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ECON 101

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  • Top Course Tags

    Always Do the Reading

    Great Discussions

    Great Intro to the Subject

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    • Profile picture
    Feb 26, 2017
    | Would highly recommend.

    This class was tough.

    Course Overview:

    I would recommend the course because economics is a class that involves studying how we as people make choices rationally based on having a limited number of resources but an unlimited amount of wants. A managers decision to enter a certain market can be the difference between him making a profit or him operating at a loss for his company.

    Course highlights:

    I learned about the effects of certain government actions on businesses. For example a price ceiling for rented apartments has many unintended consequences that were not possibly foreseen when it was imposed. Affordable rent through this price ceiling results in lower quality apartments, discrimination based on non-monetary factors against potential renters, and other consequences that partially make the market much less appealing.

    Hours per week:

    6-8 hours

    Advice for students:

    Study, take notes, and rewrite your notes. I didn't rewrite my notes when I took this class which perhaps slightly affected my understanding of the material (although I still got an A in the class).

    • Fall 2016
    • frost
    • Yes
    • Great Intro to the Subject Always Do the Reading Great Discussions


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