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Economics 1: Introduction to Economics (Fall 2014, UC Berkeley). Taught by Professor Martha Olney, this course is a survey of economics designed to give an overview of the field.
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English
English [CC]
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Description
Economics 1 is an introductory course in economic principles. The course covers both microeconomics and macroeconomics. Topics include: economic modeling; allocation of resources; firm decision-making; imperfect competition; economic analysis of unemployment, inflation, and economic growth; the role of government in the domestic economy; international trade and finance; and U.S. economic policies of the last quarter century. Primary emphasis is placed upon acquiring skills with which to analyze current economic issues.
Course content
- Lecture 01 – Organization of Course; Overview; Intro to Economic Models Unlimited
- Lecture 02 – Opportunity Cost; Economic Growth Unlimited
- Lecture 03 – Comparative Advantage; Gains from Trade; Economic Systems Unlimited
- Lecture 04 – Model of Supply and Demand Unlimited
- Lecture 05 – Demand and Supply Examples; Consumer Surplus Unlimited
- Lecture 06 – Elasticity; Profit-Maximization Decisions Unlimited
- Lecture 07 – Marginal Cost and Marginal Revenue Unlimited
- Lecture 08 – Supply Curve; Why Profit = 0 in the Long Run Unlimited
- Lecture 09 – Income and Wealth Distribution Unlimited
- Lecture 10 – Monopoly Unlimited
- Lecture 11 – Monopolistic Competition; Externalities Unlimited
- Lecture 12 – Externalities, continued; Asymmetric Information Unlimited
- Lecture 13 – Overview of Macroeconomics Unlimited
- Lecture 14 – Measurement of Total Output (GDP) Unlimited
- Lecture 15 – Unemployment and Inflation Unlimited
- Lecture 16 – Aggregate Expenditures; Equilibrium Output Unlimited
- Lecture 17 – Investment Spending Unlimited
- Lecture 18 – Multipliers Unlimited
- Lecture 19 – Policy Overview; Fiscal Policy Unlimited
- Lecture 20 – Open Economy Macroeconomics Unlimited
- Lecture 21 – Federal Reserve Unlimited
- Lecture 22 – Inflation, Phillips Curve Unlimited
- Lecture 23 – Monetary Policy Unlimited
- Lecture 24 – Policy, continued; Concluding Remarks Unlimited
- Lecture 25 – Review Unlimited
- Lecture 26 – Review Unlimited
Instructor
