Introduction to Economics

The market, Welfare economics, Externalities, and Tax
Free tutorial
Rating: 4.5 out of 5 (574 ratings)
9,220 students
1hr 54min of on-demand video
English [Auto]

Understand basic economic principles


  • None


Are you new to economics? This course is just for you. In this course, you will learn basic economic principles. The topics covered includes what economics is, marginal analysis, production possibility curve, how the market demand and supply works, when the market fails, and the welfare effect of a government tax.

Who this course is for:

  • Whoever would like to major in business, economics, public policy, political science, and sociology.


PhD in Economics
Wan-Ju Iris Franz
  • 4.5 Instructor Rating
  • 574 Reviews
  • 9,220 Students
  • 1 Course

Iris Franz received her PhD in economics from the University of California, Irvine and a B.B.A from the Department of International Business at the National Taiwan University. 

Iris’ research and teaching interests include behavioral economics, applied game theory, applied microeconomics, and public policy.

Classes Iris taught include principles of micro-and-macroeconomics, international economics, game theory, and business statistics. She likes to use daily-life examples to help students appreciate the beauty and applicability of economics.

At leisure, Iris enjoys spending time with her family, playing the flute, swimming, and making chocolate mousse for her little kids.

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