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Principles of Economics with Calculus

California Institute of Technology via edX

students interested
  • Provider edX
  • $ Cost Free Online Course
  • Session Self Paced
  • Language English
  • Effort 9 hours a week
  • Start Date
  • Duration 10 weeks long

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This course provides a quantitative and model-based introduction to basic economic principles, and teaches how to apply them to make sense of a wide range of real world problems. Examples of applications include predicting the impact of technological changes in market prices, calculating the optimal gasoline tax, and measuring the value of new products. This is a real Caltech class. It will be taught concurrently to Caltech and on-line students. This has two implications. On the costs side: the class is challenging, makes extensive use of calculus, and will demand significant effort. On the benefit side: successful completion of the class will provide you with an in-depth understanding of basic economics, and will permanently change the way you see the world.

Taught by

Liam Clegg and Antonio Rangel

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Reviews for edX's Principles of Economics with Calculus
4.0 Based on 3 reviews

  • 5 star 33%
  • 4 star 33%
  • 3 star 33%
  • 2 star 0%
  • 1 star 0%

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  • 1
Benjamin W
4.0 3 years ago
by Benjamin is taking this course right now.
I am taking this course to supplement my other course in microeconomics because I found the approximations and lack of math to be actually rather frustrating and confusing. This class helped make economics more interesting by giving me a solid understanding for the underlying math, and I feel much more confident in making predictions of how given policies will affect the market. Seconding another reviewer, this class was one of the tougher online ones I've taken, but it is fairly short (9 weeks), and it has been manageable so far with my previous introduction to microeconomics and my very basic knowledge of taking derivatives and finding integrals. For a beginner like myself, the lectures have often felt rushed, and I definitely have to follow along in the lecture notes and stop to make frequent annotations and work out mathematical expressions that are sped through, but the experience has been rewarding.

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School B
3.0 4 years ago
School completed this course and found the course difficulty to be hard.
Antonio Rangel definitely teaches one of the most math-heavy introductory economics classes I’ve ever experienced. The lecture material covers the typical first-year microeconomics topics, but Rangel does not shy away from diving into the nitty-gritty calculations and reasoning.

For me personally, this was one of the more difficult MOOCs I’ve taken to date. Again, this might just be because I have not used calculus in roughly 10 years. I would recommend this class to any math or science major who wants to learn microeconomics. By the end, you will probably have a better understanding of microeconomics than the economics majors around you.
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John W
5.0 3 years ago
John partially completed this course.
Was this review helpful to you? Yes
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