ECON 20000
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ECON 20000

  • Average Course Rating (from 3 Students)

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    • 3 Advice
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  • Course Difficulty Rating

    • Easy 0%

    • Medium 67%

    • Hard 33%

  • Top Course Tags

    Go to Office Hours

    Great Intro to the Subject

    Math-heavy

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    • Profile picture
    Nov 01, 2017
    | Would highly recommend.

    This class was tough.

    Course Overview:

    Consumer theory is the study of why people make the decisions that they do, and figuring out how to maximize the materials that they can. I find that incredibly interesting, that you can put numbers and math to how people make decisions.

    Course highlights:

    We learned about demand, how to make markets more efficient (so as the most amount of people can make the best of their resources), and understanding the fundamental principles of Economics.

    Hours per week:

    6-8 hours

    Advice for students:

    It is essential that after the lectures you spend the time and review the material on your own. It is hard to always understand everything that is covered in lecture, so part of your homework is to go over it yourself.

    • Fall 2017
    • Doron Ravid
    • Yes
    • Math-heavy Great Intro to the Subject Go to Office Hours
    • Profile picture
    Jul 24, 2016
    | Would highly recommend.

    Not too easy. Not too difficult.

    Course Overview:

    This course develops the economic theory of consumer choice, which will be handled in depth in intermediate courses.

    Course highlights:

    optimal choices for consumers given their incomes and preferences, as well as the relative prices of different goods. This course develops tools for analyzing how these optimal choices change when relative prices and consumer incomes change. Finally, this course presents several measures of consumer welfare. Students learn how to evaluate the impact of taxes and subsidies using these measures.

    Hours per week:

    6-8 hours

    Advice for students:

    A strong calculus knowledge is highly recommended before taking this course.

    • Winter 2015
    • Staff
    • Yes
    • Profile picture
    May 02, 2016
    | Would highly recommend.

    Not too easy. Not too difficult.

    Course Overview:

    This course develops the economic theory of consumer choice. This theory characterizes optimal choices for consumers given their incomes and preferences, as well as the relative prices of different goods

    Course highlights:

    This course develops tools for analyzing how these optimal choices change when relative prices and consumer incomes change. Finally, this course presents several measures of consumer welfare. Students learn how to evaluate the impact of taxes and subsidies using these measures. Completion of ECON 19800 is strongly recommended of students without a prior microeconomics course.

    Hours per week:

    6-8 hours

    Advice for students:

    You need some bit of knowledge in calculus to pass this course

    • Fall 2015
    • Babur
    • Yes

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