Application deadline
1 April 2026
General College Preparation credit-course application deadline.
In-person Program
Introduction to Microeconomics
A college-credit economics course exploring how consumers, firms, and governments shape markets, with undergraduate classroom experience at Northwestern.
Last verified: 7 Oct 2026Reviewed by:BSBen Stacy
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Introduction to Microeconomics at a glance: cost, dates and eligibility
Current status
Upcoming
Eligibility
Rising juniors/seniors; GPA 3.0; course prerequisite
Age range / Year group
Ages 16-18
Location / Region
Evanston, Illinois, United States
Cost
$6,936; $10,961
Duration
5 weeks
Format
In-person
Business & EconomicsSocial Sciences
Accommodation: University residence hall or commuter option
Meals: Residential dining hall; commuter meals purchasable
Sessions / cadence: 3 × 2.25-hour classes, Tuesday-Wednesday-Thursday
Campus experience: Undergraduate classmates; Get Ready workshops
Credit / Outcome: One Northwestern college credit unit
Instructor: Scott Ogawa
Introduction to Microeconomics summary
Introduction to Microeconomics examines how consumers and firms make decisions, how markets set prices, and why government intervention may matter.
Students join an undergraduate classroom alongside Northwestern and visiting university students, with college-preparation workshops complementing academic study.
It suits students who want a serious introduction to economic reasoning and are ready to manage university-style expectations.
What is Introduction to Microeconomics?
Introduction to Microeconomics is Northwestern University's ECON 202-0 undergraduate course offered through its College Preparation Program. It introduces the decisions individuals and firms make about prices and scarce resources, connecting consumer behavior and production costs to market outcomes.
Classes take place at the Global Hub on Northwestern's Evanston campus. Students study alongside Northwestern and visiting university students, with Scott Ogawa listed as the instructor. The wider College Preparation experience includes college-readiness workshops and residential or commuter participation.
Why Succeed highlights Introduction to Microeconomics
Studying alongside university students offers a concrete test of readiness for undergraduate Economics.
The curriculum connects consumer and firm behavior with market failures and public-policy decisions.
College credit provides an academic outcome beyond participation alone.
The Get Ready Series adds practical college-preparation workshops to subject study.
Who is Introduction to Microeconomics for?
Best for
Students curious about markets and public policy who want to test themselves in an undergraduate classroom.
Not ideal if
You want a lightly structured enrichment experience or need to miss classes for other summer commitments.
Is Introduction to Microeconomics worth it?
This course can be worthwhile if you want to find out whether undergraduate Economics suits your interests and study habits. Its combination of market theory, university classmates, and college credit gives the experience a clear academic purpose.
The financial commitment is substantial, especially with residence hall accommodation or additional classes. Credit transfer depends on the receiving institution, and participation does not guarantee Northwestern admission. Judge the value by the learning and college experience you want, rather than an expected admissions advantage.
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A practical overview of cost, accommodation, meals, dates and provider details to review before deciding.
Cost and what is included
$6,936; $10,961; includes Credit-course tuition., Wildcat Connect: Get Ready Series workshops., Residential option: university room and board., Residential option: trained residence hall staff support., Campus activities for residential and commuting students..
Accommodation
University residence hall or commuter option
Meals
Residential dining hall; commuter meals purchasable
Provider details
Review the Northwestern College Prep provider page and official sources before making a final decision.
Dates and logistics
5 weeks; Evanston, Illinois, United States.
What to check before committing
Confirm current dates, payment terms, travel arrangements, cancellation rules and what is included with the provider.
Compare this program with similar options before deciding on dates, cost, format and fit.
Compare with similar programsHow much preparation does Introduction to Microeconomics need?
Effort level
High for a summer enrichment choice.
Best started
Begin six to eight weeks before the next published application deadline to prepare writing and school records.
Main challenge
Balancing independent study with a compressed course timetable.
Typical preparation
Review algebra and graphing, and confirm which course prerequisite applies.
Draft the personal statement around a specific academic experience and your reasons for studying Economics.
Request official English-language transcripts early and organize your extracurricular activities list.
Plan housing, insurance, and any required English test or visa arrangements well ahead of the session.
Useful if
You want to test readiness for college-level Economics.
What do students do on Introduction to Microeconomics?
You study how consumers and firms make economic decisions, then examine how those choices shape markets and public policy. College-preparation workshops and campus activities complement the undergraduate classroom experience.
Step-by-step process
- 1
Attend the scheduled Economics classes at Northwestern's Global Hub.
- 2
Study consumer preferences, production costs, and equilibrium prices and output.
- 3
Examine different market structures, potential market failures, and government interventions.
- 4
Participate in the Wildcat Connect: Get Ready Series and campus activities.
Introduction to Microeconomics dates and deadlines
Next cycle not announced yet. These dates are from the latest verified cycle and should be used as a reference only.
Reference date
Programme dates
22 June-26 July 2026
| Milestone | Date | Timezone | Status | |
|---|---|---|---|---|
Application deadline | 1 April 2026 | Local | Reference date | |
Programme dates | 22 June-26 July 2026 | Local | Reference date |
Eligibility and requirements
Rising high school juniors and seniors.
Cumulative GPA of at least 3.0 on a 4.0 scale.
ECON 201-0 or basic algebra and graphing courses.
Official high school transcripts in English.
English proficiency score when schooling or primary language requires it.
Commuters must live with a responsible adult over 18.
How much does Introduction to Microeconomics cost?
Commuter program fee
$6,936 — One course: $5,781 tuition plus $1,155 program fee.
Funding or discounts
- Residential program fee: $10,961 — One course with five weeks of room and board.
- Application fee: $60 — Non-refundable; fee waiver requests are available.
- Enrollment deposit: $1,000 — Non-refundable; applied toward the total program cost.
- Tuition scholarship: For domestic US rising seniors with financial need and strong achievement.
- Textbook budget: At least $100 — Recommended allowance per class when purchasing course materials.
- International insurance: $335 — Five-week charge for international students without US-based medical insurance.
What's included
Credit-course tuition., Wildcat Connect: Get Ready Series workshops., Residential option: university room and board., Residential option: trained residence hall staff support., Campus activities for residential and commuting students.
How to apply to Introduction to Microeconomics
- 1
Review Northwestern's College Preparation admissions requirements and confirm the Economics prerequisite.
- 2
Write approximately 500 words answering the two personal-statement questions.
- 3
List extracurricular activities with involvement dates, descriptions, and your roles.
- 4
Arrange official English-language transcripts and any required TOEFL, IELTS, or DET score.
- 5
Submit the program application with the $60 fee or an approved fee waiver.
- 6
After admission, pay the $1,000 deposit within three weeks of acceptance.
- 7
International students should begin the immigration document request after receiving their NetID.
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What does Introduction to Microeconomics cover?
The program covers the following focus areas.
Consumer preferences
Study how consumer preferences shape individual economic choices.
Production costs
Examine firms' production costs and decisions about scarce resources.
Prices and market structures
Explore equilibrium prices and output across different market types.
Market failures and policy
Consider potential market failures and the role of government interventions.
Curriculum may be adjusted based on participant interests and current developments.
What is a typical day on Introduction to Microeconomics?
A typical day during the program.
Tuesday
In-person Economics class at the Global Hub, Central Time.
Wednesday
In-person Economics class at the Global Hub, Central Time.
Thursday
In-person Economics class at the Global Hub, Central Time.
Who teaches on Introduction to Microeconomics?
Scott Ogawa is listed as the instructor for Introduction to Microeconomics. Northwestern-affiliated instructors expect the same commitment and involvement from College Preparation students as from university students.
Where do students stay on Introduction to Microeconomics?
Residential plan
- University residence hall: Students stay on campus with common areas and quiet study rooms.
- Dining and dietary support: University dining includes vegan dishes and dietician support for special requirements.
- Residence hall staff: Resident Directors and trained Residential Advisors support academic and social adjustment.
- Campus resources: Students have access to libraries, computer labs, athletic facilities, and beaches.
Non-residential plan
- Commuter living arrangements: Students commute from nearby homes or relatives and must live with an adult over 18.
- Workshops and activities: Commuters can join the Get Ready Series, excursions, and planned cultural activities.
- Commuter meal access: Meals can be purchased in the Norris University Center.
Residential students may explore on and off campus without staff accompaniment, subject to check-out and check-in rules.
What happens after Introduction to Microeconomics?
After completing this program, participants often pursue:
Earn one Northwestern college credit unit, subject to course completion.
Build familiarity with undergraduate academic expectations.
Develop college-preparation knowledge through the Get Ready Series.
Use ECON 202-0 toward later Economics study alongside additional prerequisites.
Credit transfer depends on the receiving institution; participation does not guarantee Northwestern admission.
Where does Introduction to Microeconomics take place?
Classes meet at the Global Hub on Northwestern University's Evanston campus, north of Chicago. The 240-acre lakefront campus provides access to university academic resources and Summer Session activities.
Introduction to Microeconomics FAQs
It covers consumer preferences, production costs, equilibrium prices and output, market types, market failures, and government interventions and public policy.
The College Preparation course page lists ECON 201-0 or basic algebra and graphing courses. The Economics Department schedule lists ECON 201-0 only, so applicants should confirm which prerequisite applies to their enrollment.
Credit courses normally carry one Northwestern credit unit unless otherwise noted. One unit typically equals four quarter hours or two and two-thirds semester credit hours; transfer arrangements depend on the receiving institution.
Credit-course students take undergraduate classes alongside Northwestern and visiting university students. Instructors expect university-level commitment and involvement.
Yes. Students can commute from home or relatives nearby, and must live with a responsible adult over 18 throughout the program.
Resident Directors and trained Residential Advisors help students balance academic and social commitments. Residence halls provide common areas and quiet study rooms, with access to university resources and dining.
No. Participation can contribute to a college application profile, but it does not guarantee acceptance to Northwestern University.
On-campus credit students generally must enter on an F-1 visa and take at least two classes. Students with existing immigration documents should contact the program about possible exceptions.
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Save this program in Succeed to compare it with similar programs, dates, costs and formats in one place.
Compare with other programsContent reviewed by
Ben Stacy
Co-founder, Succeed | Former secondary teacher and educational leader
Ben works at the intersection of education, technology and school adoption, with expertise in how secondary schools evaluate data-driven tools and how education technology is used in practice.
Sources & verification
Source types reviewed
- Summer 2026 Class Schedule: Department of Economics - Northwestern University
- International Students, Northwestern College Preparation Program: School of Professional Studies | Northwestern University
- Campus Life, Northwestern College Preparation Program: School of Professional Studies | Northwestern University
- Pre-College Summer Programs for Credit: School of Professional Studies | Northwestern University
- Admission, Northwestern College Preparation Program: School of Professional Studies | Northwestern University
- Tuition and Fees, Northwestern College Preparation Program: School of Professional Studies | Northwestern University
- FAQs, Northwestern College Preparation Program: School of Professional Studies | Northwestern University
- 2026 Application Fee Waiver Form
- Introduction to Microeconomics: Northwestern University School of Professional Studies
Succeed uses official provider information where available, but keeps this public page focused on comparison and planning inside Succeed.
What we verified (on 7 Oct 2026)
Official course page checked
Admission requirements reviewed
Application deadline verified
Course timetable cross-checked
Residential costs calculated
Scholarship criteria reviewed
International guidance reviewed
How Succeed uses this information
We use source material to verify core facts, then show older cycle dates as reference when a current cycle is not available. Always check current application instructions before applying.
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