Introduction to Economic Thought - ECO105/2 Fall 2025
Course

Lessons
Here is the course outline:
1. Lesson 1
Sep 5
Course Introduction |
2. Lesson 2
Sep 7
Supply, Demand, and Equilibrium |
3. Lesson 3
Sep 12
Supply, Demand and Equilibrium |
4. Lesson 4
Sep 14
Supply, demand, and equilibrium |
5. Lesson 5
Sep 19
Consumer Choice |
6. Lesson 6
Sep 21
Price Elasticity of Demand and Its Applications |
7. Lesson 7
Sep 26
The Price System, Price Ceilings and Price Floors |
8. Lesson 8
Sep 28
Price System, Price Ceilings and Price Floors (part 2) |
9. Lesson 9
Oct 3
Trade: Absolute and Comparative Advantage |
10. Lesson 10
Oct 5
Trade – Absolute and Comparative Advantage (part 2) |
11. Lesson 11
Oct 10
Costs and Profit Maximization Under Competition |
12. Lesson 12
Oct 12
Profit maximizing under competition |
13. Lesson 13
Oct 17
Monopoly and price discrimination |
14. Lesson 14
Oct 19
Mid-term exam |
15. Session 15
Oct 31
Mid-term exam reflection |
16. Lesson 16
Nov 2
Labor Markets |
17. Lesson 17
Nov 9
Gross Domestic Product (GDP) |
18. Lesson 18
Nov 9
Wealth of Nations and Economic Growth |
19. Lesson 19
Nov 14
Unemployment and Labor Force Participation |
20. Lesson 20
Nov 16
Unemployment and Labor Force Participation (part 2) |
21. Lesson 21
Nov 23
Inflation and Quantity Theory of Money |
22. Lesson 22
Nov 28
Inflation and Quantity Theory of Money (part 2) |
23. Lesson 23
Nov 30
Business Fluctuations, Aggregate Supply and Demand |
24. Lesson 24
Dec 5
Business Fluctuations, Aggregate Supply and Demand (part 2) |
25. Lesson 25
Dec 7
Monetary Policy and the Federal Reserve |
26. Lesson 26
Dec 12
Monetary Policy and the Federal Reserve (part 2) |
27. Lesson 27
Dec 14
Fiscal Policy |
28. Lesson 28
Dec 19
Final Exam |