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INTRODUCTION TO ECONOMIC THOUGHT - ECO105/1 Spring 2025
Course
Jan Vasenda
Lessons
Here is the course outline:
1. Lesson 1
Jan 30
Course Introduction |
2. Lesson 2
Feb 1
Supply, Demand, and Equilibrium |
3. Lesson 3
Feb 6
Supply, Demand and Equilibrium |
4. Lesson 4
Feb 8
Supply, demand, and equilibrium |
5. Lesson 5
Feb 13
Consumer Choice |
6. Lesson 6
Feb 15
Price Elasticity of Demand and Its Applications |
7. Lesson 7
Feb 20
The Price System, Price Ceilings and Price Floors |
8. Lesson 8
Feb 22
Price System, Price Ceilings and Price Floors (part 2) |
9. Lesson 9
Feb 27
Trade: Absolute and Comparative Advantage |
10. Lesson 10
Mar 1
Trade – Absolute and Comparative Advantage (part 2) |
11. Lesson 11
Mar 6
Costs and Profit Maximization Under Competition |
12. Lesson 12
Mar 8
Profit maximizing under competition |
13. Lesson 13
Mar 13
Monopoly and price discrimination |
14. Lesson 14
Mar 15
Mid-term exam |
15. Session 15
Mar 20
Mid-term exam reflection |
16. Lesson 16
Mar 22
Labor Markets |
17. Lesson 17
Apr 3
Gross Domestic Product (GDP) |
18. Lesson 18
Apr 5
Wealth of Nations and Economic Growth |
19. Lesson 19
Apr 10
Unemployment and Labor Force Participation |
20. Lesson 20
Apr 12
Unemployment and Labor Force Participation (part 2) |
21. Lesson 21
Apr 17
Inflation and Quantity Theory of Money |
22. Lesson 22
Apr 19
Inflation and Quantity Theory of Money (part 2) |
23. Lesson 23
Apr 24
Business Fluctuations, Aggregate Supply and Demand |
24. Lesson 24
Apr 26
Business Fluctuations, Aggregate Supply and Demand (part 2) |
25. Lesson 25
May 1
Monetary Policy and the Federal Reserve |
26. Lesson 26
May 3
Monetary Policy and the Federal Reserve (part 2) |
27. Lesson 27
May 8
Fiscal Policy |
28. Lesson 28
May 10
Final Exam |