Dive into the world of microeconomics and its crucial role in business decision-making with this comprehensive 8-week course. Designed for business professionals, this course provides a solid foundation in microeconomic theory, policy, and issues directly applicable to the business environment. You'll explore the intricacies of supply and demand models, both graphically and mathematically, and understand the critical role of elasticity in market dynamics. The curriculum covers essential topics such as utility maximization, consumer behavior theory, cost structures in short and long-term scenarios, and analysis of various market structures. You'll learn to evaluate the implications of supply and demand, interpret cost curves for pricing and profit decisions, and differentiate between competitive, monopolistic, and oligopolistic market environments. By the end of the course, you'll be equipped to apply fundamental economic principles to identify economic problems and propose viable alternatives, enhancing your business decision-making skills.