Principles of Economics: Microeconomics - Down to Business
Master fundamental microeconomic concepts, from production costs to market structures. Ideal for business understanding.
Master fundamental microeconomic concepts, from production costs to market structures. Ideal for business understanding.
This course cannot be purchased separately - to access the complete learning experience, graded assignments, and earn certificates, you'll need to enroll in the full A Story of Economics: A Principles Tale Specialization program. You can audit this specific course for free to explore the content, which includes access to course materials and lectures. This allows you to learn at your own pace without any financial commitment.
4.8
(18 ratings)
Instructors:
English
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What you'll learn
Analyze opportunity costs in economic decisions
Understand marginal benefit and cost comparisons
Evaluate price-demand-supply relationships
Calculate and interpret elasticity coefficients
Assess government policy effects on markets
Analyze different market competition structures
Skills you'll gain
This course includes:
4.1 Hours PreRecorded video
1 quiz, 32 assignments
Access on Mobile, Tablet, Desktop
FullTime access
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There are 6 modules in this course
This comprehensive course explores microeconomic principles focusing on business operations and market structures. Students learn about production costs, market competition types (perfect competition, monopoly, monopolistic competition, oligopoly), and household economic choices. The curriculum covers optimization strategies, pricing decisions, and market efficiency analysis, with practical applications to real-world business scenarios.
Welcome to the Course
Module 1 · 49 Minutes to complete
Module 1 - The Costs of Production
Module 2 · 2 Hours to complete
Module 2 - Perfect Competition
Module 3 · 2 Hours to complete
Module 3 - Monopoly
Module 4 · 1 Hours to complete
Module 4 - Monopolistic Competition and Oligopoly
Module 5 · 2 Hours to complete
Module 5 - Household Choices
Module 6 · 4 Hours to complete
Fee Structure
Instructor
Inspiring Economics Educator and Program Director
Dr. James DeNicco is the Director of the Principles of Economics Program and a Senior Lecturer at Rice University, where he has passionately taught economics since 2010. With a Ph.D. in Economics from Drexel University, his expertise lies primarily in Macroeconomics and Industrial Organization. Dr. DeNicco's engaging teaching style has earned him numerous accolades, including the Malcolm Gillis Award for Distinction in Undergraduate Teaching and the George R. Brown Award for Superior Teaching, reflecting his commitment to student success and learning. He teaches approximately 700 students annually in introductory economics courses and also contributes to graduate programs in Global Affairs and Social Policy Evaluation. Beyond his classroom contributions, Dr. DeNicco actively fosters community through initiatives like Baker College traditions and serves as a Divisional Advisor, helping new students navigate their academic paths. His research interests focus on the interplay between GDP growth and labor dynamics, with published works that address critical economic issues. Through his dedication to teaching and mentorship, Dr. DeNicco not only imparts knowledge but also builds meaningful connections with his students, making a lasting impact on their educational journeys.
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4.8 course rating
18 ratings
Frequently asked questions
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