The Complete Microeconomics Course: From Basics to Advanced

Partner: Udemy
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Description: Have you ever wondered how prices are set, why consumers make certain choices, or how businesses compete in the marketplace? This comprehensive microeconomics course will unlock these mysteries and equip you with the knowledge to understand the economic forces that shape our world!This course is perfect for:●Undergraduate students taking introductory economics courses.●Business professionals seeking to enhance their decision-making skills.●Anyone curious about how markets work and how economic principles impact our lives.In this course you will:●Start with the basics: You'll learn the fundamental concepts of microeconomics, including scarcity, choice, and opportunity cost.●Dive into supply and demand: We'll explore how supply and demand interact to determine prices and quantities in a market. You'll also learn how to analyze shifts in supply and demand and their impact on market equilibrium.●Uncover the power of elasticity: We'll cover price elasticity of demand and supply, income elasticity, and cross elasticity, giving you the tools to understand how consumers and producers respond to changes in price and income.●Explore consumer behavior: You'll gain insights into consumer choices and preferences. We'll cover concepts like utility, total utility, marginal utility, and the law of diminishing marginal utility.●Analyze production and costs: You'll learn about factors of production, production functions, and the law of diminishing returns. We'll also examine different cost concepts, including fixed costs, variable costs, total costs, and marginal costs. You'll see how firms make production decisions based on these cost considerations.●Get to know market structures: We'll study different types of market structures, including perfect competition, monopoly, monopolis
Category: Teaching & Academics > Social Science > Microeconomics
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Price: 24.99
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Source: Impact
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