft, we have converted them to MacDraw
- PICT format so that MacDraw, MacDraft, PageMaker etc. can
- reference them easily. You may expect to use the following
- programs with the materials:
-
-
- MacDraw PICT [MacDraft, PageMaker, etc.]
-
- MacPaint [FullPaint, SuperPaint, etc.]
-
- MacWrite [FullWrite, Word, etc.]
-
- Excel
-
-
- You may notice that some of the exams appear in three
- versions. This of course is to deal with those choosing to cheat.
- Since capital punishment is only slightly more effective than
- corporal punishment which is only slightly more effective than no
- punishment at all for those determined to cheat, the exams are
- designed to let the cheaters punish themselves. This has resulted
- in some sadly humourous situations after the exams. A key is
- provided for parts of the final exam.
-
-
- Copyright. The material is copyrighted, but may be used by
- anyone for any purpose with the restriction that it may not
- be sold. If you wish to publish any part of it, please write
- for permission. Thank you.
-
-
- Authors. This material is distributed free of charge subject to
- the condition set forth above. Comments, compliments,
- and/or Reese's Cups will be welcomed by the authors.
-
-
- Leigh Lundin Carol Lee
-
- Post Office Box 540325 Post Office Box 7325-A
-
- Orlando, Florida 32854 Orlando, Florida 32854
-
-
- GEnie: LEIGH.LUNDIN CompuServe: 76367,1277
-
-
-
-
- Reference Comments
-
-
- Circular Flow of Wealth. This is a graphic page providing some insight
- into the flow of money for goods and services. Because this document
- contains bitmap images, it is s-l-o-w to print on a laserwriter (about a
- half hour for the first copy, only half a minute after that), so don't
- panic. The often “96% of original” rule for bitmap graphics on a
- laserwriter doesn't appear to affect this graphic.
-
-
- Competition. Another graphic illustrating competition in America. There
- is also a corresponding quiz. Consider printing at 96% on a
- laserwriter. (But still looks good at 100%)
-
-
- Decision Table. A work sheet for demonstrating the use of economic
- decision tables.
-
-
- Economic Charts. Handout of pie charts, bar graphs, and so on.
-
-
- Economic Systems. A view of communism vs socialism vs capitalism. We
- tried to be non-judgmental and especially non-political in the course
- and permit the students to reach their own conclusions. A partially-
- completed summary of the characteristics of economic systems
- appears at the bottom of the page for the students to add their own
- comments.
-
-
- Final Essay. Essay questions for the final exam. Readily completed by
- those who didn't nap too often.
-
-
- Final Extra. More essay questions for extra credit. Non-trivial.
-
-
- Final Key. Since three versions of the exams were floating about, we have
- supplied the key to make life a little easier.
-
-
- Final 2.1-3.3. These are multiple choice questions, three different
- versions of two pages each. The key is in Final Key. Don't copy in my
- class! Oh, yes, any given version may be identified by the date in the
- corner.
-
-
- Grades 86. A grading sheet in Excel. Not terribly sophisticated since we
- are not Excelaholics, or rather I should say we are Excel naïfs. (Great
- package I think.) The live data was truncated to protect the not-so-
- innocent.
-
-
- Match 1-3. Midterm tests. Again three versions to protect the smartfrom
- the unethical. Each version is identifiable by the date in the upper
- corner.
-
-
- Org Chart. Organizational chart test page kept fairly simple. You may wish
- to simplify it even further. Bit map but decent at 100% on laserwriter.
-
-
- Quiz I, II, III. First three quizzes for the course. We gave them on lectures
- 2, 3, and 5 of the course which brought forth howls of complaints. By
- lecture 4, the students were in fine shape. We offset the “surprise” of
- the first quiz by an offer to the students: If as a class they followed
- certain rules of conduct and excellence, we would drop their lowest
- grade. They did and we did.
-
-
- Supply and Demand. Simple graphs depicting Supply, Demand, and
- Single Market.
-
-
- Supply and Demand.PNT. Similiar to above but in MacPaint form and
- includes small circular flow of wealth chart.
-
-
- Supply and Demand Test a, b. Pages a and b of test question on Supply
- and Demand.
-
-
- Syllabus. The syllabus we designed for the course. Straight-forward.
- The curious number combinations you may spot are references to
- films we anticipated.
-