Introduction to Microeconomics in the Real World
Introduction to Microeconomics in the Real World, available at $44.99, has an average rating of 4.05, with 28 lectures, based on 16 reviews, and has 632 subscribers.
You will learn about Main Principles and Terms of Economics (Scarcity, Opportunity Cost, Externality, Inflation, etc.) Observation, Assumptions and Economic Models The Relationship between Economy Participants The Production Possibilities Frontier Microeconomics vs. Macroeconomics Positive vs. Normative Economics Specialization and Trade Import/Export Money and Its Functions Markets and Competition Demand and Supply (Movements, Shifts, Equilibrium) Price Elasticity of Demand and Its Determinants Income and Cross-Price Elasticity of Demand Price Elasticity of Supply and Its Determinants Price Ceiling and Price Floor Minimum Wage Impact on the Labor Market Tax Burden Division among Buyers and Sellers Direct vs. Indirect Taxes Progressive vs. Regressive Taxes Fiscal vs. Monetary Policy Consumer and Producer Surplus Market Efficiency Deadweight Loss and Tax Revenue The Impact of International Trade on Importing and Exporting Countries Tariff and Deadweight Loss Arguments for Restricting Trade Positive and Negative Externalities, Social Optimum Policies toward Externalities Public Goods and Common Resources Tragedy of the Commons The Design of the Tax System The Costs of Production Economies and Diseconomies of Scale Break-Even Analysis Competitive Market and Its Characteristics Monopolies and the Reasons Why They Exist Natural Monoply Price Descrimination Monopolistic Competition and Its Characteristics Oligopoly, Duopoly and the Characteristics Game Theory (Prisoner's Dilemma, Profits Maximization, An Arms-Race Game, A Common-Resources Game) Profit Maximization in Different Markets The Markets for the Factors of Production Earnings and Discrimination Maslow's Hierarchy of Needs Indifference Curves and Budget Constraint Substitutes and Complements Income and Substitution Effects Economics of Asymmetric Information (Moral Hazard, Adverse Selection) Political Economy Behavioral Economics Regression Analysis and Various Excel Calculations Building Demand Function for a Real Company This course is ideal for individuals who are All level of students. It is particularly useful for All level of students.
Enroll now: Introduction to Microeconomics in the Real World
Summary
Title: Introduction to Microeconomics in the Real World
Price: $44.99
Average Rating: 4.05
Number of Lectures: 28
Number of Published Lectures: 27
Number of Curriculum Items: 28
Number of Published Curriculum Objects: 27
Original Price: $89.99
Quality Status: approved
Status: Live
What You Will Learn
- Main Principles and Terms of Economics (Scarcity, Opportunity Cost, Externality, Inflation, etc.)
- Observation, Assumptions and Economic Models
- The Relationship between Economy Participants
- The Production Possibilities Frontier
- Microeconomics vs. Macroeconomics
- Positive vs. Normative Economics
- Specialization and Trade
- Import/Export
- Money and Its Functions
- Markets and Competition
- Demand and Supply (Movements, Shifts, Equilibrium)
- Price Elasticity of Demand and Its Determinants
- Income and Cross-Price Elasticity of Demand
- Price Elasticity of Supply and Its Determinants
- Price Ceiling and Price Floor
- Minimum Wage Impact on the Labor Market
- Tax Burden Division among Buyers and Sellers
- Direct vs. Indirect Taxes
- Progressive vs. Regressive Taxes
- Fiscal vs. Monetary Policy
- Consumer and Producer Surplus
- Market Efficiency
- Deadweight Loss and Tax Revenue
- The Impact of International Trade on Importing and Exporting Countries
- Tariff and Deadweight Loss
- Arguments for Restricting Trade
- Positive and Negative Externalities, Social Optimum
- Policies toward Externalities
- Public Goods and Common Resources
- Tragedy of the Commons
- The Design of the Tax System
- The Costs of Production
- Economies and Diseconomies of Scale
- Break-Even Analysis
- Competitive Market and Its Characteristics
- Monopolies and the Reasons Why They Exist
- Natural Monoply
- Price Descrimination
- Monopolistic Competition and Its Characteristics
- Oligopoly, Duopoly and the Characteristics
- Game Theory (Prisoner's Dilemma, Profits Maximization, An Arms-Race Game, A Common-Resources Game)
- Profit Maximization in Different Markets
- The Markets for the Factors of Production
- Earnings and Discrimination
- Maslow's Hierarchy of Needs
- Indifference Curves and Budget Constraint
- Substitutes and Complements
- Income and Substitution Effects
- Economics of Asymmetric Information (Moral Hazard, Adverse Selection)
- Political Economy
- Behavioral Economics
- Regression Analysis and Various Excel Calculations
- Building Demand Function for a Real Company
Who Should Attend
- All level of students.
Target Audiences
- All level of students.
Introduction to Microeconomics in the Real World is a complete course of Microeconomics theory and practice. While beginners should have no difficulties, intermediate and advanced students will also satisfy their curiosity. Since the very first classes, we will base our lectures on practical examples and by the end of the course, you will be able to do complex regression analysis for a real company. It will enable you to answer questions such as how much sales should you expect in the upcoming periods, what are the main factors affecting your company sales, and a lot more. Not only you will better understand and manage any company in a business, but also you will be able to act more rationally as a customer simply because you know the rules of the game.
My name is Lilit, and I will be guiding you throughout the course. I am a high performing lecturer at Canada Summer Overseas and my courses at udemy currently have more than 500 students. Besides my teaching experience, I also have in-depth experience at both financial and industrial companies.
Thank you and feel free to watch the sample lecture. Waiting for you to join us at the Introduction to Microeconomics in the Real World course.
Course Curriculum
Chapter 1: Introduction
Lecture 1: Introduction
Chapter 2: Ten Principles of Economics
Lecture 1: Ten Principles of Economics
Chapter 3: Thinking Like an Economist
Lecture 1: Thinking Like an Economist
Chapter 4: Interdependence and the Gains from Trade
Lecture 1: Interdependence and the Gains from Trade
Chapter 5: The Market Forces of Supply and Demand
Lecture 1: The Market Forces of Supply and Demand
Chapter 6: Elasticity and Its Application
Lecture 1: Elasticity and Its Application
Chapter 7: Supply, Demand, and Government Policies
Lecture 1: Supply, Demand, and Government Policies
Chapter 8: Consumers, Producers, and the Efficiency of Markets
Lecture 1: Consumers, Producers, and the Efficiency of Markets
Chapter 9: Application: The Costs of Taxation
Lecture 1: Application: The Costs of Taxation
Chapter 10: Application: International Trade
Lecture 1: Application: International Trade
Chapter 11: Externalities
Lecture 1: Externalities
Chapter 12: Public Goods and Common Resources
Lecture 1: Public Goods and Common Resources
Chapter 13: The Design of the Tax System
Lecture 1: The Design of the Tax System
Chapter 14: The Costs of Production
Lecture 1: The Costs of Production
Chapter 15: Firms in Competitive Markets
Lecture 1: Firms in Competitive Markets
Chapter 16: Monopoly
Lecture 1: Monopoly
Chapter 17: Monopolistic Competition
Lecture 1: Monopolistic Competition
Chapter 18: Oligopoly
Lecture 1: Oligopoly
Chapter 19: The Markets for the Factors of Production
Lecture 1: The Markets for the Factors of Production
Chapter 20: Earnings and Discrimination
Lecture 1: Earnings and Discrimination
Chapter 21: Income Inequality and Poverty
Lecture 1: Income Inequality and Poverty
Chapter 22: The Theory of Consumer Choice
Lecture 1: The Theory of Consumer Choice
Chapter 23: Frontiers of Microeconomics
Lecture 1: Frontiers of Microeconomics
Chapter 24: Bonus Advanced Topics
Lecture 1: Advanced Topic Class 1
Lecture 2: Advanced Topic Class 2
Lecture 3: Advanced Topic Class 3
Lecture 4: Advanced Topics Class 4
Instructors
-
Lilit Matevosyan
Instructor
Rating Distribution
- 1 stars: 1 votes
- 2 stars: 1 votes
- 3 stars: 2 votes
- 4 stars: 4 votes
- 5 stars: 8 votes
Frequently Asked Questions
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