The Complete Introduction to Microeconomics for Beginners

Economics is an incredibly vast subject, commonly divided into macroeconomics and microeconomics. The former deals with governments and international decisions, so it’s closely related to defining theories and shaping policies. While it’s a fascinating subject, it’s not necessary to understand in detail if you’re not someone who works in the financial, economic, or political sector.

The principles of microeconomics, on the other hand, cover the topics relevant to every one of us, as it analyzes the decisions made by companies and individuals. In this course, Chris Benjamin will provide an extensive introduction to microeconomics to help you get a firm grasp on the way market works and make better investment decisions yourself!

Get an introduction to microeconomics from an industry professional!

Chris Benjamin is one of the most active instructors on BitDegree, who has taught hundreds about economics, entrepreneurship, business, and finances. Now, he has prepared an extensive intro to microeconomics so that you could get familiar with the ideas of supply, demand, pricing, and investment. 

If you thought microeconomics is only relevant to those working in economic and financial sectors, think again! Gregory Mankiw, the author of the popular microeconomics textbook Principles of Economics, calls microeconomics a ‘course in life management’, and he’s right: we are all dealing with money and finances every day.

Mastering the microeconomics basics allows you to have better control of your personal and professional budget. It is a crucial skill in any household – not to mention each and every industry. Upon finishing this introduction to microeconomics, you will be capable of making informed financial decisions. This will allow you to maximize utility: you will manage to get the greatest value and the highest satisfaction while sticking to limited resources.

Learning microeconomics: basics that everyone should know

Chris Benjamin has created this introduction to microeconomics with beginners in mind, so absolutely no prior knowledge is needed to take the course. You will learn all the principles of microeconomics you need to get your bearings in the world of finance and investment, such as:

• How supply and demand works, and how companies use it to maximize profit
• When the market equilibrium occurs and what impact it has
• How the small financial decisions contribute to the big picture
• How monopolies and oligopolies work and what their pros and cons are
• How individuals and firms use can use game theory to stay ahead
• What impacts our financial choices and how you can control your budget better

This introduction to microeconomics consists of 50+ informative video lectures in total, divided into 20 sections by topic. This makes it easier for you to quickly refer to any information you might need later – by purchasing this intro to microeconomics course, you receive lifetime access to the materials!

Renting a place, shopping for groceries, choosing between investment opportunities – we’re all making financial decisions every day. Enroll in a comprehensive introduction to microeconomics course to strengthen your knowledge and learn to get the best bang for your buck every time!