The Award In Education & Training Level 3 - Free Trial
Capitalism: Success, Crisis, and Reform
Different dates available
Quantitative and model-based introduction to basic ideas in economics, and applications to a wide range of real world problems.
With this course you earn while you learn, you gain recognized qualifications, job specific skills and knowledge and this helps you stand out in the job market.
Different dates availableNow taking bookings
To take into account
Good understanding of basic (univariate) calculus.
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This course provides a quantitative and model-based introduction to basic economic principles, and teaches how to apply them to make sense of a wide range of real world problems. Examples of applications include predicting the impact of technological changes in market prices, calculating the optimal gasoline tax, and measuring the value of new products. This is a real Caltech class. It will be taught concurrently to Caltech and on-line students. This has two implications. On the costs side: the class is challenging, makes extensive use of calculus, and will demand significant effort. On the benefit side: successful completion of the class will provide you with an in-depth understanding of basic economics, and will permanently change the way you see the world.
Teacher:Antonio Rangel Antonio is the Bing Professor of Neuroscience, Behavioral Biology and Economics at Caltech. His laboratory studies the computational and neurobiological basis of simple choice (e.g., apple or orange?), self-control problems (e.g., apple or cake?) and altruistic behavior (e.g., new car or charity?). He is passionate about teaching principles of economics, which he has done since his graduate student days. Teacher:Liam Clegg Liam Clegg is a third year PhD student at Caltech, studying behavioral economics and game theory. He fell in love with the economist's way of thinking after taking an introductory economics course over a decade ago. He is usually overdressed.