1. ECON 220 Week 1

2. Introductions Name Where you’re from Why are you interested in Economics Or Something interesting about yourself.

3. Administrative things Moodle page: Get your coursepaper, tutorial worksheets and solutions, and lecture slides. Textbook: Varian, Intermediate Microeconomics Office hours: Tuesdays 11-11:50, Old Eng. Bldg. C41 Email: a.ali11@lancaster.ac.uk My website: www.lancaster.ac.uk/pg/alia10/econ220.html www.lancaster.ac.uk/pg/alia10/econ220.html

4. My Expectations Read the textbook and keep up with the readings for each week. Attend the lectures and take notes. Attempt every question on the weekly worksheets. Bring completed work, any questions that you had to tutorials. Participate in tutorials: discussions, group work, individual work at the board.

5. What we’ll do in Tutorials Discuss answers to some worksheet questions. Work through some worksheet problems. Note: We will not be able to work through all problems in the tutorial – it’s up to you to do that on your own. Solutions will be provided by lecturers for all problems, so you can check your answers. Email me if you have difficulty with any particular problems.

6. In-Class Activity Split up into two (or three) teams. Each team will have a set of problems to do on the board. Each team member do one problem. Teams can decide who goes first, problems can be done in any order. Teammates can ask their team members for help if they need it. Whichever team gets the most correct answers first wins.

7. Activity – Solve for dy/dx Team 1Team 2

8. Solutions (Team 1 problems)

9. Solutions (Team 2 problems)

10. What can you do this week? Get the book and start reading for next week! Brush up on your calculus. Download the Week 2 worksheet and start working on it – ask questions in the lecture if you get stuck. – Note: the week 2 worksheet is constrained optimization and unconstrained optimization.