Instructor:
John Whitehead
e-mail: [email protected]
| Date | Topic | Notes | |
| 1 | T, 8/21 | Introduction | |
| 2 | R, 8/23 | Chapters 1 (pp. 1-17) and 2 (pp. 26-33, 35-39, 41-46) | The cost of a flood-free New Orleans; Assignment 1: follow the instructions here Building Interactive Economic Models With Excel and email me your spreadsheet by Thursday 8/28 at 5 pm. Feel free to work in groups. |
| 3 | T, 8/28 | cont. | Congressional Budget Office new document notification |
| 4 | R, 8/30 | cont., Chapter 3 (pp. 51-61) | |
| 5 | T, 9/4 | cont. | Assignment 2: Boardman chapter 3, exercise 1 (p. 69) AND add a calculation of (a) CS, (b) PS, (c) own-price elasticity and (d) supply elasticity to Assignment 1 (due Tuesday 9/11 at 5 pm) |
| 6 | R, 9/6 | No class: convocation | |
| 7 | T, 9/11 | cont., Chapter 4 (pp. 73-98, 103-106) | Assignment 3: Boardman chapter 3, exercise 2, gas demand problem, and Boardman chapter 4, exercise 2 (due Tuesday 9/18 at 5 pm) |
| 8 | R, 9/13 | Chapter 4 | |
| 9 | T, 9/18 | Chapter 4, Chapter 5 (pp. 112-120) | Assignment 4: (read pp. 98-103) #1: Boardman chapter 4, exercise 4 (parts a, b and "d, e") [hints], #2: A Bonner Bridge Question (due Tuesday 9/25 at 5 pm) |
| 10 | R, 9/20 | Chapter 5 | To this point we've discussed 3 BCA shortcuts. |
| 11 | T, 9/25 | No class | |
| 12 | R, 9/27 | Discounting: Chapter 6 (pp. 131-140, 145, 146-151), Chapter 10 (pp. 236-238, 247-253, 245-246, 258-261) | Assignment 5: Boardman chapter 6, exercise 3, exercise 4 (due Thursday 10/4 at 5 pm) |
| 13 | T, 10/2 | Discounting cont. | |
| 14 | R, 10/4 | Discounting cont. | |
| 15 | T, 10/9 | Exam #1 Draft Study Questions | |
| R, 10/11 | Fall Break | ||
| 16 | T, 10/16 | Uncertainty: Chapter 7 (pp. 165-171, 175-184) | Final exam (80%): conduct a benefit-cost analysis of a federal project. |
| 17 | R, 10/18 | Uncertainty, cont. | Extension: Assignment 5 due Thursday 10/18 at 5 pm |
| 18 | T, 10/23 | Demonstration Projects (pp. 279-285) | Assignment #6 Due Thursday 10/25 at 5 pm |
| 19 | R, 10/25 | Estimation of Demand (pp. 314-329, Appendix) | |
| 20 | T, 10/30 | cont. | Assignment #7: Due Thursday 11/1 at 5 pm |
| 21 | R, 11/1 | Revealed Preference Methods | |
| 22 | T, 11/6 | cont. | Assignment #8: Due Thursday 11/15 at 5 pm. Here is the paper. |
| 23 | R, 11/8 | cont. | |
| 24 | T, 11/13 | cont. | |
| 25 | R, 11/15 | Stated Preference Methods | |
| 26 | T, 11/20 | No class | |
| R, 11/22 | Thanksgiving | ||
| 27 | T, 11/27 | cont. | |
| 28 | R, 11/29 | Wrap-up: How accurate are benefit-cost analyses? Do they improve government policy-making? [Hahn, 1998; OMB, 2007; Graham, 2007] | Sign up for an appointment with your professor about the final exam! |
| 29 | T, 12/4 | No class | |
| W, 12/5 | Reading Day | ||
| T, 12/11 | Final Exam 12:00 PM - 2:30 PM |