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.
What you'll learn
- Understand, apply, and analyze calculus-based economic models
- Translate economic principles to the investigation of a wide range of real world problems
- Elaborate on an in-depth understanding of basic economics and its applications
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Rating | 4.1★ based on 6 ratings |
---|---|
Length | 10 weeks |
Effort | 10 weeks, 8–12 hours per week |
Starts | On Demand (Start anytime) |
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
given policies will affect
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.
provided an in-depth explanation
This courses provided an in-depth explanation of the why of economics that I hadn't seen earlier.
shy away from diving
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.
some people were complaining
Some people were complaining on the forum that there is too much math etc but that's just economics.
explained concepts without providing
Although I had taken courses in undergrad, they only explained concepts without providing a concrete reason why.
seconding another reviewer
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
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.
beginner like myself
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.
case then brush
Beautiful introduction to economics, the math involved can be at times challenging if your math is rusty..if that's the case then brush up on calculus on khan or some other place.
interesting by giving
manageable so far
often felt rushed
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Rating | 4.1★ based on 6 ratings |
---|---|
Length | 10 weeks |
Effort | 10 weeks, 8–12 hours per week |
Starts | On Demand (Start anytime) |
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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