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Economics 113, Mathematical Economics: General Equilibrium Theory
This page last revised June 17, 2011 © Copyright Ross M. Starr, 2009, 2010, 2011 commercial reproduction without express permission is prohibited.
COURSE GRADE DISTRIBUTION: A+: 14%; A: 36%; A-: 26%; B+: 14%; B: 10%. CONGRATULATIONS ON YOUR GOOD WORK! INSTRUCTOR: Professor Ross Starr OFFICE HOURS: Wednesdays, 3:30 to 5:00, 325 Economics NO OFFICE HOURS JUNE 1 Teaching Assistant: Ms. Stephanie Fried, sfried@ucsd.edu Office hours: Tuesday afternoons from 3:30-5:30, Econ 112 EXCEPT TUESDAY MAY 31. MAY 31 OFFICE HOURS 12:00 - 2:00. COURSE SCHEDULE: MWF, 2:00-2:50, room 121 Pepper Canyon Hall. REVIEW & QUESTION/ANSWER SESSION: TUESDAY MAY 31, ROOM 304 ECONOMICS, 4:30 PM. COURSE INFORMATION Syllabus ,revised April 16, 2011
TEXTBOOK The principal textbook is General Equilibrium Theory: An Introduction by Ross Starr. We'll be using the draft second edition --- it will be available on the web for this class. The first edition paperback, Cambridge University Press, 1997, should be available from Amazon --- though you should not need it; it should be pretty inexpensive. General Equilibrium Theory: An Introduction, Draft Second Edition © Copyright 1997, 2009, 2011 Ross M. Starr The illustrations are listed separately. Please let me have your corrections (it's gone to the typesetter now --- you'll be creating the first errata!!). Corrections for the first edition Lecture Notes Lecture Notes for March 28, 2011 Lecture Notes for March 30, 2011 Lecture Notes for April 1, 2011 Lecture Notes for April 4, 2011 Lecture Notes for April 6, 2011 Lecture Notes for April 8, 2011 Lecture Notes for April 20, 2011 Lecture Notes for April 25, 2011 Lecture Notes for May 2 & 4, 2011 Lecture Notes for May 9 & 11, 2011, Part 1 Lecture Notes for May 9 & 11, 2011, Part 2 Lecture Notes for May 20, 2011 Lecture Notes for May 23, 2011
Video Recorded Lectures http://mediaservices.ucsd.edu/econ-113
Podcast Recorded Lectures http://podcast.ucsd.edu/podcasts/default.aspx?PodcastId=1199&l
Supplementary Readings Problem Sets There will be weekly problem sets required. It's OK to work with classmates on problem sets. Problem Set 1 Due Thursday, April 7, 4:00 PM, at the labelled lockbox in Economics Bldg.
Problem Set 6: Starr's General Equilibrium Theory, Problems 19.1, 19.3, 19.8, 19.12. Due Thursday, May 26, at the labelled lockbox in the Economics Bldg. Social Choice Problem Set For practice only. Do not submit.
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. Fried --- who promise to be clueless), until the examination is collected. Midterm 1 Form Alpha Answer Key Grade and point distribution on Midterm 1: 86 to 100: A, 37% ; 71 to 85: B, 39% ; 61 to 70: C, 12%; 51 to 60: D, 6% ; 0 to 50: F, 6%. There will be two in-class midterms, a take-home midterm, and a take-home final exam. Contrary to the Schedule of Classes, there will be no in-class final exam. Midterm 2: There will be a brief take-home midterm on the web, Monday May 16, due Wednesday May 18. There will be an in-class midterm on Wednesday May 18. All notation on Midterm 2 is taken from Starr's "General Equilibrium Theory: An Introduction," draft second edition. There are eight forms of Midterm 2, THE MIDTERM LOTTERY: WHICH EXAM SHOULD I TAKE? There are eight forms of the exam, all of equal length and difficulty. They are EVEN-EVEN-EVEN, EVEN-EVEN-ODD ,EVEN-ODD-EVEN , EVEN-ODD-ODD , ODD-EVEN-EVEN, ODD -EVEN-ODD, ODD -ODD-EVEN , ODD -ODD-ODD How to determine which form is yours: Check the last three digits of your UCSD student ID number, in order. Match the form of your exam to which of your last three digits is odd or even. Example: Last three digits are 747, then the exam is odd-even-odd. If you do not have a UCSD student ID number, choose exam odd-odd-odd. Write your UCSD student ID number (in addition to your name) on the cover of your blue book. Take home midterm: EvenEvenEven; EvenEvenODD; EvenODDeVEN; EvenODDODD; ODDEVENEVEN; ODDEVENODD; ODDODDEVEN; ODDODDODD Take-home Midterm 2 Answer Keys: All of the problems on the eight forms of the midterm can be found on the two Answer keys here: EvenEvenEvenAnswerKey; ODDODDODDAnswerKey In-class Midterm 2 Answer Keys: Form Alpha Answer Key; Form Omega Answer Key Midterm 2 Grade distribution: 95 to 100 A+ (11%), 75 to 94 A (43%), 70 to 74 A- (5%), 60 to 69 B+ (23%), 40 to 59 B (18%), 0 to 39 B- (2%). Percentages do not total 100% due to rounding. Final Exam: The final exam will be take-home only. Available on the web, Wednesday June 1, due Friday June 3. Procedures for the Take-Home Final Exam: The exam will be available on the web by 4:00 PM Wednesday, June 1. It is in eight slightly different equally difficult forms just as the take-home midterm was. You should use the form that corresponds to the last three digits of your UCSD student ID number: even-even-even, even-even-odd, ., odd-odd-odd. There are four questions, all required. Security is open book, open notes, any published source (cite), other people are closed. The exam is due in class, at the start of class, 2:00 PM Friday, June 3. Then there's a CUPCAKE party! The exam MUST be submitted in a BLUE BOOK! QUIET PERIOD DURING THE EXAMINATION PERIOD: From 3:45 PM Wednesday June 1 to 2:15 PM Friday June 3. During this period, do not discuss or communicate regarding the exam, the course, course content, course-relevant mathematics, course-relevant economics with anyone except Prof. Starr or Ms. Fried: classmates, friends, faculty are closed. Prof. Starr and Ms. Fried will share any course-relevant advice that goes to one student, with all by e-mail. _______________________________________________ FINAL EXAMINATION : Hints and Instructions for the Final Exam The Hare Ballot EvenEvenEven; EvenEvenODD; EvenODDeVEN; EvenODDODD; ODDEVENEVEN; ODDEVENODD; ODDODDEVEN; ODDODDODD Answer Key ODDODDODD; Answer Key EVENEVENEVEN _______________________________________________ For samples of previous years' exams and answers go to 2010's webpage. _________________________________________________
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