About this Course

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Learner Career Outcomes

50%

got a tangible career benefit from this course
Shareable Certificate
Earn a Certificate upon completion
100% online
Start instantly and learn at your own schedule.
Flexible deadlines
Reset deadlines in accordance to your schedule.
Approx. 8 hours to complete
English
Subtitles: English

Learner Career Outcomes

50%

got a tangible career benefit from this course
Shareable Certificate
Earn a Certificate upon completion
100% online
Start instantly and learn at your own schedule.
Flexible deadlines
Reset deadlines in accordance to your schedule.
Approx. 8 hours to complete
English
Subtitles: English

Offered by

University of Rochester logo

University of Rochester

Syllabus - What you will learn from this course

Week
1

Week 1

2 hours to complete

Week 1 - Supply and Demand

2 hours to complete
9 videos (Total 71 min), 1 reading, 1 quiz
9 videos
Some Preliminaries About Microeconomics 9m
Basic Assumptions About Market Participants2m
Opportunity Cost 10m
Sunk Costs/Benefits 10m
Production Possibility Frontier (PPF) 8m
The Determinants of Demand 13m
The Determinants of Supply 7m
Market Equilibrium 3m
1 reading
Syllabus10m
1 practice exercise
Week 1 Quiz40m
Week
2

Week 2

2 hours to complete

Week 2 - Supply and Demand

2 hours to complete
8 videos (Total 86 min)
8 videos
Predicting and Explaining Market Outcomes 11m
Government Intervention in Markets: Price Ceilings 15m
Price Elasticity of Demand and it's Relationship to Total Expenditure15m
Calculating and Applying Price Elasticity of Demand9m
Determinants of Elasticity of Demand5m
Three Other Elasticities 5m
Sharpening your Understanding of Price Elasticity of Demand and Supply 10m
1 practice exercise
Week 2 Quiz40m
Week
3

Week 3

2 hours to complete

Week 3 - Consumer Choice

2 hours to complete
9 videos (Total 74 min)
9 videos
Consumer Preferences 9m
Sharpening Your Understanding of Indifference Curves 6m
The Budget Constraint10m
The Consumer’s Optimal Choice 14m
Changes in Income and Consumption Choices6m
Accounting for Altruism 5m
Price Changes and Consumption Choices 8m
From Individual to Market Demand 3m
1 practice exercise
Week 3 Quiz40m
Week
4

Week 4

2 hours to complete

Week 4 - Consumer Choice and the Benefits of Exchange

2 hours to complete
9 videos (Total 67 min)
9 videos
The Price-Consumption Curve and Elasticity of Demand 6m
Excise Subsidies - Health Care and Consumer Welfare 9m
Analyzing ObamaCare I 9m
Analyzing ObamaCare II 6m
Analyzing School Choice I 6m
Analyzing School Choice II 6m
Investor Choice 4m
Efficiency in the Distribution of Goods 7m
1 practice exercise
Week 4 Quiz40m

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