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  1. Misleading wording in one quiz question

    Hi, I just took the quiz following the video "A price is a signal wrapped up in an incentive." The last phrase in the answer to question 6 describes the equilibrium price as "desired by no one." What is meant here is "the equilibrium price is not the desire of any one person," but the way it's written can just as easily be interpreted as "the equilibrium price is quite disliked by everyone." It's ambiguous that way. One way to clear up the ambiguity is just to change it to "…desired by no one person." Indeed, that wording appears in…

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    • 1 vote
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        • Love this course! When will section on insurance and moral hazard be complete?

          Expand discussion of why health care is burdened with market failures (adverse selection, information asymmetry, moral hazard) and whether introducing high deductible insurance plans will encourage price transparency, thus bringing health costs back to earth.

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          • This is without a doubt the best thing on the Internet. The lessons are very clear, comprehensive and a real lifesaver.

            These lessons are the best thing since sliced bread. Easy to understand, great reinforcement of the concept taught. I am confident I will have far fewer problems in my MBA classes because of your unselfish presentation and offering to

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              1 comment  ·  Admin →
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              • Improving long term learning and comprehension of material

                The videos and questions are engaging, but without frequent and spaced reinforcement of the concepts and terminology, the ideas will not embed in learners long term memory. students take a multiple choice question and pass but do they really understand the concepts. This is the biggest failure of MOOCs. I recommend including on the website some space repetitive questioning of the material to help push the ideas from short term memory to long term memory. There is a lot to earn from language learning and flashcard websites and apps like Anki, Duolingo and Memrise. You can even develop on Memrise…

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                  Thank you Bryon! No surprise that such a smart comment comes from a fellow Hokie!

                  I agree that there is much to be done to provide practice materials to reinforce concepts. That’s definitely on our radar to improve.

                  I’ll check out those apps you mentioned. I appreciate the feedback – feel free to email me directly at roman at mruniversity dot com.

                  Roman

                • Money, investment, savings: the oil for economic wheels

                  Direct trade is good for small, introductory examples, but real economies run on more finely grained money. Trace how money is earned, spent, saved, invested, spent some more, and grows in the process.

                  Outstanding lectures so far, thank you. Please continue.

                  The basics of Western economics are not taught, at least not often, to students in (still Communist) China and India, and immigrants are sometimes baffled by market manipulations, loans, leases, and so forth. Even technical young people, in computer-related industries and IT, often lack the backgrounds in basic Econ to, e.g., understand their mortgages, margin accounts at brokerages, and…

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                  • Can you make a program for volunteers to translate your videos?

                    Translation into different languages will be nice.

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                      We have a way to do this already! If you go to mruniversity.com and look at any video page, you should see a “translate” button under the video.

                      Clicking on it will take you to a tool that allows you to add subtitles. We greatly appreciate any additions we get!

                      For example, here’s the link for the first video in our Micro course. http://www.amara.org/en/videos/AfeywxXg5Wel/info/introduction-to-economics/

                    • Youtube is banned in Pakistan

                      I am from Pakistan , we have a problem , youtube is banned in Pakistan , can these videos be uploaded to some other site , like say Vimeo ? or Dailymotion or some other

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                      • MAKE Exam AVAILABLE FOR A COURSE FROM 2014!!!!

                        It would be VERY nice and professional of y'all to have the exam and/or certificate of completion actually available AFTER SITTING THROUGH 55 VIDEOS!!! This course was created in 2014! It is almost 2016!

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                          Hi Bill,
                          Thanks for the comment – getting the International Finance exam up is on our list. We’re a bit behind I know. We are a very small team.

                          I’m always curious to learn more about what folks are doing with our materials – would you mind sharing with me what you do with our certificate?

                          I’ll post a note here when the exam is up. Should be within the next few months.

                          Thanks.

                          Roman

                        • Awesome and generous! thank you!

                          Thank you so much for providing this. I RELLY appreciate your time and effort.
                          This is an awesome resource and useful not only for teaching first timers, but also for a great resource for us weathered economists to pick up illustrative examples to explain to policy makers and others. I'm a huge fan.

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