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2025 Spring

INTRODUCTION TO ECONOMIC THOUGHT - ECO105/1 Spring 2025


Course
Jan Vasenda
For information about registration please contact our admissions.

Lessons

Here is the course outline:

1. Lesson 1

Feb 3

Course Introduction

2. Lesson 2

Feb 5

Supply, Demand, and Equilibrium

3. Lesson 3

Feb 10

Supply, Demand and Equilibrium

4. Lesson 4

Feb 12

Supply, demand, and equilibrium

5. Lesson 5

Feb 17

Consumer Choice

6. Lesson 6

Feb 19

Price Elasticity of Demand and Its Applications

7. Lesson 7

Feb 24

The Price System, Price Ceilings and Price Floors

8. Lesson 8

Feb 26

Price System, Price Ceilings and Price Floors (part 2)

9. Lesson 9

Mar 3

Trade: Absolute and Comparative Advantage

10. Lesson 10

Mar 5

Trade – Absolute and Comparative Advantage (part 2)

11. Lesson 11

Mar 10

Costs and Profit Maximization Under Competition

12. Lesson 12

Mar 12

Profit maximizing under competition

13. Lesson 13

Mar 17

Monopoly and price discrimination

14. Lesson 14

Mar 19

Mid-term exam

15. Session 15

Mar 31

Mid-term exam reflection

16. Lesson 16

Apr 2

Labor Markets

17. Lesson 17

Apr 7

Gross Domestic Product (GDP)

18. Lesson 18

Apr 9

Wealth of Nations and Economic Growth

19. Lesson 19

Apr 14

Unemployment and Labor Force Participation

20. Lesson 20

Apr 16

Unemployment and Labor Force Participation (part 2)

21. Lesson 21

Apr 23

Inflation and Quantity Theory of Money

22. Lesson 22

Apr 28

Inflation and Quantity Theory of Money (part 2)

23. Lesson 23

Apr 30

Business Fluctuations, Aggregate Supply and Demand

24. Lesson 24

May 5

Business Fluctuations, Aggregate Supply and Demand (part 2)

25. Lesson 25

May 7

Monetary Policy and the Federal Reserve

26. Lesson 26

May 12

Monetary Policy and the Federal Reserve (part 2)

27. Lesson 27

May 14

Fiscal Policy

28. Lesson 28

May 19

Final Exam

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