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The [course_title] course aims at teaching the essential techniques of microeconomics covering the analytic tools that will help you to make financial decisions for your business firm.

Topics covered in the courses are the behaviour of individual markets and the producers and consumers that sell and buy in those markets. You will know cost analysis, the determinants of market demand, pricing strategy, market power, and the implications of government regulatory policies. The course also focuses on the impacts of economics on other business practices, such as incentive plans, auctions, and transfer pricing.

Upon completion, you will know to take the right business decisions based on the economic analysis of your company.


This course does not involve any written exams. Students need to answer 5 assignment questions to complete the course, the answers will be in the form of written work in pdf or word. Students can write the answers in their own time. Each answer need to be 200 words (1 Page). Once the answers are submitted, the tutor will check and assess the work.


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Course Credit: MIT

Course Curriculum

Module 01
Course Overview Markets 00:25:00
Market Definition 00:30:00
Analysis of Competitive Markets 00:20:00
Production and Cost I 00:25:00
Production and Cost II 00:25:00
Consumer Demand Introduction 00:25:00
Consumer Demand and Product Characteristics 00:25:00
Time and Uncertainty 00:25:00
Market Power 00:25:00
Pricing with Market Power I 00:25:00
Module 02
Game Theory and Competitive Strategy I 00:25:00
Game Theory and Competitive Strategy II 00:25:00
Collusion and Competition in Oligopolistic Markets 00:20:00
Limiting Market Power 00:25:00
Auctions and Bidding 00:20:00
Transfer Pricing and Vertical Integration 00:25:00
Incentives and Employment 00:20:00
Asymmetric Information and Market Structure 00:25:00
Externalities and Market Structure 00:25:00
Submit Your Assignment 00:00:00
Certification 00:00:00

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