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Learning Basic Economics can only give you an overview of the concepts, theories, and principles of the topic. To have an in-depth knowledge of this, you need to focus on learning about microeconomic theories, methodologies, and its applications.

Taking this Microeconomic Theory Part 1 will help you expand your knowledge on economics focusing on the smaller scale of economy. This course will utilize your knowledge of multivariable calculus, linear algebra, and basic real analysis.

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 needs to be 200 words (1 Page). Once the answers are submitted, the tutor will check and assess the work.

Certification

Edukite courses are free to study. To successfully complete a course you must submit all the assignment of the course as part of the assessment. Upon successful completion of a course, you can choose to make your achievement formal by obtaining your Certificate at a cost of £49.

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

Choice, Preference, and Utility 00:40:00
Consumer Theory 01:00:00
Applications of Consumer Theory 00:30:00
Monotone Comparative Statistics, with Applications to Producer Theory 01:00:00
Expected Utility Theory 00:30:00
Attitudes Towards Risk 00:30:00
Comparing Risky Prospects 00:20:00
Critiques of Expected Utility 00:30:00
Dynamic Choice and Time-Inconsistency 00:30:00
Assessment
Submit Your Assignment 00:00:00
Certification 00:00:00

Course Reviews

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