À propos de ce cours

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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!

100 % en ligne

Commencez dès maintenant et apprenez aux horaires qui vous conviennent.

Dates limites flexibles

Réinitialisez les dates limites selon votre disponibilité.

Niveau débutant

Approx. 23 heures pour terminer

Recommandé : Customizable based on your level of interest...

Anglais

Sous-titres : Anglais, Espagnol, Chinois (simplifié)

Compétences que vous acquerrez

MicroeconomicsEconomic AnalysisEconomicsPricingCritical Thinking

100 % en ligne

Commencez dès maintenant et apprenez aux horaires qui vous conviennent.

Dates limites flexibles

Réinitialisez les dates limites selon votre disponibilité.

Niveau débutant

Approx. 23 heures pour terminer

Recommandé : Customizable based on your level of interest...

Anglais

Sous-titres : Anglais, Espagnol, Chinois (simplifié)

Programme du cours : ce que vous apprendrez dans ce cours

Semaine

1

2 heures pour terminer

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.

1 vidéo (Total 3 min), 4 lectures, 1 quiz

1 vidéo

Microeconomic Principles at a Glance2 min

4 lectures

Syllabus30 min

About the Discussion Forums15 min

Updating Your Profile15 min

Social Media15 min

1 exercice pour s'entraîner

Orientation Quiz10 min

3 heures pour terminer

Introduction and Basic Principles

Welcome to your first week in Microeconomics Principles! As you will quickly see, the things you learn in this class will probably help you see the world in a different way. Economics is not just about money, as you may have incorrectly assumed. On the contrary, as you will learn in this lesson, economics is about how society distributes scarce resources. And, since almost anything in the world is a scarce resource, from fossil fuels to nice guys, we can apply the rules of economics to pretty much anything.

6 vidéos (Total 52 min), 1 lecture, 1 quiz

6 vidéos

1.1. Welcome to Principles of Microeconomics5 min

2.1. What is Economics?9 min

2.2. Opportunity Costs6 min

2.3. Net Marginal Benefit Principle8 min

2.4. The Invisible Hand Principle9 min

2.5. Trade13 min

1 lecture

Week 1 Overview15 min

1 exercice pour s'entraîner

Week 1 Quiz30 min

Semaine

2

4 heures pour terminer

Supply and Demand

Welcome to your second week in Microeconomics Principles! This module we will cover the hallmark framework of the field: the supply and demand model. I am sure that if you knew any economics words before enrolling in this course those two words were supply and demand. This module you will finally learn what all the fuss is about.

17 vidéos (Total 122 min), 1 lecture, 1 quiz

17 vidéos

1.1. What is a Market?1 min

1.2. The Market for Romantic Relationships7 min

2.1. The Determinants of Demand4 min

2.2. The Demand Function, Schedule, and Curve7 min

2.3. Introducing Comparative Statistics: Changes in the Price4 min

2.4. A Change in Demand, Part 113 min

2.5. A Change in Demand, Part 210 min

3.1. The Determinants of Supply4 min

3.2. The Supply Equation, Schedule, and Curve7 min

3.3. Price of an Input Changes5 min

3.4. A Change in Technology4 min

4.1. Supply Surplus, Supply Shortage, and Equilibrium Price12 min

5.1. Changes in Demand: Price of Related Goods10 min

5.2. Changes in Demand: Consumer Preferences4 min

5.3. A Change in Supply7 min

5.4. Simultaneous Change in Supply and Demand6 min

6.1. Demand and Supply Conclusion8 min

1 lecture

Week 2 Overview15 min

1 exercice pour s'entraîner

Week 2 Quiz30 min

Semaine

3

3 heures pour terminer

Market Efficiency and Government Policies

Welcome to Week 3! Last module we introduced the supply and demand model to explain how free markets work. One of the main concepts we learned about free markets was that they tend to gravitate toward an “equilibrium” price and quantity. This module we will use the same conceptual model to answer one important question: Are free markets the best way to distribute society’s resources?

10 vidéos (Total 67 min), 1 lecture, 1 quiz

10 vidéos

1.1. Do We Need Silly Products?8 min

2.1. What is Consumer Surplus?8 min

2.2. Consumer Surplus and the Demand Curve3 min

3.1. What is Producer Surplus?3 min

3.2. Producer Surplus and the Supply Curve3 min

4.1. Total Surplus: The Graphical Argument for Free Markets9 min

5.1. Price Ceilings8 min

5.2. Price Floors11 min

6.1. Could We Reduce the Shortage of Human Organs?7 min

6.2. Application: Playoff Tickets and Scalping Laws3 min

1 lecture

Week 3 Overview15 min

1 exercice pour s'entraîner

Week 3 Quiz30 min

Semaine

4

3 heures pour terminer

Elasticities

Welcome to the fourth week! This module we will cover one of my favorite economics concepts: elasticity. It is one of my favorites because of how useful it is to analyze policy implications, as well as its usefulness for business managers. This will be obvious to you when you read one of the discussion topics for this module: Should we legalize marijuana?

14 vidéos (Total 89 min), 1 lecture, 1 quiz

14 vidéos

1.1. Introduction to Elasticity4 min

2.1. Definition and Classifying Price Elasticities of Demand10 min

2.2. Price Elasticity of Demand and Revenue4 min

2.3. Determinants of Price Elasticity of Demand10 min

2.4. Price Elasticities of Demand and the Linear Demand Curve5 min

3.1. Income Elasticity of Demand5 min

3.2. Cross-Price Elasticity of Demand8 min

4.1. Definition of Price Elasticity of Supply2 min

4.2. Determinants of Price Elasticity of Supply2 min

5.1. Introduction to Per-Unit Taxes4 min

5.2. The Distributional Effects of Tax13 min

5.3. Taxes and Surplus4 min

6.1. Should Black Dog Increase the Price of Their Sandwiches?2 min

6.2. Other Applications of Price Elasticity8 min

1 lecture

Week 4 Overview15 min

1 exercice pour s'entraîner

Week 4 Quiz30 min

Semaine

5

3 heures pour terminer

Production and Costs

Welcome to your fifth week! This module we will begin covering the theory of the firm, which will take us basically three modules to finish. Economists call this section of the course, "The Economics of the Lemonade Stand." And that title makes perfect sense, since the concepts we cover can be used by anyone, from someone owning a lemonade stand, to a car manufacturing company, to a hair salon, to a burrito stand, etc.

9 vidéos (Total 64 min), 1 lecture, 1 quiz

9 vidéos

1.1. Introduction to Production4 min

2.1. Demonstration: The Production of Tennis Balls7 min

2.2. The Production Process at a Glance8 min

2.3. A Numerical Example: Cooks in the Kitchen7 min

3.1. Fixed, Variable, and Total Costs6 min

3.2. Marginal Costs5 min

3.3. Cost Curves9 min

4.1. Back to Black Dog4 min

4.2. Applications9 min

1 lecture

Week 5 Overview15 min

1 exercice pour s'entraîner

Week 5 Quiz30 min

Semaine

6

3 heures pour terminer

Competitive Output

Welcome to your sixth week! This module we continue our discussion of the firm by focusing on those firms working in a perfectly competitive (or competitive) environment.

10 vidéos (Total 75 min), 1 lecture, 1 quiz

10 vidéos

1.1. Introduction to Competitive Output2 min

2.1. The Maximizing Profit Assumption3 min

2.2. The Profit Equation7 min

2.3. The Profit Maximizing Rule10 min

3.1. Perfect Competition6 min

4.1. The Short-run Decision8 min

4.2. Long-run Competitive Output11 min

4.3. Using the Long-run Equilibrium Model10 min

4.4. The Long-run Supply Curve11 min

5.1. Conclusion to Competitive Output3 min

1 lecture

Week 6 Overview15 min

1 exercice pour s'entraîner

Week 6 Quiz30 min

Semaine

7

3 heures pour terminer

Firms with Market Power

So, why is it that when you fly the person sitting next to you in the plane probably paid a different price for the ticket than what you paid for it? And why does Starbucks charge so much for its coffee even though you can buy coffee at Dunkin’ Donuts for almost half of that price? This module we are finishing our discussion of the firm by focusing on cases that should be more familiar to you than the perfect competition examples we have been using.

10 vidéos (Total 79 min), 1 lecture, 1 quiz

10 vidéos

1.1. Pricing with Market Power: An Introduction3 min

2.1. Market Structures With Pricing Power7 min

2.2. Sources of Market Power12 min

3.1. When Marginal Revenue is Less than Price9 min

3.2. Marginal Revenue and the Price Elasticity of Demand6 min

4.1. Perfect Price Discrimination9 min

4.2. Imperfect Price Discrimination10 min

4.3. Other Pricing Strategies8 min

5.1. The Social Cost of Market Power7 min

6.1. Pricing with Market Power: Conclusion4 min

1 lecture

Week 7 Overview15 min

1 exercice pour s'entraîner

Week 7 Quiz30 min

Semaine

8

4 heures pour terminer

Public Goods, Common Resources, and Externalities

And so we have arrived at the last week. This course has gone too fast! This module we will be discussing market failures. A market failure is a situation when the market does not do a good job of distributing resources among members of society. In fact, in all of these cases the market IS the problem.

13 vidéos (Total 96 min), 1 lecture, 1 quiz

13 vidéos

1.1. Introduction to Public Goods, Common Resources, and Externalities3 min

2.1. How to Classify Goods10 min

2.2. What Type of Good is This?5 min

3.1. The Public Goods Game13 min

3.2. Public Goods4 min

3.3. Solving the Free Rider8 min

4.1. The Tragedy of the Commons8 min

4.2. How to Deal with the Tragedy of the Commons4 min

5.1. Negative Externalities10 min

5.2. Positive Externalities5 min

5.3. Private Solutions8 min

5.4. Governmental Solutions10 min

6.1. Conclusion to Public Goods, Common Resources, and Externalities4 min

1 lecture

Week 8 Overview15 min

1 exercice pour s'entraîner

Week 8 Quiz30 min

Enseignant

Dr. José J. Vázquez-Cognet

Clinical Professor

Department of Economics

Foire Aux Questions

Quand aurai-je accès aux vidéos de cours et aux devoirs ?
Une fois que vous êtes inscrit(e) pour un Certificat, vous pouvez accéder à toutes les vidéos de cours, et à tous les quiz et exercices de programmation (le cas échéant). Vous pouvez soumettre des devoirs à examiner par vos pairs et en examiner vous-même uniquement après le début de votre session. Si vous préférez explorer le cours sans l'acheter, vous ne serez peut-être pas en mesure d'accéder à certains devoirs.
À quoi ai-je droit si j'achète le Certificat ?
Lorsque vous achetez un Certificat, vous bénéficiez d'un accès à tout le contenu du cours, y compris les devoirs notés. Lorsque vous avez terminé et réussi le cours, votre Certificat électronique est ajouté à votre page Accomplissements. À partir de cette page, vous pouvez imprimer votre Certificat ou l'ajouter à votre profil LinkedIn. Si vous souhaitez seulement lire et visualiser le contenu du cours, vous pouvez accéder gratuitement au cours en tant qu'auditeur libre.
Quelle est la politique de remboursement ?
Une aide financière est-elle possible ?

D'autres questions ? Visitez le Centre d'Aide pour les Etudiants.

Principes de la microéconomie

100 % en ligne

Dates limites flexibles

Niveau débutant

Approx. 23 heures pour terminer

Anglais

Compétences que vous acquerrez

100 % en ligne

Dates limites flexibles

Niveau débutant

Approx. 23 heures pour terminer

Anglais

Programme du cours : ce que vous apprendrez dans ce cours

Course Orientation

Introduction and Basic Principles

Supply and Demand

Market Efficiency and Government Policies

Elasticities

Production and Costs

Competitive Output

Firms with Market Power

Public Goods, Common Resources, and Externalities

29%

45%

33%

Meilleurs avis pour Principes de la microéconomie

Enseignant

Dr. José J. Vázquez-Cognet

À propos de Université de l'Illinois à Urbana-Champaign

Foire Aux Questions