Thanks for hanging in there.  It was almost a full house today and given how beautiful it was, I know that the cost was high -- just as I know that the cost of a year at URI is different for each of you.  We'll be certain to talk about this on Tuesday. Before then, however, I wanted to explain briefly the features of this course which are causing some of you a bit of anxiety.   You can can tell from the e-mails and comments after class that some / many of you are feeling a bit of strain as you struggle through something that is quite different.  You are not alone - and what you are experiencing is different. 

First, the material comes to you electronically and not via a text.  The web structure with all of the hyperlinks takes a while to get used to, but I am confident that you will be able to master it.  The structure of the web is related to the second problem - where are the answers to the Questions of the Day?   These QOTD are designed for each unit as questions which you should look at before we go over the material in class.  The emphasis here is on your ability to learn the few basic economic principles in this course which is different from your ability to answer questions after we have gone over the material in class.  You should give it the old college try, but do not worry about not getting them all.  If you did, then there would be no need for me.  What we will do is then discuss the questions as we work through the material in class. 

So let's look at next Tuesday.  You still have a few Data Analysis questions which we will start with.  These questions are designed to see how well you understand graphs.  We will then shift to the first set of Opportunity Cost questions including the cost of a year of school.  This will provide the structure for your calculation of the cost of a year of school as well as the other QOTD.  This should not take long since economic cost is IMPORTANT, but it is not that difficult once you get it.  We will then turn to the second set of Opportunity Cost questions including the question "How much do we need to worry about China."   The material you need to develop your answer can be found in the Possibility Curves part of the Opportunity Cost Unit. 

In each case you should begin the unit by reading the Overview and then moving on to the Outline which is the equivalent of the textbook.   To make sure that you have master the concept you should then turn to the Review Quiz which gives you a sample of the type of questions that you will get on the exam.

So good luck - and if you have any questions / problems come see Rachel, Tim or me.