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ECON 101 Principles of Microeconomics

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    Chappl, cherylfu, GeraldMcintyre, RobertGateman, AshokKotwal, ShresthaRatna, NishaMalhotra, AlfredWaiChingKong, MarinaAdshade, GeraldMclyntyre, DebraPentacoast, Almas Zakiuddin, CLIVECHAPPLE
  • Average Course Rating (from 4 Students)

    3.5/5
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    • 4 Advice
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  • Course Difficulty Rating

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    • Medium 75%

    • Hard 25%

  • Top Course Tags

    Great Intro to the Subject

    Participation Counts

    Always Do the Reading

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    • Profile picture
    May 26, 2017
    | No strong feelings either way.

    This class was tough.

    Course Overview:

    This is a course that helps you understand everyday problems that you face and economic policies.

    Course highlights:

    It introduces you to basic economics and teaches you how to draw diagrams related with economy.

    Hours per week:

    3-5 hours

    Advice for students:

    Even if it is an introductory class, participation and taking notes is crucial.

    • Winter 2017
    • CLIVECHAPPLE
    • Yes
    • Many Small Assignments Participation Counts Competitive Classmates
    • Profile picture
    May 24, 2017
    | Would recommend.

    Not too easy. Not too difficult.

    Course Overview:

    The course has very concise chapters, where each individual one you can apply to your daily life. This would only apply for "Microeconomics"

    Course highlights:

    The highlight of the course would have to be the learning about opportunity cost and marginal utility because while it is common sense there are applications for it when managing a budget (Scarcity!).

    Hours per week:

    12+ hours

    Advice for students:

    The number one study tip I would suggest for people studying this course is to watch support videos provided by Universities on YouTube if you fail to understand any topic.

    • Spring 2017
    • Almas Zakiuddin
    • Yes
    • Math-heavy Background Knowledge Expected Always Do the Reading
    • Profile picture
    Dec 10, 2016
    | No strong feelings either way.

    Not too easy. Not too difficult.

    Course Overview:

    1) ECON 101 is a useful course in terms of teaching some basic economic terms, definitions, graphs and concepts. 2) The ECON 101 textbook is well-designed. Some concepts can be confusing, but they are always clearly explained with detailed graphs and examples. 3) As a business school student, having some knowledge of economics is necessary.

    Course highlights:

    From ECON 101, I have a better understanding of the microeconomics world, such as its competitive market, monopoly, monopolistic competition and oligopoly. These four markets are totally different, yet they share some similar characteristics. It is important for students to distinguish clearly of these four markets.

    Hours per week:

    6-8 hours

    Advice for students:

    Read the ECON 101 textbook in details, pay more attention to the graphs. It would be more helpful if one can make his own notes and do summary on certain topics, such as a summary on topics competitive market, monopoly, monopolistic competition and oligopoly.

    • Fall 2016
    • AlfredWaiChingKong
    • Yes
    • Great Intro to the Subject Final Paper

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