- Course
Principles of Economics: Microeconomics
Introduction to Microeconomics
What did bad incentives have to do with the death rate of prisoners shipped from England to Australia?
Course overview
What you will learn
By taking this free microeconomics course, you’ll be exposed to the economic way of thinking. You’ll understand how to use economics in your life and, ultimately, see the world differently.
We’ll cover fundamental microeconomics concepts like supply and demand and equilibrium. We’ll also answer questions such as: How are prices determined? What did Adam Smith mean when he said the market process works like an “invisible hand”? How is it that we have access to fresh roses in very chilly cities every Valentine’s Day? We will cover all the key topics including competition, monopoly, price discrimination, externalities, public goods and more.
There are no prerequisites to this course and it is accessible to a beginner.
Can I earn a certificate?
Yes, if you pass the final exam, you will earn the "Principles
of Economics: Microeconomics"certificate on your MRU profile.
Creative Commons
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