Microeconomics

This course is used to analyze the manner in which markets resolve a problem that is caused by scarce resources. You will also learn about the role of the government in a market-driven society.

What you’ll learn

  • Analyze public & private sectors of U.S. economy
  • Understand of the theory of consumer choice
  • Ability to explain & predict business firm behavior
  • Study market failures and the role of government in a market-driven society
Microeconomics

$79

Plus membership

3 Credits

All courses include:

eTextbooks

2 to 3-day turnaround for grading

Multiple chances to improve your grade

On-demand tutoring & writing center

Student support 7 days a week

$79

Plus membership

3 Credits

All courses include:

eTextbooks

2 to 3-day turnaround for grading

Multiple chances to improve your grade

On-demand tutoring & writing center

Student support 7 days a week

Microeconomics

$79

Plus membership

3 Credits

About This Course

|
ACE Approved 2021

Our Microeconomics online course analyzes the manner in which markets resolve a problem posed by the reality of scarce resources. You will be presented with how a model of efficiency is constructed and analyzed through the topics of demand, supply, production, distribution, consumer choice, the behavior of the firm, and market structure. During this Microeconomics course, you will also spend time discussing market failures and the role of government in a market-driven society.

Course Outcomes

Identify and apply relevant terminology and concepts to economic issues and problems.

Compare and contrast the market system of economics with other systems.

Analyze and synthesize the public and private sectors of the U.S. economy.

Use demand and supply models in the analysis of real-world issues.

Use the theory of consumer choice to explain and to predict consumer behavior.

Use market structure models to explain and to predict business firm behavior.

Explain the basis for and the benefits of trade.

Read Less

Course Text

Prefer the hard copy? Simply purchase from your favorite textbook reseller; you will still get the eTextbook for free. The required eTextbook for this course is included with your course purchase at no additional cost.

Principles of Microeconomics. 8th ed.

Frank, Robert H., Ben S. Bernanke, Kate Antonovics, and Ori Heffetz. Principles of Microeconomics. 8th ed., McGraw Hill, 2022. ISBN: 9781264250387

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