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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.
Assessment
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.
Certification
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Having an Official Edukite Certification is a great way to celebrate and share your success. You can:
- Add the certificate to your CV or resume and brighten up your career
- Show it to prove your success
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 | ||
Assessment | |||
Submit Your Assignment | 00:00:00 | ||
Certification | 00:00:00 |
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