Principles of Economics With Calculus
Registration Link: CLICK HERE
Start Date: January 5, 2016 (10 Weeks Long)
Workload: 9 Hours Per Week)
Instructors: Antonio Rangel and Liam Clegg
Credentials: Professor Rangel is the Bing Professor of Neuroscience, Behavioral Biology and Economics at Caltech, where he focuses on the neural basis of economic decision-making. He owns a Ph.D. from Harvard. Clegg is a third year Ph.D. student at Caltech.
Graded: Students who complete all activities will receive a personalized certificate. However, students also have the option to audit the course and have access to the online discussion boards, along with all course material and tests.
Description: Designed for both MBAs and undergraduates, this course examines basic economic principles using a quantitative and model-based approach. In particular, it focuses heavily on mathematically-driven methods, logic, and applications of economic theory to real world problems. For example, the course emphasizes how to model market interactions to predict outcomes in areas like taxes and regulation and introducing disruptive market solutions. The course will be driven by videos, lectures and readings.
Review: “Principles of Economics with Calculus: 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. For additional reviews, click here.
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