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ECON 102 introduction to Microeconom

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    MaryannVaughan, WokiaKumase, MaryAnVaughan, Maryann Vaughan, notsure, maryann, FionaRahman, M.Vaughn, BehnoushAmery, NafeezFatima, NafeesFatima, ThomasTucker, mariaviola, Joseph de Juan, EmanuelCarvalho, NickMaes, PeterBuhr
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  • Top Course Tags

    Always Do the Reading

    Great Intro to the Subject

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    • Profile picture
    Mar 29, 2016
    | Would recommend.

    Pretty easy, overall.

    Course Overview:

    This course is a foundation course that skims over basic aspects of economics, including an understanding of what an economy is, how to measure it, factors that go into GDP and CPI, and government interference in the macroeconomy.

    Course highlights:

    Maryann Vaughan has taught this course for many years and as such, she has a naturalness to her lectures. She tries to entertain students by making jokes about pop culture, and specifically rap, and while some might fall short, she's overall an entertaining prof. Although this is an introductory course, it covers various aspects that you will find in upper year economics courses. Understanding what an economy is composed of as well as understanding inflation and interest are essential tools in the modern world that can be applied in every day life. In addition, learning to distinguish between the long-term and the short-term gives students an idea of how economic decisions can be made based on these scopes. Learning about government interference gives students a better understanding of the tools at the disposal of a federal government or national bank to control money and the economy.

    Hours per week:

    0-2 hours

    Advice for students:

    Read the textbook and memorize the definitions. Draw all the graphs and practice with the models in every single situation you can think of. Many questions will ask you about a model and show a picture and then ask you what would happen should one variable increase or decrease. A good understanding of how to work these graphical models should net you high marks.

    • Fall 2011
    • Maryann Vaughan
    • Yes
    • Great Intro to the Subject Always Do the Reading

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