Principles of Economics

Lecture, three hours; discussion, one hour. Introduction to principles of economic analysis, economic institutions, and issues of economic policy. Emphasis on allocation of resources and distribution of income through price system. P/NP or letter grading.

Review Summary

Clarity
8.3 / 10
Organization
6.7 / 10
Time
20+ hrs/week
Overall
6.7 / 10

Reviews

    Quarter Taken: Winter 2022 In-Person
    Grade: A

    Self taught for the most part, lecture is not mandatory

    Quarter Taken: Fall 2022 In-Person
    Grade: A+

    Great class! Just make sure to do practice tests like crazy before midterms/final.

    Quarter Taken: Fall 2022 In-Person
    Grade: B+

    Grade only composed of homework, 2 midterms, and the exam. Discussion not mandatory. He said there might be a curve but there ended up not being any which caused some drama in the GroupMe. Rojas has super clear and organized slides that he reads off of during lecture. He records all lectures and posts the slides so this class could have been taken basically online. Homework is very easy, 30 MC questions with unlimited attempts to get everything right.

    Quarter Taken: Fall 2022 In-Person
    Grade: A

    Rojas's lectures were pretty much based on the slides, homework is easy (unlimited attempts), and midterm/final was pretty similar to the practice midterms/finals he provided and the homework questions.

    Quarter Taken: Fall 2022 In-Person
    Grade: A+

    Amazing professor! Always took time to answer questions.

    Quarter Taken: Fall 2023 In-Person
    Grade: A+

    I personally did not find the class to be that difficult or time consuming, just somewhat annoying. Anyway, some notes:
    - The class is 100% exams for your grade: 25% x 2 midterms, and 50% final, which is pretty brutal. What makes it worse is all exams are completely multiple choice, and every single question you missed on the midterm was 1% of your grade lost (25 questions on midterms), and final a little less (70 questions).
    - Exam questions were mostly pretty straightforward, though just a time crunch. Each exam did have a more than a couple curveballs that were a little weird though, and especially with the midterms, I felt like some questions were almost repeated, so you could have double jeopardy if you forgot one concept.
    - The professor held lectures in-person with a zoom stream, but did not record them. However, he posted slides, which I found to be useful and was my primary study tool. Memorize how to identify the areas on the Price-Quantity graph, how the supply/demand curves move, how ceilings/floors/taxes/tariifs/whatever move the Price and Quantity of a product, as well as the 10 or so formulas that come up throughout the course, like midpoint price elasticity of demand, and you're good for most of the exam questions.
    - As part of the course, there's an inclusive access "homework" (Mindtap) that costs like $75 where the professor assigns optional homework. However, THEY ARE NOT REALLY OPTIONAL! Some questions on the exams were copy-pasted directly from Mindtap, including some more tricky ones, and they generally were in the style of the exam questions. It was pretty clear that some people did not since in the groupme, people were trying to cause a riot over a question that was directly ripped from the homework - don't be like them and just get the points at the start. Mindtap and the previous exams that the professor posted for the midterms were my study tools for the exams.
    - The professor stated that he will not downcurve, but will only curve the class upward to match the average at 80% if the average is below that. For this class, the overall average was around 75%, and everyone had around 5% added to their grade before translating to letter grades.

    Quarter Taken: Fall 2023 In-Person
    Grade: B

    Definitely use mindtap. The exams are harder than what it's given during the lectures and it is mainly calculation based with a few concept questions.

    Quarter Taken: Fall 2023 In-Person
    Grade: A

    The course relied heavily on MindTap. Professor Rojas was an all right lecturer, but he could explain some complicated concepts better. His lectures were based on the textbook. The class was curved at the end, centered at a B.

    Quarter Taken: Spring 2023 In-Person
    Grade: A

    The class is harder than maybe expected. The exams were a little tricky and I definitely recommend studying using the recommended materials for this class.

    Quarter Taken: Spring 2023 In-Person
    Grade: B-

    This class was not hard but you just have to be on top of it. Don’t fall behind because there are 2 midterms which are really easy as long as you have done the mindtap questions or practiced the practice midterms. The professor just used to read off the slides in lecture to be honest.

Course

Instructor
Randall Rojas
Previously taught
23F 23S 22F 22W 19F 19S 19W 18F 18Su 18S 17F 17Su 17W 16F 16Su 15F 15S 15W 14F 14S 14W 13F 13S 13W 12F

Grading Information

  • No group projects

  • Attendance not required

  • 2 midterms

  • Finals week final

  • 100% recommend the textbook