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Part 1 Micro-lectures

Part 1: Economics and Individuals

These videos that accompany the PowerPoint presentations. You can watch them, listen to them in MP3 format, or read the text.

Unit 1 - Introduction to Economics and People

The importance of the role of choice in the study of economics..

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The role of "first principles" in the study of economics.

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Unit 2 - Profit

The various perspectives on competition, property rights, and profit.

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Unit 3 - Four Economic Laws

An overview of four major economic laws or principles: choice, scarcity, non-linearity, and incentives.

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