Microeconomics

What Will You Learn?

• Course Learning Objectives
• By the end of the course, students should be able to:
• Explain the basic concepts and principles of microeconomics.
• Analyze demand and supply in different markets.
• Determine equilibrium price and quantity.
• Calculate and interpret different types of elasticity.
• Explain consumer behavior and utility.
• Analyze production and costs of firms.
• Compare different market structures.
• Explain economic efficiency and equity.
• Analyze government actions and their effects on markets.
• Identify and explain causes of market failure.

Audience

• This course is intended for university and college students, business students, aspiring entrepreneurs, and anyone seeking a foundational understanding of microeconomics, market behavior, and economic decision-making.