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Principles of Economics with Calculus

This course provides a quantitative and model-based introduction to basic economic principles, and teaches how to apply them to make sense of a wide range of real world problems. Examples of applications include predicting the impact of technological changes in market prices, calculating the optimal gasoline tax, and measuring the value of new products. This is a real Caltech class. It will be taught concurrently to Caltech and on-line students. This has two implications. On the costs side: the class is challenging, makes extensive use of calculus, and will demand significant effort. On the benefit side: successful completion of the class will provide you with an in-depth understanding of basic economics, and will permanently change the way you see the world.
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Rating 4.0 based on 5 ratings
Length 10 weeks
Effort 6 - 9 hours per week
Starts Jan 8 (11 weeks ago)
Cost $49
From Caltech, CaltechX via edX
Instructors Antonio Rangel, Liam Clegg, Marcelo Fernandez
Download Videos On all desktop and mobile devices
Language English
Subjects Business
Tags Business & Management Economics & Finance

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What people are saying

We analyzed reviews for this course to surface learners' thoughts about it

seconding another reviewer in one review

Seconding another reviewer, this class was one of the tougher online ones I've taken, but it is fairly short (9 weeks), and it has been manageable so far with my previous introduction to microeconomics and my very basic knowledge of taking derivatives and finding integrals.

actually rather frustrating in one review

I am taking this course to supplement my other course in microeconomics because I found the approximations and lack of math to be actually rather frustrating and confusing.

away from diving in one review

The lecture material covers the typical first-year microeconomics topics, but Rangel does not shy away from diving into the nitty-gritty calculations and reasoning.

beginner like myself in one review

For a beginner like myself, the lectures have often felt rushed, and I definitely have to follow along in the lecture notes and stop to make frequent annotations and work out mathematical expressions that are sped through, but the experience has been rewarding.

commonly used economic in one review

Rangel uses a calculus approach that provides simple derivations of commonly used economic concepts.

given policies will in one review

This class helped make economics more interesting by giving me a solid understanding for the underlying math, and I feel much more confident in making predictions of how given policies will affect the market.

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Senior New Product Introduction Buyer Dish Category $68k

Senior Production Manager, New Products Introduction $90k

New Product Introduction Engineer Consultant $109k

Service New Product Introduction Engineer $111k

Material Program Manager - New Product Introduction $119k

Manager, Product Introduction $128k

Quality Engineering Leader, New Product Introduction Lead $134k

NPI (New Product Introduction) Sourcing Manager $139k

Senior New Product Introduction (NPI) Production Planner $152k

New Product Introduction Engineer (NPI) $152k

Industrial Engineering Leader & New Product Introduction $157k

New Product Introduction Materials Program Manager $172k

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edX

&

Caltech

Rating 4.0 based on 5 ratings
Length 10 weeks
Effort 6 - 9 hours per week
Starts Jan 8 (11 weeks ago)
Cost $49
From Caltech, CaltechX via edX
Instructors Antonio Rangel, Liam Clegg, Marcelo Fernandez
Download Videos On all desktop and mobile devices
Language English
Subjects Business
Tags Business & Management Economics & Finance

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