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462 reseña

Dr. José J. Vázquez-Cognet

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Microeconomics Principles

Universidad de Illinois en Urbana-Champaign

Acerca de este Curso

109,297 vistas recientes

Most people make the incorrect assumption that economics is ONLY the study of money. My primary goal in this course is to shatter this belief. During this course, we will be addressing the above questions as well as many more relating to:
-the environment
-love and marriage
-crime
-labor markets
-education
-politics
-sports
-business

My main goal is to show you the way economists think and how to use this analytical system to answer questions related not only to these and other important human issues but to anything you end up doing with your life after this class. After all, as you will quickly find out, I believe that everything is economics!

Resultados profesionales del estudiante

21%

comenzó una nueva carrera después de completar estos cursos

33%

consiguió un beneficio tangible en su carrera profesional gracias a este curso

15%

consiguió un aumento de sueldo o ascenso

Certificado para compartir

Obtén un certificado al finalizar

100 % en línea

Comienza de inmediato y aprende a tu propio ritmo.

Fechas límite flexibles

Restablece las fechas límite en función de tus horarios.

Nivel principiante

None

Aprox. 27 horas para completar

Inglés (English)

Subtítulos: Árabe (Arabic), Francés (French), Portugués (europeo), Chino (simplificado), Italiano, Vietnamita, Alemán (German), Ruso (Russian), Inglés (English), Español (Spanish)

Qué aprenderás

Identifying hidden costs of anything

Habilidades que obtendrás

EconomicsCritical ThinkingMicroeconomicsEconomic Analysis

Resultados profesionales del estudiante

21%

comenzó una nueva carrera después de completar estos cursos

33%

consiguió un beneficio tangible en su carrera profesional gracias a este curso

15%

consiguió un aumento de sueldo o ascenso

Certificado para compartir

Obtén un certificado al finalizar

100 % en línea

Comienza de inmediato y aprende a tu propio ritmo.

Fechas límite flexibles

Restablece las fechas límite en función de tus horarios.

Nivel principiante

None

Aprox. 27 horas para completar

Inglés (English)

Subtítulos: Árabe (Arabic), Francés (French), Portugués (europeo), Chino (simplificado), Italiano, Vietnamita, Alemán (German), Ruso (Russian), Inglés (English), Español (Spanish)

Instructor

Calificación del instructor

4.82/5 (333 calificaciones)

Dr. José J. Vázquez-Cognet

Clinical Professor

Department of Economics

111,914 alumnos

1 curso

ofrecido por

Universidad de Illinois en Urbana-Champaign

The University of Illinois at Urbana-Champaign is a world leader in research, teaching and public engagement, distinguished by the breadth of its programs, broad academic excellence, and internationally renowned faculty and alumni. Illinois serves the world by creating knowledge, preparing students for lives of impact, and finding solutions to critical societal needs.

Programa - Qué aprenderás en este curso

Calificación del contenido97%(12,934 calificaciones)

Semana

Semana 1

2 horas para completar

Course Orientation

You will become familiar with the course, your classmates, and our learning environment. The orientation will also help you obtain the technical skills required for the course.

2 horas para completar

1 video (Total 3 minutos), 4 lecturas, 1 cuestionario

3 horas para completar

Introduction and Basic Principles

Welcome to your first week in Microeconomics Principles! As you will quickly see, the things you learn in this class will probably help you see the world in a different way. Economics is not just about money, as you may have incorrectly assumed. On the contrary, as you will learn in this lesson, economics is about how society distributes scarce resources. And, since almost anything in the world is a scarce resource, from fossil fuels to nice guys, we can apply the rules of economics to pretty much anything.

3 horas para completar

6 videos (Total 52 minutos), 1 lectura, 1 cuestionario

Semana

Semana 2

4 horas para completar

Supply and Demand

Welcome to your second week in Microeconomics Principles! This module we will cover the hallmark framework of the field: the supply and demand model. I am sure that if you knew any economics words before enrolling in this course those two words were supply and demand. This module you will finally learn what all the fuss is about.

4 horas para completar

17 videos (Total 122 minutos), 1 lectura, 1 cuestionario

17 videos

1.1. What is a Market?1m

1.2. The Market for Romantic Relationships7m

2.1. The Determinants of Demand4m

2.2. The Demand Function, Schedule, and Curve7m

2.3. Introducing Comparative Statistics: Changes in the Price4m

2.4. A Change in Demand, Part 113m

2.5. A Change in Demand, Part 210m

3.1. The Determinants of Supply4m

3.2. The Supply Equation, Schedule, and Curve7m

3.3. Price of an Input Changes5m

3.4. A Change in Technology4m

4.1. Supply Surplus, Supply Shortage, and Equilibrium Price12m

5.1. Changes in Demand: Price of Related Goods10m

5.2. Changes in Demand: Consumer Preferences4m

5.3. A Change in Supply7m

5.4. Simultaneous Change in Supply and Demand6m

6.1. Demand and Supply Conclusion8m

1 lectura

Week 2 Overview15m

1 ejercicio de práctica

Week 2 Quiz30m

Semana

Semana 3

3 horas para completar

Market Efficiency and Government Policies

Welcome to Week 3! Last module we introduced the supply and demand model to explain how free markets work. One of the main concepts we learned about free markets was that they tend to gravitate toward an “equilibrium” price and quantity. This module we will use the same conceptual model to answer one important question: Are free markets the best way to distribute society’s resources?

3 horas para completar

10 videos (Total 67 minutos), 1 lectura, 1 cuestionario

10 videos

1.1. Do We Need Silly Products?8m

2.1. What is Consumer Surplus?8m

2.2. Consumer Surplus and the Demand Curve3m

3.1. What is Producer Surplus?3m

3.2. Producer Surplus and the Supply Curve3m

4.1. Total Surplus: The Graphical Argument for Free Markets9m

5.1. Price Ceilings8m

5.2. Price Floors11m

6.1. Could We Reduce the Shortage of Human Organs?7m

6.2. Application: Playoff Tickets and Scalping Laws3m

1 lectura

Week 3 Overview15m

1 ejercicio de práctica

Week 3 Quiz30m

Semana

Semana 4

3 horas para completar

Elasticities

Welcome to the fourth week! This module we will cover one of my favorite economics concepts: elasticity. It is one of my favorites because of how useful it is to analyze policy implications, as well as its usefulness for business managers. This will be obvious to you when you read one of the discussion topics for this module: Should we legalize marijuana?

3 horas para completar

14 videos (Total 89 minutos), 1 lectura, 1 cuestionario

14 videos

1.1. Introduction to Elasticity4m

2.1. Definition and Classifying Price Elasticities of Demand10m

2.2. Price Elasticity of Demand and Revenue4m

2.3. Determinants of Price Elasticity of Demand10m

2.4. Price Elasticities of Demand and the Linear Demand Curve5m

3.1. Income Elasticity of Demand5m

3.2. Cross-Price Elasticity of Demand8m

4.1. Definition of Price Elasticity of Supply2m

4.2. Determinants of Price Elasticity of Supply2m

5.1. Introduction to Per-Unit Taxes4m

5.2. The Distributional Effects of Tax13m

5.3. Taxes and Surplus4m

6.1. Should Black Dog Increase the Price of Their Sandwiches?2m

6.2. Other Applications of Price Elasticity8m

1 lectura

Week 4 Overview15m

1 ejercicio de práctica

Week 4 Quiz30m

Semana

Semana 5

3 horas para completar

Production and Costs

Welcome to your fifth week! This module we will begin covering the theory of the firm, which will take us basically three modules to finish. Economists call this section of the course, "The Economics of the Lemonade Stand." And that title makes perfect sense, since the concepts we cover can be used by anyone, from someone owning a lemonade stand, to a car manufacturing company, to a hair salon, to a burrito stand, etc.

3 horas para completar

9 videos (Total 64 minutos), 1 lectura, 1 cuestionario

Semana

Semana 6

3 horas para completar

Competitive Output

Welcome to your sixth week! This module we continue our discussion of the firm by focusing on those firms working in a perfectly competitive (or competitive) environment.

3 horas para completar

10 videos (Total 75 minutos), 1 lectura, 1 cuestionario

10 videos

1.1. Introduction to Competitive Output2m

2.1. The Maximizing Profit Assumption3m

2.2. The Profit Equation7m

2.3. The Profit Maximizing Rule10m

3.1. Perfect Competition6m

4.1. The Short-run Decision8m

4.2. Long-run Competitive Output11m

4.3. Using the Long-run Equilibrium Model10m

4.4. The Long-run Supply Curve11m

5.1. Conclusion to Competitive Output3m

1 lectura

Week 6 Overview15m

1 ejercicio de práctica

Week 6 Quiz30m

Semana

Semana 7

3 horas para completar

Firms with Market Power

So, why is it that when you fly the person sitting next to you in the plane probably paid a different price for the ticket than what you paid for it? And why does Starbucks charge so much for its coffee even though you can buy coffee at Dunkin’ Donuts for almost half of that price? This module we are finishing our discussion of the firm by focusing on cases that should be more familiar to you than the perfect competition examples we have been using.

3 horas para completar

10 videos (Total 79 minutos), 1 lectura, 1 cuestionario

10 videos

1.1. Pricing with Market Power: An Introduction3m

2.1. Market Structures With Pricing Power7m

2.2. Sources of Market Power12m

3.1. When Marginal Revenue is Less than Price9m

3.2. Marginal Revenue and the Price Elasticity of Demand6m

4.1. Perfect Price Discrimination9m

4.2. Imperfect Price Discrimination10m

4.3. Other Pricing Strategies8m

5.1. The Social Cost of Market Power7m

6.1. Pricing with Market Power: Conclusion4m

1 lectura

Week 7 Overview15m

1 ejercicio de práctica

Week 7 Quiz30m

Semana

Semana 8

4 horas para completar

Public Goods, Common Resources, and Externalities

And so we have arrived at the last week. This course has gone too fast! This module we will be discussing market failures. A market failure is a situation when the market does not do a good job of distributing resources among members of society. In fact, in all of these cases the market IS the problem.

4 horas para completar

13 videos (Total 96 minutos), 1 lectura, 1 cuestionario

13 videos

1.1. Introduction to Public Goods, Common Resources, and Externalities3m

2.1. How to Classify Goods10m

2.2. What Type of Good is This?5m

3.1. The Public Goods Game13m

3.2. Public Goods4m

3.3. Solving the Free Rider8m

4.1. The Tragedy of the Commons8m

4.2. How to Deal with the Tragedy of the Commons4m

5.1. Negative Externalities10m

5.2. Positive Externalities5m

5.3. Private Solutions8m

5.4. Governmental Solutions10m

6.1. Conclusion to Public Goods, Common Resources, and Externalities4m

1 lectura

Week 8 Overview15m

1 ejercicio de práctica

Week 8 Quiz30m

Reseñas

4.8

462 reseña

5 stars
82.48%
4 stars
14.94%
3 stars
1.20%
2 stars
0.55%
1 star
0.80%

Principales reseñas sobre MICROECONOMICS PRINCIPLES

por VA13 de mar. de 2019

It's a very well made course. Special thanks to Dr Jose for conveying the fundamentals of Microeconomics in such a lucid and simple way which helps in developing a solid intuition for the subject. :)

por KJ15 de jul. de 2020

great course, very interesting, loved the idea of changing locations, interviewing different people, idea of teaching through games. One thing I lacked at understanding was the graph of cost curves

por FK15 de jul. de 2017

Great way to explain economics, especially for students with english as a second language. Thanks for dividing the videos into smaller parts making me able to plan my schedule in great flexibility.

por SP24 de abr. de 2020

Wonderful course that gave insight to economic principles around us. Application of principles in real life was made easy. The instructor's language clarity made the concepts to be crisp and clear.

Ver todas las reseñas

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Microeconomics Principles

Microeconomics Principles

Acerca de este Curso

Resultados profesionales del estudiante

21%

33%

15%

Qué aprenderás

Habilidades que obtendrás

Resultados profesionales del estudiante

21%

33%

15%

Instructor

Dr. José J. Vázquez-Cognet

ofrecido por

Universidad de Illinois en Urbana-Champaign

Programa - Qué aprenderás en este curso

Semana 1

Course Orientation

Introduction and Basic Principles

Semana 2

Supply and Demand

Semana 3

Market Efficiency and Government Policies

Semana 4

Elasticities

Semana 5

Production and Costs

Semana 6

Competitive Output

Semana 7

Firms with Market Power

Semana 8

Public Goods, Common Resources, and Externalities

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