1. |
Introduction |
Learn ten principles of economics |
70minutes |
Lean the relationship of economy and policies |
60minutes |
2. |
Interdependence and the gains from trade |
Learn what kind of benefit people gain from trade |
120minutes |
3. |
The market forces of supply and demand |
Learn how prices are determined in a market |
120minutes |
4. |
Supply, demand, and government policies |
Learn how price mechanisms are affected by price controls and taxes |
120minutes |
5. |
Consumers, producers, and the efficiency of markets |
Learn consumer and producer surplus |
120minutes |
6. |
Externalities |
Lean positive and negative externalities |
120minutes |
7. |
Mid-term exam an wrap up of the first half |
Review the contents of the first half |
600minutes |
8. |
Measuring a nation's income |
Learn how to calculate GDP |
120minutes |
9. |
Measuring the cost of living |
Learn consumption price index |
120minutes |
10. |
Production and growth |
Learn what determines productivity |
120minutes |
11. |
Saving, investment, and the financial system |
Learn saving, investment, and the system that coordinate them |
120minutes |
12. |
Aggregate demand and aggregate supply |
Learn how to analyze short-term economic fluctuations |
120minutes |
13. |
Open-economy macroeconomics: basics |
Learn international flows of goods and capital |
120minutes |
14. |
Final exam and wrap up of the second half |
Review the contents of the second half |
600minutes |
Total. |
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2650minutes |