- Do you want to learn basic microeconomic principles and understand the power of microeconomics in the economic development of countries?

Peter Navarro of University of California has designed a course to teach you all the major principles of microeconomics that are normally taught to MBA students or Economics undergraduates. This 11 weeks course is totally free and the best thing about it is that the entire course will be taught online.

At the end of the course you will be able to apply these microeconomic principles to a wide variety of real-life situations, in your personal life as well as in your professional life.

This is a complete course in the principles of microeconomics normally taught to the economics undergraduates in a quarter or semester. It consists of set of eleven video lectures specifically designed to help students understand all the major microeconomic concepts, including Supply and demand, price mechanism, market structures (both perfect competition and monopolies), factor markets (land, labour and capital markets) and market failures. Each lecture will be followed by an online quiz and immediately after completing the quiz you will be able to check correct answers as well your grade.

If you successfully complete the class you will earn a Statement of Accomplishment signed by the instructor. Get registered in this free online course and use the Power of Microeconomics to prosper in an increasingly competitive economy.

Course Outline

- Week One: An Introduction to Microeconomics
- Week Two: Supply and Demand
- Week Three: Demand and Consumer Behavior
- Week Four: Supply and Production Theory
- Week Five: Perfect Competition
- Week Six: Monopoly and Monopolistic Competition
- Week Seven: Oligopoly and Strategic Behavior
- Week Eight: Land and Rent
- Week Nine: The Labor Market and Wage Determination
- Week Ten: The Capital Market, Interest and Profits
- Week Eleven: Public Goods and Externalities

Author Bio

Peter Navarro is a business professor at the University of California-Irvine since 1988. He did PhD in economics from Harvard University in 1986.