Economics 411--Giertz--Spring 2020--Online continuation (Beginning March 23, 2020)
University of Illinois at Urbana-Champaign
Final Examination (combined Exams 2 and 3)
I hope you are all doing well during the current period
of uncertainty. This introduction provides a plan for the remainder
of the semester. I will attempt to be flexible and I hope you will as
well.
1.
First, traditional classes well be replaced by online instruction. As
noted previously, the lectures and other material will be available on-demand.
This means you can access work on your own schedule. Nevertheless, you
should attempt to view the lectures as they become available.
2.
I plan to work from the class website, not from COMPASS although grades will be
posted there.
3.
The lectures and other material will be available on-demand (asynchronous) from
the website. This means you can access work on your own schedule.
Nevertheless, you should attempt to view the lectures as they become available.
4. I
will use the PowerPoint platform with my lectures recorded over the slides.
5.
The will also be other material available on the Internet that will be assigned
to supplement the lectures.
6.
You can ask questions be email.
7.
The same syllabus and set of topics that we have been using to date will be
followed. This means that you can study the text and other material
immediately if you choose.
8.
There will be one (final) exam for the class that will be open book-open
Internet. This untimed exam will replace the previously scheduled midterm and
final exams and count two-thirds of the grade. I will provide the exam at least
two weeks before the end of the term. The exam will be due on May 15—the
scheduled final date.
9.
You have received your grades for the first exam. I am not sure if or how you
will be able to review your work. Since the exam will only cover only new
material, the review of the first exam is not essential.
Online Lectures:
Present Value Tutorial--Khan Academy and Time Value of Money You may have to sign up (free) with Kahn Academy to view.
Lecture 1--March 23, 2020 Benefit-Cost
Lecture 2-March 25, 2020 Introduction to Redistribution
Three Views of Economic Inequality:
Valerie Ramey The Past, Present and Future of US Income Inequality
Thomas Sowell on the Myths of Economic Inequality--Hoover Institution
Dan Ariely How equal do we want the world to be?
Indifference Curves--Khan Academy
Lecture 3-March 26 More on Redistribution
Lecture 4-March 27 Redistributio to the "Poor"
Angus Deaton--Nobel Prize Lecture: Measuring and Understanding Behavior, Welfare, and Poverty
Lectures 5-April 5 Healthcare 1
Lectures 6-April 5 Healthcare 2 with brief coverage of education and unemployment insurance
Bill Schlosser Healthcare Economics
Alternatives to Affordable Care Act--Harvard University, Kennedy School Discussion
Lecture 7-April 6 Social Security 1
Lecture 8-April 7 Social Security 2
Nobel Laureate Economist Peter Diamond - "The Future of Social Security" Rice University
Lecture 9-April 8 Introduction to Taxation
Joel Slemrod-Weird Taxes of Past and Their Lessons for Tax Policy Tulane University
Lecture 10-April11 Taxation Continued