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ECO 220 Principles of Microeconomics Sec 1, 2 Spring 2023
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Syllabus ECO 220 - Spring 2023
5 February - 9 February
Chapter I-I Introduction: What is Economics? (updated)
Basic Economic Problem: Scarcity
YouTube: Ludwick Marishane A bath without water
Pre-recorded lecture Chapter I-I
Pre-recorded lecture Chapter I-II
Chapter I: Economic Problem
Chapter I (Appendix): Graph in Economics
12 February - 16 February
Chapter i- Review Questions
Chapter I-II Economic Problem, Production Possibilities, Opportunity Costs
Questions PPC model
Pre-Recorded-video lecture Chapter I-II (Production possibilities curve)
Pre-Recorded-video (Production Possibilities Curve Questions and Answers)
19 February - 23 February
Chapter II: The Economic Systems and the Circular Flow
Economic systems- Terms
Economic systems handout (discussion)
Economic systems (comparison)
Pre-recorded lecture Chapter I-Appendix
26 February - 2 March
Circular Flow Model- Questions
Chapter III- Demand, Supply and Equilibrium
Pre-recorded lecture-Chapter III-Demand and Determinants of Demand
5 March - 9 March
Demand and Supply Questions (Solving)
Pre-recorded lecture-Chapter III- Supply and Determinants of Supply
Pre-recorded lecture- Market Equilibrium (Demand and Supply)
QUESTIONS FOR PRACTICE- Economics definitions
QUESTIONS FOR PRACTICE- Production Possibilities Curve
QUESTIONS FOR PRACTICE- Demand and Supply
12 March - 16 March
Chapter IV- Elasticity
Pre-recorded Chapter 4: Elasticity of Demand
Pre-recorded Chapter 4: Elasticity of Supply
Chapter IV-Elasticity_Questions
26 March - 30 March
Chapter 5 - Market Failure
Chapter X: (Part I) Businesses and the Costs of Production
(YouTube) Cost of production: Economic costs
(YouTube) Law of diminishing returns: The production function
(Pre-recorded lecture)-Chapter X (Part I): Businesses and the Costs of Production
Questions - (Economic Profit-Accounting Profit)
Solved questions (Costs of production)
2 April - 6 April
9 April - 13 April
16 April - 20 April
23 April - 27 April
30 April - 4 May
7 May - 11 May
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ECO 220
Summary
ECO 220 Principles of Microeconomics Sec 1, 2 Spring 2023
Teacher:
Ramazan Uctu
Skill Level
:
Beginner