The Basic Core
Observing and Explaining the Economy
The Supply and Demand Model
Using the Supply and Demand Model
The Competitive Equilibrium Model
Market Equilibrium and Efficiency
Firms and Industries Changing Over Time
Cost and Changes at Firms Over Time
The Rise and Fall of Industries
Deviations from Competition
Monopoly and Market Power
Between Monopoly and Competition
Antitrust Policy and Regulation
The Labor Supply and Demand Model
Labor Model Cont. – Min. Wage and Discrimination
Key Economic Policy Issues
Taxes, Transfers and Income Distribution
Public Goods and Externalities
Government Failure and Success
Financial and Capital Markets
Markets for Physical Capital
Financial Markets: Risk and Return
Macro Facts and Measures
Getting Started with Macroeconomic Ideas
Measuring Production, Income and Spending of Nations
Long Run Macro
Determining Consumption, Investment and Govt. Shares
Employment and Unemployment
Productivity, Economic Growth and Determining Factors
A Look at Money, Inflation and the Fed
Short Run Macro
Introduction to Economic Fluctuations
Economic Fluctuations Model
Using the ADIA Model
Macro Policy Issues
Intro to Macroeconomic Policy
Monetary Policy Analysis
International Economic Issues
Gains from Trade
International Trade Policy – Tariffs and Quotas
Frequently Asked Questions
Is a textbook required for this course?
No. There is a strongly recommended textbook, but it is not required. The textbook is Principles of Economics, Version 8.0 by John B. Taylor and Akila Weerapana. The online version can be purchased here for $39.95.
Will I receive Stanford credit for this course?
No, but you can receive a Statement of Accomplishment.
Can I receive a statement of accomplishment for this course?
Yes. If you receive a 50% or better you will receive a Statement of Accomplishment. If you receive a 75% or better you will receive a Statement of Accomplishment with Distinction. You must complete this requirement by Sept. 18, 2017. No matter which option you choose, getting through the requirement is a major accomplishment!
Can I start the course after July 17, 2017 and still get a Statement of Accomplishment?
Yes, as long as you receive 50% of better you will receive a Statement of Accomplishment. If you receive a 75% or better you will receive a Statement of Accomplishment with Distinction. You must complete this requirement by Sept. 18, 2017.
Is there a deadline to complete the quizzes within the course?
The quizzes can be completed any time before Sept. 18, 2017.
John B. Taylor
John B. Taylor is the George P. Shultz Senior Fellow in Economics at the Hoover Institution and the Mary and Robert Raymond Professor of Economics at Stanford University. He was previously the director of the Stanford Institute for Economic Policy Research and was founding director of Stanford's Introductory Economics Center. He has a long and distinguished record of public service. Among other roles, he served as a member of the President’s Council of Economic Advisors from 1989 to 1991 and as Under Secretary of the Treasury for International Affairs from 2001 to 2005.
Tram is a PhD student in Economics, and has two years of experience as a Teaching Assistant for Introductory Economics at Stanford.
Oriol is a PhD student in Economics, and has three years of experience as a Teaching Assistant for Introductory Economics at Stanford.