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Microeconomic policies and resolution focus on the models of individual decision-making situations both under certainty and uncertainty. The Microeconomic Theory deals with different applications that should be learned instantaneously.

Take this Microeconomic Theory Part 3 to learn more microeconomic theories concepts, theories, and tools. You will learn the applications such as risk sharing and financial markets, contracts and information economics, village economics and national development, money models and, credit; plus discussion on the spatial economics.

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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Course Credit: MIT

Course Curriculum

Chapter 1 Choice Theory 00:20:00
Chapter 2 Decision Making Under Risk 00:20:00
Chapter 3 Attitudes Towards Risk 00:25:00
Chapter 4 Stochastic Dominance 00:10:00
Chapter 5 Decision Making Under Uncertainty 00:20:00
Chapter 6 Alternatives to Expected Utility Theory 00:30:00
Chapter 7 Internal Conflict and Hyperbolic Discounting 00:25:00
Assessment
Submit Your Assignment 00:00:00
Certification 00:00:00

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