Principles of Micro economics

Beginners | Intermediate | Advanced

Principles of Micro economics

Principles of Micro economics

Beginners | Expert

This microeconomics course introduces the principles of microeconomics and provides a detailed study of microeconomic theory to model the decision-making of individuals, households, and firms in a world of scarce resources. The microeconomics class covers core topics, including consumer choice theory, demand and supply, production and cost theory, market structures (such as perfect competition, monopoly, oligopoly), public goods, externalities, taxation, and government spending. It also explores advanced topics like game theory and issues related to asymmetric information, providing a thorough foundation in the application of microeconomic principles across various market environments.

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