Published 12/2022MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHzLanguage: 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 bners, 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 Maal 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

HomePage:

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