Principles of Microeconomics Theory (ECON 1123)
University of Oklahoma - Norman | Fall 2026-present | In person
The objective of this course is to introduce students to basic microeconomic concepts and prepare them for future economic classes. By the end of this class, students should be able to understand microeconomic theory and its applications, prepare and understand basic equilibrium graphs, relate economic topics to real world situations, and explain economic principles.
Microeconomics studies how individuals and firms make decisions under scarcity and how markets coordinate those decisions. Students use supply and demand, elasticity, marginal analysis, and market-equilibrium tools to analyze real-world policy and business questions.
Elements of Statistics (ECON 2843)
University of Oklahoma - Norman | Fall 2024
This is an introductory statistics course, which surveys basic statistical techniques with particular emphasis on business and economic applications. The learning objective of this course is to improve students' analytical skills in understanding and employing descriptive and inferential statistics.
We begin by learning how to describe data. We then study applied probability theory, which provides the foundation for statistical inference. The course then covers confidence intervals, hypothesis testing, and analysis of variance, giving students tools for using sample data to draw conclusions about population parameters.
Intermediate Microeconomic Theory (ECON 3113)
University of Oklahoma - Norman | Summer 2024
The objective of this course is to introduce students to more advanced microeconomic concepts. We develop price theory, preferences and utility, constrained optimization and duality, production and cost, partial and general equilibrium, and the welfare theorems, with applications to taxes, externalities, and market power. By the end, students can set up and solve optimization problems, perform comparative statics, and evaluate efficiency and policy outcomes in real markets.
Microeconomics examines how people and firms make choices under scarcity and how markets coordinate those choices. We use tools like supply and demand, elasticity, and marginal analysis to analyze real policies and market outcomes, including taxes, externalities, and market power.
Principles of Microeconomics Theory (ECON 1123)
University of Oklahoma - Norman | Fall 2023
The objective of this course is to introduce students to basic microeconomic concepts and prepare them for future economic classes. By the end of this class, students should be able to understand microeconomic theory and its applications, prepare and understand basic equilibrium graphs, relate economic topics to real world situations, and explain economic principles.
Microeconomics is a branch of economics that studies the behavior of individuals and businesses and how decisions are made based on the allocation of limited resources. Microeconomics examines how these decisions and behaviors affect the supply and demand for goods and services, which determine the prices we pay.
Principles of Macroeconomics Theory (ECON 1113)
University of Oklahoma - Norman | Summer 2023
The objective of this course is to introduce students to basic macroeconomics concepts and prepare them for future economic classes. By the end of this class, students should be able to understand and explain basic macroeconomic concepts and basic elements of how the economy in the United States is structured, apply economics to current events, and distinguish between correct and incorrect economic logic.
Macroeconomics focuses on economic outcomes at the national level. Questions such as why some countries are rich while others are poor, or why some economies grow rapidly while others stagnate, are best addressed after learning a set of tools for understanding aggregate economic outcomes.