Overview
Introduction to Microeconomics is designed to give an introduction and an overview of microeconomic knowledge. The understanding gain from this course will be very useful in making personal, business and strategic business decisions. It covers the main concepts in the Microeconomics field.
What you will learn (Course Learning Outcomes)
- Identify the economic influence on the business organization and the nature of different market structure theories (C1, PLO1)
- Describe market situation using the theory of pricing and the law of demand and supply (C2, PLO4)
- Explain the profit maximizing and utility maximization theories (C2, PLO4)
