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ECON 210 Microeconomic Theory

  • Average Course Rating (from 3 Students)

    4.7/5
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    • 3 Advice
    • 5
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    A Few Big Assignments

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    • Profile picture
    Aug 04, 2016
    | Would highly recommend.

    Not too easy. Not too difficult.

    Course Overview:

    Prof Tuttle is a fantastic teacher and resource. She explains info throughly and is not afraid to answer any question. She knows what she is talking about when it comes to business and the economy!

    Course highlights:

    I learned about different ways the economy is measured. As a finance major I really enjoyed this class because the material is a part of my interests. The highlights were having a great professor and the homework was very similar to the work we did in class.

    Hours per week:

    3-5 hours

    Advice for students:

    Take the class seriously, take good notes and try to not miss class because you will get behind quickly. You learn alot from the class if you are genuinely giving an effort. Alot of this material will show up in other classes if you are majoring in somesthing similar.

    • Fall 2015
    • Carolyn Tuttle
    • Yes
    • Go to Office Hours Many Small Assignments Participation Counts
    • Profile picture
    Jul 14, 2016
    | Would highly recommend.

    Not too easy. Not too difficult.

    Course Overview:

    I would recommend this course because, not only is the professor amazing and nice, but also because the material taught is relevant and applicable to what is happening in the world today. The material in the beginning of the course is a bit dry and tedious memorization of graphs, but in the second half of the semester the hard work pays off and the applications are endless.

    Course highlights:

    The highlights of this course were the different models of macroeconomic theory, from the classical model to the Keynesian model, then applying those models to real life.

    Hours per week:

    3-5 hours

    Advice for students:

    if you have questions go talk to the professor in her office hours, she is super nice, also, learn the graphs the first time around it will make life easier int he long run.

    • Spring 2016
    • Tuttle
    • Yes
    • Lots of Writing A Few Big Assignments Participation Counts
    • Profile picture
    Jun 05, 2016
    | Would recommend.

    Not too easy. Not too difficult.

    Course Overview:

    Microeconomics is a traditionally difficult course for students, especially since students have never typically been forced to think of the world in a microeconomic sense. That being said, this is a fantastic class for those individuals who are thinking of going into the business or financial world. In such a course, one learns to understand classic economics concepts such as diminishing marginal utility (for each additional apple I eat, I am less satisfied than the previous apple I had) and MRTS (the Marginal Rate of Technical Substitution – a fancy initialism for comparing capital and labor). Obviously, we do not speak of life like this colloquially, but by learning new ways to approach every day issues––and they often are every day issues that are approached, such as decision making––this course can greatly improve one's critical thinking skills.

    Course highlights:

    The professor, by far. Professor Jeff Sundberg is one of the greatest professors we have at Lake Forest College. Having this year won the Great Teacher Award for excellence in pedagogy, Jeff has proven he really strives to bring it all to every class. Jeff is a wealth of knowledge and has a seemingly infinite supply of stories and allegories to help students understand what he is teaching. The catch is that the subject matter itself can be difficult. For instance, Game Theory is inherently strenuous for the very reason that the subject itself addresses difficult decision making. But, Jeff walks his students through Game Theory and every subject matter with calm and poise because, for one, he is in no rush and, second, he loves what he does.

    Hours per week:

    6-8 hours

    Advice for students:

    Study, and then study some more. These are topics that are not inherent in one's mind. One must approach subjects such as price elasticity with care. As such, I would form study groups to work on the weekly homework. I would also go to the class tutoring hours which occur absolutely every week for two hours. You basically get all the answers and, moreover, the tutor explains exactly how you get those answers.

    • Fall 2016
    • Sundberg
    • Yes
    • Math-heavy Go to Office Hours Great Discussions

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