Eager About the Nuances of Economics? Take this Online Course on Microeconomics

By Malavikka

Microeconomics is all about how individual human actions bring about various changes in production and utilization of resources. This Microeconomics course is part of the Masachusset Institute of Technology's MicroMasters program in Data, Economics, and Development Policy (DEDP).


In this course, you will learn about microeconomic theory, together with some empirical results and policy implications. You'll analyze mathematical models that describe the real-world behavior of consumers and firms, and you'll see how prices make the world go 'round.

You'll join the ranks of business executives, policymakers, entrepreneurs, and global leaders who rely on the insights they derive from a working knowledge of microeconomics.

Online Course on Microeconomics


February 6



Key Topics Covered

  • Consumer theory
  • Supply and demand
  • Market equilibrium
  • Producer theory
  • Monopoly
  • Oligopoly
  • Capital markets
  • Welfare economics
  • Public goods
  • Externalities

Course Syllabus

Part I: Consumer Theory

Week 1: Introduction
Week 2: Supply and Demand
Week 3: Consumer Choice
Week 4: Applying Consumer Theory

Part II: Producer Theory

Week 5: Firms and Production; Costs
Week 6: Competitive Firms and Markets
Week 7: Applying the Competitive Model; Monopoly
Week 8: Oligopoly and Monopolistic Competition

Part III: Topics

Week 9: International Trade; Uncertainty
Week 10: Capital Markets
Week 11: Equity
Week 12: Behavioral Economics; Health Economics


12 hours per week



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