What you'll learn
Gain understanding of consumer & firm behaviors, their responses to market structure changes, analyze firm behavior in short-run & long-run markets
Master how to analyze different market structures, ie monopoly, oligopoly, & competitive markets, predict the changes in producer or consumer surplus
Apply economic principles to various aspects of daily life & to inform policy decisions, utilize these concepts to solve a range of policy questions
Learn to use supply/demand graphs to analyze market movements to establish economic policies, compute metrics like producer and consumer surplus
Specialization - 4 course series
Market Equilibrium, Government Policy & Elasticity
The Theory of the Firm
Public Goods, Common Resources, and Externalities