Microeconomics & Business
About this Course
This course is an introduction to basic concepts governing the operation of the microeconomy, with specific emphasis placed on understanding microeconomic theory, policy, and issues as they relate to business decision-making. Students successfully completing this course will be able to comprehend the workings of the supply and demand model from both a graphical and mathematical perspective, explain the role that elasticity plays in the supply and demand model and know how to calculate and interpret various elasticities, understand utility maximization and the theory of consumer behavior, explain how cost structures differ in the short run and the long run, analyze various market structures in terms of their economic performance, and understand the workings of the various factor markets.Created by: Doane University
Level: Introductory
Related Online Courses
Brought to you by Arm, this course guides you through the practical application of Project-Based Learning (PBL) theory using a range of tools and techniques. The course takes educators on a deep... more
This course begins with a look at the determinants of value. We will cover two main approaches to valuing businesses as going concerns, discounting cash flows and valuation ratios, including the... more
In this course, we will introduce you to edX Studio, edX’s course-authoring tool. This course is ideal for course authors and course teams interested in uncovering the nuts and bolts of building a... more
The ever-increasing pace of change on the financial desktop requires us to think differently about building software and enabling better and more efficient workflows. The move to micro-frontends,... more
U.S.-based and higher education-centered, this is a five-module, self-paced course that offers an inclusive teaching framework with multiple entry points for reflection and exploration of the... more
Powered by
