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Dr. José J. Vázquez-Cognet
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
Read more
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
Read more
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!
Register for this course and see more details by visiting:
OpenCourser.com/course/cire2e/microeconomics
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What's inside
Syllabus
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.
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Syllabus
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.
Read more
Traffic lights
Traffic lights
Read about what's good
what should give you pause and
possible dealbreakers
Comprehensive study of principles of microeconomics
Examines the application of economic principles in various domains, including environment, love, marriage, crime, and sports
Explores the central concepts of economics, such as supply and demand, market efficiency, and elasticity
Imparts analytical skills to address economic questions and broader life issues
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Reviews summary
Microeconomics principles and real-world applications
According to learners, this course provides a strong foundation in microeconomic principles, successfully achieving its goal of showing how economics applies to a wide range of real-world situations beyond just money, including the environment, crime, and relationships. Many students find the instructor engaging and enthusiastic, making complex concepts understandable through clear explanations and relevant examples. While the course structure is logical, some learners found the quizzes and exams quite challenging, requiring a solid grasp of the material. Overall, it's considered a valuable course for gaining a new perspective on decision-making and resource allocation.
Covers fundamental microeconomic topics.
"Covers all the essential microeconomics topics needed for an introductory course."
"Good overview of supply, demand, elasticity, markets, and externalities."
"The syllabus flows well, building up concepts week by week."
"It provides a solid foundation if you're new to microeconomics."
Complex topics explained clearly.
"The explanations of supply and demand and elasticity were very clear and easy to grasp."
"I finally understood market failures thanks to the way it was explained here."
"Breakdown of production costs and competitive markets was easy to follow."
"Complex ideas were presented simply without losing depth."
Concepts tied to practical examples.
"Loved how they brought in examples about crime, environment, and even marriage. Made it very relevant."
"Using real-world scenarios like drug legalization and ticket pricing really solidified my understanding."
"The course successfully showed me that economics is indeed everywhere."
"I appreciate the diverse examples used, it helped me see the concepts outside traditional business contexts."
Professor's teaching style is engaging.
"The professor is very enthusiastic about the subject, which made the lectures engaging."
"I found the instructor's energy and clear way of explaining things really helped me stay focused."
"Great professor, makes potentially dry topics interesting and easy to follow."
"His passion for economics is evident and truly infectious."
Quizzes and exams require deep understanding.
"The quizzes were trickier than I expected, really had to think about the application."
"Found the exams quite challenging, had to go back and review material multiple times."
"Some questions on the tests seemed designed to test nuances that weren't explicitly covered in depth."
"Be prepared for quizzes that make you apply, not just recall, concepts."
Activities
Be better prepared
before
your course. Deepen your understanding
during
and
after
it. Supplement your coursework and achieve mastery of the topics covered
in Microeconomics Principles with these
activities:
Review: The Armchair Economist
Show steps
This book provides a clear and engaging introduction to microeconomic principles, making it an excellent resource for reinforcing your understanding of the course material.
View
The People Paradox
on Amazon
Show steps
-
Read the book
-
Take notes on the key concepts
-
Complete the discussion questions at the end of each chapter
Organize Your Notes
Show steps
Organizing your notes will help you better retain the information you learn and make it easier to study for exams.
Browse courses on
Microeconomics
Show steps
-
Create a file or folder for your notes
-
Organize your notes by topic
-
Highlight key concepts
Khan Academy Microeconomics
Show steps
The Khan Academy offers a comprehensive set of microeconomics tutorials that can supplement your learning.
Browse courses on
Microeconomics
Show steps
-
Create an account on Khan Academy
-
Enroll in the Microeconomics course
-
Complete the video tutorials and practice exercises
Five other activities
Expand to see all activities and additional details
Show all eight activities
Connect with an Economics Professor
Show steps
Connecting with an economics professor can provide you with additional support and guidance throughout the course.
Browse courses on
Microeconomics
Show steps
-
Attend office hours
-
Ask questions during class
-
Set up a meeting to discuss your progress
Economics Explained Video
Show steps
Creating a video that explains a microeconomic concept will help you solidify your understanding and improve your communication skills.
Browse courses on
Microeconomics
Show steps
-
Choose a topic
-
Write a script
-
Record and edit your video
-
Share your video online
Microeconomics Practice Problems
Show steps
Solving practice problems will help you improve your problem-solving skills and reinforce your understanding of the course material.
Browse courses on
Microeconomics
Show steps
-
Find a set of practice problems
-
Attempt to solve the problems
-
Check your answers and learn from your mistakes
Attend an Economics Workshop
Show steps
Attending an economics workshop can provide you with exposure to cutting-edge research and new perspectives on the field.
Browse courses on
Microeconomics
Show steps
-
Find an economics workshop that interests you
-
Register for the workshop
-
Attend the workshop and participate in the discussions
Tutor a Classmate
Show steps
Tutoring a classmate will help you reinforce your understanding of the material while also helping others learn.
Browse courses on
Microeconomics
Show steps
-
Find a classmate who needs help with the course material
-
Set up regular tutoring sessions
-
Review the material with your classmate and answer their questions
Review: The Armchair Economist
Show steps
This book provides a clear and engaging introduction to microeconomic principles, making it an excellent resource for reinforcing your understanding of the course material.
View
The People Paradox
on Amazon
Show steps
Show steps
Show steps
- Read the book
- Take notes on the key concepts
- Complete the discussion questions at the end of each chapter
Organize Your Notes
Show steps
Organizing your notes will help you better retain the information you learn and make it easier to study for exams.
Browse courses on
Microeconomics
Show steps
Show steps
Show steps
- Create a file or folder for your notes
- Organize your notes by topic
- Highlight key concepts
Khan Academy Microeconomics
Show steps
The Khan Academy offers a comprehensive set of microeconomics tutorials that can supplement your learning.
Browse courses on
Microeconomics
Show steps
Show steps
Show steps
- Create an account on Khan Academy
- Enroll in the Microeconomics course
- Complete the video tutorials and practice exercises
Five other activities
Expand to see all activities and additional details
Show all eight activities
Connect with an Economics Professor
Show steps
Connecting with an economics professor can provide you with additional support and guidance throughout the course.
Browse courses on
Microeconomics
Show steps
Show steps
Show steps
- Attend office hours
- Ask questions during class
- Set up a meeting to discuss your progress
Economics Explained Video
Show steps
Creating a video that explains a microeconomic concept will help you solidify your understanding and improve your communication skills.
Browse courses on
Microeconomics
Show steps
Show steps
Show steps
- Choose a topic
- Write a script
- Record and edit your video
- Share your video online
Microeconomics Practice Problems
Show steps
Solving practice problems will help you improve your problem-solving skills and reinforce your understanding of the course material.
Browse courses on
Microeconomics
Show steps
Show steps
Show steps
- Find a set of practice problems
- Attempt to solve the problems
- Check your answers and learn from your mistakes
Attend an Economics Workshop
Show steps
Attending an economics workshop can provide you with exposure to cutting-edge research and new perspectives on the field.
Browse courses on
Microeconomics
Show steps
Show steps
Show steps
- Find an economics workshop that interests you
- Register for the workshop
- Attend the workshop and participate in the discussions
Tutor a Classmate
Show steps
Tutoring a classmate will help you reinforce your understanding of the material while also helping others learn.
Browse courses on
Microeconomics
Show steps
Show steps
Show steps
- Find a classmate who needs help with the course material
- Set up regular tutoring sessions
- Review the material with your classmate and answer their questions
Career center
Learners who complete Microeconomics Principles will develop knowledge and skills
that may be useful to these careers:
Economist
Economist
Economists use economic theory and data to analyze a wide range of economic issues, including inflation, unemployment, and the impact of government policies. This course would provide you with a strong foundation in economic principles, which would be useful for a career in economics. The course would also help you develop analytical and problem-solving skills that are essential for success in this field.
Financial Analyst
Financial Analyst
Financial analysts provide investment advice to individuals and institutions. This course would help you develop the analytical skills necessary to evaluate companies and make investment decisions. The course would also provide you with a strong understanding of the financial markets, which is essential for success in this field.
Market Research Analyst
Market Research Analyst
Market research analysts collect and analyze data to understand consumer behavior and market trends. This course would provide you with the skills necessary to design and conduct market research studies. The course would also help you develop the analytical skills necessary to interpret and communicate research findings, which are essential for success in this field.
Business Analyst
Business Analyst
Business analysts use data to analyze business processes and identify areas for improvement. This course would provide you with the skills necessary to collect and analyze data, and to develop and implement recommendations for improvement. The course would also help you develop the communication skills necessary to effectively communicate your findings to stakeholders, which are essential for success in this field.
Consultant
Consultant
Consultants provide advice to businesses and organizations on a wide range of issues, including strategy, operations, and marketing. This course would provide you with a strong foundation in economic principles, which would be useful for a career in consulting. The course would also help you develop the analytical and problem-solving skills that are essential for success in this field.
Policy Analyst
Policy Analyst
Policy analysts develop and analyze policies for governments and other organizations. This course would provide you with a strong understanding of economic principles, which would be useful for a career in policy analysis. The course would also help you develop the analytical and communication skills that are essential for success in this field.
Journalist
Journalist
Journalists write and report on news and current events. This course would provide you with a strong understanding of economic principles, which would be useful for a career in journalism. The course would also help you develop the research and writing skills that are essential for success in this field.
Teacher
Teacher
Teachers educate students at all levels, from kindergarten through college. This course would provide you with a strong foundation in economic principles, which would be useful for a career in teaching. The course would also help you develop the communication and interpersonal skills that are essential for success in this field.
Lawyer
Lawyer
Lawyers represent clients in court and provide legal advice. This course would provide you with a strong understanding of economic principles, which would be useful for a career in law. The course would also help you develop the analytical and communication skills that are essential for success in this field.
Doctor
Doctor
Doctors diagnose and treat illnesses and diseases. This course would provide you with a strong understanding of economic principles, which would be useful for a career in medicine. The course would also help you develop the analytical and problem-solving skills that are essential for success in this field.
Engineer
Engineer
Engineers design and build structures, machines, and systems. This course would provide you with a strong understanding of economic principles, which would be useful for a career in engineering. The course would also help you develop the analytical and problem-solving skills that are essential for success in this field.
Scientist
Scientist
Scientists conduct research to understand the natural world. This course would provide you with a strong understanding of economic principles, which would be useful for a career in science. The course would also help you develop the analytical and problem-solving skills that are essential for success in this field.
For more career information including salaries, visit:
OpenCourser.com/course/cire2e/microeconomics
Featured in The Course Notes
This course is mentioned in our blog,
The Course Notes. Read
one article that features
Microeconomics Principles:
To read more articles from OpenCourser, visit:
OpenCourser.com/notes
Reading list
We've selected seven books
that we think will supplement your
learning. Use these to
develop background knowledge, enrich your coursework, and gain a
deeper understanding of the topics covered in
Microeconomics Principles.
Save
Standard textbook for microeconomics courses. It provides a comprehensive overview of the subject, covering topics such as supply and demand, market equilibrium, consumer behavior, and firm behavior.
Is another popular textbook for microeconomics courses. It is written in a clear and concise style, and it provides a good balance of theory and applications.
Provides a survey of the microeconomic foundations of economic growth. It good choice for students who want to learn how to use microeconomic principles to analyze economic growth issues.
More advanced textbook for microeconomics courses. It provides a rigorous treatment of the subject, and it good choice for students who want to learn more about the mathematical foundations of microeconomics.
Save
Provides a modern approach to microeconomics. It good choice for students who want to learn about the latest developments in microeconomic theory.
Provides a non-technical introduction to microeconomics. It good choice for students who want to learn about the basics of microeconomics without getting bogged down in the details.
Save
Provides a very short introduction to microeconomics. It good choice for students who want to learn the basics of microeconomics in a short amount of time.
For more information about how these books relate to this course, visit:
OpenCourser.com/course/cire2e/microeconomics
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Effort
Approx. 8 hours
Level
Introductory
Via
Coursera
Institution
University of Illinois at Urbana-Champaign
Instructor
Dr. José J. Vázquez-Cognet
Language
English
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Featured in The Course Notes
Read
one article that features
this course,
Microeconomics Principles
from our blog, The Course Notes:
To read more articles from OpenCourser, visit:
OpenCourser.com/notes
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