About this course
This comprehensive course on Micro Economics is designed to provide students with a deep understanding of the fundamental concepts and principles that govern economic behavior at the individual and firm level. Through a series of structured topics, learners will explore the intricacies of supply and demand, market structures, consumer behavior, and decision-making processes. This course is ideal f...
What you'll learn
- Explain and apply supply and demand analysis and market equilibrium
- Analyze consumer choice using utility, budget constraints, and demand functions
- Evaluate production technologies, cost structures, and firm supply decisions
- Differentiate market structures (perfect competition, monopoly, oligopoly) and their outcomes
- Assess labor and capital markets and factor pricing
- Identify causes and remedies for market failures and externalities
- Apply welfare economics to evaluate policies and efficiency
- Use game theory to model strategic behavior and predict equilibria
- Make decisions under risk and uncertainty using expected value and risk preferences
- Integrate behavioral and information economics insights into real-world decision making
Prerequisites
Basic algebra and familiarity with graphs; prior introductory economics helpful but not required.
- Level
- Intermediate· Level
- Duration
- 10 weeks (≈40 hours)· Duration
- Language
- English· Language
- Modules
- 14· Modules
Skills you'll gain
- Microeconomic modeling
- Marginal and comparative statics analysis
- Consumer and producer theory
- Market structure evaluation
- Cost–benefit and welfare analysis
- Game theory and strategic thinking
- Decision-making under uncertainty
- Pricing and market strategy
- Policy impact assessment
- Interpreting economic data
What you'll study
14 modules — work at your own pace.
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