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Quentin Metsys, Moneychanger and his Wife, 1514 Economics 2

Economics 2 Lecture Notes
Spring 2006

Introduction

Scarcity and Choice

Dolan and Lindsey, Chapter 1

Supply and Demand

Dolan and Lindsey, Chapter 2

Demand

Elasticity of Demand

Dolan and Lindsey, Chapter 3

Consumer Behavior

Dolan and Lindsey, Chapter 5

Theory of the Firm

Production and Costs

Dolan and Lindsey, Chapters 12 and 6

Perfect Competition

Dolan and Lindsey, Chapter 7

Monopoly

Dolan and Lindsey, Chapter 8

Imperfect Competition

Dolan and Lindsey, Chapter 9

Resource Markets

Dolan and Lindsey, Chapters 10 and 11

Information and Uncertainty

Dolan and Lindsey, Chapter 13

Microeconomic Policy

Market Failure

Dolan and Lindsey, Chapters 15, 16, and 17

Poverty and Welfare

Dolan and Lindsey, Chapter 19

International Trade

Dolan and Lindsey, Chapter 20

Review



1794 U.S. 
silver dollar David A. Latzko
Business and Economics Division
Pennsylvania State University, York Campus
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