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MOOC List is learner-supported. When you buy through links on our site, we may earn an affiliate commission.
You will also learn about equilibriums in the market, which is when the quantity demanded is equal to the quantity supplied. The derivation of this equilibrium is another main focus of microeconomics. By deriving an equilibrium in a market, we can see at which level the price will be and how much of a transaction will occur.
Since this is an introductory economics course at the most elementary level, no prior knowledge of economics is needed. Anyone who is interested in economics is welcome to take this course.
What you'll learn:
- Basic economic concepts and elementary analytical skills
- How to analyze the choices of consumers, firms and government
- How to determine demand and supply of commodities
- The derivation of equilibrium in the market and its affect on price
Syllabus
Week 1: What is Economics?
Week 2: Demand, Supply and an Equilibrium in the Market
Week 3: Choices of Consumers and Firms
Week 4: Commodity Markets and Competition
Week 5: Factor of Production Markets and Income Distribution
Week 6: Game Theory and Information Economics
Week 7: Markets and Government
MOOC List is learner-supported. When you buy through links on our site, we may earn an affiliate commission.
MOOC List is learner-supported. When you buy through links on our site, we may earn an affiliate commission.