- Course type: Self-paced
- Available Lessons: 69
- Average Lesson Length: 8 min
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Watch a preview:chapter 1 / lesson 1What is Economics? - Definition & Types
Course SummaryThis Principles of Microeconomics Syllabus Resource & Lesson Plans course is a fully developed resource to help you teach microeconomics. You can easily adapt the video lessons, transcripts, and quizzes to take full advantage of the comprehensive and engaging material we offer. Make planning your course easier by using our syllabus as a guide.
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7 chapters in Principles of Microeconomics Syllabus Resource & Lesson Plans
Course Practice TestCheck your knowledge of this course with a 50-question practice test.
- Comprehensive test covering all topics
- Detailed video explanations for wrong answers
How It Works
You can use this microeconomics course as a template for designing and implementing your course. Here are the key components of the course and how you can use them:
- Chapters - Each chapter covers a unit of microeconomics, from a definition of economics and an overview at the history of economics to anti-trust legislation and government regulations. Use these chapters as mile markers as you map out your course. We recommend planning to spend a week on each chapter, but you can always allocate the chapters according to the length of your specific microeconomics course.
- Lessons - Within each chapter are video lessons that further break down topics into bite-sized chunks. These lessons cover single topics like market equilibrium or utility maximization. Each one is often appropriate for a single class.
- Key Terms - Within each lesson are key terms. These are emphasized on screen and in the transcript. As you develop your syllabus, these key terms help you focus on the most important learning objectives. For example, the lesson on price elasticity of demand includes key terms like law of demand, elastic, inelastic and unitary elastic.
As you work on your microeconomics lesson plans, save time by incorporating video lessons from this resource. Here's how:
- Introduce Topics - Your students will be in the right mindset for understanding topics like the labor market if you begin class with a short video. It can be a jumping-off point for a lecture, group activity or class discussion.
- Break Up Lectures - The video format, which often includes animation, helps students visualize topics like the law of diminishing marginal returns and calculations with the market demand curve.
- Assign For Homework - Each lesson in the course, from common logic pitfalls in economics to economies of scale, can be assigned to your students as homework.
Each video lesson includes a complete transcript. You can utilize these transcripts in several ways:
- Lecture Notes - Do you need a guide as you plan a lecture, such as one on anti-trust laws or assumptions regarding consumers? The transcripts cover each topic in depth, with key terms highlighted for quick reference.
- Student Reading - Perhaps you'd like your students to learn about the differences between micro- and macroeconomics, but you don't have class time available. Assign the transcript as extra reading.
- Study Tools - When it's time for a unit exam on supply and demand, you can point your students to the transcripts on the concept of ceteris paribus, shifts in the supply and demand curves, shortages and surpluses, and controlling supply to help them study.
Each video lesson has a corresponding quiz. Here's how to use the quizzes:
- Homework - Assign a quiz to your students as homework. You'll receive an email with the results, which enables you to verify they've completed the assignment and that they've understood the material. Questions cover everything from the U.S. tax code to key facts, like the definition of market forces.
- Tests - You can meld the material in the quizzes into your own student assessments, saving you valuable time. Need a few questions on consumer behavior? There are plenty!
- Discussions - Jump-start a discussion with questions like: How do trade barriers influence demand?
Below is a sketch of the microeconomics syllabus modeled on a 7-week course. This sample can be adapted based on your course schedule. Navigate the chapters and lessons for more detail.
|Week||Unit||Sample of Topics Covered|
|Week 1||Introduction to Microeconomics||Definition of economics, the economic man, economic models and how they are used|
|Week 2||Supply and Demand in Microeconomics||Ceteris paribus, supply and demand curves, price ceilings and floors, elasticity of supply|
|Week 3||Consumer Behavior and Microeconomics||The consumer, individual and market demand curves, consumer theories, budget lines|
|Week 4||Producers in Microeconomics||Short-run production, law of diminishing marginal returns, product and cost curves, economies of scale|
|Week 5||Market Structures in Economics||Perfect competition, oligopolies, major world economic powers, game theory|
|Week 6||Scarce Economic Resource Markets||Definition of a resource market, market forces that influence supply and demand, land and natural resources|
|Week 7||Government Issues in Microeconomics||Trade barriers, taxes, anti-trust regulation, government regulation on the economy|
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