# Principles of Economics

The course objective is to provide students with an introduction to Economics and the Economic way of thinking. At the end of the course the student should have a basic understanding of how people make decisions, how people interact, and how the economy as a whole works. This course will provide a framework for viewing and interpreting the economic world.
The course is built around Gregory Mankiw's Principles of Economics but also draws knowledge and examples from other sources including the wikibook textbook Principles of Economics.

## Lectures

* Lecture I: 10 Principles of Economics
    Key Terms:
    Practice Problems: /Practice Problems#Principles of Economics
    Solutions: /Solutions#Principles of Economics
* Lecture II: Thinking Like an Economist
    Key Terms:
    Practice Problems: /Practice Problems#Thinking Like an Economist
    Solutions: /Solutions#Thinking Like an Economist
* Lecture III: Opportunity Cost
    Key Terms:
    Practice Problems: /Practice Problems#Opportunity Cost
    Solutions: /Solutions#Opportunity Cost
* Lecture IV: Supply and Demand
    Key Terms:
    Practice Problems: /Practice Problems#Supply and Demand
    Solutions: /Solutions#Supply and Demand
* Lecture V: Elasticity, Consumers, Producers, and Market Efficiency
    Key Terms:
    Practice Problems: /Practice Problems#Elasticity, Consumers, Producers, and Market Efficiency
    Solutions: /Solutions#Elasticity, Consumers, Producers, and Market Efficiency
* Lecture VI: The Labor Market and Unemployment
    Key Terms:
    Practice Problems: /Practice Problems#The Labor Market and Unemployment
    Solutions: /Solutions#The Labor Market and Unemployment
* Lecture VII: Trade
    Key Terms:
    Practice Problems: /Practice Problems#Trade
    Solutions: /Solutions#Trade
* Lecture VIII: Government Policies and Taxation
    Key Terms:
    Practice Problems: /Practice Problems#Government Policies and Taxation
    Solutions: /Solutions#Government Policies and Taxation
* Lecture IX: Externalities, Public Goods and Common Resources
    Key Terms:
    Practice Problems: /Practice Problems#Externalities, Public Goods and Common Resources
    Solutions: /Solutions#Externalities, Public Goods and Common Resources
* Lecture X: Markets
    Key Terms: Perfect Competition, Monopoly, Monopolistic Competition, Oligopoly
    Practice Problems: /Practice Problems#Markets
    Solutions: /Solutions#Markets
* Lecture XI: Growth, National Income, and Price Indices
    Key Terms:
    Practice Problems: /Practice Problems#Growth, National Income, and Price Indices
    Solutions: /Solutions#Growth, National Income, and Price Indices
* Lecture XII: Money, and Money Growth and Inflation
    Key Terms:
    Practice Problems: /Practice Problems#Money, and Money Growth and Inflation
    Solutions: /Solutions#Money, and Money Growth and Inflation
* Lecture XIII: Saving, Investment, and the Financial System
    Key Terms:
    Practice Problems: /Practice Problems#Saving, Investment, and the Financial System
    Solutions: /Solutions#Saving, Investment, and the Financial System
* Lecture XIV: Aggregate Demand and Aggregate Supply
    Key Terms:
    Practice Problems: /Practice Problems#Aggregate Demand and Aggregate Supply
    Solutions: /Solutions#Aggregate Demand and Aggregate Supply
* Lecture XV: Monetary Policy and Fiscal Policy
    Key Terms:
    Practice Problems: /Practice Problems#Monetary Policy and Fiscal Policy
    Solutions: /Solutions#Monetary Policy and Fiscal Policy