Microeconomics A Comprehensive Economics Course
What you’ll learn
A love of Economics that I hope is contagious!
This Course is an Ideal Companion to any Introductory Economics Class in the World
A thorough understanding of the main principles of Microeconomics
A thorough understanding of Demand, Supply and Market Equilibrium
A thorough understanding of Elasticities and their importance to Producers and Governments
A thorough understanding of Government Intervention – Indirect Taxes, Per-Unit Subsidies, and Price Controls
A thorough understanding of Market Failure – Goods that have negative or positive impacts on third parties
A better understanding of Global Politics – as Economics is the backbone of all political thought
Requirements
No requirements–Just a curious mind and an interest in the world around you!
Description
This Microeconomics course is ideal for anyone interested in gaining a further understanding of the world you! Economics is the study of human behavior and how we act in an economic setting, but more than that it provides us with a better understanding of global politics and the tensions between nations today.Complete with over 80+ video lessons and downloadable notes, the course covers:Introduction to EconomicsDemand and SupplyMarket EquilibriumElasticitiesGovernment InterventionMarket FailureAnd a love of Economics that I hope is contagious!I teach Economics because it fascinates me. Because it is the study of human behavior. Economics isn’t about data and graphs and problem sets. It is the study of people and their story and their history and the forces of society that we are born into. It provides us with an understanding of ourselves. It is not hyperbole to say that a thorough understanding of economics enables us to better understand the human condition. I truly believe that.As a former Peace Corps Volunteer, a graduate of Duke University, and someone who has been fortunate enough to have traveled to over 55 countries around world, you will see how those experiences shape my teachings of Economics. Economics is the study of human behavior; and it is as a result of that behavior that economists have something to put into data charts and diagrams to study. Don’t ever forget that!I am looking forward to being a part of your studies if Microeconomics!
Overview
Section 1: Welcome to Microeconomics! Introduction and Overview of Course
Lecture 1 Welcome to Microeconomics! Introduction and Overview of Course
Section 2: Unit 1: Foundations of Economics
Lecture 2 Lesson 1: Introduction to the Foundations of Economics
Lecture 3 Lesson 2: Scarcity, Choice, Opportunity Cost, and Utility
Lecture 4 Lesson 3: The Basic Economic Problem
Lecture 5 Lesson 4: The Factors of Production
Lecture 6 Lesson 5: Production Possibility Curve
Lecture 7 Lesson 6: Microeconomics and Macroeconomics
Lecture 8 Lesson 7: Positive and Normative Economics
Lecture 9 Lesson 8: Rational Economic Thinking
Lecture 10 Lesson 9: Model Building
Lecture 11 Study Break!
Lecture 12 Lesson 10: The Circular Flow of Income Model
Lecture 13 Lesson 11: Free Market vs Planned Economies
Lecture 14 Lesson 12: Economic Growth vs Economic Development
Section 3: Unit 2: Demand, Supply, and Market Equilibrium
Lecture 15 Lesson 1: Introduction to Demand, Supply, and Market Equilibrium
Lecture 16 Lesson 2: The Law of Demand
Lecture 17 Lesson 3: The Determinants of Demand
Lecture 18 Lesson 4: The Law of Supply
Lecture 19 Lesson 5: The Determinants of Supply
Lecture 20 Lesson 6: The Rule of 11: The Basic Demand and Supply Diagram
Lecture 21 Study Break!
Lecture 22 Lesson 7: Market Equilibrium
Lecture 23 Lesson 8: The Effects of Shifts of Demand and Supply
Lecture 24 Lesson 9: The Role of Price Mechanism
Lecture 25 Lesson 10: Market and Allocative Efficiency
Lecture 26 Lesson 11: Closing Remarks on Demand, Supply, and Market Equilibrium
Section 4: Unit 3: Elasticities
Lecture 27 Lesson 1: Elasticities: Introduction and Overview
Lecture 28 Lesson 2: Price Elasticity of Demand (PED)
Lecture 29 Lesson 3: Price Elasticity of Demand: Applications
Lecture 30 Lesson 4: Price Elasticity of Demand: The Diagram
Lecture 31 Lesson 5: Price Elasticity of Demand: Determinants
Lecture 32 Lesson 6: Cross Elasticity of Demand (XED)
Lecture 33 Lesson 7: Income Elasticity of Demand (YED)
Lecture 34 Lesson 8: Price Elasticity of Supply (PES)
Lecture 35 Study Break!
Lecture 36 Lesson 9: Price Elasticity of Supply: Applications
Lecture 37 Lesson 10: Price Elasticity of Supply: Determinants
Lecture 38 Lesson 11: Closing Remarks on Elasticity
Section 5: Unit 4: Government Intervention
Lecture 39 Lesson 1: Introduction to Government Intervention
Lecture 40 Lesson 2: Indirect Taxes
Lecture 41 Lesson 3: Indirect Tax Diagram
Lecture 42 Lesson 4: Per-Unit Subsidies
Lecture 43 Lesson 5: Per-Unit Subsidy Diagram
Lecture 44 Study Break!
Lecture 45 Lesson 6: Price Controls: Introduction
Lecture 46 Lesson 7: Price Ceiling Diagram
Lecture 47 Lesson 8: Price Floor Diagram
Lecture 48 Lesson 9: Closing Remarks on Government Intervention
Section 6: Unit 5: Market Failure
Lecture 49 Lesson 1: Introduction to Market Failure
Lecture 50 Lesson 2: Market and Allocative Efficiency
Lecture 51 Lesson 3: Market Failure Base Diagram
Lecture 52 Lesson 4: Negative Externality of Consumption: The Diagram
Lecture 53 Lesson 5: Negative Externality of Consumption: The Solutions
Lecture 54 Lesson 6: Negative Externality of Production: The Diagram
Lecture 55 Lesson 7: Negative Externalities of Production: The Solutions
Lecture 56 Lesson 8: Positive Externality of Consumption: The Diagram
Lecture 57 Lesson 9: Positive Externality of Consumption: The Solutions
Lecture 58 Lesson 10: Positive Externality of Production: The Diagram
Lecture 59 Lesson 11: Positive Externality of Production: The Solutions
Lecture 60 Lesson 12: Common Access Resources
Lecture 61 Lesson 13: Closing Remarks on Market Failure
Section 7: Thank You and Stay in Touch!
Lecture 62 Thank You and Stay in Touch!
All people of all ages interested learning about the Economics,University Students,IB Economics Students,AP Economics Students,A-Level Economics Students,And ESPECIALLY adults who had a horrible Economics teacher in university!
Course Information:
Udemy | English | 8h 26m | 9.47 GB
Created by: Brad Cartwright
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