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Microeconomics Course - Overview

Do you ever wonder how markets work, why prices fluctuate, or how government policies impact your daily life? If so, unlocking the secrets of Microeconomics could be your key to understanding the economic forces that shape our world.

In this Microeconomics course, you will discover the Ten Principles of Economics and learn to think like an economist as you unravel the mysteries of supply, demand, and market forces. Here, you will explore the symbiotic relationship between interdependence and the gains from trade, unravel the enigma of market forces, and unravel the complexities of supply, demand, and government policies. Moreover, you will gain insights into the interdependence of economies and the gains from trade and witness firsthand how economic policies shape our daily lives.

Furthermore, you will become familiar with public goods, common resources, and the design of the tax system. Moving through the Microeconomics course, you will also learn about monopoly, monopolistic competition, and oligopoly. Whether you’re a student seeking to expand your knowledge, a professional aiming to advance your career, or simply a curious learner eager to understand the world around you, our Microeconomics course is your path to success.

Without further delay, enrol in the Microeconomics course to strengthen your knowledge of economics.

Why Choose Teachers Training

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Entry Requirements

No formal entry requirements. You need to have:

Certification

CPD Certification from The Teachers Training

Successfully completing the MCQ exam of this course qualifies you for a CPD-accredited certificate from The Teachers Training. You will be eligible for both PDF copy and hard copy of the certificate to showcase your achievement however you wish.

  • You can get your digital certificate (PDF) for £4.99 only
  • Hard copy certificates are also available, and you can get one for only £10.99
  • You can get both PDF and Hard copy certificates for just £12.99!

The certificate will add significant weight to your CV and will give you a competitive advantage when applying for jobs.

Course Curriculum

Introduction
Introduction 00:02:00
Ten Principles of Economics
Ten Principles of Economics 00:28:00
Thinking Like an Economist
Thinking Like an Economist 00:33:00
Interdependence and the Gains from Trade
Interdependence and the Gains from Trade 00:23:00
The Market Forces of Supply and Demand
The Market Forces of Supply and Demand 00:24:00
Elasticity and Its Application
Elasticity and Its Application 00:19:00
Supply, Demand, and Government Policies
Supply, Demand, and Government Policies 00:30:00
Consumers, Producers, and the Efficiency of Markets
Consumers, Producers, and the Efficiency of Markets 00:20:00
Application: The Costs of Taxation
Application: The Costs of Taxation 00:20:00
Application: International Trade
Application: International Trade 00:32:00
Externalities
Externalities 00:17:00
Public Goods and Common Resources
Public Goods and Common Resources 00:11:00
The Design of the Tax System
The Design of the Tax System 00:18:00
The Costs of Production
The Costs of Production 00:24:00
Firms in Competitive Markets
Firms in Competitive Markets 00:23:00
Monopoly
Monopoly 00:26:00
Monopolistic Competition
Monopolistic Competition 00:16:00
Oligopoly
Oligopoly 00:20:00
The Markets for the Factors of Production
The Markets for the Factors of Production 00:18:00
Earnings and Discrimination
Earnings and Discrimination 00:21:00
Income Inequality and Poverty
Income Inequality and Poverty 00:30:00
The Theory of Consumer Choice
The Theory of Consumer Choice 00:26:00
Frontiers of Microeconomics
Frontiers of Microeconomics 00:20:00
Bonus Advanced Topics
Advanced Topic Class 1 00:30:00
Advanced Topic Class 2 00:30:00
Advanced Topic Class 3 00:31:00
Advanced Topics Class 4 00:44:00
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