Welcome to the Microeconomics course! This course will help you develop an in-depth understanding of the microeconomics principles and market mechanisms. It provides the tools and framework you need to understand the economy at large and decision-making at the individual unit level.
Microeconomics: Foundations and Insights
Microeconomics: Foundations and Insights
Enseigné en Anglais
niveau Débutant
Expérience recommandée
26 heures pour terminer
3 semaines à 8 heures par semaine
Planning flexible
Apprenez à votre propre rythme
Ce que vous apprendrez
Analyze assumptions in economic models and evaluate policy interventions' impact on market outcomes in both perfect and imperfect markets.
Create and solve basic economic models, identify their limitations, and develop appropriate policy solutions for real-world issue.
Interpret strategic interactions in game theory, illustrating how information and move order impact decision-making among economic agents.
Examine how changing constraints affect optimal choices and how preferences and constraints together shape decisions in various markets.
Compétences que vous acquerrez
- Catégorie : Economics
- Catégorie : Microeconomics
- Catégorie : Economic decision making.
- Catégorie : Critical Thinking
Détails à connaître
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Récemment mis à jour !
septembre 2024
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45 devoirs
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Il y a 7 modules dans ce cours
This module introduces you to the essential tools that economists use to think about and analyze problems. You will learn how to identify the components of choice analysis and how to characterize choice as a problem. You will gain an understanding of what incentives and trade-offs are and how opportunity costs measure trade-offs. It will also help you learn how to make sensible decisions when faced with challenging policy options.
Inclus
10 vidéos4 lectures7 devoirs
In this module, you will learn about the consumer choice theory that analyzes how individuals decide how many goods to consume and how much labor to supply. The module will help you comprehend how the economic environment influences these choices. It will also help you explore the income, substitution effect, and labor supply curve, also known as backward bending.
Inclus
10 vidéos3 lectures6 devoirs
In this module, you will learn about the producer choice theory that analyzes a firm’s behavior. You will learn how to identify the components of decisions that producers make. You will learn how a producer can maximize profits. It will also help you understand the changes in the firm’s supply and demand choices in response to changes in the economic environment.
Inclus
11 vidéos3 lectures6 devoirs
In this module, you will gain an in-depth understanding of how prices affect the allocation of scarce resources in the economy. You will learn the techniques for analyzing several markets operating simultaneously. It will help you compare the effects of market changes on partial versus general equilibrium. It will also enable you to comprehend the impact of policy interventions in markets.
Inclus
9 vidéos3 lectures6 devoirs
This module introduces you to the social choice theory, which is the technique for aggregating the preferences of individuals (who make up the society) to reflect society’s collective choices. You will learn how to identify the various aspects of perfectly competitive markets. It will also help you grasp the fundamental theorem of welfare economics and utilitarianism. It will enable you to examine the challenges that can arise when addressing social welfare objectives.
Inclus
9 vidéos3 lectures7 devoirs
In this module, you will learn about strategic games, an equilibrium concept that helps us solve strategic games and their applications. You will learn how to define strategic interactions and comprehend the significance of the movement order. It will enable you to examine the impact of asymmetric information on decision-making. It will also empower you to analyze the principle-agent problem in the market.
Inclus
10 vidéos3 lectures6 devoirs
In this module, you will discover the problems that arise when one deviates from the competitive equilibrium assumption of infinite firms supplying goods in the economy. You will learn how to describe simple models of imperfect competition and the impact of changes in market structure. It will help you explore the strategic interactions between producers. It will also help you understand how to examine the influence of competition policy interventions.
Inclus
8 vidéos4 lectures7 devoirs
Instructeur
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Foire Aux Questions
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
You will be eligible for a full refund until two weeks after your payment date, or (for courses that have just launched) until two weeks after the first session of the course begins, whichever is later. You cannot receive a refund once you’ve earned a Course Certificate, even if you complete the course within the two-week refund period. See our full refund policy.