Course SummaryThis course covers the major topics of standard microeconomic theory. For students interested in studying economics further, this course offers a thorough grounding in the basic tools used throughout economic studies. The course emphasizes intuitive explanations as well as mathematical justifications. This course is also useful for students studying other fields who want to understand the basic economics approach to addressing problems. It will provide familiarity with the language and discourse of economics and allow students to understand economic analyses of issues in other fields. This course is taught in University of California, Berkeley by Prof. Gordon Rausser. The lectures are with audio only but they are accompanied by good sets of lecture slides.
By the end of the course, students should know the basic theory, models, and results of the topics covered. They should be able to use this knowledge to answer questions and analyze real-world situations. They should also be able to identify which theory or model is appropriate to analyze a particular question and explain why their answers are correct in intuitive, as well as mathematical, terms.
(Note: Only audio recordings of the lectures are available)
Reading Material1. Textbook (Berkeley Econ 100A): Microeconomics, 6th edition
Robert S. Pindyck and Daniel L. Rubinfeld, Microeconomics, 6th edition, Pearson Prentice-Hall, 2005. (Click the image below for the link to 2008 edition)
Course MaterialNot available.
Other Resources1. Reference book: Principles of Microeconomics
Principles of Microeconomics, Libby Rittenberg (Colorado College), Timothy Tregarthen (University of Colorado), published by Flat World Knowledge, April 2009, ISBN 0-9820430-3-1, 978-0-9820430-3-5.
This is a new version of Tim Tregarthen’s highly-acclaimed book on Principles of Microeconomics revised together with Libby Rittenberg and is published by Flat World Knowledge. The online version is free and is professionally formatted for easy reading online. The book can be accessed at the link above.
2. Reference book: Introduction to Economic Analysis
Introduction to Economic Analysis , R. Preston McAfee (CalTech), Tracy R. Lewis (Duke University), published by Flat World Knowledge, March 2009, ISBN 0-9820430-9-0, 978-0-9820430-9-7.
This book contains standard intermediate microeconomics material and some material that, in the authors' view, ought to be standard but is not. The focus of this book is on the conceptual tools and not on fluff. As such, it reflects the approach actually adopted by the majority of economists for understanding economic activity. The online version of the book is available for free access at the above link.