Faculty members have access to an online test bank, and can conduct all assignments and testing via the Internet. The web component is hosted by University Access and includes faculty training and support. Streaming audio and video are available, and each lesson is accompanied by a self-paced tutorial, which can be edited and adapted by the instructor. University Access Virtual Campus Finally, University Access offers students and faculty full use of its virtual campus, which features an online student union, faculty club, alumni center, job bank, and bookstore. The Virtual Campus offers students interactivity, community, and resources that compliment the television video lectures and print materials.
Instructors can substantially customize the course.
For details about costs associated with these options, please see the rights and pricing section. This introductory program defines a set of key microeconomic terms and lays the foundations of the market model, starting with the Law of Demand. It also discusses the role and meaning of theory in the science of economics, and clarifies the difference between micro and macroeconomics. It defines comparative advantage and explores the production possibilities frontier, giving special attention to the law of diminishing product. It also examines the impact of non-market institutions, such as the government and the family, on resource allocation.