Course Detail
Economics: Principles of Microeconomics
ECON 1450 OL1 (CRN: 61542)
3 Credit Hours
to Online (View Campus Map)
About ECON 1450 OL1
Study of individual economic units with particular emphasis on market interactions among firms and households.
Instructor
Related Programs
Actuarial Exam Preparation Online Program, High School & Pre-College Programs and Pre-Master of Accountancy
Notes
Asynchronous online
More Information
Section Description
EC1450 will provide you with a survey of microeconomics - individuals making decisions under constraints. We will cover the core supply and demand model, explore the demand and supply sides of the market in depth by studying consumer choice and the behavior of the firm under different market structures, and finally examine the role of government policy. The focus of the class is on using basic principles to solve problems and to understand real-world phenomena. There are four main goals: 1. To define and apply foundational economic terms. 2. To solve basic problems relating to supply and demand, consumer theory, and profit maximization (under perfect competition, monopolistic competition, and monopolies) 3. To analyze market dynamics using equations and/or by drawing and manipulating appropriate diagrams. 4. To use economic terms and principles to explain real-world market dynamics A fifth, bonus, goal is for you to come away with an appreciation of how interesting and useful economics can be!
Section Expectation
This is an asynchronous online class that spans just 4 weeks, so the workload will be intensive! For each module, I'll provide a set of video lectures, practice worksheets, and practice videos that you can work through at your own pace. There will be two deadlines per week for online homework assignments, and a test at the end of each week (the final test will serve as your final exam, and it will be cumulative)
Evaluation
Grades are based on weekly homework, a set of reading responses, two exams, and a final exam
Class Times
to
Location
Online (View Campus Map)
Important Dates
Note: These dates may change before registration begins.
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Resources
Other courses you may be interested in…
Section | Title | Instructors | Dates | Days | Times | Credits | CRN |
---|---|---|---|---|---|---|---|
ECON 1400 OL1 | Economics: Principles of Macroeconomics |
| to | N/A | See Notes | 3 | 60005 |
ECON 1400 OL2 | Economics: Principles of Macroeconomics |
| to | N/A | See Notes | 3 | 61541 |
ECON 1450 OL2 | Economics: Principles of Microeconomics |
| to | N/A | See Notes | 3 | 60921 |
ECON 2210 OL1 | Economics: Public Policy |
| to | N/A | See Notes | 3 | 61754 |
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