Microeconomics

Many students who take introductory economics course have difficulty seeing the relevance of the key concepts of opportunity cost, trade-off, scarcity, demand, and supply to their lives and their careers. This reduces the willingness of many students to prepare for class and activities to be engaged during the class. With this course, we show the students how to apply economic thinking through three unifying themes (optimization, equilibrium, and empiricism) creatively to improve their work, their choices and their daily lives.