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Course Overview
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Day 1 - 10: Microeconomics in Action
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Video: Introduction
Reading: Introduction to Microeconomics
Video: Allow Me to Introduce You to Yourself | David Lang | TEDxUCDavis
Reading: Lesson 1 - Microeconomics in a Fast-Food Restaurant
Reading: Lesson 2 - What is Economics, Really?
Reading: Lesson 3 - Four Examples of Microeconomics
Reading: Lesson 4 - The Microeconomic Approach
Reading: Lesson 5 - Supply & Demand
Video: Law of Supply
Reading: Law of Supply
Video: Law of Demand
Reading: Law of Demand
Reading: Lesson 6 - Production Possibilities Frontier
Video: Production Possibilities Frontier
Reading: Production Possibilities Frontier
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Day 11 - 20: Everyday Life Decisions
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Video: Three Simple, Fun and Effective Tools to Help Manage Risk | Will Gadd | TEDxYYC
Reading: Lesson 1 - Individual Decision Making: How to Spend Your Income
Reading: Lesson 2 - Individual Demand
Reading: Lesson 3 - Individual Decision Making: How You Spend Your Time
Video: Investment and Consumption
Reading: Investment and Consumption
Reading: Lesson 4 - Consumption and Saving
Reading: Lesson 5 - Using Discounted Present Values
Video: Understanding Present Value
Reading: Understanding Present Value
Reading: Lesson 6 - Avoiding Risk
Video: Risk and Reward
Reading: Risk and Reward
Reading: Lesson 7 - Embracing Risk
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Day 21 - 30: Do Prices Come From?
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Video: Subjective Value and Market Prices | Jeffrey M. Herbener
Video: Business Objectives
Reading: Business Objectives
Reading: Lesson 1 - The Goal of a Firm
Video: Marginal Revenue and Marginal Cost
Reading: Marginal Revenue and Marginal Cost
Reading: Lesson 2 - The Revenues of a Firm
Reading: Lesson 3 - The Costs of a Firm
Reading: Lesson 4 - Markup Pricing: Combining Marginal Revenue and Marginal Cost
Video: Long Term Supply Curve and Economic Profit
Reading: Long Term Supply Curve and Economic Profit
Reading: Lesson 5 - The Supply Curve of a Competitive Firm
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Day 31 - 40: Do Prices Change?
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Video: Austrian Economics: Praxeology, Supply, and Demand - Foundation for Economic Education
Video: Market Equilibrium
Reading: Market Equilibrium
Reading: Lesson 1 - Market Supply and Market Demand
Reading: Lesson 2 - Using the Supply-and-Demand Framework
Video: Foreign Exchange Markets
Reading: Foreign Exchange Markets
Reading: Lesson 3 - Another Perspective on Changing Prices
Reading: Lesson 4 - Three Important Markets
Reading: Lesson 5 - Beyond Perfect Competition
Video: Perfect Competition
Reading: Perfect Competition
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Day 41 - 50: Jobs
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Video: What will future jobs look like? | Andrew McAfee
Video: Don't find a job, find a mission | Celeste Headlee | TEDxAugusta
Video: Producer and Consumer Surplus
Reading: Producer and Consumer Surplus
Reading: Lesson 1 - How Do Firms Decide How Many Hours of Labor to Hire?
Reading: Lesson 2 - Entry and Exit
Video: Sunk Cost
Reading: Sunk Cost
Reading: Lesson 3 - Search
Video: Tariffs and Protectionism
Reading: Tariffs and Protectionism
Reading: Lesson 4 - Government Policies
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Day 51 - 60: Making and Losing Money on Wall Street
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Video: The mathematician who cracked Wall Street | Jim Simons - Ted Talks
Video: Can Average Monkey Beat the Wolf of Wall Street? | Lukas Macijauskas | TEDxISM
Video: What it means to own shares in a company's stock.
Reading: What it Means to Own Share’s of a Company's Stock
Reading: Lesson 1 - A Walk Down Wall Street
Video: Stocks and Bonds
Reading: Stocks vs Bonds
Reading: Lesson 2 - The Value of an Asset
Reading: Lesson 3 - Asset Markets and Asset Prices
Reading: Lesson 4 - Efficient Markets
Video: Efficient Markets
Reading: Efficient Markets
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Day 61 - 70: Raising the Wage Floor
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Video: Minimum Wage | Mark Thornton
Reading: Lesson 1 - Nominal Wages and Real Wages
Video: Shortcomings of CPI and Nominal vs Real Wages
Reading: Shortcomings of CPI and Nominal vs Real Wages
Reading: Lesson 2 - The Effects of a Minimum Wage
Reading: Lesson 3 - Minimum Wage Changes
Video: Minimum Wage and Floor Prices
Reading: Minimum Wage and Price Floors
Reading: Lesson 4 - The Minimum Wage and the Distribution of Income
Video: Elasticity of Labor
Reading: Elasticity of Labor: Supply & Demand
Reading: Lesson 5 - Empirical Evidence on Minimum Wages
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Day 71 - 80: Barriers to Trade
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Video: Free Trade and Its Enemies | Jeffrey M. Herbener
Video: What Global Trade Deals are Really About | Haley Edwards | TEDxMidAtlantic
Video: Price Ceilings: Misallocation of Resources
Reading: Price Ceilings: Misallocation of Resources
Reading: Lesson 1 - Barriers to Trade & the Underground Economy
Reading: Lesson 2 - How the Government Controls What You Buy and Sell
Video: Comparative Advantage
Reading: Comparative Advantage Specialization and Gains from Trade
Reading: Lesson 3 - Limits on Trade across Borders
Reading: Lesson 4 - Government and the Labor Market
Video: Labor Market Failure
Reading: Labor Market Failure
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Day 81 - 90: Economic Inequality
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Video: How Economic Inequality Harms Societies | Richard Wilkinson
Video: The Mises View: "Income Inequality" | Joseph T. Salerno
Video: Causes of Inequality in Income Distribution
Reading: Causes of Inequality in Income Distribution
Reading: Lesson 1 - Facts about Inequality
Video: Equality of Opportunity
Reading: Equality of Opportunity
Reading: Lesson 2 - The Sources of Inequality
Reading: Lesson 3 - Income Inequality
Reading: Lesson 4 - Distributive Justice
Video: Equality of Resources and the Difference Principle
Reading: Equality of Resources and the Difference Principle
Reading: Lesson 5 - Government Policy
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Day 91 - 100: Business Regulation & International Trade
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Video: Consumer Product Regulation | Timothy Terrell
Video: The Common Law of International Trade and the Future of the WTO
Video: Monopoly and Antitrust Policy
Reading: Monopoly and Antitrust Policy
Reading: Lesson 1 - Antitrust Laws and Their Interpretation
Reading: Lesson 2 - Antitrust and Competitiveness in a Global Economy
Video: Sherman Antitrust Act
Reading: Sherman Anti-Trust Act
Reading: Lesson 3 - Regulation: Protecting People from the Market
Reading: Lesson 4 - International Trade Winds
Reading: Lesson 5 - The Gains from Trade
Reading: Lesson 6 - Two-Way Trade
Video: Free Trade vs Protectionism
Reading: Free Trade vs Protectionism
Reading: Lesson 7 - Restrictions on International Trade
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Day 101 - 110: Markets, Maximizers, and Efficiency
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Video: Myths of Market Failure | Thomas J. DiLorenzo
Reading: Lesson 1 - The Role of the Government in a Market Economy
Video: The Role of Government in a Mixed Market Economy
Reading: The Role of Government in a Mixed Market Economy
Reading: Lesson 2 - Financing Government
Reading: Lesson 3 - The Logic of Maximizing Behavior
Video: Taxation and Dead Weight Loss
Reading: Taxation and Dead Weight Loss
Reading: Lesson 4 - Maximizing in the Marketplace
Video: Maximizing Profit Under Competition
Reading: Maximizing Profit Under Competition
Reading: Lesson 5 - Market Failure
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Day 111 - 120: Perfect and Imperfectly Competitive Markets
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Video: Monopoly and Competition | Thomas J. DiLorenzo
Video: Perfect Competition in the Short Run
Reading: Perfect Competition in the Short Run
Reading: Lesson 1 - Perfect Competition: A Model
Reading: Lesson 2 - Output Determination in the Short Run
Reading: Lesson 3 - Perfect Competition in the Long Run
Reading: Lesson 4 - Monopolistic Competition: Competition Among Many
Video: Oligopoly, Duopoly and Collusion
Reading: Oligopoly, Duopoly, and Collusion
Reading: Lesson 5 - Oligopoly: Competition Among the Few
Video: Perfect Competition in the Long Run
Reading: Perfect Competition in the Long Run
Reading: Lesson 6 - Extensions of Imperfect Competition: Advertising and Price Discrimination
Final Assignment: Part One- Feedback Activity (6 Points)
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Day 121 - 150
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Day 151 - 180
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Open course index
Microeconomics
Video: Law of Supply
Video: Law of Supply
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