ECON101: Principles of Microeconomics

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Discover the fundamentals of economics in this comprehensive course. Learn about supply and demand, market behavior, consumer and producer behavior, and more. Gain a strong grasp on microeconomic issues and their real-world applications. Explore the core concepts of economics and enhance your understanding. Get ready to excel with our study guides.

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When we talk about the economy, we refer to the marketplace or economic system where our choices interact with one another.

In this course, we discuss how and why we make economic decisions, and how our choices affect the economy.

Think about each of the following units as a building block, where the concepts you learn will enable you to understand the material you discover in the next unit.

By the end of this course, you will have a strong grasp on the major issues microeconomists face, including: consumer and producer behavior, the nature of supply and demand, the different kinds of markets and how they function, and the welfare outcomes of consumers and producers.

We also explore how these formal principles and concepts apply to real-world issues.

The scope and emphasis of this course goes beyond a general understanding of microeconomics to incorporate the core concepts of the overall field of economics.

Unit 1: Introduction to Economics

Unit 2: Supply and Demand

Unit 3: Markets and Individual Maximizing Behavior

Unit 4: The Consumer

Unit 5: The Producer

Unit 6: Market Structure: Competitive and Non-Competitive Markets

Unit 7: Resource Markets

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    ECON101: Principles of Microeconomics
    ECON101: Principles of Microeconomics
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