Ementorhub

What you'll learn

Analyze assumptions in economic models and evaluate policy interventions' impact on market outcomes in both perfect and imperfect markets.

Create and solve basic economic models, identify their limitations, and develop appropriate policy solutions for real-world issue.

Interpret strategic interactions in game theory, illustrating how information and move order impact decision-making among economic agents.

Examine how changing constraints affect optimal choices and how preferences and constraints together shape decisions in various markets.

Skills you'll gain

Competitive Analysis

Economic Development

Policy Analysis

Cost Benefit Analysis

Decision Making

Economics

Public Policies

Market Analysis

Strategic Thinking

Social Sciences

Analysis

Resource Allocation

Game Theory

Business Economics

Consumer Behaviour

Production Planning

Behavioral Economics

Market Dynamics

Supply And Demand

There are 7 modules in this course

In a world with infinite calls on finite resources, the choice is the central problem of public policy. The tools and techniques of economics are critical in addressing it. A microeconomic model can help you analyze and evaluate any problem associated with a choice, be it climate change, inequality, or which color jeans to buy. A choice, however, only makes sense if we are aware of the available options. The (dismal) science of economics helps there too, by hard coding limitations into these optimization efforts. This course helps you dive deep into the economic elements, even if you have little or no previous exposure to formal economics. This course enables you to use the basic framework of incentives, trade-offs, prices, markets, and underlying modern microeconomics to understand the economy at large. The economic theories from the course will help you contextualize the current pressing concerns of public policy, which will further aid in the development of a more precise formulation of policy-relevant problems and potential solutions.

Consumer Choice

Producer Choice

Perfectly Competitive Market and Basic Policy Toolkit

Social Choice and Welfare

Social Strategic Interactions

Introduction to Imperfect Competition