Semester.ly

Johns Hopkins University | EN.570.334

Engineering Microeconomics

3.0

credits

Average Course Rating

(3.8)

The course introduces the principles of microeconomics and engineering economics, and applications of those principles to environmental engineering and public policy analysis. The financial and economic implications of engineering designs and control policies are critical to their success. We introduce principles of engineering economics and microeconomics (demand and production theory) and their uses in engineering decision making.

Fall 2012

(4.16)

Fall 2013

(3.71)

Fall 2014

(3.08)

Spring 2023

(4.27)

Fall 2012

Professor: John Boland

(4.16)

Students mentioned that the best aspects of this course were the organized lectures and the very helpful lecture notes. They also said the homework assignments and exams were a fair representation of what was taught in class. Some students said the lectures were boring, and that the course was too easy for students who had already taken microeconomics. Students suggested doing more in-class practice problems or having a review session before exams. Overall, students said the class is not too difficult. 140 Students should know that the homework is graded on completion, not correctness, and the exams are very fair.

Fall 2013

Professor: Catherine Norman

(3.71)

Students found that the best aspects of this course included the grading systems which were based on completion, as well as the very structured nature of the course. Students felt that they received a good overview of microeconomics and that towards the end of the semester they could clearly see how the principles could be applied to real-life situations. Students thought that the materials were sometimes overwhelming, and that the course could have used more practice problems and examples. Suggestions for improvement included providing more background in microeconomics by moving at a slightly slower pace. Students also wanted examples of how these principles were used in everyday life earlier in the course as wel . Any prospective students should know that although the course materials and work can be chal enging, the professor is wil ing to meet and talk to them to help them out.

Fall 2014

Professor: Benjamin Hobbs

(3.08)

Students thought the best aspect of the class was how the instructor effectively connected the subjects of engineering and economics in an engaging way. Students thought the biggest drawback of the class was lengthy and overly difficult homework assignments. Several students also found the notes posted from lectures to be disorganized and difficult to fol ow. Students felt the class could be improved with 157simpler homework assignments and clarifying lecture notes to help students not coming to the course with economics experience. Students also thought it was important for people thinking about taking it to know that the course was challenging and required a significant amount of time for assignments.

Spring 2023

Professor: Paul Ferraro

(4.27)