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Back to Principles of Economics: Introduction - Getting to Know You

Learner Reviews & Feedback for Principles of Economics: Introduction - Getting to Know You by Rice University

4.8
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27 ratings

About the Course

Economics and economic theory is fundamental to decision making in business, policy, and everyday life. If you're interested in a career in business, law, accounting, or investment then studying economics is a great foundation of knowledge. In this first course of a three course Specialization adapted from my ECON 100 course taught at Rice University, we'll cover the introduction to the basic concepts of microeconomics and macroeconomics. Microeconomics component includes analysis of supply and demand, consumer and producer behavior, and competitive and noncompetitive market equilibria, with applications to current policy issues. Macroeconomics component provides an overview of the determination of national output, employment, interest rates, and inflation, and analyzes monetary fiscal policies and international trade. More specifically here's some things you should be able to do by the end of the course: 1. Identify how Opportunity Costs affect economic decisions. 2. Discover the basics of the study of economics 3. Compare the long and short of economic theory 4. Link trade and national production 5. Discuss what tradeoffs nations face in production 6. Determine how market supply relates to prices 7. Compare the relationships between the price elasticity of demand and revenue 8. Discover how taxes affect supply and demand Lastly there is a book that I've written that coincides with this and the other two courses in the Specialization. You can purchase it here: https://he.kendallhunt.com/product/story-economics-principles-tale...

Top reviews

JW

Aug 2, 2024

The styly of the tutor's teaching is very relaxed and fun. Meanwile the course itself is informative and accessible for beginners. Highly recommend to anyone who has a general interest in economics.

KA

Jun 29, 2024

Jimmy provides a fun method of teaching and makes a complex subject accessable.

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1 - 8 of 8 Reviews for Principles of Economics: Introduction - Getting to Know You

By Roshen R I

Aug 10, 2024

If you are understanding only one course, this should be the one . Just look around you. This course covers essential topics such as supply and demand, market equilibrium, and the role of government in addressing market failures. These concepts are crucial for understanding and navigating the complexities of our modern economy. The global economy is facing rising geopolitical tensions, (conflicts in the Middle East, ) disrupting trade and contributed to economic instability. A better understanding of international trade and economic interdependence could have helped mitigate some of these issues. Prof, Jimmy DeNicco is a economic prophet. His lectures are prescriptions for people to make better decisions and contribute to a more informed society

By Munish Y A

Jul 31, 2024

I almost felt i was i live classes with the instructor. having ben an instructor myself in a MBA course on Economics 101 i learnt a lot about concise and yet deep presentation of concepts and also learnt how important it is to revise. Many Thanks.

By Taha V T

Aug 7, 2024

The course was really amazing and informative. After taking this course you general knowledge of the economics increases so much. The professor is also really good at making you understand the topics and concepts.

By Junyao W

Aug 3, 2024

The styly of the tutor's teaching is very relaxed and fun. Meanwile the course itself is informative and accessible for beginners. Highly recommend to anyone who has a general interest in economics.

By Khalid A

Jun 29, 2024

Jimmy provides a fun method of teaching and makes a complex subject accessable.

By Ізбасар Б Д

Oct 22, 2024

The course was amazing!

By Adeel M

Jun 25, 2024

student friendly way

By PAYAL K

May 4, 2024

nice