Course Program

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#1Introduction to Microeconomics
  • Basic Concepts of Microeconomics---
  • Demand, Supply and Market Equilibrium---
  • Elasticity in Microeconomics---
#2Consumer Behavior and Utility Theory
  • Understanding Consumer Choices---
  • Concept of Utility and Preferences---
  • Budget Constraints---
  • Indifference Curves---
  • Consumer Equilibrium---
#3Production and Costs
  • Production Functions---
  • Short-Run and Long-Run Costs---
  • Economies and Diseconomies of Scale---
  • Costs in Purely Competitive Markets---
#4Market Structures
  • Characteristics of Perfect Competition---
  • Monopoly and Market Power---
  • Monopolistic Competition---
  • Oligopoly and Game Theory---
  • Comparative Analysis of Market Structures---
#5Factor Markets
  • Demand for Labor and Capital---
  • Supply of Labor---
  • Income Distribution and Kaitz Curve---
  • Interest, Rent, and Profits---
#6Market Failures and Government
  • Public Goods and Externalities---
  • Market Power and Antitrust---
  • Cost and Benefits Analysis---
  • Government Intervention and Regulation---
#7Quantitative Methods and Optimization
  • Linear Modeling in Economics---
  • Constraints and Optimization Models---
  • Game Theory and Optimization---
  • Quantitative Analysis in Market Studies---