Course Description
Welcome to Global Microeconomics (GME), a comprehensive course designed to provide university students with a foundational understanding of microeconomic principles. This course covers supply and demand, market structures, consumer behavior, and the functioning of individual markets. Students will learn to analyze economic issues and apply microeconomic theories to real-world scenarios.
Course Objectives
- Understand the fundamental principles of microeconomics.
- Master the concepts of supply and demand.
- Analyze different market structures and consumer behavior.
- Apply microeconomic theories to real-world economic issues.
Benefits for University Students
- Enhanced Understanding: Deepen your knowledge of microeconomics, complementing your university studies and helping you excel in exams.
- Practical Skills: Gain practical skills essential for academic success and professional readiness in economics.
- Career Preparation: Prepare for careers in economics, finance, and policy analysis with a strong foundation in microeconomic principles.
- Certification: Receive a certificate upon completion, recognizing your mastery of the course content.
Course Outline
- Introduction to Microeconomics
- Overview of microeconomic principles
- The role of microeconomics in understanding the economy
- Supply and Demand
- Law of supply and demand
- Market equilibrium and price determination
- Market Structures
- Perfect competition, monopoly, oligopoly, and monopolistic competition
- Characteristics and outcomes of different market structures
- Consumer Behavior
- Utility maximization and consumer choice
- Elasticity of demand
- Applications of Microeconomics
- Analyzing real-world economic issues
- Applying microeconomic theories to policy and business decisions
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General Disclaimer
The educational content provided is intended for informational purposes only. Certificates issued upon course completion recognize mastery of content but are not equivalent to formal academic degrees.