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Rose State College
Taught by: Prof. J. Caldwell
Course: Principles of Microeconomics
“Microeconomics,” classify economics as the study of how the world works, which is often filled with unintended consequences. The study of microeconomics, in particular, discusses how firms and individuals make decisions given the scarcity of resources.
Microeconomics is a field with several shortcomings. This field operates under the assumption that human beings make rational decisions. However, no microeconomic graph illustrates the effects of buyer’s remorse or the effects of pollution and its cost to the environment. Microeconomics fails to account for swings in the stock market as well.
An understanding of microeconomics allows managers to make better decisions. For example, if a manager of a seafood restaurant sees another restaurant opening around the corner, the manager will know he must either lower prices to stay competitive or focus on product differentiation to retain his customer base.
Lecture 1:The Nature of Economics
Lecture 2: Scarcity and the World
Lecture 3: Demand and Supply
Lecture 4: Extensions of Demand
Lecture 5: The Public Sector and Public Choice
Lecture 6: Taxes, Transfers, and Public Spending
Lecture 7: The Macroeconomy - Unemployment, Inflation and Deflation
Lecture 8: Measuring the Economy's Performance
Lecture 9: Global Economic Growth And Development
Lecture 10: Real GDP and the Price Level In a Long Run
Lecture 11: Classical and Keynesian Macro Analysis
Lecture 12: Consumption, Income, and The Multiplier
Lecture 13: Fiscal Policy
Lecture 14: Money Creation and Deposit Insurance
Lecture 15: Domestic and Internation Dimensions of Monetary Policy
Lecture 16: Stabilization in an Integrated World Economy
Lecture 17: Consumer Choice
Lecture 18: Demand and Supply Elasticity
Lecture 19: Rents, Profits, and the Financial Environment of Business
Lecture 20: The Firm - Cost and Output Determination
Lecture 21: Perfect Competition
Lecture 22: Monopoly
Lecture 23: Monopolistic Competition
Lecture 24: Oligopoly and Strategic Behavior
Lecture 25: Regulation and Antitrust Policy on Globalized Economy
Lecture 26: Labor Demand and Supply
Lecture 27: Income, Poverty, and Heath Care
Lecture 28: Environmental Economics
Lecture 29: Comparative Advantage an Open Economy
Taught by: Prof. J. Caldwell
Course: Principles of Microeconomics
“Microeconomics,” classify economics as the study of how the world works, which is often filled with unintended consequences. The study of microeconomics, in particular, discusses how firms and individuals make decisions given the scarcity of resources.
Microeconomics is a field with several shortcomings. This field operates under the assumption that human beings make rational decisions. However, no microeconomic graph illustrates the effects of buyer’s remorse or the effects of pollution and its cost to the environment. Microeconomics fails to account for swings in the stock market as well.
An understanding of microeconomics allows managers to make better decisions. For example, if a manager of a seafood restaurant sees another restaurant opening around the corner, the manager will know he must either lower prices to stay competitive or focus on product differentiation to retain his customer base.
Lecture 1:The Nature of Economics
Lecture 2: Scarcity and the World
Lecture 3: Demand and Supply
Lecture 4: Extensions of Demand
Lecture 5: The Public Sector and Public Choice
Lecture 6: Taxes, Transfers, and Public Spending
Lecture 7: The Macroeconomy - Unemployment, Inflation and Deflation
Lecture 8: Measuring the Economy's Performance
Lecture 9: Global Economic Growth And Development
Lecture 10: Real GDP and the Price Level In a Long Run
Lecture 11: Classical and Keynesian Macro Analysis
Lecture 12: Consumption, Income, and The Multiplier
Lecture 13: Fiscal Policy
Lecture 14: Money Creation and Deposit Insurance
Lecture 15: Domestic and Internation Dimensions of Monetary Policy
Lecture 16: Stabilization in an Integrated World Economy
Lecture 17: Consumer Choice
Lecture 18: Demand and Supply Elasticity
Lecture 19: Rents, Profits, and the Financial Environment of Business
Lecture 20: The Firm - Cost and Output Determination
Lecture 21: Perfect Competition
Lecture 22: Monopoly
Lecture 23: Monopolistic Competition
Lecture 24: Oligopoly and Strategic Behavior
Lecture 25: Regulation and Antitrust Policy on Globalized Economy
Lecture 26: Labor Demand and Supply
Lecture 27: Income, Poverty, and Heath Care
Lecture 28: Environmental Economics
Lecture 29: Comparative Advantage an Open Economy
Code:
http://extabit.com/file/29gwa23djgdbq/ http://extabit.com/file/29gwa23djgd8m/ http://extabit.com/file/29gwa23djgd92/
