Learn the Principles of Microeconomics in Rice’s Open Online Course 2


Principles of Economics: Microeconomics (Course 2)

In this second portion of the three-course specialization covering economics, the focus will be on microeconomics or the “business side of things.” Through lectures, short quizzes, problem sets, and discussions we're going to take a look at subjects such as, costs of production, perfect competition, monopolies, monopolistic competition, oligopoly theory, and household choices. And you'll still get all the unsolicited food and cooking advice sprinkled in there, too. :) There’s also an optional, but very helpful course book that coincides with this intro to microeconomics class.

Who should attend:

  • Learners seeking a deeper understanding of microeconomics
  • People with a general understanding of economics wishing to zoom in more on the business side
  • Individuals who took the first online economics course and are hungry for more

You will be able to:

  • Identify how opportunity costs affect economic decisions
  • Describe the relationship between prices, market demand, and market supply
  • Evaluate the effects of government policy on supply and demand



Image of professor James DeNicco

Dr. James DeNicco, Ph.D.

Jimmy is the Director of the Principles of Economics Program and a Senior Lecturer at Rice University. He earned his Ph.D. in Economics from Drexel University in 2013, where his primary concentration was in Macroeconomics and his secondary in Industrial Organization. He has a real passion for teaching Economics, going back to his first time in the classroom in 2010 during graduate school. He was awarded as the “Outstanding Ph.D. Instructor” for the Lebow College of Business at Drexel University. He currently teaches Principles of Economics to about 700 Rice students annually. He also teaches in the Master of Arts in Global Affairs and the Master of Social Policy Evaluation programs.

When not on campus, you can usually find Jimmy spending time with his wonderful family, watching sports or cheesy 80s horror films, and barbecuing.

Explore our related Principles of Economics Courses

3-Course Principles of Economics Specialization

3-Course Principles of Economics Specialization

Principles of Economics: Introduction

Principles of Economics: Introduction

Principles of Economics: Macroeconomics (Course 3)

Principles of Economics: Macroeconomics (Course 3)



Any questions? Please e-mail riceonline@rice.edu