Microeconomics Principles Specialization Course Syllabus

Full curriculum breakdown — modules, lessons, estimated time, and outcomes.

Overview (80-120 words) describing structure and time commitment.

Module 1: Introduction to Microeconomics

Estimated time: 40 hours

  • Basic principles of supply and demand
  • Role of consumers and firms in markets
  • Opportunity cost and trade-offs
  • Scarcity and resource allocation

Module 2: Market Structures and Competition

Estimated time: 40 hours

  • Perfect competition and firm behavior
  • Monopoly power and pricing strategies
  • Oligopoly and strategic interaction
  • Market efficiency and welfare implications

Module 3: Government Policies and Economic Intervention

Estimated time: 40 hours

  • Effects of taxes and subsidies on markets
  • Price controls: ceilings and floors
  • Role of regulation in market outcomes
  • Fiscal and monetary policy basics

Module 4: Real-World Microeconomic Applications

Estimated time: 40 hours

  • Labor market dynamics
  • Education and human capital decisions
  • Environmental policy and externalities
  • Public goods and common resources

Module 5: Microeconomics Case Study

Estimated time: 40 hours

  • Analysis of a real-world economic problem
  • Application of supply and demand frameworks
  • Evaluation of policy interventions

Module 6: Final Project

Estimated time: 40 hours

  • Comprehensive case analysis report
  • Graphical analysis using supply and demand models
  • Policy recommendation based on microeconomic principles

Prerequisites

  • Basic understanding of high school mathematics
  • Familiarity with fundamental social science concepts
  • No prior economics coursework required

What You'll Be Able to Do After

  • Analyze consumer and firm decision-making behavior
  • Evaluate different market structures and their outcomes
  • Interpret the impact of government policies on markets
  • Apply microeconomic tools to real-life issues in labor, education, and environment
  • Develop evidence-based policy recommendations using economic models
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