Rice University - Principles of Economics: Introduction - Getting to Know You
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Principles of Economics: Introduction - Getting to Know You at Coursera Overview
Duration | 19 hours |
Total fee | Free |
Mode of learning | Online |
Official Website | Explore Free Course  |
Credential | Certificate |
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Principles of Economics: Introduction - Getting to Know You at Coursera Highlights
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Principles of Economics: Introduction - Getting to Know You at Coursera Course details
- Economics and economic theory is fundamental to decision making in business, policy, and everyday life. If you're interested in a career in business, law, accounting, or investment then studying economics is a great foundation of knowledge.
- In this first course of a three course Specialization adapted from my ECON 100 course taught at Rice University, we'll cover the introduction to the basic concepts of microeconomics and macroeconomics. Microeconomics component includes analysis of supply and demand, consumer and producer behavior, and competitive and noncompetitive market equilibria, with applications to current policy issues. Macroeconomics component provides an overview of the determination of national output, employment, interest rates, and inflation, and analyzes monetary fiscal policies and international trade. More specifically here's some things you should be able to do by the end of the course:
- 1. Identify how Opportunity Costs affect economic decisions.
- 2. Discover the basics of the study of economics
- 3. Compare the long and short of economic theory
- 4. Link trade and national production
- 5. Discuss what tradeoffs nations face in production
- 6. Determine how market supply relates to prices
- 7. Compare the relationships between the price elasticity of demand and revenue
- 8. Discover how taxes affect supply and demand
Principles of Economics: Introduction - Getting to Know You at Coursera Curriculum
Welcome to the Course!
Meet the Professor
Welcome to the Course
Discussion Forum Philosophy
Course Book
Course Information and Keys to Success
Discussion Forum Guidelines
Accessibility and Accommodations Statement
Introduce Yourself
Module 1 - Start From the Start
What is Economics?
Microeconomics
Marginal Analysis: A Consumer’s Choice
Tradeoffs in National Production
International Trade
Macroeconomics
Problem Set Solution - Production Possibility Frontier
Problem Set Solution - Marginal Analysis
Problem Set Solution - Marginal Analysis Equation Form
Problem Set Solution - Comparative Advantage and Trade
About Problem Sets
Quiz 1.6
Quiz 1.1
Quiz 1.2
Quiz 1.3
Quiz 1.4
Quiz 1.5
Production Possibility Frontier Problems
Marginal Analysis
Marginal Analysis Equation Form
Comparative Advantage and Trade
The Winners and Losers of Trade
Module 2 - Markets, Like Where the Piggy's go
Markets
Market Demand
Problem Set Solution - Market Demand
Market Supply
Market Equilibrium
Market Demand Solution
Problem Set Solution - Market Supply
Problem Set Solution - Market Supply and Demand Pt. 1
Problem Set Solution - Market Supply and Demand Pt. 2
Problem Set Solution - Market Supply and Demand Pt. 3
Problem Set Solution - Market Supply and Demand Pt. 4
Problem Set Solution - Market Supply & Demand Pt. 5
Quiz 2.1
Quiz 2.2
Quiz 2.3
Quiz 2.4
Market Demand
Market Supply
Market Supply and Demand Pt.1
Market Supply and Demand Pt.2
Market Supply and Demand Pt.3
Market Supply and Demand Pt.4
Market Supply and Demand Pt.5
Dealing with the Inferior
Module 3 - Elasticity
Elasticity
Calculating the PED
The PED and Revenue
Income/Cross-Price Elasticity of Demand
Price Elasticity of Supply
Problem Set Solution - Elasticity
Problem Set Solution - Elasticity and Revenue
Problem Set Solution - Income Elasticity
Problem Set Solution - Cross Price Elasticity
Practice Quiz 1
Practice Quiz 2
Practice Quiz 3
Practice Quiz 4
Practice Quiz 5
Elasticity
Elasticity and Revenue
Income Elasticity
Cross Price Elasticity
The Lux Life
Module 4 - Market and Government Policy
Markets and Government Policy
Price Floor
Taxes
Problem Set Solution - Price Ceiling
Problem Set Solution - Price Floor
Problem Set Solution - Tax on the Goods Market
Problem Set Solution - Tax on the Labor Market
Practice Quiz 1
Practice Quiz 2
Practice Quiz 3
Price Ceiling
Price Floor
Tax on the Goods Market
Tax on the Labor Market
Your Thoughts on Labor Policy
Module 5 - The Welfare of Markets
The Welfare of Markets
Total Surplus
Taxes and Welfare
Trade and Welfare
Arguments for Trade
Problem Set Solution - Consumer Surplus and Prices
Problem Set Solution - Producer Surplus and Prices
Problem Set Solution - Dead Weight Loss of Taxation
Problem Set Solution - Dead Weight Loss of a Tariff
Practice Quiz 5.1
Practice Quiz 5.2
Practice Quiz 5.3
Practice Quiz 5.4
Consumer Surplus and Prices
Producer Surplus and Prices
Dead Weight Loss of Taxation
Dead Weight Loss of a Tariff
Taxes and the Efficiencies of Markets
Module 6 - Externalities and Types of Goods
Externalities and Types of Goods
Public Policy
Positive Externalities: Subsidies
Characteristics of Goods
Public Goods
Problem Set Solution - Negative Externality
Problem Set Solution - Positive Externality
Problem Set Solution - Types of Goods
Thinking Like an Economist
Congratulations!
Final Exam
Quiz 6.1
Quiz 6.2
Quiz 6.3
Quiz 6.4
Negative Externality
Positive Externality
Types of Goods
Getting Critical
Discussion Revisited
Climate Change - An Economic Perspective
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