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  • Adam Smith
History of Economic Ideas
Unrestricted Use
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The history of economic thought represents a wide diversity of theories within the discipline, but all economists address these three basic questions: what to produce, how to produce it, and for whom. The student will learn that without a clear sense of the discussions and debates that took place among economists of the past, the modern economist lacks a complete perspective. By examining the history of economic thought, the student will be able to categorize and classify thoughts and ideas and will begin to understand how to think like an economist. Upon successful completion of this course, the student will be able to: Explain and analyze the development of economics as a discipline in various ancient cultures; Trace the development of European economic thought and analyze concepts in historical context; Compare and contrast Classical economic theories; Synthesize the elements of Neo-Classical and Keynesian approaches in the modern era; Evaluate the merits of alternative approaches to maximizing happiness. (Economics 301)

Subject:
Political Science
Material Type:
Assessment
Full Course
Homework/Assignment
Lecture
Reading
Syllabus
Provider:
The Saylor Foundation
Date Added:
04/29/2019
Principles of Macroeconomics 2e
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CC BY
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Principles of Macroeconomics 2e covers the scope and sequence of most introductory economics courses. The text includes many current examples, which are handled in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition has been thoroughly revised to increase clarity, update data and current event impacts, and incorporate the feedback from many reviewers and adopters. Changes made in Principles of Macroeconomics 2e are described in the preface and the transition guide to help instructors transition to the second edition. The first edition of Principles of Macroeconomics by OpenStax is available in web view here.

Subject:
Economics
Material Type:
Full Course
Provider:
Rice University
Provider Set:
OpenStax College
Date Added:
06/29/2017
Principles of Macroeconomics 2e, Choice in a World of Scarcity, Confronting Objections to the Economic Approach
Unrestricted Use
CC BY
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By the end of this section, you will be able to:

Analyze arguments against economic approaches to decision-making
Interpret a tradeoff diagram
Contrast normative statements and positive statements

Subject:
Applied Science
Material Type:
Module
Provider:
Rice University
Provider Set:
OpenStax College
Date Added:
09/20/2018
Principles of Macroeconomics 2e, The Aggregate Demand/Aggregate Supply Model, Introduction to the Aggregate Supply–Aggregate Demand Model
Unrestricted Use
CC BY
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In this chapter, you will learn about:
Macroeconomic Perspectives on Demand and Supply
Building a Model of Aggregate Demand and Aggregate Supply
Shifts in Aggregate Supply
Shifts in Aggregate Demand
How the AD/AS Model Incorporates Growth, Unemployment, and Inflation
Keynes’ Law and Say’s Law in the AD/AS Model

Subject:
Mathematics
Material Type:
Module
Provider:
Rice University
Provider Set:
OpenStax College
Date Added:
09/20/2018
Principles of Macroeconomics 2e, The Aggregate Demand/Aggregate Supply Model, Macroeconomic Perspectives on Demand and Supply
Unrestricted Use
CC BY
Rating

By the end of this section, you will be able to:

Explain Say’s Law and understand why it primarily applies in the long run
Explain Keynes’ Law and understand why it primarily applies in the short run

Subject:
Mathematics
Material Type:
Module
Provider:
Rice University
Provider Set:
OpenStax College
Date Added:
09/20/2018
Principles of Macroeconomics 2e, Welcome to Economics!, What Is Economics, and Why Is It Important?
Unrestricted Use
CC BY
Rating

By the end of this section, you will be able to:

Discuss the importance of studying economics
Explain the relationship between production and division of labor
Evaluate the significance of scarcity

Subject:
Applied Science
Material Type:
Module
Provider:
Rice University
Provider Set:
OpenStax College
Date Added:
09/20/2018