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ECON-UB 1 Microeconomics

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Microeconomics Questions & Answers

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    • Profile picture
    Jan 22, 2016
    | Would highly recommend.

    Not too easy. Not too difficult.

    Course Overview:

    Professor Bowmaker is a fantastic and friendly teacher that lectures fairly interesting Microeconomics material. He engages the students with a lot of thought-provoking questions and examples, while offering very detailed step-by-step guidance on how to solve problems that will be encountered in problem sets and exams. Before our final exam, he also offered review sessions and ample amount of extra resources to help prepare for the exam; in essence, Professor Bowmaker has a desire to see his students succeed in his Microeconomics class, and offers the necessary resources and guidance for students to both learn the economics material and perform very well in class. The amount of coursework for the class was also pretty generous (a problem set every week, 2 quizzes, and 2 bigger exams).

    Course highlights:

    Although I took AP Microeconomics in high school, this course definitely taught a lot of new economics material. Examples of topics that were taught which were new to me include utility maximization problems, indifference curves, Nash Equilibria, sequential games/game trees, Betrand/Cournot/Stackelberg Competition, concepts related with asymmetric information, and various behavioral economics concepts. As Professor Bowmaker stresses, there are 3 components to learning Microeconomics: graphs, words/theory, and mathematics. Each of the topics utilized one or more of the different methods of learning; some topics required more math through partial differentiation and algebra, while others required more theoretical understanding. All in all, the class taught a lot of very interesting Microeconomics concepts.

    Hours per week:

    3-5 hours

    Advice for students:

    Anyone that takes this class should definitely utilize all the resources Professor Bowmaker provides; whether it be review sessions, practice exams, or even office hours, all of these resources help solidify the material for students. (and definitely makes studying for the midterm and final a lot easier!) In addition, spend a lot of time on problem sets, since they make up 20% of the final grade; the problem sets are never too difficult but there are usually one or two tricky questions that require a bit of thought. Also, I recommend finding a study group to do/check problem sets and study for exams with; having a few friends to do work with definitely made understanding the material easier and more fun!

    • Fall 2015
    • SimonBowmaker
    • Yes
    • Great Intro to the Subject Competitive Classmates Great Discussions

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