University of California Online Course: The Power of Microeconomics
The Power of Microeconomics: Economic Principles in the Real World
University of California is starting a free online course “The Power of Microeconomics” to learn all of the major principles of microeconomics. This course is taught as a quarter or semester course to undergraduates or MBA students. In this course students will learn how to apply the principles of Microeconomics in personal and professional situations of the real life. From advanced secondary or high school students to highly experienced managers, all can be the part of this course.
This course is a companion to the Power of Macroeconomics. If applicant will take both courses, he/she will learn all of the major principles normally taught in a year-long introductory economics college course.
Duration of the CourseThe free online course will start on 16th September 2013 and will run for 11 weeks. It will demand work load of 8-10 hours per week.
Course SyllabusFirst week lectures: An Introduction to Microeconomics
Second week lectures: Supply and Demand
Third week lectures: Demand and Consumer Behaviour
Fourth week lectures: Supply and Production Theory
Fifth week lectures: Perfect Competition
Sixth week lectures: Monopoly and Monopolistic Competition
Seventh week lectures: Oligopoly and Strategic Behaviour
Eighth week lectures: Land and Rent
Ninth week lectures: The Labour Market and Wage Determination
Tenth week lectures: The Capital Market, Interest and Profits
Eleventh week lectures: Public Goods and Externalities
Eligibility-Advanced secondary or high school students to highly experienced managers anyone can be the part of this course.
-It requires no complicated mathematical training.
Course FormatThe ‘principles of microeconomics’ is a complete college and MBA-level course which will be covered in eleven online lectures. Lectures are specially designed to imitate the traditional classroom lecture experience. Topics to be covered in the lectures are supply and demand, market structures from perfect competition to monopoly, factor markets, including the labour, land and capital markets, and a study of “market failures” such as public goods.
Multimedia presentations with audio soundtrack and dynamically constructed graphs such as, determination of prices or wages through the forces of supply and demand will be used for the study. During the lectures, students can ask numerous questions and feel free at any time to put the presentation on pause as they contemplate possible answers. A complete set of the video lectures can also be ordered via email.
After each lecture, the online quiz session will be there which will be concluded with grade and quiz answers and at the end of the course students will take a final exam online to see how well they did in the course.
Students if interested can also go through the microeconomics textbook for additional background, to learn the material presented in this course. Microeconomics by McConnell, Brue, Flynn and Barbiero are the best option for reading.
Statement of AccomplishmentOn successful completion of the course, students will be awarded by Statement of Accomplishment from Coursera.
About InstructorsThe course will be taught by Professor Dr. Peter Navarro, PhD in economics from Harvard University in 1986. He is a Professor of Economics and Public Policy at the Paul Merage School of Business, University of California, Irvine since 1988. Keynote speaker on management, finance, global politics and the economy at hundreds of events.
Apply : https://www.coursera.org/
The Power of Microeconomics: Economic Principles in the Real World
University of California is starting a free online course “The Power of Microeconomics” to learn all of the major principles of microeconomics. This course is taught as a quarter or semester course to undergraduates or MBA students. In this course students will learn how to apply the principles of Microeconomics in personal and professional situations of the real life. From advanced secondary or high school students to highly experienced managers, all can be the part of this course.This course is a companion to the Power of Macroeconomics. If applicant will take both courses, he/she will learn all of the major principles normally taught in a year-long introductory economics college course.
Duration of the CourseThe free online course will start on 16th September 2013 and will run for 11 weeks. It will demand work load of 8-10 hours per week.
Course SyllabusFirst week lectures: An Introduction to Microeconomics
Second week lectures: Supply and Demand
Third week lectures: Demand and Consumer Behaviour
Fourth week lectures: Supply and Production Theory
Fifth week lectures: Perfect Competition
Sixth week lectures: Monopoly and Monopolistic Competition
Seventh week lectures: Oligopoly and Strategic Behaviour
Eighth week lectures: Land and Rent
Ninth week lectures: The Labour Market and Wage Determination
Tenth week lectures: The Capital Market, Interest and Profits
Eleventh week lectures: Public Goods and Externalities
Eligibility-Advanced secondary or high school students to highly experienced managers anyone can be the part of this course.
-It requires no complicated mathematical training.
Course FormatThe ‘principles of microeconomics’ is a complete college and MBA-level course which will be covered in eleven online lectures. Lectures are specially designed to imitate the traditional classroom lecture experience. Topics to be covered in the lectures are supply and demand, market structures from perfect competition to monopoly, factor markets, including the labour, land and capital markets, and a study of “market failures” such as public goods.
Multimedia presentations with audio soundtrack and dynamically constructed graphs such as, determination of prices or wages through the forces of supply and demand will be used for the study. During the lectures, students can ask numerous questions and feel free at any time to put the presentation on pause as they contemplate possible answers. A complete set of the video lectures can also be ordered via email.
After each lecture, the online quiz session will be there which will be concluded with grade and quiz answers and at the end of the course students will take a final exam online to see how well they did in the course.
Students if interested can also go through the microeconomics textbook for additional background, to learn the material presented in this course. Microeconomics by McConnell, Brue, Flynn and Barbiero are the best option for reading.
Statement of AccomplishmentOn successful completion of the course, students will be awarded by Statement of Accomplishment from Coursera.
About InstructorsThe course will be taught by Professor Dr. Peter Navarro, PhD in economics from Harvard University in 1986. He is a Professor of Economics and Public Policy at the Paul Merage School of Business, University of California, Irvine since 1988. Keynote speaker on management, finance, global politics and the economy at hundreds of events.
Apply : https://www.coursera.org/
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