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Free Online Course: Diploma in Economics: Microeconomics
by Souporno Ghosh StudentFirst, you will learn about supply, demand, and equilibrium. You will
study what causes shifts in supply and demand, what creates surplus, and
how shortages occur. You will then look into taxes and subsidies and
learn how the price system evolves and develops, along with the concepts
of price ceilings and price floors. The course will also cover the
concept of comparative advantage and the most common arguments against
trade.
You will then learn all about competition in the market and the
effects of monopolies. You will look into the monopolies that are
created by patents in the pharmaceutical industry and how these patents
affect research and development. You will look into labor markets, the
value of education, and the concept of human capital. Finally, you will
study the economics related to the consumer and learn about price
discrimination, free rider, budget line, moral hazards, and much more.
The study of economics is not just for economists. By studying this microeconomics course, you will expand your business vocabulary and gain knowledge of how the markets work. You will understand market dynamics as a whole and learn how you can apply them to your organization, and will also boost your ability to analyze your own spending habits in the process. These are some great rewards, so check out the course today and learn something valuable and interesting in just a few short hours!
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About Souporno Ghosh 
Student
161 connections, 4 recommendations, 893 honor points.Joined APSense since, July 20th, 2018, From Kolkata, India.
Created on Sep 15th 2021 04:53. Viewed 224 times.
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