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ECON 103 MICROECONOMICS

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  • Professor:
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    Holt, RUSTICI, BENNETT, elmerholt, BOUDREAUX, AlexT.Tabarrok, DavidV.Youngberg, DeemaYazigi, ThomasC.Rustici, JamesT.Bennett, SCOTTSMITH, JohannaBMollerstrom, DonaldJ.Boudreaux, DR.THOMASCARLRUSTICI, Thomas Rustici
  • Average Course Rating (from 19 Students)

    4.0/5
    Overall Rating Breakdown
    • 19 Advice
    • 5
      37%
    • 4
      26%
    • 3
      26%
    • 2
      5%
    • 1
      5%
  • Course Difficulty Rating

    • Easy 5%

    • Medium 58%

    • Hard 37%

  • Top Course Tags

    Great Intro to the Subject

    Always Do the Reading

    Great Discussions

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  • 24 terms

    Term:

    Which of the following is among the reasons identified by Adam Smith for why the division of labor increases an economy's total output?

    Definition:

    specialization of workers is more likely to encourage the development of machinery to perform specialized tasks

    • Exam I
    • 24 terms
    • Vocabulary for Exam I. Find, create, and access Economics Micro, flashcards with Course Hero.

MICROECONOMICS Advice

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    • Profile picture
    May 08, 2017
    | Would highly recommend.

    Not too easy. Not too difficult.

    Course Overview:

    Super nice professor, study previous exams and you'll be fine. He is very intresting

    Course highlights:

    STUDY FOR THE EXAMS. you do not have to read his book though, just study the previous versions on the exams online.

    Hours per week:

    0-2 hours

    Advice for students:

    Everything that I said about, study the previous exams, also take notes on EVERYTHING HE SAYS

    • Spring 2017
    • Thomas Rustici
    • Yes
    • Great Intro to the Subject Great Discussions
    • Profile picture
    May 03, 2017
    | Would highly recommend.

    This class was tough.

    Course Overview:

    Professor Rustici is excellent; great at teaching, passionate, and funny. He makes sense of economics and shows you the incredible, life-changing perspective economics can give you, regardless of your major or career path. This class is so much more than just finances.

    Course highlights:

    You learn a lot about decision theory, the basis of how people decide what they decide, the underlying factors behind it, that can help you make better decisions. You learn a lot about value, how things cost what they cost, and I don't just mean financially. You also learn a lot about efficiency, and you can apply this to all facets of your life, and really "economize" and save time.

    Hours per week:

    3-5 hours

    Advice for students:

    Learn graphs early and learn them well, especially the essentials of supply and demand. Pay attention to anything that's numbered (like this model has this many assumptions, with this many implications, etc) and pay special attention to anything he says to write down, or anything that he says will be on the test. Study the extra credit well, because it is the one thing he will announce and specify that you know will be on the test, and it makes up for a ton of points lost. Study hard because the whole course grade relies on just four tests, and don't miss a single class. I barely opened three of the four textbooks, but the essay of readings textbook that is assembled by Professor Rustici is essential and is where most of the extra credit will come from, and the others are all very helpful if you are willing to sink the time and money into them. It is hard but it is extremely rewarding, and if you are an econ, business or finance major, you MUST take Rustici's class, it will shape your whole career. Rustici is extremely helpful and loyal to his students, so if you bring questions to his office hours, he will help you immensely.

    • Spring 2017
    • Thomas Rustici
    • Yes
    • Great Intro to the Subject Always Do the Reading A Few Big Assignments
    • Profile picture
    Feb 07, 2017
    | No strong feelings either way.

    Not too easy. Not too difficult.

    Course Overview:

    Dr. Rustici is a very knowledgeable professor and knows what he is talking about. He makes the class easy and interesting, his tests aren't that hard and he gives extra credit on his exams based off of the readings in class. Be sure to be on top of everything because there are only 4 grades which are the 4 exams one of which is the final.

    Course highlights:

    He went on a lot of rants but sometimes they were interesting, one of the things I remember from his class was the history of the economics and it was all cool. I learned about how the economy came to be and how it works and it was all very interesting. Interesting class overall.

    Hours per week:

    9-11 hours

    Advice for students:

    Don't refute everything he says or he'll hate you, just be open about his opinion. I would form a study group to go over all the notes you write because he doesn't use powerpoint, this was very helpful with my studying.

    • Summer 2016
    • Thomas Rustici
    • Yes
    • Great Intro to the Subject Always Do the Reading A Few Big Assignments

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