If I was to teach Econ 101 ...

I had today off, so I started to write up a draft outline of what a set of lecture notes for teaching an introductory economics course would look like in the counterfactual world where the information transfer framework takes over all of economics.
I. Introductory history
Denise Schmandt-Besserat and Mesopotamian tokens
Adam Smith**
Diagrammatic approaches**, marginalism** and Alfred Marshall**

II. Principles of economics and supply and demand
Principles of economics
Basics of supply and demand curves (e.g. like these notes [pdf]**)

III. Opportunity sets and demand curves
Demand curves from state space properties (Becker, monkeys)

IV. Production possibilities and supply curves
Production possibilities (trade-offs, diversity)
Supply curves and production possibilities

V. Price mechanism
Hayek on the price mechanism**
The price system as a communication channel (utility, Stiglitz)

VI. Allocation and information
Economic allocation problem
Information theory 101 and information equilibrium (Fisher, Fielitz and Borchardt**)
Information, knowledge and the EMH

VII. Information equilibrium
update 23 Apr 2017: Overview of information equilibrium concepts
General and partial equilibrium solutions to IE condition (taken from the paper)
update 23 Apr 2017: Relationship of general and partial equilibrium (scope conditions)
Power laws
Time series

VIII. Partial information equilibrium
Interpreting supply and demand curves
Elasticities
Minimum wage

IX. Non-ideal information transfer
Physical systems
Aside: information transfer traffic model (traffic jams)
Supply and demand

X. Entropy
Entropy and the Walrasian auctioneer
Entropy and supply and demand
Price shocks and non-ideal information transfer
Wicksellian roundabout
update 23 Apr 2017: Ensembles and partition functions
update 23 Apr 2017: Example: ensemble of labor markets
Economic potentials/statistical economics (here, here)

XI. Macroeconomics, part 1
AD-AS model
IS-LM (low inflation, generally)
"Quantity theory of labor"
Labor and capital model
update 22 Jan 2017: Dynamic employment equilibrium
update 23 Apr 2017: More dynamic equilibrium

XII. Macroeconomics, part 2
Babysitting co-op
MINIMAC
Macro stickiness versus micro stickiness (Calvo as entropic force)
Emergent representative agent

XIII. Macroeconomics, part 3
DSGE form
Interest rate dynamics (and this and this)
Employment shocks and nominal shocks
(Changing) Phillips curve (here, here)

XIV. Growth
Price revolution
Issues with extrapolating growth to the past (here, here)
Solow model (here, here and here)

XV. Money
As information mediation
Origin?
Paradox of fiat money (solved)

XVI. Utility
Utility maximization versus information equilibrium
Utility maximization, matching and information equilibrium

XVII. Microeconomics
Asset pricing equation (Cochrane)
Stochastic processes and information equilibrium
Stock value versus book value

XVIII. Behavioral economics
Prediction markets
Excess volatility, "momentum", yield curve slope
Value premium
Endowment effect

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There is also a presentation giving a general overview of information equilibrium here.

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Updated 22 January 2017 and 23 April 2017 (see above).

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** Reference material -- links aren't to this blog (all other links are).