Podcasts of Professor Palmer's Lectures
in Introductory Economics.

I expect to make the audio portions of my Economics 020 lectures available on the internet at this site.
There are also cryptic notes for the lectures,  available here.
Most of the geometry and algebra will be very difficult to follow if you have not been in class.

Please note that the files are in .wma format (windows media audio),
which are less than half the size of MP3 files used in most IPods and most podcasts.
Each 50-minute lecture segment is about 6mgs. in size.
There are many programmes available, some freeware, that will
convert .wma files to MP3s if your computer or IPod does not play .wma files.

Fall Term Winter Term
Lecture 01: Introduction, Incentives, and Rationality Lecture 01: Externalities, Coase, and Market Failures
Lecture 02a: Economics as a Science; Positive vs. Normative Statments Lecture 02: Pollution and Dr. Pangloss
Lecture 02b: Scarcity and Choice: Who Gets the Goodies? Production Possbilities Lecture 03a: Pollution Policies
Lecture 03b: Economic Role of Gubmnt
Lecture 03: Opportunity Costs and Trade-Offs Lecture 04: Introduction to Inflation
Lecture 04a: Utility, Opportunity Costs, and Demand
                           
  (with apologies for not recording the first ten minutes of the lecture)
Lecture 05a: Measuring the Rate of Inflation
Lecture 05b: Measuring the Unemployment Rate
(low volume due to not using an external microphone)
Lecture 04b: Demand, Consumer Surplus, and Elasticities Lecture 06: Job Search and Expectations
Lecture 05: Elasticities, Budget Lines, and Indifference Curves Lecture 07a: Introduction to Phillips Curves
Lecture 07b: Shifting the LR Phillips Curves
Lecture 06a: Budget Lines and Indifference Curves Lecture 08: Aggregate Demand and Aggregate Supply
Lecture 06b: Deriving Demand Curves from Indifference Maps Lecture 09: AD, AS, and SNKM
Lecture 07: Deriving Market Demand; Introduction to Supply Lecture 10: National Income Accounting
Lecture 08a: Supply and Demand Simulation -- the Baseball Game Lecture 11a: What is Money?
Lecture 11b: Multiple Expansion of Deposits
Lecture 08b: Supply and Demand -- Debriefing the Game (It seems that we need a volunteer to remind me to turn on the recorder before I begin the 2nd half of each 2-hour lecture) Lecture 12: Fractional Reserve Banking in Canada
Lecture 09: Putting Supply and Demand Together Lecture 13: Oops; unavailable
Lecture 10a: Supply and Demand Applications, #1 Lecture 14: Tools of Monetary Policy, cont'd.
Lecture 10b: Supply and Demand Applications, #2 Lecture 15a: The Quantity Theory of Money
Lecture 11: Even More Supply and Demand Applications (but it looks as if the battery died near the end of the lecture.) Lecture 15b: The Monetary Mechanism; intro to Fiscal Policy

Two-hour Pre-Exam Question & Answer Session [Large File!]

Lecture 16: Let's Get Fiscal!
Lecture 12: Oops. I forgot to take the recorder to campus to today. Apologies to all. Lecture 17a: Money/Macro Policy I
Lecture 17b: Money/Macro Policy II
Lecture 13a: Production and Costs Lecture 18: Macro Questions and Answers
Lecture 13b: Costs, Revenues, and Profit Maximization Lecture 18a: Introduction to Comparative Advantage
Lecture 14: Marginal Costs and Supply Lecture 18b: Trade in the 2x2 model, illustrated with S&D
Lecture 15a: Long-Run Costs and Planning Decisions Lecture 19: Trade, Prodn Possibilities, Lumber
Lecture 15b: Long-Run Competitive Equilibrium Lecture 20a: Trade Policy, part I
Lecture 20b: oops
Lecture 16: License Fees (not much here -- the battery died early in the lecture) Lecture 21: Trade Quiz and Policy
Lecture 17a: Monopoly and Price-searching Behaviour Lecture 22a: Trade Facts and Perceptions
Lecture 17b: Price Discrimination (and being mistaken for a senior citizen?) Lecture 22b: Trade; Intro to Exchange Rates
Lecture 18: Speculation and Risk Lecture 23: Exchange Rates, PPP
Lecture 18a: Extra Session Lecture 24: Interest Rate Parity
Lecture 19a: Intro to the Prisoners' Dilemma Lecture 25: Balance of Payments
Lecture 19b: Intro to Duopoly  
Lecture 20: Oh-Lee-Go-Pole-Lee and the Prisoners' Dilemma  
Lecture 21a: What, if anything, Is Wrong with Monopoly?  
Lecture 21b: What Remedies are possible for Monopoly?  
Lecture 22: Natural Monopoly. If you think I'm posting that podcast, you're crazier than a York grad.  
Lecture 23a: Profit, Net Revenues, Risk  
Lecture 23b: Interest Rates and Net Present Values  
Lecture 24: Interest, Investment and the Fisher Equation  
Lecture 25a: Labour-Leisure Trade-off; MRP and MFC; Negative Income Taxes  
Lecture 25b: Lorenz Curves, Gini Co-efficients, Distributions  

To listen to MP3 podcasts that I did alone, with Phil Miller and with King Banaian back in 2005,
click on one of these links:

1. Initial Interview on Radio-Economics.
2. Discussion with Phil Miller about price floors and price ceilings.
3. Discussion with Phil Miller and King Banaian about economics and education.
4. Discussion with Phil Miller and King Banaian about the economics of the world series.

5. The Economics of Search, Love, and Marriage