In this course, you will learn all of the major principles of microeconomics normally taught in a quarter or semester course to college undergraduates or MBA students.
Perhaps more importantly, you will also learn how to apply these principles to a wide variety of real world situations in both your personal and professional lives. In this way, the Power of Microeconomics will help you prosper in an increasingly competitive environment.
Note that this course is a companion to the Power of Macroeconomics. If you take both courses, you will learn all of the major principles normally taught in a year-long introductory economics college course.
An Introduction to Microeconomics
Supply, Demand and Equilibrium
Demand and Consumer Behavior
Supply and Production Theory
Monopoly and Monopolistic Competition
Oligopoly and Strategic Behavior
Land and Rent
The Labor Market and Wage Determination
The Capital Market, Interest, and Profits
Public Goods and Externalities