2008/09 EC102
Prof. Alwyn Young (lecturer)
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Mr. Iain Long (course manager)
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Mr. John Barrdear (class teacher)
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I am teaching four classes this year. My timetable for this subject is:
Monday
11:00-12:00, Peacock Theatre, Lecture
12:00-13:00, Z29, Class Group 1
13:00-14:00, Z29, Class Group 2
14:00-15:00, S684, Office Hours (I may arrive late as I'll need to get coffee)
15:00-16:00, K105, Class Group 3
16:00-17:00, S684, Office Hours
17:00-18:00, U210, Class Group 4
Tuesday
12:00-13:00, Peacock Theatre, Lecture
A few relevant links:
I am cutting down to one (1) office hour per week. Your options are (all on Mondays):
09:00-10:00
09:30-10:30
10:00-11:00
14:00-15:00
16:00-17:00
Please email me with your preference (feel free to indicate your first, second and third preferences). I'll decide strictly on a democratic basis.
Remember that your second problem set is due in NEXT WEEK. The cut off is 5pm on Wednesday the 10th of December.
You can hand your problem sets to me in class on Monday or put them in my pigeon hole in S600.
Further to our discussion question today, I've written a short piece explaining why sunk costs are important in making economic (or business) decisions. I strongly recommend that you all read it:
"On the importance of sunk costs"
Here are some summary statistics from Problem Set 1:
| Number of students: | 54 |
| Mean | 62.9 |
| Median | 64.5 |
| Std. Dev. | 11.8 |
Some of you may have noticed or heard that the price of shares in Volkswagen have shot through the roof this week. You are all now armed with the knowledge to explain those changes. I've written a brief piece on my blog about it in case you're interested:
http://barrdear.com/john/2008/10/29/vw-supply-demand-and-elasticity/
It's not mandatory - just for your interest!
I'm writing to remind you that the first problem set is due next week.
Officially, you're meant to hand them in during class, but since you've all got classes on Monday, that seems a bit unfair given that other students get a few extra days. So what I'll do is this:
You can hand your problem sets in during class, but I will also put a box out in room S600 (that's straight out of the lifts on level 6 of the St. Clement's building). I'll leave it there until 5pm on Wednesday.
Unless you've got a really, really good excuse, I will not accept problem sets after that.
Please clearly write your Name, Student Number and Class Group Number at the top of your answers.
It is perfectly fine, even encouraged, for you to work in groups, but I do need everyone to submit their work separately.
Good luck and I'll see you next Monday.
My name is John Barrdear. I will be your class teacher for EC102 (Economics B) for this academic year. I'm a PhD student in the economics department. This is the second year that I've taught EC102 (and the third that Alwyn Young has been the lecturer).
All of us have our EC102 classes on Mondays. On that basis, I will be conducting my office hours on Mondays as well. We'll sort out the exact time next week when I meet you all.
I will maintain a small (and unofficial!) webpage for my teaching here: http://personal.lse.ac.uk/barrdear/teaching/2008-09-ec102/
There is not much there at the moment, but if you're terribly keen, you can look at the sort of things I put up last year here: http://personal.lse.ac.uk/barrdear/teaching/2007-08-ec102/
I also write a blog (that I update only occasionally) that you can reach here: http://barrdear.com/john/
Finally, I need to stress that doing the weekly quizzes and attending the weekly classes with me are **mandatory**. I am required to take attendance and if you miss too many classes without a valid reason, your personal tutor will start asking uncomfortable questions.
Having said that, don't worry too much at this stage if you can't figure out the answers to the quiz questions. Your results on the quizzes do not count at all towards your final grade. We just need to know that you attempted them before coming to class.
Thanks for your time. I'll see you all next Monday.