Introduction to Microeconomics: Fundamentals Of Economics

Simpliv

Course

Online

£ 50 + VAT

The best Economics courses

See all

See all

Description

  • Type

    Course

  • Methodology

    Online

  • Start date

    Different dates available

This course provides main concepts and exercises for demand and supply, consumer behavior, production theory, market structures and market failures. Analysis is mainly done graphically but you should be able to solve algebraic equations.See The World Through The Eyes Of An Economist, Learn Microeconomics with me!After completing this course, you should:Know how demand and supply influence markets
Be able to evaluate the success of governmental policies
Understand how industries react to different economic events
Recognize collusion, price discrimination, and externalizes when you see them
Be better prepared for your Economics classesMicroeconomics theory focuses on understanding the behavior of individual agents under scarcityIn this course, you will see the theory behind demand and supply, government intervention, elasticity, the theory of the firm, and maximization strategies. Economics can seem very complicated and confusing at times. I will help you understand various events happening all around you!Understanding the economy can help you in your personal and professional life. Whether you want to start your own company, work for someone else, or just make good financial decisions, Economics can help you.Content and OverviewThis course aims at helping high school and university students learn Economics, but anyone is welcome to follow along. You will find material that covers most IB and A-level program, as well as Microeconomics courses at the university level for minors and majors.This course offers 32 classes, 32 exercise videos, and more than six hours of content. The first section slowly introduces key concepts to make sure you have all the tools you need. We then see more complicated models that describe the real-world in greater detail.
.
You will be able to see how market decisions are made and when they are beneficial or detrimental to society

Facilities

Location

Start date

Online

Start date

Different dates availableEnrolment now open

About this course

Know how demand and supply influence markets
Be able to evaluate the success of governmental policies
Understand how industries react to different economic events
Recognize collusion, price discrimination, and externalities when you see them
Be better prepared for your Economics classes

Questions & Answers

Add your question

Our advisors and other users will be able to reply to you

Who would you like to address this question to?

Fill in your details to get a reply

We will only publish your name and question

Reviews

This centre's achievements

2021

All courses are up to date

The average rating is higher than 3.7

More than 50 reviews in the last 12 months

This centre has featured on Emagister for 4 years

Subjects

  • University
  • Supply
  • Economics
  • Microeconomics
  • Market

Course programme

Demand and Supply 14 lectures 01:10:30 Lecture 1: Consumption Possibilities preview The objective of this class is to address and answer the following questions:What are the Consumption Possibilities of an individual? What is the Consumption Possibility Curve? What is the Opportunity Cost? And how do we calculate the Opportunity Cost? Lecture 2: Consumption Possibilities Exercises preview Lecture 3: The Demand Curve preview The objective of this class is to address and answer the following questions:What is quantity demanded? What is the demand curve? And when the price of a product changes, is there a shift in its demand? Lecture 4: The Demand Curve Exercises preview Lecture 5: The Supply Curve preview The objective of this class is to address and answer the following questions:What is quantity supplied? What is the supply curve? And when the price of a product changes, is there a shift in supply? Lecture 6: The Supply Curve Exercises preview Lecture 7: Market Equilibrium preview The objective of this class is to address and answer the following questions:How do we find the equilibrium price and quantity of a market? What is the definition of an Economic equilibrium? Are most markets in equilibrium? And what happens when markets are not in equilibrium? Lecture 8: Market Equilibrium Exercises preview Lecture 9: Shifts in Demand The objective of this class is to address and answer the following questions:What can cause a shift in demand? Is a change in demand the same as a change in quantity demanded? Will consumers acquire a different amount of the product? And will consumers pay a different price? Lecture 10: Shifts in Demand Exercises Lecture 11: Shifts in Supply The objective of this class is to address and answer the following questions:What can cause a shift in supply? Is a change in supply the same as a change in quantity supplied? Will producers sell a different amount of the product? And, will producers sell at a different price? Lecture 12: Shifts in Supply Exercises Lecture 13: Changes in Equilibrium The objective of this class is to address and answer the following questions:How will price and quantity of equilibrium change if there is a shift in demand or in supply? If one curve shifts, will the other one shift as well? And will markets move toward the new equilibrium? Lecture 14: Changes in Equilibrium Exercises Demand and Supply The objective of this class is to address and answer the following questions:What are the Consumption Possibilities of an individual? What is the Consumption Possibility Curve? What is the Opportunity Cost? And how do we calculate the Opportunity Cost? Lecture 1: Consumption Possibilities preview The objective of this class is to address and answer the following questions:What are the Consumption Possibilities of an individual? What is the Consumption Possibility Curve? What is the Opportunity Cost? And how do we calculate the Opportunity Cost? Lecture 1: Consumption Possibilities preview The objective of this class is to address and answer the following questions:What are the Consumption Possibilities of an individual? What is the Consumption Possibility Curve? What is the Opportunity Cost? And how do we calculate the Opportunity Cost? Lecture 1: Consumption Possibilities preview The objective of this class is to address and answer the following questions:What are the Consumption Possibilities of an individual? What is the Consumption Possibility Curve? What is the Opportunity Cost? And how do we calculate the Opportunity Cost? The objective of this class is to address and answer the following questions:What are the Consumption Possibilities of an individual? What is the Consumption Possibility Curve? What is the Opportunity Cost? And how do we calculate the Opportunity Cost? The objective of this class is to address and answer the following questions:What are the Consumption Possibilities of an individual? What is the Consumption Possibility Curve? What is the Opportunity Cost? And how do we calculate the Opportunity Cost? Lecture 2: Consumption Possibilities Exercises preview Lecture 2: Consumption Possibilities Exercises preview Lecture 2: Consumption Possibilities Exercises preview Lecture 2: Consumption Possibilities Exercises preview Lecture 3: The Demand Curve preview The objective of this class is to address and answer the following questions:What is quantity demanded? What is the demand curve? And when the price of a product changes, is there a shift in its demand? Lecture 3: The Demand Curve preview The objective of this class is to address and answer the following questions:What is quantity demanded? What is the demand curve? And when the price of a product changes, is there a shift in its demand? Lecture 3: The Demand Curve preview The objective of this class is to address and answer the following questions:What is quantity demanded? What is the demand curve? And when the price of a product changes, is there a shift in its demand? Lecture 3: The Demand Curve preview The objective of this class is to address and answer the following questions:What is quantity demanded? What is the demand curve? And when the price of a product changes, is there a shift in its demand? The objective of this class is to address and answer the following questions:What is quantity demanded? What is the demand curve? And when the price of a product changes, is there a shift in its demand? The objective of this class is to address and answer the following questions:What is quantity demanded? What is the demand curve? And when the price of a product changes, is there a shift in its demand? Lecture 4: The Demand Curve Exercises preview Lecture 4: The Demand Curve Exercises preview Lecture 4: The Demand Curve Exercises preview Lecture 4: The Demand Curve Exercises preview Lecture 5: The Supply Curve preview The objective of this class is to address and answer the following questions:What is quantity supplied? What is the supply curve? And when the price of a product changes, is there a shift in supply? Lecture 5: The Supply Curve preview The objective of this class is to address and answer the following questions:What is quantity supplied? What is the supply curve? And when the price of a product changes, is there a shift in supply? Lecture 5: The Supply Curve preview The objective of this class is to address and answer the following questions:What is quantity supplied? What is the supply curve? And when the price of a product changes, is there a shift in supply? Lecture 5: The Supply Curve preview The objective of this class is to address and answer the following questions:What is quantity supplied? What is the supply curve? And when the price of a product changes, is there a shift in supply? The objective of this class is to address and answer the following questions:What is quantity supplied? What is the supply curve? And when the price of a product changes, is there a shift in supply? The objective of this class is to address and answer the following questions:What is quantity supplied? What is the supply curve? And when the price of a product changes, is there a shift in supply? Lecture 6: The Supply Curve Exercises preview Lecture 6: The Supply Curve Exercises preview Lecture 6: The Supply Curve Exercises preview Lecture 6: The Supply Curve Exercises preview Lecture 7: Market Equilibrium preview The objective of this class is to address and answer the following questions:How do we find the equilibrium price and quantity of a market? What is the definition of an Economic equilibrium? Are most markets in equilibrium? And what happens when markets are not in equilibrium? Lecture 7: Market Equilibrium preview The objective of this class is to address and answer the following questions:How do we find the equilibrium price and quantity of a market? What is the definition of an Economic equilibrium? Are most markets in equilibrium? And what happens when markets are not in equilibrium? Lecture 7: Market Equilibrium preview The objective of this class is to address and answer the following questions:How do we find the equilibrium price and quantity of a market? What is the definition of an Economic equilibrium? Are most markets in equilibrium? And what happens when markets are not in equilibrium? Lecture 7: Market Equilibrium preview The objective of this class is to address and answer the following questions:How do we find the equilibrium price and quantity of a market? What is the definition of an Economic equilibrium? Are most markets in equilibrium? And what happens when markets are not in equilibrium? The objective of this class is to address and answer the following questions:How do we find the equilibrium price and quantity of a market? What is the definition of an Economic equilibrium? Are most markets in equilibrium? And what happens when markets are not in equilibrium? The objective of this class is to address and answer the following questions:How do we find the equilibrium price and quantity of a market? What is the definition of an Economic equilibrium? Are most markets in equilibrium? And what happens when markets are not in equilibrium? Lecture 8: Market Equilibrium Exercises preview Lecture 8: Market Equilibrium Exercises preview Lecture 8: Market Equilibrium Exercises preview Lecture 8: Market Equilibrium Exercises preview Lecture 9: Shifts in Demand The objective of this class is to address and answer the following questions:What can cause a shift in demand? Is a change in demand the same as a change in quantity demanded? Will consumers acquire a different amount of the product? And will consumers pay a different price? Lecture 9: Shifts in Demand The objective of this class is to address and answer the following questions:What can cause a shift in demand? Is a change in demand the same as a change in quantity demanded? Will consumers acquire a different amount of the product? And will consumers pay a different price? Lecture 9: Shifts in Demand The objective of this class is to address and answer the following questions:What can cause a shift in demand? Is a change in demand the same as a change in quantity demanded? Will consumers acquire a different amount of the product? And will consumers pay a different price? Lecture 9: Shifts in Demand The objective of this class is to address and answer the following questions:What can cause a shift in demand? Is a change in demand the same as a change in quantity demanded? Will consumers acquire a different amount of the product? And will consumers pay a different price? The objective of this class is to address and answer the following questions:What can cause a shift in demand? Is a change in demand the same as a change in quantity demanded? Will consumers acquire a different amount of the product? And will consumers pay a different price? The objective of this class is to address and answer the following questions:What can cause a shift in demand? Is a change in demand the same as a change in quantity demanded? Will consumers acquire a different amount of the product? And will consumers pay a different price? Lecture 10: Shifts in Demand Exercises Lecture 10: Shifts in Demand Exercises Lecture 10: Shifts in Demand Exercises Lecture 10: Shifts in Demand Exercises Lecture 11: Shifts in Supply The objective of this class is to address and answer the following questions:What can cause a shift in supply? Is a change in supply the same as a change in quantity supplied? Will producers sell a different amount of the product? And, will producers sell at a different price? Lecture 11: Shifts in Supply The objective of this class is to address and answer the following questions:What can cause a shift in supply? Is a change in supply the same as a change in quantity supplied? Will producers sell a different amount of the product? And, will producers sell at a different price? Lecture 11: Shifts in Supply ...

Additional information

Analysis is mainly done graphically but you should be able to solve algebraic equations

See related categories

Introduction to Microeconomics: Fundamentals Of Economics

£ 50 + VAT

The best Economics courses

See all

See all