- Periodicals available at reduces rates (pick up flyers in lecture):o New York Timeso Wall Street Journalo The Economisto Business Week- Modified office hours: Mondays 10:30-11:30 & 2:30-4, Wednesday 10-1:30 & 2:30-4 o *except this Wednesday- Further notes on the syllabus:o Grades will be posted on Learn@UW (only grades)o To practice for exams take the other class's midterms (they will be posted on the class website)o Midterms are scantron, we will receive a sheet back with our answers and the correct answers, and we will be able to see the questionso The first homework will be sent by email to us and then will be posted online as well- Extra help:o Can attend extra discussion sections, all sections are listed on the webpage under "Teaching Assistants"o Business Learning Center on the 2nd floor of Grainger, can sign up for a discussion section, it's very thorougho ESA "Economics Student Association", drop in tutoringo GUTS tutoring & University Housing tutoringo Private tutors on Econ department webpage- Advice:o College is hard and your choices mattero Explicit & implicit rules & agendas: Time management Avoid temptations of doing things other than homework Close reading skills Thinking (vs. memorization) Taking material from class and applying it in a different way- What is economics?o The study of the production, allocation and distribution of goods and services in a world with scarce resources Scarce resources force us to make choices- land-------------------------->rent- labor------------------------->wages- capital----------------------->interest- entrepreneurial ability-->profito Economic questions Allocation: What gets produced? Production: How do you make goods and services? Distribution: Who gets the gods and
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