Principles of Macroeconomics and Microeconomics

Current students: Please go directly to the websites of Principles of Macroeconomics and Principles of Microeconomics

In Fall 2010, we launched a major revision to the way that we deliver ECO 2013 - Principles of Macroeconomics. This was followed in Fall 2011 by a similar change in ECO 2023 - Principles of Microeconomics.

What's new with ECO 2013 and 2023?

Principles of Macro and Microeconomics are offered to almost all students through a mixture of live lecture and video replay by our experienced instructors, Professor Alan Gummerson and Professor Alfonso Rodriguez. Lectures are given three times a week (11:00 - 11:50am, MWF) in one of the new classrooms currently being built in the new Parking Garage 5. About an hour after the class, the lecture will be available for download from the course websites for macro and micro. You will have the option of attending the live lecture or watching the video replay.

Can we all fit in the lecture hall?

No. We anticipate 600 students will be enrolled in the course, and the lecture hall accommodates 120. Our expectation, from observing similar programs elsewhere, is that a large number of students will enjoy the convenience of watching the lectures at a time that suits them, or the freedom to enroll in another course at the same time the live lecture is offered. We expect that the lecture hall will be sufficient to accommodate all those for who prefer to attend in person.

What else does the course offer to help me learn?

A key part of the new courses is the Economics Tutoring Center, which will be open at least 40 hours a week, and is available for you on a walk-in-basis to get personalized help with your economics questions. The tutoring center will be operated by our high-quality Ph.D. students, who will be assisted by our best seniors.

Students will also keep busy every week by taking online homework and practice exercises. We have been working closely with the publishers over the last six months to ensure a high-quality learning experience.

The Principles courses have their own websites at and Professors Gummerson and Rodriguez will keep you up to date there with news items and an active blog. The videos for the whole semester will be archived on the site, so you can go back to any part of the course at any time. You will also access your online homework and your electronic textbook through the course website. The website will also let you know the hours during which the Tutoring Center will be open, and which tutors are assigned to be there.

If we can't all fit in the classroom, how can we take exams?

When you register for the course, you will choose one of a number of sections for taking exams. The exams are given three times in the semester on Friday evenings or Saturday mornings. The timing of the exams has been chosen to avoid any conflicts with other courses you may wish to take.

Your section will determine the time and place you must take each exam, as well as the TA who will be your contact person for questions about exam grading, make-ups, and so on.

I am at BBC. I couldn't get to the live lecture even if I wanted to.

For the time being, we will continue to offer a traditional, 96-seat live class at BBC. We will also offer a traditional online section (but remember the additional $199 fee for the traditional online course).

Why are you doing this?

We have been motivated by a desire to raise the quality of our Principles courses in the face of drastic budget and personnel cuts and rapidly rising student enrollments. We see a number of distinct advantages to our new format.

  • All students will get access to our best and most experienced instructors.
  • There will be uniformity in the material covered, so we know that students are being prepared for their upper division courses, whether they go into economics, business, health policy, or some other field.
  • Students will have greatly increased access to personal help through the tutoring center (compared with one or two hours per week of office hours in the traditional format).
  • All students will benefit from having access to the online practice and homework exercises that will be an integral part of the course.
  • Students avoid the heavy supplementary fees associated with traditional online courses.