October 28 - November 1

Monday:

1. Notes on Resource Demand – Part 2
2. How Many Workers Should a Firm Hire (Stone)

Tuesday:

1. UE Chap 8 – Quiz
2. UE Chap 8 – Discussion
3. How Many Workers Should a Firm Hire (Activity 4-1)

Wednesday:

1. Review Labor Chart Part 1
2. Notes on the Supply Side of Labor
3. The Only Game in Town (Activity 4-3)
4. Factor Market Pricing (Activity 4-4)

Thursday:

1.     Chapter 27 Summary Due

2.     Labor  Quiz

3.     Go Over Old Work

4.     How Wages are Determined in Labor Markets (Activity 4-5)

5.   Wages and Employment in Competitive and Monopsonistic Labor Markets (Activity 4-6)

Friday:

1. Go over old work
2. The Story of Economic Rent (Activity 4-50)
3. Problems Dealing with Factor Markets (Activity 4-7)