Environmental and Urban Economics

I am not sure how these folks create their ranking but I like the fact that USC Economics has a Masters Degree that is ranked #9 in the USA.  Over the last year, we have been MS STEM certified and now we are also creating a new MS degree in Spatial Economics and Data Science.  This blended degree in urban economics, econometrics and formal GIS training (in partnership with the USC Spatial Sciences Institute) will be a strong program.

Here is my revised set of notes.   These problems can be covered in three weeks in either an undergraduate or a graduate class and the students will walk away having a better sense of price theory.

Take a look at the new problem on page 34.  A person gains utility from pizza and from being healthy.  Pollution exposure lowers one's health.  The good news is that a person can buy medicine to offset the pollution exposure.  But, the person has a finite amount of income.

Here is a free copy of my updated set of Price Theory problems.  These are new problems that I have written down based on my memories of Gary Becker and Sherwin Rosen's Price Theory classes from 30 years ago.  I will teach these problems during my 3 week stint teaching Ph.D Micro at USC this fall.

I am looking for somebody to produce a clean set of answers to my 40 pages of questions posed here.   Over the last two weeks, I have written out these questions because I'll be teaching the first part of USC's Ph.D. micro class this Fall.  As you will see, these classes involve minimal real mathematics but they require some economic thinking.    We will cover all of this material in 3 weeks as I will push the pace and try to get the new generation of young people to "think like economists".

I live close to UCLA and the streets of Westwood are covered with "The Bird".   These are scooters that travel at a speed of up to 15 MPG and cost $1 to rent and 15 cents per minute of use.  The Bird is produced by Xiaomi (a Chinese company).  My rough guess is that it costs this company $250 to make this product.

Let's do some arithmetic about the operating profit per bird.

Let there be sunshine for 12 hours a day so there are 720 minutes of sunshine a day. It rarely rains in LA.