This summer we will again offer Stanford’s Principles of Economics course online for free. You can register now for the course on Stanford’s open on-line platform Lagunita. We will start on Monday June 25 and go through August 24. I will be teaching the course with the help of Ryan Triolo, an experienced and excellent teaching assistant who I am happy to say is back for summer 2018
The course is based on the on-campus course at Stanford. Each day after giving a 50-minute lecture, I recorded the same lecture divided into smaller segments for online viewing. We added graphs, photos, and other illustrations–just as in the on-campus course; we captioned and indexed the videos–an attraction not in the on-campus course; and we added study material, reviews, quizzes, and a discussion forum.
The first week of the course covers “The Basic Core of Economics” focusing on such ideas as opportunity cost and the supply and demand model with practical applications. Just learning this Basic Core is a significant and worthwhile accomplishment. The course then considers topics in microeconomics and macroeconomics including key economic policy issues. I draw on experience in government and the private sector.
People who participate in the open online course and take the short quizzes following each video will be awarded a Statement of Accomplishment, or a Statement of Accomplishment with Distinction.
My textbook with Akila Weerapana, Principles of Economics, and its shorter versions, Principles of Microeconomics and Principles of Macroeconomics, can be downloaded and used online to go along with the course thanks to FlatWorld.
Here is a sampling of views about the course that have gone out on Twitter:
- Russell Roberts @EconTalker: Great class. Great teacher. No charge. Get your basics right here.
- Ike Brannon @coachbuckethead: The most entertaining economist I know.
- Brian Wesbury @wesbury: If you want to learn Economics from one of the best, click on this link! What great news!
- Juan Carlos Martinez @juank700410: Educación gratuita y de calidad
- Tom Church @TomVChurch Interested in economics? Take Econ-1 online. Pass the quizzes and get a statement of accomplishment! Plus, you’ll learn a thing or two.
- Chris Pippin @ChrisPippin This is the class and the professor that made me an Econ major. Thanks to the generosity of @EconomicsOne and the miracle of the internet, now anyone can take it.
- Nicolas Petit @CompetitionProf Great course by terrific teacher, comprehensive & more than all eye opening on real world problems like trade wars and monetary policy.