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4. MIT OpenCourseWare is a free & open publication of material from thousands of MIT courses, covering the entire MIT curriculum. Course Summary Economics 101: Principles of Microeconomics has been evaluated and recommended for 3 semester hours and may be transferred to over 2,000 colleges and universities. This course investigates economic analysis, focusing on fundamentals of markets, supply and demand, consumer and producer behaviour, and monopoly and competition. At MIT, this is the first course that undergraduates take in economics. 2. 3. Second, it shows the student how these principles can be applied to managerial decisions and firm optimization. 4 0 obj In this unit we introduce the ceteris paribus assumption, which is crucial to … Use of the internet for research projects At the end of this class, a student should 1. Course outlines for other sections of the course are available in the Past Outlines drop-down. Demonstrate knowledge of the Production Function and its applicability to short-run output and the Theory of Cost; Course Description: The purpose of the course is to give students a thorough understanding of the principles of economics that are applied to the functions of individual decision makers, both consumers and producers, within the larger economic system. 1. The course will focus on how individuals make decisions that affect their income and wealth, how firms make decisions that affect profits and production, and how government regulation affects individuals and firms. Co-requisite(s): None. Explore materials for this course in the pages linked along the left. <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Coursera has a wealth of courses and Specializations in business, including courses in microeconomics and related topics in consumer behavior, econometrics, and business analysis. The course website will contain links to the course outline, lecture slides, tutorial questions, data sets required for the tutorial questions, information on how to use Stata, examples of Stata programs and announcements. Specifically, it acquaints the students with the study of individual consumers, groups of consumers, and firms. Course Description An essential pre-requisite for any business enterprise be it large, small, profit- making or non-profit-making is to understand the dynamics of the market and hence to make the best of the opportunities given the various constraints. endobj ECON 7150 A01 Evaluation of Public Policy and Programs Course Outline Gregory Mason. Course Outline AP Economics: ... AP Microeconomics is a one-semester, college-level course. Content: Lesson 1: Intro to Microeconomics Lesson 1 Quiz Lesson 2: Demand Lesson 2 Quiz chs. The AP Microeconomics framework included in the course and exam description outlines distinct skills that students should practice throughout the year—skills that will help them learn to think and act like economists. !��� �x9��Hѿ�oV$[nz�g����0EIwV8�M9P�PԊ� �4�����d�d����O.�t_rCxp>vcx��f�H+YP�6����R�S�� x��Zmo9�������a��ު�D�FTy�zթ���԰=�|�3�*��ܮ}��f�����c���^��5y��?������|�Uu]=|������O��f^��M������WU�ܾ{G�FC�W�S��J�IA4����������t;g�n����`v��0�� �N.��TkIfp���!�ܐ�ܙ=��w;�3�%���n�[�s."��! Students must be able to take notes from reading and lecture materials. 1. _____ TERM - Winter 2019 (course outlines uploaded as become available) ECON 1010 A01 Introduction to Microeconomic Principles, Soodeh Saberian. endobj Course Number: 1000. Introduction to Microeconomics 3. The Microeconomics of Factor Markets Subject Code: ECON. College credit taught in Microeconomics 1 is a free & open publication of material from thousands of MIT,. 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