Informações sobre o curso
4.8
612 ratings
141 reviews
This course offers an introduction to the functions of individual decision-makers—both consumers and producers—within the larger economic system. Emphasis is on the nature and functions of product markets, the theory of the firm under varying conditions of competition and monopoly, and the role of government in promoting efficiency in the economy. 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!...
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cursos 100% online

Comece imediatamente e aprenda em seu próprio cronograma.
Calendar

Prazos flexíveis

Redefinir os prazos de acordo com sua programação.
Beginner Level

Nível iniciante

Clock

Sugerido: Customizable based on your level of interest

Aprox. 24 horas restantes
Comment Dots

English

Legendas: English, Spanish, Chinese (Simplified)

Habilidades que você terá

MicroeconomicsEconomicsEconomic AnalysisPricing
Globe

cursos 100% online

Comece imediatamente e aprenda em seu próprio cronograma.
Calendar

Prazos flexíveis

Redefinir os prazos de acordo com sua programação.
Beginner Level

Nível iniciante

Clock

Sugerido: Customizable based on your level of interest

Aprox. 24 horas restantes
Comment Dots

English

Legendas: English, Spanish, Chinese (Simplified)

Programa - O que você aprenderá com este curso

1

Seção
Clock
2 horas para concluir

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....
Reading
1 vídeo (Total de 3 min), 4 leituras, 1 teste
Reading4 leituras
Syllabus30min
About the Discussion Forums15min
Updating Your Profile15min
Social Media15min
Quiz1 exercício prático
Orientation Quiz10min
Clock
3 horas para concluir

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. ...
Reading
6 vídeos (Total de 52 min), 1 leitura, 1 teste
Video6 videos
2.1. What is Economics?9min
2.2. Opportunity Costs6min
2.3. Net Marginal Benefit Principle8min
2.4. The Invisible Hand Principle9min
2.5. Trade13min
Reading1 leituras
Week 1 Overview15min
Quiz1 exercício prático
Week 1 Quiz30min

2

Seção
Clock
4 horas para concluir

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....
Reading
17 vídeos (Total de 122 min), 1 leitura, 1 teste
Video17 videos
1.2. The Market for Romantic Relationships7min
2.1. The Determinants of Demand4min
2.2. The Demand Function, Schedule, and Curve7min
2.3. Introducing Comparative Statistics: Changes in the Price4min
2.4. A Change in Demand, Part 113min
2.5. A Change in Demand, Part 210min
3.1. The Determinants of Supply4min
3.2. The Supply Equation, Schedule, and Curve7min
3.3. Price of an Input Changes5min
3.4. A Change in Technology4min
4.1. Supply Surplus, Supply Shortage, and Equilibrium Price12min
5.1. Changes in Demand: Price of Related Goods10min
5.2. Changes in Demand: Consumer Preferences4min
5.3. A Change in Supply7min
5.4. Simultaneous Change in Supply and Demand6min
6.1. Demand and Supply Conclusion8min
Reading1 leituras
Week 2 Overview15min
Quiz1 exercício prático
Week 2 Quiz30min

3

Seção
Clock
3 horas para concluir

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?...
Reading
10 vídeos (Total de 67 min), 1 leitura, 1 teste
Video10 videos
2.1. What is Consumer Surplus?8min
2.2. Consumer Surplus and the Demand Curve3min
3.1. What is Producer Surplus?3min
3.2. Producer Surplus and the Supply Curve3min
4.1. Total Surplus: The Graphical Argument for Free Markets9min
5.1. Price Ceilings8min
5.2. Price Floors11min
6.1. Could We Reduce the Shortage of Human Organs?7min
6.2. Application: Playoff Tickets and Scalping Laws3min
Reading1 leituras
Week 3 Overview15min
Quiz1 exercício prático
Week 3 Quiz30min

4

Seção
Clock
3 horas para concluir

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?...
Reading
14 vídeos (Total de 89 min), 1 leitura, 1 teste
Video14 videos
2.1. Definition and Classifying Price Elasticities of Demand10min
2.2. Price Elasticity of Demand and Revenue4min
2.3. Determinants of Price Elasticity of Demand10min
2.4. Price Elasticities of Demand and the Linear Demand Curve5min
3.1. Income Elasticity of Demand5min
3.2. Cross-Price Elasticity of Demand8min
4.1. Definition of Price Elasticity of Supply2min
4.2. Determinants of Price Elasticity of Supply2min
5.1. Introduction to Per-Unit Taxes4min
5.2. The Distributional Effects of Tax13min
5.3. Taxes and Surplus4min
6.1. Should Black Dog Increase the Price of Their Sandwiches?2min
6.2. Other Applications of Price Elasticity8min
Reading1 leituras
Week 4 Overview15min
Quiz1 exercício prático
Week 4 Quiz30min
4.8
Direction Signs

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Briefcase

83%

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Melhores avaliações

por FKJul 16th 2017

Great way to explain economics, especially for students with english as a second language. Thanks for dividing the videos into smaller parts making me able to plan my schedule in great flexibility.

por FDec 4th 2016

Perfect course. Everything is clear. I really like the way the instructor teach something and I should note that the examples he uses are legendary :D For exmple market for romantic relationships.

Instrutores

Dr. José J. Vázquez-Cognet

Clinical Professor
Department of Economics

Sobre University of Illinois at Urbana-Champaign

The University of Illinois at Urbana-Champaign is a world leader in research, teaching and public engagement, distinguished by the breadth of its programs, broad academic excellence, and internationally renowned faculty and alumni. Illinois serves the world by creating knowledge, preparing students for lives of impact, and finding solutions to critical societal needs. ...

Perguntas Frequentes – FAQ

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

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