In this course, you will learn all of the major principles of microeconomics normally taught in a quarter or semester course to college undergraduates or MBA students.
Perhaps more importantly, you will also learn how to apply these principles to a wide variety of real world situations in both your personal and professional lives. In this way, the Power of Microeconomics will help you prosper in an increasingly competitive environment.
Note that this course is a companion to the Power of Macroeconomics. If you take both courses, you will learn all of the major principles normally taught in a year-long introductory economics college course.
MOOCs stand for Massive Open Online Courses. These arefree online courses from universities around the world (eg. StanfordHarvardMIT) offered to anyone with an internet connection.
How do I register?
To register for a course, click on "Go to Class" button on the course page. This will take you to the providers website where you can register for the course.
How do these MOOCs or free online courses work?
MOOCs are designed for an online audience, teaching primarily through short (5-20 min.) pre recorded video lectures, that you watch on weekly schedule when convenient for you. They also have student discussion forums, homework/assignments, and online quizzes or exams.
I am a retired engineer and taking the course to learn something about Macroeconomics and "what makes the world turns." I am on Module-8 now. It is fast pace and very rich course. The content is high density with many technical terms to learn and keep in mind. Abbreviations of these terms add to the complexity of the content. I am learning a lot from the course, much more than I expected. It is not easy but I find it very useful.
Is there a set of notes for the course, references, literature recommended?
Anonymous Cowardcompleted this course, spending 4 hours a week on it and found the course difficulty to be medium.
A nice overview of economics. There is a series of questions for each lecture that helps students keep pace with material as it's presented on video. This class is a good springboard for other business classes such as finance and accounting.