| − | This is a 14-week course. These lectures are self-explanatory and no textbook is required. This course covers all the material in a standard microeconomics course, including supply and demand, elasticity, comparative advantage, opportunity cost, marginal revenue and marginal cost, utility, government regulation, and even more sophisticated concepts like the Coase Theorem, Giffen goods, and the social loss imposed by a monopoly. | + | This is a 14-week course. These lectures are self-explanatory and no textbook is required. This course covers all the material in a standard [[microeconomics]] course, including supply and demand, elasticity, comparative advantage, [[opportunity cost]], marginal revenue and marginal cost, [[utility]], government regulation, and even more sophisticated concepts like the [[Coase Theorem]], [[Giffen good]]s, and the social loss imposed by a [[monopoly]]. |
| | Among over 70 students who have taken this course, 100% of those who took the [[CLEP]] exam passed it to qualify for college credit. | | Among over 70 students who have taken this course, 100% of those who took the [[CLEP]] exam passed it to qualify for college credit. |