[NS] = 
Nicholson, Walter, and Christopher Snyder. Intermediate Microeconomics and Its Application. 11th ed. South-Western College Publishers, 2009. ISBN: 9780324599107.
| SES # | TOPICS | READINGS |
|---|---|---|
| 1 | Public goods and externalities I: A local perspective |
[NS] Chapter 16. Tiebout, Charles. "A Pure Theory of Local Expenditures." Journal of Political Economy (October 1956): 416-424. Visualization Tools: Experiment with exercise 5.1.1 |
| 2 | Public goods and externalities, cont. | No readings |
| 3 |
Guest lecture: Estimating the cost of global warming, Michael Greenstone, 3M Professor of Environmental Economics, MIT Department of Economics |
Congressional Budget Office. "How Policies to Reduce Greenhouse Gas Emissions Could Affect Employment." May 5, 2010. ( Econ 101: Carbon Tax vs. Cap-and-Trade. Environmental Economics: Economists on Environmental and Natural Resources. Slides: Michael Greenstone- "5 Facts about Climate Change: Cause for a Shift in Policy?" (PDF) Slides: Michael Geenstone- "The Social Cost of Carbon, Cost-Benefit Analysis, and Rational Climate Policy." (PDF - 1.1MB) (The slides above were courteys of Michael Greenstone. Used with permission). |
| 4 | Basic investment theory |
[NS] Chapter 14 including appendix Visualization Tools: Experiment with exercise 6.1.1. and 6.1.2. |
| 5 |
Guest lecture: "Columbia A" housing finance case, Tod McGrath, Lecturer in Urban Studies and Planning, Center for Real Estate | McGrath, Tod. "Commonwealth Development (A)." MIT Center for Real Estate, 1999. |
| 6 | Location, economic development and the canonical urban problem |
Krugman, Paul. "Space: The Final Frontier." Journal of Economic Perspectives (Spring 1998): 161-174. Gaspar, Jess, and Edward L. Glaesar. "Information Technology and the Future of Cities." Journal of Urban Economics 43 (1998): 136-156. Baumol, William J. "The Macroeconomics of Unbalanced Growth." American Economic Review 67, no. 3 (1967): 415-426. |
| 7 | Location, economic development, and the canonical urban problem, cont. |
Glaeser, Edward L., and Matthew E. Kahn. "The Greenness of Cities: Carbon Dioxide Emissions and Urban Development." NBER Working Paper No. 14238. August 2008. Glaeser, Edward L., and Albert Saiz. "The Rise of the Skilled City." NBER Working Paper No. 10191. ( |
| 8 |
Guest lecture: New York City's economic development strategy in the face of the recession, Michael Dardia, Deputy Director for Economic Development, City of New York Office of Management and Budget | No readings |
