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Introduction to Economics - ECO105/3 Spring 2026
Course
Michael Fanta
For information about registration please contact our admissions.
Lessons
Here is the course outline:
1. Session 1 – Course Introduction, Supply and Demand
Feb 3 3pm .. 5:45pm, 2.19
Course description, Introduction to Supply, Demand, and Equilibrium |
2. Session 2 – Shifts of the supply and demand curve
Feb 10 3pm .. 5:45pm, 2.19
Shifts of the demand curve, normal goods vs. inferior goods, substitutes and complements, change in demand vs. change in quantity demanded. Shifts of the supply curve, change in supply vs. change in quantity supplied, consumer surplus and producer surplus |
3. Session 3 – Consumer Choice, Price Elasticity of Demand
Feb 17 3pm .. 5:45pm, 311
Consumer Choice, Price Elasticity of Demand and Its Applications |
4. Session 4 – Elasticity of Supply, The price system, Price ceilings, Price floors
Feb 24 3pm .. 5:45pm, 311
Elasticity of Supply, The price system, Price ceilings, Price floors |
5. Session 5 – Externalities and Trade
Mar 3 3pm .. 5:45pm, 311
Externalities and Introduction to trade |