Brief Introduction
This course presents the basic analytical tools of microeconomicsCourse Summary
Explore the principles of microeconomic theory in this Harvard online course. Gain a deep understanding of how individuals and firms make decisions and how markets function.Key Learning Points
- Learn the fundamentals of microeconomics through real-world examples and case studies
- Understand the role of individual behavior in the market and the impact of market structure on outcomes
- Explore the theories behind consumer and producer behavior and how they interact with each other
Job Positions & Salaries of people who have taken this course might have
- USA: $99,000
- India: ₹10,00,000
- Spain: €38,000
- USA: $99,000
- India: ₹10,00,000
- Spain: €38,000
- USA: $63,000
- India: ₹5,00,000
- Spain: €28,000
- USA: $99,000
- India: ₹10,00,000
- Spain: €38,000
- USA: $63,000
- India: ₹5,00,000
- Spain: €28,000
- USA: $81,000
- India: ₹8,00,000
- Spain: €34,000
Related Topics for further study
Learning Outcomes
- Develop a deep understanding of microeconomic theory
- Apply microeconomic principles to real-world scenarios
- Understand how individual behavior impacts market outcomes
Prerequisites or good to have knowledge before taking this course
- Basic knowledge of economics
- Familiarity with calculus
Course Difficulty Level
IntermediateCourse Format
- Online
- Self-paced
Similar Courses
- Principles of Microeconomics
- Microeconomics: The Power of Markets
- Intermediate Microeconomic Theory
Notable People in This Field
- Richard Thaler
- Steven Levitt
Related Books
Description
Course description
This course presents the basic analytical tools of microeconomics. We start by looking at the decision making of individual consumers and ask how these decisions can be optimized or improved. Next, we look at the ways firms make and coordinate their decisions under varying market structures, including perfect competition and monopoly. Then we look at strategic behavior in imperfectly competitive markets, making use of concepts from game theory such as Nash equilibrium. Finally, we take up topics including bargaining theory, information economics, environmental externalities, and public goods.
Summary of User Reviews
Discover the fascinating world of microeconomic theory with Harvard's online course. Students have praised this course for its engaging content and knowledgeable instructors. Learn about market equilibrium, game theory, and more in this comprehensive course.Key Aspect Users Liked About This Course
engaging contentPros from User Reviews
- Instructors are knowledgeable and engaging
- Course covers a wide range of microeconomic topics
- Assignments and quizzes are challenging and rewarding
Cons from User Reviews
- Some sections may be too advanced for beginners
- Course may be too theoretical for some practical applications
- Limited interaction with other students in the course
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