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ECON 201

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  • Top Course Tags

    Always Do the Reading

    Great Intro to the Subject

    Requires Lots of Research

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    • Profile picture
    Jan 14, 2017
    | Would recommend.

    This class was tough.

    Course Overview:

    I would recommend it for all those who desire to learn more about how the business world runs and why the economy holds everything together. It is also great opportunity and environment for you to implement problems solving skill, critical thinking and planning. On the other side, it is a very heavy workload course and things can speed up pretty rapidly, so i recommend students to get their material studied thoroughly in advance, otherwise it can be hard to catch up with the contents because everything connects together. If students don't catch up with the first concept, they now have to speed up even more to catch up with that, plus the second concept already coming!

    Course highlights:

    This course truly helps you to see the world through a lens of an economist better by understanding how business and government interact and deal with people like us. I learned a great deal about taxes (it's really not fair when you find out), why we have financial crisis and where the money goes to. What businesses affects and what affects businesses. I also learned about where goods come from, how to maximize profit and to plan out solutions to economic problems. It requires you to think critically, beyond the surface because one problem touches a lot of aspects like environment and household incomes. This class is a great resource to gain more understanding, sharpen the mind and skill in problem solving.

    Hours per week:

    12+ hours

    Advice for students:

    Learn ahead and be excited! You will learn many great things and it will fascinate you when you understand how things work. Homework and and quiz are very frequently and what makes it heavier is a lot of material need to be studied and read. So plan ahead the time to read and study textbook and do homework in advance, don't wait for the due date because it'll come very fast, just do the work as early as possible and you will be just fine.

    • Fall 2016
    • Citron Lisa
    • Yes
    • Great Intro to the Subject Always Do the Reading Requires Lots of Research
    • Profile picture
    Jan 03, 2017
    | Would highly recommend.

    This class was tough.

    Course Overview:

    I would recommend this microeconomics course because it is informative and interesting. It was one of the more challenging courses I took that quarter. It challenged me to really think about what I was reading and to apply what I learned to the assignments and exams.

    Course highlights:

    I learned the principles of microeconomics. Microeconomics is the study of economics on a smaller scale, as opposed to macroeconomics, the study of the economics of a country. Microeconomics describes theories how individuals and businesses interact with each other. I enjoyed learning how a business and consumer interaction strives to reach the best price for both parties. I found the process of identifying an equilibrium price fascinating. It is most efficient for a business to sell a product at a price that is the most it can get for the worth of the product while also being the highest price that most of the targeted consumers view the product to be worth.

    Hours per week:

    6-8 hours

    Advice for students:

    I think my best advice is to think critically about the material. It is easy to read the textbook and presentations, however, I learned that the exams are not simply tests of the information one remembers. It seems to me that one needs to understand the course's content and be able to solve problems using the skills they learned from the class.

    • Winter 2016
    • asefehhoushyari
    • Great Intro to the Subject Always Do the Reading


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