Learn the essentials of microeconomics and how incentives and the actions of individuals shape the economy. This free online economics diploma course teaches you about Microeconomics. You will learn about the important dynamics of microeconomics and get insightful answers to everyday questions such as why is customer service at your local restaurant usually better than that of the cable company. Economics is much more than the study of numbers and graphs, this course will teach you how to apply economic thought to your daily life.
| College | Alison |
| Course ID | 188822 |
| Course Category | Business |
| Course Type | Online Learning |
| Course Qualification | CPD Diploma |
| Course Duration | 10-15 hours |
| Course Fee | Free |
| Entry Requirements | Like all courses on the Alison Free Learning platform this is a free, CPD-accredited course. A Graduate can choose to buy a certificate or diploma upon successful completion of a course, but this is not required or necessary. At Alison we believe that free education, more than anything, has the power to break through boundaries and transform lives. Alison is the world’s largest free online empowerment platform for education and skills training, offering over 5000 CPD accredited courses and a range of impactful career development tools. It is a for-profit social enterprise dedicated to making it possible for anyone, to study anything, anywhere, at any time, for free online, at any subject level. Through our mission, we are a catalyst for positive social change, creating opportunity, prosperity, and equality for everyone. |
| Career Path | In This Free Course, You Will Learn How To • Discuss supply, demand, and equilibrium • Explain elasticity and its applications • Discuss the effect of taxes and subsidies on social welfare • Explain how the price system works and define price ceilings and price floors • Assess arguments against trade and why trade is important • Discuss externalities • Calculate profit • Discuss monopolies • Explain price discrimination • Discuss the labour market • Compare public, private, and common goods • Explain asymmetric information and moral hazard |
| Course Code | 1336 |
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