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..
The role of "first principles" in the study of economics.
Unit 2 - Profit
The various perspectives on competition, property rights, and profit.
Unit 3 - Four Economic Laws
An overview of four major economic laws or principles: choice, scarcity, non-linearity, and incentives.