ECON Principles
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ECON Principles Principles of Economics

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    • Profile picture
    May 17, 2016
    | Would highly recommend.

    Pretty easy, overall.

    Course Overview:

    This course basically introduces economics with assumption of prior knowledge

    Course highlights:

    This course provides a comprehensive introduction to the Principles of economics that includes (i) Scarcity, Choice and opportunity Cost; (ii) Demand & Supply, Market Systems and Circular Flow Analysis; (iii) GDP, Growth and Instability; (iv) Macroeconomic Model and Fiscal Policy; (v) Money, Banking and Monetary Policy; (vi) International Economics and Current Economic Problem Analysis.

    Hours per week:

    3-5 hours

    Advice for students:

    Being an introduction, this course is pretty easy.

    • Winter 2015
    • Staff
    • Yes
    • Profile picture
    Mar 23, 2017
    | Would highly recommend.

    This class was tough.

    Course Overview:

    This course was filled with so much useful information about the economy. We studied why consumers make certain decision by analyzing utility, learned how producers decide what and how much to produce and the list could go on. What made it even more interesting was tying all these classroom discussions to the real world in real time. Discussing things that you could see in the Wall Street Journal was common to understand the concepts we were learning and how to apply them. The instructor is energetic and truly has a passion for educating.

    Course highlights:

    We learned about supply and demand, price and quantity equilibrium, utility theory, price elasticity of supply and demand, inflation, monetary policy, fiscal policy, gross domestic product, and much more. All these concepts were reinforced with real world scenarios that brought things full circle.

    Hours per week:

    6-8 hours

    Advice for students:

    Be prepared to take notes, show up for every class, take 20 minutes to review the chapter before lecture and 20 minutes after the lecture to cement new concepts, be prepared to allot about 4-5 to a problem set assignment. The exams are hard but if you do the steps listed above then you will do just fine.

    • Winter 2017
    • AnnaCaterinaMusattie
    • Yes
    • Great Intro to the Subject Participation Counts Great Discussions

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