• Duración:
    6 semanas
  • Dedicación:
    1–2 horas por semana
  • Precio:

    GRATIS
    Agregar un Certificado Verificado por $149 USD

  • Institución
  • Tema:
  • Nivel:
    Intermediate
  • Idioma:
    English
  • Transcripción de video:
    English
  • Tipo de curso:
    A tu ritmo

Programas asociados:

Prerrequisitos

You do not require to have any experience or knowledge on particular academic disciplines; although, background in Economics and Statistics will be helpful.

Sobre este curso

Omitir Sobre este curso

By undertaking this course, you will be immersed in economic concepts including elasticity calculation, elasticity of demand, market pricing, explicit and implicit costs, economic profit and mapping supply. You’ll explore the two distinct functions of market pricing and the concept of marginal cost, which is central to identifying the optimum production levels. ****

Firms operating as a monopoly and others which operate in a monopolistic market are very different and you will learn what makes them different, the different market structures, and the production quantity for profit maximization. With great practical examples, this course will ensure you understand the importance of different market structures, the impacts this will have on product pricing and the impact on a firm’s profitability. ****

This MOOC is part of the Professional Certificate in Microeconomics. We recommend that you explore the other two courses of the program, Principles of Microeconomics and Social Microeconomics. The program is based on a core microeconomics course taught on campus at The University of Queensland. Don't wait to enroll and begin learning from industry experts now!

If you are interested in pursuing economics further, UQx provides an accompanying Professional Certificate in Macroeconomics program running in parallel to this course. Building on your knowledge of microeconomics with this additional program will provide you with a strong foundation of economics.

Overall, this course is for everyone, whether you are studying at university, a career professional interested in expanding your economic knowledge, or simply curious about global economic behaviour and what influences it.

Lo que aprenderás

Omitir Lo que aprenderás

The topics that are covered within this course include:

  • the concept of elasticity and elasticity of demand
  • cost calculation, profit maximisation and supply curves
  • examples of monopolistic competition and monopoly firms
  • government intervention aimed at overcoming the economic inefficiencies to enhance economic surplus
  • profit maximising output for a monopoly

Conoce a tus instructores

Carl Sherwood
Director of Education, School of Economics
University of Queensland

Obtén un Certificado Verificado para destacar los conocimientos y las habilidades que adquieras
$149 USD

Ver un modelo de certificado de edX en PDF
  • Oficial y verificado

    Obtén un certificado con la firma del instructor y el logotipo de la institución para demostrar tus logros y aumentar las posibilidades de conseguir trabajo

  • Fácil de compartir

    Agrega el certificado a tu currículum o publícalo directamente en LinkedIn

  • Incentivo comprobado

    El certificado te da un motivo más para completar el curso

  • Apoya nuestra labor

    edX, una organización sin fines de lucro, se sustenta con los certificados verificados para financiar la educación gratuita para todo el mundo