14.03 
INTERMEDIATE APPLIED MICROECONOMICS, SPRING 1997

• Professor: Susan Athey, E52-251B, Office hours: M 4-5; TH11-12
• Teaching Assistants:

Stuti Khemani, E52-201, Office hours: TBA (stuti@MIT.EDU)
Robert Marquez, E52-243g, Office hours: TBA (rsmarqz@MIT.EDU)
• Administrative Assistant: Michael Kreutz, Cubicle in E52-251/252.

• Lecture: MW10:30-12 (4-370)
• Recitation: F10 (13-5101) or F11 (13-3101, 13-5101)
• Midterm: March 18 at 7:30 p.m. in E51-345.
• Final:

• Instructions for printing postscript files.
• Note: You can use the helper application Ghostview to view the postscript files on-line.
• Email list: the class list is 14-03@mit.edu. You may add yourself to the list or remove yourself from it using "listmaint." See http://consult.mit.edu/stock_answers/accounts/accounts_listmaint.html for more details.

• Syllabus
• Reading list

• Problem Set Directory
• Grading Information: Final and Course
• This Year's Final
• This Year's Midterm.
• Last Year's Midterm (in postscript) and Solution (in pdf format)
• Last Year's Final (in postscript)

• Solutions are not available online because we don't have an easy way to scan them in and put up the postscript files. Solutions are available outside of Stuti Khemani's Office (E52-201).
• Graded problem sets and solutions will be handed out in section; after section, they will be available outside of Stuti's office.

• Weeks 1-2 (2/5,10,12): Kennan and Freeman articles in reader; Chps. 1-3 of Nicholson.
• Week 3 (2/18,19): Dwyer and Lindsay in reader; Chps. 4-5 of Nicholson.
• Weeks 4-5 (2/24,26, 3/3,5): Boskin article in reader; 5 articles on CPI (available at Michael Kreutz cubicle in E52-251); Chp. 5 in Nicholson.
• Week 6 (3/10,12): Chp. 6 Nicholson (pp. 173-181 only), Chp. 7 Nicholson; Kane and Staiger, Phelps articles in reader.
• Week 7 (3/17,19): Chps. 11-13 Nicholson.
• Week 8 (3/31,4/2): Chp. 15, 9 (through 269), Milgrom and Roberts, "Does Organization Matter."
• Week 9 (4/7,9): Class notes (Incentives, Complementarity); Milgrom and Roberts, "Modern Manufacturing."
• Week 10 (4/14, 16): Chp. 16; Fischel and Lazear article.
• Week 11 (4/23): Chp. 17 (505-526); Krugman Foreign Affairs article.
• Week 12 (4/28, 4/30): Chp. 18; Krugman AER.
• Week 13 (5/5, 5/7): Chp. 20; Disneyland Handout; McAfee and Deneckre (optional).
• Week 14 (5/12, 5/14): Class notes (Externalities).

• Handout on price indices (postscript): priceind.ps
• Handouts on modern manufacturing, formal theory of complementarity (both in postscript format).
• Handout on Disneyland (postscript).
• Detailed outline of lectures & themes of course (postscript).

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