Introductory Economics

Lectures based on the textbooks:

1. Economics: Private and Public Choices. 1999. James D. Gwartney, Richard L. Stroup, and Russell S. Sobel. 9th Edition.
2. Fundamentals of Economics, International Edition. 2009. William Boyes and Michael Melvin. 4th Edition.
3. Principles of Economics. 2001. Robert H. Frank and Ben S. Bernanke.
4. Economics. 2008. Campbell R. McConnell and Stanley L. Brue. 17th Edition.

Micro Syllabus     Macro Syllabus

Basic Economic Concepts

Lecture 1: An Introduction to Economics

Lecture 2: The Market System and Circular Flow

Lecture 3: Supply, Demand, and the Market Process

Lecture 4: U.S. Private and Public Sectors

Lecture 5: The Global Economy

Examination I ( Essay Questions or Multiple Choice or JavaScript Test)

Microeconomics

Lecture 6: Elasticities and Welfare

Lecture 7: The Theory of Consumer Behavior

Lecture 8: Production Costs

Examination II ( Essay Questions or Multiple Choice)

Lecture 9: Competitive Markets

Lecture 10: Monopolies

Lecture 11: Oligopolies and Monopolistic Competition

Examination III ( Essay Questions or Multiple Choice)

Lecture 12: The Resource Markets

Lecture 13: The Labor Market

Lecture 14: Market Failure and Government Intervention

Supplemental Supplemental material about Starbucks and Costa Rica

Examination IV ( Essay Questions or Multiple Choice)

Macroeconomics

Lecture 15: Gross Domestic Product

Lecture 16: Economic Growth

Lecture 17: Macroeconomic Relationships

Examination V ( Multiple Choice or JavaScript Test)

Lecture 18: The Aggregate Expenditure Model

Lecture 19: Aggregate Demand and Aggregate Supply

Lecture 20: Fiscal Policy

Examination VI ( Multiple Choice or JavaScript Test)

Lecture 21: Money & Banking

Lecture 22: Money Creation

Lecture 23: Monetary Policy

Examination VII ( Multiple Choice or JavaScript Test)

Economics Essay