In this course, following MRU's Principles of Microeconomics course, you’ll continue to explore the economic way of thinking and the role of incentives in all of our lives. We’ll cover fundamental questions such as: Why do some countries grow rich while others remain poor? How important is a country’s [...]
By taking this free microeconomics course, you’ll be exposed to the economic way of thinking. You’ll understand how to use economics in your life and, ultimately, see the world differently. Supply and demand, prices, the invisible hand, trade, monopoly, externalities, wages, public goods, asymmetric info, and [...]
What role does economics play in your day-to-day life? You might be surprised to find that economics is a big part of nearly everything you do! Everyday Economics explores just that — how the “big ideas” from economics relate to everyday topics.
Economic theory must distinguish between publicly owned and privately owned property if it is to account for the effect of institutions on the behavior of individuals. Careful study of the theories of Marxists and the real-world experience in the Soviet economy offer important lessons and insight for economic modeling [...]
International finance covers some of the most complex but also important topics in economics. How are exchange rates determined? When if ever are ongoing trade deficits harmful? Are fixed or floating exchange rates better? What are the roots of the euro crisis and what resolution can we expect? Does [...]
This free video course takes a look at the basic theories of international trade and the consequences of trade in today's global economy. You'll have the opportunity to learn more about fundamental ideas such as comparative advantage, increasing returns to scale, factor endowments, and arbitrage across borders. [...]
What's the future of the European Union and the Euro? The Eurozone Crisis is one of the most important issues in the world today. In this free three week mini-course, we cover both the institutions that make up the European Union and the underlying economics that are behind the crisis.