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Econ 50: Economic Analysis I

Stanford University, Fall 2025 | Instructor: Christopher Makler | Syllabus | Canvas Page


Week 1: Modeling Preferences with Multivariable Calculus

Monday, September 22
Saturday, September 27
Problem Set 1 (due at 11pm on Gradescope)

Week 2: Constrained Optimization when Calculus Works

Saturday, October 4
Problem Set 2 (due at 11pm on Gradescope)

Week 3: Constrained Optimization when Calculus Doesn't Work

Monday, October 6
Friday, October 10
Review session
Saturday, October 11
Problem Set 3 (due at 11pm on Gradescope)
Monday, October 13
Checkpoint 1: Constrained Optimization (weeks 1-3)

Week 4: Consumer Demand

Saturday, October 18
Problem Set 4 (due at 11pm on Gradescope)

Week 5: Applications of Consumer Theory: Foundations of Finance

Monday, October 20
Lecture 11: Intertemporal Choice
Wednesday, October 22
Lecture 12: Uncertainty and Risk
Friday, October 24
Review session
Saturday, October 25
Problem Set 5 (due at 11pm on Gradescope)
Monday, October 27
Checkpoint 2: Consumer Theory (weeks 4-5)

Week 6: Production and Cost

Wednesday, October 29
Lecture 13: Firm Production Functions and Cost Minimization
Friday, October 31
Lecture 14: Costs in the Short Run and the Long Run
Saturday, November 1
Problem Set 6 (due at 11pm on Gradescope)

Week 7: Profit Maximization

Monday, November 3
Lecture 15: Profit Maximization
Wednesday, November 5
Lecture 16: Elasticity and Market Power: From Monopoly to Competition
Friday, November 7
Review session
Saturday, November 8
Problem Set 7 (due at 11pm on Gradescope)
Monday, November 10
Checkpoint 3: Theory of the Firm (weeks 6-7)

Week 8: Short-Run Equilibrium

Wednesday, November 12
Lecture 17: Partial Equilibrium
Friday, November 14
Lecture 18: Welfare Analysis of Equilibrium
Saturday, November 15
Problem Set 8 (due at 11pm on Gradescope)

Week 9: Long-Run Equilibrium

Monday, November 17
Lecture 19: Demand for Labor and Capital
Wednesday, November 19
Lecture 20: Long-Run Competitive Equilibrium
Friday, November 21
Lecture 21: Monopolistic Competition
Saturday, November 29
Problem Set 9 (due at 11pm on Gradescope)

Week 10: Public Economics

Monday, December 1
Lecture 22: Taxes
Wednesday, December 3
Lecture 23: Externalities
Friday, December 5
Lecture 24: Public Goods and Common Resources
Saturday, December 6
Problem Set 10 (due at 11pm on Gradescope)