Brad Cartwright Microeconomics

A Course Designed to Give You a Better Understanding of the World Around You--Perfect for University and Adult Learners!

Last updated 2022-01-10 | 4.6

- A love of Economics that I hope is contagious!
- This Course is an Ideal Companion to any Introductory Economics Class in the World
- A thorough understanding of the main principles of Microeconomics

What you'll learn

A love of Economics that I hope is contagious!
This Course is an Ideal Companion to any Introductory Economics Class in the World
A thorough understanding of the main principles of Microeconomics
A thorough understanding of Demand
Supply and Market Equilibrium
A thorough understanding of Elasticities and their importance to Producers and Governments
A thorough understanding of Government Intervention - Indirect Taxes
Per-Unit Subsidies
and Price Controls
A thorough understanding of Market Failure - Goods that have negative or positive impacts on third parties
A better understanding of Global Politics - as Economics is the backbone of all political thought

* Requirements

* No requirements--Just a curious mind and an interest in the world around you!

Description

This Microeconomics course is ideal for anyone interested in gaining a further understanding of the world you!  Economics is the study of human behavior and how we act in an economic setting, but more than that it provides us with a better understanding of global politics and the tensions between nations today.

Complete with over 80+ video lessons and downloadable notes, the course covers:

  • Introduction to Economics

  • Demand and Supply

  • Market Equilibrium

  • Elasticities

  • Government Intervention

  • Market Failure

  • And a love of Economics that I hope is contagious!

I teach Economics because it fascinates me. Because it is the study of human behavior. Economics isn’t about data and graphs and problem sets. It is the study of people and their story and their history and the forces of society that we are born into. It provides us with an understanding of ourselves. It is not hyperbole to say that a thorough understanding of economics enables us to better understand the human condition. I truly believe that.

As a former Peace Corps Volunteer, a graduate of Duke University, and someone who has been fortunate enough to have traveled to over 55 countries around world, you will see how those experiences shape my teachings of Economics. Economics is the study of human behavior; and it is as a result of that behavior that economists have something to put into data charts and diagrams to study. Don't ever forget that!

I am looking forward to being a part of your studies if Microeconomics!

Who this course is for:

  • All people of all ages interested learning about the Economics
  • University Students
  • IB Economics Students
  • AP Economics Students
  • A-Level Economics Students
  • And ESPECIALLY adults who had a horrible Economics teacher in university!

Course content

7 sections • 62 lectures

Welcome to Microeconomics! Introduction and Overview of Course Preview 17:06

Lesson 1: Introduction to the Foundations of Economics Preview 08:44

Lesson 2: Scarcity, Choice, Opportunity Cost, and Utility Preview 09:09

Lesson 3: The Basic Economic Problem Preview 04:17

Lesson 4: The Factors of Production Preview 10:02

Lesson 5: Production Possibility Curve Preview 16:44

Lesson 6: Microeconomics and Macroeconomics Preview 05:30

Lesson 7: Positive and Normative Economics Preview 04:15

Lesson 8: Rational Economic Thinking Preview 04:04

Lesson 9: Model Building Preview 04:16

Study Break! Preview 01:52

Lesson 10: The Circular Flow of Income Model Preview 18:56

Lesson 11: Free Market vs Planned Economies Preview 12:09

Lesson 12: Economic Growth vs Economic Development Preview 09:37

Lesson 1: Introduction to Demand, Supply, and Market Equilibrium Preview 03:50

Lesson 2: The Law of Demand Preview 12:10

Lesson 3: The Determinants of Demand Preview 12:32

Lesson 4: The Law of Supply Preview 04:52

Lesson 5: The Determinants of Supply Preview 08:49

Lesson 6: The Rule of 11: The Basic Demand and Supply Diagram Preview 08:09

Study Break! Preview 01:17

Lesson 7: Market Equilibrium Preview 08:20

Lesson 8: The Effects of Shifts of Demand and Supply Preview 06:51

Lesson 9: The Role of Price Mechanism Preview 04:32

Lesson 10: Market and Allocative Efficiency Preview 19:57

Lesson 11: Closing Remarks on Demand, Supply, and Market Equilibrium Preview 02:14

Lesson 1: Elasticities: Introduction and Overview Preview 08:15

Lesson 2: Price Elasticity of Demand (PED) Preview 14:29

Lesson 3: Price Elasticity of Demand: Applications Preview 05:32

Lesson 4: Price Elasticity of Demand: The Diagram Preview 13:12

Lesson 5: Price Elasticity of Demand: Determinants Preview 10:27

Lesson 6: Cross Elasticity of Demand (XED) Preview 13:29

Lesson 7: Income Elasticity of Demand (YED) Preview 13:21

Lesson 8: Price Elasticity of Supply (PES) Preview 12:52

Study Break! Preview 00:59

Lesson 9: Price Elasticity of Supply: Applications Preview 04:07

Lesson 10: Price Elasticity of Supply: Determinants Preview 10:08

Lesson 11: Closing Remarks on Elasticity Preview 02:04

Lesson 1: Introduction to Government Intervention Preview 04:12

Lesson 2: Indirect Taxes Preview 10:26

Lesson 3: Indirect Tax Diagram Preview 17:42

Lesson 4: Per-Unit Subsidies Preview 08:27

Lesson 5: Per-Unit Subsidy Diagram Preview 13:11

Study Break! Preview 01:24

Lesson 6: Price Controls: Introduction Preview 02:53

Lesson 7: Price Ceiling Diagram Preview 09:35

Lesson 8: Price Floor Diagram Preview 10:45

Lesson 9: Closing Remarks on Government Intervention Preview 01:41

Lesson 1: Introduction to Market Failure Preview 09:00

Lesson 2: Market and Allocative Efficiency Preview 08:51

Lesson 3: Market Failure Base Diagram Preview 07:43

Lesson 4: Negative Externality of Consumption: The Diagram Preview 08:21

Lesson 5: Negative Externality of Consumption: The Solutions Preview 10:40

Lesson 6: Negative Externality of Production: The Diagram Preview 07:01

Lesson 7: Negative Externalities of Production: The Solutions Preview 10:04

Lesson 8: Positive Externality of Consumption: The Diagram Preview 06:19

Lesson 9: Positive Externality of Consumption: The Solutions Preview 07:33

Lesson 10: Positive Externality of Production: The Diagram Preview 04:28

Lesson 11: Positive Externality of Production: The Solutions Preview 05:29

Lesson 12: Common Access Resources Preview 07:47

Lesson 13: Closing Remarks on Market Failure Preview 02:13