Об этом курсе: This course offers an introduction to the functions of individual decision-makers—both consumers and producers—within the larger economic system. Emphasis is on the nature and functions of product markets, the theory of the firm under varying conditions of competition and monopoly, and the role of government in promoting efficiency in the economy. Most people make the incorrect assumption that economics is ONLY the study of money. My primary goal in this course is to shatter this belief. During this course, we will be addressing the above questions as well as many more relating to: -the environment -love and marriage -crime -labor markets -education -politics -sports -business My main goal is to show you the way economists think and how to use this analytical system to answer questions related not only to these and other important human issues, but to anything you end up doing with your life after this class. After all, as you will quickly find out, I believe that everything is economics!
Автор: University of Illinois at Urbana-Champaign
Преподаватели: Dr. José J. Vázquez-Cognet, Clinical Professor
Department of Economics
| Уровень | Начинающий |
| Выполнение | Customizable based on your level of interest |
| Язык | English, Субтитры: Spanish, Chinese (Simplified) |
| Как пройти курс | Чтобы пройти курс, выполните все оцениваемые задания. |
| Оценки пользователей |
Программа курса
НЕДЕЛЯ 1
Course Orientation
You will become familiar with the course, your classmates, and our learning environment. The orientation will also help you obtain the technical skills required for the course.
1 видео, 4 материала для самостоятельного изучения, 1 тренировочный тест
- Reading: Syllabus
- Reading: About the Discussion Forums
- Тренировочный тест: Orientation Quiz
- Reading: Updating Your Profile
- Discussion Prompt: Getting to Know Your Classmates
- Reading: Social Media
Introduction and Basic Principles
Welcome to your first week in Microeconomics Principles! As you will quickly see, the things you learn in this class will probably help you see the world in a different way. Economics is not just about money, as you may have incorrectly assumed. On the contrary, as you will learn in this lesson, economics is about how society distributes scarce resources. And, since almost anything in the world is a scarce resource, from fossil fuels to nice guys, we can apply the rules of economics to pretty much anything.
6 видео, 1 материал для самостоятельного изучения
- Reading: Week 1 Overview
- Видео: 2.1. What is Economics?
- Видео: 2.2. Opportunity Costs
- Видео: 2.3. Net Marginal Benefit Principle
- Видео: 2.4. The Invisible Hand Principle
- Видео: 2.5. Trade
- Discussion Prompt: Week 1 Discussion Questions
Оцениваемый: Week 1 Quiz
НЕДЕЛЯ 2
Supply and Demand
Welcome to your second week in Microeconomics Principles! This module we will cover the hallmark framework of the field: the supply and demand model. I am sure that if you knew any economics words before enrolling in this course those two words were supply and demand. This module you will finally learn what all the fuss is about.
17 видео, 1 материал для самостоятельного изучения
- Reading: Week 2 Overview
- Видео: 1.2. The Market for Romantic Relationships
- Видео: 2.1. The Determinants of Demand
- Видео: 2.2. The Demand Function, Schedule, and Curve
- Видео: 2.3. Introducing Comparative Statistics: Changes in the Price
- Видео: 2.4. A Change in Demand, Part 1
- Видео: 2.5. A Change in Demand, Part 2
- Видео: 3.1. The Determinants of Supply
- Видео: 3.2. The Supply Equation, Schedule, and Curve
- Видео: 3.3. Price of an Input Changes
- Видео: 3.4. A Change in Technology
- Видео: 4.1. Supply Surplus, Supply Shortage, and Equilibrium Price
- Видео: 5.1. Changes in Demand: Price of Related Goods
- Видео: 5.2. Changes in Demand: Consumer Preferences
- Видео: 5.3. A Change in Supply
- Видео: 5.4. Simultaneous Change in Supply and Demand
- Видео: 6.1. Demand and Supply Conclusion
- Discussion Prompt: Week 2 Discussion Questions
Оцениваемый: Week 2 Quiz
НЕДЕЛЯ 3
Market Efficiency and Government Policies
Welcome to Week 3! Last module we introduced the supply and demand model to explain how free markets work. One of the main concepts we learned about free markets was that they tend to gravitate toward an “equilibrium” price and quantity. This module we will use the same conceptual model to answer one important question: Are free markets the best way to distribute society’s resources?
10 видео, 1 материал для самостоятельного изучения
- Reading: Week 3 Overview
- Видео: 2.1. What is Consumer Surplus?
- Видео: 2.2. Consumer Surplus and the Demand Curve
- Видео: 3.1. What is Producer Surplus?
- Видео: 3.2. Producer Surplus and the Supply Curve
- Видео: 4.1. Total Surplus: The Graphical Argument for Free Markets
- Видео: 5.1. Price Ceilings
- Видео: 5.2. Price Floors
- Видео: 6.1. Could We Reduce the Shortage of Human Organs?
- Видео: 6.2. Application: Playoff Tickets and Scalping Laws
- Discussion Prompt: Week 3 Discussion Questions
Оцениваемый: Week 3 Quiz
НЕДЕЛЯ 4
Elasticities
Welcome to the fourth week! This module we will cover one of my favorite economics concepts: elasticity. It is one of my favorites because of how useful it is to analyze policy implications, as well as its usefulness for business managers. This will be obvious to you when you read one of the discussion topics for this module: Should we legalize marijuana?
14 видео, 1 материал для самостоятельного изучения
- Reading: Week 4 Overview
- Видео: 2.1. Definition and Classifying Price Elasticities of Demand
- Видео: 2.2. Price Elasticity of Demand and Revenue
- Видео: 2.3. Determinants of Price Elasticity of Demand
- Видео: 2.4. Price Elasticities of Demand and the Linear Demand Curve
- Видео: 3.1. Income Elasticity of Demand
- Видео: 3.2. Cross-Price Elasticity of Demand
- Видео: 4.1. Definition of Price Elasticity of Supply
- Видео: 4.2. Determinants of Price Elasticity of Supply
- Видео: 5.1. Introduction to Per-Unit Taxes
- Видео: 5.2. The Distributional Effects of Tax
- Видео: 5.3. Taxes and Surplus
- Видео: 6.1. Should Black Dog Increase the Price of Their Sandwiches?
- Видео: 6.2. Other Applications of Price Elasticity
- Discussion Prompt: Week 4 Discussion Questions
Оцениваемый: Week 4 Quiz
НЕДЕЛЯ 5
Production and Costs
Welcome to your fifth week! This module we will begin covering the theory of the firm, which will take us basically three modules to finish. Economists call this section of the course, "The Economics of the Lemonade Stand." And that title makes perfect sense, since the concepts we cover can be used by anyone, from someone owning a lemonade stand, to a car manufacturing company, to a hair salon, to a burrito stand, etc.
9 видео, 1 материал для самостоятельного изучения
- Reading: Week 5 Overview
- Видео: 2.1. Demonstration: The Production of Tennis Balls
- Видео: 2.2. The Production Process at a Glance
- Видео: 2.3. A Numerical Example: Cooks in the Kitchen
- Видео: 3.1. Fixed, Variable, and Total Costs
- Видео: 3.2. Marginal Costs
- Видео: 3.3. Cost Curves
- Видео: 4.1. Back to Black Dog
- Видео: 4.2. Applications
- Discussion Prompt: Week 5 Discussion Questions
Оцениваемый: Week 5 Quiz
НЕДЕЛЯ 6
Competitive Output
Welcome to your sixth week! This module we continue our discussion of the firm by focusing on those firms working in a perfectly competitive (or competitive) environment.
10 видео, 1 материал для самостоятельного изучения
- Reading: Week 6 Overview
- Видео: 2.1. The Maximizing Profit Assumption
- Видео: 2.2. The Profit Equation
- Видео: 2.3. The Profit Maximizing Rule
- Видео: 3.1. Perfect Competition
- Видео: 4.1. The Short-run Decision
- Видео: 4.2. Long-run Competitive Output
- Видео: 4.3. Using the Long-run Equilibrium Model
- Видео: 4.4. The Long-run Supply Curve
- Видео: 5.1. Conclusion to Competitive Output
- Discussion Prompt: Week 6 Discussion Questions
Оцениваемый: Week 6 Quiz
НЕДЕЛЯ 7
Firms with Market Power
So, why is it that when you fly the person sitting next to you in the plane probably paid a different price for the ticket than what you paid for it? And why does Starbucks charge so much for its coffee even though you can buy coffee at Dunkin’ Donuts for almost half of that price? This module we are finishing our discussion of the firm by focusing on cases that should be more familiar to you than the perfect competition examples we have been using.
10 видео, 1 материал для самостоятельного изучения
- Reading: Week 7 Overview
- Видео: 2.1. Market Structures With Pricing Power
- Видео: 2.2. Sources of Market Power
- Видео: 3.1. When Marginal Revenue is Less than Price
- Видео: 3.2. Marginal Revenue and the Price Elasticity of Demand
- Видео: 4.1. Perfect Price Discrimination
- Видео: 4.2. Imperfect Price Discrimination
- Видео: 4.3. Other Pricing Strategies
- Видео: 5.1. The Social Cost of Market Power
- Видео: 6.1. Pricing with Market Power: Conclusion
- Discussion Prompt: Week 7 Discussion Questions
Оцениваемый: Week 7 Quiz
НЕДЕЛЯ 8
Public Goods, Common Resources, and Externalities
And so we have arrived at the last week. This course has gone too fast! This module we will be discussing market failures. A market failure is a situation when the market does not do a good job of distributing resources among members of society. In fact, in all of these cases the market IS the problem.
13 видео, 1 материал для самостоятельного изучения
- Reading: Week 8 Overview
- Видео: 2.1. How to Classify Goods
- Видео: 2.2. What Type of Good is This?
- Видео: 3.1. The Public Goods Game
- Видео: 3.2. Public Goods
- Видео: 3.3. Solving the Free Rider
- Видео: 4.1. The Tragedy of the Commons
- Видео: 4.2. How to Deal with the Tragedy of the Commons
- Видео: 5.1. Negative Externalities
- Видео: 5.2. Positive Externalities
- Видео: 5.3. Private Solutions
- Видео: 5.4. Governmental Solutions
- Видео: 6.1. Conclusion to Public Goods, Common Resources, and Externalities
- Discussion Prompt: Week 8 Discussion Questions
- Discussion Prompt: Final Reflections
Оцениваемый: Week 8 Quiz
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Авторы
University of Illinois at Urbana-Champaign
The University of Illinois at Urbana-Champaign is a world leader in research, teaching and public engagement, distinguished by the breadth of its programs, broad academic excellence, and internationally renowned faculty and alumni. Illinois serves the world by creating knowledge, preparing students for lives of impact, and finding solutions to critical societal needs.
Рейтинги и отзывы
Fantastic course, taught is a very simplified and at the same generating great interest. Nice examples and the flow in which professor went about imparting the course is a great example of how online course should be adapted. Thank YOU,
GOOD
The contents are both concise and interesting.
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MM
Dr. Vasquez is an extraordinary Professor!