Micro Economics

Learning Outcomes

Upon successful completion of this course, students are expected to be able to: explain demand and supply model; identify the basis of choice and decision making; calculate and explain production and cost analysis; identify and explain different types of market structure; describe and explain relevant information and knowledge pertaining government economic policies

Topics

This course is designed to introduce all basic facets of microeconomics. It contains a full development of the theory demand and supply. Topics include Consumer Theory, Production and Cost Theory, Perfect Competition, Market Power, Imperfect Competition and Strategic Behavior.