Microeconomics

This course is designed to help you develop a broad understanding of the most important models in Microeconomics, applying theoretical concepts and Microeconomics models to real life case studies.

Developed by a leading expert, this programme has been designed to equip you with the right knowledge, understanding and application of Microeconomics.

Students will have the opportunity to develop knowledge, skills and insight in the following areas:

Ten Principles of Economics
Thinking Like an Economist
Interdependence and the Gains from Trade
The Market Forces of Supply and Demand
Elasticity and Its Application
Supply, Demand, and Government Policies
Consumers, Producers, and the Efficiency of Markets
Application; The Costs of Taxation
Application; International Trade
Externalities
Public Goods and Common Resources
The Design of the Tax System
The Costs of Production
Firms in Competitive Markets
Monopoly
Monopolistic Competition
Oligopoly
The Markets for the Factors of Production
Earnings and Discrimination
Income Inequality and Poverty