In this course, you will learn all of the major principles of microeconomics normally taught in a quarter or semester course to college undergraduates or MBA students.
Perhaps more importantly, you will also learn how to apply these principles to a wide variety of real world situations in both your personal and professional lives. In this way, the Power of Microeconomics will help you prosper in an increasingly competitive environment.
Note that this course is a companion to the Power of Macroeconomics. If you take both courses, you will learn all of the major principles normally taught in a year-long introductory economics college course.
UC Irvine’s OCW is a Web-based publication of the courses and course materials that support higher education. Educators are encouraged to use the materials for curriculum development, while students can augment their current learning by making use of the materials offered, and self-learners are encouraged to draw upon the material for self-study or supplementary use. Course materials offered on the UC Irvine Web site typically may be used, copied, distributed, translated and modified, but only for non-commercial educational purposes that are made freely available to other users. Each course shows its own license provisions, so please check carefully.
In the openly licensed format, UCI contributes to global education at no marginal cost to itself beyond the already completed filming. Our own students also benefit by being able to review presentations and because it is available on YouTube, we don’t have to worry about maintaining it on course pages behind password protection. By making it open, another institution or professor can use some or all of the video presentations without even having to contact us for permission. So we are fulfilling the mission of a land-grant, public university effectively and efficiently.