Published 12/2022
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 1.60 GB | Duration: 1h 32m
Understanding how businesses and societies are affected by microeconomics
What you'll learn
An absolute understanding of the Primary Concepts of Microeconomics
Demand and Supply concepts and how to use them to your favor
Knowing the different types of profits and costs
Understanding the true costs of products and services, beyond price tags and offers
Requirements
No previous microeconomics knowledge is required
Description
This course is about Microeconomics. In this course, you are going to learn the basics of Microeconomcis.The basics include mostly basic theories.In addition to that, this course teaches you how to think like a business owner.Thinking like a business owner involves considering how to compete better, how to price your products and understanding consumers better.You will find out that microeconomics is more relevant to your life than you think.This applies for both individuals and people involved in business management.However, microeconomics and its benefits tend to be overlooked in understanding what really happens around us.I am here to help you learn and apply this knowledge.Additionally, this course discusses and gives tips on business success.As well as highlights the factors that influence business success.This course is mostly for beginners, because it mostly discusses the basics. This course is for people who are already trying to learn microeconomics.Or for people who have simply heard of microeconomics and would like to learn it.It is also for people that would like to attain a fresh outlook on life and understand some of the thoughts behind businesses.Enroll in the course and start learning now.
Overview
Section 1: Introduction
Lecture 1 Introduction
Section 2: Definition of microeconomics
Lecture 2 What is microeconomics?
Section 3: Basic economic theories and models
Lecture 3 Economic Basics
Lecture 4 Economic systems
Lecture 5 Production Possibilities Curve
Lecture 6 Comparative and Absolute Advantages
Section 4: Demand, Supply and Market Equilibrium
Lecture 7 Demand
Lecture 8 Supply
Lecture 9 Market Equilibrium and its changes
Section 5: Elasticity
Lecture 10 Price Elasticity of Demand
Lecture 11 Price Elasticity of Supply
Lecture 12 Elasticity Calculation and Midpoint Method
Lecture 13 Other Elasticities
Section 6: Economic Profit and Production
Lecture 14 Short Run Production Costs
Lecture 15 Long Run Production Costs
Lecture 16 Profit Types
Section 7: Consumer Theory
Lecture 17 Introduction to Consumer Theory
Lecture 18 Utility Maximization by Using Marginal Utility
Section 8: Consumer and Producer Surplus
Lecture 19 Consumer and Producer Surplus
Section 9: International Trade
Lecture 20 International Trade
Section 10: Market Intervention
Lecture 21 Market Intervention
Section 11: Types of Competition
Lecture 22 Perfect Competition
Lecture 23 Oligopoly
Lecture 24 Monopoly
Lecture 25 Monopolistic Competition
Section 12: Factor Markets
Lecture 26 Introduction to Factor Markets
Section 13: Externalities and The Role of The Government
Lecture 27 Four Types of Goods
Lecture 28 Negative Externalities
Lecture 29 Positive Externalities
Section 14: Conclusion
Lecture 30 Conclusion
People interested in microeconomics, as well as people looking for an understanding of microeconomics from the point of view of a business owner
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