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Coursera - Principles of Economics for Scientists (Caltech)

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 							About the Course
  
  The impact of economic forces in our
lives is sizable and pervasive. For this reason, it is impossible to understand the social and economic forces shaping
our lives without a good understanding of basic economic principles. This course provides a quantitative and model-based
introduction to such principles, and teaches how to apply them to make sense of a wide range of real world problems.
Examples of applications include predicting the impact of technological changes in market prices, calculating the
optimal gasoline tax, and measuring the value of new products.
  
  This is a real Caltech class. It will be
taught concurrently to Caltech and on-line students. This has two implications. On the costs side: the class is
challenging, highly quantitative, and will demand significant effort. On the benefit side: successful completion of the
class will provide you with an in-depth understanding of basic economics, and will permanently change the way you see
the world.
  
  Course Syllabus
  
  Week 1. Principles
of optimizing behavior.
  Week 2. Consumer Theory.
  Week 3. Producer Theory.
  Week 4. Outcome of
competitive markets. 
  Week 5. Effects of government intervention in competitive markets: taxes and regulation.

  Week 6. Imperfect competition 1: monopolistic markets.
  Week 7. Imperfect competition 2: oligopoly and
monopolistic competition.
  Week 8. Externalities with and without government intervention.
  Week 9. Markets
with asymmetric information.
  
  Recommended Background
  
  A strong quantitative background, and basic (univariate) calculus (equivalent of Caltech’s Math 1a).
 

  I do not own these. All rights go to respective university and Coursera. 						

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