This presentation is the first of three video lectures that make up the "The Role of Profit" portion of the 10-part "The Principles of Free-Market Economics" course.
Professor Gary Woflram, Hillsdale's William E. Simon Professor of Economics & Public Policy, is our teacher for this "Understanding Demand" set of lectures, and will be in all the remaining parts of this course, with the exception of the final part, which will be with Dr. Larry Arnn, President of Hillsdale College.
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Hillsdale College (https://www.Hillsdale.edu) has many online courses available for free to all. Most of these courses are on a 10-week schedule; that is, one lecture/Q&A per week for 10 weeks. I plan on making these available on that same one-per-week schedule, regardless the overall number of weeks involved in a given course (5, 10, 11...whatever). Each course usually involves a "Lecture" and a "Q&A." Some, however, may have an "Introduction" (or something similarly titled) in addition to the Lecture and Q&A. Whatever video content is available for that week will be posted at the same time, if I have it all (which, at this time, I do).
Considering how easy it is to participate in these free-to-watch courses via the Hillsdale website, I encourage visitors here to consider that. For those who, for whatever reason, would rather view this content elsewhere, I am making them available here. (I believe there is no copyright issue, but I make no guarantees that the content will always be available here. Another reason, perhaps, to consider following the coursework via the Hillsdale website.)
At present I have available 16 courses, most of which are on a 10-week schedule. At the first posting for a new course, I will endeavor to properly indicate the number of weeks for that particular course. There are more than 16 courses available from Hillsdale, but I have chosen only these 16. (Note that this number will likely grow, as Hillsdale continues to add courses.)
Uploads will usually occur from about 0000UTC to 0600UTC on Friday.
Although founded in America in 1844, Hillsdale College's message is, I believe, relevant to all people everywhere. However, the overwhelming majority of the coursework focuses on America's heritage, Constitution, overall form and workings of government, and God.
